Mirae Asset Low Duration Fund Direct IDCW Quarterly

Debt
Low Duration
Moderate Risk
Payout
5.75%
3Y annualised
+0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 24 May 2024₹1,011.29
Min. SIP amount₹1,000
Rating3
Fund size₹594.96Cr

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 returns7.4%5.8%5.8%5.4%
Category average6.9%5.5%5.5%NA
Rank with in category111315NA
Understand terms

Holdings (56)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills4.10%
Punjab National Bank
FinancialCD3.98%
FinancialNCD3.35%
360 ONE Wealth Ltd.
FinancialCP3.33%
ICICI Bank Ltd.
FinancialCD3.22%
Indian Bank
FinancialCD3.15%
ConstructionDebenture3.00%
EnergyNCD2.53%
FinancialNCD2.52%
Small Industries Devp. Bank of India Ltd.
FinancialNCD2.52%
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₹1,000

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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