Mirae Asset Banking and PSU Debt Fund Direct-Growth
Debt: Banking and PSU Debt - Growth (Open ended) Factsheet
SEBI Riskometer: ModerateCategory: Debt: Banking and PSU DebtBenchmark: CRISIL Banking and PSU Debt A-II IndexCheck Portfolio Overlap →
NAV: ₹14.06+0.06%
07 Sept 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for Mirae Asset Banking and PSU Debt Fund Direct-Growth.
Historical Asset Allocation
| Asset | 31 Jul 2026 | 30 Jun 2026 | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 |
|---|---|---|---|---|---|---|
| Equity | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Debt | 85.89% | 91.01% | 86.71% | 95.85% | 90.40% | 93.70% |
| Others (incl. cash) | 14.11% | 8.99% | 13.29% | 4.15% | 9.60% | 6.30% |
| Commodities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Portfolio Snapshot
No. of Securities
26
Top Holding %
14.11%
Top 5 Holdings %
38.21%
Top 10 Holdings %
59.88%
Modified Duration
2.97 yrs
Avg. Maturity
5.91 yrs
Yield to Maturity
7.03%
AUM
₹40 Cr
Expense Ratio
0.37%
Since Inception
5.72%
Max Drawdown
-0.01%
Sharpe Ratio
0.65
Top Portfolio Holdings by Weight
Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.
| Instrument | Sector | No. of Shares | Value (Rs. Cr) | Weight | Change |
|---|---|---|---|---|---|
| Kotak Mahindra Bank Ltd. | Financial | 3,00,000 | 2.89 | 7.21% | 0.09%↑ |
| GOI | Sovereign | 3,00,000 | 2.74 | 6.84% | - |
| Indian Railway Finance Corporation Ltd. | Financial | 2,00,000 | 2.02 | 5.04% | 0.01%↑ |
| Power Finance Corporation Ltd. | Financial | 2,00,000 | 2.01 | 5.01% | 0.02%↑ |
| Export-Import Bank Of India | Financial | 2,00,000 | 2.01 | 5.01% | - |
| HDFC Bank Ltd. | Financial | 2,00,000 | 1.96 | 4.89% | 0.01%↑ |
| HDFC Bank Ltd. | Financial | 1,70,000 | 1.71 | 4.27% | - |
| National Bank For Agriculture & Rural Development | Financial | 1,50,000 | 1.51 | 3.76% | 0.00%↑ |
| Small Industries Devp. Bank of India Ltd. | Financial | 1,50,000 | 1.5 | 3.75% | 0.01%↑ |
| REC Ltd. | Financial | 1,50,000 | 1.48 | 3.70% | -1.21%↓ |
| Housing & Urban Development Corporation Ltd. | Financial | 1,50,000 | 1.48 | 3.68% | 0.02%↑ |
| Indian Bank | Financial | 1,50,000 | 1.46 | 3.63% | 0.05%↑ |
| India Infrastructure Finance Company Ltd. | Construction | 1,00,000 | 1 | 2.50% | 0.02%↑ |
| Small Industries Devp. Bank of India Ltd. | Financial | 1,00,000 | 1 | 2.50% | 0.01%↑ |
| Power Finance Corporation Ltd. | Financial | 1,00,000 | 1 | 2.50% | 0.01%↑ |
| Export-Import Bank Of India | Financial | 1,00,000 | 1 | 2.50% | 0.02%↑ |
| Knowledge Realty Trust | Construction | 1,00,000 | 1 | 2.49% | 0.01%↑ |
| REC Ltd. | Financial | 1,00,000 | 0.99 | 2.48% | 0.01%↑ |
| National Bank For Agriculture & Rural Development | Financial | 1,00,000 | 0.99 | 2.48% | - |
| REC Ltd. | Financial | 1,00,000 | 0.99 | 2.46% | 0.00%↑ |
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Debt Holdings — Credit Quality Profile
Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.
| Rating | Fund | Category |
|---|---|---|
| AAA | 60.25% | 61.37% |
| Cash & Call Money | 14.11% | 10.93% |
| A1+ | 13.25% | 13.53% |
| SOV | 11.69% | 11.43% |
| Others | 0.71% | 0.32% |
| AA | - | 0.34% |
| AA+ | - | 1.08% |
| AA- | - | 0.00% |
| Cash | - | -0.26% |
| Term Deposits | - | 0.05% |
Debt Insights
A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.
