Mutual Funds
Mirae Asset Banking and PSU Fund-Reg(G)
Debt  |   Moderate  |   Debt - Banking and PSU Fund
13.58   -0.03
NAV(₹) as on 8/7/2026 		-0.23%
  1D 		4.15%
  1Y 		6.61%
  3Y 		5.59%
  5Y
Mirae Asset Banking and PSU Fund-Reg(G)
Growth Chart of the Scheme

Scheme Details
Expense Ratio:
 Launch Date:
24 Jul 2020
Exit Load:
Nil 		AUM:
₹ 40.40 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 30/6/2026 9.69 % 90.31 %
TOP HOLDINGS

06.48% GOI 06-Oct-2035
9.71 %

Kotak Mahindra Bank Ltd. (12-Feb-2027)
7.13 %

Tri-Party Repo (TREPS)
6.24 %

Indian Railway Finance Corpn Ltd SR-175 07.57% (18-Apr-2029)
5.02 %

Power Finance Corpn. Ltd. SR-172 07.74% (29-Jan-2028)
4.99 %

REC Ltd. SR-248 A - BD 06.52% (31-Jan-2028)
4.91 %

HDFC Bank Ltd. SR-1 06.44% (27-Sep-2028)
4.87 %

National Bank For Agriculture & Rural Development SR-25G 07.48% (15-Sep-2028)
4.48 %

National Bank For Agriculture & Rural Development SR 24H 07.62% (10-May-2029)
3.75 %

Small Industries Development Bank of India SR II 07.47% (05-Sep-2029)
3.74 %

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

3.58 (in years)

2.41 (in years)

6.91 %

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 |  11.99   +-0.02  
13/11/2023 ₹ 368.55 4.32% - - 7.07%
MDB Logo
Canara Rob Banking and PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  12.70   +-0.02  
22/8/2022 ₹ 186.86 4.80% 6.58% - 6.35%
MDB Logo
Mirae Asset Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  13.58   +-0.03  
24/7/2020 ₹ 40.4 4.15% 6.61% 5.59% 5.28%
MDB Logo
ITI Banking & PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Low to Moderate |  13.68   +-0.02  
22/10/2020 ₹ 33.51 4.53% 6.62% 5.85% 5.64%
MDB Logo
Edelweiss Banking and PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Low to Moderate |  25.83   +-0.03  
13/9/2013 ₹ 3,094.83 3.93% 6.78% 5.94% 7.68%
MDB Logo
HSBC Banking and PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  25.62   +-0.06  
20/9/2007 ₹ 3,977.6 4.97% 6.81% 5.41% 5.13%
MDB Logo
SBI Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  3287.67   +-6.53  
12/10/2009 ₹ 3,976.2 4.78% 6.91% 5.76% 7.36%
MDB Logo
LIC MF Banking & PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  36.72   +-0.08  
31/5/2007 ₹ 1,865.9 4.69% 6.94% 5.79% 7.04%
MDB Logo
Axis Banking & PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  2786.12   +-5.98  
12/6/2012 ₹ 12,270.1 5.07% 6.95% 5.96% 7.54%
MDB Logo
DSP Banking & PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  25.29   +-0.07  
14/9/2013 ₹ 3,304.23 4.50% 6.96% 5.93% 7.50%