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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

1164.703 (0.021%)
NAV on November 14, 2024
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,249 cr
Turnover Ratio 259.59%
Expense Ratio 0.24%
Exit Load -
Returns
  • 1M: 0.59%
  • 1Y: 8.07%
  • 3M: 1.96%
  • 3Y: 6.45%
  • 6M: 4.04%
  • 5Y: 5.93%
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Basant Bafna (Since 10 months)
ISIN INF769K01BT8
Fund Family Mirae Asset
Launch Date January 01, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 1.15 years
Yield To Maturity (%) 7.74%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 95.17%
AA 4.83%
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 0.982
Sharpe 0.710
Std Dev 0.599
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.

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
Kotak
Kotak Low Duration Fund- Direct Plan- Growth Option
3465.521 8.20% 11,241 cr 0.42% Average
Icici
ICICI Prudential Savings Fund Direct Plan Growth
524.696 8.19% 21,132 cr 0.42% Above Average
Hdfc
HDFC Low Duration Direct Plan Growth Option
59.551 8.15% 17,719 cr 0.45% Average
Axis
Axis Treasury Advantage Fund Direct Plan Growth Option
3083.699 8.06% 6,194 cr 0.35% Average
Birla new
Aditya Birla Sun Life Low Duration Direct Plan Growth
691.454 8.03% 11,235 cr 0.42% Below Average
Reliance
Nippon India Low Duration Fund Direct Plan Growth Plan
3773.255 8.00% 7,894 cr 0.38% Average
L t mutual fund
HSBC Low Duration Fund Direct Plan Growth Option
28.411 7.97% 437 cr 0.24% Below Average
Best Low Duration Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Kotak
Kotak Low Duration Fund- Direct Plan- Growth Option
3465.521 8.20% 11,241 cr 0.42% Average
Icici
ICICI Prudential Savings Fund Direct Plan Growth
524.696 8.19% 21,132 cr 0.42% Above Average
Hdfc
HDFC Low Duration Direct Plan Growth Option
59.551 8.15% 17,719 cr 0.45% Average
Mirae
Mirae Asset Low Duration Fund Direct Plan Growth
2337.343 8.09% 1,249 cr 0.24% Below Average
Axis
Axis Treasury Advantage Fund Direct Plan Growth Option
3083.699 8.06% 6,194 cr 0.35% Average
Mahindra manulife investment management logo cmyk
Mahindra Manulife Low Duration Fund Direct Growth
1667.189 8.05% 579 cr 0.3% Below Average
Birla new
Aditya Birla Sun Life Low Duration Direct Plan Growth
691.454 8.03% 11,235 cr 0.42% Below Average


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