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

Mirae Asset Low Duration Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl

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previously known as Mirae Asset Savings Dir Mn IDCW-R until

NAV on April 02, 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: 0.42%
  • 1Y: 4.98%
  • 3M: 0.25%
  • 3Y: 5.96%
  • 6M: 0.97%
  • 5Y: 5.65%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since about 1 year)
ISIN INF769K01BT8
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 -0.858
Sharpe -0.822
Std Dev 0.840
Risk Above 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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Low Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
3573.844 8.34% 11,679 cr 0.42% Average
61.395 8.23% 18,611 cr 0.45% Average
29.336 8.23% 538 cr 0.38% Average
3892.963 8.20% 7,205 cr 0.38% Average
3181.234 8.20% 5,948 cr 0.35% Average
540.578 8.14% 21,665 cr 0.42% Above Average
713.085 8.11% 12,021 cr 0.42% Low


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