1M
6M
1Y
3Y
5Y
All
| NAV: 12 Mar 2025 | ₹2,391.14 |
| Min. SIP amount | ₹99 |
| Rating | 3 |
| Fund size | ₹1,199.97Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
1 year
3 years
5 years
Total investment of ₹60,000
Would have become ₹62,081 (+3.47%)
Holdings (63)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 5.95% |
National Bank For Agriculture & Rural Development | Financial | FRB | 4.57% |
GOI | Sovereign | GOI FRB | 4.29% |
Power Finance Corporation Ltd. | Financial | NCD | 3.73% |
LIC Housing Finance Ltd. | Financial | Debenture | 3.73% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 3.33% |
ICICI Bank Ltd. | Financial | CD | 2.64% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.49% |
Axis Bank Ltd. | Financial | CD | 2.45% |
HDFC Bank Ltd. | Financial | CD | 2.32% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.28% |
Power Finance Corporation Ltd. | Financial | NCD | 2.08% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 2.08% |
Reserve Bank of India | Financial | T-Bills | 2.07% |
Kotak Mahindra Bank Ltd. | Financial | CD | 2.06% |
Bank Of Baroda | Financial | CD | 2.06% |
Axis Bank Ltd. | Financial | CD | 2.05% |
HDFC Bank Ltd. | Financial | CD | 2.04% |
LIC Housing Finance Ltd. | Financial | Debenture | 2.04% |
Muthoot Finance Ltd. | Financial | CP | 2.04% |
Birla Group Holdings Pvt. Ltd. | Financial | CP | 1.94% |
Motilal Oswal Financial Services Ltd. | Financial | CP | 1.93% |
Motilal Oswal Financial Services Ltd. | Financial | CP | 1.71% |
HDFC Bank Ltd. | Financial | Debenture | 1.68% |
Power Finance Corporation Ltd. | Financial | Debenture | 1.67% |
Embassy Office Parks REIT | Construction | Debenture | 1.67% |
Canara Bank | Financial | CD | 1.64% |
Hero FinCorp Ltd. | Financial | Debenture | 1.58% |
Mindspace Business Parks REIT | Construction | Debenture | 1.50% |
Muthoot Finance Ltd. | Financial | NCD | 1.43% |
LIC Housing Finance Ltd. | Financial | Debenture | 1.42% |
LIC Housing Finance Ltd. | Financial | Debenture | 1.24% |
Bajaj Finance Ltd. | Financial | Bonds/NCD | 1.09% |
REC Ltd. | Financial | NCD | 0.84% |
Gujarat State | Construction | SDL | 0.84% |
Motilal Oswal Finevest Ltd. | Financial | NCD | 0.83% |
National Bank For Agriculture & Rural Development | Financial | Bonds | 0.83% |
REC Ltd. | Financial | Debenture | 0.83% |
ONGC Petro Additions Ltd. | Energy | NCD | 0.83% |
India Infrastructure Finance Company Ltd. | Construction | Debenture | 0.83% |
HDFC Bank Ltd. | Financial | NCD | 0.83% |
HDB Financial Services Ltd. | Financial | Debenture | 0.83% |
Indostar Capital Finance Ltd. | Financial | Debenture | 0.83% |
Indostar Capital Finance Ltd. | Financial | Debenture | 0.83% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 0.83% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.83% |
Export-Import Bank Of India | Financial | Debenture | 0.83% |
Canara Bank | Financial | CD | 0.82% |
HDFC Bank Ltd. | Financial | CD | 0.81% |
LIC Housing Finance Ltd. | Financial | Debenture | 0.75% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.67% |
Export-Import Bank Of India | Financial | Bonds | 0.58% |
GOI | Sovereign | GOI Sec | 0.43% |
REC Ltd. | Financial | Debenture | 0.42% |
Muthoot Finance Ltd. | Financial | Debenture | 0.42% |
Power Finance Corporation Ltd. | Financial | Debenture | 0.41% |
Kotak Mahindra Bank Ltd. | Financial | CD | 0.41% |
HDFC Bank Ltd. | Financial | NCD | 0.41% |
National Bank For Agriculture & Rural Development | Financial | NCD | 0.25% |
Kotak Mahindra Prime Ltd. | Financial | Bonds | 0.25% |
Karnataka State | Others | SDL | 0.21% |
Power Finance Corporation Ltd. | Financial | Debenture | 0.08% |
HDFC Bank Ltd. | Financial | NCD | 0.08% |
See All
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹99 |
Returns and rankings
Category: Debt Low Duration
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 7.9% | 6.9% | 6.2% | 5.5% |
| Category average | 7.2% | 6.3% | 6.1% | NA |
| Rank with in category | 2 | 10 | 15 | 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 | 7.7% | 7.1% | 12,214.04 |
Sundaram Low Duration Fund Direct Growth | 5 | 7.9% | 7.0% | 372.68 |
Axis Treasury Advantage Fund Direct Growth | 4 | 7.8% | 6.9% | 5,933.18 |
SBI Magnum Low Duration Fund Direct Plan Growth | 5 | 7.6% | 6.8% | 12,334.94 |
LIC MF Low Duration Fund Direct Growth | 4 | 7.7% | 6.7% | 2,058.92 |
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
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
Deutsche Bank
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
Add mutual fund to compare
Vaishnavi Tech Park, South Tower, 3rd Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
Karnataka
Contact Us
MOST POPULAR ON GROWWVERSION - 5.8.3
STOCK MARKET INDICES: S&P BSE SENSEX | S&P BSE 100 | NIFTY 100 | NIFTY 50 | NIFTY MIDCAP 100 | NIFTY BANK | NIFTY NEXT 50
POPULAR MUTUAL FUNDS: QUANT SMALL CAP FUND | ICICI PRUDENTIAL COMMODITIES FUND | NIPPON INDIA SMALL CAP FUND | PARAG PARIKH FLEXI CAP FUND | GROWW NIFTY TOTAL MARKET INDEX FUND | SBI SMALL MIDCAP FUND | TATA DIGITAL INDIA FUND | AXIS SMALL CAP FUND | ICICI PRUDENTIAL TECHNOLOGY FUND | HDFC INDEX FUND SENSEX PLAN | HDFC SMALL CAP FUND | AXIS EQUITY FUND | CANARA ROBECO SMALL CAP FUND | TATA SMALL CAP FUND | UTI NIFTY FUND
MUTUAL FUNDS COMPANIES: GROWWMF | SBI | AXIS | HDFC | UTI | NIPPON INDIA | ICICI PRUDENTIAL | TATA | KOTAK | DSP | CANARA ROBECO | SUNDARAM | MIRAE ASSET | IDFC | FRANKLIN TEMPLETON | PPFAS | MOTILAL OSWAL | INVESCO | EDELWEISS | ADITYA BIRLA SUN LIFE | LIC | HSBC | NAVI | QUANTUM | UNION | ITI | MAHINDRA MANULIFE | 360 ONE | BOI | TAURUS | JM FINANCIAL | PGIM | SHRIRAM | BARODA BNP PARIBAS | QUANT | WHITEOAK CAPITAL | TRUST | SAMCO | NJ