|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹10.34 (07 May 2021)|
|Fund Started||27 Jul 2020|
|Fund Size||₹225 Cr|
|Bank Of Baroda||Financial||CD||8.5%|
|Oil & Natural Gas Corpn. Ltd.||Energy||Debenture||6.4%|
|NLC India Ltd.||Energy||CP||6.3%|
|Hindustan Petroleum Corpn. Ltd.||Energy||Debenture||4.4%|
|Housing & Urban Development Corpn. Ltd.||Financial||NCD||4.4%|
|Power Finance Corpn. Ltd.||Financial||Debenture||4.4%|
|National Bank For Agriculture & Rural Development||Financial||Bonds/NCD||4.4%|
|National Highways Authority of India Ltd.||Services||NCD||4.3%|
|Indian Oil Corpn. Ltd.||Energy||Debenture||4.3%|
Mirae Asset Banking And PSU Debt Fund Direct IDCW is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 27 Jul 2020. Mahendra Kumar Jajoo is the Current Fund Manager of Mirae Asset Banking And PSU Debt Fund Direct IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹225 Cr and the Latest NAV as of 07 May 2021 is ₹10.34.
The Mirae Asset Banking And PSU Debt Fund Direct IDCW is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The scheme seeks 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.