- AMC
- Mirae Asset Mutual Fund
- Category
- Banking and PSU Debt Fund
- ISIN
- INF769K01FY9
Mirae Asset Banking and PSU Fund
₹14.1005
−₹0.0059 (−0.04%)
NAV · Direct · Growth ·
Mirae Asset Banking and PSU Fund's Direct Growth NAV was ₹14.1005 on 12 Nov 2026, down 0.04% on the day. Its 3-year return is 6.85% a year.
- Expense ratio
- 0.37%
- Fund size
- ₹39.76 Cr
- Min. investment
- ₹5,000
NAV history
Between 12 Nov 2025 and 12 Nov 2026, the NAV ranged from ₹13.5584 to ₹14.1131.
Direct · Growth plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old.
Category rank
- 1Y return
- #13of 16
- 3Y return (p.a.)
- #12of 15
Among Direct Growth plans of Banking and PSU Debt Funds by return, as of 12 Nov 2026.
All Banking and PSU Debt FundsFund details
- Expense ratio
- 0.37% (Direct)
- Exit load
- nil
- Riskometer
- Moderate
- Benchmark
- CRISIL Banking and PSU Debt A-II Index
- Launched
- 8 Jul 2020
- Fund managers
- Kruti Chheta
Fund size, expense ratio and minimums as of 1 Nov 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | 1 year |
|---|---|---|---|---|---|
| Direct · Growth | INF769K01FY9 | ₹14.1005 | −0.04% | 0.37% | +3.96% |
| Regular · Growth | INF769K01FV5 | ₹13.7068 | −0.04% | 0.82% | +3.49% |
| Direct · IDCW | INF769K01FX1 | ₹14.0932 | −0.04% | 0.37% | +3.95% |
| Regular · IDCW | INF769K01FU7 | ₹13.7080 | −0.04% | 0.82% | +3.49% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
About this fund
Mirae Asset Banking and PSU Fund is an open-ended mutual fund from Mirae Asset Mutual Fund, in the Banking and PSU Debt Fund category. It began on 8 Jul 2020. It is benchmarked to the CRISIL Banking and PSU Debt A-II Index. The fund manages ₹39.76 Cr across its plans as of 1 Nov 2026. The Direct · Growth plan has an expense ratio of 0.37%. The minimum first investment is ₹5,000, and SIPs are available.
FAQs
What is the NAV of Mirae Asset Banking and PSU Fund?
The NAV of Mirae Asset Banking and PSU Fund (Direct · Growth) was ₹14.1005 on 12 Nov 2026, down 0.04% from the previous NAV.
What plans does Mirae Asset Banking and PSU Fund have?
Mirae Asset Banking and PSU Fund has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Regular · IDCW.
What is the expense ratio of Mirae Asset Banking and PSU Fund?
The Direct · Growth plan of Mirae Asset Banking and PSU Fund has an expense ratio of 0.37%.
What is the fund size (AUM) of Mirae Asset Banking and PSU Fund?
Mirae Asset Banking and PSU Fund manages ₹39.76 Cr across all plans as of 1 Nov 2026.
What returns has Mirae Asset Banking and PSU Fund delivered?
Mirae Asset Banking and PSU Fund returned +3.96% over 1Y, +6.85% a year over 3Y, +5.96% a year over 5Y. Past performance does not guarantee future returns.
What is the exit load of Mirae Asset Banking and PSU Fund?
Mirae Asset Banking and PSU Fund: nil.
What is the minimum investment and SIP amount for Mirae Asset Banking and PSU Fund?
The minimum first investment in Mirae Asset Banking and PSU Fund is ₹5,000, and ₹1,000 after that. SIPs are available (SIP available Monthly/Quarterly with minimum Rs. 1000 in multiples of Re. 1, minimum 5 instalments, all dates except 29, 30, 31).
How risky is Mirae Asset Banking and PSU Fund?
Mirae Asset Banking and PSU Fund is rated "moderate risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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