Mirae Asset Banking and PSU Fund Direct Growth
Mirae Asset Investment Managers (India) Private Limited · Direct Plan · Growth
Fund overview
Nil
Returns & rankings
| Period | Fund Returns | Category Avg. | Rank | VS Category |
|---|---|---|---|---|
| … | ||||
Green = fund outperformed the category average for that period; red = underperformed. Periods under 1 year always show absolute (non-annualised) returns. Past performance does not guarantee future returns.
Return calculator
One-time investment
₹5,000
| Over the past | Total investment | Would've become | Returns |
|---|---|---|---|
| 1 Year | ₹5,000 | ₹5,276 | +276 |
| 3 Years | ₹5,000 | ₹5,875 | +875 |
| 5 Years | ₹5,000 | ₹6,542 | +1,542 |
Calculated using the fund's annualised return since inception (5.5% p.a.) as period-wise historical returns aren't available in the current feed. Actual returns fluctuate and are not guaranteed. Mutual fund investments are subject to market risks.
Holdings
25 securitiesTop 10 holdings make up 52.7% of the portfolio.
| Security | Sector | Market Cap | Weight |
|---|---|---|---|
| TREPS | Cash/Deposits/Margins/Treps/Repo/Swaps | — | 11.63% |
| Kotak Mahindra Bank Ltd. (MD 12/02/2027) | Banks | — | 7.54% |
| 7.57% Indian Railway Finance Corporation Ltd. (MD 18/04/2029) | Finance | — | 5.14% |
| 7.48% National Bank for Agriculture and Rural Development (MD 15/09/2028) | Banks | — | 5.12% |
| 6.94% Government of India (MD 11/05/2036) | Govt-Sec | — | 5.06% |
| 7.23% Export-Import Bank of India (MD 18/03/2031) | Banks | — | 5.06% |
| Punjab National Bank (MD 05/02/2027) | Banks | — | 5.03% |
| 7.80% HDFC Bank Ltd. (MD 03/05/2033) | Banks | — | 4.32% |
| 7.62% National Bank for Agriculture and Rural Development (MD 10/05/2029) | Banks | — | 3.84% |
| 7.47% Small Industries Development Bank of India (MD 05/09/2029) | Banks | — | 3.82% |
Portfolio Allocation
Equity / Debt / Cash
Total Value
₹39 Cr
Debt sector allocation
Total Value
₹33 Cr
Allocation By Credit Quality (Debt)
Exit load, stamp duty & tax
24-Jul-20
Nil
0.005% (from July 1st, 2020)
Taxation depends on the fund category and holding period. Consult the scheme document or a tax advisor for details.
Risk & Performance Ratios (1Y)
| Standard Deviation | 0.85% |
| Beta | 1.40 |
| Sharpe Ratio | -0.01 |
| Sortino Ratio | -0.19 |
| Treynor Ratio | 0.00 |
| Jensen's Alpha | -0.44 |
| Information Ratio | -0.26 |
| R-Squared | 92.08% |
| Max Drawdown | 0.00% |
| Upside Capture | 95.26% |
| Downside Capture | -- |
Fund management
Scheme Details
Investment objective
The Investment Objective Of The Scheme Is To Generate Income / Capital Appreciation Through Predominantly Investing In Debt And Money Market Instruments Issued By Banks, Public Sector Undertakings (Psus) And Public Financial Institutions (Pfis) And Municipal Bonds.
Fund house
Mirae Asset Investment Managers (India) Private Limited
Frequently asked questions
What is the NAV of Mirae Asset Banking and PSU Fund Direct Growth?
The NAV of Mirae Asset Banking and PSU Fund Direct Growth is ₹13.99 as of 21 Oct 2026. NAV is updated at the end of every trading day.
How much expense ratio is charged by Mirae Asset Banking and PSU Fund Direct Growth?
The expense ratio charged by Mirae Asset Banking and PSU Fund Direct Growth is 0.37%.
What is the Min. SIP of Mirae Asset Banking and PSU Fund Direct Growth?
The minimum SIP investment in Mirae Asset Banking and PSU Fund Direct Growth is ₹99 per month.
What is the Min. Lumpsum of Mirae Asset Banking and PSU Fund Direct Growth?
The minimum lumpsum investment in Mirae Asset Banking and PSU Fund Direct Growth is ₹5,000.
What is the Exit Load of Mirae Asset Banking and PSU Fund Direct Growth?
Mirae Asset Banking and PSU Fund Direct Growth does not charge an exit load.
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