Item: Mirae Asset Short Term Direct Growth
Rating: 4
Author: Morningstar

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

14.414 (0.061%)

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

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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%

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

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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
ICICI Prudential Short Term Fund Direct Plan Growth Option	56.581	8.06%	18,794 cr	0.40%	Low
Baroda BNP Paribas Short Duration Fund Direct Growth Option	27.390	7.53%	229 cr	0.38%	Below Average
HDFC Short Term Debt Fund -Direct Plan - Growth Option	28.546	7.50%	12,407 cr	0.34%	Below Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	44.375	7.45%	6,012 cr	0.38%	Average
Nippon India Short Term Fund - Direct Plan - Growth Plan	49.356	7.35%	6,143 cr	0.36%	Average
Kotak Bond Short Term Plan Direct Growth	49.555	7.33%	13,180 cr	0.36%	Average
Axis Short Term Fund Direct Plan Growth Option	29.030	7.22%	7,449 cr	0.35%	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