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

Mirae Asset Short Term Direct Growth

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NAV on September 22, 2021
Category Fixed income:
Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 678 cr
Turnover Ratio 159.81%
Expense Ratio 0.32%
Exit Load 0.25%if redeemed within
30 Days
0.00%if redeemed after 30 Days
Returns
  • 1M: 0.43%
  • 1Y: 5.63%
  • 3M: 1.64%
  • 3Y: 8.54%
  • 6M: 3.39%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Mahendra Jajoo (Since over 3 years) Amit Modani (Since 3 months)
ISIN INF769K01DX6
Fund Family Mirae Asset
Launch Date March 16, 2018
Benchmark CRISIL Short Term Bond Fund TR INR
Avg. Maturity 1.83 years
Yield To Maturity (%) 4.47%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 98.27%
AA 1.73%
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 Term Bond Fund TR INR

Alpha 0.09
Beta 0.88
R-Squared 89.87
Info Ratio -0.65
Tracking Err 0.52
Sortino 5.127
Sharpe 2.096
Std Dev 1.599
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
44.594 7.20% 10,463 cr 0.33% Below Average
50.213 6.77% 21,209 cr 0.37% Below Average
39.724 6.57% 8,899 cr 0.41% Average
25.790 6.50% 19,241 cr 0.24% Average
44.958 6.20% 17,125 cr 0.34% Below Average
26.555 6.18% 407 cr 0.35% Average
26.176 5.97% 12,281 cr 0.30% Below Average
Best Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
44.594 7.20% 10,463 cr 0.33% Below Average
50.213 6.77% 21,209 cr 0.37% Below Average
39.724 6.57% 8,899 cr 0.41% Average
25.790 6.50% 19,241 cr 0.24% Average
44.958 6.20% 17,125 cr 0.34% Below Average
26.176 5.97% 12,281 cr 0.3% Below Average
22.011 5.61% 25 cr 0.29% Above Average


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