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

Mirae Asset Short Duration Direct Growth

Add To Compare

previously known as Mirae Asset Short Duration Dir Gr until

NAV on June 02, 2025
Category Fixed income:
Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 401 cr
Turnover Ratio 291.95%
Expense Ratio 0.29%
Exit Load -
Returns
  • 1M: 1.01%
  • 1Y: 10.30%
  • 3M: 3.78%
  • 3Y: 8.14%
  • 6M: 5.57%
  • 5Y: 6.68%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since over 2 years)
ISIN INF769K01DX6
Fund Family Mirae Asset
Launch Date March 16, 2018
Benchmark CRISIL Short Duration Debt B-II TR INR
Avg. Maturity 3.56 years
Yield To Maturity (%) 6.98%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 86.29%
AA 13.71%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs CRISIL Short Duration Debt B-II TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 3.477
Sharpe 1.412
Std Dev 0.952
Risk Below Average
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 Short Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
57.497 10.58% 6,692 cr 0.37% Average
33.752 10.35% 9,653 cr 0.36% Below Average
57.527 10.31% 17,803 cr 0.38% Average
61.309 10.28% 9,816 cr 0.33% Above Average
51.544 10.23% 8,761 cr 0.36% Below Average
33.097 10.07% 15,030 cr 0.40% Low
34.176 10.07% 14,528 cr 0.40% Below Average
Best Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
39.099 13.62% 330 cr 0.28% Above Average
25.797 6.71% 25 cr 0.28% High


Other plans of Mirae Asset Short Duration Fund


Other Debt funds by Mirae Asset