Home>Mutual Funds>Mirae Asset Mutual Fund>Mirae Asset Savings Fund Direct Plan Growth

Mirae Asset Savings Fund Direct Plan Growth

Debt
Low Duration
Low to Moderate Risk
4.53%
1Y return
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Jul 2021₹1,918.15
Min. SIP Amount₹1,000
Rating3star
Fund Size₹1,112.53 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.5%6.4%6.6%7.3%
Category average5.6%4.8%5.7%NA
Rank with in category151415NA
Understand termsinfo

Holdings (63)

NameSectorInstrumentAssets
ICICI Securities Ltd.FinancialCP4.4%
Axis Bank Ltd.FinancialCD4.4%
Axis Finance Ltd.
FinancialCP4.0%
Hindustan Petroleum Corporation Ltd.EnergyDebenture3.7%
GOI
SovereignGOI Sec3.7%
Larsen & Toubro Ltd.ConstructionCP3.6%
Reserve Bank of India
FinancialT-Bills3.5%
Karnataka State
OthersSDL2.4%
NTPC Ltd.EnergyNCD2.3%
Housing Development Finance Corpn. Ltd.FinancialDebenture2.2%
See All

Pros and cons

Category: Debt Low Duration

Pros

  • Lower expense ratio - 0.27%
  • 3Y Returns are higher than the category average returns
  • 5Y Returns are higher than the category average returns
  • Exit load is zero

Cons

  • 1Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 0.27%

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, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand termsinfo

Minimum investment amounts

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

Fund management

Mahendra Kumar Jajoo
Sep 2016 - Present
View Details
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Fund house & investment objective

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Fund house contact details

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