SEBI PRC matrix
Credit risk
| Interest risk | |||
|---|---|---|---|
| Low | Moderate | High | |
| Low | |||
| Moderate | |||
| High | |||
Instruments
| Full name | Description | Coupon rate | Maturity | Rating raw | Weight |
|---|---|---|---|---|---|
| Kotak Mahindra Bank Ltd. | Certificate of Deposit | 0.00% | 12/02/2027 | CRISIL A1+ | 7.21% |
| GOI | GOI Securities | 6.90% | 15/04/2065 | SOV | 6.84% |
| Indian Railway Finance Corporation Ltd. | Non Convertible Debenture | 7.57% | 18/04/2029 | CRISIL AAA | 5.04% |
| Power Finance Corporation Ltd. | Non Convertible Debenture | 7.74% | 29/01/2028 | CRISIL AAA | 5.01% |
| Export-Import Bank Of India | Debenture | 7.23% | 18/03/2031 | CRISIL AAA | 5.01% |
| HDFC Bank Ltd. | Non Convertible Debenture | 6.44% | 27/09/2028 | CRISIL AAA | 4.89% |
| HDFC Bank Ltd. | Debenture | 7.80% | 03/05/2033 | CRISIL AAA | 4.27% |
| National Bank For Agriculture & Rural Development | Debenture | 7.62% | 10/05/2029 | CRISIL AAA | 3.76% |
| Small Industries Devp. Bank of India Ltd. | Bonds/NCDs | 7.47% | 05/09/2029 | CRISIL AAA | 3.75% |
| REC Ltd. | Debenture | 6.52% | 31/01/2028 | [ICRA]AAA | 3.70% |
| Housing & Urban Development Corporation Ltd. | Debenture | 7.12% | 26/12/2034 | [ICRA]AAA | 3.68% |
| Indian Bank | Certificate of Deposit | 0.00% | 12/01/2027 | CRISIL A1+ | 3.63% |
| India Infrastructure Finance Company Ltd. | Debenture | 7.56% | 20/03/2028 | IND AAA | 2.50% |
| Export-Import Bank Of India | Debenture | 7.22% | 03/08/2027 | CRISIL AAA | 2.50% |
| Small Industries Devp. Bank of India Ltd. | Debenture | 7.68% | 10/08/2027 | CRISIL AAA | 2.50% |
| Power Finance Corporation Ltd. | Bonds | 7.42% | 15/04/2028 | CRISIL AAA | 2.50% |
| Knowledge Realty Trust | Non Convertible Debenture | 7.54% | 08/05/2029 | CRISIL AAA | 2.49% |
| National Bank For Agriculture & Rural Development | Debenture | 7.16% | 14/12/2029 | [ICRA]AAA | 2.48% |
| REC Ltd. | Bonds | 6.95% | 18/02/2028 | CRISIL AAA | 2.48% |
| REC Ltd. | Bonds | 6.87% | 31/05/2030 | [ICRA]AAA | 2.46% |
| GOI | GOI Securities | 6.48% | 06/10/2035 | SOV | 2.44% |
| GOI | GOI Securities | 7.34% | 22/04/2064 | SOV | 2.42% |
| ICICI Bank Ltd. | Certificate of Deposit | 0.00% | 12/02/2027 | [ICRA]A1+ | 2.41% |
| Export-Import Bank Of India | Debenture | 7.45% | 12/04/2028 | CRISIL AAA | 1.25% |
Frequently Asked Questions
What are the top holdings of Mirae Asset Banking and PSU Debt Fund Direct-Growth?
The top holdings of Mirae Asset Banking and PSU Debt Fund Direct-Growth as of 31 Jul 2026 are Others (14.11%), Kotak Mahindra Bank Ltd. (7.21%), GOI (6.84%), Indian Railway Finance Corporation Ltd. (5.04%), Power Finance Corporation Ltd. (5.01%). These top 5 stocks together account for 38.21% of the total portfolio. You can view the complete holdings breakdown above.
How many stocks does Mirae Asset Banking and PSU Debt Fund Direct-Growth hold in its portfolio?
Mirae Asset Banking and PSU Debt Fund Direct-Growth holds 26 stocks in its portfolio as of 31 Jul 2026. The fund's portfolio size reflects the fund manager's investment approach, a more concentrated portfolio indicates higher conviction bets, while a larger number of holdings suggests a more diversified strategy.
What is the sector allocation of Mirae Asset Banking and PSU Debt Fund Direct-Growth?
The sector allocation of Mirae Asset Banking and PSU Debt Fund Direct-Growth is shown in the Sector Allocation section above.
What is the equity and debt allocation of Mirae Asset Banking and PSU Debt Fund Direct-Growth?
As of 31 Jul 2026, Mirae Asset Banking and PSU Debt Fund Direct-Growth has 0.00% allocated to equity, and 85.89% to debt. You can also check the historical trends above.
What is the market cap allocation of Mirae Asset Banking and PSU Debt Fund Direct-Growth?
The market cap allocation of Mirae Asset Banking and PSU Debt Fund Direct-Growth is shown in the Holdings Analysis section above.
What is the PE ratio of Mirae Asset Banking and PSU Debt Fund Direct-Growth's portfolio?
The portfolio PE ratio of Mirae Asset Banking and PSU Debt Fund Direct-Growth is shown in the Holdings Analysis section above.
What is the credit quality of Mirae Asset Banking and PSU Debt Fund Direct-Growth?
As of 31 Jul 2026, Mirae Asset Banking and PSU Debt Fund Direct-Growth's debt portfolio has 60.25% in AAA-rated instruments, - in AA-rated, and 11.69% in sovereign securities. Higher allocation to AAA and sovereign instruments indicates lower credit risk in the non-equity portion of the portfolio.
When is the latest portfolio disclosure for Mirae Asset Banking and PSU Debt Fund Direct-Growth?
The latest portfolio disclosure for Mirae Asset Banking and PSU Debt Fund Direct-Growth is as of 31 Jul 2026. SEBI requires all mutual funds to disclose their complete portfolio holdings on a monthly basis, typically within 10 days of the end of each month.