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 July 25, 2024
Category Fixed income:
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 616 cr
Turnover Ratio 264.89%
Expense Ratio 0.24%
Exit Load -
Returns
  • 1M: 0.71%
  • 1Y: 7.65%
  • 3M: 2.02%
  • 3Y: 6.00%
  • 6M: 4.08%
  • 5Y: 6.04%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since 6 months)
ISIN INF769K01BO9
Fund Family Mirae Asset
Launch Date January 01, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 0.99 years
Yield To Maturity (%) 7.64%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 94.05%
AA 5.95%
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 0.565
Sharpe 0.416
Std Dev 0.617
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
512.043 7.82% 20,884 cr 0.42% Above Average
58.128 7.79% 19,121 cr 0.45% Average
27.760 7.75% 433 cr 0.25% Below Average
3379.830 7.69% 10,491 cr 0.42% Average
675.440 7.68% 11,065 cr 0.41% Below Average
40.779 7.62% 239 cr 0.37% Average
3378.933 7.59% 11,026 cr 0.43% Below Average


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