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 June 04, 2025
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,784 cr
Turnover Ratio 259.59%
Expense Ratio 0.21%
Exit Load -
Returns
  • 1M: 0.00%
  • 1Y: 5.54%
  • 3M: 1.74%
  • 3Y: 6.50%
  • 6M: 2.91%
  • 5Y: 5.71%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since over 1 year)
ISIN INF769K01BR2
Fund Family Mirae Asset
Launch Date October 08, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 1.05 years
Yield To Maturity (%) 6.87%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 92.10%
AA 7.90%
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 -0.203
Sharpe -0.183
Std Dev 0.957
Risk Above Average
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
30.187 10.00% 510 cr 0.39% Above Average
3635.999 8.87% 13,201 cr 0.42% Average
62.437 8.69% 21,095 cr 0.45% Average
3957.750 8.68% 7,513 cr 0.38% Below Average
3234.420 8.66% 6,395 cr 0.34% Below Average
725.062 8.61% 12,902 cr 0.43% Below Average
549.603 8.60% 22,798 cr 0.42% Above Average


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