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

Mirae Asset Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum cptl wdrl

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previously known as Mirae Asset Savings Dir Dly IDCW-R until

NAV on January 06, 2026
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 2,842 cr
Turnover Ratio 528.64%
Expense Ratio 0.19%
Exit Load -
Returns
  • 1M: 0.00%
  • 1Y: 2.86%
  • 3M: 0.00%
  • 3Y: 5.29%
  • 6M: 0.00%
  • 5Y: 4.83%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since almost 2 years)
ISIN INF769K01BR2
Fund Family Mirae Asset
Launch Date October 08, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 1.02 years
Yield To Maturity (%) 6.47%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 95.07%
AA 4.93%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs NIFTY Low Duration Debt TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino -1.151
Sharpe -1.137
Std Dev 1.203
Risk High
INVESTMENT OBJECTIVE

The investment objective of the scheme is to seek to generate returns with a portfolio comprising of debt and money market instruments, such that Macaulay duration of the portfolio is between 6 months - 12 months. The Scheme does not guarantee 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 Low Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
31.296 9.07% 1,270 cr 0.39% Above Average
3772.469 7.80% 15,809 cr 0.42% Above Average
3357.226 7.79% 7,365 cr 0.35% Average
570.770 7.78% 30,206 cr 0.42% Average
4108.793 7.78% 12,254 cr 0.38% Below Average
64.781 7.77% 25,757 cr 0.45% Average
752.670 7.76% 15,556 cr 0.42% Average
Best Low Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
30.265 12.59% 544 cr 0.33% Above Average


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