Kuvera makes mutual fund investments simpler and faster. To invest in Mirae Asset Banking & PSU Growth Direct Plan, login to Kuvera and search for Mirae Asset Banking & PSU Growth Direct Plan. You can also go to "Invest", select "All Mutual Funds" and scroll to Mirae Asset Banking & PSU Growth Direct Plan. Click on this to check details on the fund's performance and fundamentals. Depending on your risk appetite and investment objective, select either the Monthly SIP or One time (Lump sum investment) option and complete the investment process.

Mirae Asset Banking & PSU Growth Direct Plan has given 8.5% over the last 1 year , 6.3% over the last 3 years, 0.0% over the last 5 years and 5.5% since its inception.

Minimum SIP amount required for Mirae Asset Banking & PSU Growth Direct Plan is INR 99.

Minimum lump sum amount required for Mirae Asset Banking & PSU Growth Direct Plan is INR 5000.

Create an account on Kuvera to invest in over 5000 direct mutual funds from the leading AMCs in India. To start an SIP for Mirae Asset Banking & PSU Growth Direct Plan online, follow the steps given below:

Step 1: Login to Kuvera and click on Invest and then select Mutual Funds.

Step 2: Search by name, or scroll to Mirae Asset Banking & PSU Growth Direct Plan and click on it.

Step 3: Choose Monthly SIP and enter the SIP amount and date for every month.

Step 4: Complete the fund transfer and you are done!

You can explore SIP, STP and SWP tabs in your cart to see all the funds that have existing SIPs.

Redeeming mutual funds on Kuvera is fast and hassle-free. To redeem Mirae Asset Banking & PSU Growth Direct Plan, just go to your portfolio on the Kuvera app or website, click on the "Redeem" option under Mirae Asset Banking & PSU Growth Direct Plan, enter your desired amount, or check the "Yes" next to Redeem all units if you want to redeem your entire holding.

Yes, you can invest in Mirae Asset Banking & PSU Growth Direct Plan IDCW on Kuvera through SIP and Lump sum options. Follow these steps to get started :

On Kuvera app :

Step 1: Login and click on Invest and All Mutual Funds.

Step 2: Click on Filter, select "Plan" type as "Dividend". You will see the IDCW plans.

Step 3: Select Mirae Asset Banking & PSU Growth Direct Plan and choose Monthly SIP or One Time investment options.

On Kuvera website

Step 1: Login and click on Invest on the home screen, select Mutual Funds.

Step 2:Turn the toggle from "Growth" to "Dividend" and you will see the results of all the IDCW plans.

Step 3: Select Mirae Asset Banking & PSU Growth Direct Plan and choose Monthly SIP or One Time (Lump sum) investment options.

Create an account on Kuvera to invest in over 5000 direct mutual funds from the leading AMCs in India. To start an SIP for Mirae Asset Banking & PSU Growth Direct Plan online, follow the steps given below:

Step 1: Login to Kuvera and click on Invest and then select Mutual Funds.

Step 2: Search by name, or scroll to Mirae Asset Banking & PSU Growth Direct Plan and click on it.

Step 3: Choose Monthly SIP and enter the SIP amount and date for every month.

Step 4: Complete the fund transfer and you are done!

You can explore SIP, STP and SWP tabs in your cart to see all the funds that have existing SIPs.

Expense ratio is the amount (in percentage) which is charged by the mutual fund as a fee for managing your investment. Expense ratio of Mirae Asset Banking & PSU Growth Direct Plan is 0.37% as on 30/01/2025.

NAV is the market value of the securities/assets held by the mutual fund divided by the total number of units issued by it. In simple terms, it is the price of a unit of the mutual fund. NAV of Mirae Asset Banking & PSU Growth Direct Plan is INR 12.75 as on 29/01/2025.

Mirae Asset Banking & PSU Growth Direct Plan has assets under management worth INR 51 Cr.

As per SEBI regulations, all mutual funds should indicate the level of risk involved with investing in the mutual fund. There are five levels of risk (a) Low: Principal at low risk, (b) Moderately Low: Principal at moderately low risk, (c) Moderate: Principal at moderate risk, (d) Moderately High: Principal at moderately high risk, (e) High: Principal at high risk. Risk category of Mirae Asset Banking & PSU Growth Direct Plan is Moderate Risk.

The top 10 holdings of the Mirae Asset Banking & PSU Growth Direct Plan as on 30/01/2025 are 6.79% Govt Stock 2034 at 13.49%, Treps at 9.74%, Export-Import Bank of India 7.4% at 7.04%, National Bank For Financing Infrastructure And Development - NCD & Bonds at 6.08%, Canara Bank at 5.93%, Mahanagar Telephone Nigam Limited - NCD & Bonds at 5.70%, Indian Railway Finance Corporation Limited - NCD & Bonds at 4.12%, HDFC Bank Limited - NCD & Bonds at 4.07%, Net Receivables / (Payables) at 4.05%, National Housing Bank - NCD & Bonds at 4.02% .

Mirae Asset Banking & PSU Growth Direct Plan is a debt mutual fund and the capital gains made from it are taxed at the rate of 20% for long term gains (if you hold your units for 3 years or more), along with indexation benefits and for short terms gains (if you hold your units for less than 3 year) as per your income tax slab.

Investment objective of the Mirae Asset Banking & PSU Growth Direct Plan:

The investment objective of the scheme is 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.

The category of the Mirae Asset Banking & PSU Growth Direct Plan is Banking and PSU Fund.

Mirae Asset Banking & PSU Growth Direct Plan is managed by Kruti Chheta as on 30/01/2025.

Exit load is the fee/penalty which some of the mutual funds charge in case an investor decides to sell his/her mutual fund units within the exit load window. Exit load for Mirae Asset Banking & PSU Growth Direct Plan is