How to Invest in Mirae Asset Low Duration Fund Direct Growth?

You can easily invest in Mirae Asset Low Duration 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 Low Duration 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 Low Duration Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mirae Asset Low Duration Fund Direct Growth provide?

The Mirae Asset Low Duration Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 7.33% since its inception.

How much expense ratio is charged by Mirae Asset Low Duration Fund Direct Growth?

The term Expense Ratio used for Mirae Asset Low Duration 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 Low Duration Fund Direct Growth is 0.17% as of 13 Mar 2026...

What is the AUM of Mirae Asset Low Duration Fund Direct Growth?

The AUM, short for Assets Under Management of Mirae Asset Low Duration Fund Direct Growth is ₹2,719.52Cr as of 13 Mar 2026.

How to Redeem Mirae Asset Low Duration Fund Direct Growth?

If you want to sell your Mirae Asset Low Duration 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 Low Duration Fund Direct Growth?

You can select either SIP or Lumpsum investment of Mirae Asset Low Duration Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Mirae Asset Low Duration Fund Direct Growth?

The NAV of Mirae Asset Low Duration Fund Direct Growth is ₹2,566.31 as of 12 Mar 2026.

What is the PE and PB ratio of Mirae Asset Low Duration Fund Direct Growth?

The PE ratio ratio of Mirae Asset Low Duration 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).

Mirae Asset Low Duration Fund Direct Growth

Name: Mirae Asset Low Duration Fund Direct Growth
Brand: Mirae Asset Mutual Fund

Debt

Low Duration

Low to Moderate Risk

+7.59%

3Y annualised

-0.04% 1D

All

NAV: 12 Mar '26

₹2,566.31

Min. for SIP

₹99

Fund size

₹2,719.52 Cr

Expense ratio

0.17%

Return calculator

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
1 year	₹60,000	₹61,651	+2.75%
3 years	₹1,80,000	₹2,00,072	+11.15%
5 years	₹3,00,000	₹3,56,566	+18.86%
10 years	₹6,00,000	₹8,36,507	+39.42%

Holdings (89)

Name	Sector	Instruments	Assets
Export-Import Bank Of India	Financial	CD	4.30%
Reserve Bank of India	Financial	T-Bills	3.67%
Knowledge Realty Trust	Construction	NCD	2.88%
National Bank For Agriculture & Rural Development	Financial	Debenture	2.59%
Reserve Bank of India	Financial	T-Bills	2.36%
Cholamandalam Investment and Finance Company Ltd.	Financial	Debenture	2.23%
Small Industries Devp. Bank of India Ltd.	Financial	CD	2.03%
Bajaj Housing Finance Ltd.	Financial	Debenture	2.01%
Bharti Telecom Ltd.	Communication	Debenture	1.85%
Tamilnadu State	Others	SDL	1.85%
Power Finance Corporation Ltd.	Financial	NCD	1.84%
Angel One Ltd.	Financial	CP	1.83%
Mindspace Business Parks REIT	Construction	Debenture	1.83%
Indian Railway Finance Corporation Ltd.	Financial	Bonds	1.82%
Bank Of Baroda	Financial	CD	1.81%
Canara Bank	Financial	CD	1.81%
HDFC Bank Ltd.	Financial	CD	1.80%
ICICI Securities Ltd.	Financial	Debenture	1.79%
Union Bank of India	Financial	CD	1.73%
Tata Capital Housing Finance Ltd.	Financial	CP	1.73%
Kotak Mahindra Bank Ltd.	Financial	CD	1.73%
HDFC Bank Ltd.	Financial	CD	1.72%
National Bank For Agriculture & Rural Development	Financial	CD	1.72%
ICICI Bank Ltd.	Financial	CD	1.69%
Union Bank of India	Financial	CD	1.45%
Small Industries Devp. Bank of India Ltd.	Financial	CP	1.44%
Bank Of Baroda	Financial	CD	1.44%
Cholamandalam Investment and Finance Company Ltd.	Financial	CP	1.38%
National Bank For Agriculture & Rural Development	Financial	CD	1.38%
Small Industries Devp. Bank of India Ltd.	Financial	CP	1.38%
HDB Financial Services Ltd.	Financial	Debenture	0.96%
Gujarat State	Construction	SDL	0.93%
LIC Housing Finance Ltd.	Financial	Bonds	0.93%
Power Finance Corporation Ltd.	Financial	Bonds	0.93%
Motilal Oswal Finevest Ltd.	Financial	Bonds	0.93%
Kotak Mahindra Prime Ltd.	Financial	Debenture	0.93%
Indian Railway Finance Corporation Ltd.	Financial	Debenture	0.92%
GOI	Sovereign	GOI Sec	0.92%
Ultratech Cement Ltd.	Construction	Bonds	0.92%
Kotak Mahindra Investments Ltd.	Financial	Debenture	0.92%
360 ONE Wealth Ltd.	Financial	NCD	0.92%
Shriram Pistons & Rings Ltd	Automobile	Debenture	0.92%
Embassy Office Parks REIT	Construction	NCD	0.92%
Shriram Pistons & Rings Ltd	Automobile	Debenture	0.92%
Bank Of Baroda	Financial	CD	0.91%
Axis Bank Ltd.	Financial	CD	0.91%
Bank Of Baroda	Financial	CD	0.90%
IDBI Bank Ltd.	Financial	CD	0.90%
Canara Bank	Financial	CD	0.90%
Embassy Office Parks REIT	Construction	CP	0.90%
Union Bank of India	Financial	CD	0.90%
Axis Bank Ltd.	Financial	CD	0.90%
Tata Capital Housing Finance Ltd.	Financial	NCD	0.88%
Torrent Pharmaceuticals Ltd.	Healthcare	Debenture	0.88%
Bank Of Baroda	Financial	CD	0.86%
Motilal Oswal Financial Services Ltd.	Financial	CP	0.86%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	0.85%
Cholamandalam Investment and Finance Company Ltd.	Financial	Debenture	0.77%
Indostar Capital Finance Ltd.	Financial	Debenture	0.74%
REC Ltd.	Financial	Debenture	0.74%
Birla Group Holdings Pvt. Ltd.	Financial	CP	0.72%
Power Finance Corporation Ltd.	Financial	NCD	0.67%
Mindspace Business Parks REIT	Construction	Debenture	0.66%
Kerala State	Others	SDL	0.57%
Power Finance Corporation Ltd.	Financial	Debenture	0.56%
Godrej Industries Ltd.	Consumer Staples	Debenture	0.56%
Kotak Mahindra Prime Ltd.	Financial	Debenture	0.56%
National Housing Bank	Financial	Debenture	0.56%
Power Finance Corporation Ltd.	Financial	Bonds	0.55%
Axis Bank Ltd.	Financial	CD	0.54%
Small Industries Devp. Bank of India Ltd.	Financial	CD	0.53%
Export-Import Bank Of India	Financial	Bonds	0.48%
Export-Import Bank Of India	Financial	Debenture	0.48%
India Infrastructure Finance Company Ltd.	Construction	Debenture	0.37%
LIC Housing Finance Ltd.	Financial	Debenture	0.37%
Kotak Mahindra Prime Ltd.	Financial	NCD	0.37%
Indostar Capital Finance Ltd.	Financial	Debenture	0.37%
Indostar Capital Finance Ltd.	Financial	Debenture	0.37%
Shivshakti Securitisation Trust	Others	Sec. Debt	0.37%
GOI	Sovereign	GOI Sec	0.19%
National Housing Bank	Financial	NCD	0.19%
HDFC Bank Ltd.	Financial	Debenture	0.19%
Power Finance Corporation Ltd.	Financial	NCD	0.19%
Mahindra & Mahindra Financial Services Ltd.	Financial	Bonds	0.18%
Small Industries Devp. Bank of India Ltd.	Financial	NCD	0.18%
Reserve Bank of India	Financial	T-Bills	0.18%
Karnataka State	Others	SDL	0.09%
HDFC Bank Ltd.	Financial	NCD	0.04%
Indian Bank	Financial	CD	0.04%

