AMFI Registered MFD · ARN-130934 · Mutual fund investments are subject to market risks. CA Amit Kumar Jain · +91 93522 44475 Poornima Jain · +91 92525 44475 support@plenitude.co.in हिंदी

Mirae Asset Banking and PSU Debt Fund - Regular Plan - IDCW

Banking & PSU Funds invest at least 80% in debt of banks, public sector undertakings and public financial institutions.

AMC websiteNAV history (AMFI)

Mirae Asset Mutual FundBanking & PSU FundsRegular · IDCW (income distribution)
NAV · 15 Oct 2026₹13.6157▼ 0.02% (1 day)
  • Current NAV₹13.6157
  • Fund Size (AUM)—
  • Expense Ratio—
  • 1Y Return+3.20%
  • 3Y Return (CAGR)+6.28%
  • 5Y Return (CAGR)+5.37%
  • Category Rank (3Y)—
  • Riskometer—
  • Min. SIP / Lump sum—
More figures (11)
  • Since Launch (CAGR)+5.09%
  • Benchmark—
  • Volatility (3Y)1.14 %
  • Sharpe Ratio (3Y)-0.19
  • Beta (3Y)—
  • 52-week High / Low₹13.6831 / ₹13.1930
  • Max Drawdown-1.2 %
  • Launched27 Jul 2020
  • Lock-in—
  • Portfolio Turnover—
  • Fund Managers—

Performance chart

Past performance may or may not be sustained in future.

Quick take

  • Over 5 years it returned 5.4% a year.
  • Volatility over 3 years was 1.1% a year, with a Sharpe ratio of -0.19.
  • Its biggest fall from a peak was 1.2% (5 Apr 2022 to 9 May 2022).
  • Across all 3-year periods since launch, yearly returns ranged from 3.9% to 7.4% and were positive 100% of the time.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language.

Thinking of investing?

We help you invest in the Regular plan of schemes that suit your goals, and review them every year.

Book a free consultation Compare with other funds

Returns vs benchmark and category

Returns (%)1W1M3M6MYTD1Y2Y3Y5Y7Y10YSince launch
This fund-0.22%-0.24%+0.22%+1.77%+2.54%+3.20%+5.35%+6.28%+5.37%——+5.09%

Point-to-point NAV returns as on 15 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Regular Growth plans in Banking & PSU Funds. Q1 = top quarter by return over that period.

Calendar-year returns

Year2026 YTD20252024202320222021
This fund+2.54%+6.91%+7.95%+6.32%+2.68%+3.40%

January to December each year; the current year is to date.

Risk and consistency

Risk measure3 years5 years
Volatility (standard deviation) ?1.14%1.06%
Sharpe ratio ?-0.19-1.07
Sortino ratio ?-0.28-1.42
Maximum drawdown-0.74%-1.23%

Rolling 3-year returns (yearly)

Lowest+3.92%
Median+5.89%
Highest+7.40%
Positive100% of periods
Above 12% a year0% of periods

Rolling 5-year returns (yearly)

Lowest+5.23%
Median+5.49%
Highest+5.71%
Positive100% of periods
Above 12% a year0% of periods

Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.

SIP returns: ₹10,000 every month

SIP forInvestedValue todayGainXIRR
1Y₹1,20,000₹1,21,967₹1,967+3.04%
3Y₹3,60,000₹3,89,961₹29,961+5.26%
5Y₹6,00,000₹6,93,146₹93,146+5.71%

A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.

Compare with all Banking & PSU Funds (20)

