Home › Mutual Funds › Mirae Asset Mutual Fund › Mirae Asset Savings Fund Direct Plan Daily Reinvestment of Income Dis cum cptl wdrl
Latest NAV & returns of MIRAE ASSET GLOBAL INVESTMENTS (INDIA) PVT. LTD.

Mirae Asset Savings Fund Direct Plan Daily Reinvestment of Income Dis cum cptl wdrl

Add To Compare

previously known as Mirae Asset Savings Dir Dly DR until

1208.934 (0.000%)
NAV on June 01, 2023
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 609 cr
Turnover Ratio 194.08%
Expense Ratio 0.51%
Exit Load -
Returns
  • 1M: 0.73%
  • 1Y: 6.60%
  • 3M: 2.12%
  • 3Y: 5.13%
  • 6M: 3.65%
  • 5Y: 5.06%
Min Investment 5,000
Buy Now Start SIP
ADDITIONAL INFO
Fund Manager Kruti Chheta (Since 9 months)
ISIN INF769K01BR2
Fund Family Mirae Asset
Launch Date October 08, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 0.96 years
Yield To Maturity (%) 7.43%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 89.75%
AA 10.25%
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 -
Sharpe -
Std Dev 0.801
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
Icici
ICICI Prudential Savings Fund Direct Plan Growth
469.069 7.06% 18,060 cr 0.40% Above Average
Kotak
Kotak Low Duration Fund- Direct Plan- Growth Option
3104.477 7.00% 8,415 cr 0.43% Average
Birla new
Aditya Birla Sun Life Low Duration Direct Plan Growth
620.465 6.99% 12,215 cr 0.39% Average
Hdfc
HDFC Low Duration Direct Plan Growth Option
53.304 6.92% 14,176 cr 0.43% Average
Reliance
Nippon India Low Duration Fund Direct Plan Growth Plan
3389.798 6.79% 6,215 cr 0.38% Average
Axis
Axis Treasury Advantage Fund Direct Plan Growth Option
2769.988 6.77% 4,967 cr 0.29% Below Average
Bnp
Baroda BNP Paribas Low Duration Fund Direct Plan Growth Option
37.496 6.74% 186 cr 0.39% Average
Best Low Duration Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Sundaram mutual fund
Sundaram Low Duration - Direct Plan - Growth Option
30.265 12.59% 544 cr 0.33% Above Average
Icici
ICICI Prudential Savings Fund Direct Plan Growth
469.069 7.06% 18,060 cr 0.4% Above Average
Kotak
Kotak Low Duration Fund- Direct Plan- Growth Option
3104.477 7.00% 8,415 cr 0.43% Average
Birla new
Aditya Birla Sun Life Low Duration Direct Plan Growth
620.465 6.99% 12,215 cr 0.39% Average
Hdfc
HDFC Low Duration Direct Plan Growth Option
53.304 6.92% 14,176 cr 0.43% Average
Reliance
Nippon India Low Duration Fund Direct Plan Growth Plan
3389.798 6.79% 6,215 cr 0.38% Average
Axis
Axis Treasury Advantage Fund Direct Plan Growth Option
2769.988 6.77% 4,967 cr 0.29% Below Average


Other plans of Mirae Asset Savings Fund


Other Debt funds by Mirae Asset

Data Partner
Click here to visit AMC website and
read all scheme related documents Mirae Asset Fund