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Mirae Asset Banking and PSU Fund - Direct Plan - Growth

Mirae Asset · Banking & PSU
Moderate
₹13.93
Current NAV
25 Jun 2026
26.1%
1Y Return
10.1%
3Y CAGR
16.1%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Exceptional short-term performance with a 1-year return exceeding 20%.
  • Highly cost-efficient with a low expense ratio of 0.81%.
  • Very large asset base (AUM: ₹13,160 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Lower risk-adjusted performance compared to top peers in the same category.
Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.
Risk Profile: Moderate Risk
Low Moderate High Very High
Risk Metrics
0.61
Sharpe Ratio
1.41
Beta
-0.39
Alpha
0.74
Sortino
Fund Details
Fund House Mirae Asset
Category Banking & PSU
AUM ₹13160 Cr
Expense Ratio 0.81%
Min SIP ₹500
Min Lumpsum ₹1000
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