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 October 06, 2025
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,865 cr
Turnover Ratio 528.64%
Expense Ratio 0.17%
Exit Load -
Returns
  • 1M: 0.00%
  • 1Y: 4.20%
  • 3M: 0.00%
  • 3Y: 5.83%
  • 6M: 0.64%
  • 5Y: 5.13%
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 (%) 6.55%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 92.07%
AA 7.93%
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 -0.808
Sharpe -0.767
Std Dev 1.114
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.

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Top Low Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
30.856 9.51% 813 cr 0.39% Above Average
3717.596 8.33% 13,328 cr 0.42% Average
4048.803 8.26% 10,032 cr 0.38% Below Average
3307.804 8.21% 7,252 cr 0.35% Average
63.848 8.19% 24,304 cr 0.45% Average
741.480 8.16% 14,189 cr 0.43% Average
562.058 8.12% 27,076 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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