Mirae Asset Banking and PSU Fund · Regular · Growth
NAV
₹13.5090
as of 17 Jun 2026
Expense Ratio
0.81%
AUM
₹44 Cr
Lumpsum returns (CAGR)
- 1Y
- +3.92%
- 3Y
- +6.46%
- 5Y
- +5.49%
- Since Inception
- +5.23%
SIP returns (XIRR)
- 1Y
- +4.28%
- 3Y
- +6.12%
- 5Y
- +6.07%
- Since Inception
- +5.85%
SIP since inception — what ₹500/month became
Real NAV backtest from day one
₹35,500
Invested
₹42,145
Value today
5.8%
XIRR (p.a.)
₹500/month SIP from fund inception · Current value as of today
Try SIP Calculator with this fund's history₹1,000 lumpsum at launch — value today
Invested on the fund's first NAV date
₹1,000
Invested
₹1,348
Value today
5.2%
CAGR (p.a.)
One-time investment at fund inception · Growth purely from NAV appreciation
Try Lumpsum Calculator₹10L corpus with ₹5,000/month withdrawals since inception
Corpus is still growing despite monthly payouts
₹10,00,000
Initial corpus
₹3,55,000
Withdrawn
₹9,26,742
Corpus left
+₹2,81,742 net gain — withdrew ₹3,55,000 AND corpus grew
Plan your SWP with real NAV₹1 lakh on the worst crash day — 03 Jun 2024
Worst single-day Nifty drop during this fund's life
₹1,00,000
Invested
₹1,13,301
Value today
1.1×
Multiple
Staying invested through that crash turned ₹1L into ₹1,13,301 — a 1.1× return
Read: Staying invested through crashesRisk Metrics
Trailing 1 year, annualised-0.20
Sharpe Ratio
—
Alpha
—
Beta
-0.21
Sortino
1.31%
Std Dev
-0.74%
Max Drawdown
Performance Comparison
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Fund Details
Available transactions
Portfolio holdings
- 16.48% Government Of India (Md 06/10/2035)10.06%
- 27.35% Export-Import Bank Of India (Md 27/07/2028)**6.96%
- 3Canara Bank (Md 03/06/2026)#6.88%
- 4Kotak Mahindra Bank Ltd. (Md 12/02/2027)**#6.56%
- 57.97% Hdfc Bank Ltd. (Md 17/02/2033)**4.69%
- 67.57% Indian Railway Finance Corporation Ltd. (Md 18/04/2029)**4.65%
- 76.44% Hdfc Bank Ltd. (Md 27/09/2028)**4.52%
- 87.48% National Bank For Agriculture And Rural Development (Md 15/09/2028)4.17%
- 97.62% National Bank For Agriculture And Rural Development (Md 10/05/2029)3.49%
- 107.47% Small Industries Development Bank Of India (Md 05/09/2029)3.47%
Investment Objective
Mirae Asset Banking and PSU Fund · Regular · Growth by Mirae Asset Mutual Fund is a Banking & PSU Debt fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Banking & PSU Debt category.
About This Fund
Mirae Asset Banking and PSU Fund · Regular · Growth is a Banking & PSU Debt mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 5 years. It manages assets worth ₹43.8 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY Banking & PSU Debt Index. The current expense ratio is 0.81%.
Who Should Invest?
- •Investors with a high risk appetite seeking long-term wealth creation
- •Investors with an investment horizon of 5 years or more
- •SIP investors who can benefit from rupee cost averaging during market fluctuations