Item: Mirae Asset Short Duration Direct Reinvestment of Income Distribution cum capital withdrawal
Rating: 3
Author: Morningstar

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

15.835 (-0.003%)

NAV on December 20, 2024

Category Fixed income:
Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 365 cr

Turnover Ratio 291.95%

Expense Ratio 0.28%

Exit Load -

Returns

1M: 0.63%
1Y: 8.39%
3M: 1.73%
3Y: 6.41%
6M: 4.18%
5Y: 6.53%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Basant Bafna (Since almost 2 years)

ISIN INF769K01DZ1

Fund Family Mirae Asset

Launch Date March 16, 2018

Benchmark CRISIL Short Duration Debt B-II TR INR

Avg. Maturity 3.63 years

Yield To Maturity (%) 7.45%

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

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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Nippon India Short Term Fund - Direct Plan - Growth Plan	54.520	8.57%	7,627 cr	0.38%	Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	48.994	8.57%	8,804 cr	0.38%	Below Average
Kotak Bond Short Term Plan Direct Growth	54.629	8.56%	16,980 cr	0.38%	Average
Axis Short Duration Fund Direct Plan Growth Option	32.042	8.54%	9,162 cr	0.36%	Below Average
HDFC Short Term Debt Fund -Direct Plan - Growth Option	31.480	8.50%	14,976 cr	0.40%	Below Average
ICICI Prudential Short Term Fund Direct Plan Growth Option	62.437	8.45%	20,033 cr	0.45%	Low
UTI - Short Duration Fund - Direct Plan - Growth Option	32.178	8.37%	2,640 cr	0.42%	Low

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
IDBI Short Term Bond Fund Direct Growth	25.797	6.71%	25 cr	0.28%	High