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This Fund:
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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹99 & Lump. ₹5000

AUM (Fund size)

₹2,483 Cr

Lock In Period

N/A

Expense Ratio

0.83

Benchmark

NIFTY Low Duration Debt Index A-I

Exit Load

Nil

Summary

Latest details for Mirae Asset Low Duration Fund Growth include a ₹2367.0694 NAV as of May 08,2026 and returns since inception of 21.84%. Minimum investments start at SIP ₹99. The Mirae Asset Low Duration Fund Growth AUM is ₹2,483 Cr, with a lock-in of N/A years, expense ratio of 0.83%, and benchmark NIFTY Low Duration Debt Index A-I. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 0.67% returns, against a category average of 1.07% and a category best of 259.36%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.671.07259.36
6M2.431.91280.40
1Y5.785.21309.28
3Y6.8113.4046.82

Portfolio Analysis

  • Equity:
  • Debt: 99.70%
  • Others
As on: 2026-04-15
View allocation % by

1. TREPS5.21%
2. 7.18% Power Finance Corporation Ltd. (MD 20/01/2027)4.04%
3. 7.43% Small Industries Development Bank of India (MD 31/08/2026)3.83%
4. LIC Housing Finance Ltd. (MD 11/03/2027)3.79%
5. 7.54% Knowledge Realty Trust (MD 08/05/2029)3.14%
6. 182 Days Treasury Bills (MD 14/05/2026)3.01%
7. 8.20% Cholamandalam Investment & Finance Co. Ltd. (MD 17/02/2028)2.43%
8. 7.80% National Bank for Agriculture and Rural Development (MD 15/03/2027)2.23%
9. 8.95% Bharti Telecom Ltd. (MD 04/12/2026)2.03%
10. 8.04% Bajaj Housing Finance Ltd. (MD 18/01/2027)2.03%
11. 8.07% State Government of Tamil Nadu (MD 15/06/2026)2.02%
12. 6.96% Mindspace Business Parks Reit (MD 08/12/2028)1.99%
13. 7.45% ICICI Securities Ltd. (MD 24/11/2028)1.95%
14. Tata Capital Housing Finance Ltd. (MD 03/02/2027)1.91%
15. Kotak Mahindra Bank Ltd. (MD 12/02/2027)1.91%
16. HDFC Bank Ltd. (MD 24/02/2027)1.90%
17. National Bank for Agriculture and Rural Development (MD 26/02/2027)1.90%
18. ICICI Bank Ltd. (MD 12/02/2027)1.87%
19. Small Industries Development Bank of India (MD 18/02/2027)1.86%
20. Cholamandalam Investment & Finance Co. Ltd. (MD 22/01/2027)1.52%
21. National Bank for Agriculture and Rural Development (MD 17/02/2027)1.52%
22. Small Industries Development Bank of India (MD 26/02/2027)1.52%
23. 7.19% State Government of Gujarat (MD 23/10/2027)1.02%
24. 8.80% Motilal Oswal Finvest Ltd. (MD 10/09/2027)1.02%
25. 6.99% Government of India (MD 17/04/2026)1.01%
26. 7.90% LIC Housing Finance Ltd. (MD 23/06/2027)1.01%
27. 7.64% Power Finance Corporation Ltd. (MD 25/08/2026)1.01%
28. 7.53% Ultratech Cement Ltd. (MD 21/08/2026)1.01%
29. 8.75% 360 One Prime Ltd. (MD 07/10/2027)1.01%
30. 7.05% Embassy Office Parks Reit (MD 18/10/2026)1.01%
31. Embassy Office Parks Reit (MD 16/06/2026)1.00%
32. Union Bank of India (MD 01/06/2026)1.00%
33. Canara Bank (MD 03/06/2026)1.00%
34. IDBI Bank Ltd. (MD 05/06/2026)1.00%
35. 7.47% Kotak Mahindra Investments Ltd. (MD 30/10/2028)1.00%
36. 7.30% Shriram Pistons & Rings Ltd. (MD 23/08/2027)1.00%
37. 7.35% Shriram Pistons & Rings Ltd. (MD 23/02/2028)1.00%
38. 7.35% Bharti Telecom Ltd. (MD 15/10/2027)1.00%
39. Kotak Mahindra Bank Ltd. (MD 24/09/2026)0.98%
40. Union Bank of India (MD 19/01/2027)0.96%
41. Export-Import Bank of India (MD 29/01/2027)0.96%
42. Kotak Mahindra Bank Ltd. (MD 29/01/2027)0.96%
43. 7.30% Tata Capital Housing Finance Ltd. (MD 11/02/2028)0.96%
44. 7.45% Torrent Pharmaceuticals Ltd. (MD 19/01/2028)0.96%
45. Motilal Oswal Financial Services Ltd. (MD 03/02/2027)0.95%
46. Bank of Baroda (MD 03/02/2027)0.95%
47. Bank of Baroda (MD 12/02/2027)0.95%
48. Export-Import Bank of India (MD 01/03/2027)0.95%
49. National Bank for Agriculture and Rural Development (MD 17/03/2027)0.95%
50. 7.68% Small Industries Development Bank of India (MD 10/08/2027)0.93%
51. 7.83% Cholamandalam Investment & Finance Co. Ltd. (MD 28/06/2028)0.85%
52. 9.40% Indostar Capital Finance Ltd. (MD 18/06/2027)0.81%
53. 7.70% REC Ltd. (MD 31/08/2026)0.81%
54. 7.75% Kotak Mahindra Prime Ltd. (MD 19/11/2027)0.81%
55. Birla Group Holding Pvt. Ltd. (MD 22/05/2026)0.80%
56. 7.74% Power Finance Corporation Ltd. (MD 29/01/2028)0.73%
57. 8.19% State Government of Kerala (MD 19/12/2028)0.62%
58. 8.42% Godrej Industries Ltd. (MD 27/12/2027)0.61%
59. 7.59% National Housing Bank (MD 14/07/2027)0.61%
60. Small Industries Development Bank of India (MD 03/06/2026)0.60%
61. 6.27% Power Finance Corporation Ltd. (MD 15/07/2027)0.60%
62. Small Industries Development Bank of India (MD 06/11/2026)0.58%
63. 7.35% Export-Import Bank of India (MD 27/07/2028)0.53%
64. 7.22% Export-Import Bank of India (MD 03/08/2027)0.52%
65. 8.14% Kotak Mahindra Prime Ltd. (MD 10/02/2027)0.41%
66. 9.95% Indostar Capital Finance Ltd. (MD 26/06/2026)0.40%
67. 9.95% Indostar Capital Finance Ltd. (MD 27/05/2026)0.40%
68. 7.56% India Infrastructure Finance Company Ltd. (MD 20/03/2028)0.40%
69. 7.40% Shivshakti Securitisation Trust (MD 28/09/2029)0.40%
70. Indostar Capital Finance Ltd. (MD 15/10/2026)0.39%
71. HDFC Bank Ltd. (MD 21/09/2026)0.39%
72. 7.37% Government of India (MD 23/10/2028)0.21%
73. 7.59% National Housing Bank (MD 08/09/2027)0.20%
74. 7.77% HDFC Bank Ltd. (MD 28/06/2027)0.20%
75. 7.55% Small Industries Development Bank of India (MD 22/09/2026)0.20%
76. 7.48% National Bank for Agriculture and Rural Development (MD 15/09/2028)0.20%
77. 8.10% Mahindra & Mahindra Financial Services Ltd. (MD 21/05/2026)0.20%
78. 7.75% State Government of Karnataka (MD 01/03/2027)0.10%
79. 8.45% HDFC Bank Ltd. (MD 18/05/2026)0.04%
80. Net Receivables / (Payables)-3.75%

