|Risk||Low to Moderate|
|Min SIP Amount||₹1000|
|NAV||₹12.94 (23 Jul 2021)|
|Fund Started||19 Mar 2018|
|Fund Size||₹722 Cr|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||3.4%|
|Aditya Birla Finance Ltd.||Financial||CP||3.4%|
|Hindustan Petroleum Corporation Ltd.||Energy||Debenture||2.9%|
|Housing & Urban Development Corporation Ltd.||Financial||NCD||2.7%|
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 19 Mar 2018. Mahendra Jajoo is the Current Fund Manager of Mirae Asset Short Term Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹722 Cr and the Latest NAV as of 23 Jul 2021 is ₹12.94.
The Mirae Asset Short Term Fund Direct Growth 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.