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

15.076 (-0.010%)

NAV on May 17, 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: 0.74%
1Y: 6.96%
3M: 1.90%
3Y: 5.55%
6M: 3.89%
5Y: 6.74%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Basant Bafna (Since over 1 year)

ISIN INF769K01DY4

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%

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

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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
ICICI Prudential Short Term Fund Direct Plan Growth Option	59.465	7.81%	18,092 cr	0.45%	Low
HDFC Short Term Debt Fund -Direct Plan - Growth Option	29.962	7.40%	12,948 cr	0.37%	Low
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	46.589	7.36%	7,339 cr	0.38%	Low
Baroda BNP Paribas Short Duration Fund Direct Growth Option	28.749	7.33%	218 cr	0.38%	Average
Nippon India Short Term Fund - Direct Plan - Growth Plan	51.837	7.27%	5,497 cr	0.37%	Average
Kotak Bond Short Term Plan Direct Growth	51.971	7.23%	14,804 cr	0.38%	Below Average
Axis Short Term Fund Direct Plan Growth Option	30.485	7.13%	7,944 cr	0.34%	Below 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	59.465	7.81%	18,092 cr	0.45%	Low
UTI - Short Duration Fund - Direct Plan - Growth Option	30.697	7.47%	2,680 cr	0.37%	Above Average
HDFC Short Term Debt Fund -Direct Plan - Growth Option	29.962	7.40%	12,948 cr	0.37%	Low
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	46.589	7.36%	7,339 cr	0.38%	Low
Baroda BNP Paribas Short Duration Fund Direct Growth Option	28.749	7.33%	218 cr	0.38%	Average
Nippon India Short Term Fund - Direct Plan - Growth Plan	51.837	7.27%	5,497 cr	0.37%	Average