See All

Minimum investments

Min. for 1st investment

₹5,000

Min. for 2nd investment

₹1,000

Min. for SIP

₹99

Returns and rankings

Annualised returns

Absolute returns

Name	3Y	5Y	10Y	All
Fund returns	+7.6%	+6.4%	+6.6%	+5.7%
Category average (Debt Low Duration)	+7.1%	+5.9%	+6.5%	--
Rank (Debt Low Duration)	9	12	15	--

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

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	ICICI Prudential Savings Fund Direct Plan Growth	+7.51%	+7.77%	31,283.97
	Mirae Asset Low Duration Fund Direct Growth	+7.33%	+7.59%	2,719.52
	Sundaram Low Duration Fund Direct Growth	+7.05%	+7.51%	469.75
	LIC MF Low Duration Fund Direct Growth	+7.21%	+7.49%	2,018.24
	Tata Treasury Advantage Direct Plan Growth	+7.20%	+7.46%	3,490.68
Compare

Fund management

KC
Kruti Chheta
Aug 2022 - 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.

Also manages these schemes

Mirae Asset Banking and PSU Fund Direct Growth

Mirae Asset Corporate Bond Fund Direct Growth

Mirae Asset Long Duration Fund Direct Growth

Mirae Asset Low Duration Fund Direct Growth

BB
Basant Bafna
Feb 2024 - Present
View details

Education

Mr. Bafna has done B.Com, MBA, CS, CA, FRM and CFA

Experience

Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India

Also manages these schemes

Mirae Asset Income Plus Arbitrage Active FoF Direct Growth

Mirae Asset Equity Savings Fund Direct Growth

Mirae Asset Corporate Bond Fund Direct Growth

Mirae Asset Balanced Advantage Fund Direct Growth

Mirae Asset Ultra Short Duration Fund Direct Growth

Mirae Asset Multi Asset Allocation Fund Direct Growth

Mirae Asset Dynamic Bond Fund Direct Growth

Mirae Asset Aggressive Hybrid Fund Direct Growth

Mirae Asset Banking and PSU Fund Direct Growth

Mirae Asset Short Duration Fund Direct Growth

Mirae Asset Low Duration Fund Direct Growth

About Mirae Asset Low Duration Fund Direct Growth

Mirae Asset Low 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 Low Duration Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,24,201 Cr and the Latest NAV as of 12 Mar 2026 is ₹2,566.31. The Mirae Asset Low Duration Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000. ;