Mirae Asset Banking and PSU Debt Fund Direct Payout of Income Dis cum Cptl Wrdl
Debt
Direct
Banking & Psu
NAV: ₹ 11.5 as on 29-09-2023
Fund Performance
About the Fund
Mirae Asset Banking and PSU Debt Fund Direct Payout of Income Dis cum Cptl Wrdl is a debt fund. This fund was started on 24 July, 2020. The fund is managed by . This fund is suitable to keep your money safe.
Key Parameters
- Mirae Asset Banking and PSU Debt Fund Direct Payout of Income Dis cum Cptl Wrdl has ₹83 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.4.
Mirae Asset Banking and PSU Debt Fund Direct Payout of Income Dis cum Cptl Wrdl Overview
 | 0.39% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹83 Cr |
 | 24 July, 2020 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 297.38% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
52.2%
Corporate
32.2%
Cash Equivalent
15.6%
Top Holdings of Mirae Asset Banking and PSU Debt Fund Direct Payout of Income Dis cum Cptl Wrdl as on (31-Aug-23)
Debt Holdings18
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.26% Govt Stock 2033 | 7.27% | 0% | |
Nhpc Limited | 6.03% | 0% | |
Housing And Urban Development Corporation Ltd. | 6.02% | 0% | |
State Bank Of India | 6.02% | 0% | |
Indian Railway Finance Corporation Limited | 6.02% | 0% |
See all
Mirae Asset Banking and PSU Debt Fund Direct Payout of Income Dis cum Cptl Wrdl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 86.1 Cr as of Aug'23
- AUM decreased by 7 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 4.54% since inception which is less than its category average return of 5.51%
AUM size ₹83 Cr
This fund has AUM of ₹83 Cr which is less than its category average of ₹ 3794 Cr
Expense Ratio 0.39%
This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.48%
Frequently Asked Questions
The current NAV of Mirae Asset Banking and PSU Debt Fund Direct Payout of Income Dis cum Cptl Wrdl is ₹11.51 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
Mirae Asset Banking and PSU Debt Fund Direct Payout of Income Dis cum Cptl Wrdl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.63% | 0.63% |
6 Month Returns | 3.71% | 3.71% |
1 Year Returns | 7.08% | 7.08% |
3 Years Returns | 15.2% | 4.83% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.39% as on August 2023
₹83 Cr as on August 2023
7.26% Govt Stock 2033(7.27%), Nhpc Limited(6.03%), Housing And Urban Development Corporation Ltd.(6.02%), State Bank Of India(6.02%), Indian Railway Finance Corporation Limited(6.02%) as on August 2023
Government(53.74%), Corporate(27.3%), Cash Equivalent(18.96%) as on August 2023
Yield to Maturity is 7.4 as on August 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.94 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
The Exit load of Mirae Asset Banking and PSU Debt Fund Direct Payout of Income Dis cum Cptl Wrdl is 0%