Mirae Asset Banking and PSU Fund - IDCW - Direct Plan

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  • 0.01 %Nav, as on 04-07-2025

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  • Net Change on 04-07-2025

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Fund Overview IDCW | 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
Crisil 10 Yr Gilt Index N/A N/A N/A N/A N/A N/A
CRISIL Banking and PSU Debt Index 0.10 2.24 8.69 N/A N/A 8.27

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.)
Bandhan Banking & PSU Debt Fund - Direct Annual IDCW Feb 04, 2020 9.48 7.92 6.56 0.33 13,500.37
Bandhan Banking & PSU Debt Fund - Direct Daily IDCW Feb 10, 2014 9.33 7.68 6.30 0.33 13,500.37
Bandhan Banking & PSU Debt Fund - Direct Fortnightly IDCW Mar 13, 2013 9.27 7.70 6.31 0.33 13,500.37
Bandhan Banking & PSU Debt Fund - Direct IDCW Mar 07, 2013 9.14 7.61 6.26 0.33 13,500.37
Bandhan Banking & PSU Debt Fund - Direct Monthly IDCW Mar 13, 2013 9.14 7.61 6.26 0.33 13,500.37

Fund Holdings as on 30-June-2025

  • 6.79% Government of India (MD 07/10/2034)

  • TREPS

  • 7.59% National Housing Bank (MD 14/07/2027)**

  • 6.85% Mahanagar Telephone Nigam Ltd. (MD 20/12/2030)**

  • 7.57% Indian Railway Finance Corporation Ltd. (MD 18/04/2029)**

  • 7.35% Export-Import Bank of India (MD 27/07/2028)

  • 6.24% State Bank of India( Tier II Bond under Basel III ) (MD 20/09/2030)**

  • 6.44% HDFC Bank Ltd. (MD 27/09/2028)**

  • 7.80% National Bank for Agriculture and Rural Development (MD 15/03/2027)**

  • 7.83% Small Industries Development Bank of India (MD 24/11/2028)

  • Net Receivables / (Payables)

  • 7.77% REC Ltd. (MD 31/03/2028)

  • 7.62% National Bank for Agriculture and Rural Development (MD 10/05/2029)**

  • 7.47% Small Industries Development Bank of India (MD 05/09/2029)

  • 7.56% REC Ltd. (MD 31/08/2027)

  • 7.12% Housing and Urban Development Corporation Ltd. (MD 26/12/2034)**

  • 7.13% Power Finance Corporation Ltd. (MD 15/07/2026)**

  • 7.85% Power Finance Corporation Ltd. (MD 03/04/2028)**

  • 7.13% State Government of Karnataka (MD 20/08/2034)

  • 7.70% National Bank for Agriculture and Rural Development (MD 30/09/2027)**

  • 7.56% India Infrastructure Finance Company Ltd. (MD 20/03/2028)**

  • 7.22% Export-Import Bank of India (MD 03/08/2027)**

  • 7.70% REC Ltd. (MD 31/08/2026)**

  • 7.77% Power Finance Corporation Ltd. (MD 15/07/2026)

  • 7.23% Small Industries Development Bank of India (MD 09/03/2026)**

  • 6.27% Power Finance Corporation Ltd. (MD 15/07/2027)**

  • 7.59% National Housing Bank (MD 08/09/2027)

  • Corporate Debt Market Development Fund - Class A2#

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  • Miscellaneous

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Fund Manager

  • [ICRA]AAA

  • BWR AA+(CE)

  • Cash

  • CRISIL AAA

  • IND AAA

  • Sov

  • Unrated

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About Mirae Asset Banking and PSU Fund

Scheme Analysis

Mirae Asset Banking and PSU 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 ₹47.80 crore. Mirae Asset Banking and PSU Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and CRISIL Banking and PSU Debt Index as secondary index.

The NAV of Mirae Asset Banking and PSU Fund ended up ₹0(0.01%)yesterday to ₹13.3229.

Among its top 3 holdings the fund has exposure to 6.79% Government of India (MD 07/10/2034), and

The Mirae Asset Banking and PSU Fund is managed by Kruti Chheta .

Fund House Contact

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

022-67800300
022-67253940