Mirae Asset Banking and PSU Fund-Reg (IDCW)

DebtBanking and PSU Fund

Last Updated NAV Date: 02 Jun 2026

3 Year Returns

6.13%

NAV (₹)

13.3837

1 Day NAV Change

0.08%

No chart data available for this period.

Fund Details

Min. SIP Amount₹ 99
Min. Lumpsum Amount₹ 5000
AUM₹ 41.60 Cr
Expense Ratio0.81%
Lock-in PeriodNo Lock-in Period
Inception Date24 Jul 2020
Fund Age5 Yrs

Exit Load

Nil

Fund’s 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.

Calculate Your Mutual Fund Returns

Calculator

Returns Estimator

Estimation is based on the past performance

Expected Rate of Return

The value of your investment after 5 Years will be

4,12,432

Invested Amount

3,00,000

Est. Returns

1,12,432

Scheme’s Historical Return

1 Month Return0.34%
3 Month Return0.10%
6 Month Return0.85%
1 Year Return2.73%
3 Year Return6.13%
5 Year Return5.32%

Asset Allocation

AUM

₹1,33,309.00 Cr

Cash Holdings

21.45%

Equity

70.84%

Cash

21.45%

Debt

1.71%

Other

6%

Sector Holdings

Last Updated: N/A
SectorsAllocationWeightageValue (in Cr.)
Others
100.00%41.603

Stock Holdings

Last Updated: 15 May 2026
NameAllocationWeightageValue (in Cr.)Sector
GSEC2035 6.48
9.24%3.845Govt. Securities
TREPS
8.67%3.608Debt Others
Canara Bank
7.19%2.991Debt Others
Kotak Mah. Bank
6.84%2.844Debt Others
HDFC Bank
4.83%2.011Debt Others
Power Fin.Corpn.
4.82%2.004Debt Others
I R F C
4.81%2.001Debt Others
HDFC Bank
4.67%1.941Debt Others
N A B A R D
4.30%1.79Debt Others
Natl. Hous. Bank
3.61%1.501Debt Others

Fund Manager Details

Ms. Kruti Chheta has over 7 years of experience in the fixed income market and has been associated with Mirae Asset Investment Managers (India) Private Ltd. for over 4 years as a fixed income analyst. Her responsibilities as part of the investment team included leading the research for managing debt funds. Prior to joining the AMC, Ms. Chheta has been associated with AK Capital and Shriram Wealth Advisors. At AK Capital, Ms. Chheta was a Fixed Income Analyst for the tenure of 1 year in a client advisory role, assisting large pension funds with research on fixed income investment opportunities. At Shriram Wealth Advisors, Ms. Chheta was a Research Analyst for tenure of 2 years advising Shriram Life Insurance Company. Masters in Management Studies (Finance) & Bachelor in Accounts and Finance

Risk-O-Meter

Moderate

Investors understand that their principal will be at moderate risk

Risk Scale

Low
Moderately Low
Moderate
Moderately High
High
Very High

AMC Information

Mirae Asset Mutual Fund

Funds Managed

95

Assets Managed

₹ 2,27,883.54 Cr

Contact Details

Registered Address

Unit 606,6th Flr,WindsorOff. CST Road,Kalina,Santacruz(E),Mumbai-400098

Managing Director

N/A

Chief Executive Officer

Swarup Anand Mohanty

Compliance Officer

Rimmi Jain

Disclaimer

The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...

Frequently Asked Questions

The Net Asset Value (NAV) of Mirae Asset Banking and PSU Fund-Reg (IDCW) is updated at the end of every business day. You can check the latest NAV in the header section of this page.
You can invest in Mirae Asset Banking and PSU Fund-Reg (IDCW) online through the Anand Rathi AR Invest app or website. Simply log in, complete your KYC if not already done, and choose between SIP or Lumpsum investment modes.
Exit load varies by scheme. For Mirae Asset Banking and PSU Fund-Reg (IDCW), please refer to the "Fund Details" section above to see if any exit load applies for early redemptions.
Mutual funds are generally suitable for long-term wealth creation. However, suitability depends on your individual risk appetite and financial goals. You should review the riskometer and fund performance before investing.
Once you invest, you can track your portfolio performance, NAV changes, and transaction history in real-time through the AR Invest dashboard.

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