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

Mirae Asset Short Term Direct Growth

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NAV on September 20, 2023
Category Fixed income:
Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 401 cr
Turnover Ratio 294.34%
Expense Ratio 0.33%
Exit Load -
Returns
  • 1M: 0.74%
  • 1Y: 7.10%
  • 3M: 1.56%
  • 3Y: 5.23%
  • 6M: 3.96%
  • 5Y: 7.10%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Amit Modani (Since about 2 years) Basant Bafna (Since 8 months)
ISIN INF769K01DX6
Fund Family Mirae Asset
Launch Date March 16, 2018
Benchmark CRISIL Short Duration Debt B-II TR INR
Avg. Maturity 2.54 years
Yield To Maturity (%) 7.65%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 84.61%
AA 15.39%
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 0.521
Sharpe 0.342
Std Dev 1.185
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.

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

View Factsheet

Top Short Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
56.581 8.06% 18,794 cr 0.40% Low
27.390 7.53% 229 cr 0.38% Below Average
28.546 7.50% 12,407 cr 0.34% Below Average
44.375 7.45% 6,012 cr 0.38% Average
49.356 7.35% 6,143 cr 0.36% Average
49.555 7.33% 13,180 cr 0.36% Average
29.030 7.22% 7,449 cr 0.35% 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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