Mirae Asset Long Duration Fund Direct Growth

Debt
Long Duration
Moderate Risk
Launch date21 Nov 2024
Allotment date06 Dec 2024
End date02 Dec 2024
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: NA

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

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIPNot Supported

Fund management

Kruti Chheta
Nov 2024 - Present
View details

Education
Ms. Chheta has done BAF (Finance and Accounts) and MBA (Finance).
Experience
Prior to joining Mirae Asset Mutual Fund, she has worked with A K Capital Services Ltd., Shriram Wealth Advisors Ltd. and Birla wealth management.
Also manages these schemes

Fund house & investment objective

Rank (total assets)#13 in India
Total AUM₹1,81,758.25Cr
Date of Incorporation30 Nov 2007

Mirae Asset Long Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Kruti Chheta is the Current Fund Manager of Mirae Asset Long Duration Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,81,758 Cr and the Latest NAV as of 21 Nov 2024 is ₹10.00. The Mirae Asset Long Duration Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000. ;

Investment Objective

The scheme seeks to generate returns through an actively managed diversified portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is greater than 7 years ;

Fund benchmarkCRISIL Long Duration Debt A-III Index

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
NA
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