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This Fund:
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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹99 & Lump. ₹5000

AUM (Fund size)

₹44 Cr

Lock In Period

N/A

Expense Ratio

0.81

Benchmark

CRISIL Banking and PSU Debt A-II Index

Exit Load

Nil

Summary

Latest details for Mirae Asset Banking and PSU Fund Growth include a ₹13.3484 NAV as of Mar 12,2026 and returns since inception of 22.51%. Minimum investments start at SIP ₹99. The Mirae Asset Banking and PSU Fund Growth AUM is ₹44 Cr, with a lock-in of N/A years, expense ratio of 0.81%, and benchmark CRISIL Banking and PSU Debt A-II Index. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 0.46% returns, against a category average of -1.76% and a category best of 3.10%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.46-1.763.10
6M2.201.5911.87
1Y6.545.7721.71
3Y7.0014.24141.78

Portfolio Analysis

  • Equity:
  • Debt: 99.37%
  • Others
As on: 2026-02-15
View allocation % by

1. Axis Bank Ltd. (MD 04/03/2026)9.11%
2. 6.79% Government of India (MD 07/10/2034)8.15%
3. 7.35% Export-Import Bank of India (MD 27/07/2028)6.92%
4. Kotak Mahindra Bank Ltd. (MD 12/02/2027)6.42%
5. TREPS6.01%
6. Net Receivables / (Payables)4.85%
7. 7.57% Indian Railway Finance Corporation Ltd. (MD 18/04/2029)4.63%
8. 6.44% HDFC Bank Ltd. (MD 27/09/2028)4.49%
9. 7.48% National Bank for Agriculture and Rural Development (MD 15/09/2028)4.15%
10. 7.62% National Bank for Agriculture and Rural Development (MD 10/05/2029)3.47%
11. 7.47% Small Industries Development Bank of India (MD 05/09/2029)3.46%
12. 7.56% REC Ltd. (MD 31/08/2027)3.46%
13. 7.12% Housing and Urban Development Corporation Ltd. (MD 26/12/2034)3.37%
14. 7.74% Power Finance Corporation Ltd. (MD 29/01/2028)2.32%
15. 7.56% India Infrastructure Finance Company Ltd. (MD 20/03/2028)2.31%
16. 7.42% Power Finance Corporation Ltd. (MD 15/04/2028)2.31%
17. 7.68% Small Industries Development Bank of India (MD 10/08/2027)2.30%
18. 7.54% Knowledge Realty Trust (MD 08/05/2029)2.29%
19. 7.22% Export-Import Bank of India (MD 03/08/2027)2.29%
20. 7.15% Mindspace Business Parks Reit (MD 15/11/2030)2.27%
21. 6.87% REC Ltd. (MD 31/05/2030)2.26%
22. National Bank for Agriculture and Rural Development (MD 10/03/2026)2.05%
23. 7.59% National Housing Bank (MD 08/09/2027)1.15%

1. 7.97% HDFC Bank Ltd. (MD 17/02/2033)4.69%

1. 7.85% Power Finance Corporation Ltd. (MD 03/04/2028)2.33%
2. 7.83% Indian Railway Finance Corporation Ltd. (MD 19/03/2027)2.31%

About Fund

Mirae Asset Banking and PSU Fund Growth managed by Mirae Asset Mutual Fund,is a Debt - Incomescheme with Assets Under Management of ₹44 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.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundTRUSTMF Corporate Bond Fund Growth020.3 CR0.65
This FundTRUSTMF Banking & PSU Fund Growth0130.72 CR0.71
This FundMirae Asset Banking and PSU Fund Growth043.67 CR0.81
Fund Name1Y3Y
This FundTRUSTMF Corporate Bond Fund Growth6.285622.2972
This FundTRUSTMF Banking & PSU Fund Growth6.722622.4669
This FundMirae Asset Banking and PSU Fund Growth6.5422.5085

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 : 0.46%
  • 6 Months : 2.20%
  • 1 Year : 6.54%
  • 3 Years : 7.00%
Returns of Mirae Asset Banking and PSU Fund Growth are updated daily based on NAV of ₹ 13.3484 as on Mar 12,2026. Since inception, the return has been 22.51%.

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 ₹44 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.
Min Inv Amount: ₹500