Mirae Asset Banking and PSU Debt Fund - Direct Plan - IDCW

Debt Short Term Moderate

NAV on (08 Sep 2026 )

₹14.05 ▲

(+0.01%)

Fund Size

₹39.86 Crores

1Y Returns

5.15 %

Earn 1% Higher Returns in Direct Funds on dhan Invest Top Funds

Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

Investment 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. The Scheme does not guarantee or assure any returns.

AMC

Mirae Asset Global Investments (India) Pvt. Ltd.

Fund Details

Launch Date

July 8, 2020

Fund Manager

Ms. Kruti Chheta

Initial Price

AUM Fund

39.86 Cr

Min investment

Rs 5000

Expense Ratio

0.37%

SIP Minimum Investment

Monthly - Rs.99/- in multiples of Re.1/- thereafter for a minimum of 5 installments. Quarterly - Rs.99/- in multiples of Re.1/- thereafter for a minimum of 5 installments.

Exit Load

Nil

1 Month

+0.20%

6 Months

+2.58%

1 Year

+5.15%

2 Years (CAGR)

+6.64%

3 Years (CAGR)

+6.99%

5 Years (CAGR)

+5.96%

Equity / Mid Cap funds	1Y	3Y	Fund Size (Cr)
Franklin India Short Term Income Plan - Segregated Portfolio 2 - Direct	309.12%	0.00%	₹0
Franklin India Short Term Income Plan - Segregated Portfolio 2	309.12%	0.00%	₹0
Franklin India Short Term Income Plan - Segregated Portfolio 2	309.12%	0.00%	₹0
Franklin India Short Term Income Plan - Segregated Portfolio 2 - Direct	309.11%	0.00%	₹0
Franklin India Short Term Income Plan - Segregated Portfolio 2 - Direct	309.11%	0.00%	₹0

Holdings

TREPS 10.59%

Kotak Mahindra Bank Ltd. (MD 12/02/2027) 7.29%

6.90% Government of India (MD 15/04/2065) 7.00%

7.57% Indian Railway Finance Corporation Ltd. (MD 18/04/2029) 5.07%

7.74% Power Finance Corporation Ltd. (MD 29/01/2028) 5.05%

7.23% Export-Import Bank of India (MD 18/03/2031) 5.04%

6.44% HDFC Bank Ltd. (MD 27/09/2028) 4.93%

Punjab National Bank (MD 05/02/2027) 4.86%

7.80% HDFC Bank Ltd. (MD 03/05/2033) 4.28%

7.62% National Bank for Agriculture and Rural Development (MD 10/05/2029) 3.78%

7.47% Small Industries Development Bank of India (MD 05/09/2029) 3.78%

6.52% REC Ltd. (MD 31/01/2028) 3.73%

7.12% Housing and Urban Development Corporation Ltd. (MD 26/12/2034) 3.69%

Indian Bank (MD 12/01/2027) 3.66%

Net Receivables / (Payables) 2.82%

7.56% India Infrastructure Finance Company Ltd. (MD 20/03/2028) 2.52%

7.68% Small Industries Development Bank of India (MD 10/08/2027) 2.52%

7.42% Power Finance Corporation Ltd. (MD 15/04/2028) 2.52%

7.54% Knowledge Realty Trust (MD 08/05/2029) 2.51%

7.22% Export-Import Bank of India (MD 03/08/2027) 2.51%

6.95% REC Ltd. (MD 18/02/2028) 2.50%

6.87% REC Ltd. (MD 31/05/2030) 2.47%

6.48% Government of India (MD 06/10/2035) 2.47%

ICICI Bank Ltd. (MD 12/02/2027) 2.43%

7.45% Export-Import Bank of India (MD 12/04/2028) 1.26%

Corporate Debt Market Development Fund - Class A2 0.71%

Sector Allocation

Banks 4.28%

Address

Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), Mumbai Maharashtra India 400098

Phone

+91 22 67800300

Fax

+91 22 67253942

Launch Date

July 8, 2020

E-mail

customercare@miraeasset.com

Website

https://www.miraeassetmf.co.in

Custodian

Deutsche Bank, SBI SG Global Securities Services Pvt.Ltd.

Registrar & Transfer Agent

KFIN Technologies Pvt. Ltd.

Frequently Asked Questions

Q: What is the current NAV of Mirae Asset Banking and PSU Debt Fund - Direct Plan - IDCW?

A: The latest NAV of Mirae Asset Banking and PSU Debt Fund - Direct Plan - IDCW is ₹ 14.05 as on 08 Sep 2026.

Q: What type of mutual fund is Mirae Asset Banking and PSU Debt Fund - Direct Plan - IDCW?

A: Mirae Asset Banking and PSU Debt Fund - Direct Plan - IDCW is a 'Debt - Short Term' type mutual fund managed by 'Mirae Asset Global Investments (India) Pvt. Ltd.'.

Q: What is the expense ratio of Mirae Asset Banking and PSU Debt Fund - Direct Plan - IDCW?

A: The expense ratio of Mirae Asset Banking and PSU Debt Fund - Direct Plan - IDCW is 0.37%, which impacts overall returns.

Q: Who manages Mirae Asset Banking and PSU Debt Fund - Direct Plan - IDCW?

A: Mirae Asset Banking and PSU Debt Fund - Direct Plan - IDCW is managed by Ms. Kruti Chheta, who oversees investment strategy and portfolio decisions.

Q: Is Mirae Asset Banking and PSU Debt Fund - Direct Plan - IDCW a good investment?

A: Mirae Asset Banking and PSU Debt Fund - Direct Plan - IDCW may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of Mirae Asset Banking and PSU Debt Fund - Direct Plan - IDCW?

A: The exit load of Mirae Asset Banking and PSU Debt Fund - Direct Plan - IDCW is Nil, applicable if redeemed within the specified period.

Q: How is Mirae Asset Banking and PSU Debt Fund - Direct Plan - IDCW taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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