Mirae Asset Mutual Fundimage

Mirae Asset Banking and PSU Fund

DebtBanking & PSUIDCWGrowthIDCW-Reinvestment

Fund Overview

NAV (19 Nov 24)

₹ 12.31

AUM (in Cr)

₹ 55.22

3 Years CAGR

% 5.41

Risk Level 

Moderate

Fund Performance

Name
1 Month%
3 Month%
6 Month%
1 Year%
3 Year%
5 Year%
Mirae Asset Banking and PSU Fund
0.46
1.76
3.89
7.79
5.41
0.00
Nifty Banking & Psu Debt Index A-II
0.54
1.82
3.96
7.79
5.59
6.09
Banking & PSU
0.69
2.09
4.03
7.67
5.58
6.39

Note:  The Benchmark adopted by the AMC may be different from the one indicated above. Information available here is on the basis of internal data, publicly available information and other sources believed to be reliable, produced for information purpose only and should not be construed as investment advice to any party.

Scheme Information

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.

Expense Ratio
% 0.81
Benchmark
Nifty Banking & Psu Debt Index A-II
AUM
₹ 55.22
Inception Date
08 Jul 2020
Turnover Ratio
-
Exit Load
Nil
Asset Class
Debt
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