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

Mirae Asset Low Duration Fund Direct Plan Quarterly Payout of Income Dis cum cptl wdrl

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previously known as Mirae Asset Savings Dir Qt IDCW-P until

NAV on May 10, 2024
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 494 cr
Turnover Ratio 264.89%
Expense Ratio 0.23%
Exit Load -
Returns
  • 1M: 0.52%
  • 1Y: 8.64%
  • 3M: 1.98%
  • 3Y: 6.50%
  • 6M: 3.78%
  • 5Y: 5.95%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since 3 months)
ISIN INF769K01BQ4
Fund Family Mirae Asset
Launch Date January 01, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 1.02 years
Yield To Maturity (%) 7.79%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 89.90%
AA 10.10%
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 2.859
Sharpe 0.761
Std Dev 1.231
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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet

Top Low Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
503.705 7.89% 18,176 cr 0.40% Above Average
57.170 7.80% 16,714 cr 0.45% Average
27.314 7.72% 439 cr 0.25% Below Average
664.396 7.66% 10,958 cr 0.39% Below Average
1601.408 7.63% 561 cr 0.30% Below Average
3324.100 7.61% 9,235 cr 0.42% Average
40.133 7.55% 228 cr 0.37% Average


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