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Mirae Asset Banking and PSU Fund Growth Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
This Fund:
Sensex:
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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)

₹40 Cr

Lock In Period

N/A

Expense Ratio

0.82

Exit Load

Nil

Benchmark

CRISIL Banking and PSU Debt A-II Index

Mirae Asset Banking and PSU Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.09-1.053.98
6M2.580.6211.87
1Y4.212.7821.71
3Y6.5710.98135.01

Portfolio Analysis

  • Equity:
  • Debt: 99.31%
  • Others
As on: 2026-07-15
View allocation % by

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 ₹40 Crore. The fund benchmarks its performance against the CRISIL Banking and PSU Debt A-II Index while maintaining an expense ratio of 0.82. 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
Canara Robeco Banking and PSU Debt Fund Growth0185 CR0.71
TRUSTMF Corporate Bond Fund Growth0113 CR0.64
Mirae Asset Banking and PSU Fund Growth040 CR0.82
Fund Name1Y3Y
This FundCanara Robeco Banking and PSU Debt Fund Growth4.79420.8778
This FundTRUSTMF Corporate Bond Fund Growth4.368320.9179
This FundMirae Asset Banking and PSU Fund Growth4.213921.0354

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 0.82. 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 : 0.09%
  • 6 Months : 2.58%
  • 1 Year : 4.21%
  • 3 Years : 6.57%
Returns of Mirae Asset Banking and PSU Fund Growth are updated daily based on NAV of ₹ 13.6186 as on Jul 31,2026. Since inception, the return has been 21.04%.

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 ₹40 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.