Mirae Asset Banking and PSU Debt Fund

Debt | Banking and PSU Mutual Funds
 | 3
Monthly Amount Invested
Duration
Yr
  • Would Have Become
    --
  • Invested Value
    --
  • Total Gain
    --
  • Returns
    -- per annum
₹1,000 ₹5,000 0.41 % 3★ ₹94 3 Years
Min SIP Min Lumpsum Expense Ratio Rating Fund Size (in Cr) Fund Age
₹1,000 ₹5,000 0.41 %
Min SIP Min Lumpsum Expense Ratio
3★ ₹94 Cr 3 Years
Rating Fund Size Fund Age

Scheme 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.

Scheme Performance

Returns and Ranks ( as on 27 January 2023 )
1 Year1Y 3 Years3Y 5 Years5Y MaxMax
Trailing Returns 3.4% - - 3.8%
Category Average 4.9% 14.3% 11.6% -

Scheme Allocation

Holding
Sector
Asset
I O C L
7.41%
E X I M Bank
7.38%
TREPS
6.15%
GSEC2032
6.05%
Food Corp of Ind
5.07%
Others
67.94%
Others
100%
Corporate Debentures
73.68%
Govt Securities / Sovereign
12.05%
Reverse Repos
6.34%
Certificate of Deposit
5.09%
Net Curr Ass/Net Receivables
2.84%
Others
0%

Fund House Details

Mirae Asset Mutual Fund

Mirae Asset Banking and PSU Debt Fund

Fund Manager
Basant Bafna

Exit Load

Exit Load Nil

Advance Ratio

-0.01 0.08 0.01 -0.06
Alpha SD Beta Sharpe

Risk-O-Meter

Other Funds from the same Fund House

AMC Contact Details

Mirae Asset Mutual Fund
AUM:
1,16,910 Cr
Address:
Unit 606,6th Flr,Windsor Off. CST Road,Kalina, Santacruz(E),Mumbai-400098
Contact:
022-67800300
Email ID:
customercare@miraeasset.com

Frequently Asked Questions

You can invest in Mirae Asset Banking and PSU Debt Fund in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Mirae Asset Banking and PSU Debt Fund in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
The Mirae Asset Banking and PSU Debt Fund has delivered 3.8% since inception
The NAV of Mirae Asset Banking and PSU Debt Fund is ₹10.9 as of 27 January 2023.
The expense ratio of Mirae Asset Banking and PSU Debt Fund is 0.41 % as of 27 January 2023.
You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.
Invest Now