TickerKhojMirae Asset Mutual Fund · Debt · Banking and PSU Debt · Direct plan
Mirae Asset Banking and PSU Debt Fund - Direct Plan - Growth
₹13.9857NAV on 30 Oct 2026Expense ratio 0.37%
29 Oct 2025NAV low 13.52 · high 14.06+3.4%
In plain words
Over 3 years it returned +6.7% a year, against +7.4% for its benchmark index.
Its worst fall from a peak in the last 3 years was -0.7%.
On 3-year return it ranks 13 of 15 funds in Banking and PSU Debt.
A monthly SIP over 5 years ended ₹8,398 higher in the direct plan than the regular plan, because of the lower expense ratio.
Past returns, not a promise of future returns or a recommendation.
Returns vs benchmark
| Period | Fund | Benchmark |
|---|---|---|
| 1 month | -0.3% | +1.9% |
| 3 months | 0.0% | -5.1% |
| 6 months | +2.2% | -3.2% |
| 1 year | +3.5% | -10.2% |
| 3 years (yearly) | +6.7% | +7.4% |
| 5 years (yearly) | +5.8% | +6.5% |
| Since start (yearly) | +5.5% | +11.2% |
Monthly SIP of ₹10,000
| Period | Invested | Value now | Yearly return |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,22,382 | +3.3% |
| 3 years | ₹3,60,000 | ₹3,93,288 | +5.5% |
| 5 years | ₹5,90,000 | ₹6,88,851 | +6.0% |
Top holdings (30 Sept 2026)
Fund size ₹39 crore · 25 holdings · 0% in equity
| Company | Industry | Weight |
|---|---|---|
| Kotak Mahindra Bank Ltd. (MD 12/02/2027)**# | CRISIL A1+ | 7.54% |
| 7.57% Indian Railway Finance Corporation Ltd. (MD 18/04/2029)** | CRISIL AAA | 5.14% |
| 7.48% National Bank for Agriculture and Rural Development (MD 15/09/2028) | CRISIL AAA | 5.12% |
| 7.23% Export-Import Bank of India (MD 18/03/2031)** | CRISIL AAA | 5.06% |
| 6.94% Government of India (MD 11/05/2036) | Sovereign | 5.06% |
| Punjab National Bank (MD 05/02/2027)**# | CRISIL A1+ | 5.03% |
| 7.80% HDFC Bank Ltd. (MD 03/05/2033)** | CRISIL AAA | 4.32% |
| 7.62% National Bank for Agriculture and Rural Development (MD 10/05/2029)** | CRISIL AAA | 3.84% |
| 7.47% Small Industries Development Bank of India (MD 05/09/2029)** | CRISIL AAA | 3.82% |
| 6.52% REC Ltd. (MD 31/01/2028)** | [ICRA]AAA | 3.80% |
| Indian Bank (MD 12/01/2027)# | CRISIL A1+ | 3.79% |
| 7.12% Housing and Urban Development Corporation Ltd. (MD 26/12/2034)** | [ICRA]AAA | 3.69% |
| 7.56% India Infrastructure Finance Company Ltd. (MD 20/03/2028)** | IND AAA | 2.57% |
| 7.42% Power Finance Corporation Ltd. (MD 15/04/2028)** | CRISIL AAA | 2.56% |
| 6.95% REC Ltd. (MD 18/02/2028)** | CRISIL AAA | 2.55% |
Largest industries: CRISIL AAA 38.8%, CRISIL A1+ 21.3%, [ICRA]AAA 10.0%, Sovereign 9.8%, IND AAA 2.6%, [ICRA]A1+ 2.5%.
Other plan of this fund: Mirae Asset Banking and PSU Debt Fund - Regular Plan - Growth