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

Mirae Asset Ultra Short to Short Term Fund Regular Plan Growth

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previously known as Mirae Asset Low Duration Reg Gr until

NAV on October 31, 2019
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Total Assets ₹2,434 cr
Turnover Ratio 430.66%
Expense Ratio 0.72%
Exit Load -
Returns
  • 1M: Positive return: 0.80%
  • 1Y: Positive return: 7.08%
  • 3M: Positive return: 1.83%
  • 3Y: Positive return: 6.33%
  • 6M: Positive return: 2.81%
  • 5Y: Positive return: 6.58%
Min Investment ₹5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since over 2 years)
ISIN INF769K01846
Fund Family Mirae Asset
Launch Date March 05, 2008
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 1.10 years
Yield To Maturity (%) 7.23%

Asset Allocation

  • Debt: 66.5%
  • Cash: 33.2%
  • Other: 0.3%
CREDIT QUALITY (%)
AAA 82.89%
AA 17.11%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs NIFTY Low Duration Debt TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino -0.092
Sharpe -0.075
Std Dev 1.082
Risk -
INVESTMENT OBJECTIVE

The investment objective of the scheme is to seek to generate returns with a portfolio comprising of debt and money market instruments, such that Macaulay duration of the portfolio is between 6 months - 12 months. The Scheme does not guarantee any returns.

View Factsheet

Top Low Duration Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
₹ 4295.722 6.42% ₹ 7,933 cr 0.40% Average
₹ 596.277 6.41% ₹ 21,047 cr 0.42% Average
₹ 47.455 6.39% ₹ 382 cr 0.28% Low
₹ 3507.897 6.37% ₹ 4,558 cr 0.37% Below Average
₹ 3941.608 6.35% ₹ 12,093 cr 0.40% Above Average
₹ 32.718 6.35% ₹ 875 cr 0.40% High
₹ 67.645 6.29% ₹ 17,793 cr 0.46% Average

Best Low Duration Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
₹ 30.265 12.59% ₹ 544 cr 0.33% Above Average


Other plans of Mirae Asset Ultra Short to Short Term Fd


Other Debt funds by Mirae Asset