Mutual Funds
Mirae Asset Banking and PSU Fund-Reg(G)
Debt  |   Moderate  |   Debt - Banking and PSU Fund
13.22   +0.01
NAV(₹) as on 3/11/2025 		0.05%
  1D 		7.64%
  1Y 		7.28%
  3Y 		5.52%
  5Y
Mirae Asset Banking and PSU Fund-Reg(G)
Growth Chart of the Scheme

Scheme Details
Expense Ratio:
0.81 		Launch Date:
24 Jul 2020
Exit Load:
Nil 		AUM:
₹ 46.0 Crs
Lock-in:
Nil 		Investing Style:
NA
Portfolio Price To Book Value:
NA 		Min. Investment:
SIP : ₹ 99.0
Lumpsum : ₹ 5,000.0
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 30/9/2025 10.30 % 89.70 %
TOP HOLDINGS

06.79% GOI - 07-Oct-2034
7.79 %

Export-Import Bank Of India SR-AA02 07.35% (27-Jul-2028)
6.64 %

National Housing Bank 07.59% (14-Jul-2027)
6.62 %

Tri-Party Repo (TREPS)
6.54 %

06.33% GOI - 05-May-2035
6.41 %

HDFC Bank Ltd. SR-AB002 7.97% (17-Feb-2033)
4.51 %

Indian Railway Finance Corpn Ltd SR-175 07.57% (18-Apr-2029)
4.45 %

HDFC Bank Ltd. SR-1 06.44% (27-Sep-2028)
4.30 %

National Bank For Agriculture & Rural Development SR-25G 07.48% (15-Sep-2028)
3.98 %

National Bank For Agriculture & Rural Development SR 24H 07.62% (10-May-2029)
3.33 %

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

4.19 (in years)

3.24 (in years)

6.68 %

5 YEAR HISTORY

Financial Year 2020-21 2021-22 2022-23 2023-24 2024-25
NAV (31/3/2025) 10.22 10.62 10.99 11.76 12.69
Net Assets (Rs Crores) 23,525.64 14,403.81 8,749.01 6,034.75 4,703.14
Scheme Returns(%)(Absolute) 2.22 3.71 3.48 6.92 7.92
B'mark Returns(%)(Absolute) NA NA NA NA NA
Category Rank 20/23 18/22 17/23 16/24 14/23
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 |  11.66   +0.01  
13/11/2023 ₹ 292.77 7.91% - - 8.10%
MDB Logo
Canara Rob Banking and PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  12.32   +0.01  
22/8/2022 ₹ 199.9 7.20% 7.09% - 6.73%
MDB Logo
ITI Banking & PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Low to Moderate |  13.29   +0.00  
22/10/2020 ₹ 36.34 7.42% 7.12% 5.84% 5.82%
MDB Logo
TRUSTMF Banking & PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  1297.05   +0.45  
1/2/2021 ₹ 129.34 7.63% 7.26% - 5.62%
MDB Logo
Mirae Asset Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  13.22   +0.01  
24/7/2020 ₹ 46.0 7.64% 7.28% 5.52% 5.43%
MDB Logo
Bandhan Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  25.12   +0.02  
7/3/2013 ₹ 13,081.9 7.57% 7.29% 5.77% 7.54%
MDB Logo
HSBC Banking and PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  24.82   +0.02  
20/9/2007 ₹ 4,424.78 8.03% 7.35% 5.30% 5.14%
MDB Logo
Axis Banking & PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  2695.55   +1.71  
12/6/2012 ₹ 13,055.74 7.98% 7.38% 5.82% 7.67%
MDB Logo
LIC MF Banking & PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  35.58   +0.04  
31/5/2007 ₹ 1,909.36 7.94% 7.46% 5.54% 7.12%
MDB Logo
SBI Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  3189.04   +1.58  
12/10/2009 ₹ 4,073.05 8.00% 7.48% 5.56% 7.48%