Item: Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal
Rating: 3
Author: Morningstar

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

13.725 (0.025%)

NAV on January 25, 2023

Category Fixed income:
Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 413 cr

Turnover Ratio 271.54%

Expense Ratio 0.31%

Exit Load -

Returns

1M: 0.58%
1Y: 4.21%
3M: 1.81%
3Y: 5.67%
6M: 2.90%
5Y: N/A

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Amit Modani (Since over 1 year) Basant Bafna (Since 12 days)

ISIN INF769K01DZ1

Fund Family Mirae Asset

Launch Date March 16, 2018

Benchmark CRISIL Short Duration Fund TR INR

Avg. Maturity 2.21 years

Yield To Maturity (%) 7.57%

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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

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ICICI Prudential Short Term Fund Direct Plan Growth Option	53.614	5.92%	15,629 cr	0.39%	Below Average
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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Bank of India Short Term Income Fund Direct Plan Growth	23.978	27.89%	74 cr	0.55%	High
Sundaram Short Term Debt Fund - Direct Plan - Growth Option	39.099	13.62%	330 cr	0.28%	Above Average
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Aditya Birla Sun Life Short Term Fund Direct Plan Growth	42.196	5.11%	4,992 cr	0.38%	Average
UTI - Short Term Income Fund - Direct Plan - Growth Option	27.793	4.67%	2,264 cr	0.33%	Above Average
IDBI Short Term Bond Fund Direct Growth	24.941	3.99%	30 cr	0.28%	Above Average
Indiabulls Short Term Fund Direct Growth	1991.125	3.87%	20 cr	0.38%	Low