1M
6M
1Y
3Y
5Y
All
| NAV: 24 Apr 2025 | ₹2,427.28 |
| Min. SIP amount | ₹99 |
| Rating | 3 |
| Fund size | ₹1,414.58Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
1 year
3 years
5 years
Total investment of ₹0
Would have become ₹0 (+0.00%)
Returns and rankings
Category: Debt Low Duration
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 8.5% | 7.2% | 6.4% | 5.6% |
| Category average | 7.8% | 6.7% | 6.2% | NA |
| Rank with in category | 3 | 10 | 14 | NA |
Understand terms
Peer Comparison
| Debt, Low Duration funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Aditya Birla Sun Life Low Duration Fund Direct Growth | 5 | 8.4% | 7.4% | 11,918.97 |
Sundaram Low Duration Fund Direct Growth | 5 | 8.5% | 7.3% | 342.03 |
Axis Treasury Advantage Fund Direct Growth | 4 | 8.4% | 7.3% | 5,830.11 |
SBI Magnum Low Duration Fund Direct Plan Growth | 4 | 8.3% | 7.2% | 14,392.26 |
LIC MF Low Duration Fund Direct Growth | 4 | 8.3% | 7.1% | 1,449.53 |
Holdings (63)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Ltd. | Financial | CD | 5.74% |
National Bank For Agriculture & Rural Development | Financial | FRB | 5.31% |
REC Ltd. | Financial | Debenture | 4.26% |
Power Finance Corporation Ltd. | Financial | NCD | 3.17% |
LIC Housing Finance Ltd. | Financial | Debenture | 3.17% |
Power Grid Corporation Of India Ltd. | Energy | Debenture | 2.83% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.83% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.12% |
REC Ltd. | Financial | Debenture | 2.05% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 1.77% |
HDFC Bank Ltd. | Financial | NCD | 1.77% |
Kotak Mahindra Bank Ltd. | Financial | CD | 1.76% |
Bank Of Baroda | Financial | CD | 1.76% |
Canara Bank | Financial | CD | 1.75% |
Axis Bank Ltd. | Financial | CD | 1.75% |
Muthoot Finance Ltd. | Financial | CP | 1.74% |
LIC Housing Finance Ltd. | Financial | Debenture | 1.74% |
Export-Import Bank Of India | Financial | CP | 1.70% |
Birla Group Holdings Pvt. Ltd. | Financial | CP | 1.66% |
HDFC Bank Ltd. | Financial | CD | 1.66% |
Motilal Oswal Financial Services Ltd. | Financial | CP | 1.66% |
Power Finance Corporation Ltd. | Financial | Debenture | 1.64% |
Motilal Oswal Financial Services Ltd. | Financial | CP | 1.46% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 1.42% |
Embassy Office Parks REIT | Construction | Debenture | 1.41% |
HDB Financial Services Ltd. | Financial | NCD | 1.41% |
Canara Bank | Financial | CD | 1.40% |
Hero FinCorp Ltd. | Financial | Debenture | 1.34% |
Mindspace Business Parks REIT | Construction | Debenture | 1.28% |
Muthoot Finance Ltd. | Financial | NCD | 1.21% |
LIC Housing Finance Ltd. | Financial | Debenture | 1.21% |
Power Finance Corporation Ltd. | Financial | Bonds | 1.07% |
Power Finance Corporation Ltd. | Financial | Bonds | 1.07% |
REC Ltd. | Financial | Bonds | 1.07% |
LIC Housing Finance Ltd. | Financial | Debenture | 1.05% |
National Bank For Agriculture & Rural Development | Financial | Bonds | 1.00% |
Bajaj Finance Ltd. | Financial | Bonds/NCD | 0.92% |
Small Industries Devp. Bank of India Ltd. | Financial | Bonds | 0.86% |
Power Finance Corporation Ltd. | Financial | Debenture | 0.72% |
REC Ltd. | Financial | NCD | 0.72% |
REC Ltd. | Financial | Debenture | 0.71% |
National Bank For Agriculture & Rural Development | Financial | Bonds | 0.71% |
Power Finance Corporation Ltd. | Financial | NCD | 0.71% |
India Infrastructure Finance Company Ltd. | Construction | Debenture | 0.71% |
Motilal Oswal Finevest Ltd. | Financial | NCD | 0.71% |
Gujarat State | Construction | SDL | 0.71% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.71% |
ONGC Petro Additions Ltd. | Energy | NCD | 0.71% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 0.71% |
Indostar Capital Finance Ltd. | Financial | Debenture | 0.71% |
Indostar Capital Finance Ltd. | Financial | Debenture | 0.71% |
Export-Import Bank Of India | Financial | Debenture | 0.70% |
HDFC Bank Ltd. | Financial | CD | 0.70% |
HDFC Bank Ltd. | Financial | NCD | 0.70% |
LIC Housing Finance Ltd. | Financial | Debenture | 0.64% |
HDB Financial Services Ltd. | Financial | Debenture | 0.49% |
GOI | Sovereign | GOI Sec | 0.36% |
Muthoot Finance Ltd. | Financial | Debenture | 0.35% |
Power Finance Corporation Ltd. | Financial | Debenture | 0.35% |
Kotak Mahindra Bank Ltd. | Financial | CD | 0.35% |
Kotak Mahindra Prime Ltd. | Financial | Bonds | 0.21% |
Karnataka State | Others | SDL | 0.18% |
HDFC Bank Ltd. | Financial | NCD | 0.07% |
See All
Expense ratio, exit load and tax
Expense ratio: 0.19%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹99 |
Fund management
Kruti ChhetaAug 2022 - PresentView details
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
Basant BafnaFeb 2024 - PresentView details
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
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
30 Nov 2007
E-mail
NAWebsite
www.miraeassetmf.co.in
Mirae Asset Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Website
www.karvymfs.comCompare funds
Mirae Asset Low Duration Fund Direct Growth
VS
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Vaishnavi Tech Park, South Tower, 3rd Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
Karnataka
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