Mirae Asset Banking and PSU Fund - IDCW - Regular Plan

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  • (-0.1%)Nav, as on 13-06-2025

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  • Net Change on 13-06-2025

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Fund Overview IDCW | 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
CRISIL Banking and PSU Debt Index 1.16 3.31 8.83 N/A N/A 8.45

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 - Regular Annual IDCW Mar 27, 2014 8.89 7.28 6.19 0.63 13,579.65
Bandhan Banking & PSU Debt Fund - Regular Daily IDCW Feb 10, 2014 8.99 7.33 6.21 0.63 13,579.65
Bandhan Banking & PSU Debt Fund - Regular Fortnightly IDCW Mar 13, 2013 8.87 7.25 6.17 0.63 13,579.65
Bandhan Banking & PSU Debt Fund - Regular IDCW Mar 07, 2013 8.87 7.25 6.17 0.63 13,579.65
Bandhan Banking & PSU Debt Fund - Regular Monthly IDCW Mar 13, 2013 8.87 7.25 6.17 0.63 13,579.65

Fund Holdings as on 31-May-2025

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

  • 7.40% Export-Import Bank of India (MD 14/03/2029)

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

  • 7.34% Government of India (MD 22/04/2064)

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

  • 7.49% Small Industries Development Bank of India (MD 11/06/2029)

  • 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)

  • Net Receivables / (Payables)

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

  • 7.77% REC Ltd. (MD 31/03/2028)**

  • 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)

  • 7.44% Power Finance Corporation Ltd. (MD 15/01/2030)**

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

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

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

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

  • 7.70% REC Ltd. (MD 31/08/2026)**

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

  • 6.65% Indian Railway Finance Corporation Ltd. (MD 20/05/2030)**

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

  • TREPS

  • 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 ₹47.74 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 down ₹-0.01(-0.1%)yesterday to ₹12.9728.

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