• Home
  • Mutual Funds
  • Mirae Asset Low Duration Fund Growth

Mirae Asset Low Duration Fund Growth Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
This Fund:
Sensex:
BankFD:

Showing Funds Performance since Sep 07, 2020

Mirae Asset Low Duration Fund Growth Fund Overview

Min. investment

SIP ₹99 & Lump. ₹5000

AUM (Fund size)

₹2,273 Cr

Lock In Period

N/A

Expense Ratio

0.89

Exit Load

Nil

Benchmark

NIFTY Low Duration Debt Index A-I

Summary

Mirae Asset Low Duration Fund Growth NAV is ₹2367.4345 as of 3 Jun, 2026. Mirae Asset Low Duration Fund Growth has delivered 21.21% returns since its launch. The minimum SIP investment amount in Mirae Asset Low Duration Fund Growth is ₹99. The AUM of Mirae Asset Low Duration Fund Growth is ₹2,273 Cr. The expense ratio of the fund is 0.89%, and its benchmark is NIFTY Low Duration Debt Index A-I. The current exit load of the fund is Nil. In the last 1M months, Mirae Asset Low Duration Fund Growth has delivered 0.11% returns.

Mirae Asset Low Duration Fund Growth Calculate Returns

You would have got

close_grey_icon
No Data Found
Your Investment Amount
  • 1
  • 2
  • 3
  • 4
  • 5

Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.11-0.31259.36
6M2.031.11280.40
1Y5.143.89309.28
3Y6.6212.7746.82

Portfolio Analysis

  • Equity:
  • Debt: 99.72%
  • Others
As on: 2026-05-15
View allocation % by

1. TREPS4.41%
2. 7.18% Power Finance Corporation Ltd. (MD 20/01/2027)4.39%
3. 7.54% Knowledge Realty Trust (MD 08/05/2029)3.40%
4. 7.80% National Bank for Agriculture and Rural Development (MD 15/03/2027)3.30%
5. LIC Housing Finance Ltd. (MD 11/03/2027)3.11%
6. Kotak Mahindra Bank Ltd. (MD 24/09/2026)2.79%
7. 8.20% Cholamandalam Investment & Finance Co. Ltd. (MD 17/02/2028)2.64%
8. 8.95% Bharti Telecom Ltd. (MD 04/12/2026)2.21%
9. 8.07% State Government of Tamil Nadu (MD 15/06/2026)2.20%
10. 8.04% Bajaj Housing Finance Ltd. (MD 18/01/2027)2.20%
11. 6.96% Mindspace Business Parks Reit (MD 08/12/2028)2.15%
12. Small Industries Development Bank of India (MD 03/12/2026)2.11%
13. 7.45% ICICI Securities Ltd. (MD 24/11/2028)2.11%
14. Tata Capital Housing Finance Ltd. (MD 03/02/2027)2.09%
15. Bank of Baroda (MD 05/02/2027)2.09%
16. Kotak Mahindra Bank Ltd. (MD 12/02/2027)2.09%
17. National Bank for Agriculture and Rural Development (MD 26/02/2027)2.08%
18. ICICI Bank Ltd. (MD 12/02/2027)2.04%
19. Small Industries Development Bank of India (MD 18/02/2027)2.04%
20. 7.70% National Bank for Agriculture and Rural Development (MD 30/09/2027)1.76%
21. 7.53% National Bank for Agriculture and Rural Development (MD 24/03/2028)1.53%
22. 91 Days Treasury Bills (MD 04/06/2026)1.32%
23. Net Receivables / (Payables)1.23%
24. 7.19% State Government of Gujarat (MD 23/10/2027)1.11%
25. 8.80% Motilal Oswal Finvest Ltd. (MD 10/09/2027)1.10%
26. 7.64% Power Finance Corporation Ltd. (MD 25/08/2026)1.10%
27. 7.53% Ultratech Cement Ltd. (MD 21/08/2026)1.10%
28. 8.60% Manappuram Finance Ltd. (MD 24/03/2028)1.10%
29. 7.05% Embassy Office Parks Reit (MD 18/10/2026)1.10%
30. 8.75% 360 One Prime Ltd. (MD 07/10/2027)1.10%
31. 7.30% Shriram Pistons & Rings Ltd. (MD 23/08/2027)1.09%
32. 7.35% Bharti Telecom Ltd. (MD 15/10/2027)1.09%
33. 7.47% Kotak Mahindra Investments Ltd. (MD 30/10/2028)1.09%
34. 7.35% Shriram Pistons & Rings Ltd. (MD 23/02/2028)1.09%
35. Embassy Office Parks Reit (MD 16/06/2026)1.09%
36. 7.30% Tata Capital Housing Finance Ltd. (MD 11/02/2028)1.05%
37. 7.45% Torrent Pharmaceuticals Ltd. (MD 19/01/2028)1.05%
38. Canara Bank (MD 28/01/2027)1.05%
39. Kotak Mahindra Bank Ltd. (MD 29/01/2027)1.05%
40. Export-Import Bank of India (MD 29/01/2027)1.05%
41. Motilal Oswal Financial Services Ltd. (MD 03/02/2027)1.04%
42. Bank of Baroda (MD 03/02/2027)1.04%
43. Bank of Baroda (MD 12/02/2027)1.04%
44. Export-Import Bank of India (MD 01/03/2027)1.04%
45. HDFC Bank Ltd. (MD 24/02/2027)1.04%
46. Small Industries Development Bank of India (MD 26/02/2027)1.04%
47. HDFC Bank Ltd. (MD 12/03/2027)1.04%
48. 7.68% Small Industries Development Bank of India (MD 10/08/2027)1.01%
49. 7.83% Cholamandalam Investment & Finance Co. Ltd. (MD 28/06/2028)0.92%
50. 7.43% Small Industries Development Bank of India (MD 31/08/2026)0.88%
51. 9.40% Indostar Capital Finance Ltd. (MD 18/06/2027)0.88%
52. 7.75% Kotak Mahindra Prime Ltd. (MD 19/11/2027)0.88%
53. Bank of Baroda (MD 11/03/2027)0.83%
54. 7.74% Power Finance Corporation Ltd. (MD 29/01/2028)0.79%
55. 8.19% State Government of Kerala (MD 19/12/2028)0.68%
56. 8.42% Godrej Industries Ltd. (MD 27/12/2027)0.66%
57. 6.27% Power Finance Corporation Ltd. (MD 15/07/2027)0.65%
58. Small Industries Development Bank of India (MD 06/11/2026)0.64%
59. 7.22% Export-Import Bank of India (MD 03/08/2027)0.57%
60. 9.95% Indostar Capital Finance Ltd. (MD 26/06/2026)0.44%
61. 8.14% Kotak Mahindra Prime Ltd. (MD 10/02/2027)0.44%
62. 9.95% Indostar Capital Finance Ltd. (MD 27/05/2026)0.44%
63. 9.25% Indostar Capital Finance Ltd. (MD 24/01/2028)0.44%
64. 7.56% India Infrastructure Finance Company Ltd. (MD 20/03/2028)0.44%
65. 7.40% Shivshakti Securitisation Trust (MD 28/09/2029)0.43%
66. Indostar Capital Finance Ltd. (MD 15/10/2026)0.42%
67. 7.77% HDFC Bank Ltd. (MD 28/06/2027)0.22%
68. 7.59% National Housing Bank (MD 08/09/2027)0.22%
69. 8.10% Mahindra & Mahindra Financial Services Ltd. (MD 21/05/2026)0.22%
70. 7.37% Government of India (MD 23/10/2028)0.22%
71. 7.75% State Government of Karnataka (MD 01/03/2027)0.11%
72. 8.45% HDFC Bank Ltd. (MD 18/05/2026)0.04%

