- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Banking and PSU Fund Direct Growth
Mirae Asset Banking and PSU Fund Direct Plan Growth
₹ 13.03
NAV (Apr 04)
View Less
Mirae Asset Banking and PSU Fund Direct Growth Calculator
Investment Duration5 years
7,32,612
Total Investment1,09,764
Wealth Gained8,42,376
Total Corpus Created (₹)
With CAGR of 5.803 % in 5 yearsHistorical NAV
₹ 13.0347
NAV (Apr 4)
Fund Returns
Last 1Y | 9% |
Last 3Y | 6.8% |
Last 5Y | - |
Last 10Y | - |
Since Inception | 5.8% |
6 Month CAGR | 4.8% |
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 | 0.34 % |
Launched 4Y ago | 2020-07-24 |
AUM in Crores | 47.9 |
ISIN | INF769K01FY9 |
Lock-in (days) | No Lock-in |
Benchmark | CRISIL Banking and PSU Debt A-II Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 1.2 |
Beta | 2.3 |
Sharpe Ratio | - |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mirae Asset Banking and PSU Fund Direct (G) | 8,63,027 | 1,30,415 | 6.8% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
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 | |
|---|---|---|
₹ 4,714 cr | ||
₹ 15,117 cr | ||
₹ 14,435 cr | ||
₹ 4,444 cr | ||
₹ 7,712 cr |
About the AMC
Mirae Asset Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
6.9% | 6.7% | ||
17.7% | 22.4% | ||
10% | 11.9% | ||
14.7% | 23.3% | ||
14.6% | 14.5% |
Mirae Asset Banking and PSU Fund Direct Growth Calculator
Investment Duration5 years
7,32,612
Total Investment1,09,764
Wealth Gained8,42,376
Total Corpus Created (₹)
With CAGR of 5.803 % in 5 yearsFrequently Asked Questions
What is the expense ratio for Mirae Asset Banking and PSU Fund Direct Plan Growth?
What is the current AUM of Mirae Asset Banking and PSU Fund Direct Growth?
What is the latest NAV of Mirae Asset Banking and PSU Fund Direct Growth?
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What is the asset allocation of Mirae Asset Banking and PSU Fund Direct Plan Growth?
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Does Mirae Asset Banking and PSU Fund Direct Growth have a lock-in period?
Can I invest in both SIP and lump sum options in Mirae Asset Banking and PSU Fund Direct Plan Growth?
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