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

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

Add To Compare

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

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: 7.93%
  • 3M: 1.94%
  • 3Y: 6.79%
  • 6M: 3.97%
  • 5Y: 6.36%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since 10 months)
ISIN INF769K01BU6
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 2.066
Sharpe 0.713
Std Dev 0.983
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
3465.521 8.20% 11,241 cr 0.42% Average
524.696 8.19% 21,132 cr 0.42% Above Average
59.551 8.15% 17,719 cr 0.45% Average
3083.699 8.06% 6,194 cr 0.35% Average
691.454 8.03% 11,235 cr 0.42% Below Average
3773.255 8.00% 7,894 cr 0.38% Average
28.411 7.97% 437 cr 0.24% Below Average
Best Low Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
3465.521 8.20% 11,241 cr 0.42% Average
524.696 8.19% 21,132 cr 0.42% Above Average
59.551 8.15% 17,719 cr 0.45% Average
2337.343 8.09% 1,249 cr 0.24% Below Average
3083.699 8.06% 6,194 cr 0.35% Average
1667.189 8.05% 579 cr 0.3% Below Average
691.454 8.03% 11,235 cr 0.42% Below Average


Other plans of Mirae Asset Low Duration


Other Debt funds by Mirae Asset