Mirae Asset Banking and PSU Fund - Direct Plan Growth | Mirae Asset Banking and PSU Fund - Direct Plan NAV Today [13.60], Performance & History

Mirae Asset Banking and PSU Fund - Direct Plan is a Debt mutual fund categorized under Income, offered by Mirae Asset Global Investments (India) Pvt. Ltd.. Launched on 08 Jul 2020, investors can start ... Read more

NAV History

Fund Details

Min. SIP Amount

₹99

Inception Date

08 Jul 2020

Min. Lumpsum Amount

₹ 5,000

Fund Age

5 Yrs

AUM

₹ 44.28 Cr.

Benchmark

CRISIL Banking and PSU Debt A-II Index

Expense Ratio

0.35%

Scheme Type

Open Ended

Exit Load

Nil%

Returns Calculator

Investment amount per month

₹1,000

Over the past

Would have become

On total investment of

*Calculation based on past performance of this fund.

Asset Allocation

AUM

₹ 44.28 Cr

Debt

81.72%

Money Market & Cash

10%

Other Assets & Liabilities

8.26%

Sector Holdings

Sectors	Weightage
Debt	67.66%
Treps/Reverse Repo	10.00%
Government Securities	9.77%
Certificate of Deposits	4.14%
Net Receivables/(Payables)	3.56%
Finance - Term Lending Institutions	2.16%
Finance & Investments	2.13%
Others	0.56%

See All

Stock Holdings

Name	Weightage	Value (in Cr.)	Sector
TREPS	10.00%	₹ 4.75	Others
6.79% Government of India (MD 07/10/2034)	9.77%	₹ 4.65	Others
7.59% National Housing Bank (MD 14/07/2027)	6.43%	₹ 3.06	Others
7.35% Export-Import Bank of India (MD 27/07/2028)	6.43%	₹ 3.06	Others
7.57% Indian Railway Finance Corporation Ltd. (MD 18/04/2029)	4.31%	₹ 2.05	Others
6.24% State Bank of India( Tier II Bond under Basel III ) (MD 20/09/2030)	4.21%	₹ 2	Others
Axis Bank Ltd. (MD 18/11/2025)	4.14%	₹ 1.97	Others
6.44% HDFC Bank Ltd. (MD 27/09/2028)	4.14%	₹ 1.97	Others
7.48% National Bank for Agriculture and Rural Development (MD 15/09/2028)	3.86%	₹ 1.83	Others
Net Receivables / (Payables)	3.56%	₹ 1.69	Others
7.62% National Bank for Agriculture and Rural Development (MD 10/05/2029)	3.23%	₹ 1.54	Others
7.47% Small Industries Development Bank of India (MD 05/09/2029)	3.22%	₹ 1.53	Others
7.56% REC Ltd. (MD 31/08/2027)	3.21%	₹ 1.53	Others
7.11% Small Industries Development Bank of India (MD 27/02/2026)	3.17%	₹ 1.51	Others
7.12% Housing and Urban Development Corporation Ltd. (MD 26/12/2034)	3.16%	₹ 1.50	Others
7.85% Power Finance Corporation Ltd. (MD 03/04/2028)	2.16%	₹ 1.03	Finance - Term Lending Institutions
7.42% Power Finance Corporation Ltd. (MD 15/04/2028)	2.14%	₹ 1.02	Others
7.53% National Bank for Agriculture and Rural Development (MD 24/03/2028)	2.14%	₹ 1.02	Others
7.41% Power Finance Corporation Ltd. (MD 15/05/2030)	2.14%	₹ 1.02	Others
7.56% India Infrastructure Finance Company Ltd. (MD 20/03/2028)	2.13%	₹ 1.01	Others
7.70% REC Ltd. (MD 31/08/2026)	2.13%	₹ 1.01	Others
7.77% Power Finance Corporation Ltd. (MD 15/07/2026)	2.13%	₹ 1.01	Others
7.22% Export-Import Bank of India (MD 03/08/2027)	2.13%	₹ 1.01	Others
7.13% State Government of Karnataka (MD 20/08/2034)	2.13%	₹ 1.01	Finance & Investments
6.87% REC Ltd. (MD 31/05/2030)	2.10%	₹ 1	Others
6.52% Housing and Urban Development Corporation Ltd. (MD 06/06/2028)	2.09%	₹ 1	Others
6.65% Indian Railway Finance Corporation Ltd. (MD 20/05/2030)	2.09%	₹ 0.99	Others
7.59% National Housing Bank (MD 08/09/2027)	1.07%	₹ 0.51	Others
Corporate Debt Market Development Fund - Class A2	0.56%	₹ 0.27	Others

See All

Returns

	Annualised returns
	9M	1Y	2Y	3Y
Fund returns	3.35%	6.64%	7.59%	7.39%
Category returns	2.85%	6.27%	14.20%	21.58%

AMC Details

Name

Mirae Asset Global Investments (India) Pvt. Ltd.

