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 March 28, 2025
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,200 cr
Turnover Ratio 259.59%
Expense Ratio 0.19%
Exit Load -
Returns
  • 1M: 0.81%
  • 1Y: 8.12%
  • 3M: 2.13%
  • 3Y: 6.99%
  • 6M: 4.00%
  • 5Y: 6.29%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since about 1 year)
ISIN INF769K01BO9
Fund Family Mirae Asset
Launch Date January 01, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 0.85 years
Yield To Maturity (%) 7.58%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 93.80%
AA 6.20%
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 1.150
Sharpe 0.829
Std Dev 0.539
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
3564.534 8.20% 11,679 cr 0.42% Average
29.267 8.11% 538 cr 0.38% Below Average
61.236 8.09% 18,611 cr 0.45% Average
3173.441 8.06% 5,948 cr 0.35% Average
3883.168 8.06% 7,205 cr 0.38% Average
539.330 8.03% 21,665 cr 0.42% Above Average
711.266 7.97% 12,021 cr 0.42% Below Average
Best Low Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
3564.534 8.20% 11,679 cr 0.42% Average
2405.716 8.12% 1,200 cr 0.19% Below Average
1715.712 8.12% 589 cr 0.3% Below Average
29.267 8.11% 538 cr 0.38% Below Average
61.236 8.09% 18,611 cr 0.45% Average
3173.441 8.06% 5,948 cr 0.35% Average
3883.168 8.06% 7,205 cr 0.38% Average


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