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

Mirae Asset Short Duration Direct Growth

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previously known as Mirae Asset Short Duration Dir Gr until

NAV on May 24, 2024
Category Fixed income:
Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 346 cr
Turnover Ratio 294.34%
Expense Ratio 0.30%
Exit Load -
Returns
  • 1M: 0.83%
  • 1Y: 7.07%
  • 3M: 1.96%
  • 3Y: 5.62%
  • 6M: 4.20%
  • 5Y: 6.75%
Min Investment 5,000
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 3.35 years
Yield To Maturity (%) 7.75%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 89.70%
AA 10.30%
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 -0.049
Sharpe -0.036
Std Dev 1.008
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
59.610 7.90% 18,173 cr 0.45% Low
46.715 7.46% 7,339 cr 0.39% Low
30.033 7.45% 12,948 cr 0.40% Low
52.109 7.33% 14,824 cr 0.38% Below Average
28.810 7.30% 220 cr 0.38% Average
51.956 7.30% 5,485 cr 0.37% Average
30.558 7.20% 7,945 cr 0.34% 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
52.109 7.33% 14,824 cr 0.38% Below Average
55.551 7.11% 8,649 cr 0.31% Average
25.797 6.71% 25 cr 0.28% High


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