1M
6M
1Y
3Y
5Y
All
| NAV: 14 Jan 2025 | ₹2,363.14 |
| Min. SIP amount | ₹99 |
| Rating | 3 |
| 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
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 7.9% | 6.6% | 6.2% | 5.5% |
| Category average | 7.2% | 6.1% | 6.1% | NA |
| Rank with in category | 4 | 10 | 15 | NA |
Understand terms
Peer Comparison
| Debt, Low Duration funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Aditya Birla Sun Life Low Duration Fund Direct Growth | 5 | 7.8% | 6.9% | 10,408.25 |
Sundaram Low Duration Fund Direct Growth | 5 | 7.8% | 6.7% | 381.67 |
Axis Treasury Advantage Direct Fund Growth | 4 | 7.8% | 6.7% | 6,048.87 |
SBI Magnum Low Duration Fund Direct Plan Growth | 5 | 7.7% | 6.6% | 11,996.71 |
UTI Low Duration Fund Direct Growth | 4 | 7.6% | 6.5% | 2,706.92 |
Holdings (66)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Indian Railway Finance Corporation Ltd. | Financial | Debenture | 7.13% |
Reserve Bank of India | Financial | T-Bills | 5.62% |
LIC Housing Finance Ltd. | Financial | Debenture | 5.13% |
GOI | Sovereign | GOI FRB | 4.08% |
HDFC Bank Ltd. | Financial | Debenture | 3.81% |
Axis Bank Ltd. | Financial | CD | 3.78% |
Export-Import Bank Of India | Financial | CD | 3.70% |
Power Finance Corporation Ltd. | Financial | NCD | 3.55% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 3.18% |
REC Ltd. | Financial | Debenture | 2.78% |
National Bank For Agriculture & Rural Development | Financial | FRB | 2.78% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.37% |
Power Finance Corporation Ltd. | Financial | NCD | 1.99% |
Power Finance Corporation Ltd. | Financial | Debenture | 1.99% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 1.99% |
REC Ltd. | Financial | Debenture | 1.98% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 1.98% |
Power Finance Corporation Ltd. | Financial | Debenture | 1.97% |
Punjab National Bank | Financial | CD | 1.96% |
Reserve Bank of India | Financial | T-Bills | 1.96% |
Punjab National Bank | Financial | CD | 1.96% |
Kotak Mahindra Bank Ltd. | Financial | CD | 1.94% |
Canara Bank | Financial | CD | 1.94% |
Axis Bank Ltd. | Financial | CD | 1.93% |
Muthoot Finance Ltd. | Financial | CP | 1.92% |
Bharti Telecom Ltd. | Communication | CP | 1.87% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 1.84% |
Bajaj Finance Ltd. | Financial | Bonds/NCD | 1.83% |
Motilal Oswal Financial Services Ltd. | Financial | CP | 1.61% |
REC Ltd. | Financial | Debenture | 1.59% |
Embassy Office Parks REIT | Construction | Debenture | 1.59% |
HDFC Bank Ltd. | Financial | Debenture | 1.59% |
REC Ltd. | Financial | Debenture | 1.56% |
Hero FinCorp Ltd. | Financial | Debenture | 1.51% |
Mindspace Business Parks REIT | Construction | Debenture | 1.43% |
Muthoot Finance Ltd. | Financial | NCD | 1.36% |
LIC Housing Finance Ltd. | Financial | Debenture | 1.36% |
LIC Housing Finance Ltd. | Financial | Debenture | 1.18% |
LIC Housing Finance Ltd. | Financial | Debenture | 1.12% |
Bajaj Finance Ltd. | Financial | Debenture | 0.95% |
REC Ltd. | Financial | Bonds | 0.80% |
Gujarat State | Construction | SDL | 0.80% |
Motilal Oswal Finevest Ltd. | Financial | NCD | 0.80% |
ONGC Petro Additions Ltd. | Energy | NCD | 0.80% |
National Bank For Agriculture & Rural Development | Financial | Bonds | 0.80% |
HDFC Bank Ltd. | Financial | NCD | 0.79% |
HDB Financial Services Ltd. | Financial | Debenture | 0.79% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 0.79% |
Shriram Finance Ltd | Financial | CP | 0.79% |
Export-Import Bank Of India | Financial | Debenture | 0.79% |
Cholamandalam Investment and Finance Company Ltd. | Financial | CP | 0.79% |
HDB Financial Services Ltd. | Financial | NCD | 0.47% |
Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.47% |
GOI | Sovereign | GOI Sec | 0.41% |
REC Ltd. | Financial | Debenture | 0.40% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.40% |
Power Finance Corporation Ltd. | Financial | Debenture | 0.40% |
Muthoot Finance Ltd. | Financial | Debenture | 0.40% |
Motilal Oswal Financial Services Ltd. | Financial | CP | 0.39% |
Kotak Mahindra Bank Ltd. | Financial | CD | 0.39% |
Axis Bank Ltd. | Financial | CD | 0.39% |
National Bank For Agriculture & Rural Development | Financial | NCD | 0.24% |
Kotak Mahindra Prime Ltd. | Financial | Bonds | 0.24% |
Karnataka State | Others | SDL | 0.20% |
GOI | Sovereign | GOI Sec | 0.08% |
HDFC Bank Ltd. | Financial | NCD | 0.08% |
See All
Expense ratio, exit load and tax
Expense ratio: 0.23%
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 ChhetaAug 2022 - PresentView details
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 BafnaFeb 2024 - PresentView details
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
NAWebsite
www.miraeassetmf.co.in
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,
Email
[email protected]Website
www.karvymfs.comCompare funds
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