GMP IPO Watch
Mirae Asset Banking and PSU Debt Fund
Regular Plan · Growth · Mirae Asset Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.61% | +0.43% | 2 of 20 |
| 1M | +0.14% | +0.12% | 7 of 20 |
| 3M | +0.24% | +0.24% | 10 of 20 |
| 6M | +2.34% | +2.22% | 12 of 20 |
| YTD | +2.86% | +3.02% | 16 of 20 |
| 1Y | +3.34% | +3.54% | 16 of 20 |
| 2Y | +5.48% | +5.15% | 15 of 20 |
| 3Y | +6.30% | +5.71% | 14 of 19 |
| 5Y | +5.45% | +5.34% | 14 of 17 |
| INCEPTION | +5.10% | — | — |
Ranked among: Debt Scheme - Banking and PSU Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.31% | +4.12% | -0.78% | 94% | 38% |
| 6M | +2.62% | +5.77% | -0.26% | 98% | 40% |
| 1Y | +5.44% | +9.91% | +1.39% | 100% | 42% |
| 2Y | +5.72% | +7.99% | +2.84% | 100% | 42% |
| 3Y | +5.83% | +7.49% | +3.92% | 100% | 42% |
| 5Y | +5.48% | +5.70% | +5.21% | 100% | 42% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt85.68%
- Cash14.32%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| TREPS | Reverse Repo / TREPS | 11.63% | — |
| Kotak Mahindra Bank Ltd. (MD 12/02/2027)** | Money Market | 7.54% | +0.21% |
| IRFC-7.57%-18-4-29-PVT | Debt | 5.14% | +0.10% |
| 7.48% National Bank for Agriculture and Rural Development (MD 15/09/2028) | Debt | 5.12% | +2.61% |
| 7.23% Export-Import Bank of India (MD 18/03/2031)** | Debt | 5.06% | +0.08% |
| GOI LOAN 6.94% 2036 | Debt | 5.06% | +0.03% |
| Punjab National Bank (MD 05/02/2027)** | Money Market | 5.03% | +0.14% |
| 7.80% HDFC Bank Ltd. (MD 03/05/2033)** | Debt | 4.32% | +0.07% |
| 7.62% National Bank for Agriculture and Rural Development (MD 10/05/2029)** | Debt | 3.84% | +0.08% |
| 7.47% Small Industries Development Bank of India (MD 05/09/2029)** | Debt | 3.82% | +0.07% |
| 6.52% REC Ltd. (MD 31/01/2028)** | Debt | 3.80% | +0.08% |
| Indian Bank (MD 12/01/2027) | Money Market | 3.79% | +0.11% |
| 7.12% Housing and Urban Development Corporation Ltd. (MD 26/12/2034)** | Debt | 3.69% | +0.03% |
| Net Receivables / (Payables) | Net Current Assets | 2.69% | — |
| 7.56% India Infrastructure Finance Company Ltd. (MD 20/03/2028)** | Debt | 2.57% | +0.05% |
View all 27 holdings
| 7.42% Power Finance Corporation Ltd. (MD 15/04/2028)** | Debt | 2.56% | +0.05% |
| 6.95% REC Ltd. (MD 18/02/2028)** | Debt | 2.55% | +0.05% |
| 7.54% Knowledge Realty Trust (MD 08/05/2029)** | Debt | 2.55% | +0.05% |
| 7.42% Small Industries Development Bank of India (MD 12/03/2029)** | Debt | 2.55% | — |
| ICICI Bank Ltd. (MD 12/02/2027)** | Money Market | 2.51% | +0.07% |
| Canara Bank (MD 12/03/2027)** | Money Market | 2.50% | +0.07% |
| 6.87% REC Ltd. (MD 31/05/2030)** | Debt | 2.49% | +0.04% |
| GOI LOAN 6.48% 2035 | Debt | 2.46% | +0.02% |
| Small Industries Development Bank of India (MD 20/08/2027)** | Money Market | 2.41% | +0.06% |
| 690GOI65 | Debt | 2.31% | — |
| EXIM 7.45% 2028 SR Z01 | Debt | 1.28% | +0.02% |
| Corporate Debt Market Development Fund - Class A2 | Debt | 0.73% | +0.01% |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.33 | 1.27 | High Volatility |
| 3Y | 1.16 | 1.09 | High Volatility |
