1M
6M
1Y
3Y
5Y
All
| NAV: 20 Dec 2024 | ₹15.87 |
| Min. SIP amount | ₹99 |
| Rating | 3 |
| Fund size | ₹341.86Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Debt Short Duration
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 8.4% | 6.5% | 6.6% | 7.1% |
| Category average | 7.6% | 6.0% | 6.1% | NA |
| Rank with in category | 10 | 13 | 15 | NA |
Understand terms
Peer Comparison
| Debt, Short Duration funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
ICICI Prudential Short Term Fund Direct Plan Growth | 5 | 8.4% | 7.3% | 19,746.04 |
UTI Short Duration Direct Growth | 5 | 8.4% | 6.7% | 2,567.03 |
Nippon India Short Term Fund Direct Growth | 4 | 8.6% | 6.6% | 7,121.83 |
HDFC Short Term Debt Fund Direct Plan Growth | 4 | 8.5% | 6.6% | 14,622.22 |
Baroda BNP Paribas Short Duration Direct Fund Growth | 4 | 8.4% | 6.5% | 202.60 |
Holdings (48)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | GOI Sec | 10.82% |
GOI | Sovereign | GOI Sec | 6.17% |
GOI | Sovereign | GOI Sec | 4.20% |
HDFC Bank Ltd. | Financial | Debenture | 3.55% |
Indian Railway Finance Corporation Ltd. | Financial | Debenture | 2.75% |
REC Ltd. | Financial | Debenture | 2.75% |
Embassy Office Parks REIT | Construction | Debenture | 2.74% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 2.73% |
HDB Financial Services Ltd. | Financial | NCD | 2.71% |
Power Finance Corporation Ltd. | Financial | Debenture | 2.61% |
Power Finance Corporation Ltd. | Financial | Debenture | 2.45% |
Small Industries Devp. Bank of India Ltd. | Financial | Bonds/NCD | 2.33% |
LIC Housing Finance Ltd. | Financial | Debenture | 2.20% |
REC Ltd. | Financial | Debenture | 2.19% |
Mindspace Business Parks REIT | Construction | Debenture | 1.92% |
Small Industries Devp. Bank of India Ltd. | Financial | Bonds/NCD | 1.91% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 1.91% |
HDB Financial Services Ltd. | Financial | Debenture | 1.91% |
LIC Housing Finance Ltd. | Financial | Debenture | 1.66% |
Hero FinCorp Ltd. | Financial | Debenture | 1.64% |
GOI | Sovereign | GOI Sec | 1.40% |
Power Finance Corporation Ltd. | Financial | Debenture | 1.39% |
GOI | Sovereign | GOI Sec | 1.38% |
Power Finance Corporation Ltd. | Financial | NCD | 1.38% |
Aditya Birla Renewables Ltd. | Energy | Bonds/NCD | 1.38% |
Jharkhand State | Others | SDL | 1.37% |
Motilal Oswal Finevest Ltd. | Financial | NCD | 1.37% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 1.37% |
REC Ltd. | Financial | Debenture | 1.37% |
Muthoot Finance Ltd. | Financial | Debenture | 1.37% |
Small Industries Devp. Bank of India Ltd. | Financial | Bonds | 1.37% |
Power Finance Corporation Ltd. | Financial | Debenture | 1.37% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 1.37% |
Muthoot Finance Ltd. | Financial | Debenture | 1.37% |
Angel One Ltd. | Financial | CP | 1.36% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 1.36% |
Muthoot Finance Ltd. | Financial | Debenture | 1.36% |
Motilal Oswal Financial Services Ltd. | Financial | CP | 1.34% |
GOI | Sovereign | GOI Sec | 1.12% |
REC Ltd. | Financial | Bonds | 1.11% |
HDFC Bank Ltd. | Financial | NCD | 1.10% |
GOI | Sovereign | CGL | 0.97% |
Indian Railway Finance Corporation Ltd. | Financial | Debenture | 0.85% |
Mahanagar Telephone Nigam Ltd. | Communication | Debenture | 0.77% |
Karnataka State | Others | SDL | 0.70% |
Bajaj Housing Finance Ltd. | Financial | Debenture | 0.69% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.41% |
Uttarakhand State | Others | SDL | 0.28% |
See All
Expense ratio, exit load and tax
Expense ratio: 0.28%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹99 |
Fund management
Amit ModaniJul 2021 - PresentView details
Amit Modani
Jul 2021 - Present
View details
Education
Mr. Modani is Chartered Accountant
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with BOI AXA Mutual Fund, Quantum Asset Management Company Private Limited and Pramerica Asset Managers Pvt. Ltd.
Also manages these schemes
Basant BafnaJan 2023 - PresentView details
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
Fund house & investment objective
Fund house contact details
Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
30 Nov 2007
E-mail
NAWebsite
www.miraeassetmf.co.in
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
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