Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment
Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment: Mutual Fund Overview
Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment is an Banking and PSU mutual fund with over 5.66 years of performance history. The scheme manages an AUM of ₹43.67 Cr and has a NAV of ₹13.3106. It is rated '2' stars by analysts. Investors can begin a SIP with as little as ₹99.0, making it accessible for all types of investors. In the last 1 year, the fund has delivered a return of 5.5%.
Debt, Banking and PSU, Principal at moderate risk
1 Year Return 5.5% at 24 Mar 2026 04:08 PM
Fund Details
NAV 13.3106
Sub-Type Banking and PSU
Rating 2
Min. SIP Amount ₹99.0
Fund Age(Year) 5.66
Fund Size(in Crores) 43.67
Fund Performance
1 Month -0.27%
3 Month 0.52%
6 Month 1.53%
1 Year 5.5%
3 Year 6.67%
5 Year 5.46%
Know This Fund
As on 24 Mar 2026
Investment strategy that balances risk & reward by dividing the investment portfolio among different types of asset classes.
Equity (0%) Market Cap Top Sectors Top Holding
Debt & Others (100%) Sector Allocation Debenture 26.55 Non Convertible Debenture 14.94 Bonds/NCDs 3.47 Debt Credit Ratings AAA 65.22 A1+ 19.9 SOV 7.96 Cash & Call Money 6.3 Others 0.63 Debt Category Power Fin. Corp. 6.95 Axis Bank 9.15 Indian Railway Finance Corporation 6.96 Housing & Urban Dev Corp 3.37
Comparison with same funds
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & PSU Debt Fund Regular-Growth Ret 1M -0.22% Ret 1Y 5.82% Ret 3Y 6.96% Ret 5Y 5.98%
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & PSU Debt Fund Regular-IDCW Ret 1M -0.22% Ret 1Y 5.82% Ret 3Y 6.96% Ret 5Y 5.98%
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & PSU Debt Fund Regular-IDCW Monthly Ret 1M -0.22% Ret 1Y 5.82% Ret 3Y 6.96% Ret 5Y 5.98%
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & PSU Debt Fund Regular-IDCW Quarterly Ret 1M -0.22% Ret 1Y 5.82% Ret 3Y 6.96% Ret 5Y 5.98%
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & PSU Debt Fund Regular-IDCW Reinvestment Ret 1M -0.22% Ret 1Y 5.82% Ret 3Y 6.96% Ret 5Y 5.98%
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & PSU Debt Fund Retail-Growth Ret 1M -0.22% Ret 1Y 5.82% Ret 3Y 6.96% Ret 5Y 5.98%
Equity, Flexi Cap funds Aditya Birla Sun Life Banking & PSU Debt Fund Retail-IDCW Quarterly Ret 1M -0.22% Ret 1Y 5.82% Ret 3Y 6.96% Ret 5Y 5.98%
Equity, Flexi Cap funds Axis Banking & PSU Debt Fund-Bonus Ret 1M -0.18% Ret 1Y 6.09% Ret 3Y 6.87% Ret 5Y 5.77%
Equity, Flexi Cap funds Axis Banking & PSU Debt Fund-Growth Ret 1M -0.18% Ret 1Y 6.09% Ret 3Y 6.87% Ret 5Y 5.77%
Equity, Flexi Cap funds Axis Banking & PSU Debt Fund-IDCW Daily Reinvestment Ret 1M -0.18% Ret 1Y 6.09% Ret 3Y 6.87% Ret 5Y 5.77%
Equity, Flexi Cap funds Axis Banking & PSU Debt Fund-IDCW Monthly Payout Ret 1M -0.18% Ret 1Y 6.09% Ret 3Y 6.87% Ret 5Y 5.77%
Charges & Taxes Expense Ratio
Returns are taxed as per your Income Tax Slab.
Expense Ratio (Inclusive of GST): 0.8%
Exit Load 0%
Stamp Duty 0.005%
Fund Management
The various expenses, charges and taxes associated with your Mutual Fund
Basant Bafna
Education Mr. Bafna has done B.Com, MBA, CS, CA, FRM and CFA
Experience Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India
Kruti Chheta
Education Ms. Chheta has done BAF (Finance and Accounts) and MBA (Finance).
Experience Prior to joining Mirae Asset Mutual Fund, she has worked with A K Capital Services Ltd., Shriram Wealth Advisors Ltd. and Birla wealth management.
Riskometer
Mutual Fund Investments are subject to market risk. Read all scheme related documents carefully.
Principal at moderate risk
AMC and Fund details
Rank (total sets) 14
Date of Incorporation 2020-07-24
Total AUM 224201.22
The Scheme Seeks to generate returns from a portfolio of pure debt oriented funds accessed through the diverse investment styles of underlying schemes selected in accordance with the BSLAMC process.
Take Your Next Step
Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment FAQs
How to invest in Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment?
Investing in Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment through Motilal Oswal is simple and completely online. You just need to follow the step-by-step process below to get started in a few minutes.
- Log in to your Motilal Oswal account via the app or website
- Go to the Mutual Funds section
- Search for Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment in the search bar
- Select your preferred investment mode – Lumpsum or SIP
- Enter investment details such as amount and linked bank account
- Complete your KYC, if not already done
- Review and confirm details including fund name, plan type, amount, and bank account
- Make the payment using Net Banking, UPI, or other available options
- Receive transaction confirmation via email or SMS
What is the expense ratio of Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment?
The term expense ratio for Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment or any other mutual fund is the annual fee charged by the fund house for managing your investment scheme. The expense ratio of Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment is 0.8% as of 24 Mar 2026.
What is the NAV of Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment?
The NAV of Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment is ₹13.3106 as of 24 Mar 2026.
What is the AUM of Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment?
The AUM (Assets Under Management) of Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment is the total value of assets managed by the fund at a given time, which is updated regularly. The AUM of Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment is ₹43.67 Cr as of 24 Mar 2026.
What is the PE and PB ratio of Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment?
The PE ratio of Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment shows how much investors are paying for the fund's underlying earnings, while the PB ratio indicates how the fund's holdings are valued compared to their book value.
Can I invest in SIP and Lump Sum in Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment?
Yes, you can invest in Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment through both SIP (Systematic Investment Plan) and lump sum options, depending on your investment preference and financial goals.
What is the return of Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment in the last 5 years?
The return of Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment in the last 5 years is 5.46%.
What is the minimum SIP investment required in Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment?
The minimum SIP investment in Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment depends on the fund's scheme rules and usually starts at a small amount. For Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment, the minimum SIP amount is ₹99.0.
What is the current NAV of Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment?
The NAV of Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment, as of 24 Mar 2026, is ₹13.3106.
Who manages the Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment?
The fund managers responsible for Mirae Asset Banking and PSU Fund Regular-IDCW Reinvestment are:
- Basant Bafna
- Kruti Chheta