Should I invest in Mirae Asset Banking and PSU Fund?

We don't give personal investment advice. Mirae Asset Banking and PSU Fund - Regular plan - IDCW is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 1.2%. 5-year CAGR: 5.31%.

Mirae Asset

Mirae Asset Banking and PSU Fund - Regular plan - IDCW

Latest NAV

₹13.3774

As of

3 Jun 2026

1,417 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.08%	+0.04%	+0.04	3 / 46	Q1
1W	+0.24%	+0.20%	+0.04	13 / 46	Q2
2W	+0.40%	+0.19%	+0.21	9 / 46	Q1
1M	+0.24%	+0.10%	+0.14	4 / 46	Q1
3M	+0.10%	-0.11%	+0.21	16 / 45	Q2
6M	+0.85%	+0.36%	+0.49	15 / 45	Q2
YTD	+0.75%	+0.24%	+0.51	12 / 45	Q2
1Y	+2.73%	+1.36%	+1.37	15 / 45	Q2
2Y	+6.05%	+2.42%	+3.63	12 / 43	Q2
3Y	+6.14%	+1.94%	+4.20	9 / 37	Q1
4Y	+6.21%	+2.39%	+3.82	8 / 33	Q1
5Y	+5.31%	+2.05%	+3.26	10 / 33	Q2
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+5.11%	+2.36%	+2.75	9 / 46	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+0.75%	-0.15%	+0.90	9 / 36
2025	+6.91%	+2.43%	+4.48	8 / 37
2024	+7.91%	+2.68%	+5.23	2 / 39
2023	+6.34%	+2.17%	+4.17	9 / 37
2022	+2.68%	+1.72%	+0.96	12 / 33
2021	+3.35%	-0.47%	+3.82	2 / 33
2020	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+5.52%

60 windows

min 1.7% · max 9.9%

100% positive

3-Year rolling

+5.74%

35 windows

min 4.0% · max 7.5%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+5.46%

11 windows

min 5.3% · max 5.7%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

1.51%

3-year · annualised

Sharpe ratio

-0.34

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.74%

Mar 2026 → Apr 2026

% positive months

88.9%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Banking & PSU Fund

Scheme	Fund house	NAV	As of
SBI Banking & PSU Fund - Regular Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹1,476.2350	3 Jun 2026
Invesco India Banking and PSU Fund - Regular Plan - Daily IDCW (Reinvestment)	Invesco	₹1,049.2553	3 Jun 2026
Bandhan Banking and PSU Fund - Regular Annual IDCW	Bandhan	₹11.1380	3 Jun 2026
Edelweiss Banking and PSU Debt Fund - Regular Plan - IDCW Option	Edelweiss	₹17.4365	3 Jun 2026
DSP Banking & PSU Debt Fund - Regular Plan - IDCW	DSP	₹10.3693	3 Jun 2026
HSBC Banking and PSU Debt Fund - Regular Daily IDCW	HSBC	₹11.0969	3 Jun 2026
Canara Robeco Banking and PSU Debt Fund- Regular Plan- IDCW (Payout/ Reinvestment)	Canara Robeco	₹10.7432	3 Jun 2026
UTI Banking & PSU Fund - Regular Plan - Annual IDCW	UTI	₹13.1500	3 Jun 2026
Axis Banking & PSU Debt Fund - Regular Plan - Daily IDCW	Axis	₹1,037.7295	3 Jun 2026
Bajaj Finserv Banking and PSU Fund- Regular Plan- IDCW	Bajaj Finserv	₹11.7756	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹13.3774
2 Jun 2026	₹13.3837
1 Jun 2026	₹13.3729
29 May 2026	₹13.3690
27 May 2026	₹13.3603
26 May 2026	₹13.3513
25 May 2026	₹13.3485
22 May 2026	₹13.3242
21 May 2026	₹13.3109
20 May 2026	₹13.3266

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Mirae Asset Banking and PSU Fund - Regular plan - IDCW is ₹13.3774. It's a Banking & PSU Fund from Mirae Asset, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Mirae Asset Banking and PSU Fund - Regular plan - IDCW has NAV history starting from 27 Jul 2020, a track record of about 5 years 10 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Mirae Asset Banking and PSU Fund - Regular plan - IDCW is managed by Mirae Asset. It's classified by AMFI under the 'Banking & PSU Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mirae Asset Banking and PSU Fund - Regular plan - IDCW has delivered a absolute return of 2.73% — +1.37 pp ahead of the Banking & PSU Fund category average of 1.36%. The fund ranks #15 of 45 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Mirae Asset Banking and PSU Fund - Regular plan - IDCW has delivered a CAGR of 6.14% — +4.2 pp ahead of the Banking & PSU Fund category average of 1.94%. The fund ranks #9 of 37 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Mirae Asset Banking and PSU Fund - Regular plan - IDCW has delivered a CAGR of 5.31% — +3.26 pp ahead of the Banking & PSU Fund category average of 2.05%. The fund ranks #10 of 33 in its category — the second (Q2) quartile.

₹1 lakh invested in Mirae Asset Banking and PSU Fund - Regular plan - IDCW exactly 5 years ago would be worth approximately ₹129,541 today — a multiplier of 1.30×, based on the 5-year CAGR of 5.31%. The category average over the same window would have grown ₹1 lakh to ₹110,684.

A ₹10,000 monthly SIP in Mirae Asset Banking and PSU Fund - Regular plan - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹694,537 today. That's an XIRR (money-weighted annualised return) of 5.79%.

Mirae Asset Banking and PSU Fund - Regular plan - IDCW doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹694,537 — XIRR 5.79%.

On a 5-year basis, Mirae Asset Banking and PSU Fund - Regular plan - IDCW ranks #10 out of 33 funds in the Banking & PSU Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 2.05%; this fund delivered 5.31%.

The worst peak-to-trough decline Mirae Asset Banking and PSU Fund - Regular plan - IDCW has experienced over the last 5-year window is 1.23% — its NAV fell from a high on 05 Apr 2022 to a low on 09 May 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Mirae Asset Banking and PSU Fund - Regular plan - IDCW averaged 5.46% (best 5.66%, worst 5.31%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.88 — negative risk-adjusted performance.

In calendar year 2025, Mirae Asset Banking and PSU Fund - Regular plan - IDCW returned 6.91% — beating the Banking & PSU Fund category average of 2.43% by 4.48 pp. It ranked #8 of 37 in its category that year.

Mirae Asset Banking and PSU Fund - Regular plan - IDCW doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. Mirae Asset Banking and PSU Fund - Regular plan - IDCW is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 1.2%. 5-year CAGR: 5.31%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Mirae Asset Banking and PSU Fund - Regular plan - IDCW

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Banking & PSU Fund

Recent NAVs

Frequently asked questions

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