What is the NAV of Mirae Asset Banking and PSU Fund?
The Current NAV of Mirae Asset Banking and PSU Fund is ₹12.97, as of 13th June 2025What are the returns of Mirae Asset Banking and PSU Fund?
The Mirae Asset Banking and PSU Fund has been there since 24th July 2020- 1 Year Returns: 8.93
- 3 Year Returns: 7.24
What are the top 5 sectors holdings of Mirae Asset Banking and PSU Fund?
The top sectors Mirae Asset Banking and PSU Fund has invested in are as for 24th 07 2020 are as follows -- Public Banks | 32.75%
- Consumer Finance | 22.48%
- G-Sec | 21.43%
- Others | 7.05%
- Telecom Services | 6.14%
What are the top 5 holdings Mirae Asset Banking and PSU Fund?
The top 5 holdings for Mirae Asset Banking and PSU Fund are- 6.79% Government of India (07/10/2034) | 13.13%
- 7.4% Export Import Bank of India (14/03/2029) ** | 7.55%
- 6.85% Mahanagar Telephone Nigam Limited (20/12/2030) ** | 6.14%
- 7.34% Government of India (MD 22/04/2064) | 6.13%
- 7.57% IRFC Ltd Sr 175 NCD (MD 18/04/2029) | 4.33%
What is the asset allocation of Mirae Asset Banking and PSU Fund?
The Mirae Asset Banking and PSU Fund is a plan that invests- Corporate Debt | 74.08%
- Government Securities | 21.43%
- Cash & Equivalents | 3.94%
- N/A | 0.56%
How to invest in Mirae Asset Banking and PSU Fund?
If you wish to invest in Mirae Asset Banking and PSU Fund Plan via smallcase, you can follow these quick and easy steps -- Log in to smallcase
- Search and select the Mirae Asset Banking and PSU Fund
- Complete filling your details and KYC
- Enter the Amount and type of investment (SIP or Lumpsum)
- And Voila! your SIP or Lumpsump investment in Mirae Asset Banking and PSU Fund is completed
You can also calculate the returns on your investment based on our smallcase Lumpsum & SIP Calculator.
What is the AUM of Mirae Asset Banking and PSU Fund?
The AUM of Mirae Asset Banking and PSU Fund is 47.74 Cr as of 13th June 2025What is the expense ratio of Mirae Asset Banking and PSU Fund Plan?
The expense ratio of Mirae Asset Banking and PSU Fund Plan is 0.81How to exit Mirae Asset Banking and PSU Fund?
If you have invested in Mirae Asset Banking and PSU Fund, then simply visit your investment and you will find an option to exit the funds or invest more. Please click on 'exit' and add the amount or units. In case you want to exit from all units, you can simply click on the checkbox option shown.What is the alpha of Mirae Asset Banking and PSU Fund?
The alpha ratio for the Mirae Asset Banking and PSU Fund is 0.19
Alpha is the excess return of a fund compared to its expected return based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.
What is the Volatility or Standard Deviation of Mirae Asset Banking and PSU Fund?
The volatility or standard deviation for the Mirae Asset Banking and PSU Fund is 1.16
Standard Deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.
What is the sharpe ratio of Mirae Asset Banking and PSU Fund?
The sharpe ratio for the Mirae Asset Banking and PSU Fund is 4.07
The Sharpe Ratio is a measure of risk-adjusted return that evaluates the performance of an investment, such as a mutual fund, by adjusting for its risk. Higher Sharpe Ratio, indicates a better risk-adjusted performance. A positive Sharpe Ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe Ratio suggests that the MF did not adequately compensate for the risk.
What is the Sortino ratio of Mirae Asset Banking and PSU Fund?
The Sortino ratio for the Mirae Asset Banking and PSU Fund is 0.53
The Sortino ratio is a measure of risk-adjusted return for an investment, such as a mutual fund.
What is the Price to Earnings (PE) of Mirae Asset Banking and PSU Fund?
The PE ratio (price-to-earnings) of the Mirae Asset Banking and PSU Fund is N/A while category PE ratio is N/A1. Test MF FAQ for Mutual Fund Mirae Asset Banking and PSU Fund Shares?
The Current NAV of Mirae Asset Banking and PSU Fund is ₹12.97, as of 13th June 20255. Test MF FAQ Is there any lock-in period for Mirae Asset Banking and PSU Fund Plan?
