Mirae Asset Short Term Fund Direct Growth+0.04%

3Groww
10.88%
1 Year Return
Debt
Short Term
3.0 star
6M
1Y
All

Fund Details

Mirae Asset Short Term Fund Direct Growth

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.32%
NAV11.41 (18 Oct 2019)
Fund Started19 Mar 2018
Fund Size154 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Mirae Asset Short Term Fund Direct Growth
10.9%
NA
NA
8.6%
Category Average
9.6%
NA
NA
-
Rank within category
7
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    30
    with 10.9% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    Found nothing so far.

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    Fund Managers

    addMahendra Kumar Jajoo
    Education
    Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
    Experience
    Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.
    Funds Managed

    Other Details

    Mirae Asset Short Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was introduced to investors on 19 Mar 2018. Mahendra Jajoo is the Current Fund Manager of Mirae Asset Short Term Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹154 Cr and the Latest NAV as of 18 Oct 2019 is ₹11.41.

    The Mirae Asset Short Term Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.25% if redeemed within 30 days..

    Investment Objective

    The investment objective of the scheme is to seek 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. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

    Tax Implications

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 0.25% if redeemed within 30 days.
    Exit Load

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    About Mirae Asset Mutual Fund

    Address
    Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
    Phone
    022-67800300
    Launch Date
    29 Nov 2007
    Mirae Asset Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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