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  • Mirae Asset Mutual Fund
  • Mirae Asset Nifty SDL Jun 2027 Index Fund (Growth)
Mirae Asset Mutual Fund

Mirae Asset Nifty SDL Jun 2027 Index Fund (Growth)

DebtTarget Maturity Fund

11.2065

NAV (May 24)

7.56%
YTM
Scripbox Opinion
Neutral
Click here for top ranked funds in target maturity fund mutual funds.

Target maturity fund 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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Internal View on Credit Quality

Category Leader

The fund has been a Category Leader on the Internal View on Credit Quality metric

Scripbox Recommended Target Maturity Funds
Scripbox Recommended Target Maturity Funds have you covered with a portfolio of the two best Target Maturity Funds for your fixed income and stability needs.?Learn more

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

11.2065

NAV (May 24)

Fund Returns

Last 1Y
6.7%
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
5.4%
6 Month CAGR
4.4%

Scheme Information

Investment Objective

The investment objective of the scheme is to track the Nifty SDL Jun 2027 Index by investing in State Development Loans (SDL),maturing on or before June 15,2027,subject to tracking errors. However,there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Expense Ratio
0.35
Launched (2y ago)
Mar 30, 2022
AUM in Crores
795.620
ISIN
INF769K01IE5
Lock-in
No Lock-in
Benchmark
Nifty SDL Jun 2027 TR INR
SIP Minimum
0
Lumpsum Min.
5000
Standard Deviation (3yr)
0
Standard Deviation (5yr)
0
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0
Sharpe Ratio (5yr)
0
YTM
7.56
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 Nifty SDL Jun 2027 Index Fund (Growth)70%8,61,233 1,28,6216.7%
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

07.51 mh sdl 2027

9.5%
9.5%

07.69 hr sdl 2027

5.7%
5.7%

07.76 mp sdl 2027

4.4%
4.4%

07.86 ka sdl 2027

4.2%
4.2%

07.59 ka sdl 2027mar

3.9%
3.9%
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 Nifty SDL Jun 2027 Index Fund (G) Review

Mirae Asset Nifty SDL Jun 2027 Index Fund (G) is a Target Maturity Fund Debt fund and has delivered an annualised return of 5.4% over a period of 2 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 Nifty SDL Jun 2027 Index Fund (G) as of 5/24/2024 is ₹11.21 with the total AUM as of 5/27/2024 is ₹795.62. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Nifty SDL Jun 2027 Index Fund (G) was launched on Mar 30, 2022. The category risk of the fund is Low to Moderate Risk.

The minimum SIP amount for Mirae Asset Nifty SDL Jun 2027 Index Fund (G) is ₹0 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 Nifty SDL Jun 2027 Index 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 Nifty SDL Jun 2027 TR INR.

Mirae Asset Nifty SDL Jun 2027 Index Fund (G) is rated as a 2 fund in Debt and delivered 6.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Nifty SDL Jun 2027 Index Fund (G).

Frequently Asked Questions

What is Mirae Asset Nifty SDL Jun 2027 Index Fund (G)?

Mirae Asset Nifty SDL Jun 2027 Index Fund (G) is a Target Maturity Fund Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Mirae Asset Nifty SDL Jun 2027 Index Fund (G)?

You can invest in Mirae Asset Nifty SDL Jun 2027 Index 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 Nifty SDL Jun 2027 Index Fund (G)?

The minimum sip amount for Mirae Asset Nifty SDL Jun 2027 Index Fund (G) is ₹0. You can invest in multiples of ₹5000.

Is Mirae Asset Nifty SDL Jun 2027 Index Fund (G) good to invest in?

As per Scripbox experts, Mirae Asset Nifty SDL Jun 2027 Index Fund (G) is a Neutral fund. You can investMirae Asset Nifty SDL Jun 2027 Index 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 Nifty SDL Jun 2027 Index Fund (G)?

The expense ratio of the Mirae Asset Nifty SDL Jun 2027 Index Fund (G) is 0.35% for regular plan.