About Banking & PSU Funds
Scheme (Regular plans, Growth)NAV1M6M1Y3Y5Y
Aditya Birla Sun Life Banking & PSU Debt Fund - Regular Plan - GROWTHAditya Birla Sun Life Mutual Fund₹386.8996—————
Axis Banking and PSU Debt Fund - Regular Plan - Growth optionAxis Mutual Fund₹2,794.19—————
Bajaj Finserv Banking and PSU Debt Fund - Regular Plan - GrowthBajaj Finserv Mutual Fund₹12.0380—————
Bandhan Banking and PSU Debt Fund - Regular Plan - GrowthBandhan Mutual Fund₹26.2791—————
Canara Robeco Banking and PSU Debt Fund - Regular Plan - Growth OptionCanara Robeco Mutual Fund₹12.6883—————
DSP Banking and PSU Debt Fund - Regular Plan - GrowthDSP Mutual Fund₹25.2186—————
Edelweiss Banking and PSU Debt Fund - Regular Plan - GrowthEdelweiss Mutual Fund₹26.0677—————
Franklin India Banking & PSU Debt Fund - Regular Plan - GrowthFranklin Templeton Mutual Fund₹24.1369—————
HDFC Banking and PSU Debt Fund - Regular Plan - Growth OptionHDFC Mutual Fund₹24.2668—————
HSBC Banking and PSU Debt Fund - Regular Plan - GrowthHSBC Mutual Fund₹25.6742—————
ICICI Prudential Banking and PSU Debt Fund - Regular Plan - GrowthICICI Prudential Mutual Fund₹34.7565—————
Invesco India Banking and PSU Debt Fund - Regular Plan - GrowthInvesco Mutual Fund₹2,391.14—————
ITI Banking & PSU Debt Fund - Regular Plan - Growth OptionITI Mutual Fund₹13.7648—————
Kotak Banking and PSU Debt Fund - Regular Plan - GrowthKotak Mahindra Mutual Fund₹69.3469—————
LIC MF Banking & PSU Debt Fund - Regular Plan - GrowthLIC Mutual Fund₹36.9304—————
Mirae Asset Banking and PSU Debt Fund - Regular Plan - GrowthMirae Asset Mutual Fund₹13.6160—————
Nippon India Banking and PSU Debt Fund - Regular Plan - Growth OptionNippon India Mutual Fund₹21.9226—————
SBI BANKING & PSU DEBT FUND - Regular Plan - GrowthSBI Mutual Fund₹3,312.40—————
Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund) - Regular Plan - GROWTHSundaram Mutual Fund₹45.7044—————
UTI Banking & PSU Debt Fund - Regular Plan - GrowthUTI Mutual Fund₹23.6387—————

Sorted by 3-year return; tap a heading to sort. Sorting by past returns is a way to explore data, not a ranking of which fund to choose. 3Y and 5Y are yearly (CAGR).

Scheme details

Fund house
Mirae Asset Mutual Fund
Category
Banking & PSU Funds · Debt
Plan / option
Regular · IDCW (income distribution)
AMFI scheme code
148418
ISIN
INF769K01FU7, INF769K01FW3
Exit load & portfolio
See the scheme's KIM and monthly factsheet on the fund house website.

About Banking & PSU Funds

Banking & PSU Funds invest at least 80% in debt of banks, public sector undertakings and public financial institutions.

Generally used by investors wanting relatively high-quality debt over 2–3+ years.

Other plans of this scheme

Questions about this scheme

What is the NAV of Mirae Asset Banking and PSU Debt Fund today?
The latest NAV of Mirae Asset Banking and PSU Debt Fund - Regular Plan - IDCW is ₹13.6157 as on 15 Oct 2026, as published by AMFI. NAVs are updated every business day evening.
What returns has Mirae Asset Banking and PSU Debt Fund given?
As on 15 Oct 2026: 1 year +3.20%, 3 years +6.28% a year, 5 years +5.37% a year. Past returns may or may not be sustained in future.
What is the expense ratio of Mirae Asset Banking and PSU Debt Fund?
See the scheme's latest factsheet on the fund house website for its expense ratio.
How risky is this fund?
Over 3 years its volatility was 1.1% a year and its biggest fall from a peak was 0.7%. Mutual fund investments are subject to market risks.
What is the difference between Direct and Regular plans?
Both plans hold the same portfolio. A Direct plan is bought straight from the fund house and has a lower expense ratio. A Regular plan is bought through a distributor, who is paid a commission from the expense ratio, so its NAV grows slightly slower.
What are Banking & PSU Funds?
Banking & PSU Funds invest at least 80% in debt of banks, public sector undertakings and public financial institutions.
Important. NAVs are from AMFI and mfapi.in; benchmark closes from Yahoo Finance; expense ratio, fund size and managers from published scheme data (Kuvera). Figures may be delayed; confirm with the fund house before transacting. Ranks and quartiles are positions by past return and are not a rating or recommendation. Mutual fund investments are subject to market risks; read all scheme-related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934) and earns commission from fund houses on Regular plans (see Disclosures).
Talk to us

Have a question about this topic?

Tell us a little about your situation and an expert will call you back, usually within 2 hours on business days.

Experts are available Mon–Sat, 10 AM – 7 PM

Book your free wealth consultation

  • 100% free
  • No obligation
  • Reply within 2 hours
+91
Join 2,000+ investors who plan with Plenitude
Your details are private and never shared.
WhatsApp Book free call