Mirae Asset Banking and PSU Fund - Direct Plan IDCW-Reinvestment | Mirae Asset Banking and PSU Fund - Direct Plan NAV Today [13.70], 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

₹ 43.79 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

₹ 43.79 Cr

Debt

152.65%

Money Market & Cash

33.59%

Other Assets & Liabilities

13.74%

Sector Holdings

Sectors	Weightage
Debt	53.45%
Money Market Instruments	17.58%
Government Securities	8.15%
Treps/Reverse Repo	6.01%
Net Receivables/(Payables)	4.85%
Finance - Banks - Private Sector	4.69%
Finance - Term Lending Institutions	4.64%
Others	0.63%

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Stock Holdings

Name	Weightage	Value (in Cr.)	Sector
Axis Bank Ltd. (MD 04/03/2026)	9.11%	₹ 3.99	Others
6.79% Government of India (MD 07/10/2034)	8.15%	₹ 3.57	Others
7.35% Export-Import Bank of India (MD 27/07/2028)	6.92%	₹ 3.03	Others
Kotak Mahindra Bank Ltd. (MD 12/02/2027)	6.42%	₹ 2.81	Others
TREPS	6.01%	₹ 2.63	Others
Net Receivables / (Payables)	4.85%	₹ 2.12	Others
7.97% HDFC Bank Ltd. (MD 17/02/2033)	4.69%	₹ 2.05	Finance - Banks - Private Sector
7.57% Indian Railway Finance Corporation Ltd. (MD 18/04/2029)	4.63%	₹ 2.03	Others
6.44% HDFC Bank Ltd. (MD 27/09/2028)	4.49%	₹ 1.97	Others
7.48% National Bank for Agriculture and Rural Development (MD 15/09/2028)	4.15%	₹ 1.82	Others
7.62% National Bank for Agriculture and Rural Development (MD 10/05/2029)	3.47%	₹ 1.52	Others
7.56% REC Ltd. (MD 31/08/2027)	3.46%	₹ 1.51	Others
7.47% Small Industries Development Bank of India (MD 05/09/2029)	3.46%	₹ 1.52	Others
7.12% Housing and Urban Development Corporation Ltd. (MD 26/12/2034)	3.37%	₹ 1.47	Others
7.85% Power Finance Corporation Ltd. (MD 03/04/2028)	2.33%	₹ 1.02	Finance - Term Lending Institutions
7.74% Power Finance Corporation Ltd. (MD 29/01/2028)	2.32%	₹ 1.01	Others
7.83% Indian Railway Finance Corporation Ltd. (MD 19/03/2027)	2.31%	₹ 1.01	Finance - Term Lending Institutions
7.42% Power Finance Corporation Ltd. (MD 15/04/2028)	2.31%	₹ 1.01	Others
7.56% India Infrastructure Finance Company Ltd. (MD 20/03/2028)	2.31%	₹ 1.01	Others
7.68% Small Industries Development Bank of India (MD 10/08/2027)	2.30%	₹ 1.01	Others
7.22% Export-Import Bank of India (MD 03/08/2027)	2.29%	₹ 1	Others
7.54% Knowledge Realty Trust (MD 08/05/2029)	2.29%	₹ 1	Others
7.15% Mindspace Business Parks Reit (MD 15/11/2030)	2.27%	₹ 0.99	Others
6.87% REC Ltd. (MD 31/05/2030)	2.26%	₹ 0.99	Others
National Bank for Agriculture and Rural Development (MD 10/03/2026)	2.05%	₹ 0.90	Others
7.59% National Housing Bank (MD 08/09/2027)	1.15%	₹ 0.50	Others
Corporate Debt Market Development Fund - Class A2	0.63%	₹ 0.28	Others

See All

Returns

	Annualised returns
	9M	1Y	2Y	3Y
Fund returns	2.65%	7.00%	7.39%	7.47%
Category returns	2.63%	6.56%	13.78%	22.04%

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

[email protected]

