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 June 02, 2025
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,784 cr
Turnover Ratio 259.59%
Expense Ratio 0.21%
Exit Load -
Returns
  • 1M: 0.79%
  • 1Y: 8.65%
  • 3M: 2.65%
  • 3Y: 7.55%
  • 6M: 4.45%
  • 5Y: 6.35%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since over 1 year)
ISIN INF769K01BO9
Fund Family Mirae Asset
Launch Date January 01, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 1.05 years
Yield To Maturity (%) 6.87%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 92.10%
AA 7.90%
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 6.390
Sharpe 1.987
Std Dev 0.428
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
30.167 9.96% 510 cr 0.39% Above Average
3634.236 8.85% 13,201 cr 0.42% Average
62.409 8.68% 21,095 cr 0.45% Average
3955.580 8.67% 7,513 cr 0.38% Average
3232.449 8.65% 6,395 cr 0.34% Below Average
724.772 8.60% 12,902 cr 0.43% Low
549.351 8.59% 22,798 cr 0.42% Above Average


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