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Mirae Asset Short Duration Fund Direct Growth
+7.19%
3Y annualised
-0.12% 1D
NAV: 15 May '26
₹17.36
Min. for SIP
₹99
Fund size (AUM)
₹574.79 Cr
Expense ratio
0.27%
Rating
3
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | 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 |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 11.04% |
| ICICI Securities Ltd. | Financial | Debenture | 4.27% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 4.18% |
| REC Ltd. | Financial | Bonds | 4.14% |
| HDFC Bank Ltd. | Financial | CD | 4.13% |
| Punjab National Bank | Financial | CD | 4.12% |
| Export-Import Bank Of India | Financial | CD | 4.10% |
| National Bank For Agriculture & Rural Development | Financial | CD | 4.10% |
| Power Finance Corporation Ltd. | Financial | Bonds/Deb | 3.49% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 3.48% |
| Knowledge Realty Trust | Construction | NCD | 3.46% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Debenture | 2.94% |
| Muthoot Finance Ltd. | Financial | Debenture | 2.62% |
| Shivshakti Securitisation Trust | Others | Sec. Debt | 2.39% |
| Mindspace Business Parks REIT | Construction | Debenture | 2.20% |
| Godrej Industries Ltd. | Consumer Staples | Debenture | 1.75% |
| Power Finance Corporation Ltd. | Financial | NCD | 1.75% |
| National Housing Bank | Financial | Debenture | 1.74% |
| National Bank For Agriculture & Rural Development | Financial | FRB | 1.74% |
| Export-Import Bank Of India | Financial | Debenture | 1.74% |
| National Bank For Agriculture & Rural Development | Financial | Bonds | 1.74% |
| Bharti Telecom Ltd. | Communication | NCD | 1.73% |
| Kotak Mahindra Investments Ltd. | Financial | Debenture | 1.72% |
| Power Finance Corporation Ltd. | Financial | Bonds | 1.72% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 1.64% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Debenture | 1.57% |
| Mindspace Business Parks REIT | Construction | NCD | 1.54% |
| Export-Import Bank Of India | Financial | Bonds | 1.39% |
| REC Ltd. | Financial | Debenture | 0.87% |
| Kotak Mahindra Prime Ltd. | Financial | Debenture | 0.87% |
| India Infrastructure Finance Company Ltd. | Construction | Debenture | 0.87% |
| Power Finance Corporation Ltd. | Financial | Bonds | 0.86% |
| National Housing Bank | Financial | NCD | 0.79% |
| GOI | Sovereign | GOI Sec | 0.70% |
| Power Finance Corporation Ltd. | Financial | Debenture | 0.70% |
| HDFC Bank Ltd. | Financial | NCD | 0.70% |
| Power Finance Corporation Ltd. | Financial | Bonds | 0.70% |
| Kotak Mahindra Prime Ltd. | Financial | Debenture | 0.69% |
| Torrent Pharmaceuticals Ltd. | Healthcare | NCD | 0.69% |
| REC Ltd. | Financial | Bonds | 0.68% |
| GOI | Sovereign | GOI Sec | 0.60% |
| GOI | Sovereign | GOI Sec | 0.57% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Debenture | 0.52% |
| Karnataka State | Others | SDL | 0.44% |
| Bajaj Housing Finance Ltd. | Financial | Debenture | 0.44% |
| GOI | Sovereign | GOI Sec | 0.18% |
| 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 | +4.5% | +7.2% | +6.2% | +7.0% |
| Category average (Debt Short Duration) | +7.4% | +7.1% | +5.9% | -- |
| Rank (Debt Short Duration) | 24 | 15 | 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 | +5.66% | +7.74% | 21,449.58 | |
Axis Short Duration Fund Direct Growth | +5.42% | +7.55% | 8,955.23 | |
Nippon India Short Duration Fund Direct Growth | +5.10% | +7.52% | 7,295.13 | |
HDFC Short Term Debt Fund Direct Plan Growth | +5.05% | +7.41% | 15,462.92 | |
Bandhan Short Duration Fund Direct Growth | +5.15% | +7.38% | 8,376.11 | |
| Compare | ||||
Fund management
BBBasant BafnaJan 2023 - PresentView details
BB
Basant Bafna
Jan 2023 - Present
View details
AMAmit ModaniJul 2021 - PresentView details
AM
Amit Modani
Jul 2021 - 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. 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 ₹2,23,763 Cr and the Latest NAV as of 15 May 2026 is ₹17.36.
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₹2,23,763.22 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,