|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹12.61 (04 Mar 2021)|
|Fund Started||19 Mar 2018|
|Fund Size||₹854 Cr|
|Bajaj Finance Ltd.||Financial||CP||5.9%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||4.6%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||2.9%|
|Hindustan Petroleum Corpn. Ltd.||Energy||Debenture||2.4%|
Mirae Asset Short Term Fund Direct Dividend is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 19 Mar 2018. Mahendra Jajoo is the Current Fund Manager of Mirae Asset Short Term Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹854 Cr and the Latest NAV as of 04 Mar 2021 is ₹12.61.
The Mirae Asset Short Term Fund Direct Dividend is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 30 days.
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.