Mirae Asset Corporate Bond Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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Mirae Asset Corporate Bond Fund Direct Growth
Debt
Corporate Bond
Low to Moderate Risk
0.24%
1M return
-0.01% 1D
1M
6M
All
 NAV: 27 Jan 2022₹10.41
Min. SIP amount₹1,000
RatingNA
Fund size₹127.51Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Corporate Bond
Absolute returns
1M3M6MAll
Fund returns0.3%0.7%1.8%4.1%
Category averageNANANANA
Rank with in categoryNA1216NA
Understand terms
Holdings (20)NameSectorInstrumentAssets
GOI
SovereignGOI Sec7.8%
Indian Railway Finance Corporation Ltd.
FinancialDebenture6.2%
Food Corporation of India
FMCGBonds5.5%
Export-Import Bank Of India
FinancialBonds4.2%
Larsen & Toubro Ltd.
ConstructionNCD4.0%
Reliance Industries Ltd.
EnergyNCD4.0%
REC Ltd.
FinancialNCD4.0%
Sikka Ports and Terminals Ltd.
EnergyDebenture3.9%
L&T Finance Ltd.
FinancialDebenture3.9%
National Housing Bank
FinancialNCD3.9%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2021 - Present
0.47%
30 Nov 2021 - 31 Dec 2021
0.47%
31 Oct 2021 - 30 Nov 2021
0.47%
30 Sep 2021 - 31 Oct 2021
0.47%
31 Aug 2021 - 30 Sep 2021
0.45%
31 Jul 2021 - 31 Aug 2021
0.45%
30 Jun 2021 - 31 Jul 2021
0.45%
31 May 2021 - 30 Jun 2021
0.46%
30 Apr 2021 - 31 May 2021
0.41%
31 Mar 2021 - 30 Apr 2021
0.41%
Expense ratio, exit load and taxExpense ratio: 0.47%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹1,000
Fund managementMahendra Kumar Jajoo
Feb 2021 - Present
View details
Education
Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
Experience
Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.
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Fund house & investment objective
Mirae Asset Mutual Fund
Rank (total assets)#13 in India
Total AUM₹1,00,505.47Cr
Date of IncorporationNA
 Mirae Asset Corporate Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made availab
 Mirae Asset Corporate Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 28 Jan 2022. Mahendra Kumar Jajoo is the Current Fund Manager of Mirae Asset Corporate Bond Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,00,505 Cr and the Latest NAV as of 27 Jan 2022 is ₹10.41.
The Mirae Asset Corporate Bond Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
...Read more
Investment Objective
The scheme seeks to provide income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds.
The scheme seeks to provide income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds.
Fund benchmarkNIFTY Corporate Bond TRI
Scheme Information Document(SID)
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
NA
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.com
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FAQsHow to Invest in Mirae Asset Corporate Bond Fund Direct Growth
You can easily invest in Mirae Asset Corporate Bond Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account
 Search for Mirae Asset Corporate Bond Fund Direct Growth from the search box 
 In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
 Once you are done with that, you can start investing in Mirae Asset Corporate Bond Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Mirae Asset Corporate Bond Fund Direct Growth provide?
The Mirae Asset Corporate Bond Fund Direct Growth has been there from 17 Mar 2021 and the average annual returns provided by this
fund is NA% since its inception.
How much expense ratio is charged by Mirae Asset Corporate Bond Fund Direct Growth?
The term Expense Ratio used for Mirae Asset Corporate Bond Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. 

The Expense Ratio of Mirae Asset Corporate Bond Fund Direct Growth is 0.47% as of 28 Jan 2022...
What is the AUM of Mirae Asset Corporate Bond Fund Direct Growth?
The AUM, short for Assets Under Management of Mirae Asset Corporate Bond Fund Direct Growth is ₹127.51Cr as of 28 Jan 2022.
How to Redeem Mirae Asset Corporate Bond Fund Direct Growth?
If you want to sell your Mirae Asset Corporate Bond Fund Direct Growth holdings, go to your holding on the app or
web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your
desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Mirae Asset Corporate Bond Fund Direct Growth?
You can select either SIP  or Lumpsum  investment of Mirae Asset Corporate Bond Fund Direct Growth based on your investment objective and risk tolerance.
What is the NAV of Mirae Asset Corporate Bond Fund Direct Growth?
The NAV of Mirae Asset Corporate Bond Fund Direct Growth is ₹10.41 as of 27 Jan 2022.
What is the PE and PB ratio of Mirae Asset Corporate Bond Fund Direct Growth?
The PE ratio ratio of Mirae Asset Corporate Bond Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

	1M	3M	6M	All
Fund returns	0.3%	0.7%	1.8%	4.1%
Category average	NA	NA	NA	NA
Rank with in category	NA	12	16	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	7.8%
Indian Railway Finance Corporation Ltd.	Financial	Debenture	6.2%
Food Corporation of India	FMCG	Bonds	5.5%
Export-Import Bank Of India	Financial	Bonds	4.2%
Larsen & Toubro Ltd.	Construction	NCD	4.0%
Reliance Industries Ltd.	Energy	NCD	4.0%
REC Ltd.	Financial	NCD	4.0%
Sikka Ports and Terminals Ltd.	Energy	Debenture	3.9%
L&T Finance Ltd.	Financial	Debenture	3.9%
National Housing Bank	Financial	NCD	3.9%

Rank (total assets)	#13 in India
Total AUM	₹1,00,505.47Cr

Date of Incorporation	NA

Fund benchmark	NIFTY Corporate Bond TRI

No.11, 2nd floor, 80 FT Road
4th Block, S.T Bed, Koramangala
Bengaluru – 560034
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹5,000

Rating	NA
Fund size	₹127.51Cr