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

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

15.015 (-0.003%)

NAV on April 26, 2024

Category Fixed income:
Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 336 cr

Turnover Ratio 294.34%

Expense Ratio 0.33%

Exit Load -

Returns

1M: 0.48%
1Y: 6.95%
3M: 1.90%
3Y: 5.53%
6M: 3.96%
5Y: 6.77%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Basant Bafna (Since over 1 year)

ISIN INF769K01DX6

Fund Family Mirae Asset

Launch Date March 16, 2018

Benchmark CRISIL Short Duration Debt B-II TR INR

Avg. Maturity 3.59 years

Yield To Maturity (%) 7.80%

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
ICICI Prudential Short Term Fund Direct Plan Growth Option	59.125	7.84%	17,997 cr	0.45%	Low
HDFC Short Term Debt Fund -Direct Plan - Growth Option	29.785	7.38%	12,915 cr	0.37%	Below Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	46.305	7.26%	7,282 cr	0.38%	Low
Baroda BNP Paribas Short Duration Fund Direct Growth Option	28.578	7.25%	215 cr	0.38%	Average
Kotak Bond Short Term Plan Direct Growth	51.673	7.21%	14,818 cr	0.38%	Below Average
Nippon India Short Term Fund - Direct Plan - Growth Plan	51.536	7.21%	5,445 cr	0.37%	Average
Axis Short Term Fund Direct Plan Growth Option	30.304	7.07%	7,830 cr	0.34%	Below 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
ICICI Prudential Short Term Fund Direct Plan Growth Option	59.125	7.84%	17,997 cr	0.45%	Low
UTI - Short Duration Fund - Direct Plan - Growth Option	30.530	7.62%	2,689 cr	0.37%	Above Average
HDFC Short Term Debt Fund -Direct Plan - Growth Option	29.785	7.38%	12,915 cr	0.37%	Below Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	46.305	7.26%	7,282 cr	0.38%	Low
Baroda BNP Paribas Short Duration Fund Direct Growth Option	28.578	7.25%	215 cr	0.38%	Average
Kotak Bond Short Term Plan Direct Growth	51.673	7.21%	14,818 cr	0.38%	Below Average