Item: Mirae Asset Short Term Direct Growth
Rating: 3
Author: Morningstar

Home › Mutual Funds › Mirae Asset Mutual Fund › Mirae Asset Short Term Direct Growth

13.865 (-0.007%)

NAV on March 21, 2023

Category Fixed income:
Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 406 cr

Turnover Ratio 271.54%

Expense Ratio 0.28%

Exit Load -

Returns

1M: 0.57%
1Y: 4.49%
3M: 1.47%
3Y: 6.09%
6M: 3.01%
5Y: 6.69%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Amit Modani (Since over 1 year) Basant Bafna (Since 2 months)

ISIN INF769K01DX6

Fund Family Mirae Asset

Launch Date March 16, 2018

Benchmark CRISIL Short Duration Fund TR INR

Avg. Maturity 1.99 years

Yield To Maturity (%) 7.79%

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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

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	54.184	6.43%	14,561 cr	0.39%	Below Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	42.622	5.54%	5,046 cr	0.38%	Average
Axis Short Term Fund Direct Plan Growth Option	27.926	4.94%	7,100 cr	0.30%	Below Average
HDFC Short Term Debt Fund -Direct Plan - Growth Option	27.396	4.65%	11,029 cr	0.29%	Average
SBI Short Term Debt Fund Direct Growth	28.404	4.50%	13,228 cr	0.35%	Below Average
Kotak Bond Short Term Plan Direct Growth	47.569	4.38%	12,266 cr	0.36%	Average
Nippon India Short Term Fund - Direct Plan - Growth Plan	47.399	4.28%	5,147 cr	0.34%	Below Average

Best Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Bank of India Short Term Income Fund Direct Plan Growth	24.171	28.27%	78 cr	0.98%	High
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	54.184	6.43%	14,561 cr	0.39%	Below Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	42.622	5.54%	5,046 cr	0.38%	Average
UTI - Short Term Income Fund - Direct Plan - Growth Option	28.049	5.02%	2,270 cr	0.34%	Above Average
Indiabulls Short Term Fund Direct Growth	2009.604	4.42%	25 cr	0.38%	Low
IDBI Short Term Bond Fund Direct Growth	25.147	4.06%	30 cr	0.28%	Above Average