Mirae Asset Banking and PSU Fund - Direct Plan - IDCW

Open Ended Schemes(Debt Scheme - Banking and PSU Fund)Low to Moderate Risk★★★★★ISIN INF769K01FX1

NAV · 06-Jul-2026

₹13.9827

+1.84%

+2.79%

1Y (CAGR)

+4.93%

3Y (CAGR)

+7.17%

5Y (CAGR)

+6.14%

Since inception (CAGR)

+5.81%

NAV history

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Risk & SIP analytics

Q1 · TOP · 3Y in category

Volatility (3y)

1.56%

Downside dev (3y)

1.75%

Max drawdown (3y)

-1.4%

Sharpe (3y)

0.43

SIP XIRR (3y)

+6.92%

SIP XIRR (5y)

+6.81%

Calendar-year returns

2021 +3.9%2022 +3.1%2023 +6.8%2024 +8.4%2025 +7.4%

Fund facts

Fund managerKruti Chheta

AUM₹413 Cr

Expense ratio0.3% · 2026-05-31

TER · AMFI officialDirect 0.36% · Regular 0.82% (2026-06-30)

Launch date08-Jul-2020

Plan typeOpen Ended · Debt

Min lumpsum₹5,000

Min SIP₹99

Lock-inNone

Volatility1.33

AMCMirae Asset Investment Managers (India) Pvt. Ltd

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.

scheme documents ↗