Mirae Asset Low Duration Fund Direct Growth

Debt
Low Duration
Low to Moderate Risk
6.53%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 13 Dec 2024₹2,349.81
Min. SIP amount₹99
Rating3
Fund size₹1,150.94Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns8.1%6.5%6.1%5.5%
Category average7.4%6.0%6.1%NA
Rank with in category31116NA
Understand terms

Peer Comparison

Holdings (66)

NameSectorInstrumentAssets
LIC Housing Finance Ltd.
FinancialDebenture5.54%
Axis Bank Ltd.
FinancialCD4.15%
HDFC Bank Ltd.
FinancialDebenture4.12%
Axis Bank Ltd.
FinancialCD4.06%
FinancialNCD3.84%
Indian Railway Finance Corporation Ltd.
FinancialDebenture3.45%
National Bank For Agriculture & Rural Development
FinancialDebenture3.43%
GOI
SovereignGOI FRB2.65%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture2.56%
FinancialNCD2.21%
REC Ltd.
FinancialDebenture2.15%
National Bank For Agriculture & Rural Development
FinancialDebenture2.14%
Reserve Bank of India
FinancialT-Bills2.14%
FinancialDebenture2.13%
Reserve Bank of India
FinancialT-Bills2.10%
Union Bank of India
FinancialCD2.10%
Kotak Mahindra Bank Ltd.
FinancialCD2.08%
Muthoot Finance Ltd.
FinancialCP2.06%
Reserve Bank of India
FinancialT-Bills1.97%
LIC Housing Finance Ltd.
FinancialDebenture1.73%
Motilal Oswal Financial Services Ltd.
FinancialCP1.72%
ConstructionDebenture1.72%
Small Industries Devp. Bank of India Ltd.
FinancialNCD1.72%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture1.71%
HDFC Bank Ltd.
FinancialDebenture1.71%
FinancialDebenture1.69%
Hero FinCorp Ltd.
FinancialDebenture1.63%
ConstructionDebenture1.55%
Muthoot Finance Ltd.
FinancialNCD1.46%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture1.29%
LIC Housing Finance Ltd.
FinancialDebenture1.27%
FinancialBonds0.87%
Gujarat State
ConstructionSDL0.86%
FinancialNCD0.86%
REC Ltd.
FinancialDebenture0.86%
REC Ltd.
FinancialDebenture0.86%
EnergyNCD0.86%
HDFC Bank Ltd.
FinancialDebenture0.86%
HDFC Bank Ltd.
FinancialNCD0.86%
FinancialBonds/NCD0.86%
FinancialFRB0.86%
Angel One Ltd.
FinancialCP0.86%
FinancialDebenture0.86%
National Bank For Agriculture & Rural Development
FinancialDebenture0.86%
Export-Import Bank Of India
FinancialDebenture0.85%
Shriram Finance Ltd
FinancialCP0.85%
Cholamandalam Investment and Finance Company Ltd.
FinancialCP0.84%
ICICI Securities Ltd.
FinancialCP0.84%
National Bank For Agriculture & Rural Development
FinancialCD0.82%
FinancialNCD0.81%
FinancialDebenture0.78%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture0.69%
Birla Group Holdings Pvt. Ltd.
FinancialCP0.51%
GOI
SovereignGOI Sec0.44%
FinancialDebenture0.43%
Muthoot Finance Ltd.
FinancialDebenture0.43%
Small Industries Devp. Bank of India Ltd.
FinancialCD0.42%
Small Industries Devp. Bank of India Ltd.
FinancialCP0.42%
Motilal Oswal Financial Services Ltd.
FinancialCP0.42%
Kotak Mahindra Bank Ltd.
FinancialCD0.42%
Axis Bank Ltd.
FinancialCD0.41%
FinancialDebenture0.32%
FinancialBonds0.26%
Karnataka State
OthersSDL0.22%
SovereignGOI Sec0.09%
HDFC Bank Ltd.
FinancialNCD0.09%
See All

Expense ratio, exit load and tax

Expense ratio: 0.24%

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 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 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
NA
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,

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