Mirae Asset Banking and PSU Debt Fund Direct Payout of Income Dis cum Cptl Wrdl
Mirae Asset Banking and PSU Debt Fund Direct Payout of Income Dis cum Cptl Wrdl

Mirae Asset Banking and PSU Debt Fund Direct Payout of Income Dis cum Cptl Wrdl

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Debt
Direct
Banking & Psu

NAV: ₹ 10.9 as on 02-12-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
This Fund
0.8%
1.2%
2.8%
3%
Benchmark
0.7%
1%
2.7%
2.8%
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 Mahendra Jajoo. This fund is suitable to keep your money safe.

Key parameters

1) Mirae Asset Banking and PSU Debt Fund Direct Payout of Income Dis cum Cptl Wrdl has a NAV of 10.9013 as on 02-12-2022.

2) Mirae Asset Banking and PSU Debt Fund Direct Payout of Income Dis cum Cptl Wrdl has 96 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 0.41 %.

Fund Overview

Expense ratio
Expense ratio
0.41%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹96 Cr
Inception Date
Inception Date
24 July, 2020
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
230.06%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Oct'22

Sep'22

Aug'22

Government

61.5%

Corporate

30.4%

Cash Equivalent

8.2%

Top Holdings

  • All
  • Debt & Cash
Total Holdings16
Debt Holdings16
Holdings
Weight%
Holdings Trend
1M Change
icon
National Housing Bank
10.31%
0%
icon
Indian Oil Corporation Limited
7.67%
0%
icon
Export Import Bank Of India
7.64%
0%
icon
7.26% Govt Stock 2032
6.27%
400%
icon
7.38% Govt Stock 2027
5.28%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 3.2 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 96.8 Cr
Sep'22
₹ 100 Cr
Aug'22
₹ 107.3 Cr

Fund Returns vs Benchmark

Oct'22
0.65%
0.71%
Sep'22
0.05%
-0.06%
Aug'22
0.60%
0.66%
Fund Return
Benchmark Return

Fund Manager

Mahendra Jajoo

Mahendra Jajoo

Managing this fund since 24 July 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Equity Savings Fund Direct Growth
12.72%
9.05%
Mirae Asset Hybrid Equity Fund -Direct Plan-Growth
15.72%
15.24%
Mirae Asset Savings Fund Direct Plan Growth
5%
5.03%

AMC details

Address
Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098
Phone
91-22-22-6780300
Fund House
Mirae Asset Investment Managers (India) Private Limited

Fund Highlights

meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 3.73% since inception which is less than its category average return of 5.36%
AUM size ₹96 Cr

AUM size ₹96 Cr

This fund has AUM of ₹96 Cr which is less than its category average of ₹ 3636 Cr
Expense Ratio 0.41%

Expense Ratio 0.41%

This fund has an expense ratio of 0.41% 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 10.9.
Existing (Absolute + CAGR)
Mirae Asset Banking and PSU Debt Fund Direct Payout of Income Dis cum Cptl Wrdl
Absolute Returns
CAGR Returns
1 Month Returns
0.78%
0.78%
6 Month Returns
2.79%
2.79%
1 Year Returns
2.96%
2.96%
3 Years Returns
0%
0%
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.
0.41 as on November 2022
96 Cr as on November 2022
7.28
1.45
AAA
100
Mahendra Jajoo is the fund manager of Mirae Asset Banking and PSU Debt Fund Direct Payout of Income Dis cum Cptl Wrdl
The Exit load of Mirae Asset Banking and PSU Debt Fund Direct Payout of Income Dis cum Cptl Wrdl is 0%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.