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Mirae Asset Low Duration Fund Direct Growth
Debt
Low Duration
Low to Moderate Risk
+7.63%
3Y annualised
+0.01% 1D
NAV: 09 Jan '26
₹2,543.33
Min. SIP amount
₹99
Fund size
₹2,561.99 Cr
Expense ratio
0.17%
Return calculator
Monthly SIP
One time
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹61,882 | +3.14% | |
| 3 years | ₹1,80,000 | ₹2,00,916 | +11.62% | |
| 5 years | ₹3,00,000 | ₹3,57,285 | +19.10% | |
| 10 years | ₹6,00,000 | ₹8,38,718 | +39.79% |
Holdings (87)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 3.86% |
| Reserve Bank of India | Financial | T-Bills | 3.86% |
| LIC Housing Finance Ltd. | Financial | Debenture | 3.35% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 2.94% |
| Bank Of Baroda | Financial | CD | 2.86% |
| National Housing Bank | Financial | NCD | 2.17% |
| National Bank For Agriculture & Rural Development | Financial | FRB | 2.15% |
| National Bank For Agriculture & Rural Development | Financial | Bonds | 1.99% |
| Power Finance Corporation Ltd. | Financial | NCD | 1.96% |
| Mindspace Business Parks REIT | Construction | Debenture | 1.95% |
| Bharti Telecom Ltd. | Communication | Debenture | 1.94% |
| HDB Financial Services Ltd. | Financial | Debenture | 1.94% |
| HDFC Bank Ltd. | Financial | CD | 1.94% |
| Bank Of Baroda | Financial | CD | 1.94% |
| Indian Railway Finance Corporation Ltd. | Financial | Bonds | 1.94% |
| Angel One Ltd. | Financial | CP | 1.92% |
| ICICI Securities Ltd. | Financial | Debenture | 1.91% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.91% |
| Canara Bank | Financial | CD | 1.90% |
| Bank Of Baroda | Financial | CD | 1.85% |
| Axis Bank Ltd. | Financial | CD | 1.84% |
| National Housing Bank | Financial | Debenture | 1.74% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 1.52% |
| GOI | Sovereign | CGL | 1.37% |
| Small Industries Devp. Bank of India Ltd. | Financial | NCD | 1.18% |
| Piramal Finance Pvt. Ltd. | Financial | Bonds/NCD | 1.17% |
| HDB Financial Services Ltd. | Financial | Debenture | 1.02% |
| Gujarat State | Construction | SDL | 0.99% |
| Bharti Telecom Ltd. | Communication | Debenture | 0.99% |
| National Bank For Agriculture & Rural Development | Financial | Bonds | 0.99% |
| LIC Housing Finance Ltd. | Financial | Bonds | 0.99% |
| Indian Railway Finance Corporation Ltd. | Financial | Debenture | 0.98% |
| HDFC Bank Ltd. | Financial | NCD | 0.98% |
| Motilal Oswal Finevest Ltd. | Financial | Bonds | 0.98% |
| Ultratech Cement Ltd. | Construction | Bonds | 0.98% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 0.98% |
| GOI | Sovereign | GOI Sec | 0.98% |
| Power Finance Corporation Ltd. | Financial | Debenture | 0.98% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.98% |
| LIC Housing Finance Ltd. | Financial | Debenture | 0.98% |
| Bajaj Housing Finance Ltd. | Financial | Bonds/NCD | 0.98% |
| REC Ltd. | Financial | Debenture | 0.98% |
| Embassy Office Parks REIT | Construction | NCD | 0.98% |
| 360 ONE Wealth Ltd. | Financial | NCD | 0.98% |
| Jio Credit Ltd. | Financial | Debenture | 0.97% |
| Bharti Telecom Ltd. | Communication | Debenture | 0.97% |
| Axis Bank Ltd. | Financial | CD | 0.97% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.97% |
| Reserve Bank of India | Financial | T-Bills | 0.97% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.96% |
| Axis Bank Ltd. | Financial | CD | 0.95% |
| IDBI Bank Ltd. | Financial | CD | 0.95% |
| Embassy Office Parks REIT | Construction | CP | 0.95% |
| Axis Bank Ltd. | Financial | CD | 0.95% |
| REC Ltd. | Financial | Debenture | 0.93% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.93% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.93% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 0.79% |
| Indostar Capital Finance Ltd. | Financial | Debenture | 0.78% |
| REC Ltd. | Financial | Debenture | 0.78% |
| Axis Bank Ltd. | Financial | CD | 0.76% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.76% |
| Mindspace Business Parks REIT | Construction | Debenture | 0.71% |
| Kerala State | Others | SDL | 0.61% |
| Power Finance Corporation Ltd. | Financial | Debenture | 0.60% |
| Godrej Industries Ltd. | Consumer Staples | Debenture | 0.59% |
| Power Grid Corporation Of India Ltd. | Energy | Debenture | 0.59% |
| Power Finance Corporation Ltd. | Financial | Debenture | 0.59% |
| Power Finance Corporation Ltd. | Financial | Bonds | 0.58% |
| Axis Bank Ltd. | Financial | CD | 0.57% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.55% |
| Export-Import Bank Of India | Financial | Bonds | 0.51% |
| Export-Import Bank Of India | Financial | Debenture | 0.51% |
| Bharti Telecom Ltd. | Communication | Debenture | 0.43% |
| India Infrastructure Finance Company Ltd. | Construction | Debenture | 0.40% |
| Indostar Capital Finance Ltd. | Financial | Debenture | 0.39% |
| Indostar Capital Finance Ltd. | Financial | Debenture | 0.39% |
| Shivshakti Securitisation Trust | Others | Sec. Debt | 0.39% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.39% |
| Power Finance Corporation Ltd. | Financial | Debenture | 0.28% |
| GOI | Sovereign | GOI Sec | 0.20% |
| Power Finance Corporation Ltd. | Financial | NCD | 0.20% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | Bonds | 0.20% |
| Reserve Bank of India | Financial | T-Bills | 0.19% |
| Karnataka State | Others | SDL | 0.10% |
| 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% | +6.2% | +6.7% | +5.7% |
| Category average (Debt Low Duration) | +7.1% | +5.9% | +6.5% | -- |
| Rank (Debt Low Duration) | 9 | 13 | 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) | |
|---|---|---|---|---|
Axis Treasury Advantage Fund Direct Growth | +7.75% | +7.70% | 5,979.40 | |
Mirae Asset Low Duration Fund Direct Growth | +7.70% | +7.63% | 2,561.99 | |
Sundaram Low Duration Fund Direct Growth | +7.50% | +7.59% | 472.15 | |
LIC MF Low Duration Fund Direct Growth | +7.51% | +7.52% | 1,938.34 | |
Tata Treasury Advantage Direct Plan Growth | +7.40% | +7.48% | 3,563.06 | |
| Compare | ||||
Fund management
KCKruti ChhetaAug 2022 - PresentView details
KC
Kruti Chheta
Aug 2022 - Present
View details
BBBasant BafnaFeb 2024 - PresentView details
BB
Basant Bafna
Feb 2024 - Present
View details
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 ₹2,31,684 Cr and the Latest NAV as of 09 Jan 2026 is ₹2,543.33.
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.
;
Investment Objective
The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
Fund benchmarkNIFTY Low Duration Debt Index A-I
Fund house
Rank (total assets)#13 in India
Total AUM₹2,31,683.80 Cr
Date of Incorporation30 Nov 2007
Launch Date30 Nov 2007
AddressUnit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,