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  • Mirae Asset Mutual Fund
  • Mirae Asset Corporate Bond Fund (Growth)
Mirae Asset Mutual Fund

Mirae Asset Corporate Bond Fund (Growth)

DebtCorporate Bond

11.667

NAV (May 24)

5%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Rolling Returns

Scripbox Recommended Debt Funds
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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

11.667

NAV (May 24)

Fund Returns

Last 1Y
6.1%
Last 3Y
4.7%
Last 5Y
NA
Last 10Y
NA
Since Inception
5%
6 Month CAGR
4%

Scheme Information

Investment Objective

The investment objective of the scheme is to provide income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds. The Scheme does not guarantee or assure any returns.

Expense Ratio
0.67
Launched (3y ago)
Mar 17, 2021
AUM in Crores
48.889
ISIN
INF769K01HA5
Lock-in
No Lock-in
Benchmark
CRISIL Corporate Bond B-III TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
1.2
Standard Deviation (5yr)
0
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.826
Sharpe Ratio (5yr)
0
YTM
7.64
Fund Managers

Amit Modani

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Mirae Asset Corporate Bond Fund (Growth)70%8,19,921 87,3094.7%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-05-24

Top Debt Holdings

7.18% govt stock 2033

12.3%
12.3%

national bank for agriculture and rural development 7.68%

8.2%
8.2%

power finance corporation ltd.

6.1%
6.1%

bajaj finance limited

6.1%
6.1%

rural electrification corporation limited

6.1%
6.1%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 4,984 cr

₹ 10,779 cr

₹ 49,300 cr

₹ 14,459 cr

₹ 14,796 cr

amc-img

About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 165,814 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 35 equity,48 debt and 9 hybrid funds.amc-img
phone-img022-67800300
Fund NameScripbox Opinion
Till Date CAGR

17.4%

19.1%

16.6%

18.6%

23.1%

28%

13.6%

21.1%

10.4%

11.6%

Mirae Asset Corporate Bond Fund (G) Review

Mirae Asset Corporate Bond Fund (G) is a Corporate Bond Debt fund and has delivered an annualised return of 5% over a period of 3 years. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund manager’s name is Amit Modani.

Nav of Mirae Asset Corporate Bond Fund (G) as of 5/24/2024 is ₹11.67 with the total AUM as of 5/26/2024 is ₹48.889. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Corporate Bond Fund (G) was launched on Mar 17, 2021. The category risk of the fund is Moderate Risk.

The minimum SIP amount for Mirae Asset Corporate Bond Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Mirae Asset Corporate Bond Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Corporate Bond B-III TR INR.

Mirae Asset Corporate Bond Fund (G) is rated as a 0 fund in Debt and delivered 6.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Corporate Bond Fund (G).

Frequently Asked Questions

What is Mirae Asset Corporate Bond Fund (G)?

Mirae Asset Corporate Bond Fund (G) is a Corporate Bond Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Mirae Asset Corporate Bond Fund (G)?

You can invest in Mirae Asset Corporate Bond Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Mirae Asset Corporate Bond Fund (G)?

The minimum sip amount for Mirae Asset Corporate Bond Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Mirae Asset Corporate Bond Fund (G) good to invest in?

As per Scripbox experts, Mirae Asset Corporate Bond Fund (G) is a Not Reviewed Yet fund. You can investMirae Asset Corporate Bond Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Mirae Asset Corporate Bond Fund (G)?

The expense ratio of the Mirae Asset Corporate Bond Fund (G) is 0.67% for regular plan.