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 May 20, 2022
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 814 cr
Turnover Ratio 204.11%
Expense Ratio 0.31%
Exit Load -
Returns
  • 1M: -0.11%
  • 1Y: 3.29%
  • 3M: 0.48%
  • 3Y: 5.05%
  • 6M: 1.40%
  • 5Y: 5.94%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Mahendra Jajoo (Since over 5 years)
ISIN INF769K01BO9
Fund Family Mirae Asset
Launch Date January 01, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 0.74 years
Yield To Maturity (%) 4.74%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 88.16%
AA 11.84%
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 1.167
Sharpe 0.781
Std Dev 1.217
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
578.869 4.03% 13,825 cr 0.38% Below Average
3168.335 4.03% 9,874 cr 0.36% Average
49.783 3.82% 17,801 cr 0.39% Average
2896.970 3.62% 7,860 cr 0.42% Average
2589.332 3.58% 5,383 cr 0.27% Below Average
437.760 3.48% 23,030 cr 0.40% Average
2908.502 3.40% 11,434 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
2894.447 8.74% 3,214 cr 0.28% Above Average
578.869 4.03% 13,825 cr 0.38% Below Average
3168.335 4.03% 9,874 cr 0.36% Average
49.783 3.82% 17,801 cr 0.39% Average
2896.970 3.62% 7,860 cr 0.42% Average
2967.682 3.59% 108 cr 0.33% High


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