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Invest in direct mutual funds at zero charges via lump sump investments or SIPs
Mirae Asset Low Duration Fund Direct Growth
+7.52%
3Y annualised
+0.05% 1D
NAV: 10 Jul '26
₹2,627.60
Min. for SIP
₹99
Fund size (AUM)
₹2,085.14 Cr
Expense ratio
0.21%
Rating
4
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹61,844 | +3.07% | |
| 3 years | ₹1,80,000 | ₹2,00,061 | +11.14% | |
| 5 years | ₹3,00,000 | ₹3,57,821 | +19.27% | |
| 10 years | ₹6,00,000 | ₹8,38,681 | +39.78% |
Holdings (77)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Repo | Unspecified | Repo | 5.20% |
| ICICI BANK LIMITED CD 25MAR27 | Financial | Certificate of Deposit | 3.88% |
| KNOWLEDGE REALTY TRUST 7.5378 NCD 08MY29 FVRS1LAC | Real Estate | Non Convertible Debenture | 3.76% |
| GOVERNMENT OF INDIA 36371 364 DAYS TBILL 28AG26 FV RS 100 | Financial | Treasury Bills | 3.57% |
| HDFC BANK LIMITED CD 12MAR27 | Financial | Certificate of Deposit | 3.39% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 14JAN27 | Financial | Certificate of Deposit | 3.24% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VI 7.79 BD 14MY27 FVRS1LAC | Financial | Debenture | 2.41% |
| REC LIMITED SR 232 A 7.59 BD 31MY27 FVRS1LAC | Financial | Debenture | 2.41% |
| MINDSPACE BUSINESS PARKS REIT SR NCD16 6.9601 NCD 08DC28 FVRS1LAC | Real Estate | Debenture | 2.38% |
| GOVERNMENT OF INDIA 36790 364 DAYS TBILL 03DC26 FV RS 100 | Financial | Treasury Bills | 2.34% |
| BANK OF BARODA CD 05NOV26 | Financial | Certificate of Deposit | 2.34% |
| BANK OF BARODA CD 07DEC26 | Financial | Certificate of Deposit | 2.33% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA 209D CP 03DEC26 | Financial | Commercial Paper | 2.33% |
| TATA CAPITAL HOUSING FINANCE LIMITED 365D CP 03FEB27 | Financial | Commercial Paper | 2.30% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 26FEB27 | Financial | Certificate of Deposit | 2.29% |
| LIC HOUSING FINANCE LTD 351D CP 11MAR27 | Financial | Commercial Paper | 2.29% |
| LIC HOUSING FINANCE LIMITED TR- 359 7.95 LOA 29JN28 FVRS10LAC | Financial | Debenture | 1.93% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25A 7.70 BD 30SP27 FVRS1LAC | Financial | Debenture | 1.93% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IV 7.79 BD 19AP27 FVRS1LAC | Financial | Bonds | 1.92% |
| GOVERNMENT OF INDIA 37449 182 DAYS TBILL 19NV26 FV RS 100 | Financial | Treasury Bills | 1.64% |
| CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR 651 8.20 NCD 17FB28 FVRS1LAC | Financial | Debenture | 1.44% |
| KOTAK MAHINDRA PRIME LIMITED 7.05 NCD 10AP28 FVRS1LAC | Financial | Debenture | 1.43% |
| CANARA BANK CD 28JAN27 | Financial | Certificate of Deposit | 1.38% |
| STATE DEVELOPMENT LOAN 22323 GUJ 23OT27 7.19 FV RS 100 | Industrials | State Development Loan | 1.21% |
| MOTILAL OSWAL FINVEST LIMITED SR 1 8.80 BD 10SP27 FVRS1LAC | Financial | Bonds | 1.21% |
