Item: Mirae Asset Short Duration Direct Payout of Income Distribution cum capital withdrawal
Rating: 4
Author: Morningstar

Home › Mutual Funds › Mirae Asset Mutual Fund › Mirae Asset Short Duration Direct Payout of Income Distribution cum capital withdrawal

17.251 (-0.090%)

NAV on March 27, 2026

Category Fixed income:
Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 580 cr

Turnover Ratio 563.29%

Expense Ratio 0.21%

Exit Load -

Returns

1M: -0.38%
1Y: 6.22%
3M: 0.48%
3Y: 7.54%
6M: 1.96%
5Y: 6.35%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Basant Bafna (Since about 3 years)

ISIN INF769K01DY4

Fund Family Mirae Asset

Launch Date March 16, 2018

Benchmark CRISIL Short Duration Debt B-II TR INR

Avg. Maturity 2.67 years

Yield To Maturity (%) 7.09%

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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

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	68.389	6.94%	22,852 cr	0.45%	Low
Axis Short Duration Fund Direct Plan Growth Option	35.079	6.79%	11,860 cr	0.38%	Below Average
Nippon India Short Duration Fund - Direct Plan - Growth Plan	59.613	6.71%	8,367 cr	0.37%	Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	53.465	6.55%	9,386 cr	0.36%	Average
HDFC Short Term Debt Fund -Direct Plan - Growth Option	34.312	6.48%	17,271 cr	0.40%	Below Average
Baroda BNP Paribas Short Duration Fund Direct Growth Option	32.850	6.32%	297 cr	0.44%	Above Average
Kotak Bond Short Term Plan Direct Growth	59.472	6.29%	17,568 cr	0.39%	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	68.389	6.94%	22,852 cr	0.45%	Low
Axis Short Duration Fund Direct Plan Growth Option	35.079	6.79%	11,860 cr	0.38%	Below Average
Nippon India Short Duration Fund - Direct Plan - Growth Plan	59.613	6.71%	8,367 cr	0.37%	Average
IDBI Short Term Bond Fund Direct Growth	25.797	6.71%	25 cr	0.28%	High
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	53.465	6.55%	9,386 cr	0.36%	Average
HDFC Short Term Debt Fund -Direct Plan - Growth Option	34.312	6.48%	17,271 cr	0.4%	Below Average