Mutual Funds
Mirae Asset Banking and PSU Fund-Reg(G)
Debt  |   Moderate  |   Debt - Banking and PSU Fund
13.34   -0.01
NAV(₹) as on 30/4/2026 		-0.11%
  1D 		3.53%
  1Y 		6.30%
  3Y 		5.33%
  5Y
Mirae Asset Banking and PSU Fund-Reg(G)
Growth Chart of the Scheme

Scheme Details
Expense Ratio:
0.8 		Launch Date:
24 Jul 2020
Exit Load:
Nil 		AUM:
₹ 43.06 Crs
Lock-in:
Nil 		Investing Style:
NA
Portfolio Price To Book Value:
NA 		Min. Investment:
SIP : ₹ 99.00
Lumpsum : ₹ 5,000.00
Scheme Benchmark:
NA
Fund Manager:
Kruti Chheta

FUND 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.

LATEST ASSET & PORTFOLIO ALLOCATION Others Debt
as on 31/3/2026 10.25 % 89.75 %
TOP HOLDINGS

06.48% GOI 06-Oct-2035
10.06 %

Tri-Party Repo (TREPS)
7.09 %

Export-Import Bank Of India SR-AA02 07.35% (27-Jul-2028)
6.96 %

Canara Bank (03-Jun-2026)
6.88 %

Kotak Mahindra Bank Ltd. (12-Feb-2027)
6.56 %

HDFC Bank Ltd. SR-AB002 7.97% (17-Feb-2033)
4.69 %

Indian Railway Finance Corpn Ltd SR-175 07.57% (18-Apr-2029)
4.65 %

HDFC Bank Ltd. SR-1 06.44% (27-Sep-2028)
4.52 %

National Bank For Agriculture & Rural Development SR-25G 07.48% (15-Sep-2028)
4.17 %

National Bank For Agriculture & Rural Development SR 24H 07.62% (10-May-2029)
3.49 %

See All Holding
ALLOCATION BY MARKET CAP (Equity)

No Data

ALLOCATION BY RATING (Debt & Others)
ALLOCATION BY SECTOR

No Data

PORTFOLIO CHARACTERISTICS (Debt)

Average Maturity

Modified Duration

Yield to Maturity

3.31 (in years)

2.58 (in years)

7.27 %

5 YEAR HISTORY

Financial Year 2021-22 2022-23 2023-24 2024-25 2025-26
NAV (31/3/2026) 10.62 10.99 11.76 12.69 13.29
Net Assets (Rs Crores) 14,403.81 8,749.01 6,034.75 4,703.14 4,305.86
Scheme Returns(%)(Absolute) 3.71 3.48 6.92 7.92 4.26
B'mark Returns(%)(Absolute) NA NA NA NA NA
Category Rank 18/22 17/23 16/24 14/23 20/22
RISKOMETER
Level of Risk in the Scheme

Clients will understand that their principal will be at Moderate risk.

PERFORMANCE COMPARISON WITH SIMILAR SCHEMES

Fund Details Inception Date Aum(₹ Crs) 1Y 3Y 5Y Since Inception
MDB Logo
Bajaj Finserv Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  11.76   +-0.01  
13/11/2023 ₹ 322.54 3.80% - - 6.79%
MDB Logo
Canara Rob Banking and PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  12.45   +-0.02  
22/8/2022 ₹ 185.86 3.85% 6.21% - 6.12%
MDB Logo
Mirae Asset Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  13.34   +-0.01  
24/7/2020 ₹ 43.06 3.53% 6.30% 5.33% 5.12%
MDB Logo
HSBC Banking and PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  25.13   +-0.02  
20/9/2007 ₹ 3,971.89 4.58% 6.46% 5.16% 5.07%
MDB Logo
Edelweiss Banking and PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  25.43   +-0.03  
13/9/2013 ₹ 465.97 3.94% 6.51% 5.81% 7.67%
MDB Logo
DSP Banking & PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  24.74   +-0.03  
14/9/2013 ₹ 3,451.38 3.14% 6.57% 5.59% 7.43%
MDB Logo
ITI Banking & PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Low to Moderate |  13.52   +0.00  
22/10/2020 ₹ 37.74 4.73% 6.58% 5.76% 5.61%
MDB Logo
Bandhan Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Low to Moderate |  25.55   +-0.02  
7/3/2013 ₹ 12,289.21 4.69% 6.59% 5.70% 7.39%
MDB Logo
Invesco India Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  2338.49   +-3.76  
29/12/2012 ₹ 96.51 3.86% 6.59% 5.21% 6.57%
MDB Logo
SBI Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  3227.93   +-1.89  
12/10/2009 ₹ 3,813.28 4.32% 6.61% 5.51% 7.33%