Mirae Asset Savings Fund Growth

Debt
Low Duration
Moderately Low Risk
6.31%
3Y annualised
+0.06% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 31 Oct 2019
₹1,963.07
Rating
2
Min. SIP amount
Not Supported
Fund size
₹529.07Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Holdings (14)

NameSectorInstrumentAssets
AU Small Finance Bank Ltd.
FinancialCD4.71%
Small Industries Devp. Bank of India Ltd.
FinancialCP4.67%
Kotak Mahindra Investments Ltd.
FinancialCP4.67%
Punjab National Bank
FinancialCD4.63%
Small Industries Devp. Bank of India Ltd.
FinancialSecuritised Debt4.59%
FinancialCD4.58%
National Bank For Agriculture & Rural Development
FinancialCD4.57%
HDB Financial Services Ltd.
FinancialBonds/NCD3.85%
FinancialNCD1.91%
FinancialDebenture1.87%
FinancialDebenture0.97%
Aditya Birla Finance Ltd.
FinancialDebenture0.66%
EnergyDebenture0.47%
FinancialDebenture0.47%
See All

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Returns and rankings

Category: Debt Low Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.1%6.3%6.6%6.0%
Category average7.6%7.1%5.9%NA
Rank with in categoryNANANANA
Understand terms

Peer Comparison

Debt, Low Duration fundsRating1Y3YFund Size(Cr)
5
8.0%7.7%26,747.56
5
7.9%7.3%3,211.14
5
7.9%7.3%7,154.68
4
7.6%7.0%3,284.63
5
11.8%5.0%549.95

Expense ratio, exit load and tax

Expense ratio: NA

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.

Understand terms
Check past data

Fund management

Mahendra Kumar Jajoo
Sep 2016 - Present
View details

Education
Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
Experience
Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
30 Nov 2007
E-mail
NA
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,

Compare funds

Mirae Asset Savings Fund Growth
VS
Add mutual fund to compare