Sharpe ratio
-0.76Return earned for the risk taken.
Negative
Negative means the fund has not rewarded investors well for the risk taken recently.
+3.86%1Y Absolute Return
-0.12%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Mirae Asset Banking and PSU Fund - Direct Plan - GrowthFund 5Y annualised return | ₹8,45,221 | ₹7,32,612 | ₹1,12,609 | +5.94% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.06
₹1 Lakh since launch₹1.06 Lakh
Fund age6.3 yrs
Fund information
Scheme code148419
ISININF769K01FY9
BenchmarkCRISIL Banking and PSU Debt A-II
CategoryDebt Scheme - Banking and PSU Fund
Expense ratio0.36%
Exit loadNil
Minimum SIP₹99 SIP
Return comparison
45th / 143 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +7.11% | — | — |
| 3M | +0.73% | — | — |
| 6M | +5.62% | — | — |
| 1Y | +3.86% | — | +1.68% |
| 3Y | +6.78% | — | +3.16% |
| 5Y | +5.94% | — | +2.94% |
| Since Launch | +5.59% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
-1.31Return earned while limiting downside risk.
Negative
Negative means downside losses have outweighed the returns.
Standard deviation
1.37%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
4.69How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Debt91.01%
Cash8.99%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
10 of 28 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| GOVERNMENT OF INDIA 36574 GOI 06OT35 6.48 FV RS 100 | Entities | GOI Securities | 9.713% |
| KOTAK MAHINDRA BANK LIMITED CD 12FEB27 | Financial | Certificate of Deposit | 7.1266% |
| Repo | Unspecified | Repo | 6.2405% |
| INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 175 7.57 BD 18AP29 FVRS1LAC | Financial | Non Convertible Debenture | 5.0231% |
| POWER FINANCE CORPORATION LTD. SR-172 7.74 BD 29JN28 FVRS10LAC | Financial | Non Convertible Debenture | 4.9894% |
| REC LIMITED SR 248A 6.52 BD 31JN28 FVRS1LAC | Financial | Debenture | 4.907% |
| HDFC BANK LIMITED SR 1 6.44 BD 27SP28 FVRS10LAC | Financial | Non Convertible Debenture | 4.874% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC | Financial | Bonds | 4.4765% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24H 7.62 BD 10MY29 FVRS1LAC | Financial | Debenture | 3.754% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II 7.47 BD 05SP29 FVRS1LAC | Financial | Bonds/NCDs | 3.7386% |
Fund management
KR
Kruti Chheta
Since 2024 · Prior to joining Mirae Asset Mutual Fund, she has worked with A K Capital Services Ltd., Shriram Wealth Advisors Ltd. and Birla wealth management.
Ms. Chheta has done BAF (Finance and Accounts) and MBA (Finance).
Compare similar funds
No comparable category funds are available yet.
Summary
A moderate-risk debt scheme - banking and psu fund. Losses and swings stayed contained — worst fall -1.2%, volatility 1.4%. Financial makes up 73% — trouble in that sector hits the whole fund.
Strengths
- Losses and swings stayed contained — worst fall -1.2%, volatility 1.4%.
- Recovered from its worst fall in 3 months.
Weaknesses
- None
Ideal investor
- Needs a 1–3 years depending on duration horizon to ride out its moderate risk level.
Risk drivers
- Financial makes up 73% — trouble in that sector hits the whole fund.