A 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.
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Annualised returns
Absolute returns
Name
3M
6M
1Y
All
Fund returns
-0.2%
-0.4%
+3.0%
+3.3%
Category average (Debt Long Duration)
--
--
+3.7%
--
Rank (Debt Long Duration)
1
7
7
--
Understand terms
Expense ratio
A 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.
Tax
A 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 load
A 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 duty
A form of tax payable for the purchase or sale of an asset or security.
Exit Load
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Fund management
KC
Kruti Chheta
Nov 2024 - Present
View details
Education
Ms. Chheta has done BAF (Finance and Accounts) and MBA (Finance).
Experience
Prior to joining Mirae Asset Mutual Fund, she has worked with A K Capital Services Ltd., Shriram Wealth Advisors Ltd. and Birla wealth management.
About Mirae Asset Long Duration Fund Direct Growth
Mirae Asset Long Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Kruti Chheta is the Current Fund Manager of Mirae Asset Long Duration Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,31,684 Cr and the Latest NAV as of 09 Jan 2026 is ₹10.33.
The Mirae Asset Long Duration Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000.
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Investment Objective
The scheme seeks to generate returns through an actively managed diversified portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is greater than 7 years
Fund benchmarkCRISIL Long Duration Debt A-III Index