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

Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal

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previously known as Mirae Asset Short Term Dir DR until

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
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%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 87.65%
AA 12.35%
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 1.807
Sharpe 0.954
Std Dev 1.488
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.

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

Top Short Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
53.614 5.92% 15,629 cr 0.39% Below Average
42.196 5.11% 4,992 cr 0.38% Average
27.677 4.66% 6,942 cr 0.31% Below Average
27.143 4.36% 11,300 cr 0.29% Average
47.018 4.27% 5,608 cr 0.34% Below Average
47.179 4.06% 13,524 cr 0.35% Average
Best Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
23.978 27.89% 74 cr 0.55% High
39.099 13.62% 330 cr 0.28% Above Average
53.614 5.92% 15,629 cr 0.39% Below Average
42.196 5.11% 4,992 cr 0.38% Average
27.793 4.67% 2,264 cr 0.33% Above Average
24.941 3.99% 30 cr 0.28% Above Average
1991.125 3.87% 20 cr 0.38% Low


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