Mirae Asset Banking And Psu Fund Regular Plan Growth

Risk: Moderate
₹ 12.26
NAV (Oct 14,2024)

Mirae Asset Banking and PSU Fund - Regular Plan - Growth is a mutual fund scheme that focuses on investing in companies within the banking and PSU sectors. With an expense ratio of 0.82%, this fund has an established date of 24th July 2020. The minimum investment required is INR 5000, and there is no lock-in period. As of now, the scheme has an asset under management (AUM) of INR 62.66 crores. This fund offers growth opportunities for investors looking to diversify their portfolio in the Indian market.

Mirae Asset Banking And Psu Fund Regular Plan Growth Latest Trend

  • 1M
  • 2M
  • 3M

Mirae Asset Banking And Psu Fund Regular Plan Growth Latest Trend

Risk Ratios

  • P/E Ratio
    UM_URBAN_MONEY

    0
  • P/B Ratio
    UM_URBAN_MONEY

    0
  • Alpha
    UM_URBAN_MONEY

    0.00
  • Beta
    UM_URBAN_MONEY

    0.86
  • Sharpe
    UM_URBAN_MONEY

    0.32
  • Sortino
    UM_URBAN_MONEY

    0.64

Fund Overview

Expense ratio
UM_URBAN_MONEY

0.81%

Exit Load
UM_URBAN_MONEY

0%

Lock-in
UM_URBAN_MONEY

No Lock-in

AUM (Fund Size)
UM_URBAN_MONEY

₹ 55.77 Cr

Index
UM_URBAN_MONEY

Min. Investment
UM_URBAN_MONEY

SIP ₹5000.00

Scheme Riskometer

Investors understand that their principal will be at
Moderate

Investment Return Calculator

as on Oct 15, 2024

Total Invested Amount

3 Months Absolute Return (In %)

6 Months Absolute Return (In %)

1 Year Absolute Return (In %)

3 Year Absolute Return (In %)

5 Year Absolute Return (In %)

₹ 10,000₹ 10,230.41 (2.30%)₹ 10,410.66 (4.11%)₹ 10,814.52 (8.15%)₹ 11,700.55 (17.01%)₹ -- (--)
₹ 30,000₹ 30,691.23 (2.30%)₹ 31,231.98 (4.11%)₹ 32,443.56 (8.15%)₹ 35,101.65 (17.01%)₹ -- (--)
₹ 50,000₹ 51,152.05 (2.30%)₹ 52,053.3 (4.11%)₹ 54,072.6 (8.15%)₹ 58,502.75 (17.01%)₹ -- (--)
₹ 80,000₹ 81,843.28 (2.30%)₹ 83,285.28 (4.11%)₹ 86,516.16 (8.15%)₹ 93,604.4 (17.01%)₹ -- (--)
₹ 1,00,000₹ 1,02,304.1 (2.30%)₹ 1,04,106.6 (4.11%)₹ 1,08,145.2 (8.15%)₹ 1,17,005.5 (17.01%)₹ -- (--)

Calculate Your Mutual Fund Returns

₹
  • ₹ 500
  • ₹ 1 Lac
Years
  • 1
  • 30
%
  • 1
  • 30
₹

Total investment

+
₹

Profit

YearInvested Amount(₹)Wealth Gained(₹)Expected Amount(₹)

Fund Portfolio Allocation

  • Holdings
  • Sectors

Name

Assets

  • Government of India11.98%
  • Indian Railway Finance Corporation Limited10.01%
  • Small Industries Dev Bank of India9.01%
  • Housing & Urban Development Corporation Limited8.95%
  • National Bank For Agriculture and Rural Development8.12%
  • Power Finance Corporation Limited8.06%
  • HDFC Bank Limited6.19%
  • National Bank For Financing Infrastructure And Development5.47%
  • National Housing Bank5.41%
  • REC Limited5.33%
  • Mahanagar Telephone Nigam Limited5.01%
  • Punjab National Bank3.93%
  • Bajaj Finance Limited3.62%
  • State Bank of India3.52%
  • TREPS2.24%
  • LIC Housing Finance Limited1.36%
  • Net Receivables Payables1.34%
  • Class A units of Alternative Investment Fund Units0.44%

Holdings Analysis

Peer Comparison

Pick your choice with our quick comparitive analysis

  • 6M
  • 1Y
  • 3Y
  • 5Y
Mutual Fund SchemesCategoryRiskAbsolute Return (6M)

Sundaram Banking & PSU Fund - GrowthSundaram Banking & PSU Fund - Growth

DEBT

Moderate

8.81%

Edelweiss Banking and PSU Debt Fund - Regular Plan - GrowthEdelweiss Banking and PSU Debt Fund - Regular Plan - Growth

DEBT

Moderate

8.77%

Invesco India Banking and PSU Fund - GrowthInvesco India Banking and PSU Fund - Growth

DEBT

Moderate

8.67%

Nippon India Banking & PSU Debt Fund - GrowthNippon India Banking & PSU Debt Fund - Growth

