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

Mirae Asset Low Duration Fund Direct Plan Growth

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previously known as Mirae Asset Savings Dir Gr until

NAV on June 23, 2025
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,838 cr
Turnover Ratio 259.59%
Expense Ratio 0.18%
Exit Load -
Returns
  • 1M: 0.62%
  • 1Y: 8.61%
  • 3M: 2.61%
  • 3Y: 7.62%
  • 6M: 4.54%
  • 5Y: 6.32%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since over 1 year)
ISIN INF769K01BO9
Fund Family Mirae Asset
Launch Date January 01, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 1.04 years
Yield To Maturity (%) 6.63%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 92.47%
AA 7.53%
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 6.345
Sharpe 1.989
Std Dev 0.428
Risk Below 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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Low Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
30.286 9.90% 580 cr 0.39% Above Average
3647.894 8.75% 12,904 cr 0.42% Average
62.674 8.65% 22,354 cr 0.45% Average
3971.610 8.62% 7,726 cr 0.38% Below Average
3245.971 8.62% 6,600 cr 0.35% Below Average
551.652 8.55% 22,934 cr 0.42% Above Average
727.541 8.52% 13,253 cr 0.43% Below Average


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