- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Banking and PSU Fund (G)
Mirae Asset Banking and PSU Fund (G)
₹ 12.87
NAV (May 08)
Scheme Information
The scheme seeks 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 | 0.81 % |
Launched 4Y ago | 2020-07-24 |
AUM in Crores | 46.6 |
ISIN | INF769K01FV5 |
Lock-in (days) | No Lock-in |
Benchmark | CRISIL Banking and PSU Debt A-II Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 1.2 |
Beta | 2.3 |
Sharpe Ratio | -0.4 |
YTM | - |
Fund Managers
Asset allocation and Holdings
Top Debt Holdings
GOI
12.62%Small Industries Devp. Bank of India Ltd.
8.62%Housing & Urban Development Corporation Ltd.
8.6%GOI
5.68%Export-Import Bank Of India
5.16%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 10,935 cr | ||
₹ 7,713 cr | ||
₹ 15,014 cr | ||
₹ 4,544 cr | ||
₹ 13,293 cr |
Mirae Asset Banking and PSU Fund (G) Review
Mirae Asset Banking and PSU Fund (G) is a Banking and PSU Debt fund and has delivered an annualised return of 5.46% over 4 years. The fund has grown over a period of 4 years. The fund is managed by Mirae Asset Mutual Fund. The fund managers are Basant Bafna, Kruti Chheta.
Nav of Mirae Asset Banking and PSU Fund (G) as of 5/8/2025 is ₹12.87 with the total AUM as of 5/9/2025 is ₹46.59. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Banking and PSU Fund (G) was launched on 2020-07-24. The category risk of the fund is Moderate.
The minimum SIP amount for Mirae Asset Banking and PSU 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 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 A-II Index.
Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Banking and PSU Fund (G).