Mirae Asset Savings Fund Direct Plan Dividend weekly+0.03%

7.01%
1 Year Return
Debt
Low Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Mirae Asset Savings Fund Direct Plan Dividend weekly

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.26%
NAV1454.78 (26 Nov 2020)
Fund Started01 Jan 2013
Fund Size845 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
7.0%
7.0%
7.2%
7.7%
Category Average
6.3%
5.1%
6.1%
-
Rank Within Category
18
14
15
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 7.0% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.26%
    2. Exit load is zero
    3. 1Y Returns are higher than the category average returns
    4. 3Y Returns are higher than the category average returns
    5. 5Y Returns are higher than the category average returns
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills11.8%
    Reserve Bank of IndiaFinancialT-Bills11.2%
    AU Small Finance Bank Ltd.FinancialCD4.1%
    Karnataka StateOthersSDL3.2%
    National Thermal Power Corp. Ltd.EnergyNCD3.1%
    Hindustan Petroleum Corpn. Ltd.EnergyDebenture3.1%
    Export-Import Bank Of IndiaFinancialCD2.9%
    Reliance Industries Ltd.EnergyNCD2.5%
    GOISovereignGOI Sec2.5%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture1.9%
    See All

    Fund Managers

    Mahendra Kumar Jajoo
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    Mirae Asset Savings Fund Direct Plan Dividend weekly Details

    Mirae Asset Savings Fund Direct Plan Dividend weekly 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 Dividend weekly fund.The fund currently has an Asset Under Management(AUM) of ₹845 Cr and the Latest NAV as of 26 Nov 2020 is ₹1454.78.

    The Mirae Asset Savings Fund Direct Plan Dividend weekly is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.

    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.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About Mirae Asset Mutual Fund

    Address
    Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
    Phone
    022-67800300
    Launch Date
    30 Nov 2007
    Mirae Asset Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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