| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.32% |
| NAV | ₹12.52 (28 Oct 2020) |
|---|---|
| Fund Started | 19 Mar 2018 |
| Fund Size | ₹596 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 8.4% |
| GOI | Sovereign | GOI Sec | 3.5% |
| Larsen & Toubro Ltd. | Construction | Debenture | 2.7% |
| National Housing Bank | Financial | NCD | 2.7% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 2.6% |
| Housing & Urban Development Corpn. Ltd. | Financial | Debenture | 2.6% |
| Reliance Industries Ltd. | Energy | NCD | 2.6% |
| REC Ltd. | Financial | NCD | 2.5% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 2.5% |
| Indian Oil Corpn. Ltd. | Energy | CP | 2.1% |
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 ₹596 Cr and the Latest NAV as of 28 Oct 2020 is ₹12.52.
The Mirae Asset Short Term Fund Direct Growth is rated Moderately Low 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.