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Mutual fundsSIF

Mirae Asset Banking and PSU Debt Fund - Regular Plan - IDCW

NAVs of 8 Nov 2026

Mirae Asset Mutual Fund · Debt fund · Regular plan · IDCW

Banking & PSURegular · IDCWRisk: Moderate
NAV · 5 Nov 2026
₹14.0903 ▲ 0.31%
Mirae Asset Mutual Fund
Fund size₹39.76 crJuly - September 2026
1-month range₹13.96 – 14.09
1 year+4.12%
Expense ratio0.82%regular plan, a year
5 years+5.99%a year

What the fund does

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.The Scheme does not guarantee or assure any returns.

BenchmarkCRISIL Banking and PSU Debt A-II Index
Launched24 Jul 2020
Fund houseMirae Asset Mutual Fund
Fund managersKruti Chheta

NAV history

141414 2026-08-102026-08-212026-09-042026-09-182026-10-012026-10-152026-10-29

Returns

1 week
+0.81%avg 0.6%
1 month
+0.39%avg 0.3%
3 months
+0.54%avg 0.4%
6 months
+2.59%avg 2.5%
This year
+3.61%avg 3.6%
1 year
+4.12%avg 4.2%
3 years (a year)
+6.88%avg 6.7%
5 years (a year)
+5.99%avg 6.0%

Bars: this plan; the thin mark is the Banking & PSU average (regular plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

YearJanFebMarAprMayJunJulAugSepOctNovDec
2024+0.6
2025+0.8+0.2+1.4+1.5+1.2-0.2+0.6-0.1+0.6+0.8+0.5+0.1
2026-0.0+0.7-0.5+0.4+0.3+1.8+0.2+0.2+0.1-0.3+0.8

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Holdings2427 lines in all
Top 10 holdings48.7%of the fund
Debt61.2%bonds, government securities
Money market23.8%CDs, CPs, treasury bills

Where the money is

Debt 61.2%Money market 23.8%Cash & others 15.1%

Credit quality (debt and money market)

AAA
51.3%
A1+
23.8%
Sovereign
9.8%

Changes since 31 Aug 2026

Share of fund30 Sept 202631 Aug 2026Change
Debt61.2%62.8%-1.66
Money market23.8%23.1%+0.66
Cash & others15.1%14.1%+1.01

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Bonds, money market and cash 27

HoldingSector / type% of fund
TREPS–11.63%
Kotak Mahindra Bank Ltd. (MD 12/02/2027)**#
INE237AD6141		CRISIL A1+7.54%
7.57% Indian Railway Finance Corporation Ltd. (MD 18/04/2029)**
INE053F08353		CRISIL AAA5.14%
7.48% National Bank for Agriculture and Rural Development (MD 15/09/2028)
INE261F08EO7		CRISIL AAA5.12%
6.94% Government of India (MD 11/05/2036)
IN0020260025		Sovereign5.06%
7.23% Export-Import Bank of India (MD 18/03/2031)**
INE514E08GG3		CRISIL AAA5.06%
Punjab National Bank (MD 05/02/2027)**#
INE160A16UE2		CRISIL A1+5.03%
7.80% HDFC Bank Ltd. (MD 03/05/2033)**
INE040A08666		CRISIL AAA4.32%
7.62% National Bank for Agriculture and Rural Development (MD 10/05/2029)**
INE261F08EH1		CRISIL AAA3.84%
7.47% Small Industries Development Bank of India (MD 05/09/2029)**
INE556F08KR0		CRISIL AAA3.82%
6.52% REC Ltd. (MD 31/01/2028)**
INE020B08FW6		[ICRA]AAA3.80%
Indian Bank (MD 12/01/2027)#
INE562A16QE7		CRISIL A1+3.79%
7.12% Housing and Urban Development Corporation Ltd. (MD 26/12/2034)**
INE031A08921		[ICRA]AAA3.69%
Net Receivables / (Payables)–2.69%
7.56% India Infrastructure Finance Company Ltd. (MD 20/03/2028)**
INE787H08188		IND AAA2.57%
7.42% Power Finance Corporation Ltd. (MD 15/04/2028)**
INE134E08NL6		CRISIL AAA2.56%
6.95% REC Ltd. (MD 18/02/2028)**
INE020B08GB8		CRISIL AAA2.55%
7.54% Knowledge Realty Trust (MD 08/05/2029)**
INE1JAR07028		CRISIL AAA2.55%
7.42% Small Industries Development Bank of India (MD 12/03/2029)**
INE556F08KW0		CRISIL AAA2.55%
ICICI Bank Ltd. (MD 12/02/2027)**#
INE090AD6287		[ICRA]A1+2.51%
Canara Bank (MD 12/03/2027)**#
INE476A16H92		CRISIL A1+2.50%
6.87% REC Ltd. (MD 31/05/2030)**
INE020B08FU0		[ICRA]AAA2.49%
6.48% Government of India (MD 06/10/2035)
IN0020250091		Sovereign2.46%
Small Industries Development Bank of India (MD 20/08/2027)**#
INE556F16CG3		CRISIL A1+2.41%
6.90% Government of India (MD 15/04/2065)
IN0020250018		Sovereign2.31%
7.45% Export-Import Bank of India (MD 12/04/2028)**
INE514E08GB4		CRISIL AAA1.28%
Corporate Debt Market Development Fund - Class A2#
INF0RQ622028		–0.73%

From the fund house's monthly portfolio (miraeassetmf.co.in), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility1.4%yearly, from daily NAVs
Worst fall-0.86%31 Mar 2022 → 31 May 2022
RiskometerModerateModerate

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 Jul 2020).

Fund details

Fund size (average AUM, July - September 2026)₹39.76 cr across all plans · this plan ₹0.22 cr
Fund houseMirae Asset Mutual Fund
CategoryDebt · Banking & PSU
PlanRegular
OptionIDCW
Expense ratio (TER)Direct 0.37% · Regular 0.82% (5 Nov 2026)
Minimum investment₹5,000 · additional ₹1,000
Scheme code (AMFI)148417
ISININF769K01FX1
NAV date5 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

PlanNAV1 year
Regular · Growth₹13.7051+3.66%
Regular · Growth₹14.0975+4.14%
Regular · IDCW₹13.7063+3.66%

Top Banking & PSU funds (regular plans)

Fund1 year3 years (a year)
UTI Banking & PSU Debt Fund+5.58%+7.19%
Franklin India Banking & PSU Debt Fund+5.14%+7.05%
Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund)+4.40%+7.00%
Axis Banking and PSU Debt Fund+4.50%+6.92%
Mirae Asset Banking and PSU Debt Fund+4.14%+6.90%
Kotak Banking and PSU Debt Fund+4.43%+6.86%
Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund)+4.23%+6.85%
Edelweiss Banking and PSU Debt Fund+3.92%+6.78%

All Banking & PSU funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of Mirae Asset Banking and PSU Debt Fund - Regular Plan - IDCW today?

₹14.0903 as of 5 Nov 2026, from AMFI's official NAV data.

What are the returns of Mirae Asset Banking and PSU Debt Fund - Regular Plan - IDCW?

1 year: 4.12%, 3 years: 6.88% a year, 5 years: 5.99% a year

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.