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

Mirae Asset Savings Fund Direct Plan Growth

Add To Compare

previously known as Mirae Asset Saving Dir Gr until

NAV on March 21, 2023
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 606 cr
Turnover Ratio 194.08%
Expense Ratio 0.43%
Exit Load -
Returns
  • 1M: 0.51%
  • 1Y: 5.22%
  • 3M: 1.58%
  • 3Y: 5.58%
  • 6M: 3.08%
  • 5Y: 5.87%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Kruti Chheta (Since 7 months)
ISIN INF769K01BO9
Fund Family Mirae Asset
Launch Date January 01, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 0.65 years
Yield To Maturity (%) 7.76%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 83.08%
AA 16.92%
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 2.185
Sharpe 0.879
Std Dev 0.843
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.

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
609.452 5.71% 10,862 cr 0.39% Average
460.978 5.70% 21,145 cr 0.40% Above Average
3050.850 5.40% 7,566 cr 0.43% Above Average
52.357 5.37% 14,780 cr 0.43% Average
2721.611 5.33% 4,600 cr 0.29% Below Average
3330.605 5.28% 6,232 cr 0.37% Average
3055.633 5.21% 7,778 cr 0.40% Below 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
609.452 5.71% 10,862 cr 0.39% Average
460.978 5.70% 21,145 cr 0.4% Above Average
3118.384 5.57% 433 cr 0.33% High
26.894 5.49% 98 cr 0.35% Above Average
3050.850 5.40% 7,566 cr 0.43% Above Average
52.357 5.37% 14,780 cr 0.43% Average


Other plans of Mirae Asset Savings Fund


Other Debt funds by Mirae Asset