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

Mirae Asset Short Term Direct Growth

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NAV on December 01, 2022
Category Fixed income:
Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 395 cr
Turnover Ratio 271.54%
Expense Ratio 0.33%
Exit Load -
Returns
  • 1M: 0.77%
  • 1Y: 3.73%
  • 3M: 1.24%
  • 3Y: 5.72%
  • 6M: 2.97%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Mahendra Jajoo (Since over 4 years) Amit Modani (Since over 1 year)
ISIN INF769K01DX6
Fund Family Mirae Asset
Launch Date March 16, 2018
Benchmark CRISIL Short Duration Fund TR INR
Avg. Maturity 1.68 years
Yield To Maturity (%) 7.40%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 90.11%
AA 9.89%
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 -
Sharpe -
Std Dev 1.489
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
53.180 5.19% 14,727 cr 0.37% Below Average
41.847 4.74% 5,820 cr 0.39% Average
27.423 4.22% 7,468 cr 0.30% Below Average
46.602 3.88% 6,639 cr 0.35% Below Average
26.907 3.72% 12,452 cr 0.29% Average
46.842 3.67% 12,293 cr 0.35% Average
Best Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
23.780 27.24% 47 cr 0.42% High
39.099 13.62% 330 cr 0.28% Above Average
53.180 5.19% 14,727 cr 0.37% Below Average
41.847 4.74% 5,820 cr 0.39% Average
27.530 4.17% 2,114 cr 0.33% Above Average
24.715 3.26% 32 cr 0.28% Above Average


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