Mirae Asset Banking and PSU Debt Fund-Reg(G)
- Debt
- Banking and PSU Fund
- Moderate Risk
Fund Overview
- Assets Under Management (AUM)
- ₹40.40 Cr
- Expense Ratio
- 0.69%
- Riskometer
- Moderate
- Category
- Banking and PSU Fund
- Asset Type
- Debt
- Benchmark
- CRISIL 10 Year Gilt Index
- SIP
- Available
- Switch
- Available
- Inception Date
- 31 Jan 2024
- ISIN
- INF769K01FV5
- Scheme Code
- BPRG
- Fund Scheme ID
- 23535
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Performance & Returns
Calculate SIP ReturnsReturns by period
| Period | Trailing Return | Absolute Return | Annualised Return | CAGR |
|---|---|---|---|---|
| 1 Month | 3.29% | 0.28% | 3.29% | 2.06% |
| 3 Months | 8.28% | 2.09% | 8.28% | 7.97% |
| 6 Months | 4.66% | 2.35% | 4.66% | 4.12% |
| 1 Year | 4.71% | 4.71% | 4.71% | 4.62% |
| 3 Years | 6.50% | 20.83% | 6.94% | 6.45% |
| 5 Years | 5.47% | 30.53% | 6.10% | 5.43% |
| Since Inception | 5.24% | 36.68% | 6.00% | 5.21% |
Past performance is not indicative of future returns.
Portfolio
Asset Allocation
100.00%
- Corporate Debt62.70%
- Certificate of Deposit15.45%
- Government Securities12.16%
- Cash & Cash Equivalents and Net Assets8.99%
- Alternative Investment Fund0.70%
Top Sectors
- Bank44.69%
- Finance30.98%
- G-Sec12.16%
- Miscellaneous6.24%
- Others3.45%
- Business Services2.49%
Holdings
Overview of fund allocations across sectors and securities
Bank
Value
₹18.06 Cr
Weightage
44.69%
Finance
Value
₹12.52 Cr
Weightage
30.98%
G-Sec
Value
₹4.91 Cr
Weightage
12.16%
Miscellaneous
Value
₹2.52 Cr
Weightage
6.24%
Others
Value
₹1.39 Cr
Weightage
3.45%
Business Services
Value
₹1.01 Cr
Weightage
2.49%
About
Fund Manager(s)
Ms. Kruti Chheta
Launch Date
31 Jan 2024
Benchmark
CRISIL 10 Year Gilt Index
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.
RISKOMETER
The riskometer indicates the level of risk associated with the fund based on historical data and portfolio composition.
Exit Load, Stamp Duty and Tax Implication
- Exit load
- Nil
- Stamp duty on investment: 0.005% (from July 1st, 2020)
- from July 1st 2020
- Tax implication
- --
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