| Launch date | 21 Nov 2024 |
| Allotment date | 06 Dec 2024 |
| End date | 02 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.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | Not Supported |
Fund management
Kruti ChhetaNov 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #13 in India |
|---|---|
| Total AUM | ₹1,81,758.25Cr |
| Date of Incorporation | 30 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 benchmark | CRISIL Long Duration Debt A-III Index |
|---|