1M
6M
1Y
All
| NAV: 06 Feb 2023 | ₹11.01 |
| Min. SIP amount | ₹1,000 |
| Rating | 3 |
| Fund size | ₹94.98Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Debt Banking and PSU
Absolute returns
| 3M | 6M | 1Y | All | |
|---|---|---|---|---|
| Fund returns | 1.6% | 2.9% | 3.1% | 9.3% |
| Category average | NA | NA | 4.1% | NA |
| Rank with in category | 12 | 16 | 18 | NA |
Understand terms
Holdings (17)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Indian Oil Corporation Ltd. | Energy | Debenture | 7.7% |
Export-Import Bank Of India | Financial | Debenture | 7.7% |
| GOI | Sovereign | GOI Sec | 6.7% |
Power Grid Corporation Of India Ltd. | Energy | Bonds | 5.3% |
Food Corporation of India | Consumer Staples | Bonds | 5.3% |
| Housing & Urban Development Corporation Ltd. | Financial | Debenture | 5.3% |
| NHPC Ltd. | Energy | Bonds | 5.3% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 5.2% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 5.2% |
| REC Ltd. | Financial | NCD | 5.2% |
See All
Pros and cons
Category: Debt Banking and PSU
Pros
Cons
Exit load is zero
1Y annualised returns lower than category average by 0.39%
Lower expense ratio: 0.41%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Expense ratio, exit load and tax
Expense ratio: 0.41%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
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Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Basant BafnaJan 2023 - PresentView details
Basant Bafna
Jan 2023 - Present
View details
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
26 Apr 2019
E-mail
[email protected]Website
NA
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
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