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

Mirae Asset Savings Fund Direct Plan Growth

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previously known as Mirae Asset Saving Dir Gr until

NAV on September 21, 2021
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,079 cr
Turnover Ratio 204.11%
Expense Ratio 0.27%
Exit Load -
Returns
  • 1M: 0.31%
  • 1Y: 4.47%
  • 3M: 1.13%
  • 3Y: 6.39%
  • 6M: 2.38%
  • 5Y: 6.54%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Mahendra Jajoo (Since about 5 years)
ISIN INF769K01BO9
Fund Family Mirae Asset
Launch Date January 01, 2013
Benchmark Crisil Low Duration Debt Index TR INR
Avg. Maturity 0.78 years
Yield To Maturity (%) 3.91%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 91.75%
AA 8.25%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs Crisil Low Duration Debt Index TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 1.558
Sharpe 1.035
Std Dev 1.273
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
48.808 5.70% 25,628 cr 0.44% Below Average
3098.962 5.69% 9,778 cr 0.35% Average
431.513 5.61% 34,969 cr 0.41% Below Average
2846.106 5.30% 12,464 cr 0.41% Average
565.898 5.29% 18,602 cr 0.39% Below Average
34.458 5.10% 354 cr 0.22% Average
23.394 4.97% 1,296 cr 0.28% Average
Best Low Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
1624.557 7.86% 31 cr 0.69% High
48.808 5.70% 25,628 cr 0.44% Below Average
3098.962 5.69% 9,778 cr 0.35% Average
431.513 5.61% 34,969 cr 0.41% Below Average
2846.106 5.30% 12,464 cr 0.41% Average
565.898 5.29% 18,602 cr 0.39% Below Average
34.458 5.10% 354 cr 0.22% Average


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