DEBT

Moderate

8.29%

Canara Robeco Banking and PSU Debt Fund - Regular Plan - GrowthCanara Robeco Banking and PSU Debt Fund - Regular Plan - Growth

DEBT

Moderate

8.09%

Tata Banking & PSU Debt Fund - Regular Plan - GrowthTata Banking & PSU Debt Fund - Regular Plan - Growth

DEBT

Low to Moderate

7.44%

HSBC Banking and PSU Debt Fund - Regular Plan - GrowthHSBC Banking and PSU Debt Fund - Regular Plan - Growth

DEBT

Low to Moderate

7.37%

ITI Banking & PSU Debt Fund - Regular Plan - GrowthITI Banking & PSU Debt Fund - Regular Plan - Growth

DEBT

Moderate

7.20%

DSP Banking & PSU Debt Fund - Regular Plan - GrowthDSP Banking & PSU Debt Fund - Regular Plan - Growth

DEBT

Moderate

6.79%

PGIM India Banking & PSU Debt Fund - GrowthPGIM India Banking & PSU Debt Fund - Growth

DEBT

Moderate

6.74%

Mutual Fund SchemesCategoryRiskAbsolute Return (6Y)

Invesco India Banking and PSU Fund - GrowthInvesco India Banking and PSU Fund - Growth

DEBT

Moderate

8.86%

Sundaram Banking & PSU Fund - GrowthSundaram Banking & PSU Fund - Growth

DEBT

Moderate

8.40%

Edelweiss Banking and PSU Debt Fund - Regular Plan - GrowthEdelweiss Banking and PSU Debt Fund - Regular Plan - Growth

DEBT

Moderate

8.37%

Canara Robeco Banking and PSU Debt Fund - Regular Plan - GrowthCanara Robeco Banking and PSU Debt Fund - Regular Plan - Growth

DEBT

Moderate

7.90%

Kotak Banking and PSU Debt Fund - GrowthKotak Banking and PSU Debt Fund - Growth

DEBT

Moderate

7.35%

DSP Banking & PSU Debt Fund - Regular Plan - GrowthDSP Banking & PSU Debt Fund - Regular Plan - Growth

DEBT

Moderate

7.26%

HDFC Banking and PSU Debt Fund - Regular Plan - GrowthHDFC Banking and PSU Debt Fund - Regular Plan - Growth

DEBT

Moderate

7.10%

ITI Banking & PSU Debt Fund - Regular Plan - GrowthITI Banking & PSU Debt Fund - Regular Plan - Growth

DEBT

Moderate

6.94%

Axis Banking & PSU Debt Fund - Regular Plan - GrowthAxis Banking & PSU Debt Fund - Regular Plan - Growth

DEBT

Moderate

6.56%

Tata Banking & PSU Debt Fund - Regular Plan - GrowthTata Banking & PSU Debt Fund - Regular Plan - Growth

DEBT

Low to Moderate

6.47%

Mutual Fund SchemesCategoryRiskAbsolute Return (6Y)

UTI Banking & PSU Fund - Regular Plan - GrowthUTI Banking & PSU Fund - Regular Plan - Growth

DEBT

Moderate

7.83%

Sundaram Banking & PSU Fund - GrowthSundaram Banking & PSU Fund - Growth

DEBT

Moderate

5.70%

LIC MF Banking & PSU Fund - Regular Plan - GrowthLIC MF Banking & PSU Fund - Regular Plan - Growth

DEBT

Moderate

5.47%

Kotak Banking and PSU Debt Fund - GrowthKotak Banking and PSU Debt Fund - Growth

DEBT

Moderate

5.33%

TRUSTMF Banking & PSU Fund - Regular Plan - GrowthTRUSTMF Banking & PSU Fund - Regular Plan - Growth

DEBT

Moderate

5.10%

HDFC Banking and PSU Debt Fund - Regular Plan - GrowthHDFC Banking and PSU Debt Fund - Regular Plan - Growth

DEBT

Moderate

4.99%

Bandhan Banking & PSU Debt Fund - Regular Plan - GrowthBandhan Banking & PSU Debt Fund - Regular Plan - Growth

DEBT

Moderate

4.96%

Axis Banking & PSU Debt Fund - Regular Plan - GrowthAxis Banking & PSU Debt Fund - Regular Plan - Growth

DEBT

Moderate

4.91%

PGIM India Banking & PSU Debt Fund - GrowthPGIM India Banking & PSU Debt Fund - Growth

DEBT

Moderate

4.69%

SBI Banking and PSU Fund - Regular Plan - GrowthSBI Banking and PSU Fund - Regular Plan - Growth

DEBT

Moderate

4.39%

Mutual Fund SchemesCategoryRiskAbsolute Return (6Y)

Bandhan Banking & PSU Debt Fund - Regular Plan - GrowthBandhan Banking & PSU Debt Fund - Regular Plan - Growth

DEBT

Moderate

7.20%

Kotak Banking and PSU Debt Fund - GrowthKotak Banking and PSU Debt Fund - Growth

DEBT

Moderate

7.18%

Edelweiss Banking and PSU Debt Fund - Regular Plan - GrowthEdelweiss Banking and PSU Debt Fund - Regular Plan - Growth

