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Mirae Asset Fixed Maturity Plan - Series III Growth Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
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Showing Funds Performance since Sep 07, 2020

Mirae Asset Fixed Maturity Plan - Series III Growth Fund Overview

Min. investment

SIP ₹0 & Lump. ₹5000

AUM (Fund size)

₹34 Cr

Lock In Period

N/A

Expense Ratio

0.27

Exit Load

Nil

Benchmark

CRISIL Composite Bond Fund Index

Summary

Mirae Asset Fixed Maturity Plan - Series III Growth NAV is ₹12.4756 as of 16 May, 2026. Mirae Asset Fixed Maturity Plan - Series III Growth has delivered 23.87% returns since its launch. The minimum SIP investment amount in Mirae Asset Fixed Maturity Plan - Series III Growth is ₹0. The AUM of Mirae Asset Fixed Maturity Plan - Series III Growth is ₹34 Cr. The expense ratio of the fund is 0.27%, and its benchmark is CRISIL Composite Bond Fund Index. The current exit load of the fund is Nil. In the last 1M months, Mirae Asset Fixed Maturity Plan - Series III Growth has delivered 0.29% returns.

Mirae Asset Fixed Maturity Plan - Series III Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.29-1.684.54
6M1.780.2712.55
1Y3.972.5416.20
3Y7.408.4936.71

Portfolio Analysis

  • Equity:
  • Debt: 100.00%
  • Others
As on: 2022-03-31
View allocation % by

1. Triparty Repo73.61%
2. Bajaj Finance Limited (05/04/2022) (ZCB)9.82%
3. 8.4% Housing & Urban Development Corporation Limited (11/04/2022)8.21%
4. 9.75% Larsen & Toubro Limited (11/04/2022)7.62%
5. Net Receivables / (Payables)0.74%

About Fund Mirae Asset Fixed Maturity Plan - Series III Growth

Mirae Asset Fixed Maturity Plan - Series III Growth managed by Mirae Asset Mutual Fund,is a Debt - FMPscheme with Assets Under Management of ₹34 Crore. The fund benchmarks its performance against the CRISIL Composite Bond Fund Index while maintaining an expense ratio of 0.27. Under the expert guidance of Mahendra Kumar Jajoo ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Mahendra Kumar Jajoo

Mr. Mahendra Kumar Jajoo is CA (Silver Medalist), CS and CFA by qualification and has over 25 years of experience in the field of financial services. Mr. Jajoo’s previous stint has been with leading Asset Management Companies like Pramerica, Tata and ABN AMRO, where he has been spearheading the fixed income business. Mr. Jajoo has also worked with leading financial institutions like ABN AMRO and ICICI Group.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
HDFC FMP 1175D January 2019 - 1 Growth056.61 CR0.12
SBI Debt Fund Series - C - 33 Growth0424.92 CR0.45
Mirae Asset Fixed Maturity Plan - Series III Growth034.15 CR0.27
Fund Name1Y3Y
This FundHDFC FMP 1175D January 2019 - 1 Growth4.184723.8697
This FundSBI Debt Fund Series - C - 33 Growth4.036123.8711
This FundMirae Asset Fixed Maturity Plan - Series III Growth3.967723.874

Mirae Asset Fixed Maturity Plan - Series III Growth FAQs

Mirae Asset Fixed Maturity Plan - Series III Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Mirae Asset Fixed Maturity Plan - Series III Growth is 0.27. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Mirae Asset Fixed Maturity Plan - Series III Growth’s fund performance is as follows:
  • 1 Month : 0.29%
  • 6 Months : 1.78%
  • 1 Year : 3.97%
  • 3 Years : 7.40%
Returns of Mirae Asset Fixed Maturity Plan - Series III Growth are updated daily based on NAV of ₹ 12.4756 as on Apr 12,2022. Since inception, the return has been 23.87%.

You can invest in Mirae Asset Fixed Maturity Plan - Series III Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Mirae Asset Fixed Maturity Plan - Series III Growth is ₹34 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Mirae Asset Fixed Maturity Plan - Series III Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.