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

Mirae Asset Short Term Direct Growth

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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
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%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 83.75%
AA 16.25%
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 Fund TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 1.365
Sharpe 0.732
Std Dev 1.446
Risk Low
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
54.184 6.43% 14,561 cr 0.39% Below Average
42.622 5.54% 5,046 cr 0.38% Average
27.926 4.94% 7,100 cr 0.30% Below Average
27.396 4.65% 11,029 cr 0.29% Average
28.404 4.50% 13,228 cr 0.35% Below Average
47.569 4.38% 12,266 cr 0.36% Average
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
24.171 28.27% 78 cr 0.98% High
39.099 13.62% 330 cr 0.28% Above Average
54.184 6.43% 14,561 cr 0.39% Below Average
42.622 5.54% 5,046 cr 0.38% Average
28.049 5.02% 2,270 cr 0.34% Above Average
2009.604 4.42% 25 cr 0.38% Low
25.147 4.06% 30 cr 0.28% Above Average


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