1. 364 Days Treasury Bills (MD 11/06/2026)3.29%

1. 7.75% Power Finance Corporation Ltd. (MD 22/03/2027)1.10%
2. 7.85% Power Finance Corporation Ltd. (MD 03/04/2028)0.66%
3. 7.40% Power Finance Corporation Ltd. (MD 08/05/2030)0.22%

About Fund Mirae Asset Low Duration Fund Growth

Mirae Asset Low Duration Fund Growth managed by Mirae Asset Mutual Fund,is a Low Duration Fundsscheme with Assets Under Management of ₹2,273 Crore. The fund benchmarks its performance against the NIFTY Low Duration Debt Index A-I while maintaining an expense ratio of 0.89. Under the expert guidance of Basant Bafna ,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

Basant Bafna

Mr. Basant Bafna CFA, FRM,MBA (Finance),B Com (Hons),Certified Treasury Professional, Certified Associate of the Indian Institute of Bankers, cleared all levels of Company Secretary. Mr. Basant Bafna has over 12 years of experience in the banking industry. Prior to this assignment, Mr. Basant Bafna worked as Chief Dealer and Assistant General Manager with Export-Import Bank of India.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
SBI Low Duration Fund Growth413620.39 CR0.93
SBI Low Duration Fund - Institutional Plan Growth013620.39 CR0.42
Mirae Asset Low Duration Fund Growth42272.91 CR0.89
Franklin India Low DurationFund Growth051.1 CR0.71
Fund Name1Y3Y
This FundSBI Low Duration Fund Growth4.977121.009
This FundSBI Low Duration Fund - Institutional Plan Growth4.977221.0105
This FundMirae Asset Low Duration Fund Growth5.136821.2108
This FundFranklin India Low DurationFund Growth37.141246.82

Mirae Asset Low Duration Fund Growth FAQs

Mirae Asset Low Duration Fund 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 Growth is 0.89. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Mirae Asset Low Duration Fund Growth’s fund performance is as follows:
  • 1 Month : 0.11%
  • 6 Months : 2.03%
  • 1 Year : 5.14%
  • 3 Years : 6.62%
Returns of Mirae Asset Low Duration Fund Growth are updated daily based on NAV of ₹ 2367.4345 as on Jun 01,2026. Since inception, the return has been 21.21%.

You can invest in Mirae Asset Low Duration Fund 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 Growth is ₹2,273 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Mirae Asset Low Duration Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.