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Mirae Asset Low Duration Fund Direct Growth
+7.45%
3Y annualised
+0.01% 1D
NAV: 11 May '26
₹2,591.35
Min. for SIP
₹99
Fund size (AUM)
₹2,313.74 Cr
Expense ratio
0.19%
Rating
4
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹61,638 | +2.73% | |
| 3 years | ₹1,80,000 | ₹1,99,769 | +10.98% | |
| 5 years | ₹3,00,000 | ₹3,56,693 | +18.90% | |
| 10 years | ₹6,00,000 | ₹8,36,298 | +39.38% |
Holdings (81)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Power Finance Corporation Ltd. | Financial | Bonds | 4.32% |
| Knowledge Realty Trust | Construction | NCD | 3.35% |
| Reserve Bank of India | Financial | T-Bills | 3.24% |
| Reserve Bank of India | Financial | T-Bills | 3.22% |
| LIC Housing Finance Ltd. | Financial | CP | 3.05% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Debenture | 2.60% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 2.38% |
| Bharti Telecom Ltd. | Communication | Debenture | 2.17% |
| Bajaj Housing Finance Ltd. | Financial | Debenture | 2.17% |
| Tamilnadu State | Others | SDL | 2.17% |
| Mindspace Business Parks REIT | Construction | Debenture | 2.12% |
| ICICI Securities Ltd. | Financial | Debenture | 2.08% |
| Tata Capital Housing Finance Ltd. | Financial | CP | 2.05% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 2.05% |
| HDFC Bank Ltd. | Financial | CD | 2.04% |
| National Bank For Agriculture & Rural Development | Financial | CD | 2.04% |
| ICICI Bank Ltd. | Financial | CD | 2.01% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 2.00% |
| National Bank For Agriculture & Rural Development | Financial | CD | 1.63% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 1.63% |
| Gujarat State | Construction | SDL | 1.09% |
| Power Finance Corporation Ltd. | Financial | Bonds | 1.09% |
| Motilal Oswal Finevest Ltd. | Financial | Bonds | 1.08% |
| LIC Housing Finance Ltd. | Financial | Bonds | 1.08% |
| Indian Railway Finance Corporation Ltd. | Financial | Debenture | 1.08% |
| Ultratech Cement Ltd. | Construction | Bonds | 1.08% |
| Power Finance Corporation Ltd. | Financial | NCD | 1.08% |
| Manappuram Finance Ltd. | Financial | Debenture | 1.08% |
| Embassy Office Parks REIT | Construction | NCD | 1.08% |
| Reserve Bank of India | Financial | T-Bills | 1.08% |
| 360 ONE Wealth Ltd. | Financial | NCD | 1.08% |
| Shriram Pistons & Rings Ltd | Automobile | Debenture | 1.07% |
| Bharti Telecom Ltd. | Communication | Debenture | 1.07% |
| Embassy Office Parks REIT | Construction | CP | 1.07% |
| Kotak Mahindra Investments Ltd. | Financial | Debenture | 1.07% |
| Shriram Pistons & Rings Ltd | Automobile | Debenture | 1.07% |
| Union Bank of India | Financial | CD | 1.05% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 1.05% |
| Torrent Pharmaceuticals Ltd. | Healthcare | Debenture | 1.03% |
| Tata Capital Housing Finance Ltd. | Financial | NCD | 1.03% |
| Union Bank of India | Financial | CD | 1.03% |
| Export-Import Bank Of India | Financial | CD | 1.03% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 1.03% |
| Bank Of Baroda | Financial | CD | 1.02% |
| Bank Of Baroda | Financial | CD | 1.02% |
| Export-Import Bank Of India | Financial | CD | 1.02% |
| Motilal Oswal Financial Services Ltd. | Financial | CP | 1.02% |
| HDFC Bank Ltd. | Financial | CD | 1.02% |
| National Bank For Agriculture & Rural Development | Financial | CD | 1.02% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 1.00% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Debenture | 0.90% |
| REC Ltd. | Financial | Debenture | 0.87% |
| Kotak Mahindra Prime Ltd. | Financial | Debenture | 0.86% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.86% |
| Indostar Capital Finance Ltd. | Financial | Debenture | 0.86% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.86% |
| Power Finance Corporation Ltd. | Financial | NCD | 0.78% |
| Kerala State | Others | SDL | 0.67% |
| Power Finance Corporation Ltd. | Financial | Debenture | 0.65% |
| Godrej Industries Ltd. | Consumer Staples | Debenture | 0.65% |
| National Housing Bank | Financial | Debenture | 0.65% |
| Power Finance Corporation Ltd. | Financial | Bonds | 0.64% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.63% |
| Export-Import Bank Of India | Financial | Debenture | 0.56% |
| Export-Import Bank Of India | Financial | Bonds | 0.56% |
| Kotak Mahindra Prime Ltd. | Financial | NCD | 0.43% |
| Indostar Capital Finance Ltd. | Financial | Debenture | 0.43% |
| Indostar Capital Finance Ltd. | Financial | Debenture | 0.43% |
| India Infrastructure Finance Company Ltd. | Construction | Debenture | 0.43% |
| Shivshakti Securitisation Trust | Others | Sec. Debt | 0.42% |
| HDFC Bank Ltd. | Financial | CD | 0.42% |
| Indostar Capital Finance Ltd. | Financial | Money Mkt | 0.42% |
| GOI | Sovereign | GOI Sec | 0.22% |
| National Housing Bank | Financial | NCD | 0.22% |
| HDFC Bank Ltd. | Financial | Debenture | 0.22% |
| Small Industries Devp. Bank of India Ltd. | Financial | NCD | 0.22% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | Bonds | 0.22% |
| National Bank For Agriculture & Rural Development | Financial | Bonds | 0.22% |
| Power Finance Corporation Ltd. | Financial | NCD | 0.21% |
| Karnataka State | Others | SDL | 0.11% |
| HDFC Bank Ltd. | Financial | NCD | 0.04% |
See All
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹99
Returns and rankings
Annualised returns
Absolute returns
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +7.5% | +6.4% | +6.6% | +5.7% |
| Category average (Debt Low Duration) | +7.1% | +5.9% | +6.5% | -- |
| Rank (Debt Low Duration) | 9 | 12 | 14 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
ICICI Prudential Savings Fund Direct Plan Growth | +6.64% | +7.60% | 27,700.34 | |
Axis Treasury Advantage Fund Direct Growth | +6.62% | +7.47% | 5,455.40 | |
Mirae Asset Low Duration Fund Direct Growth | +6.54% | +7.45% | 2,313.74 | |
LIC MF Low Duration Fund Direct Growth | +6.45% | +7.34% | 1,692.22 | |
Tata Treasury Advantage Direct Plan Growth | +6.31% | +7.26% | 2,859.33 | |
| Compare | ||||
Fund management
BBBasant BafnaFeb 2024 - PresentView details
BB
Basant Bafna
Feb 2024 - Present
View details
KCKruti ChhetaAug 2022 - PresentView details
KC
Kruti Chheta
Aug 2022 - Present
View details
About Mirae Asset Low Duration Fund Direct Growth
Mirae Asset Low Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Basant Bafna is the Current Fund Manager of Mirae Asset Low Duration Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,00,688 Cr and the Latest NAV as of 11 May 2026 is ₹2,591.35.
The Mirae Asset Low Duration Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000.
;
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.
Fund benchmarkNIFTY Low Duration Debt Index A-I
Fund house
Rank (total assets)#13 in India
Total AUM₹2,00,687.68 Cr
Date of Incorporation30 Nov 2007
Launch Date30 Nov 2007
AddressUnit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,