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 Jun 2026 Comparing May 2026 → Jun 2026

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Stocks Held

Jun 2026

Equity Holdings

₹2,247.60 Cr

Equity only, excl. debt & cash

Top 5 Weight

50.8%

High concentration

Top 10 Weight

66.3%

High concentration

Changes

0 new · 0 exits

Top Sector

Banks

60.1% of portfolio

📋 What Happened This Month Among existing holdings, Kotak Mahindra Bank Limited saw the biggest increase — now at 4.71% of the portfolio. SBI Life Insurance Company Limited was trimmed the most, now at 3.04%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 60.1%. ↓ 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

+2.81%

+2.63%

-0.80%

+4.91%

Latest NAV

₹23.62

14 Jul 2026

52W High

₹24.55

-4% from High

52W Low

₹18.31

+29% 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

16.4%

+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)

0.67

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.95

Penalises downside volatility only.

Std Deviation (3Y)

15.5%

Lower = more consistent returns.

NAV Chart ₹23.62 14 Jul 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: ₹23.62

Sector Shift Industry allocation month-over-month

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%

May 2026 → Jun 2026

Sector	Prev	Curr ▼	Delta
Banks	59.4%	60.1%	▲ +0.8%
Finance	18.1%	19.8%	▲ +1.7%
Capital Markets	7.4%	7.4%	● 0.0%
Insurance	8.0%	7.4%	▼ -0.6%
Financial Technology (Fintech)	2.3%	2.8%	▲ +0.5%

↑

Biggest Add

Kotak Mahindra Bank Limited

+0.84% · now 4.71%

↓

Biggest Trim

SBI Life Insurance Company Limited

-0.34% · now 3.04%

What Changed in the Portfolio This Month?

Comparing May 2026 → Jun 2026

May 2026 → Jun 2026

↑ 14 Increased ↓ 17 Decreased

#	Stock	Sector	May 2026	Jun 2026	Change
1	Kotak Mahindra Bank Limited ₹108.46 Cr	Banks	3.87%	4.71%	+0.84%
2	Pine Labs Limited ₹31.51 Cr	Financial Technology (Fintech)	0.68%	1.37%	+0.69%
3	HDB Financial Services Limited ₹57.75 Cr	Finance	1.98%	2.51%	+0.53%
4	L&T Finance Limited ₹69.29 Cr	Finance	2.64%	3.01%	+0.37%
5	CRISIL Limited ₹28.80 Cr	Finance	0.96%	1.25%	+0.29%
6	ICICI Bank Limited ₹311.49 Cr	Banks	13.26%	13.51%	+0.25%
7	Central Depository Services (India) Limited ₹39.10 Cr	Capital Markets	1.45%	1.70%	+0.25%
8	Home First Finance Company India Limited ₹42.72 Cr	Finance	1.61%	1.85%	+0.24%
9	Aditya Birla Capital Limited ₹71.12 Cr	Finance	2.87%	3.09%	+0.22%
10	The Federal Bank Limited ₹70.10 Cr	Banks	2.86%	3.04%	+0.18%
11	Bajaj Finance Limited ₹76.91 Cr	Finance	3.24%	3.34%	+0.10%
12	Shriram Finance Limited ₹49.01 Cr	Finance	2.07%	2.13%	+0.06%
13	Billionbrains Garage Ventures Ltd ₹34.35 Cr	Capital Markets	1.46%	1.49%	+0.03%
14	Aadhar Housing Finance Limited ₹23.64 Cr	Finance	1.02%	1.03%	+0.01%

