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

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previously known as Mirae Asset Savings Dir Dly DR until

NAV on February 06, 2023
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 664 cr
Turnover Ratio 194.08%
Expense Ratio 0.23%
Exit Load -
Returns
  • 1M: 0.55%
  • 1Y: 4.70%
  • 3M: 1.73%
  • 3Y: 4.95%
  • 6M: 3.01%
  • 5Y: 4.86%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Kruti Chheta (Since 6 months)
ISIN INF769K01BR2
Fund Family Mirae Asset
Launch Date October 08, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 0.97 years
Yield To Maturity (%) 7.39%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 84.07%
AA 15.93%
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 1.691
Sharpe 0.728
Std Dev 0.865
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
604.713 5.48% 11,821 cr 0.39% Average
3305.265 5.20% 6,287 cr 0.37% Average
51.925 5.14% 14,862 cr 0.43% Average
2700.440 5.09% 4,566 cr 0.29% Below Average
456.726 5.04% 20,786 cr 0.40% Above Average
3024.248 5.02% 7,798 cr 0.42% Above Average
24.863 5.02% 514 cr 0.26% Above Average
Best Low Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
30.265 12.59% 544 cr 0.33% Above Average
604.713 5.48% 11,821 cr 0.39% Average
26.691 5.38% 102 cr 0.35% Above Average
3093.678 5.32% 377 cr 0.33% High
3305.265 5.20% 6,287 cr 0.37% Average
51.925 5.14% 14,862 cr 0.43% Average
2700.440 5.09% 4,566 cr 0.29% Below Average


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