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

Mirae Asset Low Duration Fund Direct Plan Growth

Add To Compare

previously known as Mirae Asset Savings Dir Gr until

NAV on December 20, 2024
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,164 cr
Turnover Ratio 259.59%
Expense Ratio 0.24%
Exit Load -
Returns
  • 1M: 0.54%
  • 1Y: 8.01%
  • 3M: 1.84%
  • 3Y: 6.56%
  • 6M: 3.87%
  • 5Y: 6.14%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since 11 months)
ISIN INF769K01BO9
Fund Family Mirae Asset
Launch Date January 01, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 1.11 years
Yield To Maturity (%) 7.63%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 94.65%
AA 5.35%
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 0.910
Sharpe 0.659
Std Dev 0.593
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
3487.267 8.20% 12,490 cr 0.42% Average
527.815 8.11% 23,232 cr 0.42% Above Average
59.904 8.06% 18,344 cr 0.45% Average
3104.080 8.03% 6,577 cr 0.35% Average
3798.861 7.98% 9,004 cr 0.38% Average
696.110 7.98% 11,755 cr 0.42% Below Average
28.592 7.92% 420 cr 0.24% Below Average


Other plans of Mirae Asset Low Duration


Other Debt funds by Mirae Asset