Mirae Asset Banking and PSU Debt Fund - Direct Plan - IDCW

Mirae Asset Mutual Fund · Banking and PSU Fund · Direct · IDCW3/5 ★

NAV · as of 11/09/2026

14.04

-0.12%

+4.92%

Key stats

Expense ratio: 0.31%
AUM: ₹40.10 Cr
Launched: 24/07/2020
Fund manager: Kruti Chheta
Risk: Low to Moderate Risk
Min lump-sum: ₹5,000
Min SIP: ₹99/mo
Fresh lump-sum: Accepted
Fresh SIP: Accepted

NAV history

Mirae Asset Banking and PSU Debt Fund - Direct Plan - IDCW

12/08/2026 to 11/09/2026

O - H - L -

1W-0.03%

1M0.00%

3M+1.35%

6M+2.62%

1Y+4.92%

3Y+6.97%

5Y+5.92%

MAX+40.40%

Top holdings

31 disclosed

1.
Treps
11.12%
2.
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
7.21%
3.
6.9% Govt Stock 2065
6.84%
4.
Indian Railway Finance Corporation Limited - NCD & Bonds - NCD & Bonds
5.04%
5.
Power Finance Corporation Limited - NCD & Bonds - NCD & Bonds
5.01%
6.
Export Import Bank Of India - NCD & Bonds - NCD & Bonds
5.01%
7.
HDFC Bank Limited - NCD & Bonds - NCD & Bonds
4.89%
8.
HDFC Bank Limited - NCD & Bonds - NCD & Bonds
4.27%
9.
National Bank For Agriculture And Rural Development - NCD & Bonds - NCD & Bonds
3.76%
10.
Small Industries Development Bank Of India - NCD & Bonds - NCD & Bonds
3.75%
11.
Rec Limited - NCD & Bonds - NCD & Bonds
3.70%
12.
Housing And Urban Development Corporation Limited - NCD & Bonds - NCD & Bonds
3.68%
13.
Indian Bank
3.63%
14.
Net Receivables / (Payables)
2.98%
15.
India Infrastructure Finance Company Limited - NCD & Bonds - NCD & Bonds
2.50%
16.
Small Industries Development Bank Of India - NCD & Bonds - NCD & Bonds
2.50%
17.
Power Finance Corporation Limited - NCD & Bonds - NCD & Bonds
2.50%
18.
Export Import Bank Of India - NCD & Bonds - NCD & Bonds
2.50%
19.
Knowledge Realty TRust - NCD & Bonds - NCD & Bonds
2.49%
20.
Rec Limited - NCD & Bonds - NCD & Bonds
2.48%
21.
National Bank For Agriculture And Rural Development - NCD & Bonds - NCD & Bonds
2.48%
22.
Rec Limited - NCD & Bonds - NCD & Bonds
2.46%
23.
6.48% Govt Stock 2035
2.44%
24.
7.34% Govt Stock 2064
2.42%
25.
ICICI Bank Limited
2.41%
26.
Export Import Bank Of India - NCD & Bonds - NCD & Bonds
1.25%
27.
Corporate Debt Market Development Fund - Class A2#
0.71%
28.
National Housing Bank - NCD & Bonds - NCD & Bonds
-
29.
Small Industries Development Bank Of India - NCD & Bonds - NCD & Bonds
-
30.
HDFC Bank Limited
-
31.
National Housing Bank - NCD & Bonds - NCD & Bonds
-

Sector allocation

Unclassified100.00%

Comparable peers

Franklin India Banking & PSU Debt IDCW Payout Direct Plan
Franklin Banking & PSU Debt IDCW Payout (DP) · ₹585.10 Cr AUM
1Y+6.55%
3Y+7.47%
-
Franklin India Banking & PSU Debt IDCW Payout Direct Plan
Franklin Banking & PSU Debt IDCW Payout (DP) · ₹585.10 Cr AUM
1Y+6.55%
3Y+7.47%
-
UTI Banking & PSU Debt Half Yearly IDCW Payout Direct Plan
UTI Banking & PSU Debt Half Yearly IDCW Payout (DP) · ₹1.48 K Cr AUM
1Y+6.27%
3Y+7.48%
-
UTI Banking & PSU Debt Half Yearly IDCW Reinvest Direct Plan
UTI Banking & PSU Debt Half Yearly IDCW Reinvest (DR) · ₹1.48 K Cr AUM
1Y+6.27%
3Y+7.48%
-
Mirae Asset Banking & PSU Debt IDCW Reinvest Direct Plan
Mirae Banking & PSU Debt IDCW Reinvest (DR) · ₹40.10 Cr AUM
1Y+5.08%
3Y+6.99%
-

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.

Scheme details

Scheme code: 148417
Fund house: Mirae Asset Mutual Fund
Category: Open Ended
Type: Income/Debt Oriented Schemes
Sub-category: Banking and PSU Fund
Plan: Direct
Return type: IDCW
ISIN (Growth): INF769K01FX1
ISIN (Div. Reinvest): INF769K01FZ6
Tradable on exchange: No

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