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

Mirae Asset Short Duration Direct Reinvestment of Income Distribution cum capital withdrawal

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previously known as Mirae Asset Short Duration Dir IDCW-R until

NAV on April 23, 2025
Category Fixed income:
Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 347 cr
Turnover Ratio 291.95%
Expense Ratio 0.25%
Exit Load -
Returns
  • 1M: 1.92%
  • 1Y: 10.06%
  • 3M: 3.39%
  • 3Y: 7.55%
  • 6M: 5.30%
  • 5Y: 6.65%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since over 2 years)
ISIN INF769K01DZ1
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 0.640
Sharpe 0.433
Std Dev 1.065
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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Short Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
56.731 10.07% 6,232 cr 0.37% Average
33.351 10.06% 9,726 cr 0.36% Below Average
56.846 10.04% 16,681 cr 0.38% Average
50.950 10.03% 8,068 cr 0.37% Below Average
60.557 10.01% 9,674 cr 0.33% Above Average
32.701 9.82% 14,208 cr 0.40% Below Average
33.764 9.79% 13,959 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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