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 May 24, 2024
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 595 cr
Turnover Ratio 264.89%
Expense Ratio 0.19%
Exit Load -
Returns
  • 1M: 0.65%
  • 1Y: 7.42%
  • 3M: 2.04%
  • 3Y: 5.75%
  • 6M: 3.96%
  • 5Y: 5.81%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since 4 months)
ISIN INF769K01BO9
Fund Family Mirae Asset
Launch Date January 01, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 0.98 years
Yield To Maturity (%) 7.78%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 90.00%
AA 10.00%
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 0.371
Sharpe 0.276
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
505.311 7.88% 18,273 cr 0.40% Above Average
57.355 7.75% 16,901 cr 0.45% Average
27.404 7.71% 419 cr 0.25% Below Average
666.615 7.62% 11,848 cr 0.39% Below Average
1606.675 7.62% 570 cr 0.30% Below Average
3335.408 7.60% 9,248 cr 0.42% Average
40.259 7.51% 231 cr 0.37% Average
Best Low Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
27.404 7.71% 419 cr 0.25% Below Average


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