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Banking & PSU Debt📊 NIFTY Banking & PSU Debt Index(SEBI default)

Mirae Asset Banking and PSU Fund · Regular · Growth

Mirae Asset Mutual Fund

#19 of 20 (1Y)

NAV

₹13.6477

as of 30 Sept 2026

Expense Ratio

0.81%

AUM

₹42 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+4.06%
3Y
+6.34%
5Y
+5.44%
Since Inception
+5.16%

SIP returns (XIRR)

1Y
+4.02%
3Y
+5.61%
5Y
+5.86%
Since Inception
+5.66%

What history actually did — last 6 years (Sept 2020 – Sept 2026)

A ₹5,000 monthly SIP for the last 6 years (Sept 2020 – Sept 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹4,27,318 today — ₹3,60,000 invested, 5.7% XIRR.

₹3,60,000

Invested

₹4,27,318

Value today

5.7%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 6 years (Sept 2020 – Sept 2026)

Real NAV backtest

₹1,00,000 invested 6 years ago would be ₹1,36,556 today (5.3% CAGR).

A regular withdrawal plan (SWP)

Real NAV backtest

A ₹10,00,000 corpus withdrawing ₹5,000/month since Sept 2020 would still hold ₹9,38,240.

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 6 years (Sept 2020 – Sept 2026) (3 Jun 2024) would be ₹1,14,648 today (1.15×).

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

-0.94

Sharpe Ratio

—

Alpha

—

Beta

-0.98

Sortino

1.35%

Std Dev

-0.74%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryBanking & PSU Debt
BenchmarkNIFTY Banking & PSU Debt Index
Launch Date24 Jul 2020
AMFI Code148416
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹99
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Portfolio holdings

as of 31 Aug 2026
Holding% NAV

What this fund does

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 ₹41.6 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%.

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