Previously Known As : Mirae Asset Banking And Psu Debt Fund
Mirae Asset Banking And Psu Fund Overview
Category Banking and PSU Fund
BMSMONEY Rank 17
BMSMONEY Rating
Gro. Opt. As On: 20-12-2024
NAV ₹12.39(R) -0.02% ₹12.63(D) -0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 7.83% 5.55% -% -% -%
LumpSum (D) 8.32% 6.02% -% -% -%
SIP (R) -37.75% 1.33% -% -% -%
SIP (D) -37.43% 1.83% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-1.11 -0.34 0.5 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
1.16% -0.18% -0.93% - 0.9%
Top Banking and PSU Fund
Fund Name Rank Rating
UTI Banking & PSU Fund 1
Dsp Banking & Psu Debt Fund 2
ICICI Prudential Banking & PSU Debt Fund 3
Kotak Banking And Psu Debt Fund 4

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Banking and PSU Fund - Regular Plan - Growth 12.39
0.0000
-0.0200%
Mirae Asset Banking and PSU Fund - Regular plan - IDCW 12.39
0.0000
-0.0200%
Mirae Asset Banking and PSU Fund - Direct Plan - IDCW 12.63
0.0000
-0.0200%
Mirae Asset Banking and PSU Fund - Direct Plan - Growth 12.63
0.0000
-0.0200%

Review Date: 20-12-2024

Mirae Asset Banking And PSU Fund has exhibited poor performance in the Banking and PSU Debt Fund category. The fund has rank of 17 out of 19 funds in the category. The fund has delivered return of 7.83% in 1 year and 5.55% in 3 years. The category average for the same periods is 7.77% and 5.87% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 1.16, VaR of -0.18, Average Drawdown of -0.93, Semi Deviation of 0.9 and Max Drawdown of -0.93. The category average for the same parameters is 1.3, -0.46, -0.65, 0.94 and -0.87 respectively. The fund has average risk in the category.
  • standard deviation of 1.16 and based on VaR one can expect to lose more than -0.18% of current value of fund in one year.
  • Sharpe ratio of the fund is -1.11 which shows poor performance of fund in the banking and psu debt fund category.


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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.65
    0.48
    		0.38 | 0.65 1 | 22 Very Good
    3M Return % 1.59
    1.53
    		1.39 | 1.85 5 | 22 Very Good
    6M Return % 3.88
    3.88
    		3.54 | 4.18 13 | 22 Average
    1Y Return % 7.83
    7.77
    		7.19 | 8.61 9 | 22 Good
    3Y Return % 5.55
    5.87
    		4.96 | 8.13 16 | 19 Poor
    1Y SIP Return % -37.75
    -37.77
    		-38.10 | -37.38 10 | 22 Good
    3Y SIP Return % 1.33
    1.55
    		1.17 | 2.14 16 | 19 Poor
    Standard Deviation 1.16
    1.30
    		0.75 | 3.22 11 | 19 Average
    Semi Deviation 0.90
    0.94
    		0.53 | 1.69 12 | 19 Average
    Max Drawdown % -0.93
    -0.87
    		-2.46 | 0.00 13 | 19 Average
    VaR 1 Y % -0.18
    -0.46
    		-2.69 | 0.00 12 | 19 Average
    Average Drawdown % -0.93
    -0.65
    		-1.85 | 0.00 15 | 19 Average
    Sharpe Ratio -1.11
    -0.84
    		-1.15 | 0.37 17 | 19 Poor
    Sterling Ratio 0.50
    0.54
    		0.39 | 0.77 15 | 19 Average
    Sortino Ratio -0.34
    -0.25
    		-0.37 | 0.35 17 | 19 Poor
    Return data last Updated On : Dec. 20, 2024.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.68 0.51 0.40 | 0.68 1 | 21
    3M Return % 1.71 1.62 1.48 | 1.94 4 | 21
    6M Return % 4.12 4.07 3.74 | 4.34 9 | 21
    1Y Return % 8.32 8.18 7.60 | 8.89 6 | 21
    3Y Return % 6.02 6.30 5.34 | 8.42 14 | 18
    1Y SIP Return % -37.43 -37.52 -37.84 | -37.21 8 | 21
    3Y SIP Return % 1.83 1.97 1.65 | 2.45 13 | 18
    Standard Deviation 1.16 1.30 0.75 | 3.22 11 | 19
    Semi Deviation 0.90 0.94 0.53 | 1.69 12 | 19
    Max Drawdown % -0.93 -0.87 -2.46 | 0.00 13 | 19
    VaR 1 Y % -0.18 -0.46 -2.69 | 0.00 12 | 19
    Average Drawdown % -0.93 -0.65 -1.85 | 0.00 15 | 19
    Sharpe Ratio -1.11 -0.84 -1.15 | 0.37 17 | 19
    Sterling Ratio 0.50 0.54 0.39 | 0.77 15 | 19
    Sortino Ratio -0.34 -0.25 -0.37 | 0.35 17 | 19
    Return data last Updated On : Dec. 20, 2024.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
    KPIs: Key Performance Indicators

    Investment Period Regular Direct
    Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
    1D -0.02 ₹ 9,998.00 -0.02 ₹ 9,998.00
    1W 0.03 ₹ 10,003.00 0.04 ₹ 10,004.00
    1M 0.65 ₹ 10,065.00 0.68 ₹ 10,068.00
    3M 1.59 ₹ 10,159.00 1.71 ₹ 10,171.00
    6M 3.88 ₹ 10,388.00 4.12 ₹ 10,412.00
    1Y 7.83 ₹ 10,783.00 8.32 ₹ 10,832.00
    3Y 5.55 ₹ 11,758.00 6.02 ₹ 11,918.00
    5Y ₹ ₹
    7Y ₹ ₹
    10Y ₹ ₹
    15Y ₹ ₹

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

    Investment Period Invested Amount Regular Direct
    XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
    1Y ₹ 12000 -37.75 ₹ 9,371.11 -37.43 ₹ 9,395.35
    3Y ₹ 36000 1.33 ₹ 36,746.21 1.83 ₹ 37,025.86
    5Y ₹ 60000 ₹ ₹
    7Y ₹ 84000 ₹ ₹
    10Y ₹ 120000 ₹ ₹
    15Y ₹ 180000 ₹ ₹


    Date Mirae Asset Banking And Psu Fund NAV Regular Growth Mirae Asset Banking And Psu Fund NAV Direct Growth
    20-12-2024 12.3858 12.6324
    19-12-2024 12.3885 12.6349
    18-12-2024 12.3972 12.6437
    17-12-2024 12.3893 12.6355
    16-12-2024 12.3842 12.6302
    13-12-2024 12.3819 12.6274
    12-12-2024 12.3816 12.6269
    11-12-2024 12.3834 12.6286
    10-12-2024 12.3842 12.6292
    09-12-2024 12.3794 12.6242
    06-12-2024 12.3725 12.6167
    05-12-2024 12.3844 12.6287
    04-12-2024 12.3772 12.6211
    03-12-2024 12.3643 12.6078
    02-12-2024 12.3622 12.6056
    29-11-2024 12.339 12.5815
    28-11-2024 12.3208 12.5627
    27-11-2024 12.3174 12.5591
    26-11-2024 12.3133 12.5548
    25-11-2024 12.3122 12.5535
    22-11-2024 12.3032 12.5439
    21-11-2024 12.3063 12.5469

    Fund Launch Date: 24/Jul/2020
    Fund Category: Banking and PSU Fund
    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.
    Fund Description: An open ended debt scheme predominantly investing in debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds
    Fund Benchmark: CRISIL 10 Year Gilt Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.