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

Mirae Asset Savings Fund Direct Plan IDCW Weekly

Debt
Low Duration
Low to Moderate Risk
5.70%
3Y annualised
-0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 19 Jan 2022₹1,454.38
Min. SIP amount₹1,000
Rating3
Fund size₹880.58Cr

Returns and rankings

Category: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.9%5.7%6.2%7.1%
Category average5.6%4.8%5.7%NA
Rank with in category171414NA
Understand terms

Holdings (44)

NameSectorInstrumentAssets
GOI
SovereignCGL5.8%
FinancialCP5.6%
EnergyDebenture4.6%
GOI
SovereignGOI Sec4.1%
GOI
SovereignGOI Sec3.4%
GOI
SovereignGOI Sec3.1%
Tamilnadu State
OthersSDL3.0%
FinancialDebenture2.9%
ServicesBonds2.9%
GOI
SovereignCGL2.9%
See All

Pros and cons

Category: Debt Low Duration

Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 2.57 The fund has generated returns higher than benchmark - CRISIL Low Duration Debt - in the last 3Y
Exit load is zero
Lower expense ratio: 0.28%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

1Y annualised returns lower than category average by 1.97%

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 terms
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

Fund house & investment objective

Fund house contact details

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