Top Funds from Debt - Banking & PSU

Scheme Name	NAV	Returns 1Y 3Y 5Y			AUM (Cr)	Expense Ratio	Risk Meter
Axis Banking & PSU Debt Fund Income Regular	₹1,038.05	-0.09%	0.02%	0.23%	₹12,863	0.62%	Moderate
Axis Banking & PSU Debt Fund Income Regular	₹1,038.05	-0.09%	0.02%	0.23%	₹12,863	0.62%	Moderate
Kotak Banking and PSU Debt Fund - Direct Plan Income Direct	₹70.94	7.82%	25.65%	38.37%	₹5,435	0.40%	Moderate
Franklin India Banking & PSU Debt Fund - Direct Plan Income Direct	₹24.51	7.93%	25.58%	37.07%	₹479	0.19%	Moderate
ICICI Prudential Banking and PSU Debt Fund - Direct Plan Income Direct	₹35.49	7.50%	25.44%	38.97%	₹9,598	0.39%	Moderate
LIC MF Banking & PSU Fund - Direct Plan Income Direct	₹38.91	7.58%	25.15%	35.32%	₹1,869	0.28%	Moderate
LIC MF Banking & PSU Fund - Direct Plan Income Direct	₹14.66	7.58%	25.15%	35.32%	₹1,869	0.28%	Moderate
LIC MF Banking & PSU Fund - Direct Plan Income Direct	₹14.66	7.58%	25.15%	35.32%	₹1,869	0.28%	Moderate
Edelweiss Banking and PSU Debt Fund - Direct Plan Income Direct	₹26.42	7.30%	25.09%	38.75%	₹493	0.39%	Moderate
HDFC Banking and PSU Debt Fund - Direct Plan Income Direct	₹24.85	7.45%	25.04%	36.92%	₹5,620	0.39%	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 Midcap Fund Diversified Regular	₹23.37	0.35%	32.99%	42.68%	₹17,659	1.66%	Very High
Mirae Asset Midcap Fund Diversified Regular	₹23.37	0.35%	32.99%	42.68%	₹17,659	1.66%	Very High
Mirae Asset Balanced Advantage Fund Hybrid Regular	₹13.20	1.61%	30.46%	0.00%	₹2,007	2.05%	Very High
Mirae Asset Balanced Advantage Fund Hybrid Regular	₹13.20	1.61%	30.46%	0.00%	₹2,007	2.05%	Very High
Mirae Asset Focused Fund - Direct Plan MidsmallCap Direct	₹25.10	1.49%	28.43%	52.62%	₹7,271	0.58%	Very High
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund-DP Gilt Direct	₹13.21	7.27%	27.94%	0.00%	₹227	0.11%	Moderate
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund-DP Gilt Direct	₹13.21	7.27%	27.92%	0.00%	₹227	0.11%	Moderate
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund-DP Gilt Direct	₹13.21	7.27%	27.92%	0.00%	₹227	0.11%	Moderate
Mirae Asset Great Consumer Fund Diversified Regular	₹24.11	-3.01%	27.71%	27.16%	₹4,386	1.84%	Very High
Mirae Asset Great Consumer Fund Diversified Regular	₹24.11	-3.01%	27.71%	27.16%	₹4,386	1.84%	Very High

FAQs

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

The current Net Asset Value (NAV) of Mirae Asset Banking and PSU Fund - Direct Plan IDCW-Reinvestment is ₹13.70 as of 06 Mar 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 IDCW-Reinvestment?

The Assets Under Management (AUM) of Mirae Asset Banking and PSU Fund - Direct Plan IDCW-Reinvestment is ₹43.79 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 IDCW-Reinvestment?

Mirae Asset Banking and PSU Fund - Direct Plan IDCW-Reinvestment has delivered returns of 7.00% (1 Year), 7.47% (3 Year), 6.14% (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 IDCW-Reinvestment?

Mirae Asset Banking and PSU Fund - Direct Plan IDCW-Reinvestment 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 IDCW-Reinvestment?

The minimum lumpsum investment required for Mirae Asset Banking and PSU Fund - Direct Plan IDCW-Reinvestment 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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