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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹1000 & Lump. ₹5000

AUM (Fund size)

₹605 Cr

Lock In Period

N/A

Expense Ratio

0.84

Benchmark

CRISIL Low Duration Debt Index

Exit Load

Nil

Summary

Latest details for Mirae Asset Low Duration Fund - Retail Plan Growth include a ₹1963.0727 NAV as of Oct 31,2019 and returns since inception of 20.21%. Minimum investments start at SIP ₹1000. The Mirae Asset Low Duration Fund - Retail Plan Growth AUM is ₹605 Cr, with a lock-in of N/A years, expense ratio of 0.84%, and benchmark CRISIL Low Duration Debt Index. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 0.80% returns, against a category average of 0.40% and a category best of 259.36%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.800.40259.36
6M2.812.89280.40
1Y7.087.29309.28
3Y6.3314.4046.82

Portfolio Analysis

  • Equity:
  • Debt: 100.03%
  • Others
As on: 2022-11-15
View allocation % by

1. 5.53% National Bank For Agriculture and Rural Development (22/02/2024)5.65%
2. 6.75% Shriram Transport Finance Company Limited (28/04/2023)4.98%
3. 8.60% Tamil Nadu SDL (MD 06/03/2023)4.16%
4. 7.65% Jamnagar Utilities & Power Private Limited (29/12/2022)4.13%
5. Reliance Retail Ventures Limited (05/01/2023)4.09%
6. IDFC First Bank Limited (20/01/2023)4.08%
7. Birla Group Holdings Private Limited (25/01/2023)4.07%
8. HDFC Bank Limited (06/03/2023)4.05%
9. Axis Bank Limited (07/03/2023)4.05%
10. Canara Bank (10/03/2023)4.04%
11. Export Import Bank of India (24/03/2023)4.03%
12. Small Industries Dev Bank of India (01/09/2023)3.90%
13. State Bank of India (12/09/2023)3.90%
14. IIFL Wealth Prime Limited (28/11/2022)3.30%
15. 7.38% Cholamandalam Investment and Finance Company Ltd (31/07/2024)3.26%
16. 182 Days Tbill (MD 30/03/2023)3.23%
17. 4.7% Government of India (22/09/2033)2.68%
18. 7.42% Bajaj Housing Finance Limited (12/07/2024)2.47%
19. 7.45% Mahindra Rural Housing Finance Limited (14/07/2023)2.46%
20. TREPS2.46%
21. 5.32% National Housing Bank (01/09/2023)2.44%
22. Godrej Properties Limited (13/02/2023)2.44%
23. 6.25% Embassy Office Parks REIT (18/10/2024)2.41%
24. 7.38% Government of India (20/06/2027)1.67%
25. 7.15% Small Industries Dev Bank of India (21/07/2025)1.64%
26. Small Industries Dev Bank of India (22/02/2023)1.62%
27. Net Receivables / (Payables)1.26%
28. 6.99% Housing Development Finance Corporation Limited (13/02/2023)1.16%
29. 7.25% Larsen & Toubro Limited (24/04/2023)0.83%
30. 7.4% LIC Housing Finance Limited (06/09/2024)0.82%
31. 6.26% Cholamandalam Investment and Finance Company Ltd (18/04/2023)0.82%
32. 4.64% Oil & Natural Gas Corporation Limited (21/11/2023)0.81%
33. ICICI Bank Limited (30/06/2023)0.79%
34. 7.75% Karnatak SDL (MD 01/03/2027)0.42%
35. 7.26% Government of India (22/08/2032)0.17%

1. 7.1% Muthoot Finance Limited (20/06/2024)4.08%
2. 8.45% L&T Finance Limited (23/12/2022)0.83%
3. 8.1% Tata Capital Housing Finance Limited (14/01/2023)0.83%

About Fund

Mirae Asset Low Duration Fund - Retail Plan Growth managed by Mirae Asset Mutual Fund,is a Low Duration Fundsscheme with Assets Under Management of ₹605 Crore. The fund benchmarks its performance against the CRISIL Low Duration Debt Index while maintaining an expense ratio of 0.84. 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.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundSundaram Low Duration Fund - Institutional Plan (Old) Growth3543.56 CR1.51
This FundMirae Asset Low Duration Fund - Retail Plan Growth0605.08 CR0.84
This FundFranklin India Low DurationFund Growth051.1 CR0.74
Fund Name1Y3Y
This FundSundaram Low Duration Fund - Institutional Plan (Old) Growth11.579717.3081
This FundMirae Asset Low Duration Fund - Retail Plan Growth7.076420.214
This FundFranklin India Low DurationFund Growth37.141246.82

FAQs

Mirae Asset Low Duration Fund - Retail Plan 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 Low Duration Fund - Retail Plan Growth is 0.84. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Mirae Asset Low Duration Fund - Retail Plan Growth’s fund performance is as follows:
  • 1 Month : 0.80%
  • 6 Months : 2.81%
  • 1 Year : 7.08%
  • 3 Years : 6.33%
Returns of Mirae Asset Low Duration Fund - Retail Plan Growth are updated daily based on NAV of ₹ 1963.0727 as on Oct 31,2019. Since inception, the return has been 20.21%.

You can invest in Mirae Asset Low Duration Fund - Retail Plan 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 Low Duration Fund - Retail Plan Growth is ₹605 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Mirae Asset Low Duration Fund - Retail Plan Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500