|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹1162.13 (12 May 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,046 Cr|
|Bank Of Baroda||Financial||CD||4.7%|
|Reserve Bank of India||Financial||T-Bills||4.3%|
|Hindustan Petroleum Corpn. Ltd.||Energy||Debenture||3.9%|
|Larsen & Toubro Ltd.||Construction||CP||3.7%|
|National Thermal Power Corp. Ltd.||Energy||NCD||2.5%|
|Bharat Petroleum Corpn. Ltd.||Energy||CP||2.4%|
|Berger Paints India Ltd.||Chemicals||CP||2.4%|
|Hindustan Petroleum Corpn. Ltd.||Energy||CP||2.4%|
|National Bank For Agriculture & Rural Development||Financial||CP||2.4%|
Mirae Asset Savings Fund Direct Plan IDCW Monthly is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Mahendra Jajoo is the Current Fund Manager of Mirae Asset Savings Fund Direct Plan IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹1,046 Cr and the Latest NAV as of 12 May 2021 is ₹1162.13.
The Mirae Asset Savings Fund Direct Plan IDCW Monthly is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.