1. 182 Days Treasury Bills (MD 16/04/2026)4.83%
2. 91 Days Treasury Bills (MD 14/05/2026)1.00%

1. 7.75% Power Finance Corporation Ltd. (MD 22/03/2027)1.01%
2. 7.49% Indian Railway Finance Corporation Ltd. (MD 28/05/2027)1.01%
3. 7.85% Power Finance Corporation Ltd. (MD 03/04/2028)0.61%
4. 7.40% Power Finance Corporation Ltd. (MD 08/05/2030)0.20%

About Fund

Mirae Asset Low Duration Fund Growth managed by Mirae Asset Mutual Fund,is a Low Duration Fundsscheme with Assets Under Management of ₹2,483 Crore. The fund benchmarks its performance against the NIFTY Low Duration Debt Index A-I while maintaining an expense ratio of 0.83. 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
This FundSBI Low Duration Fund - Institutional Plan Growth013731.81 CR0.42
This FundKotak Low Duration Fund - Growth316605.45 CR1.18
This FundMirae Asset Low Duration Fund Growth22482.58 CR0.83
This FundFranklin India Low DurationFund Growth051.1 CR0.74
Fund Name1Y3Y
This FundSBI Low Duration Fund - Institutional Plan Growth5.645721.6815
This FundKotak Low Duration Fund - Growth5.716521.7047
This FundMirae Asset Low Duration Fund Growth5.77921.8368
This FundFranklin India Low DurationFund Growth37.141246.82

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 0.83. 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 : 0.67%
  • 6 Months : 2.43%
  • 1 Year : 5.78%
  • 3 Years : 6.81%
Returns of Mirae Asset Low Duration Fund Growth are updated daily based on NAV of ₹ 2367.0694 as on May 08,2026. Since inception, the return has been 21.84%.

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 ₹2,483 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.
Min Inv Amount: ₹500