Formerly Mirae Asset Savings Reg Dl DR
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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
₹ 693 Cr
The performance of the fund on a Fund Size metric has been Neutral
The performance of the fund on a Rolling Returns metric has been Neutral
View all 8 analysis
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NAV (Oct 31)
6 Month CAGR
The investment objective of the scheme is to seek to generate returns with a portfolio comprising of debt and money market instruments,such that Macaulay duration of the portfolio is between 6 months - 12 months. The Scheme does not guarantee any returns.
Launched (14y ago)
Mar 05, 2008
AUM in Crores
NIFTY Low Duration Debt TR INR
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
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.
hdfc bank limited5.7%
shriram transport finance company limited4.4%
jamnagar utilities & power private limited3.6%
housing development finance corporation limited3.6%
|Fund Name||Fund Size||Rolling Returns|
₹ 48,600 cr
₹ 15,110 cr
₹ 15,466 cr
₹ 15,116 cr
₹ 48,600 cr
Mirae Asset Global Inv (India) Pvt. Ltd
Mirae Asset Investment Managers (India) Private Limited manages assets worth 111,352 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 29 equity,36 debt and 9 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
Mirae Asset Savings Fund Fund (RIDCW-D) is a Low Duration Debt fund and has delivered an annualised return of 5.5% over a period of 14 years. The fund was previously known as Mirae Asset Savings Reg Dl DR. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund managers are Kruti Chheta, Mahendra Jajoo.
Nav of Mirae Asset Savings Fund Fund (RIDCW-D) as of 10/31/2019 is ₹1872.33 with the total AUM as of 10/5/2022 is ₹692.785. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Savings Fund Fund (RIDCW-D) was launched on Mar 05, 2008. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for Mirae Asset Savings Fund Fund (RIDCW-D) 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 Savings Fund Fund (RIDCW-D) 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 Low Duration Debt TR INR.
Mirae Asset Savings Fund Fund (RIDCW-D) is rated as a 3 fund in Debt and delivered 7.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Savings Fund Fund (RIDCW-D).
What is Mirae Asset Savings Fund Fund (RIDCW-D)?
How to invest in Mirae Asset Savings Fund Fund (RIDCW-D)?
You can invest in Mirae Asset Savings Fund Fund (RIDCW-D) 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 Savings Fund Fund (RIDCW-D)?
The minimum sip amount for Mirae Asset Savings Fund Fund (RIDCW-D) is ₹0. You can invest in multiples of ₹5000.
Is Mirae Asset Savings Fund Fund (RIDCW-D) good to invest in?
As per Scripbox experts, Mirae Asset Savings Fund Fund (RIDCW-D) is a Neutral fund. You can investMirae Asset Savings Fund Fund (RIDCW-D) 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 Savings Fund Fund (RIDCW-D)?
The expense ratio of the Mirae Asset Savings Fund Fund (RIDCW-D) is 0.93% for regular plan.