Compare Mutual Funds

Insights from Fund Comparison

• Both ICICI Pru Infrastructure Fund - (IDCW) and Mirae Asset Banking&Financial Services Fund-Dir(IDCW) are Sectoral / Thematic, Equity schemes. ICICI Pru Infrastructure Fund - (IDCW) is 20 yrs 8 m old and manages ₹8,097.89 Crs, whereas Mirae Asset Banking&Financial Services Fund-Dir(IDCW) is 5 yrs 4 m old with ₹2,272.13 Crs.
• ICICI Pru Infrastructure Fund - (IDCW) is therefore older and larger, which may indicate more experience and investor confidence.
• ICICI Pru Infrastructure Fund - (IDCW) has its top 3 sectors in Infrastructure Developers & Operators (17.78%), Air Transport Service (8.29%), and Banks (7.40%), while Mirae Asset Banking&Financial Services Fund-Dir(IDCW) focuses on Banks (63.56%), Finance (16.78%), and Insurance (7.92%).
• The funds share exposure to Banks, but differ in the rest, which means they will partially move together but may diverge depending on how the unique sectors perform.
• ICICI Pru Infrastructure Fund - (IDCW) holds Interglobe Aviation Ltd. (8.29%), Larsen & Toubro Ltd. (7.43%), TREPS (6.05%), NTPC Ltd. (4.40%), and Oberoi Realty Ltd. (3.82%), whereas Mirae Asset Banking&Financial Services Fund-Dir(IDCW) holds HDFC Bank Ltd. (16.50%), ICICI Bank Ltd. (13.75%), State Bank of India (10.43%), Axis Bank Ltd. (8.38%), and TREPS (5.17%).
• The funds share exposure to TREPS, which makes their performance partly correlated. However, the unique holdings like Interglobe Aviation Ltd. in ICICI Pru Infrastructure Fund - (IDCW) and HDFC Bank Ltd. in Mirae Asset Banking&Financial Services Fund-Dir(IDCW) can create divergence depending on how these stocks perform.
• In terms of risk profile, ICICI Pru Infrastructure Fund - (IDCW) has 91.69% equity and 1.12% debt, while Mirae Asset Banking&Financial Services Fund-Dir(IDCW) has 95.06% equity and 0.00% debt.
• Mirae Asset Banking&Financial Services Fund-Dir(IDCW) is more aggressive with higher equity allocation, which could lead to higher returns but more volatility.
• ICICI Pru Infrastructure Fund - (IDCW) outperformed Mirae Asset Banking&Financial Services Fund-Dir(IDCW) in 3 Months, 6 Months, 3 Years, 5 Years (returns: -9.55%, -6.70%, 21.57%, 23.97% ) but underperformed in 1 Year (returns: 2.07%). This mixed performance indicates strength in certain market cycles while highlighting periods of relative weakness, suggesting selective timing or careful monitoring may be needed.