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 October 15, 2024
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,409 cr
Turnover Ratio 259.59%
Expense Ratio 0.25%
Exit Load -
Returns
  • 1M: 0.78%
  • 1Y: 8.10%
  • 3M: 2.02%
  • 3Y: 6.33%
  • 6M: 4.03%
  • 5Y: 6.04%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since 9 months)
ISIN INF769K01BO9
Fund Family Mirae Asset
Launch Date January 01, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 0.97 years
Yield To Maturity (%) 7.64%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 96.68%
AA 3.32%
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 0.746
Sharpe 0.545
Std Dev 0.621
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
3443.593 8.16% 9,292 cr 0.42% Average
59.195 8.14% 17,346 cr 0.45% Average
521.352 8.14% 20,751 cr 0.42% Above Average
687.611 8.08% 10,740 cr 0.42% Below Average
3065.735 8.06% 6,049 cr 0.35% Average
3751.682 8.02% 6,981 cr 0.37% Average
3439.676 8.00% 11,997 cr 0.43% Below Average


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