Mirae Asset Banking and PSU Debt Fund - Dividend - Direct Plan

Other Plans and Options
  • 0.11 %Nav, as on 26-11-2020

  • Previous Nav

  • Net Change on 26-11-2020

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview Dividend | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

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.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
NIFTY Banking and PSU Debt Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
IDFC Banking & PSU Debt Fund-Direct Plan- Daily Dividend Feb 10, 2014 10.32 8.14 6.95 0.30 19,779.57
IDFC Banking & PSU Debt Fund-Direct Plan- Dividend Option Mar 07, 2013 4.77 7.89 6.76 0.30 19,779.57
IDFC Banking & PSU Debt Fund-Direct Plan- Fortnightly Dividend Mar 13, 2013 10.58 8.23 6.99 0.30 19,779.57
IDFC Banking & PSU Debt Fund-Direct Plan- Monthly Dividend Mar 13, 2013 10.13 8.20 6.96 0.30 19,779.57
IDFC Banking & PSU Debt Fund-Direct Plan- Quarterly Dividend Apr 09, 2014 10.02 8.13 7.00 0.30 19,779.57

Fund Holdings as on 31-October-2020

  • Tri Party Repo

  • 6.18% Government of India (04/11/2024)

  • 4.64% Oil & Natural Gas Corporation Limited (21/11/2023) **

  • 7% Hindustan Petroleum Corporation Limited (14/08/2024)

  • 6.79% Housing & Urban Development Corporation Limited (14/04/2023) **

  • 6.72% National Bank For Agriculture and Rural Development (14/04/2023) **

  • 6.75% Power Finance Corporation Limited (22/05/2023) **

  • 6.39% Indian Oil Corporation Limited (06/03/2025) **

  • 6.35% Export Import Bank of India (18/02/2025) **

  • 5.32% National Housing Bank (01/09/2023) **

  • 4.9% Small Industries Dev Bank of India (18/08/2023) **

  • 5.9% REC Limited (31/03/2025) **

  • 5.22% Government of India (15/06/2025)

  • Indian Oil Corporation Limited (02/11/2020) **

  • 5.36% Hindustan Petroleum Corporation Limited (11/04/2025) **

  • Small Industries Dev Bank of India (06/01/2021) ** #

  • 6.5% National Highways Auth Of Ind (11/04/2031) **

  • 8.25% Indian Railway Finance Corporation Limited (28/02/2024) **

  • 6.55% NTPC Limited (17/04/2023) **

  • 6.4% National Bank For Agriculture and Rural Development (31/07/2023) **

  • 6.19% Indian Railway Finance Corporation Limited (28/04/2023)

  • 5.69% REC Limited (30/09/2023) **

  • Bank of Baroda (01/06/2021) ** #

  • Export Import Bank of India (16/06/2021) **

  • National Bank For Agriculture and Rural Development (17/06/2021) ** #

  • Net Receivables / (Payables)

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  • Miscellaneous

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  • CARE A1+

  • Cash

  • CRISIL A1+

  • CRISIL AAA

  • FITCH A1+

  • ICRA A1+

  • ICRA AAA

  • Sov

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About Mirae Asset Banking and PSU Debt Fund

Scheme Analysis

Mirae Asset Banking and PSU Debt Fund is a Debt - Banking and PSU Fund fund and belongs to Mirae Asset Mutual Fund. It was launched on 24-Jul-2020 and currently has an AUM of ₹257.78 crore. Mirae Asset Banking and PSU Debt Fund is benchmarked against NIFTY Banking and PSU Debt Index as primary index.

The NAV of Mirae Asset Banking and PSU Debt Fund ended up ₹0.01(0.11%)yesterday to ₹10.1967.

Among its top 3 holdings the fund has exposure to Tri Party Repo, and

The Mirae Asset Banking and PSU Debt Fund is managed by Mahendra Kumar Jajoo .

Fund House Contact

Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), Mumbai - 400 098

022-67800300
022-67253942