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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

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

1003.952 (0.062%)
NAV on January 20, 2025
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,257 cr
Turnover Ratio 259.59%
Expense Ratio 0.23%
Exit Load -
Returns
  • 1M: -1.33%
  • 1Y: 5.80%
  • 3M: -0.17%
  • 3Y: 6.32%
  • 6M: 1.77%
  • 5Y: 6.19%
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Basant Bafna (Since 12 months)
ISIN INF769K01BU6
Fund Family Mirae Asset
Launch Date January 01, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 0.94 years
Yield To Maturity (%) 7.59%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 95.46%
AA 4.54%
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 2.062
Sharpe 0.710
Std Dev 0.963
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
Kotak
Kotak Low Duration Fund- Direct Plan- Growth Option
3508.348 8.16% 11,928 cr 0.42% Average
Icici
ICICI Prudential Savings Fund Direct Plan Growth
530.908 8.07% 23,061 cr 0.42% Above Average
Hdfc
HDFC Low Duration Direct Plan Growth Option
60.262 8.03% 18,122 cr 0.45% Average
Reliance
Nippon India Low Duration Fund Direct Plan Growth Plan
3822.070 7.99% 8,515 cr 0.38% Average
Axis
Axis Treasury Advantage Fund Direct Plan Growth Option
3122.812 7.99% 5,843 cr 0.34% Average
Birla new
Aditya Birla Sun Life Low Duration Direct Plan Growth
700.182 7.94% 11,711 cr 0.42% Below Average
L t mutual fund
HSBC Low Duration Fund Direct Plan Growth Option
28.764 7.87% 482 cr 0.39% Below Average


Other plans of Mirae Asset Low Duration


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