Kotak Mahindra Mutual Fund
Kotak Banking & Financial Services Fund - Direct Plan - Growth
Sectoral / Thematic
+11.9% 3Y CAGR
Mirae Asset Mutual Fund
Sectoral / Thematic · Direct · Growth
NAV as of 30 Oct 2026 · Source: AMFI
Mirae Asset Banking and Financial Services Fund is a Sectoral / Thematic fund from Mirae Asset Mutual Fund, with NAVs going back to December 2020. This page covers its direct plan, growth option. It manages ₹2,188 crore, the 66th largest of 246 Sectoral / Thematic funds. Its expense ratio is 0.78% a year, lower than the median of 1.15% for Sectoral / Thematic funds.
Over the last three years it returned 11.79% a year, 82nd of 137 Sectoral / Thematic funds (median 12.96%). Over five years it returned 10.56% a year, 54th of 98. It is 2.11 percentage points a year ahead of its benchmark, the Nifty Financial Services TRI, over three years, on AMFI's figures. Its biggest fall from a peak in the last three years was 15.8%, and AMFI's riskometer rates it Very High.
Annualised (CAGR) for periods over a year, calculated from AMFI NAVs up to 30 Oct 2026. Past performance does not guarantee future returns. How we calculate returns
1 Year
-5.18%
3 Years
+11.79%
5 Years
+10.56%
Since launch (14 Dec 2020)
+14.24%
Fund and benchmark returns as published by AMFI for 29 Oct 2026, so both sides use the same date and method. They can differ slightly from the figures above.
| Period | This fund | Benchmark | Difference |
|---|---|---|---|
| 1 Year | -5.37% | -9.62% | +4.25 pts |
| 3 Years | +12.05% | +9.94% | +2.11 pts |
| 5 Years | +10.63% | +6.62% | +4.01 pts |
| Since launch | +14.35% | +10.45% | +3.90 pts |
Measured from this fund's own daily NAVs over the last three years.
Volatility (annualised)
15.8%
How much the NAV typically swings in a year. Higher means a bumpier ride.
Worst fall from a peak
-15.8%
The biggest drop from a high to a later low. A sense of what a bad stretch has looked like.
Daily NAV since 14 Dec 2020.
These come from the fund's monthly factsheet and Scheme Information Document (SID). We don't show them yet, because we can't keep them accurate. Check them on Mirae Asset Mutual Fund's website before you invest.
Funds next to Mirae Asset Banking and Financial Services Fund, in the same category, ranked by 3-year return.
Kotak Mahindra Mutual Fund
Sectoral / Thematic
+11.9% 3Y CAGR
SBI Mutual Fund
Sectoral / Thematic
+11.5% 3Y CAGR
Mirae Asset Banking and Financial Services Fund Direct Growth
Research-only · No transactions