Mirae Asset Banking and Financial Services Fund holds 32 instruments (97.89% equity), led by HDFC Bank Limited (14.44%), ICICI Bank Limited (13.63%) and State Bank of India (8.62%), as of its 30 September 2026 SEBI-mandated monthly disclosure.
This page shows the complete disclosed portfolio of Mirae Asset Banking and Financial Services Fund, managed by Mirae Asset Mutual Fund, based on its monthly portfolio disclosure dated 30 September 2026. The fund holds 32 instruments with an equity allocation of 97.89%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.
Mirae Asset Banking and Financial Services Fund's top 10 holdings account for 65.1% of its portfolio, more concentrated than the Thematic category average of 49.2%. Financial Services is its largest sector exposure at 97.89% of net assets, spread across 1 sector in total. Since its 31 August 2026 disclosure, the fund added 1 new position and exited 0 positions, with HDFC Bank Limited seeing the largest move (+0.98pp to 14.44%).
Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.
Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.
| Stock | Weight | Change |
|---|---|---|
| HDFC Bank Limited | 13.46% → 14.44% | ▲ +0.98 |
| SBI Life Insurance Company Limited | 2.93% → 3.45% | ▲ +0.52 |
| Bajaj Finance Limited | 3.43% → 3.87% | ▲ +0.44 |
| Multi Commodity Exchange of India Limited | 2.55% → 2.97% | ▲ +0.42 |
| Kotak Mahindra Bank Limited | 4.21% → 4.49% | ▲ +0.28 |
| Pine Labs Limited | 1.4% → 1.57% | ▲ +0.17 |
| Axis Bank Limited | 7.86% → 7.96% | ▲ +0.1 |
| Stock | Weight | Change |
|---|---|---|
| The Federal Bank Limited | 2.12% → 1.3% | ▼ -0.82 |
| PB Fintech Limited | 1.51% → 0.92% | ▼ -0.59 |
| ICICI Bank Limited | 13.98% → 13.63% | ▼ -0.35 |
| L&T Finance Limited | 3.04% → 2.69% | ▼ -0.35 |
| State Bank of India | 8.87% → 8.62% | ▼ -0.25 |
| TURTLEMINT FINTECH SOLUTIONS | 0.25% → 0.14% | ▼ -0.11 |
| Shriram Finance Limited | 2.21% → 2.1% | ▼ -0.11 |
% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Apr – Sept 2026).
| # | Holding | Sector | % to NAV |
|---|---|---|---|
| 1 | HDFC Bank Limited | Financial Services | 14.44% |
| 2 | ICICI Bank Limited | Financial Services | 13.63% |
| 3 | State Bank of India | Financial Services | 8.62% |
| 4 | Axis Bank Limited | Financial Services | 7.96% |
| 5 | Kotak Mahindra Bank Limited | Financial Services | 4.49% |
| 6 | Bajaj Finance Limited | Financial Services | 3.87% |
| 7 | SBI Life Insurance Company Limited | Financial Services | 3.45% |
| 8 | Multi Commodity Exchange of India Limited | Financial Services | 2.97% |
| 9 | Kfin Technologies Limited | Financial Services | 2.93% |
| 10 | HDB Financial Services Limited | Financial Services | 2.74% |
| 11 | L&T Finance Limited | Financial Services | 2.69% |
| 12 | Karur Vysya Bank Limited | Financial Services | 2.62% |
| 13 | Aditya Birla Capital Limited | Financial Services | 2.62% |
| 14 | TREPStreps | — | 2.22% |
| 15 | Canara HSBC Life Insurance Company Limited | Financial Services | 2.13% |
| 16 | Shriram Finance Limited | Financial Services | 2.1% |
| 17 | Equitas Small Finance Bank Limited | Financial Services | 2.01% |
| 18 | Crisil Limited | Financial Services | 1.93% |
| 19 | Home First Finance Company India Limited | Financial Services | 1.89% |
| 20 | DCB Bank Limited | Financial Services | 1.75% |
| 21 | Central Depository Services (India) Limited | Financial Services | 1.72% |
| 22 | IndusInd Bank Limited | Financial Services | 1.57% |
| 23 | Pine Labs Limited | Financial Services | 1.57% |
| 24 | BSE Limited | Financial Services | 1.41% |
| 25 | The Federal Bank Limited | Financial Services | 1.3% |
| 26 | CARE Ratings Limited | Financial Services | 1.28% |
| 27 | Go Digit General Insurance Limited | Financial Services | 1.25% |
| 28 | Billionbrains Garage Ventures Limited | Financial Services | 1% |
| 29 | PB Fintech Limited | Financial Services | 0.92% |
| 30 | General Insurance Corporation of India | Financial Services | 0.89% |
| 31 | TURTLEMINT FINTECH SOLUTIONS | Financial Services | 0.14% |
| 32 | Net Receivables / (Payables)other | — | -0.14% |
New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.
Source: Mirae Asset Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 30 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.