Mutual Funds
Mirae Asset Banking and PSU Fund-Reg(G)
Debt  |   Moderate  |   Debt - Banking and PSU Fund
13.27   0.00
NAV(₹) as on 27/11/2025 		-0.01%
  1D 		7.76%
  1Y 		7.20%
  3Y 		5.45%
  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:
₹ 46.09 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 31/10/2025 13.59 % 86.41 %
TOP HOLDINGS

Tri-Party Repo (TREPS)
7.92 %

06.79% GOI - 07-Oct-2034
7.81 %

Export-Import Bank Of India SR-AA02 07.35% (27-Jul-2028)
6.65 %

National Housing Bank 07.59% (14-Jul-2027)
6.61 %

06.33% GOI - 05-May-2035
6.42 %

Small Industries Development Bank of India (06-Feb-2026)
5.34 %

Net Current Asset
5.08 %

HDFC Bank Ltd. SR-AB002 7.97% (17-Feb-2033)
4.53 %

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 %

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

3.7 (in years)

2.88 (in years)

6.51 %

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 |  11.71   +0.00  
13/11/2023 ₹ 334.43 8.02% - - 8.04%
MDB Logo
Canara Rob Banking and PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  12.37   +0.00  
22/8/2022 ₹ 194.6 7.26% 6.97% - 6.72%
MDB Logo
ITI Banking & PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  13.35   +0.00  
22/10/2020 ₹ 36.44 7.44% 7.10% 5.75% 5.82%
MDB Logo
Mirae Asset Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  13.27   +0.00  
24/7/2020 ₹ 46.09 7.76% 7.20% 5.45% 5.44%
MDB Logo
TRUSTMF Banking & PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  1302.71   +0.07  
1/2/2021 ₹ 129.45 7.74% 7.21% - 5.64%
MDB Logo
HSBC Banking and PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  24.93   +0.02  
20/9/2007 ₹ 4,424.78 8.13% 7.22% 5.18% 5.15%
MDB Logo
Bandhan Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  25.22   +0.00  
7/3/2013 ₹ 12,963.49 7.62% 7.27% 5.67% 7.53%
MDB Logo
Axis Banking & PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  2707.80   +1.68  
12/6/2012 ₹ 13,417.14 8.13% 7.31% 5.76% 7.67%
MDB Logo
SBI Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  3201.30   +0.13  
12/10/2009 ₹ 4,227.55 8.16% 7.39% 5.45% 7.47%
MDB Logo
UTI Banking & PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Low to Moderate |  22.55   +0.00  
3/2/2014 ₹ 804.35 8.18% 7.40% 6.99% 7.12%