| BHARTI TELECOM LIMITED SR XVII 8.95 NCD 04DC26 FVRS1LAC | Technology | Debenture | 1.20% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24E 7.80 BD 15MR27 FVRS1LAC | Financial | Debenture | 1.20% |
| REC LIMITED SR 236-B 7.56 BD 31AG27 FVRS1LAC | Financial | Debenture | 1.20% |
| BAJAJ HOUSING FINANCE LIMITED 8.04 NCD 18JN27 FVRS1LAC | Financial | Debenture | 1.20% |
| MANAPPURAM FINANCE LIMITED 8.60 NCD 24MR28 FVRS1LAC | Financial | Debenture | 1.20% |
| SK FINANCE LIMITED 9.25 NCD 24OT27 FVRS1LAC | Financial | Non Convertible Debenture | 1.20% |
| 360 ONE PRIME LIMITED 8.75 NCD 07OT27 FVRS1LAC | Financial | Non Convertible Debenture | 1.20% |
| EMBASSY OFFICE PARKS REIT SR V TR B 7.05 NCD 18OT26 FVRS10LAC | Real Estate | Non Convertible Debenture | 1.20% |
| SHRIRAM PISTONS & RINGS LIMITED SR I 7.30 NCD 23AG27 FVRS1LAC | Consumer Discretionary | Debenture | 1.19% |
| SHRIRAM PISTONS & RINGS LIMITED SR II 7.35 NCD 23FB28 FVRS1LAC | Consumer Discretionary | Debenture | 1.19% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II 6.74 BD 10JN29 FVRS1LAC | Financial | Debenture | 1.19% |
| GOVERNMENT OF INDIA 36839 364 DAYS TBILL 17DC26 FV RS 100 | Financial | Treasury Bills | 1.17% |
| BANK OF BARODA CD 11DEC26 | Financial | Certificate of Deposit | 1.16% |
| HDFC BANK LIMITED CD 14DEC26 | Financial | Certificate of Deposit | 1.16% |
| KOTAK MAHINDRA BANK LIMITED CD 29JAN27 | Financial | Certificate of Deposit | 1.15% |
| EXPORT IMPORT BANK OF INDIA CD 29JAN27 | Financial | Certificate of Deposit | 1.15% |
| EXPORT IMPORT BANK OF INDIA CD 01MAR27 | Financial | Certificate of Deposit | 1.15% |
| TORRENT PHARMACEUTICALS LTD SR 1 7.45 NCD 19JN28 FVRS1LAC | Healthcare | Debenture | 1.15% |
| KOTAK MAHINDRA BANK LIMITED CD 05MAR27 | Financial | Certificate of Deposit | 1.15% |
| TATA CAPITAL HOUSING FINANCE LIMITED SR E 7.30 NCD 11FB28 FVRS1LAC | Financial | Non Convertible Debenture | 1.15% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IX 7.68 BD 10AG27 FVRS1LAC | Financial | Debenture | 1.11% |
| ICICI BANK LIMITED CD 12FEB27 | Financial | Certificate of Deposit | 1.10% |
| KOTAK MAHINDRA BANK LIMITED CD 12FEB27 | Financial | Certificate of Deposit | 1.01% |
| CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR 659 7.83 NCD 28JU28 FVRS1LAC | Financial | Debenture | 1.00% |
| INDOSTAR CAPITAL FINANCE LIMITED SR XXVI TR I 9.40 NCD 18JU27 FVRS1LAC | Financial | Debenture | 0.96% |
| TATA CAPITAL LIMITED SR B RR NCD 21FB29 FVRS1LAC | Financial | Non Convertible Debenture | 0.96% |
| CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR 665 RR NCD 27FB29 FVRS1LAC | Financial | Debenture | 0.96% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR MIF 1B 6.07 LOA 19NV27 FVRS10LAC | Financial | Debenture | 0.94% |
| POWER FINANCE CORPORATION LTD. SR-172 7.74 BD 29JN28 FVRS10LAC | Financial | Non Convertible Debenture | 0.87% |
| STATE DEVELOPMENT LOAN 21110 KER 19DC28 8.19 FV RS 100 | Unspecified | State Development Loan | 0.74% |
| GODREJ INDUSTRIES LIMITED SR 1 8.42 NCD 27DC27 FVRS1LAC | Diversified | Debenture | 0.72% |