DEBT

Moderate

7.11%

UTI Banking & PSU Fund - Regular Plan - GrowthUTI Banking & PSU Fund - Regular Plan - Growth

DEBT

Moderate

7.01%

PGIM India Banking & PSU Debt Fund - GrowthPGIM India Banking & PSU Debt Fund - Growth

DEBT

Moderate

6.99%

DSP Banking & PSU Debt Fund - Regular Plan - GrowthDSP Banking & PSU Debt Fund - Regular Plan - Growth

DEBT

Moderate

6.84%

HSBC Banking and PSU Debt Fund - Regular Plan - GrowthHSBC Banking and PSU Debt Fund - Regular Plan - Growth

DEBT

Low to Moderate

5.81%

Sundaram Banking & PSU Fund - GrowthSundaram Banking & PSU Fund - Growth

DEBT

Moderate

5.75%

LIC MF Banking & PSU Fund - Regular Plan - GrowthLIC MF Banking & PSU Fund - Regular Plan - Growth

DEBT

Moderate

5.72%

Invesco India Banking and PSU Fund - GrowthInvesco India Banking and PSU Fund - Growth

DEBT

Moderate

5.71%

Show all Funds

Fund Managers

KC

Ms. Kruti ChhetaCo Fund Manager & Fixed Income Analyst

Ms. Kruti Chheta has over 7 years of experience in fixed income market & has been associated with Mirae Asset Investment Managers (India) Pvt Ltd. for over 4 years as a fixed income analyst. Her responsibilities as part of the investment team included leading the research for managing debt fund.Prior to joining the AMC, Ms. Chheta has been associated with AK Capital and Shriram Wealth Advisors. At AK Capital, Ms. Chheta was Fixed Income Analyst for the tenure of 1 year in a client advisory role, assisting large pension funds with research on fixed income investment opportunities. At Shriram Wealth Advisors, Ms. Chheta was a Research Analyst for tenure of 2Y advising Shriram Life Ins co.

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Compare with similar Funds

Mirae Asset Banking and PSU Fund - Regular Plan - Growth

vs

Canara Robeco Banking and PSU Debt Fund - Regular Plan - Growth

Mirae Asset Banking and PSU Fund - Regular Plan - Growth

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UTI Banking & PSU Fund - Regular Plan - Growth

Mirae Asset Banking and PSU Fund - Regular Plan - Growth

vs

Kotak Banking and PSU Debt Fund - Growth

Mirae Asset Banking and PSU Fund - Regular Plan - Growth

vs

HDFC Banking and PSU Debt Fund - Regular Plan - Growth

Mirae Asset Banking and PSU Fund - Regular Plan - Growth

vs

Bandhan Banking & PSU Debt Fund - Regular Plan - Growth

Mirae Asset Banking and PSU Fund - Regular Plan - Growth

vs

PGIM India Banking & PSU Debt Fund - Growth

Mirae Asset Banking and PSU Fund - Regular Plan - Growth

vs

TRUSTMF Banking & PSU Fund - Regular Plan - Growth

Mirae Asset Banking and PSU Fund - Regular Plan - Growth

vs

LIC MF Banking & PSU Fund - Regular Plan - Growth

Mirae Asset Banking and PSU Fund - Regular Plan - Growth

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Baroda BNP Paribas Banking and PSU Bond Fund - Regular Plan - Growth

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Aditya Birla Sun Life Banking & PSU Debt - Growth

FAQ's

What is the risk level associated with the Mirae Asset Banking and PSU Fund - Regular Plan - Growth?

The Mirae Asset Banking and PSU Fund - Regular Plan - Growth is a mutual fund that carries a moderate level of risk.

What is the current NAV (Net Asset Value) of the Mirae Asset Banking and PSU Fund - Regular Plan - Growth as of Oct 14,2024?

The current NAV of the Mirae Asset Banking and PSU Fund - Regular Plan - Growth as of Oct 14,2024 is INR 12.26.

What are the returns generated by the Mirae Asset Banking and PSU Fund - Regular Plan - Growth over the past 1, 3, and 5 years?

The Mirae Asset Banking and PSU Fund - Regular Plan - Growth has delivered returns of 6.27% in the past year, 4.75% in the past three years, and a five-year return of $5yearret.

What is the expense ratio associated with the Mirae Asset Banking and PSU Fund - Regular Plan - Growth?

The Mirae Asset Banking and PSU Fund - Regular Plan - Growth has a low 0.82% expense ratio, making it a cost-efficient option for investors seeking exposure to the banking and public sector undertakings in India.

What is the minimum investment amount required for the Mirae Asset Banking and PSU Fund - Regular Plan - Growth?

The minimum investment amount for the Mirae Asset Banking and PSU Fund - Regular Plan - Growth is INR 5000.

Is there a systematic investment plan (SIP) available for the Mirae Asset Banking and PSU Fund - Regular Plan - Growth?

Yes, a SIP investment option is available for the Mirae Asset Banking and PSU Fund - Regular Plan - Growth with a minimum monthly investment of INR 5000.

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