MI
Mirae Asset Banking and PSU Debt Fund Direct Growth
Latest NAV
+4.41% 1Y
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Benchmark: CRISIL Banking and PSU Debt A-II Index
Expense ratio
0.37%
AUM
₹39 Cr
Min SIP
₹99
Min lump sum
₹5,000
1Y
+4.41%
3Y (ann.)
+6.82%
5Y (ann.)
+5.91%
Launched
Jul 2020
Where the NAV sits & how risky it is
₹14.04
52-week range
at 96%
₹14.04
Low 06 Oct 2025₹13.47
High 09 Sep 2026₹14.06
Risk level
Moderate
Low
Very high
NAV history
27 Jul 2020
Since inception
05 Oct 2026
Returns by period
1W
-0.06%
1M
+0.08%
3M
+0.43%
6M
+2.87%
1Y
+4.41%
3Y
+6.82%
5Y
+5.91%
3Y and 5Y returns are annualised.
Return calculator
You invest
—
Est. gain
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Est. value
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Invested Gain
Invested
Projected value
min SIP ₹99
Estimate only. It assumes the selected past return repeats every year; 3Y and 5Y figures are taken as annualised. Actual returns vary and are not guaranteed.
Where your money goes
Sector allocation is published for schemes that buy shares directly. This is a debt scheme.
About this scheme
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.
Fund manager(s): Kruti Chheta
Exit load: No charges for withdrawal
Scheme snapshot
VR Rating
MS Rating
Plan
Growth
Type
DIRECT
Inception
24 Jul 2020
Lump-sum min
₹5,000
SIP
Purchase
Switch
STP
SWP
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