Mutual Funds

Mirae Asset Banking and PSU Fund-Reg(G)
Debt | Moderate | Debt - Banking and PSU Fund

11.8 +0.01
NAV(₹) as on 3/5/2024

0.05%
1D

6.13%
1Y

4.66%
3Y

-
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: ₹ 60.35 Crs
Lock-in: Nil	Investing Style: NA
Portfolio Price To Book Value: NA	Min. Investment: SIP : ₹ 1,000.0 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 31/3/2024		5.09 %		94.91 %

TOP HOLDINGS

Tri-Party Repo (TREP - Cash

2.59 %

Net Current Asset - Cash

2.10 %

Corporate Debt Marke - Unrated

0.40 %

See All Holding

ALLOCATION BY MARKET CAP

No Data

ALLOCATION BY SECTOR

No Data

5 YEAR HISTORY

Financial Year	2020-21	2021-22	2022-23	2023-24
NAV (31/3/2024)	10.22	10.62	10.99	11.76
Net Assets (Rs Crores)	23,525.64	14,403.81	8,749.01	6,034.75
Scheme Returns(%)(Absolute)	2.22	3.71	3.48	6.92
B'mark Returns(%)(Absolute)	NA	NA	NA	NA
Category Rank	20/23	18/22	17/23	16/24

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
Canara Rob Banking and PSU Debt Fund-Reg(G) Debt - Banking and PSU Fund \| Moderate \| 11.04 +0.01	22/8/2022	₹ 40,531.95	6.13%	-	-	6.00%
Bajaj Finserv Banking and PSU Fund-Reg(G) Debt - Banking and PSU Fund \| Moderate \| 10.35 +0.01	13/11/2023	₹ 10,028.04	-	-	-	7.38%
HSBC Banking and PSU Debt Fund-Reg(G) Debt - Banking and PSU Fund \| Low to Moderate \| 22.14 +0.01	20/9/2007	₹ 4,64,965.77	6.14%	4.23%	6.30%	4.89%
Invesco India Banking and PSU Fund(G) Debt - Banking and PSU Fund \| Moderate \| 2057.03 +1.31	29/12/2012	₹ 12,277.95	6.39%	4.24%	5.85%	6.56%
Baroda BNP Paribas Banking and PSU Bond Fund-Reg(G) Debt - Banking and PSU Fund \| Moderate \| 11.46 +0.00	17/12/2020	₹ 2,886.23	5.89%	4.33%	-	4.13%
TRUSTMF Banking & PSU Fund-Reg(G) Debt - Banking and PSU Fund \| Low to Moderate \| 1158.50 +0.50	1/2/2021	₹ 26,187.97	6.64%	4.60%	-	4.63%
SBI Banking and PSU Fund-Reg(G) Debt - Banking and PSU Fund \| Moderate \| 2832.42 +1.92	12/10/2009	₹ 4,32,062.83	6.18%	4.66%	6.38%	7.40%
Mirae Asset Banking and PSU Fund-Reg(G) Debt - Banking and PSU Fund \| Moderate \| 11.80 +0.01	24/7/2020	₹ 6,034.75	6.13%	4.66%	-	4.47%
LIC MF Banking & PSU Debt Fund(G) Debt - Banking and PSU Fund \| Moderate \| 31.61 +0.01	31/5/2007	₹ 1,36,271.04	6.17%	4.66%	5.99%	7.03%
Sundaram Banking & PSU Fund(G) Debt - Banking and PSU Fund \| Moderate \| 39.05 +0.03	31/12/2004	₹ 34,577.89	6.54%	4.70%	5.95%	7.29%