MJ
Mahendra JajooFund Manager Since 24 Jul 2020
Fixed IncomeBanking & PSU
Mirae Asset Banking and PSU Fund Direct Growth
3Y Annualised
7.72%
0.07% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
-0.13%
0.07% 1D
Benchmark
Nifty 50 Index Fund
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
9 years 4 months
NIFTY 50
4 years 1 months
FD
9 years 7 months
Fund info
Fund size
₹47.74 Cr
Min. SIP amount
₹1000
Min. Lumpsum amount
₹5000
Exit load
0%
Nil
Risk Profile
Low to Moderate Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
ICICI Prudential Banking and PSU Debt Fund Bonus
2.46%
2nd
ICICI Prudential Banking and PSU Debt Fund Retail Plan Growth
2.42%
3rd
ICICI Prudential Banking and PSU Debt Fund Retail Plan Daily Payout of Inc Dist cum Cap Wdrl
2.28%
4th
ICICI Prudential Banking and PSU Debt Fund Retail Plan Daily Rnvstmnt of Inc Dist cum Cap Wdrl
2.28%
5th
PGIM India Banking and PSU Debt Fund Direct Plan Quarterly Reinvestment of Inc Dist cum cap wdrl
0.89%
227th
Mirae Asset Banking and PSU Fund Direct Growth
-0.13%
Fund Managers
About Mirae Asset Banking and PSU Fund Direct Growth
Mirae Asset Banking and PSU Fund Direct Growth is a Fixed Income mutual fund scheme from Mirae Asset Investment Managers (India) Private Limited. This fund has been in existence for 4 years, having been launched on 2020-07-24. Mirae Asset Banking and PSU Fund Direct Growth has ₹47.74 Cr worth of assets under management (AUM) as of Wed Jul 02 2025. The latest Net Asset Value (NAV) of Mirae Asset Banking and PSU Fund Direct Growth as of Tue Jul 01 2025 is ₹13.3013. The fund has an expense ratio of 0.35%, which is medium comparable to most other Fixed Income funds.
Mirae Asset Banking and PSU Fund Direct Growth returns for the last 1 year are 9.37%. Since launch, it has delivered 5.93% average annual returns.
The Mirae Asset Banking and PSU Fund Direct Growth has the majority of its money invested in null sectors.
Top 5 Holdings of Mirae Asset Banking and PSU Fund Direct Growth.
- 6.79% Govt Stock 2034: 13.08%
- Export Import Bank Of India: 7.52%
- Mahanagar Telephone Nigam Limited: 6.07%
- 7.34% Govt Stock 2064: 5.97%
- Indian Railway Finance Corporation Limited: 4.32%
AMC Information
| Name | Mirae Asset Investment Managers (India) Private Limited |
|---|---|
| Founding Date | 2020-07-24 |
| Phone | |
| Website | |
| Address | null |
Tax Implications of Mirae Asset Banking and PSU Fund Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from Mirae Asset Investment Managers (India) Private Limited
Mirae Asset Low Duration Fund - Regular Low Duration Plan Growth
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3Y CAGR
6.97%
expense ratio
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fund size
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Mirae Asset Low Duration Fund Regular Plan Growth
Fixed IncomeLow Duration
3Y CAGR
6.33%
expense ratio
0.85%
fund size
₹1838.28 Cr
Mirae Asset Dynamic Bond Fund Regular Growth
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3Y CAGR
6.92%
expense ratio
1.02%
fund size
₹120.63 Cr
Mirae Asset Dynamic Bond Fund Direct Growth
Fixed IncomeDynamic Bond
3Y CAGR
7.90%
expense ratio
0.16%
fund size
₹120.63 Cr
Mirae Asset Large & Midcap Fund Direct Plan Growth
EquityLarge & Mid-Cap
3Y CAGR
21.72%
expense ratio
0.61%
fund size
₹39459.25 Cr
FAQs
What is the current NAV of Mirae Asset Banking and PSU Fund Direct Growth?
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What is the PE and PB ratio of Mirae Asset Banking and PSU Fund Direct Growth?
What are the top 5 holdings of Mirae Asset Banking and PSU Fund Direct Growth?
What are the top 3 sectors that Mirae Asset Banking and PSU Fund Direct Growth has invested in?
Who is the manager of Mirae Asset Banking and PSU Fund Direct Growth?
What is the exit load of Mirae Asset Banking and PSU Fund Direct Growth?
How to Redeem Mirae Asset Banking and PSU Fund Direct Growth?
Can I invest in SIP and a Lump Sum of Mirae Asset Banking and PSU Fund Direct Growth?
