Item: Mirae Asset Short Duration Direct Growth
Rating: 4
Author: Morningstar

Home › Mutual Funds › Mirae Asset Mutual Fund › Mirae Asset Short Duration Direct Growth

17.797 (-0.026%)

NAV on August 28, 2026

Category Fixed income:
Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 526 cr

Turnover Ratio 523.45%

Expense Ratio 0.21%

Exit Load -

Returns

1M: Positive return: 0.16%
1Y: Positive return: 5.52%
3M: Positive return: 2.42%
3Y: Positive return: 7.45%
6M: Positive return: 2.51%
5Y: Positive return: 6.44%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Basant Bafna (Since over 3 years)

ISIN INF769K01DX6

Fund Family Mirae Asset

Launch Date March 16, 2018

Benchmark CRISIL Short Duration Debt B-II TR INR

Avg. Maturity 5.47 years

Yield To Maturity (%) 7.33%

INVESTMENT OBJECTIVE

The investment objective of the scheme is to seek to generate returns through an actively managed diversified portfolio of debt and money market instruments with Macaulay duration of the portfolio is between 1 year to 3 years.However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Short Duration Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Bandhan Short Term Fund Direct Plan Growth	₹ 65.676	6.50%	₹ 9,287 cr	0.29%	Average
ICICI Prudential Short Term Fund Direct Plan Growth Option	₹ 70.685	6.47%	₹ 19,260 cr	0.45%	Low
Axis Short Term Fund Direct Plan Growth Option	₹ 36.209	6.08%	₹ 8,010 cr	0.40%	Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	₹ 55.162	6.05%	₹ 5,831 cr	0.30%	Average
Nippon India Short Duration Fund - Direct Plan - Growth Plan	₹ 61.437	5.95%	₹ 7,189 cr	0.39%	Above Average
HDFC Short Term Fund -Direct Plan - Growth Option	₹ 35.335	5.79%	₹ 15,081 cr	0.39%	Average
Kotak Bond Short Term Plan Direct Growth	₹ 61.211	5.66%	₹ 14,292 cr	0.39%	Average

Best Short Duration Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Sundaram Short Term Debt Fund - Direct Plan - Growth Option	₹ 39.099	13.62%	₹ 330 cr	0.28%	Above Average
Bandhan Short Term Fund Direct Plan Growth	₹ 65.676	6.50%	₹ 9,287 cr	0.29%	Average
ICICI Prudential Short Term Fund Direct Plan Growth Option	₹ 70.685	6.47%	₹ 19,260 cr	0.45%	Low
Axis Short Term Fund Direct Plan Growth Option	₹ 36.209	6.08%	₹ 8,010 cr	0.4%	Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	₹ 55.162	6.05%	₹ 5,831 cr	0.3%	Average
Nippon India Short Duration Fund - Direct Plan - Growth Plan	₹ 61.437	5.95%	₹ 7,189 cr	0.39%	Above Average
Sundaram Short Term Fund Direct Plan Growth Option	₹ 51.189	5.83%	₹ 181 cr	0.24%	Below Average