sectorHigh risk

Mirae Asset Banking and Financial Services Fund - Direct Plan - IDCW

Invests only in one industry or theme (like banking, pharma, tech). Highly concentrated — bigger swings. From Mirae Asset Mutual Fund. It's been running since 14 Dec 2020.

Latest price per unit

₹23.565

▲ 0.38% today

As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns

Invested 1 year ago

₹1.10 L

▲ ₹10.0k gain · 10.0% / year

Invested 3 years ago

₹1.48 L

▲ ₹47.6k gain · 13.9% / year

Invested 5 years ago

₹1.86 L

▲ ₹85.5k gain · 13.2% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness

15.7%

The value swings roughly 16% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever

-21.07%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Technical details (for the pros)

CAGR — 1 year10.05%

CAGR — 3 years13.86%

CAGR — 5 years13.16%

CAGR — since launch16.10%

Volatility — 1 year (annualised)15.78%

Volatility — 3 years (annualised)15.72%

Max drawdown — 1 year-15.76%

Max drawdown — 3 years-15.76%

Sharpe ratio — 1 year (rf=6%)0.24

Sharpe ratio — 3 years (rf=6%)0.46

Fund info

Fund house: Mirae Asset Mutual Fund
Category: Equity Schemes - Thematic Fund
Plan: Direct
Option: IDCW
ISIN (Growth): INF769K01GW1
ISIN (Div re-invest): INF769K01GY7
Fund code: 148624
First price on record: 14 Dec 2020 · 1,412 daily prices

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.