| 5Y | 1.07 | 1.23 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -1.42 | -1.67 | Above Average |
| 3Y | 0.26 | -0.48 | Above Average |
| 5Y | -0.23 | -0.55 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 4.17 | 5.46 | Below Average |
| 3Y | 10.15 | 10.70 | Below Average |
| 5Y | 8.69 | 8.99 | Below Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.86 | 0.83 | Poor Risk Adjusted Returns |
| 3Y | 0.98 | 0.91 | Poor Risk Adjusted Returns |
| 5Y | 0.87 | 0.79 | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
UTI Banking & PSU Debt Fund
Regular Plan · Growth
|
+5.52% | +7.16% | +7.52% | +6.99% |
|
Bandhan Banking and PSU Debt Fund
Direct Plan · Growth
|
+5.14% | +7.02% | +6.27% | +7.60% |
|
Franklin India Banking & PSU Debt Fund
Regular Plan · Growth
|
+5.08% | +7.02% | +6.12% | +7.31% |
|
ICICI Prudential Banking and PSU Debt Fund
Regular Plan · Growth
|
+4.28% | +6.66% | +6.18% | +7.71% |
|
SBI BANKING & PSU DEBT FUND
Regular Plan · Growth
|
+4.00% | +6.61% | +5.70% | +7.15% |
|
Kotak Banking and PSU Debt Fund
Regular Plan · Growth
|
+4.00% | +6.70% | +5.94% | +7.61% |
|
LIC MF Banking & PSU Debt Fund
Regular Plan · Daily IDCW
|
+3.97% | +2.92% | +1.95% | +0.89% |
|
Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund)
Regular Plan · GROWTH
|
+3.95% | +6.72% | +5.85% | +7.31% |
|
Bajaj Finserv Banking and PSU Debt Fund
Direct Plan · Growth
|
+3.94% | — | — | +7.04% |
|
Axis Banking and PSU Debt Fund
Regular Plan · Growth option
|
+3.91% | +6.51% | +5.84% | +7.41% |
More From Mirae Asset Investment Managers (India) Pvt. Ltd
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Mirae Asset S&P 500 Top 50 ETF Fund of Fund
Direct Plan · Growth
|
+29.35% | +41.95% | +25.08% | +25.94% |
| Mirae Asset Silver ETF | +26.31% | +36.47% | — | +30.17% |
|
Mirae Asset NYSE FANG + ETF Fund of Fund
Direct Plan · Growth
|
+21.29% | +50.85% | +29.57% | +31.68% |
|
Mirae Asset Gold Silver Passive FoF
Direct Plan · IDCW
|
+21.29% | — | — | +35.40% |
|
Mirae Asset Healthcare Fund
Direct Plan · Growth
|
+21.28% | +24.36% | +16.89% | +22.00% |
| Mirae Asset Nifty Metal ETF | +19.77% | — | — | +11.29% |
|
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund
Direct Plan · Growth
|
+18.59% | +34.76% | — | +33.45% |
| Mirae Asset Gold ETF | +16.94% | +31.04% | — | +27.13% |
|
Mirae Asset Gold ETF Fund of Fund
Direct Plan · Growth
|
+16.76% | — | — | +32.55% |
| Mirae Asset NYSE FANG+ ETF | +9.94% | +37.12% | +22.50% | +24.56% |
About This Scheme
Investment Objective
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.
Stated Asset Allocation
Debt Instruments* issued by Banks, Public Sector Undertakings (PSUs) & Public Financial Institutions (PFIs) and Municipal Bonds - 80% to 100%(Low to Medium)Debt (including government securities) and Money Market Instruments issued by entities other than Banks, PFIs, PSUs and Municipal Bonds and Units issued by InVITs - 0% to 20% (Low to Medium) *Debt instruments” include all categories of debt instruments, including ‘money market instrument
Exit Load
NIL
Fund Managers
Ms. Kruti Chheta
Ms. Kruti Chheta - Primary
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.