1M
6M
1Y
3Y
5Y
All
| NAV: 02 Feb 2023 | ₹2,350.66 |
| Min. SIP amount | ₹1,000 |
| Rating | 3 |
| Fund size | ₹5,735.27Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Debt Liquid
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 5.2% | 4.2% | 5.3% | 6.6% |
| Category average | 5.0% | 4.0% | 5.1% | NA |
| Rank with in category | 10 | 14 | 15 | NA |
Understand terms
Holdings (84)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Indian Bank | Financial | CD | 2.6% |
Small Industries Devp. Bank of India Ltd. | Financial | CP | 2.6% |
Punjab National Bank | Financial | CD | 1.7% |
Berger Paints India Ltd. | Chemicals | CP | 1.7% |
Reserve Bank of India | Financial | T-Bills | 1.7% |
| National Bank For Agriculture & Rural Development | Financial | CP | 1.7% |
Reserve Bank of India | Financial | T-Bills | 1.7% |
Reserve Bank of India | Financial | T-Bills | 1.7% |
| Reliance Retail Ventures Ltd. | Services | CP | 1.7% |
| ICICI Securities Ltd. | Financial | CP | 1.7% |
See All
Pros and cons
Category: Debt Liquid
Pros
Cons
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Higher expense ratio: 0.17%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Expense ratio, exit load and tax
Expense ratio: 0.17%
Inclusive of GST
Exit load
Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Abhishek IyerDec 2020 - PresentView details
Abhishek Iyer
Dec 2020 - Present
View details
Education
Mr. Iyer is a B. Com, Master in Finance management, Master of Arts (MA) Economics
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with IDBI Mutual Fund, IIFL Mutual Fund, L&T Mutual Fund and Sahara Mutual Fund.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
26 Apr 2019
E-mail
[email protected]Website
NA
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
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