Item: Mirae Asset Short Term Direct Payout of Income Distribution cum capital withdrawal
Rating: 4
Author: Morningstar

Home › Mutual Funds › Mirae Asset Mutual Fund › Mirae Asset Short Term Direct Payout of Income Distribution cum capital withdrawal

14.151 (-0.039%)

NAV on June 09, 2023

Category Fixed income:
Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 392 cr

Turnover Ratio 271.54%

Expense Ratio 0.32%

Exit Load -

Returns

1M: 0.64%
1Y: 7.07%
3M: 2.65%
3Y: 5.32%
6M: 3.93%
5Y: 7.16%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Amit Modani (Since almost 2 years) Basant Bafna (Since 5 months)

ISIN INF769K01DY4

Fund Family Mirae Asset

Launch Date March 16, 2018

Benchmark CRISIL Short Duration Debt B-II TR INR

Avg. Maturity 2.25 years

Yield To Maturity (%) 7.48%

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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet

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