How to Invest in Mirae Asset Low Duration Fund Direct Growth?

You can easily invest in Mirae Asset Low Duration Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Mirae Asset Low Duration Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Mirae Asset Low Duration Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mirae Asset Low Duration Fund Direct Growth provide?

The Mirae Asset Low Duration Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 7.84% since its inception.

How much expense ratio is charged by Mirae Asset Low Duration Fund Direct Growth?

The term Expense Ratio used for Mirae Asset Low Duration Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Mirae Asset Low Duration Fund Direct Growth is 0.17% as of 13 Dec 2025...

What is the AUM of Mirae Asset Low Duration Fund Direct Growth?

The AUM, short for Assets Under Management of Mirae Asset Low Duration Fund Direct Growth is ₹2,842.13Cr as of 13 Dec 2025.

How to Redeem Mirae Asset Low Duration Fund Direct Growth?

If you want to sell your Mirae Asset Low Duration Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

What is the NAV of Mirae Asset Low Duration Fund Direct Growth?

The NAV of Mirae Asset Low Duration Fund Direct Growth is ₹2,534.01 as of 12 Dec 2025.

What is the PE and PB ratio of Mirae Asset Low Duration Fund Direct Growth?

The PE ratio ratio of Mirae Asset Low Duration Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Name	Sector	Instrument	Assets
Bajaj Housing Finance Ltd.	Financial	NCD	4.59%
Reserve Bank of India	Financial	T-Bills	3.46%
National Bank For Agriculture & Rural Development	Financial	Debenture	2.65%
HDFC Bank Ltd.	Financial	CD	2.61%
Bank Of Baroda	Financial	CD	2.57%
Indian Bank	Financial	CD	2.56%
National Bank For Agriculture & Rural Development	Financial	Bonds	1.81%
Indian Railway Finance Corporation Ltd.	Financial	Debenture	1.78%
Power Finance Corporation Ltd.	Financial	NCD	1.77%
REC Ltd.	Financial	Debenture	1.77%
Indian Railway Finance Corporation Ltd.	Financial	Bonds	1.75%
HDB Financial Services Ltd.	Financial	Debenture	1.75%
Axis Bank Ltd.	Financial	CD	1.74%
HDFC Bank Ltd.	Financial	CD	1.74%
Bank Of Baroda	Financial	CD	1.74%
ICICI Securities Ltd.	Financial	Debenture	1.73%
Angel One Ltd.	Financial	CP	1.72%
Small Industries Devp. Bank of India Ltd.	Financial	CD	1.71%
Canara Bank	Financial	CD	1.71%
Bank Of Baroda	Financial	CD	1.66%
Axis Bank Ltd.	Financial	CD	1.65%
Ultratech Cement Ltd.	Construction	Bonds	1.59%
Bharti Telecom Ltd.	Communication	Debenture	1.58%
National Housing Bank	Financial	Debenture	1.25%
LIC Housing Finance Ltd.	Financial	Debenture	1.25%
GOI	Sovereign	CGL	1.23%
Small Industries Devp. Bank of India Ltd.	Financial	NCD	1.06%
Piramal Finance Pvt. Ltd.	Financial	Bonds/NCD	1.06%
Power Finance Corporation Ltd.	Financial	Debenture	1.01%
HDB Financial Services Ltd.	Financial	Debenture	0.92%
Gujarat State	Construction	SDL	0.90%
LIC Housing Finance Ltd.	Financial	Bonds	0.89%
Motilal Oswal Finevest Ltd.	Financial	Bonds	0.89%
National Bank For Agriculture & Rural Development	Financial	Debenture	0.89%
Power Finance Corporation Ltd.	Financial	Debenture	0.88%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	0.88%
GOI	Sovereign	GOI Sec	0.88%
LIC Housing Finance Ltd.	Financial	Debenture	0.88%
Bajaj Housing Finance Ltd.	Financial	Bonds/NCD	0.88%
National Housing Bank	Financial	NCD	0.88%
Embassy Office Parks REIT	Construction	NCD	0.88%
Bharti Telecom Ltd.	Communication	Debenture	0.88%
