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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 August 13, 2026
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Total Assets 2,085 cr
Turnover Ratio 430.66%
Expense Ratio 0.17%
Exit Load -
Returns
  • 1M: Positive return: 0.66%
  • 1Y: Positive return: 6.59%
  • 3M: Positive return: 2.12%
  • 3Y: Positive return: 7.56%
  • 6M: Positive return: 3.42%
  • 5Y: Positive return: 6.60%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since over 2 years)
ISIN INF769K01BO9
Fund Family Mirae Asset
Launch Date January 01, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 1.06 years
Yield To Maturity (%) 7.07%

Asset Allocation

  • Debt: 65.3%
  • Cash: 34.4%
  • Other: 0.3%
CREDIT QUALITY (%)
AAA 85.48%
AA 14.52%
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 3.971
Sharpe 1.521
Std Dev 0.658
Risk 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
593.372 6.62% 21,735 cr 0.36% Average
4271.773 6.59% 7,804 cr 0.32% Average
3922.522 6.55% 12,083 cr 0.40% Above Average
47.186 6.53% 274 cr 0.24% Below Average
3488.891 6.52% 4,637 cr 0.36% Below Average
32.541 6.49% 915 cr 0.33% High
67.313 6.48% 18,242 cr 0.46% 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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