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

Mirae Asset Saving Fund Direct Plan Growth

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previously known as Mirae Asset US/T Dir Gr until

NAV on July 03, 2020
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 487 cr
Turnover Ratio 622.05%
Expense Ratio 0.27%
Exit Load -
Returns
  • 1M: 0.95%
  • 1Y: 7.48%
  • 3M: 2.30%
  • 3Y: 6.96%
  • 6M: 3.92%
  • 5Y: 7.18%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Mahendra Jajoo (Since almost 4 years)
ISIN INF769K01BO9
Fund Family Mirae Asset
Launch Date January 01, 2013
Benchmark Crisil Low Duration Debt Index TR INR
Avg. Maturity 0.90 years
Yield To Maturity (%) 5.76%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 88.20%
AA 11.80%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs Crisil Low Duration Debt Index TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 5.578
Sharpe 2.952
Std Dev 1.183
Risk 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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Low Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
2664.433 10.26% 4,051 cr 0.33% Average
15.334 10.03% 2,512 cr 0.30% Below Average
530.419 9.76% 8,048 cr 0.41% Below Average
32.457 9.74% 193 cr 0.12% Average
2892.314 9.43% 2,452 cr 0.34% Average
2950.165 9.31% 1,670 cr 0.35% Below Average
403.397 9.28% 18,250 cr 0.41% Below Average
Best Low Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
2664.433 10.26% 4,051 cr 0.33% Average
15.334 10.03% 2,512 cr 0.3% Below Average
530.419 9.76% 8,048 cr 0.41% Below Average
32.457 9.74% 193 cr 0.12% Average
2892.314 9.43% 2,452 cr 0.34% Average
2950.165 9.31% 1,670 cr 0.35% Below Average
403.397 9.28% 18,250 cr 0.41% Below Average


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