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Aim to add the power of banking
& PSU to your portfolio

Mirae Asset Banking and PSU Fund

(Erstwhile known as Mirae Asset Banking and PSU Debt Fund)

(Banking and PSU Fund - 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)

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About the fund

about

Aim to add the power of banking and PSU to your portfolio

INVESTMENT FRAMEWORK

investment

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

Fund facts

Type of Scheme

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.

Fund Manager

Ms. Kruti Chheta

Benchmark Index

CRISIL Banking and PSU Debt A-II Index

Minimum Investment Amount

Rs 5,000/- and in multiples of Re. 1/- thereafter.

Plans Available:

Regular Plan and Direct Plan

OPTIONS AVAILABLE

Growth Option and IDCW (Payout / Reinvestment)

Risk:

Moderate

taxation

Click here to view

IDEAL INVESTMENT HORIZON

Investment Horizon:

1+years

Nature of investment:

Investment in debt papers of banking and PSUs

Suitable Investment:

wealth

Income Generation

Net asset value

For Historic NAV Click here

Mirae Asset Debt Investment Process and Philosophy

Fund Managers

manager

Ms. Kruti Chheta fund manager

RISKOMETER

Mirae Asset RISKOMETER

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

Videos

Mirae Asset Banking and PSU Fund

(Erstwhile known as Mirae Asset Banking and PSU Debt Fund)

(Banking and PSU Fund - 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)

Select Plan

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Returns with asset class

investment type

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Cumulative Returns

Click here to view our calculation methodology

performance

View Performance of the funds managed by the Fund Manager

calculators

SIP Top-up Calculator

calculators

SWP Calculator SIP Calculator SIP Top-up Calculator STP Calculator Rolling Return

How to achieve your goal

Mirae Asset Banking and PSU Fund

(Erstwhile known as Mirae Asset Banking and PSU Debt Fund)

(Banking and PSU Fund - 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)

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download

Holdings

	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%

Sector allocation historic

Diversified: flexibility to invest across sectors, themes & styles

Asset Allocation

Rating Profile

*Data as on 31st March, 2022.

DOWNLOADS

Forms

Click here to downloads the forms

SID

Click here to download SID (Scheme Information Document)

KIM

Click here to download KIM (Key Information Memorandum)

Factsheet

Click here to download the factsheets

Full Portfolio

Click here to download the full portfolio

Product Guide

Click here to download the Product Guide

Product Presentation

Click here to download the Product Presentation