Mutual Funds
Mirae Asset Banking and PSU Fund-Reg(G)
Debt  |   Moderate  |   Debt - Banking and PSU Fund
13.04   -0.01
NAV(₹) as on 29/8/2025 		-0.09%
  1D 		7.53%
  1Y 		6.93%
  3Y 		5.58%
  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:
₹ 47.99 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 31/7/2025 9.70 % 90.30 %
TOP HOLDINGS

06.79% GOI - 07-Oct-2034
15.06 %

National Housing Bank 07.59% (14-Jul-2027)
6.37 %

Mahanagar Telephone Nigam Ltd. SRVI-2020 06.85% (20-Dec-30)
6.03 %

Tri-Party Repo (TREPS)
5.53 %

Indian Railway Finance Corpn Ltd SR-175 07.57% (18-Apr-2029)
4.29 %

Export-Import Bank Of India SR-AA02 07.35% (27-Jul-2028)
4.26 %

State Bank of India SR-II 06.24% (21-Sep-2030)
4.17 %

HDFC Bank Ltd. SR-1 06.44% (27-Sep-2028)
4.12 %

National Bank For Agriculture & Rural Development SR-24-E 07.80% (15-Mar-2027)
3.82 %

Net Current Asset
3.61 %

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

4.01 (in years)

3.11 (in years)

6.55 %

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 |  11.49   +-0.01  
13/11/2023 ₹ 149.22 7.83% - - 8.03%
MDB Logo
Canara Rob Banking and PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  12.15   +-0.01  
22/8/2022 ₹ 227.67 7.17% 6.62% - 6.66%
MDB Logo
HSBC Banking and PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  24.47   +-0.02  
20/9/2007 ₹ 4,675.91 7.86% 6.81% 5.37% 5.11%
MDB Logo
TRUSTMF Banking & PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  1279.68   +-0.93  
1/2/2021 ₹ 149.64 7.69% 6.90% - 5.54%
MDB Logo
ITI Banking & PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Low to Moderate |  13.14   +-0.01  
22/10/2020 ₹ 42.49 7.52% 6.93% - 5.78%
MDB Logo
Mirae Asset Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  13.04   +-0.01  
24/7/2020 ₹ 47.99 7.53% 6.93% 5.58% 5.34%
MDB Logo
Baroda BNP Paribas Banking and PSU Bond Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  12.73   +0.00  
17/12/2020 ₹ 26.94 7.91% 6.98% - 5.27%
MDB Logo
Axis Banking & PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  2658.60   +-1.85  
12/6/2012 ₹ 13,286.45 7.97% 7.01% 5.85% 7.67%
MDB Logo
LIC MF Banking & PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  35.07   +-0.03  
31/5/2007 ₹ 1,851.38 7.96% 7.05% 5.55% 7.11%
MDB Logo
Bandhan Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  24.79   +-0.02  
7/3/2013 ₹ 13,392.39 7.57% 7.07% 5.87% 7.54%