| Category: Debt: Banking and PSU |
| Launch Date: 27-07-2020 |
| Asset Class: Fixed Income |
| Benchmark: CRISIL Banking and PSU Debt A-II Index |
| Expense Ratio: 0.81% As on (31-12-2025) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 44.77 Cr As on (31-12-2025) |
| Turn over: |
| 1-Year Ret (%) | 3-Yrs Ret (%) | 5-Yrs Ret (%) | 10-Yrs Ret (%) | Since Launch Ret (%) | |
|---|---|---|---|---|---|
| Mirae Asset Banking and PSU Fund - Regular plan - IDCW | 6.76 | 6.91 | 5.43 | - | 5.3 |
| Benchmark | - | - | - | - | - |
| Debt: Banking and PSU | 7.17 | 7.12 | 5.75 | 7.03 | 7.01 |
Ms. Kruti Chheta
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.The Scheme does not guarantee or assure any returns.
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
| Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
|---|---|---|---|---|---|---|
| Mirae Asset Banking and PSU Fund - Regular plan - IDCW | 1.18 | - | - | - | 6.64 | 4.79 |
| Debt: Banking and PSU | - | - | - | - | - | - |
| Scheme Name | Launch Date |
1-Year Ret (%) |
2-Yrs Ret (%) |
3-Yrs Ret (%) |
5-Yrs Ret (%) |
10-Yrs Ret (%) |
|---|---|---|---|---|---|---|
| Mirae Asset Banking and PSU Fund - Regular plan - IDCW | 27-07-2020 | 6.76 | 7.24 | 6.91 | 5.43 | 0.0 |
| UTI Banking & PSU Fund- Regular Plan - Growth Option | 05-01-2014 | 7.64 | 7.53 | 7.23 | 7.03 | 6.68 |
| Franklin India Banking & PSU Debt Fund - Growth | 05-04-2014 | 7.57 | 7.6 | 7.33 | 5.84 | 7.18 |
| Kotak Banking and PSU Debt - Growth | 29-12-1998 | 7.53 | 7.64 | 7.37 | 5.96 | 7.34 |
| Sundaram Banking & PSU Fund (Formerly Known as Sundaram Banking and PSU Debt Fund) Regular Plan - Growth | 30-12-2004 | 7.44 | 7.57 | 7.33 | 5.62 | 6.56 |
| ICICI Prudential Banking and PSU Debt Fund - Growth | 01-01-2010 | 7.39 | 7.55 | 7.47 | 6.2 | 7.39 |
| Axis Banking & PSU Debt Fund - Regular Plan - Growth option | 01-06-2012 | 7.39 | 7.36 | 7.06 | 5.76 | 7.13 |
| LIC MF Banking & PSU Fund-Regular Plan-Growth | 30-05-2007 | 7.32 | 7.42 | 7.1 | 5.48 | 6.66 |
| HDFC Banking and PSU Debt Fund - Growth Option | 03-03-2014 | 7.27 | 7.42 | 7.23 | 5.77 | 7.2 |
| SBI Banking & PSU Fund - Regular Paln - Growth | 09-10-2009 | 7.26 | 7.37 | 7.08 | 5.4 | 6.86 |
Portfolio as on