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

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

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previously known as Mirae Asset Savings Dir Qt DR until

NAV on June 07, 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 0.33%
Exit Load -
Returns
  • 1M: 0.72%
  • 1Y: 6.69%
  • 3M: 2.15%
  • 3Y: 5.66%
  • 6M: 3.64%
  • 5Y: 4.84%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Kruti Chheta (Since 10 months)
ISIN INF769K01BU6
Fund Family Mirae Asset
Launch Date January 01, 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 3.377
Sharpe 1.035
Std Dev 1.056
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.

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
469.672 7.47% 18,060 cr 0.40% Above Average
3108.583 7.24% 8,415 cr 0.43% Average
621.325 7.21% 12,215 cr 0.39% Average
53.381 7.20% 14,176 cr 0.43% Average
2773.565 6.96% 4,967 cr 0.29% Below Average
3394.352 6.95% 6,786 cr 0.38% Average
37.549 6.93% 186 cr 0.39% 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
469.672 7.47% 18,060 cr 0.4% Above Average
3108.583 7.24% 8,415 cr 0.43% Average
621.325 7.21% 12,215 cr 0.39% Average
53.381 7.20% 14,176 cr 0.43% Average
2773.565 6.96% 4,967 cr 0.29% Below Average
3394.352 6.95% 6,786 cr 0.38% Average


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