Fund Details
Mirae Asset Savings Fund Direct Plan Dividend Daily
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.26% |
| NAV | ₹1208.93 (26 Nov 2020) |
|---|---|
| Fund Started | 08 Oct 2013 |
| Fund Size | ₹845 Cr |
Returns
as per Historical Returns
Comparison
1. Lower expense ratio - 0.26%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 11.8% |
| Reserve Bank of India | Financial | T-Bills | 11.2% |
| AU Small Finance Bank Ltd. | Financial | CD | 4.1% |
| Karnataka State | Others | SDL | 3.2% |
| National Thermal Power Corp. Ltd. | Energy | NCD | 3.1% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 3.1% |
| Export-Import Bank Of India | Financial | CD | 2.9% |
| Reliance Industries Ltd. | Energy | NCD | 2.5% |
| GOI | Sovereign | GOI Sec | 2.5% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 1.9% |
Fund Managers
Mirae Asset Savings Fund Direct Plan Dividend Daily Details
Mirae Asset Savings Fund Direct Plan Dividend Daily is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 08 Oct 2013. Mahendra Jajoo is the Current Fund Manager of Mirae Asset Savings Fund Direct Plan Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹845 Cr and the Latest NAV as of 26 Nov 2020 is ₹1208.93.
The Mirae Asset Savings Fund Direct Plan Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
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.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
