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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

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

  • Moderate Risk
  • Fixed Income
  • Banking and PSU
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NAV as on Jun 25, 2025
i
Price per unit of the scheme.
₹ 12.9939-0.04%1 Day Change
-0.16%
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 Methodologyi
i

RISK-O-METER

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

bt_logoFUND 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.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
Mirae Asset Banking and PSU Debt Fund Regular Payout of Income Dis cum Cptl Wrdl
VS
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
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    bt_logoRETURN 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

    bt_logoFUND 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
    ₹ 47.74 Cr(As on May, 2025)
    Inception Date
    Jul 24, 2020
    Turnover
    - %
    Exit Load
    Nil

    bt_logoABOUT THE FUND

    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 25, 2025 is ₹12.99. Its expense ratio is 0.82 %. The fund has an AUM of ₹47.74 Cr.The fund is managed byBasant Bafna,Kruti Chheta.
    The minimum initial investment is  ₹5000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Basant Bafna
    Basant Bafna
    i
    Lead Fund Manager.
    Jan 16, 2023 - Present
    • Fund Manager Rank64Out 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₹ 7,425.41 Cr
    • Highest Return In 1 Yr9.80 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Mirae Asset Corporate Bond Fund Direct Growth
    --
    ₹ 13.05
    -0.02%
    0.02%
    Moderate Risk
    ₹44.33Cr
    Mirae Asset Ultra Short Duration Fund Direct Growth
    --
    ₹ 1,322.11
    0.69%
    0.51%
    Moderate Risk
    ₹1,780.38Cr
    Mirae Asset Money Market Fund Direct Growth
    --
    ₹ 1,279.54
    0.70%
    0.59%
    Low to Moderate Risk
    ₹2,658.65Cr
    Mirae Asset Corporate Bond Fund Direct Growth
    Moderate Risk--
    • NAV₹ 13.05
    • Fund Size₹44.33Cr
    Fund Return-0.02%
    Category Return0.02%
    Mirae Asset Ultra Short Duration Fund Direct Growth
    Moderate Risk--
    • NAV₹ 1,322.11
    • Fund Size₹1,780.38Cr
    Fund Return0.69%
    Category Return0.51%
    Mirae Asset Money Market Fund Direct Growth
    Low to Moderate Risk--
    • NAV₹ 1,279.54
    • Fund Size₹2,658.65Cr
    Fund Return0.70%
    Category Return0.59%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Kruti Chheta
    Kruti Chheta
    i
    Lead Fund Manager.
    Feb 1, 2024 - Present
    • Fund Manager Rank64Out 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₹ 1,886.02 Cr
    • Highest Return In 1 Yr9.37 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Mirae Asset Savings Fund Direct Plan Growth
    ₹ 2,461.07
    0.66%
    0.52%
    Moderate Risk
    ₹1,838.28Cr
    Mirae Asset Banking and PSU Debt Fund Direct Growth
    --
    ₹ 13.28
    -0.12%
    -0.01%
    Moderate Risk
    ₹47.74Cr
    Mirae Asset Savings Fund Direct Plan Growth
    Moderate Risk
    • NAV₹ 2,461.07
    • Fund Size₹1,838.28Cr
    Fund Return0.66%
    Category Return0.52%
    Mirae Asset Banking and PSU Debt Fund Direct Growth
    Moderate Risk--
    • NAV₹ 13.28
    • Fund Size₹47.74Cr
    Fund Return-0.12%
    Category Return-0.01%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Jun, 2025
    EQUITY (-%)
    DEBT (92.98%)
    CASH (6.46%)
    Allocation by Market Cap
    Other Cap(0.56%)
    Industry Holdings
    No Data For Allocation
    Stock Holdings
    No Data For Allocation

    bt_logoPERFORMANCE 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.
      ----

    bt_logoHISTORICAL 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

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Mirae Asset Investment Managers (India) Private Limited
    Mirae Asset Investment Managers (India) Private Limited manages assets worth ₹ 2,06,596.41 crores. It’s current offering of mutual fund schemes includes 21 equity, 14 debt and 12 hybrid schemes.
    phone icon
    Phone
    022-6780 0300
    mail icon
    Email
    customercare@miraeasset.com
    aum
    AUM
    ₹ 2,06,596.41 Cr (
    As on May 31, 2025
    )
    location
    Address
    Unit No. 606, 6th Floor, Mumbai,400 098

    bt_logoFAQ'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 25, 2025 is ₹12.99
    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 -0.16%, 3 months is 2.90%, 6 months is 4.83%, and 1 year is 8.87%
    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 7.25% 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 47.74 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 92.98% in Debt and 6.46% in Cash & Money Market Securities

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