Bharti Telecom Ltd.	Communication	Debenture	0.88%
Bharti Telecom Ltd.	Communication	Debenture	0.88%
Jio Credit Ltd.	Financial	Debenture	0.88%
360 ONE Wealth Ltd.	Financial	NCD	0.88%
Birla Group Holdings Pvt. Ltd.	Financial	CP	0.87%
REC Ltd.	Financial	Debenture	0.87%
Reserve Bank of India	Financial	T-Bills	0.87%
Axis Bank Ltd.	Financial	CD	0.87%
Small Industries Devp. Bank of India Ltd.	Financial	CD	0.86%
Axis Bank Ltd.	Financial	CD	0.86%
IDBI Bank Ltd.	Financial	CD	0.85%
Embassy Office Parks REIT	Construction	CP	0.85%
Axis Bank Ltd.	Financial	CD	0.85%
Small Industries Devp. Bank of India Ltd.	Financial	CD	0.83%
Small Industries Devp. Bank of India Ltd.	Financial	CD	0.83%
Bajaj Housing Finance Ltd.	Financial	Bonds	0.71%
REC Ltd.	Financial	Debenture	0.71%
Indostar Capital Finance Ltd.	Financial	Debenture	0.71%
Small Industries Devp. Bank of India Ltd.	Financial	Debenture	0.71%
Axis Bank Ltd.	Financial	CD	0.68%
Birla Group Holdings Pvt. Ltd.	Financial	CP	0.68%
Mindspace Business Parks REIT	Construction	Debenture	0.64%
Kerala State	Others	SDL	0.55%
Power Finance Corporation Ltd.	Financial	NCD	0.54%
Power Finance Corporation Ltd.	Financial	Debenture	0.54%
Godrej Industries Ltd.	Consumer Staples	Debenture	0.54%
Power Finance Corporation Ltd.	Financial	Debenture	0.53%
Reserve Bank of India	Financial	T-Bills	0.53%
Power Finance Corporation Ltd.	Financial	Bonds	0.53%
Axis Bank Ltd.	Financial	CD	0.51%
Indian Railway Finance Corporation Ltd.	Financial	NCD	0.50%
Small Industries Devp. Bank of India Ltd.	Financial	CD	0.50%
Export-Import Bank Of India	Financial	Bonds	0.47%
Export-Import Bank Of India	Financial	Debenture	0.46%
India Infrastructure Finance Company Ltd.	Construction	Debenture	0.36%
Shivshakti Securitisation Trust	Others	Sec. Debt	0.36%
Indostar Capital Finance Ltd.	Financial	Debenture	0.35%
Indostar Capital Finance Ltd.	Financial	Debenture	0.35%
Small Industries Devp. Bank of India Ltd.	Financial	CD	0.35%
Power Finance Corporation Ltd.	Financial	Debenture	0.25%
National Bank For Agriculture & Rural Development	Financial	FRB	0.23%
GOI	Sovereign	GOI Sec	0.18%
Power Finance Corporation Ltd.	Financial	NCD	0.18%
National Housing Bank	Financial	NCD	0.18%
Mahindra & Mahindra Financial Services Ltd.	Financial	Bonds	0.18%
L&T Finance Ltd Rights	Financial	Debenture	0.18%
Reserve Bank of India	Financial	T-Bills	0.17%
Karnataka State	Others	SDL	0.09%
HDFC Bank Ltd.	Financial	NCD	0.04%

Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

	3Y	5Y	10Y	All
Fund returns	7.7%	6.2%	6.7%	5.7%
Category average	7.1%	5.9%	6.5%	NA
Rank with in category	9	13	15	NA

Debt, Low Duration funds	Rating	1Y	3Y	Fund Size(Cr)
Mahindra Manulife Low Duration Fund Direct Growth	4	7.8%	7.8%	613.76
Mirae Asset Low Duration Fund Direct Growth	4	7.8%	7.7%	2,842.13
Sundaram Low Duration Fund Direct Growth	5	7.7%	7.7%	382.90
LIC MF Low Duration Fund Direct Growth	5	7.6%	7.5%	1,986.91
Tata Treasury Advantage Direct Plan Growth	4	7.5%	7.5%	3,655.75

Rank (total assets)	#13 in India
Total AUM	₹2,31,683.80Cr

Mirae Asset Low Duration Fund Direct Growth

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Expense ratio: 0.17%

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Kruti ChhetaAug 2022 - PresentView details

Basant BafnaFeb 2024 - PresentView details

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Kruti Chheta
Aug 2022 - Present
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Basant Bafna
Feb 2024 - Present
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