Mirae Asset Banking and PSU Debt Fund - Growth - Regular Plan

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  • Net Change on 21-10-2021

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Fund Overview Growth | Regular 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
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-Regular Plan- Growth Option Mar 07, 2013 4.03 9.37 7.79 0.63 19,205.19
Axis Banking & PSU Debt Fund - Regular Plan - Growth option Jun 08, 2012 3.91 8.60 7.81 0.62 16,744.56
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan-Growth May 05, 2008 4.42 8.70 7.49 0.67 15,823.35
ICICI Prudential Banking and PSU Debt Fund - Growth Jan 01, 2010 5.02 8.22 7.22 0.80 13,949.79
SBI BANKING & PSU FUND - Regular Paln - Growth Oct 09, 2009 3.56 8.10 7.46 0.81 12,202.07

Fund Holdings as on 30-September-2021

  • Triparty Repo

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

  • Indian Oil Corporation Limited (25/10/2021) **

  • 7.62% Export Import Bank of India (01/09/2026) **

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

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

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

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

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

  • 5.9% REC Limited (31/03/2025) **

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

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

  • 8.57% REC Limited (21/12/2024) **

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

  • 8.7% Power Grid Corporation of India Limited (15/07/2023) **

  • 7.52% NHPC Limited (06/06/2024) **

  • 8.62% Food Corporation Of India (22/03/2023) **

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

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

  • 6.7% Indian Railway Finance Corporation Limited (24/11/2021) **

  • 4.78% Housing & Urban Development Corporation Limited (28/02/2024) **

  • Net Receivables / (Payables)

  • 7.39% State Government Securities (09/11/2026)

  • 6.64% Government of India (16/06/2035)

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  • Miscellaneous

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  • CARE AAA

  • Cash

  • CRISIL AAA

  • CRISIL AAA(CE)

  • ICRA A1+

  • ICRA AAA

  • SOVEREIGN

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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 ₹200.88 crore. Mirae Asset Banking and PSU Debt Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and NIFTY Banking and PSU Debt Index as secondary index.

The NAV of Mirae Asset Banking and PSU Debt Fund ended up ₹0(0.03%)yesterday to ₹10.4777.

Among its top 3 holdings the fund has exposure to Triparty 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