| BAJAJ FINANCE LIMITED 8.12 NCD 10SP27 FVRS1LAC | Financial | Debenture | 0.72% |
| BHARTI TELECOM LIMITED SR XXV 7.35 NCD 15OT27 FVRS1LAC | Technology | Debenture | 0.71% |
| REC LIMITED SR 248A 6.52 BD 31JN28 FVRS1LAC | Financial | Debenture | 0.71% |
| POWER FINANCE CORPORATION LIMITED SR 251A 6.27 BD 15JL27 FVRS1LAC | Financial | Bonds | 0.71% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 06NOV26 | Financial | Certificate of Deposit | 0.70% |
| Export-Import Bank Of India 7.22 03/08/2027 | Financial | Debenture | 0.62% |
| INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED 7.56 NCD 20MR28 FVRS1LAC | Industrials | Debenture | 0.48% |
| INDOSTAR CAPITAL FINANCE LIMITED SR XXXIII 9.25 NCD 24JN28 FVRS1LAC | Financial | Non Convertible Debenture | 0.48% |
| SHIVSHAKTI SECURITISATION TRUST SS TRUST PTC 15SEPT25 | Unspecified | Securitised Debt | 0.47% |
| INDOSTAR CAPITAL FINANCE LIMITED 185D CP 15OCT26 | Financial | Money Market | 0.47% |
| AXIS BANK LIMITED CD 17DEC26 | Financial | Certificate of Deposit | 0.47% |
| Others Class A2 AIF | Unspecified | Alternative Investment Fund | 0.34% |
| 7.37% GOI CG 23-10-2028 | Entities | GOI Securities | 0.25% |
| MUTHOOT FINANCE LIMITED RR NCD 26JL29 FVRS1LAC | Financial | Debenture | 0.24% |
| POWER FINANCE CORPORATION LTD. SR 200 7.40 BD 08MY30 FVRS10LAC | Financial | Non Convertible Debenture | 0.24% |
| NATIONAL HOUSING BANK 7.59 BD 08SP27 FVRS1LAC | Financial | Non Convertible Debenture | 0.24% |
| HDFC BANK LIMITED SR AA008 7.77 NCD 28JU27 FVRS10LAC | Financial | Debenture | 0.24% |
| Export Import Bank of India (14/12/2026) | Financial | Commercial Paper | 0.23% |
| Karnataka State SDL 7.75 01/03/2027 | Unspecified | State Development Loan | 0.12% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC | Financial | Bonds | 0.05% |
| Net Payables | Unspecified | Net Payables | -3.04% |
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 | +7.5% | +6.6% | +6.6% | +5.7% |
| Category average (Debt Low Duration) | +7.1% | +5.9% | +6.5% | -- |
| Rank (Debt Low Duration) | 7 | 11 | 14 | -- |
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) | |
|---|---|---|---|---|
 | +6.42% | +7.60% | 25,884.88 | |
 | +6.28% | +7.58% | 11,522.71 | |
 | +6.42% | +7.52% | 7,379.13 | |
| +6.39% | +7.52% | 2,085.14 | |
 | +6.35% | +7.50% | 4,649.75 | |
| Compare | ||||
Fund management
BBBasant BafnaFeb 2024 - PresentView details
BB
Basant Bafna
Feb 2024 - Present
View details
KCKruti ChhetaAug 2022 - PresentView details
KC
Kruti Chheta
Aug 2022 - 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. Basant Bafna is the Current Fund Manager of Mirae Asset Low Duration Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,24,850 Cr and the Latest NAV as of 10 Jul 2026 is ₹2,627.60.
The Mirae Asset Low Duration Fund Direct Growth is rated 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₹2,24,849.87 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,