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

Mirae Asset Short Term Direct Growth

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NAV on May 20, 2022
Category Fixed income:
Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 484 cr
Turnover Ratio 159.81%
Expense Ratio 0.36%
Exit Load -
Returns
  • 1M: -0.48%
  • 1Y: 2.84%
  • 3M: -0.22%
  • 3Y: 6.62%
  • 6M: 0.69%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Mahendra Jajoo (Since about 4 years) Amit Modani (Since 11 months)
ISIN INF769K01DX6
Fund Family Mirae Asset
Launch Date March 16, 2018
Benchmark CRISIL Short Duration Fund TR INR
Avg. Maturity 1.37 years
Yield To Maturity (%) 5.37%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 94.57%
AA 5.43%
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 4.389
Sharpe 1.735
Std Dev 1.602
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
40.392 3.86% 8,484 cr 0.40% Average
50.964 3.60% 16,391 cr 0.37% Average
45.107 3.43% 7,938 cr 0.35% Below Average
26.529 3.34% 9,852 cr 0.29% Below Average
26.035 3.12% 14,332 cr 0.29% Average
45.283 3.03% 13,375 cr 0.34% Average
24.970 2.50% 376 cr 0.37% Below Average
Best Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
21.573 17.22% 25 cr 0.87% High
39.099 13.62% 330 cr 0.28% Above Average
23.930 10.84% 34 cr 0.28% Above Average
26.663 8.27% 2,451 cr 0.35% High
40.392 3.86% 8,484 cr 0.4% Average
50.964 3.60% 16,391 cr 0.37% Average
45.107 3.43% 7,938 cr 0.35% Below Average


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