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

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

Add To Compare

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

NAV on October 07, 2025
Category Fixed income:
Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 896 cr
Turnover Ratio 563.29%
Expense Ratio 0.25%
Exit Load -
Returns
  • 1M: 0.85%
  • 1Y: 8.88%
  • 3M: 1.33%
  • 3Y: 8.10%
  • 6M: 3.91%
  • 5Y: 6.47%
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 3.50 years
Yield To Maturity (%) 6.82%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 93.46%
AA 6.54%
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 2.530
Sharpe 1.187
Std Dev 0.997
Risk 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
34.467 9.29% 12,287 cr 0.38% Below Average
58.598 9.14% 8,851 cr 0.38% Average
67.013 8.98% 22,339 cr 0.45% Low
32.372 8.86% 288 cr 0.44% Average
52.521 8.84% 10,648 cr 0.36% Below Average
33.707 8.65% 18,236 cr 0.40% Low
58.510 8.64% 18,221 cr 0.38% Average
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


Other plans of Mirae Asset Short Duration Fund


Other Debt funds by Mirae Asset