What stocks does Mirae Asset Banking and Financial Services Fund hold?

Mirae Asset Banking and Financial Services Fund holds a portfolio of Indian equity stocks disclosed monthly by Mirae Asset Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages Mirae Asset Banking and Financial Services Fund?

Mirae Asset Banking and Financial Services Fund is managed by Mirae Asset Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is Mirae Asset Banking and Financial Services Fund?

Mirae Asset Banking and Financial Services Fund is classified as a Equity mutual fund under SEBI's mutual fund categorisation framework.

How often is Mirae Asset Banking and Financial Services Fund portfolio data updated?

Portfolio holdings for Mirae Asset Banking and Financial Services Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← Mirae Asset Mutual Fund

Mirae Asset Banking and Financial Services Fund

Equity Data as of May 2026 Comparing Apr 2026 → May 2026

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Stocks Held

May 2026

Equity Holdings

₹2,043.90 Cr

Equity only, excl. debt & cash

Top 5 Weight

50.1%

High concentration

Top 10 Weight

65.0%

High concentration

Changes

1 new · 1 exits

Top Sector

Banks

59.4% of portfolio

📋 What Happened This Month Mirae Asset Banking and Financial Services Fund made 1 new addition and exited 1 stock this month. The biggest new buy was Billionbrains Garage Ventures Ltd (Capital Markets) at 1.46% weight. Bank of Baroda was the biggest exit (Banks), which was held at 1.04%. Among existing holdings, Axis Bank Limited saw the biggest increase — now at 8.54% of the portfolio. State Bank of India was trimmed the most, now at 8.86%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 59.4%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

How Has the NAV Performed?

1 year history · Mirae Asset Banking and Financial Services Fund

+4.13%

+9.94%

-0.68%

+5.47%

Latest NAV

₹23.48

24 Jun 2026

52W High

₹24.55

-4% from High

52W Low

₹18.31

+28% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+21.0%

2024

+13.3%

2023

+22.8%

2022

+14.8%

2021

+19.3%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

16.6%

+ve in 96% windows

39.3% / -7.4%

3Y Rolling Avg

18.3% p.a.

+ve in 100% windows

27.1% / 11.9%

5Y Rolling Avg

15.9% p.a.

+ve in 100% windows

19.6% / 11.5%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-12.0%

Rec: Apr 2025 (2 mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

-17.2%

Rec: Aug 2022 (3 mo)

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

0.66

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.95

Penalises downside volatility only.

Std Deviation (3Y)

15.4%

Lower = more consistent returns.

NAV Chart ₹23.48 24 Jun 2026

Simple Moving Avg: Click to draw · click again to remove

Mirae Asset Banking and Financial Services Fund

Chart shows indexed performance (base = 100). Actual NAV: ₹23.48

Sector Shift Industry allocation month-over-month

Earlier shift unavailable

Needs 3 months of holdings data.

Apr 2026 → May 2026

Sector	Prev	Curr ▼	Delta
Banks	61.2%	59.4%	▼ -1.8%
Finance	17.8%	18.1%	▲ +0.4%
Insurance	7.9%	8.0%	● +0.0%
Capital Markets	7.3%	7.4%	▲ +0.2%
Financial Technology (Fintech)	2.5%	2.3%	▼ -0.2%

🟢

Biggest New Buy

Billionbrains Garage Ventures Ltd

1.46% weight · Capital Markets

🔴

Biggest Exit

Bank of Baroda

1.04% was held · Banks

↑

Biggest Add

Axis Bank Limited

+0.22% · now 8.54%

↓

Biggest Trim

State Bank of India

-0.84% · now 8.86%

🤝 Other funds also bought this month

Billionbrains Garage Ventures Ltd 66 funds

👋 Other funds also exited

Bank of Baroda 21 funds

What Changed in the Portfolio This Month?

Comparing Apr 2026 → May 2026

Apr 2026 → May 2026

🟢 1 New Entry 🔴 1 Exit ↑ 15 Increased ↓ 16 Decreased

#	Stock	Sector	Weight (May 2026)
1	Billionbrains Garage Ventures Ltd ₹31.43 Cr	Capital Markets	1.46%

#	Stock	Sector	Last Weight (Apr 2026)
1	Bank of Baroda ₹22.51 Cr	Banks	1.04%

#	Stock	Sector	Apr 2026	May 2026	Change
1	Axis Bank Limited ₹183.41 Cr	Banks	8.32%	8.54%	+0.22%
2	Home First Finance Company India Limited ₹34.57 Cr	Finance	1.41%	1.61%	+0.20%
3	Aditya Birla Capital Limited ₹61.56 Cr	Finance	2.69%	2.87%	+0.18%
4	ICICI Bank Limited ₹284.58 Cr	Banks	13.16%	13.26%	+0.10%
5	L&T Finance Limited ₹56.74 Cr	Finance	2.55%	2.64%	+0.09%
6	Equitas Small Finance Bank Limited ₹32.49 Cr	Banks	1.42%	1.51%	+0.09%
7	SBI Life Insurance Company Limited ₹72.52 Cr	Insurance	3.32%	3.38%	+0.06%
8	The Federal Bank Limited ₹61.37 Cr	Banks	2.80%	2.86%	+0.06%
9	Kotak Mahindra Bank Limited ₹83.18 Cr	Banks	3.82%	3.87%	+0.05%
10	HDB Financial Services Limited ₹42.56 Cr	Finance	1.93%	1.98%	+0.05%
11	PB Fintech Limited ₹34.84 Cr	Financial Technology (Fintech)	1.57%	1.62%	+0.05%
12	Shriram Finance Limited ₹44.54 Cr	Finance	2.03%	2.07%	+0.04%
13	IndusInd Bank Limited ₹21.80 Cr	Banks	1.00%	1.02%	+0.02%
14	Go Digit General Insurance Limited ₹32.33 Cr	Insurance	1.50%	1.51%	+0.01%
15	Cholamandalam Financial Holdings Limited ₹7.59 Cr	Finance	0.34%	0.35%	+0.01%

