- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Low Duration Fund Direct Growth
Mirae Asset Low Duration Fund Direct Plan Growth
₹ 2393.58
NAV (Mar 17)
Low Duration funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Mirae Asset Low Duration Fund Direct Growth Calculator
Investment Duration5 years
7,32,612
Total Investment1,18,820
Wealth Gained8,51,432
Total Corpus Created (₹)
With CAGR of 6.237 % in 5 yearsHistorical NAV
₹ 2393.5806
NAV (Mar 17)
Fund Returns
Last 1Y | 7.9% |
Last 3Y | 6.9% |
Last 5Y | 6.2% |
Last 10Y | 6.7% |
Since Inception | 5.5% |
6 Month CAGR | 3.7% |
Scheme Information
The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
Expense Ratio | 0.21 % |
Launched 12Y ago | 2013-01-01 |
AUM in Crores | 1200 |
ISIN | INF769K01BO9 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY Low Duration Debt Index A-I |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 0.5 |
Beta | 1.2 |
Sharpe Ratio | 1 |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mirae Asset Low Duration Fund Direct (G) | 8,51,432 | 1,18,820 | 6.2% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Debt Holdings
Others
10.75%Canara Bank
5.73%Reserve Bank of India
5.27%REC Ltd.
4.3%ICICI Bank Ltd.
3.34%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,714 cr | ||
₹ 4,444 cr | ||
₹ 12,517 cr | ||
₹ 15,117 cr | ||
₹ 55,112 cr |
About the AMC
Mirae Asset Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
6.7% | 6.7% | ||
17.7% | 22.2% | ||
10.4% | 11.7% | ||
15.6% | 22.8% | ||
18.2% | 15.7% |
Mirae Asset Low Duration Fund Direct Growth Calculator
Investment Duration5 years
7,32,612
Total Investment1,18,820
Wealth Gained8,51,432
Total Corpus Created (₹)
With CAGR of 6.237 % in 5 yearsFrequently Asked Questions
What is the expense ratio for Mirae Asset Low Duration Fund Direct Plan Growth?
What is the current AUM of Mirae Asset Low Duration Fund Direct Growth?
What is the latest NAV of Mirae Asset Low Duration Fund Direct Growth?
What is the Riskometer rating for Mirae Asset Low Duration Fund Direct Plan Growth?
Which are the top sector holdings in Mirae Asset Low Duration Fund Direct Plan?
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What is the asset allocation of Mirae Asset Low Duration Fund Direct Plan Growth?
What has been the performance of Mirae Asset Low Duration Fund Direct Growth returns?
Does Mirae Asset Low Duration Fund Direct Growth have a lock-in period?
Can I invest in both SIP and lump sum options in Mirae Asset Low Duration Fund Direct Plan Growth?
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