Mirae Asset Banking and PSU Debt Fund-Dir Growth

Debt · Banking and PSU
 · ★★★
₹ 1,000
Min SIP
₹ 5,000
Min Lumpsum
0.35 %
Expense Ratio
★★★
Rating
93
Fund Size (in Cr)
4 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 3 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 18 August 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 6.2% 4.6% - 4.4%
Category Average 9.1% 20.5% 12.5% -

Scheme Allocation

By Holding
By Sector
By 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%
View all Holdings
Holdings Sector Instrument 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%
NHPC Ltd - - 5.06%
S I D B I - - 5.05%
N A B A R D - - 5.04%
H U D C O - - 5.04%
NTPC - - 5.03%
H P C L - - 5.01%
REC Ltd - - 5.01%
Power Fin.Corpn. - - 4.99%
Natl. Hous. Bank - - 4.98%
O N G C - - 4.93%
Bank of Baroda - - 4.9%
GSEC2027 - - 3.06%
Net CA & Others - - 2.75%
GSEC2029 - - 2%
Others
100%
View all Sectors
Sectors Asset
Corporate Debentures
71.64%
Govt Securities / Sovereign
14.57%
Net Curr Ass/Net Receivables
5.56%
Certificate of Deposit
5.24%
Reverse Repos
2.99%

Advance Ratio

0.29
Alpha
0.47
SD
0.05
Beta
0.81
Sharpe

Exit Load

Exit Load Nil

Fund 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.

Fund Managers

Basant Bafna

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Mirae Asset Mutual Fund
AUM:
1,24,824 Cr
Address:
Unit 606,6th Flr,Windsor Off. CST Road,Kalina, Santacruz(E),Mumbai-400098
Contact:
022-67800300
Email ID:
customercare@miraeasset.com

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Frequently Asked Questions

How to invest in Mirae Asset Banking and PSU Debt Fund-Dir Growth ?

You can invest in Mirae Asset Banking and PSU Debt Fund-Dir Growth 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-Dir Growth 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"

What is the NAV of Mirae Asset Banking and PSU Debt Fund-Dir Growth ?

The NAV of Mirae Asset Banking and PSU Debt Fund-Dir Growth is ₹11.4 as of 18 August 2023.

How to redeem Mirae Asset Banking and PSU Debt Fund-Dir Growth holding ?

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”.

What is the minimum sip amount of Mirae Asset Banking and PSU Debt Fund-Dir Growth?

The minimum SIP amount of Mirae Asset Banking and PSU Debt Fund-Dir Growth is ₹1000

How can I redeem my investments in Mirae Asset Banking and PSU Debt Fund-Dir Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Mirae Asset Banking and PSU Debt Fund-Dir Growth in Scheme, enter the redemption amount, and click on submit button.

How much returns have Mirae Asset Banking and PSU Debt Fund-Dir Growth generated ?

The Mirae Asset Banking and PSU Debt Fund-Dir Growth has delivered 4.4% since inception

What is the expense ratio of Mirae Asset Banking and PSU Debt Fund-Dir Growth ?

The expense ratio of Mirae Asset Banking and PSU Debt Fund-Dir Growth is 0.35 % as of 18 August 2023.

What is the AUM of Mirae Asset Banking and PSU Debt Fund-Dir Growth?

The AUM of Mirae Asset Banking and PSU Debt Fund-Dir Growth is ₹1,24,824 Cr as of 18 August 2023

What are the top stock holdings of Mirae Asset Banking and PSU Debt Fund-Dir Growth?

The top stock holdings of Mirae Asset Banking and PSU Debt Fund-Dir Growth are
  1. I O C L - 7.41%
  2. E X I M Bank - 7.38%
  3. TREPS - 6.15%
  4. GSEC2032 - 6.05%
  5. Power Fin.Corpn. - 5.09%

Can I make investments in both the SIP and Lump Sum schemes of Mirae Asset Banking and PSU Debt Fund-Dir Growth?

Yes, You can select both SIP or Lumpsum investment of Mirae Asset Banking and PSU Debt Fund-Dir Growth based on your investment objective and risk tolerance.
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