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 February 23, 2026
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 2,441 cr
Turnover Ratio 528.64%
Expense Ratio 0.16%
Exit Load -
Returns
  • 1M: 0.64%
  • 1Y: 7.50%
  • 3M: 1.36%
  • 3Y: 7.64%
  • 6M: 3.04%
  • 5Y: 6.37%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since about 2 years)
ISIN INF769K01BO9
Fund Family Mirae Asset
Launch Date January 01, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 0.74 years
Yield To Maturity (%) 6.93%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 90.31%
AA 9.69%
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 5.488
Sharpe 2.105
Std Dev 0.435
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
31.521 8.87% 997 cr 0.39% Above Average
3382.448 7.61% 7,716 cr 0.35% Below Average
574.958 7.60% 31,616 cr 0.42% Average
65.263 7.59% 24,846 cr 0.46% Average
3799.086 7.59% 14,688 cr 0.42% Above Average
4139.322 7.57% 10,508 cr 0.38% Below Average
757.900 7.54% 15,044 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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