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Mirae Asset Short Duration Fund Direct Growth
Debt
Short Duration
Moderate Risk
+7.84%
3Y annualised
-0.03% 1D
NAV: 14 Jan '26
₹17.21
Min. SIP amount
₹99
Fund size
₹588.90 Cr
Expense ratio
0.22%
Return calculator
Monthly SIP
One time
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹61,661 | +2.77% | |
| 3 years | ₹1,80,000 | ₹2,01,324 | +11.85% | |
| 5 years | ₹3,00,000 | ₹3,58,230 | +19.41% |
Holdings (44)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 13.23% |
| National Bank For Agriculture & Rural Development | Financial | Bonds | 8.50% |
| National Housing Bank | Financial | Debenture | 6.35% |
| NHPC Ltd. | Energy | Bonds | 4.30% |
| ICICI Securities Ltd. | Financial | Debenture | 4.23% |
| Jio Credit Ltd. | Financial | Debenture | 4.23% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 4.13% |
| Bharti Telecom Ltd. | Communication | Debenture | 4.06% |
| Bajaj Housing Finance Ltd. | Financial | Debenture | 4.05% |
| Power Finance Corporation Ltd. | Financial | Debenture | 2.58% |
| Muthoot Finance Ltd. | Financial | Debenture | 2.58% |
| LIC Housing Finance Ltd. | Financial | Debenture | 2.57% |
| Piramal Finance Pvt. Ltd. | Financial | Bonds/NCD | 2.55% |
| Shivshakti Securitisation Trust | Others | Sec. Debt | 2.39% |
| Bharti Telecom Ltd. | Communication | Debenture | 2.37% |
| Mindspace Business Parks REIT | Construction | Debenture | 2.21% |
| Bajaj Housing Finance Ltd. | Financial | Bonds/NCD | 1.73% |
| Godrej Industries Ltd. | Consumer Staples | Debenture | 1.72% |
| Power Grid Corporation Of India Ltd. | Energy | Debenture | 1.71% |
| Export-Import Bank Of India | Financial | Debenture | 1.71% |
| REC Ltd. | Financial | Debenture | 1.71% |
| Power Finance Corporation Ltd. | Financial | Bonds | 1.69% |
| Mindspace Business Parks REIT | Construction | Debenture | 1.57% |
| Export-Import Bank Of India | Financial | Bonds | 1.38% |
| REC Ltd. | Financial | Debenture | 1.20% |
| Mindspace Business Parks REIT | Construction | Debenture | 1.19% |
| India Infrastructure Finance Company Ltd. | Construction | Debenture | 0.86% |
| Power Finance Corporation Ltd. | Financial | Bonds | 0.86% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds | 0.86% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 0.85% |
| National Housing Bank | Financial | NCD | 0.77% |
| GOI | Sovereign | GOI Sec | 0.70% |
| Power Finance Corporation Ltd. | Financial | Debenture | 0.69% |
| Power Finance Corporation Ltd. | Financial | Bonds | 0.69% |
| HDFC Bank Ltd. | Financial | NCD | 0.68% |
| Kotak Mahindra Prime Ltd. | Financial | Debenture | 0.68% |
| REC Ltd. | Financial | Bonds | 0.68% |
| GOI | Sovereign | GOI Sec | 0.57% |
| HDB Financial Services Ltd. | Financial | Debenture | 0.51% |
| GOI | Sovereign | GOI Sec | 0.47% |
| Karnataka State | Others | SDL | 0.43% |
| Bajaj Housing Finance Ltd. | Financial | Debenture | 0.43% |
| GOI | Sovereign | GOI Sec | 0.39% |
| Uttarakhand State | Others | SDL | 0.18% |
See All
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹99
Returns and rankings
Annualised returns
Absolute returns
| Name | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | +8.1% | +7.8% | +6.4% | +7.2% |
| Category average (Debt Short Duration) | +7.4% | +7.1% | +5.9% | -- |
| Rank (Debt Short Duration) | 5 | 8 | 10 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
ICICI Prudential Short Term Fund Direct Plan Growth | +8.42% | +8.25% | 20,935.22 | |
Aditya Birla Sun Life Short Term Direct Fund Direct Growth | +8.21% | +8.06% | 10,574.78 | |
Axis Short Duration Fund Direct Growth | +8.48% | +8.05% | 12,707.93 | |
Nippon India Short Duration Fund Direct Growth | +8.26% | +8.04% | 9,723.46 | |
HDFC Short Term Debt Fund Direct Plan Growth | +7.99% | +7.94% | 18,078.88 | |
| Compare | ||||
Fund management
AMAmit ModaniJul 2021 - PresentView details
AM
Amit Modani
Jul 2021 - Present
View details
BBBasant BafnaJan 2023 - PresentView details
BB
Basant Bafna
Jan 2023 - Present
View details
About Mirae Asset Short Duration Fund Direct Growth
Mirae Asset Short Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Amit Modani is the Current Fund Manager of Mirae Asset Short Duration Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,28,206 Cr and the Latest NAV as of 14 Jan 2026 is ₹17.21.
The Mirae Asset Short Duration Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000.
;
Investment Objective
The scheme seeks to generate returns through an actively managed diversified portfolio of debt and money market instruments with Macaulay duration of the portfolio between 1 year to 3 years.
Fund benchmarkCRISIL Short Duration Debt A-II Index
Fund house
Rank (total assets)#13 in India
Total AUM₹2,28,206.30 Cr
Date of Incorporation30 Nov 2007
Launch Date30 Nov 2007
AddressUnit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,