Mutual Funds
Mirae Asset Banking and PSU Fund-Reg(G)
Debt  |   Moderate  |   Debt - Banking and PSU Fund
13.35   +0.00
NAV(₹) as on 18/3/2026 		0.03%
  1D 		6.17%
  1Y 		6.85%
  3Y 		5.65%
  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:
₹ 43.67 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 28/2/2026 6.93 % 93.07 %
TOP HOLDINGS

Tri-Party Repo (TREPS)
9.86 %

Axis Bank Ltd. (04-Mar-2026)
9.15 %

Export-Import Bank Of India SR-AA02 07.35% (27-Jul-2028)
6.93 %

Kotak Mahindra Bank Ltd. (12-Feb-2027)
6.45 %

06.48% GOI 06-Oct-2035
5.65 %

HDFC Bank Ltd. SR-AB002 7.97% (17-Feb-2033)
4.71 %

Indian Railway Finance Corpn Ltd SR-175 07.57% (18-Apr-2029)
4.65 %

HDFC Bank Ltd. SR-1 06.44% (27-Sep-2028)
4.51 %

National Bank For Agriculture & Rural Development SR-25G 07.48% (15-Sep-2028)
4.16 %

National Bank For Agriculture & Rural Development SR 24H 07.62% (10-May-2029)
3.48 %

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 (in years)

2.39 (in years)

6.76 %

5 YEAR HISTORY

Financial Year 2021-22 2022-23 2023-24 2024-25 2025-26
NAV (18/3/2026) 10.62 10.99 11.76 12.69 13.35
Net Assets (Rs Crores) 14,403.81 8,749.01 6,034.75 4,703.14 4,367.48
Scheme Returns(%)(Absolute) 3.71 3.48 6.92 7.92 4.69
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 |  11.76   +0.01  
13/11/2023 ₹ 332.61 6.52% - - 7.17%
MDB Logo
Canara Rob Banking and PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  12.44   +0.00  
22/8/2022 ₹ 194.15 5.84% 6.66% - 6.30%
MDB Logo
ITI Banking & PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Low to Moderate |  13.46   +0.01  
22/10/2020 ₹ 37.58 6.18% 6.76% 5.96% 5.65%
MDB Logo
Mirae Asset Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  13.35   +0.00  
24/7/2020 ₹ 43.67 6.17% 6.85% 5.65% 5.24%
MDB Logo
HSBC Banking and PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  25.09   +0.02  
20/9/2007 ₹ 4,431.12 6.75% 6.92% 5.42% 5.10%
MDB Logo
Bandhan Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Low to Moderate |  25.46   +0.01  
7/3/2013 ₹ 12,536.08 6.35% 6.99% 5.90% 7.43%
MDB Logo
SBI Banking and PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Low to Moderate |  3220.85   +2.29  
12/10/2009 ₹ 4,025.08 6.62% 7.04% 5.77% 7.37%
MDB Logo
Axis Banking & PSU Debt Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  2728.28   +1.77  
12/6/2012 ₹ 12,838.53 6.73% 7.05% 5.90% 7.55%
MDB Logo
LIC MF Banking & PSU Fund-Reg(G)
Debt - Banking and PSU Fund  |   Moderate |  35.94   +0.02  
31/5/2007 ₹ 1,879.49 6.73% 7.05% 5.66% 7.04%
MDB Logo
Nippon India Banking and PSU Fund(G)
Debt - Banking and PSU Fund  |   Moderate |  21.39   +0.01  
15/5/2015 ₹ 5,293.59 6.39% 7.07% 6.03% 7.26%