#	Stock	Sector	Apr 2026	May 2026	Change
1	State Bank of India ₹190.27 Cr	Banks	9.70%	8.86%	-0.84%
2	Multi Commodity Exchange of India Limited ₹27.35 Cr	Capital Markets	1.90%	1.27%	-0.63%
3	BSE Limited ₹8.29 Cr	Capital Markets	1.00%	0.39%	-0.61%
4	HDFC Bank Limited ₹333.07 Cr	Banks	15.88%	15.52%	-0.36%
5	Pine Labs Limited ₹14.60 Cr	Financial Technology (Fintech)	0.90%	0.68%	-0.22%
6	DCB Bank Limited ₹33.16 Cr	Banks	1.62%	1.54%	-0.08%
7	CRISIL Limited ₹20.53 Cr	Finance	1.03%	0.96%	-0.07%
8	Bajaj Finance Limited ₹69.53 Cr	Finance	3.30%	3.24%	-0.06%
9	Power Finance Corporation Limited ₹30.09 Cr	Finance	1.45%	1.40%	-0.05%
10	Credit Analysis And Research Ltd. ₹28.21 Cr	Capital Markets	1.34%	1.31%	-0.03%
11	Canara HSBC Life Insurance Co Ltd ₹43.56 Cr	Insurance	2.05%	2.03%	-0.02%
12	General Insurance Corporation of India ₹22.42 Cr	Insurance	1.06%	1.04%	-0.02%
13	Karur Vysya Bank Limited ₹51.25 Cr	Banks	2.40%	2.39%	-0.01%
14	KFin Technologies Limited ₹33.13 Cr	Capital Markets	1.55%	1.54%	-0.01%
15	Central Depository Services (India) Limited ₹31.05 Cr	Capital Markets	1.46%	1.45%	-0.01%
16	Aadhar Housing Finance Limited ₹21.88 Cr	Finance	1.03%	1.02%	-0.01%

What Stocks Does This Fund Hold?

32 stocks — May 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹333.07 Cr	Banks	15.52%
2	ICICI Bank Limited ₹284.58 Cr	Banks	13.26%
3	State Bank of India ₹190.27 Cr	Banks	8.86%
4	Axis Bank Limited ₹183.41 Cr	Banks	8.54%
5	Kotak Mahindra Bank Limited ₹83.18 Cr	Banks	3.87%
6	SBI Life Insurance Company Limited ₹72.52 Cr	Insurance	3.38%
7	Bajaj Finance Limited ₹69.53 Cr	Finance	3.24%
8	Aditya Birla Capital Limited ₹61.56 Cr	Finance	2.87%
9	The Federal Bank Limited ₹61.37 Cr	Banks	2.86%
10	L&T Finance Limited ₹56.74 Cr	Finance	2.64%
11	Karur Vysya Bank Limited ₹51.25 Cr	Banks	2.39%
12	Shriram Finance Limited ₹44.54 Cr	Finance	2.07%
13	Canara HSBC Life Insurance Co Ltd ₹43.56 Cr	Insurance	2.03%
14	HDB Financial Services Limited ₹42.56 Cr	Finance	1.98%
15	PB Fintech Limited ₹34.84 Cr	Financial Technology (Fintech)	1.62%
16	Home First Finance Company India Limited ₹34.57 Cr	Finance	1.61%
17	DCB Bank Limited ₹33.16 Cr	Banks	1.54%
18	KFin Technologies Limited ₹33.13 Cr	Capital Markets	1.54%
19	Equitas Small Finance Bank Limited ₹32.49 Cr	Banks	1.51%
20	Go Digit General Insurance Limited ₹32.33 Cr	Insurance	1.51%
21	Billionbrains Garage Ventures Ltd ₹31.43 Cr	Capital Markets	1.46%
22	Central Depository Services (India) Limited ₹31.05 Cr	Capital Markets	1.45%
23	Power Finance Corporation Limited ₹30.09 Cr	Finance	1.40%
24	Credit Analysis And Research Ltd. ₹28.21 Cr	Capital Markets	1.31%
25	Multi Commodity Exchange of India Limited ₹27.35 Cr	Capital Markets	1.27%
26	General Insurance Corporation of India ₹22.42 Cr	Insurance	1.04%
27	Aadhar Housing Finance Limited ₹21.88 Cr	Finance	1.02%
28	IndusInd Bank Limited ₹21.80 Cr	Banks	1.02%
29	CRISIL Limited ₹20.53 Cr	Finance	0.96%
30	Pine Labs Limited ₹14.60 Cr	Financial Technology (Fintech)	0.68%
31	BSE Limited ₹8.29 Cr	Capital Markets	0.39%
32	Cholamandalam Financial Holdings Limited ₹7.59 Cr	Finance	0.35%