Latest NAV & returns of MIRAE ASSET GLOBAL INVESTMENTS (INDIA) PVT. LTD.

Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl

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previously known as Mirae Asset Corporate Bond Dir DR until

NAV on June 20, 2024
Category Fixed income:
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 47 cr
Turnover Ratio 191.14%
Expense Ratio 0.22%
Exit Load -
Returns
  • 1M: 0.75%
  • 1Y: 6.83%
  • 3M: 1.86%
  • 3Y: 5.33%
  • 6M: 4.01%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Amit Modani (Since 5 months)
ISIN INF769K01HE7
Fund Family Mirae Asset
Launch Date March 17, 2021
Benchmark CRISIL Corporate Bond B-III TR INR
Avg. Maturity 4.79 years
Yield To Maturity (%) 7.61%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 100.00%
AA 0.00%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs CRISIL Corporate Bond B-III TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino -0.432
Sharpe -0.342
Std Dev 1.214
Risk Average
INVESTMENT OBJECTIVE

The investment objective of the scheme is to provide income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds. The Scheme does not guarantee or assure any returns.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Corporate Bond Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
28.626 7.81% 27,148 cr 0.34% Low
104.995 7.75% 22,113 cr 0.33% Average
30.399 7.75% 28,959 cr 0.35% Average
3594.429 7.51% 12,541 cr 0.34% Below Average
57.289 7.47% 3,178 cr 0.35% Average
15.312 7.24% 3,856 cr 0.28% Below Average
97.403 7.03% 761 cr 0.23% Below Average
Best Corporate Bond Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
104.995 7.75% 22,113 cr 0.33% Average
30.399 7.75% 28,959 cr 0.35% Average
16.438 7.55% 5,358 cr 0.3% Below Average
3594.429 7.51% 12,541 cr 0.34% Below Average
57.289 7.47% 3,178 cr 0.35% Average
3108.240 7.29% 3,535 cr 0.28% Average
Best Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
11.542 7.59% 1,068 cr 0.31% -


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