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  • Mirae Asset Banking and PSU Fund - Regular plan - IDCW

Mirae Asset Banking and PSU Fund - Regular plan - IDCW

Category: Debt: Banking and PSU
Launch Date: 27-07-2020
Asset Class: Fixed Income
Benchmark: CRISIL Banking and PSU Debt A-II Index
Expense Ratio: 0.81% As on (29-09-2025)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 46 Cr As on (30-09-2025)
Turn over:
NAV (₹): 13.2042
₹ 0 ( 0.0045%)
as on 24-10-2025
CAGR Since Inception - 5.44%
CRISIL Banking and PSU Debt A-II Index - 7.37%

Fund Managers

Ms. Kruti Chheta


Investment 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. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the scheme will be achieved.

PERFORMANCE of Mirae Asset Banking and PSU Fund - Regular plan - IDCW

Scheme Performance (%) Data as on - 24-10-2025

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
Mirae Asset Banking and PSU Fund - Regular plan - IDCW 7.64 7.31 5.51 - 5.44
Benchmark - - - - -
Debt: Banking and PSU 7.79 7.51 5.82 7.11 7.05

RETURNS CALCULATOR for Mirae Asset Banking and PSU Fund - Regular plan - IDCW

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Key Performance and Risk Statistics of Mirae Asset Banking and PSU Fund - Regular plan - IDCW

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
Mirae Asset Banking and PSU Fund - Regular plan - IDCW 1.18 -0.56 3.75 2.2 6.68 4.19
Debt: Banking and PSU - - - - - -

PEER COMPARISION

Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
Mirae Asset Banking and PSU Reg IDCW 27-07-2020 7.64 7.85 7.31 5.51 0.0
UTI Banking & PSU Fund Reg Gr 05-01-2014 8.06 8.09 7.7 6.99 6.79
Sundaram Banking and PSU Reg Gr 30-12-2004 8.05 8.18 7.71 5.64 6.66
Franklin India Banking & PSU Debt Gr 05-04-2014 8.05 7.94 7.66 5.85 7.19
HSBC Banking and PSU Debt Fund Reg Gr 01-01-2013 8.04 7.78 7.42 5.28 6.8
Axis Banking & PSU Debt Reg Gr 01-06-2012 8.0 7.85 7.42 5.79 7.22
SBI Banking & PSU Fund Reg Gr 09-10-2009 7.96 7.94 7.49 5.54 6.97
ICICI Pru Banking and PSU Debt Gr 01-01-2010 7.96 7.92 7.65 6.31 7.39
Kotak Banking and PSU Debt Gr 29-12-1998 7.93 8.18 7.63 6.04 7.41
LIC MF Banking & PSU Debt Reg Gr 30-05-2007 7.93 8.06 7.49 5.52 6.72

Asset Allocation (%)

PORTFOLIO ANALYSIS of Mirae Asset Banking and PSU Fund - Regular plan - IDCW

Portfolio as on

Top 10 Sectors in portfolio (%)

Top 10 Stocks in portfolio (%)