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Mirae Asset Banking and PSU Fund Growth Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
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Showing Funds Performance since Sep 07, 2020

Mirae Asset Banking and PSU Fund Growth Fund Overview

Min. investment

SIP ₹99 & Lump. ₹5000

AUM (Fund size)

₹41 Cr

Lock In Period

N/A

Expense Ratio

0.81

Exit Load

Nil

Benchmark

CRISIL Banking and PSU Debt A-II Index

Summary

Mirae Asset Banking and PSU Fund Growth NAV is ₹13.5173 as of 23 Jun, 2026. Mirae Asset Banking and PSU Fund Growth has delivered 20.73% returns since its launch. The minimum SIP investment amount in Mirae Asset Banking and PSU Fund Growth is ₹99. The AUM of Mirae Asset Banking and PSU Fund Growth is ₹41 Cr. The expense ratio of the fund is 0.81%, and its benchmark is CRISIL Banking and PSU Debt A-II Index. The current exit load of the fund is Nil. In the last 1M months, Mirae Asset Banking and PSU Fund Growth has delivered 1.47% returns.

Mirae Asset Banking and PSU Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M1.47-0.543.20
6M2.051.1311.87
1Y3.983.6521.71
3Y6.4811.70142.24

Portfolio Analysis

  • Equity:
  • Debt: 99.34%
  • Others
As on: 2026-05-31
View allocation % by

1. TREPS10.66%
2. 6.48% Government of India (MD 06/10/2035)9.33%
3. Kotak Mahindra Bank Ltd. (MD 12/02/2027)6.88%
4. 7.74% Power Finance Corporation Ltd. (MD 29/01/2028)4.83%
5. 7.57% Indian Railway Finance Corporation Ltd. (MD 18/04/2029)4.82%
6. 6.52% REC Ltd. (MD 31/01/2028)4.74%
7. 6.44% HDFC Bank Ltd. (MD 27/09/2028)4.69%
8. 7.48% National Bank for Agriculture and Rural Development (MD 15/09/2028)4.32%
9. 7.59% National Housing Bank (MD 14/07/2027)3.62%
10. 7.62% National Bank for Agriculture and Rural Development (MD 10/05/2029)3.61%
11. 7.47% Small Industries Development Bank of India (MD 05/09/2029)3.59%
12. 7.12% Housing and Urban Development Corporation Ltd. (MD 26/12/2034)3.48%
13. Net Receivables / (Payables)2.64%
14. 7.68% Small Industries Development Bank of India (MD 10/08/2027)2.41%
15. 7.22% Export-Import Bank of India (MD 03/08/2027)2.41%
16. 7.42% Power Finance Corporation Ltd. (MD 15/04/2028)2.40%
17. 7.56% India Infrastructure Finance Company Ltd. (MD 20/03/2028)2.40%
18. 7.54% Knowledge Realty Trust (MD 08/05/2029)2.39%
19. 6.95% REC Ltd. (MD 18/02/2028)2.39%
20. 6.87% REC Ltd. (MD 31/05/2030)2.35%
21. 7.34% Government of India (MD 22/04/2064)2.32%
22. ICICI Bank Ltd. (MD 12/02/2027)2.29%
23. Small Industries Development Bank of India (MD 18/02/2027)2.29%
24. 7.59% National Housing Bank (MD 08/09/2027)1.21%

1. 7.97% HDFC Bank Ltd. (MD 17/02/2033)4.84%

1. 7.85% Power Finance Corporation Ltd. (MD 03/04/2028)2.43%

About Fund Mirae Asset Banking and PSU Fund Growth

Mirae Asset Banking and PSU Fund Growth managed by Mirae Asset Mutual Fund,is a Debt - Incomescheme with Assets Under Management of ₹41 Crore. The fund benchmarks its performance against the CRISIL Banking and PSU Debt A-II Index while maintaining an expense ratio of 0.81. Under the expert guidance of Kruti Chheta ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Kruti Chheta

Ms. Kruti Chheta has done BAF (Finance and Accounts) and MBA (Finance). Prior to joining Chheta, she has worked with A K Capital Services Ltd., Shriram Wealth Advisors Ltd. and Birla wealth management.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
Aditya Birla Sun Life Long Duration Fund Growth0108.75 CR0.98
Canara Robeco Banking and PSU Debt Fund Growth0184.7 CR0.71
Mirae Asset Banking and PSU Fund Growth041.35 CR0.81
Fund Name1Y3Y
This FundAditya Birla Sun Life Long Duration Fund Growth1.255718.9969
This FundCanara Robeco Banking and PSU Debt Fund Growth4.547920.5801
This FundMirae Asset Banking and PSU Fund Growth3.978120.73

Mirae Asset Banking and PSU Fund Growth FAQs

Mirae Asset Banking and PSU Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Mirae Asset Banking and PSU Fund Growth is 0.81. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Mirae Asset Banking and PSU Fund Growth’s fund performance is as follows:
  • 1 Month : 1.47%
  • 6 Months : 2.05%
  • 1 Year : 3.98%
  • 3 Years : 6.48%
Returns of Mirae Asset Banking and PSU Fund Growth are updated daily based on NAV of ₹ 13.5173 as on Jun 19,2026. Since inception, the return has been 20.73%.

You can invest in Mirae Asset Banking and PSU Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Mirae Asset Banking and PSU Fund Growth is ₹41 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Mirae Asset Banking and PSU Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.