How to Invest in Mirae Asset Short Duration Fund Direct Growth?

You can easily invest in Mirae Asset Short Duration Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Mirae Asset Short Duration Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Mirae Asset Short Duration Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mirae Asset Short Duration Fund Direct Growth provide?

The Mirae Asset Short Duration Fund Direct Growth has been there from 16 Mar 2018 and the average annual returns provided by this fund is 7.09% since its inception.

How much expense ratio is charged by Mirae Asset Short Duration Fund Direct Growth?

The term Expense Ratio used for Mirae Asset Short Duration Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Mirae Asset Short Duration Fund Direct Growth is 0.26% as of 16 Jul 2026...

What is the AUM of Mirae Asset Short Duration Fund Direct Growth?

The AUM, short for Assets Under Management of Mirae Asset Short Duration Fund Direct Growth is ₹543.01Cr as of 16 Jul 2026.

How to Redeem Mirae Asset Short Duration Fund Direct Growth?

If you want to sell your Mirae Asset Short Duration Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Mirae Asset Short Duration Fund Direct Growth?

You can select either SIP or Lumpsum investment of Mirae Asset Short Duration Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Mirae Asset Short Duration Fund Direct Growth?

The NAV of Mirae Asset Short Duration Fund Direct Growth is ₹17.71 as of 15 Jul 2026.

What is the PE and PB ratio of Mirae Asset Short Duration Fund Direct Growth?

The PE ratio ratio of Mirae Asset Short Duration Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Mirae Asset Short Duration Fund Direct Growth

Name: Mirae Asset Short Duration Fund Direct Growth
Brand: Mirae Asset Mutual Fund

Debt

Short Duration

Moderate Risk

+7.51%

3Y annualised

+0.05% 1D

All

NAV: 15 Jul '26

₹17.71

Min. for SIP

₹99

Fund size (AUM)

₹543.01 Cr

Expense ratio

0.26%

Rating

Return calculator

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
6 months	₹30,000	₹30,135	+0.45%
1 year	₹60,000	₹60,945	+1.57%
3 years	₹1,80,000	₹1,98,133	+10.07%
5 years	₹3,00,000	₹3,53,966	+17.99%

Holdings (47)

