(Erstwhile known as Mirae Asset Banking and PSU Fund )
Aim to add the power of banking and PSU to your portfolio
Relative Safety: Fund will have higher Allocation in AAA rated instruments
Liquidity: High Liquidity by investing in G-sec and Banking & PSU papers
Duration: Generally maintain duration of 2 to 5 years with use of G-sec to shift duration
Style: Active management based on credit spread and interest rate outlook
An open ended debt scheme predominantly investing in debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds. A relatively high interest rate risk and moderate credit risk.
Ms. Kruti Chheta
CRISIL Banking and PSU Debt A-II Index
Rs 5,000/- and in multiples of Re. 1/- thereafter.
Regular Plan and Direct Plan
Growth Option and IDCW (Payout / Reinvestment)
Moderate
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1+years
Investment in debt papers of banking and PSUs
Income Generation
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Mirae Asset Debt Investment Process and Philosophy
Potential Risk Class Matrix (PRC)
| Credit Risk → Interest Rate Risk↓ | Relatively Low (Class A) | Moderate (Class B) | Relatively High (Class C) |
|---|---|---|---|
| Relatively Low (Class I) | |||
| Moderate (Class II) | |||
| Relatively High (Class III) | B-III |
(Erstwhile known as Mirae Asset Banking and PSU Debt Fund)
View Performance of the funds managed by the Fund Manager
How to achieve your goal
(Erstwhile known as Mirae Asset Banking and PSU Debt Fund)
| Name | Allocation | |
| CORPORATE BOND | ||
| 1 | REC Limited | 10.73% |
| 2 | Hindustan Petroleum Corporation Limited | 7.17% |
| 3 | Power Finance Corporation Limited | 7.07% |
| 4 | Housing & Urban Development Corporation Limited | 7.06% |
| 5 | National Housing Bank | 6.97% |
| 6 | Oil & Natural Gas Corporation Limited | 6.89% |
| 7 | National Bank For Agriculture and Rural Development | 6.88% |
| 8 | Indian Oil Corporation Limited | 5.32% |
| 9 | Power Grid Corporation of India Limited | 3.62% |
| 10 | NHPC Limited | 3.61% |
| GOVERNMENT BOND | ||
| 1 | 5.74% GOI (MD 15/11/2026) | 3.42% |
| 2 | 5.63% GOI (MD 12/04/2026) | 1.71% |
| COMMERCIAL PAPER | ||
| 1 | Export Import Bank of India | 6.94% |
*Data as on 31st March, 2022.
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