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Mutual Funds

Mirae Asset Banking and PSU Fund

Mi

Mirae Asset Banking and PSU Fund

Banking and PSURank #19
2/5

NAV (2026-07-14)

13.58

AUM

₹40.4 Cr

Exp. Ratio: 0.82%

RISK LEVEL

Moderate

Returns & Performance

1 Year4.09%0.68% vs cat avgRank #19
3 Year6.52%0.33% vs cat avgRank #18
5 Year5.56%0.41% vs cat avgRank #16
Since Launch5.25%--

Fund vs Category Average

1Y
4.09%-0.68%
3Y
6.52%-0.33%
5Y
5.56%-0.41%

Pros & Cons

Pros

No lock-in period

Cons

1Y returns trail category average
3Y returns below category average
5Y returns below category average
1Y category rank outside top 15 (#19)
Overall rank #19 in category
ISININF769K01FV5
NAV₹13.58
NAV Date2026-07-14
AUM₹40.4 Cr
Expense Ratio0.82%
RiskModerate
Rating2 / 5
Min SIP Amount₹99
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2007-11-30

INVESTMENT OBJECTIVE

The scheme seeks 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.

Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.

Kruti Chheta

Ms. Chheta has done BAF (Finance and Accounts) and MBA (Finance).

Prior to joining Mirae Asset Mutual Fund, she has worked with A K Capital Services Ltd., Shriram Wealth Advisors Ltd. and Birla wealth management.

Top Holdings

Holdings data not available for this scheme