#	Stock	Sector	May 2026	Jun 2026	Change
1	SBI Life Insurance Company Limited ₹69.97 Cr	Insurance	3.38%	3.04%	-0.34%
2	Axis Bank Limited ₹191.84 Cr	Banks	8.54%	8.32%	-0.22%
3	PB Fintech Limited ₹33.33 Cr	Financial Technology (Fintech)	1.62%	1.45%	-0.17%
4	Multi Commodity Exchange of India Limited ₹26.27 Cr	Capital Markets	1.27%	1.14%	-0.13%
5	Canara HSBC Life Insurance Co Ltd ₹44.13 Cr	Insurance	2.03%	1.91%	-0.12%
6	Karur Vysya Bank Limited ₹52.55 Cr	Banks	2.39%	2.28%	-0.11%
7	Power Finance Corporation Limited ₹29.78 Cr	Finance	1.40%	1.29%	-0.11%
8	General Insurance Corporation of India ₹21.38 Cr	Insurance	1.04%	0.93%	-0.11%
9	State Bank of India ₹202.60 Cr	Banks	8.86%	8.79%	-0.07%
10	KFin Technologies Limited ₹33.98 Cr	Capital Markets	1.54%	1.47%	-0.07%
11	Credit Analysis And Research Ltd. ₹28.77 Cr	Capital Markets	1.31%	1.25%	-0.06%
12	IndusInd Bank Limited ₹22.04 Cr	Banks	1.02%	0.96%	-0.06%
13	BSE Limited ₹7.73 Cr	Capital Markets	0.39%	0.34%	-0.05%
14	HDFC Bank Limited ₹356.96 Cr	Banks	15.52%	15.49%	-0.03%
15	Go Digit General Insurance Limited ₹34.16 Cr	Insurance	1.51%	1.48%	-0.03%
16	DCB Bank Limited ₹35.02 Cr	Banks	1.54%	1.52%	-0.02%
17	Cholamandalam Financial Holdings Limited ₹7.95 Cr	Finance	0.35%	0.34%	-0.01%

What Stocks Does This Fund Hold?

32 stocks — Jun 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹356.96 Cr	Banks	15.49%
2	ICICI Bank Limited ₹311.49 Cr	Banks	13.51%
3	State Bank of India ₹202.60 Cr	Banks	8.79%
4	Axis Bank Limited ₹191.84 Cr	Banks	8.32%
5	Kotak Mahindra Bank Limited ₹108.46 Cr	Banks	4.71%
6	Bajaj Finance Limited ₹76.91 Cr	Finance	3.34%
7	Aditya Birla Capital Limited ₹71.12 Cr	Finance	3.09%
8	The Federal Bank Limited ₹70.10 Cr	Banks	3.04%
9	SBI Life Insurance Company Limited ₹69.97 Cr	Insurance	3.04%
10	L&T Finance Limited ₹69.29 Cr	Finance	3.01%
11	HDB Financial Services Limited ₹57.75 Cr	Finance	2.51%
12	Karur Vysya Bank Limited ₹52.55 Cr	Banks	2.28%
13	Shriram Finance Limited ₹49.01 Cr	Finance	2.13%
14	Canara HSBC Life Insurance Co Ltd ₹44.13 Cr	Insurance	1.91%
15	Home First Finance Company India Limited ₹42.72 Cr	Finance	1.85%
16	Central Depository Services (India) Limited ₹39.10 Cr	Capital Markets	1.70%
17	DCB Bank Limited ₹35.02 Cr	Banks	1.52%
18	Equitas Small Finance Bank Limited ₹34.89 Cr	Banks	1.51%
19	Billionbrains Garage Ventures Ltd ₹34.35 Cr	Capital Markets	1.49%
20	Go Digit General Insurance Limited ₹34.16 Cr	Insurance	1.48%
21	KFin Technologies Limited ₹33.98 Cr	Capital Markets	1.47%
22	PB Fintech Limited ₹33.33 Cr	Financial Technology (Fintech)	1.45%
23	Pine Labs Limited ₹31.51 Cr	Financial Technology (Fintech)	1.37%
24	Power Finance Corporation Limited ₹29.78 Cr	Finance	1.29%
25	CRISIL Limited ₹28.80 Cr	Finance	1.25%
26	Credit Analysis And Research Ltd. ₹28.77 Cr	Capital Markets	1.25%
27	Multi Commodity Exchange of India Limited ₹26.27 Cr	Capital Markets	1.14%
28	Aadhar Housing Finance Limited ₹23.64 Cr	Finance	1.03%
29	IndusInd Bank Limited ₹22.04 Cr	Banks	0.96%
30	General Insurance Corporation of India ₹21.38 Cr	Insurance	0.93%
31	Cholamandalam Financial Holdings Limited ₹7.95 Cr	Finance	0.34%
32	BSE Limited ₹7.73 Cr	Capital Markets	0.34%