Date of Incorporation

30 Nov 2007

CEO

Mr. Swarup Anand Mohanty

CIO

Mr. Neelesh Surana, Mr. Mahendra Kumar Jajoo

Type

Foreign

Address

Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), Mumbai, Maharashtra, India - 400098

Website

http://www.miraeassetmf.co.in

customercare@miraeasset.com

Top Funds from Debt - Banking & PSU

Scheme Name	NAV	Returns 1Y 3Y 5Y			AUM (Cr)	Expense Ratio	Risk Meter
ICICI Prudential Banking and PSU Debt Fund - Direct Plan Income Direct	₹35.26	7.43%	25.48%	37.92%	₹9,715	0.39%	Moderate
Kotak Banking and PSU Debt Fund - Direct Plan Income Direct	₹70.35	7.41%	25.40%	36.39%	₹5,530	0.40%	Moderate
Franklin India Banking & PSU Debt Fund - Direct Plan Income Direct	₹24.32	7.89%	25.15%	35.49%	₹483	0.19%	Moderate
Sundaram Banking & PSU Fund - Direct Plan FRF-ST Direct	₹21.90	9.39%	24.96%	32.40%	₹376	0.27%	Moderate
LIC MF Banking & PSU Fund - Direct Plan Income Direct	₹38.63	7.25%	24.74%	34.15%	₹1,873	0.28%	Moderate
LIC MF Banking & PSU Fund - Direct Plan Income Direct	₹14.55	7.25%	24.74%	34.15%	₹1,873	0.28%	Moderate
LIC MF Banking & PSU Fund - Direct Plan Income Direct	₹14.55	7.25%	24.74%	34.15%	₹1,873	0.28%	Moderate
HDFC Banking and PSU Debt Fund - Direct Plan Income Direct	₹24.65	7.06%	24.63%	35.21%	₹5,666	0.39%	Moderate
Nippon India Banking and PSU Fund - Direct Plan Income Direct	₹22.12	6.89%	24.45%	35.18%	₹5,444	0.38%	Moderate
Nippon India Banking and PSU Fund - Direct Plan Income Direct	₹22.12	6.89%	24.45%	35.15%	₹5,444	0.38%	Moderate

Top Funds from Mirae Asset Global Investments (India) Pvt. Ltd.

Scheme Name	NAV	Returns 1Y 3Y 5Y			AUM (Cr)	Expense Ratio	Risk Meter
Mirae Asset Healthcare Fund - Direct Plan Sector Direct	₹24.64	-13.66%	29.93%	31.80%	₹2,771	0.48%	Very High
Mirae Asset Healthcare Fund - Direct Plan Sector Direct	₹24.64	-13.66%	29.93%	31.80%	₹2,771	0.48%	Very High
Mirae Asset Equity Savings Fund - Direct Plan Hybrid Direct	₹13.38	-6.51%	0.27%	3.83%	₹1,865	0.37%	Moderately High
Mirae Asset Equity Savings Fund - Direct Plan Hybrid Direct	₹13.38	-6.51%	0.27%	3.83%	₹1,865	0.37%	Moderately High
Mirae Asset Focused Fund - Direct Plan MidsmallCap Direct	₹24.68	4.55%	28.90%	67.87%	₹7,785	0.59%	Very High
Mirae Asset Focused Fund - Direct Plan MidsmallCap Direct	₹24.68	4.55%	28.90%	67.87%	₹7,785	0.59%	Very High
Mirae Asset Midcap Fund - Direct Plan Diversified Direct	₹26.02	-2.35%	28.58%	74.76%	₹18,409	0.57%	Very High
Mirae Asset Midcap Fund - Direct Plan Diversified Direct	₹26.02	-2.35%	28.58%	74.76%	₹18,409	0.57%	Very High
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund-DP Gilt Direct	₹13.08	6.80%	27.41%	0.00%	₹226	0.12%	Moderate
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund-DP Gilt Direct	₹13.08	6.79%	27.38%	0.00%	₹226	0.12%	Moderate

FAQs

What is the current NAV of Mirae Asset Banking and PSU Fund - Direct Plan Growth?

The current Net Asset Value (NAV) of Mirae Asset Banking and PSU Fund - Direct Plan Growth is ₹13.60 as of 30 Jan 2026. NAV represents the per-unit market value of the fund and is updated daily based on the closing prices of the underlying securities.

What is the fund size (AUM) of Mirae Asset Banking and PSU Fund - Direct Plan Growth?

The Assets Under Management (AUM) of Mirae Asset Banking and PSU Fund - Direct Plan Growth is ₹44.28 Crores. AUM indicates the total market value of assets managed by the fund and reflects investor confidence and fund popularity.

What are the historical returns of Mirae Asset Banking and PSU Fund - Direct Plan Growth?

Mirae Asset Banking and PSU Fund - Direct Plan Growth has delivered returns of 6.64% (1 Year), 7.39% (3 Year), 5.92% (5 Year). Past performance does not guarantee future results, and investors should consider their risk appetite before investing.

What is the risk level of Mirae Asset Banking and PSU Fund - Direct Plan Growth?

Mirae Asset Banking and PSU Fund - Direct Plan Growth has a risk rating of 'Moderate' as per the SEBI Riskometer. This indicates the fund is suitable for investors with balanced risk appetite. Investors should align their investment choices with their personal risk tolerance and financial goals.

What is the minimum investment amount for Mirae Asset Banking and PSU Fund - Direct Plan Growth?

The minimum lumpsum investment required for Mirae Asset Banking and PSU Fund - Direct Plan Growth is ₹5,000. The fund also offers SIP (Systematic Investment Plan) option starting from as low as ₹99, making it accessible for regular investments. This allows investors to start their mutual fund journey with a manageable amount.

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