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Mirae Asset Short Term Fund Direct Growth
+7.27%
3Y annualised
+0.12% 1D
NAV: 09 Nov '26
₹17.90
Min. for SIP
₹99
Fund size (AUM)
₹501.23 Cr
Expense ratio
0.25%
Rating
2
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 6 months | ₹30,000 | ₹30,294 | +0.98% | |
| 1 year | ₹60,000 | ₹61,355 | +2.26% | |
| 3 years | ₹1,80,000 | ₹1,97,272 | +9.60% | |
| 5 years | ₹3,00,000 | ₹3,54,254 | +18.08% |
Holdings (42)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| EXPORT IMPORT BANK OF INDIA SR Z01 7.45 BD 12AP28 FVRS1LAC | Financial | Debenture | 7.91% |
| GOVERNMENT OF INDIA 37699 GOI 27JL41 7.06 FV RS 100 | Entities | GOI Securities | 6.65% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC | Financial | Bonds | 5.70% |
| Repo | Unspecified | Repo | 4.93% |
| BHARTI TELECOM LIMITED SR XXV 7.35 NCD 15OT27 FVRS1LAC | Technology | Debenture | 4.93% |
| 7.90% Reliance Industries Ltd. (01/10/2036) ** | Energy & Utilities | Debenture | 4.90% |
| LARSEN AND TOUBRO LIMITED 6.35 NCD 19JU28 FVRS1LAC | Industrials | Debenture | 4.86% |
| BAJAJ HOUSING FINANCE LIMITED 7.53 NCD 28SP29 FVRS1LAC | Financial | Non Convertible Debenture | 4.85% |
| REC LIMITED SR 256 7.30 BD 01JL31 FVRS1LAC | Financial | Non Convertible Debenture | 4.81% |
| Lakshminarayan Securitisation Trust (28/09/2031) ** | Unspecified | Securitised Debt | 4.72% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 11JUN27 | Financial | Certificate of Deposit | 3.99% |
| KNOWLEDGE REALTY TRUST 7.5378 NCD 08MY29 FVRS1LAC | Real Estate | Non Convertible Debenture | 3.92% |
| GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100 | Entities | GOI Securities | 3.47% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26D 7.01 BD 16MR29 FVRS1LAC | Financial | Bonds | 2.91% |
| REC LIMITED SR 255 7.17 BD 01JL31 FVRS1LAC | Financial | Non Convertible Debenture | 2.87% |
| SHIVSHAKTI SECURITISATION TRUST SS TRUST PTC 15SEPT25 | Unspecified | Securitised Debt | 2.64% |
| MUTHOOT FINANCE LIMITED 8.60 NCD 02MR28 FVRS1LAC | Financial | Non Convertible Debenture | 1.98% |
| GODREJ INDUSTRIES LIMITED SR 1 8.42 NCD 27DC27 FVRS1LAC | Diversified | Debenture | 1.98% |
| LIC HOUSING FINANCE LIMITED TR- 359 7.95 LOA 29JN28 FVRS10LAC | Financial | Debenture | 1.98% |
| BAJAJ FINANCE LIMITED 7.7951 NCD 10DC27 FVRS1LAC | Financial | Debenture | 1.98% |
| BHARTI TELECOM LIMITED SR XXVII 7.30 NCD 01DC27 FVRS1LAC | Technology | Debenture | 1.96% |
| TATA CAPITAL HOUSING FINANCE LIMITED SR C 7.86 NCD 21SP29 FVRS1LAC | Financial | Debenture | 1.96% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IV 7.79 BD 19AP27 FVRS1LAC | Financial | Bonds | 1.00% |
| CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR 665 RR NCD 27FB29 FVRS1LAC | Financial | Debenture | 0.99% |
| LARSEN AND TOUBRO LIMITED 7.725 NCD 28AP28 FVRS1LAC | Industrials | Bonds/NCDs | 0.99% |
| MANAPPURAM FINANCE LIMITED 8.60 NCD 27MR28 FVRS1LAC | Financial | Non Convertible Debenture | 0.99% |
| POONAWALLA FINCORP LIMITED SR B2 7.60 NCD 28MY27 FVRS1LAC | Financial | Debenture | 0.99% |
| INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED 7.56 NCD 20MR28 FVRS1LAC | Industrials | Debenture | 0.99% |
| BAJAJ HOUSING FINANCE LIMITED 7.83 NCD 18MY29 FVRS1LAC | Financial | Non Convertible Debenture | 0.98% |
| POWER FINANCE CORPORATION LTD. SR BS217A 7.42 BD 08SP32 FVRS10LAC | Financial | Bonds | 0.96% |
| POWER FINANCE CORPORATION LIMITED SR 246A 7.42 BD 15AP28 FVRS1LAC | Financial | Bonds | 0.79% |
| GOI Sec 7.18 14/08/2033 | Entities | GOI Securities | 0.79% |
| KOTAK MAHINDRA PRIME LIMITED 7.2990 NCD 22SP28 FVRS1LAC | Financial | Debenture | 0.78% |
| REC LIMITED SR 247 A 6.87 BD 31MY30 FVRS1LAC | Financial | Bonds | 0.77% |
| GOVERNMENT OF INDIA 36574 GOI 06OT35 6.48 FV RS 100 | Entities | GOI Securities | 0.67% |
| GOVERNMENT OF INDIA 34208 GOI 08AP34 7.1 FV RS 100 | Entities | GOI Securities | 0.64% |
| Others Class A2 AIF | Unspecified | Alternative Investment Fund | 0.59% |
| Karnataka State SDL 7.75 01/03/2027 | Unspecified | State Development Loan | 0.50% |
| BAJAJ HOUSING FINANCE LIMITED 8.04 NCD 18JN27 FVRS1LAC | Financial | Debenture | 0.50% |
| STATE DEVELOPMENT LOAN 20406 UKD 09MY28 8.2 FV RS 100 | Unspecified | State Development Loan | 0.20% |
| GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100 | Entities | GOI Securities | 0.20% |
| Net Payables | Unspecified | Net Payables | -0.23% |
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹99
Returns and rankings
| Name | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | +4.5% | +7.3% | +6.4% | +7.0% |
| Category average (Debt Short Term) | +4.7% | +7.2% | +6.6% | +7.5% |
| Rank (Debt Short Term) | 20 | 14 | 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.
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
 | +5.38% | +7.71% | 7,394.64 | |
 | +5.71% | +7.62% | 8,627.64 | |
 | +5.52% | +7.61% | 18,468.29 | |
 | +4.96% | +7.56% | 6,361.22 | |
 | +5.11% | +7.37% | 189.58 | |
| Compare | ||||
Fund management
About Mirae Asset Short Term Fund Direct Growth
Mirae Asset Short Term 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 Term Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,27,142 Cr and the Latest NAV as of 09 Nov 2026 is ₹17.90.
The Mirae Asset Short Term Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000.
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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₹2,27,142.09 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,