MonitorDirect · Growth
Mirae Asset Banking and PSU Debt Fund
Mirae Asset Mutual FundIncome/Debt Oriented Schemes - Banking and PSU Debt Fund6.1 years
- NAV
- 14.0296
- 15 Sept 2026
- 1Y
- +4.8%
- Trailing CAGR
- AUM
- ₹39.76 Cr
- 31 Aug 2026
- Volatility
- Low
- 1.1% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+4.8%
- 3Y+6.9%
- 5Y+5.9%
- 10Yn/a
- SI+5.7%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+4.7%
- 3Y+6.2%
- 5Y+6.5%
- 10Yn/a
- Since inception
- +5.7%
- Calendar-day CAGR
- Excess 1Y
- -0.5%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 8
- Vs comparable share classes
- Worst rolling 3Y
- +4.4%
- 757 daily-ending windows
- Median rolling 3Y
- +6.3%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 275 daily-ending windows
- SIP 3Y XIRR
- +6.2%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 5 days
- 169 recovered episodes
- Longest recovery
- 84 days
- Trough to prior peak
- Current spell
- 6 days
- Days below latest peak
- Time below peak
- +53%
- NAV observations
5 Apr 2022 – 1 Aug 2022
Trough 9 May 2022 · recovered in 84 days
-1.2%
8 Jan 2021 – 30 Mar 2021
Trough 5 Feb 2021 · recovered in 53 days
-0.9%
5 Aug 2020 – 1 Sept 2020
Trough 28 Aug 2020 · recovered in 4 days
-0.8%
11 Mar 2026 – 15 Apr 2026
Trough 2 Apr 2026 · recovered in 13 days
-0.7%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
8
Vs category
47
Consistency
12
Risk-adjusted
46
Drawdown
97
Mean
42
Portfolio
31 Aug 2026 · 28 holdings · top 10 are 54.3%.
- Top 5
- 32.7%
- Top 10
- 54.3%
- Largest holding
- 10.3%
- Effective holdings
- 21.9
Repo
Unspecified
10.3%
KOTAK MAHINDRA BANK LIMITED CD 12FEB27
Financial
7.3%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 175 7.57 BD 18AP29 FVRS1LAC
Financial
5.0%
GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100
Entities
5.0%
EXPORT IMPORT BANK OF INDIA SR AB01 7.23 BD 18MR31 FVRS1LAC
Financial
5.0%
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 Sept 2026
Monitor
Engine status
Monitor
Recent evidence
Why this status
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
- Peak-to-trough drawdown has stayed shallower than 15%.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund)
Sundaram Mutual Fund
- 1Y
- +9.1%
- 3Y
- n/a
- Vol
- 1.3%
- Max DD
- -0.5%
- Sharpe
- 2.33
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
HSBC Banking and PSU Debt Fund
HSBC Mutual Fund
- 1Y
- +5.2%
- 3Y
- +7.0%
- Vol
- 1.0%
- Max DD
- -0.6%
- Sharpe
- 1.69
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
Axis Banking and PSU Debt Fund
Axis Mutual Fund
- 1Y
- +5.1%
- 3Y
- +7.0%
- Vol
- 1.3%
- Max DD
- -2.8%
- Sharpe
- 1.84
- 3Y win
- +45%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Bajaj Finserv Banking and PSU Debt Fund
Bajaj Finserv Mutual Fund
- 1Y
- +5.2%
- 3Y
- n/a
- Vol
- 1.2%
- Max DD
- -0.8%
- Sharpe
- 1.72
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Higher volatility · Lower trailing returns
DSP Banking and PSU Debt Fund
DSP Mutual Fund
- 1Y
- +4.7%
- 3Y
- +7.0%
- Vol
- 1.6%
- Max DD
- -3.1%
- Sharpe
- 1.57
- 3Y win
- +44%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown