MonitorDirect · Growth
Mirae Asset Banking and Financial Services Fund
Mirae Asset Mutual FundEquity Schemes - Thematic Fund5.8 years
- NAV
- 22.885
- 15 Sept 2026
- 1Y
- +4.2%
- Trailing CAGR
- AUM
- ₹2,356.52 Cr
- 31 Aug 2026
- Volatility
- High
- 16.9% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+4.2%
- 3Y+11.4%
- 5Y+12.4%
- 10Yn/a
- SI+15.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-1.9%
- 3Y+8.5%
- 5Y+12.7%
- 10Yn/a
- Since inception
- +15.4%
- Calendar-day CAGR
- Excess 1Y
- -0.1%
- Category median, same plan and option
- 3Y win rate
- +19%
- Windows beating the median
- 3Y percentile
- 35
- Vs comparable share classes
- Worst rolling 3Y
- +11.4%
- 678 daily-ending windows
- Median rolling 3Y
- +17.6%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 186 daily-ending windows
- SIP 3Y XIRR
- +8.5%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 11 days
- 70 recovered episodes
- Longest recovery
- 148 days
- Trough to prior peak
- Current spell
- 209 days
- Days below latest peak
- Time below peak
- +88%
- NAV observations
26 Oct 2021 – 11 Nov 2022
Trough 16 Jun 2022 · recovered in 148 days
-21.0%
18 Feb 2026 – open
Trough 30 Mar 2026 · not recovered
-15.8%
15 Feb 2021 – 7 Jul 2021
Trough 12 Apr 2021 · recovered in 86 days
-14.0%
26 Sept 2024 – 17 Apr 2025
Trough 3 Mar 2025 · recovered in 45 days
-12.5%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
35
Vs category
49
Consistency
33
Risk-adjusted
57
Drawdown
47
Mean
44
Portfolio
31 Aug 2026 · 30 holdings · top 10 are 64.8%.
- Top 5
- 48.4%
- Top 10
- 64.8%
- Largest holding
- 14.0%
- Effective holdings
- 15.2
ICICI Bank Ltd
Financial
14.0%
HDFC Bank Ltd
Financial
13.5%
State Bank of India
Financial
8.9%
Axis Bank Ltd
Financial
7.9%
Kotak Mahindra Bank Ltd
Financial
4.2%
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 Sept 2026
Monitor
Engine status
Monitor
Recent evidence
Why this status
No status reasons yet. History is still thin.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
HSBC India Export Opportunities Fund
HSBC Mutual Fund
- 1Y
- +18.3%
- 3Y
- n/a
- Vol
- 15.9%
- Max DD
- -20.5%
- Sharpe
- 0.29
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
WhiteOak Capital Special Opportunities Fund
WhiteOak Capital Mutual Fund
- 1Y
- +11.4%
- 3Y
- n/a
- Vol
- 14.7%
- Max DD
- -17.0%
- Sharpe
- 0.82
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
360 ONE QUANT FUND
360 ONE Mutual Fund
- 1Y
- -5.1%
- 3Y
- +14.0%
- Vol
- 16.6%
- Max DD
- -22.4%
- Sharpe
- 0.65
- 3Y win
- +94%
- Lower volatility
- Higher win rate vs category
- Higher trailing returns
Caveat: Deeper drawdown · Higher TER
DSP Business Cycle Fund
DSP Mutual Fund
- 1Y
- 0.0%
- 3Y
- n/a
- Vol
- 13.8%
- Max DD
- -14.8%
- Sharpe
- -0.24
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
HSBC Financial Services fund
HSBC Mutual Fund
- 1Y
- +10.1%
- 3Y
- n/a
- Vol
- 16.9%
- Max DD
- -14.8%
- Sharpe
- 0.68
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns