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 13, 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: 0.94%
  • 1Y: 10.00%
  • 3M: 3.24%
  • 3Y: 7.93%
  • 6M: 5.31%
  • 5Y: 6.73%
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 3.52 years
Yield To Maturity (%) 7.32%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 87.21%
AA 12.79%
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 1.562
Sharpe 0.874
Std Dev 1.102
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
56.981 10.08% 6,692 cr 0.37% Average
33.477 9.99% 9,640 cr 0.36% Below Average
57.035 9.92% 16,681 cr 0.38% Average
51.121 9.88% 8,343 cr 0.37% Below Average
60.770 9.88% 9,674 cr 0.33% Above Average
33.887 9.72% 14,429 cr 0.40% Below Average
32.805 9.67% 14,208 cr 0.40% Low
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


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