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Mirae Asset Banking and PSU Fund-Dir (IDCW)

Banking and PSU Fund • OPEN
NAV as of May 21, 2026
₹13.66
1 day change
Returns since inception
5.51%
CAGR
AUM (Fund size)
₹42 Cr
NAV: ₹ 13.66
as on May 21, 2026
Mirae Asset Banking and PSU Fund-Dir (IDCW)

Mirae Asset Banking and PSU Fund-Dir (IDCW) Overview

AUM (Fund size) ₹ 42 Cr
Expense ratio 0.35 %
Exit load Nil
Plan type Direct Fund
Risk Moderate
Lock-in Period Nil
Benchmark CRISIL Banking and PSU Debt A-II Index
Min. investment SIP: ₹100    Lumpsum: ₹5,000
Age 5 yrs 10 m since Jul 08, 2020
Tax implication STCG Tax: As per your Income Tax Slab, if redeemed before 3 Years, LTCG Tax: 20% with indexation benefitu00a0 post 3 Years

Holdings Distribution

No Sector Data Available

Top Holdings

TREPS 9.18%
E X I M Bank 7.09%
Canara Bank 7.00%
GSEC2035 6.48 6.86%
Kotak Mah. Bank 6.68%
HDFC Bank 4.77%
I R F C 4.74%
HDFC Bank 4.60%
N A B A R D 4.24%
N A B A R D 3.55%

Scheme Information

Mirae Asset Banking and PSU Fund-Dir (IDCW) was launched on 08/07/2020. The fund manages ₹42 Cr in assets. Its current expense ratio is 0.35%.

Fund Manager: Kruti Chheta

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FAQs on Mirae Asset Banking and PSU Fund-Dir (IDCW)

The current expense ratio of Mirae Asset Banking and PSU Fund-Dir (IDCW) is 0.35%.

The AUM of Mirae Asset Banking and PSU Fund-Dir (IDCW) is ₹42 crore.

Log in to your investment platform, select the fund, enter units or amount, and confirm the redemption request.

Yes, Mirae Asset Banking and PSU Fund-Dir (IDCW) allows both SIP and lump sum investments.

The latest NAV is ₹13.66.

Minimum SIP starts from ₹100.

Redemption can be done via AMC website or your investment platform.

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