Mirae Asset Banking and PSU Debt Fund - Regular Plan - IDCW Payout
Mirae Asset Investment Managers (India) Private Limited
₹13.65 (+0.02%)
NAV as of 9 Oct 2026
Minimum Investment: ₹5,000
Return
3.65% Returns for 1Y
Expense ratio & Others
- Net expense ratio
- 0.42%
- Exit load
- 0%
- Lock-in
- No
- Minimum investment
- ₹5,000
- Category
- Banking & PSU
Expense ratio is inclusive of GST. Returns may be taxed based on the fund type and your holding period — please read the scheme-related documents and consult a tax advisor. Figures are historical and do not guarantee future results.
Fund Returns Estimator
One-time investment
₹1,000
6 months
₹1,023
Invested ₹1,000
▲+2.26%1 year
₹1,036
Invested ₹1,000
▲+3.65%3 years
₹1,064
Invested ₹1,000
▲+6.41%5 years
₹1,054
Invested ₹1,000
▲+5.44%
Based on the fund’s historic trailing returns — a planning illustration, not a guarantee of future results.
Invest One-TimePlan it your way
The figures above are fixed to this fund’s past returns over set periods. Use a calculator to set your own amount, tenure and expected rate of return.
Risk level
Riskometer scale
- Low
- Low to ModerateThis fund
- Moderate
- Moderate to High
- High
- Very High
Riskometer level assigned by the fund house as per SEBI norms. It can change as the scheme’s portfolio changes.
Fund benchmark
| Primary Index Name | CRISIL Banking & PSU Debt A-II TR INR |
|---|---|
| Secondary Index Name | CRISIL Banking & PSU Debt A-II TR INR |
| Index Name | CRISIL Banking and PSU Debt TR INR |
| Weighting | 100% |
Returns
| 1Y | 3Y | 5Y | 10Y | |
|---|---|---|---|---|
| Fund returns (%) | +3.65% | +6.41% | +5.44% | — |
| Cumulative returns (%) | +3.65% | +20.50% | +30.35% | — |
Fund Manager
| Manager | Kruti Chheta |
|---|---|
| Role | Manager |
| Manager Tenure | 2.67 yrs |
About Fund
| Date of Incorporation | 24 Jul 2020 |
|---|---|
| Fund House | Mirae Asset Investment Managers (India) Private Limited |
| Custodian | Deutsche Bank AG |
| Registrar / Transfer Agent | Mirae Asset Investment Managers (India) Private Limited |
| Address | 1 Great Winchester Street |
Top Holdings
| Company | Weightage (%) |
|---|---|
| 6.48% Govt Stock 2035 | 9.78% |
| 6.79% Gs 2034 | 8.15% |
| Export Import Bank Of India | 7.19% |
| 6.9% Govt Stock 2065 | 7.00% |
| 6.33% Govt Stock 2035 | 6.57% |
| Kotak Mahindra Bank Ltd. | 6.42% |
| Indian Railway Finance Corporation Limited | 5.12% |
| National Bank For Agriculture And Rural Development | 5.09% |
| 6.94% Govt Stock 2036 | 5.06% |
| Power Finance Corporation Limited | 5.05% |
| Export Import Bank Of India | 5.05% |
| HDFC Bank Limited | 5.00% |
| HDFC Bank Limited | 4.84% |
| HDFC Bank Limited | 4.31% |
| State Bank Of India | 4.20% |
| Axis Bank Ltd. | 4.14% |
| National Bank For Agriculture And Rural Development | 3.82% |
| Small Industries Development Bank Of India | 3.80% |
| Rec Limited | 3.78% |
| National Housing Bank | 3.76% |
| Housing And Urban Development Corporation Limited | 3.69% |
| Rec Limited | 3.47% |
| Small Industries Development Bank Of India | 2.52% |
| Power Finance Corporation Limited | 2.38% |
Investment Strategy
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.
Income over short to medium term
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. The data shown is for information only and does not constitute investment advice.