
Mirae Asset Banking and PSU Debt Fund Direct Growth
Mirae Asset Banking and PSU Debt Fund Direct Growth
as on 12 Nov 2026
Mirae Asset Banking and PSU Debt Fund Direct Growth is a Debt mutual fund scheme launched on 24 Jul 2020. The current NAV stands at ₹14.1005 as of 12 Nov 2026.
Scheme Overview
- Inception Date : 24 Jul 2020
- AUM : ₹38.25 Cr
- 5Y Returns (CAGR) : 5.97%
- Expense Ratio : 0.37%
- Min. SIP : ₹99
- Min. Lumpsum : ₹5,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
5Y
₹ 32.73 L
3.50%
₹ 36.98 L
8.00%
₹ 35.03 L
5.97%
Total Investment
₹ 30,00,000
Returns
₹ 5,03,155 (5.97%)
Maturity Value
₹ 35,03,155
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 38.25 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹38.25 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 15 Jun 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Other | 100.00% |
Stock Holdings
as of 15 Jun 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() T Treps | 10.94% | |
![]() G GOI LOAN 6.48% 2035 | 9.46% | |
![]() K Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | 6.96% | |
![]() I IRFC 7.57% 2029 SR 175 | 4.91% | |
![]() P Power Finance Corporation Limited | 4.89% | |
![]() R RECL-6.52%-31012028-NCD | 4.81% | |
![]() H HDFC Bank Limited | 4.76% | |
![]() N NABARD-7.48%-15092028-NCD | 4.38% | |
![]() N NABARD-7.62%-10052029-NCD | 3.67% | |
![]() N NHB-7.59%-14072027-NCD | 3.66% | |
![]() S SIDBI-7.47%-05092029-NCD | 3.65% | |
![]() H Housing And Urban Development Corporation Limited | 3.56% | |
![]() I Indian Bank | 3.50% | |
![]() N Net Receivables / (Payables) | 2.55% | |
![]() P Power Finance Corporation Limited | 2.46% | |
![]() P PFCL-7.42%-15042028-NCD | 2.44% | |
![]() I IIFCL-7.56%-20032028-NCD | 2.43% | |
![]() S SIDBI-7.68%-10082027-NCD | 2.43% | |
![]() E Export Import Bank Of India | 2.43% | |
![]() K Knowledge Realty TRust | 2.43% | |
![]() R REC 6.95% 2028 SR 251 | 2.42% | |
![]() R RECL-6.87%-31052030-NCD | 2.40% | |
![]() G GOI LOAN 7.34% 2064 | 2.34% | |
![]() I ICICI Bank Limited | 2.32% | |
![]() S Small Industries Dev Bank Of India | 2.31% | |
![]() N NHB-7.59%-08092027-NCD | 1.22% | |
![]() C Corporate Debt Market Development Fund - Class A2# | 0.68% | |
![]() H HDFC Bank Limited | 0.00% |
Fund Comparison
Fund Details
52W High NAV
₹ 14.1131
Min. SIP Amount
₹ 99.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 38.25
Expense Ratio
0.37%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 13.5584
Inception Date
24 Jul 2020
Fund Age
6 Yrs
Benchmark
CRISIL Banking and PSU Debt A-II Index
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- No charges for withdrawal
Tax Implication
- Returns to be taxed as per your normal Income Tax slab.
Fund Managers
| Name | Qualification |
|---|---|
| Kruti Chheta | Masters in Management Studies (Finance) & Bachelor in Accounts and Finance |
Fund 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.
Risk-O-Meter
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
No. of Schemes
52
Total AUM
₹ 2,05,270.73 Cr
Contact Details
Unit 606,6th Flr,WindsorOff. CST Road,Kalina,Santacruz(E),Mumbai-400098
Contact Details
Unit 606,6th Flr,WindsorOff. CST Road,Kalina,Santacruz(E),Mumbai-400098
FAQs
When was Mirae Asset Banking and PSU Debt Fund launched?
What is the current NAV of Mirae Asset Banking and PSU Debt Fund?
What is the AUM of Mirae Asset Banking and PSU Debt Fund?
What is the rate of return of Mirae Asset Banking and PSU Debt Fund?
- In the past 1Y: 4.06%
- In the past 3Y: 6.86%
- In the past 5Y: 5.97%
What is the expense ratio of Mirae Asset Banking and PSU Debt Fund?
What is exit load of Mirae Asset Banking and PSU Debt Fund?
How risky is investing in Mirae Asset Banking and PSU Debt Fund?
Who is the fund manager Mirae Asset Banking and PSU Debt Fund?
What is the minimum investment required in Mirae Asset Banking and PSU Debt Fund?
How to invest in Mirae Asset Banking and PSU Debt Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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