Name	Sector	Instruments	Assets
GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100	Entities	GOI Securities	8.56%
REC LIMITED SR 248A 6.52 BD 31JN28 FVRS1LAC	Financial	Debenture	6.39%
BAJAJ FINANCE LIMITED 8% NCD 12MY31 FVRS1LAC	Financial	Bonds	4.65%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25E 7.53 BD 24MR28 FVRS1LAC	Financial	Bonds	4.63%
TORRENT PHARMACEUTICALS LTD SR 2 7.60 NCD 19JN29 FVRS1LAC	Healthcare	Non Convertible Debenture	4.59%
LARSEN AND TOUBRO LIMITED 6.35 NCD 19JU28 FVRS1LAC	Industrials	Debenture	4.55%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC	Financial	Bonds	4.44%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VIII 7.68 BD 09JL27 FVRS1LAC	Financial	Debenture	4.44%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II 6.74 BD 10JN29 FVRS1LAC	Financial	Debenture	4.37%
Repo	Unspecified	Repo	3.87%
KNOWLEDGE REALTY TRUST 7.5378 NCD 08MY29 FVRS1LAC	Real Estate	Non Convertible Debenture	3.70%
CANARA BANK CD 28JAN27	Financial	Certificate of Deposit	3.54%
MUTHOOT FINANCE LIMITED OP I 8.52 NCD 07AP28 FVRS1LAC	Financial	Debenture	2.77%
TORRENT PHARMACEUTICALS LTD SR 4 7.80 NCD 17JN31 FVRS1LAC	Healthcare	Non Convertible Debenture	2.77%
ICICI BANK LIMITED CD 25MAR27	Financial	Certificate of Deposit	2.63%
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR 659 7.83 NCD 28JU28 FVRS1LAC	Financial	Debenture	2.57%
SHIVSHAKTI SECURITISATION TRUST SS TRUST PTC 15SEPT25	Unspecified	Securitised Debt	2.53%
POWER FINANCE CORPORATION LTD. SR-172 7.74 BD 29JN28 FVRS10LAC	Financial	Non Convertible Debenture	1.86%
GODREJ INDUSTRIES LIMITED SR 1 8.42 NCD 27DC27 FVRS1LAC	Diversified	Debenture	1.86%
LIC HOUSING FINANCE LIMITED TR- 359 7.95 LOA 29JN28 FVRS10LAC	Financial	Debenture	1.85%
Export-Import Bank Of India 7.22 03/08/2027	Financial	Debenture	1.84%
BHARTI TELECOM LIMITED SR XXX 7.85 NCD 20MR29 FVRS1LAC	Technology	Non Convertible Debenture	1.83%
POWER FINANCE CORPORATION LIMITED SR 251A 6.27 BD 15JL27 FVRS1LAC	Financial	Bonds	1.83%
MINDSPACE BUSINESS PARKS REIT SR NCD17 7.1652 NCD 05MR29 FVRS1LAC	Real Estate	Non Convertible Debenture	1.65%
ICICI SECURITIES LIMITED SR 1 7.45 NCD 24NV28 FVRS1LAC	Financial	Debenture	1.65%
KOTAK MAHINDRA PRIME LIMITED 7.05 NCD 10AP28 FVRS1LAC	Financial	Debenture	1.64%
POWER FINANCE CORPORATION LTD. SR BS217A 7.42 BD 08SP32 FVRS10LAC	Financial	Bonds	0.93%
BAJAJ HOUSING FINANCE LIMITED 7.83 NCD 18MY29 FVRS1LAC	Financial	Non Convertible Debenture	0.93%
INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED 7.56 NCD 20MR28 FVRS1LAC	Industrials	Debenture	0.92%
MANAPPURAM FINANCE LIMITED 8.60 NCD 27MR28 FVRS1LAC	Financial	Non Convertible Debenture	0.92%
REC LIMITED SR 227-A 7.77 BD 30SP26 FVRS1LAC	Financial	Debenture	0.92%
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR 665 RR NCD 27FB29 FVRS1LAC	Financial	Debenture	0.92%
NATIONAL HOUSING BANK 7.59 BD 08SP27 FVRS1LAC	Financial	Non Convertible Debenture	0.83%
GOI Sec 7.18 14/08/2033	Entities	GOI Securities	0.76%
POWER FINANCE CORPORATION LIMITED SR 246A 7.42 BD 15AP28 FVRS1LAC	Financial	Bonds	0.74%
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR 651 8.20 NCD 17FB28 FVRS1LAC	Financial	Debenture	0.74%
KOTAK MAHINDRA PRIME LIMITED 7.2990 NCD 22SP28 FVRS1LAC	Financial	Debenture	0.73%
REC LIMITED SR 247 A 6.87 BD 31MY30 FVRS1LAC	Financial	Bonds	0.73%
GOVERNMENT OF INDIA 36574 GOI 06OT35 6.48 FV RS 100	Entities	GOI Securities	0.64%
GOVERNMENT OF INDIA 34208 GOI 08AP34 7.1 FV RS 100	Entities	GOI Securities	0.61%
Others Class A2 AIF	Unspecified	Alternative Investment Fund	0.54%
Karnataka State SDL 7.75 01/03/2027	Unspecified	State Development Loan	0.47%
BAJAJ HOUSING FINANCE LIMITED 8.04 NCD 18JN27 FVRS1LAC	Financial	Debenture	0.46%
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR 653 7.38 NCD 28MY27 FVRS1LAC	Financial	Debenture	0.37%
GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100	Entities	GOI Securities	0.19%
STATE DEVELOPMENT LOAN 20406 UKD 09MY28 8.2 FV RS 100	Unspecified	State Development Loan	0.19%
Net Payables	Unspecified	Net Payables	-0.57%

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	+5.3%	+7.5%	+6.5%	+7.1%
Category average (Debt Short Duration)	+7.4%	+7.1%	+5.9%	--
Rank (Debt Short Duration)	20	12	13	--

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	+6.30%	+7.98%	19,174.68
	Axis Short Duration Fund Direct Growth	+6.02%	+7.85%	8,183.49
	Nippon India Short Duration Fund Direct Growth	+5.76%	+7.80%	7,039.56
	Bandhan Short Duration Fund Direct Growth	+5.97%	+7.75%	8,889.05
	HDFC Short Term Debt Fund Direct Plan Growth	+5.73%	+7.67%	15,008.26
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Fund management

BB
Basant Bafna
Jan 2023 - Present
View details

Education

Mr. Bafna has done B.Com, MBA, CS, CA, FRM and CFA

Experience

Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India

Also manages these schemes

Mirae Asset Low Duration Fund Direct Growth

Mirae Asset Aggressive Hybrid Fund Direct Growth

Mirae Asset Dynamic Bond Fund Direct Growth

Mirae Asset Short Duration Fund Direct Growth

Mirae Asset Equity Savings Fund Direct Growth

Mirae Asset Ultra Short Duration Fund Direct Growth

Mirae Asset Balanced Advantage Fund Direct Growth

Mirae Asset Multi Asset Allocation Fund Direct Growth

Mirae Asset Income Plus Arbitrage Active FoF Direct Growth

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. Basant Bafna is the Current Fund Manager of Mirae Asset Short Duration Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,27,269 Cr and the Latest NAV as of 15 Jul 2026 is ₹17.71. 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

Scheme Information Document(SID)