Home>Mutual Funds>Mirae Asset Mutual Fund>Mirae Asset Savings Fund Direct Plan IDCW Monthly

Mirae Asset Savings Fund Direct Plan IDCW Monthly

Debt
Low Duration
Low to Moderate Risk
4.50%
1Y return
+0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Sep 2021₹1,162.62
Min. SIP amount₹1,000
Rating3star
Fund size₹1,079.07 Cr

Returns and rankings

Category: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.5%6.4%6.5%7.3%
Category average5.6%4.8%5.7%NA
Rank with in category171414NA
Understand termsinfo

Holdings (64)

NameSectorInstrumentAssets
FinancialDebenture5.2%
FinancialCP4.5%
EnergyDebenture3.8%
FinancialCD3.6%
Tamilnadu State
OthersSDL2.5%
EnergyNCD2.4%
Power Finance Corporation Ltd.
FinancialDebenture2.4%
National Highways Authority of India Ltd.
ServicesBonds2.4%
FinancialNCD2.3%
National Bank For Agriculture & Rural Development
FinancialDebenture2.3%
See All

Pros and cons

info
Category: Debt Low Duration
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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
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Cons

1Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 0.28%

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
Check past data

Minimum investment amounts

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