Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl

Moderate Risk
Fixed Income
Banking and PSU

NAV as on Jun 9, 2025

Price per unit of the scheme.

₹ 13.0507-0.09%1 Day Change

1.42%

Minimum Investment₹5000

Expense Ratio0.82%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl

Fixed Income: Banking and PSU Average NAV

Topper in Fixed Income: Banking and PSU

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

CRISIL Banking and PSU Debt TR INR

Expense Ratio

0.82%

Category Avg Expense Ratio

0.34%

Minimum Investment (Lumpsum/SIP)

₹ 5000 /₹ 1000

Lock In (Years)

No Lock-in

Fund Size

₹ 46.59 Cr(As on Apr, 2025)

Inception Date

Jul 24, 2020

Turnover

- %

Exit Load

Nil

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.

Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl is an Fixed Income - Banking and PSU fund. The fund was launched inJul 24, 2020. Its risk level is . The NAV of the fund as onJun 09, 2025 is ₹13.05. Its expense ratio is 0.82 %. The fund has an AUM of ₹46.59 Cr.The fund is managed byBasant Bafna,Kruti Chheta.
The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Basant Bafna

Lead Fund Manager.

Jan 16, 2023 - Present

Fund Manager Rank66Out of 102
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed6
Total AUM₹ 6,663.86 Cr
Highest Return In 1 Yr10.55 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Mirae Asset Corporate Bond Fund Direct Growth

₹ 13.08

1.33%

1.39%

Moderate Risk

₹42.57Cr

Mirae Asset Ultra Short Duration Fund Direct Growth

₹ 1,319.39

0.86%

0.80%

Moderate Risk

₹1,681.12Cr

Mirae Asset Money Market Fund Direct Growth

₹ 1,277.69

0.99%

0.87%

Low to Moderate Risk

₹2,708.01Cr

Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk--

NAV₹ 13.08
Fund Size₹42.57Cr

Fund Return1.33%

Category Return1.39%

Mirae Asset Ultra Short Duration Fund Direct Growth

Moderate Risk--

NAV₹ 1,319.39
Fund Size₹1,681.12Cr

Fund Return0.86%

Category Return0.80%

Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk--

NAV₹ 1,277.69
Fund Size₹2,708.01Cr

Fund Return0.99%

Category Return0.87%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Kruti Chheta

Lead Fund Manager.

Feb 1, 2024 - Present

Fund Manager Rank66Out of 102
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed2
Total AUM₹ 1,830.88 Cr
Highest Return In 1 Yr10.30 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Mirae Asset Savings Fund Direct Plan Growth

₹ 2,458.30

1.09%

0.95%

Moderate Risk

₹1,784.29Cr

Mirae Asset Banking and PSU Debt Fund Direct Growth

₹ 13.34

1.46%

1.43%

Moderate Risk

₹46.59Cr

Mirae Asset Savings Fund Direct Plan Growth

Moderate Risk

NAV₹ 2,458.30
Fund Size₹1,784.29Cr

Fund Return1.09%

Category Return0.95%

Mirae Asset Banking and PSU Debt Fund Direct Growth

Moderate Risk--

NAV₹ 13.34
Fund Size₹46.59Cr

Fund Return1.46%

Category Return1.43%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on May, 2025

EQUITY (-%)

DEBT (90.90%)

CASH (8.55%)

Allocation by Market Cap

Other Cap(0.55%)

Industry Holdings

No Data For Allocation

Stock Holdings

No Data For Allocation

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
----
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
----
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
----
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
----
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
----
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
----

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
-0.58
This Fund
VS
-0.43
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
76.71
This Fund
VS
67.30
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
1.22
This Fund
VS
1.20
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
0.57
This Fund
VS
0.65
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
1.11
This Fund
VS
1.44
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
1.13
This Fund
VS
1.35
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Mirae Asset Investment Managers (India) Private Limited

Mirae Asset Investment Managers (India) Private Limited manages assets worth ₹ 1,98,433.18 crores. It’s current offering of mutual fund schemes includes 21 equity, 13 debt and 11 hybrid schemes.

Phone

022-6780 0300

customercare@miraeasset.com

AUM

₹ 1,98,433.18 Cr (

As on Apr 30, 2025

)

Address

Unit No. 606, 6th Floor, Mumbai,400 098

FAQ's

What is the category of Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl ?

The category of Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl is Fixed Income - Banking and PSU

What is the current NAV of Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl ?

The current NAV of Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl as on Jun 09, 2025 is ₹13.05

How safe is Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl ?

The risk level of Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl is Moderate.

What are short term returns given by Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl ?

The return given by Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl in 1 month is 1.42%, 3 months is 4.04%, 6 months is 5.41%, and 1 year is 9.78%

What are the long term returns given by Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl ?

The return given by Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl in 3 years is 7.46% and 5 years is --.

What is the expense ratio of Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl ?

The expense ratio of Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl is 0.82%

What is the AUM of Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl ?

The assets under Management (AUM) of Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl is Rs 46.59 crores.

What is the minimum investment in Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl ?

The minimum Lumpsum investment in Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl is ₹5,000.00 and the minimum SIP investment in Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl is ₹1,000.00

What is the asset allocation of Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl?

Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl has an exposure of 90.90% in Debt and 8.55% in Cash & Money Market Securities