• Mutual Funds
  • Mirae Asset Mutual Fund
  • Mirae Asset Banking and PSU Debt Fund (Growth)
Mirae Asset Mutual Fund

Mirae Asset Banking and PSU Debt Fund (Growth)

DebtBanking And Psu

10.7927

NAV (Dec 06)

3.3%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Rolling Returns

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

10.7927

NAV (Dec 6)

Fund Returns

Last 1Y

2.5%

Last 3Y

NA

Last 5Y

NA

Last 10Y

NA

Since Inception

3.3%

6 Month CAGR

2.6%

Scheme Information

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.

Expense Ratio

0.84

Launched (2y ago)

Jul 24, 2020

AUM in Crores

95.608

ISIN

INF769K01FV5

Lock-in

No Lock-in

Benchmark

CRISIL Banking and PSU Debt TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Standard Deviation (3yr)

0

Standard Deviation (5yr)

0

Beta (3yr)

0

Beta (5yr)

0

Sharpe Ratio (3yr)

0

Sharpe Ratio (5yr)

0

YTM

7.28

Fund Managers

Mahendra Jajoo

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2022-12-06

Top Debt Holdings

national housing bank

10.3%
10.3%

treps

8.3%
8.3%

indian oil corporation limited

7.7%
7.7%

export import bank of india

7.6%
7.6%

7.26% govt stock 2032

6.3%
6.3%
See all holdings

Compare Mirae Asset Banking and PSU Debt Fund (Growth)

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 46,469 cr

₹ 14,221 cr

₹ 18,664 cr

₹ 13,008 cr

₹ 46,469 cr

About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 113,734 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 29 equity,36 debt and 9 hybrid funds.

amc-img

  • 022-67800300
  • customercare@miraeasset.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    20.1%

    18.4%

    19.2%

    18%

    20.9%

    20.3%

    15.7%

    15.5%

    14.9%

    15.2%

    Mirae Asset Banking and PSU Debt Fund (G) Review

    Mirae Asset Banking and PSU Debt Fund (G) is a Banking And Psu Debt fund and has delivered an annualised return of 3.3% over a period of 2 years. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund manager’s name is Mahendra Jajoo.

    Nav of Mirae Asset Banking and PSU Debt Fund (G) as of 12/6/2022 is ₹10.79 with the total AUM as of 12/7/2022 is ₹95.608. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Banking and PSU Debt Fund (G) was launched on Jul 24, 2020. The category risk of the fund is Moderate Risk.

    The minimum SIP amount for Mirae Asset Banking and PSU Debt Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

    Mirae Asset Banking and PSU Debt Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Banking and PSU Debt TR INR.

    Mirae Asset Banking and PSU Debt Fund (G) is rated as a 0 fund in Debt and delivered 2.5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Banking and PSU Debt Fund (G).

    Frequently Asked Questions

    What is Mirae Asset Banking and PSU Debt Fund (G)?

    Mirae Asset Banking and PSU Debt Fund (G) is a Banking And Psu Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    How to invest in Mirae Asset Banking and PSU Debt Fund (G)?

    You can invest in Mirae Asset Banking and PSU Debt Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

    What is the minimum sip amount of Mirae Asset Banking and PSU Debt Fund (G)?

    The minimum sip amount for Mirae Asset Banking and PSU Debt Fund (G) is ₹1000. You can invest in multiples of ₹5000.

    Is Mirae Asset Banking and PSU Debt Fund (G) good to invest in?

    As per Scripbox experts, Mirae Asset Banking and PSU Debt Fund (G) is a Not Reviewed Yet fund. You can investMirae Asset Banking and PSU Debt Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the Mirae Asset Banking and PSU Debt Fund (G)?

    The expense ratio of the Mirae Asset Banking and PSU Debt Fund (G) is 0.84% for regular plan.