Item: Mirae Asset Short Duration Direct Growth
Rating: 3
Author: Morningstar

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

16.806 (0.030%)

NAV on July 11, 2025

Category Fixed income:
Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 1,056 cr

Turnover Ratio 291.95%

Expense Ratio 0.27%

Exit Load -

Returns

1M: 0.45%
1Y: 9.84%
3M: 2.26%
3Y: 8.08%
6M: 5.46%
5Y: 6.38%

Min Investment 5,000

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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 3.57 years

Yield To Maturity (%) 6.71%

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
Nippon India Short Duration Fund - Direct Plan - Growth Plan	57.783	10.11%	8,155 cr	0.37%	Average
Axis Short Duration Fund Direct Plan Growth Option	33.970	10.04%	11,467 cr	0.35%	Below Average
Bandhan Bond Fund - Short Term Plan Direct Plan Growth	61.622	9.79%	10,772 cr	0.33%	Above Average
Kotak Bond Short Term Plan Direct Growth	57.789	9.77%	17,676 cr	0.38%	Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	51.799	9.74%	10,349 cr	0.36%	Below Average
SBI Short Term Debt Fund Direct Growth	34.364	9.72%	16,053 cr	0.40%	Below Average
HDFC Short Term Debt Fund -Direct Plan - Growth Option	33.270	9.65%	15,486 cr	0.40%	Low

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
Bank of India Short Term Income Fund Direct Plan Growth	29.232	10.78%	165 cr	0.45%	High
Nippon India Short Duration Fund - Direct Plan - Growth Plan	57.783	10.11%	8,155 cr	0.37%	Average
Axis Short Duration Fund Direct Plan Growth Option	33.970	10.04%	11,467 cr	0.35%	Below Average
Baroda BNP Paribas Short Duration Fund Direct Growth Option	31.961	9.87%	199 cr	0.44%	Average
Mirae Asset Short Duration Direct Growth	16.806	9.84%	1,056 cr	0.27%	Below Average
Groww Short Duration Fund Direct Growth	2406.130	9.70%	97 cr	0.4%	Average