Mirae Asset Banking and PSU Fund · Regular · Growth
NAV
₹13.6186
as of 31 Jul 2026
Expense Ratio
0.81%
AUM
₹41 Cr
Lumpsum returns (CAGR)
- 1Y
- +4.24%
- 3Y
- +6.55%
- 5Y
- +5.56%
- Since Inception
- +5.27%
SIP returns (XIRR)
- 1Y
- +4.86%
- 3Y
- +6.16%
- 5Y
- +6.13%
- Since Inception
- +5.89%
What history actually did — last 6 years (Aug 2020 – Jul 2026)
A ₹5,000 monthly SIP for the last 6 years (Aug 2020 – Jul 2026)
Real NAV backtest
A ₹5,000 monthly SIP would be worth ₹4,23,443 today — ₹3,55,000 invested, 5.9% XIRR.
₹3,55,000
Invested
₹4,23,443
Value today
5.9%
XIRR (p.a.)
A ₹1,00,000 lumpsum, the last 6 years (Aug 2020 – Jul 2026)
Real NAV backtest
₹1,00,000 invested 6 years ago would be ₹1,36,053 today (5.3% CAGR).
A regular withdrawal plan (SWP)
Real NAV backtest
A ₹10,00,000 corpus withdrawing ₹5,000/month since Aug 2020 would still hold ₹9,37,084.
Buying the worst day
Real NAV backtest
₹1,00,000 invested on the worst market day of the last 6 years (Aug 2020 – Jul 2026) (3 Jun 2024) would be ₹1,14,450 today (1.14×).
Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.
Risk Metrics
Trailing 1 year, annualised-0.24
Sharpe Ratio
—
Alpha
—
Beta
-0.26
Sortino
1.35%
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)9.71%
- 2Kotak Mahindra Bank Ltd. (Md 12/02/2027)**#7.13%
- 37.57% Indian Railway Finance Corporation Ltd. (Md 18/04/2029)**5.02%
- 47.74% Power Finance Corporation Ltd. (Md 29/01/2028)**4.99%
- 56.52% Rec Ltd. (Md 31/01/2028)**4.91%
- 66.44% Hdfc Bank Ltd. (Md 27/09/2028)**4.87%
- 77.48% National Bank For Agriculture And Rural Development (Md 15/09/2028)4.48%
- 87.62% National Bank For Agriculture And Rural Development (Md 10/05/2029)3.75%
- 97.47% Small Industries Development Bank Of India (Md 05/09/2029)**3.74%
- 107.59% National Housing Bank (Md 14/07/2027)**3.74%
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 6 years. It manages assets worth ₹41.3 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