There is a lock in period of N/A for Mirae Asset Banking and PSU Fund
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Mirae Asset Banking and PSU Fund Standard Growth
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Mirae Asset Banking and PSU Fund Performance & Key Metrics
Mirae Asset Banking and PSU Fund Performance & Key Metrics
| Expense RatioExpense Ratio | No LabelNo Label | No LabelNo Label |
|---|---|---|
| 0.81 | 6.59 | 4.07 |
| No LabelNo Label | No LabelNo Label | No LabelNo Label |
|---|---|---|
| 0.50 | 6.55 | 4.83 |
Mirae Asset Banking and PSU Fund Scheme InfoMirae Asset Banking and PSU Fund Scheme Info
| PlanPlan | Lock inLock in | Exit LoadExit Load |
|---|---|---|
| Growth | 0 yrs | 0.00% |
| SIP Inv.SIP Inv. | Min. LumpsumMin. Lumpsum |
|---|---|
| Allowed | ₹ 5,000 |
| BenchmarkBenchmark |
|---|
| CRISIL Banking and PSU Debt Index |
About Banking & PSU Fund
About Banking & PSU Fund
Banking and PSU funds are the debt funds that lend money to banks and public sector companies only. The risk of default is less as the borrowers are of high quality. The performance also depends on the interest rates in the economy.
Mirae Asset Banking and PSU Fund Portfolio
What are constituents?
What are constituents?
Mutual fund constituents are the various stocks, bonds, and other securities held within a fund. The size and mix of holdings depend on the category or type of fund. The holding analysis can give valuable understanding regarding the diversification of the fund.
Mirae Asset Banking and PSU Fund Asset Allocation
Mirae Asset Banking and PSU Fund Asset Allocation
Actual
Target
Sep 2024
Dec 2024
Mar 2025
May 2025
Sep 2024
Dec 2024
Mar 2025
May 2025
Mirae Asset Banking and PSU Fund Sector Distribution
Mirae Asset Banking and PSU Fund Sector Distribution
Sep 2024
Dec 2024
Mar 2025
May 2025
Mirae Asset Banking and PSU Fund Sector Weightage
Mirae Asset Banking and PSU Fund Sector Weightage
Mirae Asset Banking and PSU Fund Current Holdings
Mirae Asset Banking and PSU Fund Current Holdings
Debt
Others
- ConstituentHolding Weight3M Change
Holdings
13.13 %
-2.07 %Holdings
7.55 %
0.23 %Holdings
6.14 %
0.22 %
AMC Profile of Mirae Asset Banking and PSU Fund
AMC Profile of Mirae Asset Banking and PSU Fund
Mirae Asset Financial Group is one of the key players in the Asian financial market. Its asset management wing, the Mirae Asset Global Investments, commenced operation in 1997 and has expanded its business globally in a relatively short span of time.
Mirae Asset Financial Group is one of the key players in the Asian financial market. Its asset management wing, the Mirae Asset Global Investments, commenced operation in 1997 and has expanded its business globally in a relatively short span of time.
No.of Schemes
46
Total AUM
₹ 1,89,764.44 Cr.
Mirae Asset Banking and PSU Fund Manager Details
Mirae Asset Banking and PSU Fund Manager Details
Mirae Asset Banking and PSU Fund Manager Profile
Mirae Asset Banking and PSU Fund Manager Profile
Kruti Chheta
AUM: ₹134.57 Cr.
|
Exp: 7yrs
Qualification
MMS, B.Com
Past Experience
Ms. Kruti Chheta has over 7 years of experience in fixed income market & has been associated with Mirae Asset Investment Managers (India) Pvt 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 fund.Prior to joining the AMC, Ms. Chheta has been associated with AK Capital and Shriram Wealth Advisors. At AK Capital, Ms. Chheta was 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 2Y advising Shriram Life Ins co.
Funds Managed (6)
Mirae Asset Banking and PSU Fund Manager Performance (0)
Mirae Asset Banking and PSU Fund Manager Performance (0)
Mirae Asset Banking and PSU Fund Tax Implications
Mirae Asset Banking and PSU Fund Tax Implications
Investment frequency
Monthly
One Time
Monthly Investment Amt. (₹)
Investment period (years)
You make
Gains are added to taxable income and taxed according to the individual’s income tax slab
Gains are added to taxable income and taxed according to the individual’s income tax slab
Gains are treated as long-term capital gains and taxed at 12.5%