• Mutual Funds
  • Mirae Asset Mutual Fund
  • Mirae Asset Low Duration Fund (Growth)

Formerly Mirae Asset Savings Reg Gr

Mirae Asset Mutual Fund

Mirae Asset Low Duration Fund (Growth)

DebtLow Duration

1963.0727

NAV (Oct 31)

6.3%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in low duration mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Neutral

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

Rolling Returns

Poor

The performance of the fund on a Rolling Returns metric has been Poor

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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

NAV ()

Fund Returns

Last 1Y
NA
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
NA
6 Month CAGR
NA

Scheme Information

Investment Objective

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.

Expense Ratio
0.87
Launched (16y ago)
Mar 05, 2008
AUM in Crores
606.201
ISIN
INF769K01846
Lock-in
No Lock-in
Benchmark
NIFTY Low Duration Debt TR INR
SIP Minimum
0
Lumpsum Min.
5000
Standard Deviation (3yr)
1.1
Standard Deviation (5yr)
0.9
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.075
Sharpe Ratio (5yr)
-0.253
YTM
7.78
Fund Managers

Basant Bafna

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 Low Duration Fund (Growth)70%8,59,104 1,26,4926.6%
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 2019-10-31

Top Debt Holdings

icici bank limited

5.5%
5.5%

india (republic of)

4%
4%

punjab national bank

3.9%
3.9%

360 one prime ltd.

3.2%
3.2%

embassy office parks reit

2.9%
2.9%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 26 60 40 fund (G)
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 26 60 40 fund (G)

₹ 10,797 cr

₹ 4,984 cr

₹ 49,300 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 165,656 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

16.8%

19.3%

16%

18.7%

22.2%

28.2%

10.1%

11.7%

13.7%

21.5%

Mirae Asset Low Duration Fund (G) Review

Mirae Asset Low Duration Fund (G) is a Low Duration Debt fund and has delivered an annualised return of 6% over a period of 16 years. The fund was previously known as Mirae Asset Savings Reg Gr. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund manager’s name is Basant Bafna.

Nav of Mirae Asset Low Duration Fund (G) as of 10/31/2019 is ₹1963.07 with the total AUM as of 6/12/2024 is ₹606.201. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Low Duration Fund (G) was launched on Mar 05, 2008. The category risk of the fund is Moderate Risk.

The minimum SIP amount for Mirae Asset Low Duration 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 Low Duration 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 Low Duration Debt TR INR.

Mirae Asset Low Duration Fund (G) is rated as a 2 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 Low Duration Fund (G).

Frequently Asked Questions

What is Mirae Asset Low Duration Fund (G)?

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

How to invest in Mirae Asset Low Duration Fund (G)?

You can invest in Mirae Asset Low Duration 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 Low Duration Fund (G)?

The minimum sip amount for Mirae Asset Low Duration Fund (G) is ₹0. You can invest in multiples of ₹5000.

Is Mirae Asset Low Duration Fund (G) good to invest in?

As per Scripbox experts, Mirae Asset Low Duration Fund (G) is a Neutral fund. You can investMirae Asset Low Duration 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 Low Duration Fund (G)?

The expense ratio of the Mirae Asset Low Duration Fund (G) is 0.87% for regular plan.