Formerly Mirae Asset Savings Reg Mn IDCW-R
₹ 1662.2469
NAV (Nov 16)
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.
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 years₹ 1662.2469
NAV (Nov 16)
Last 1Y | 6% |
Last 3Y | 6.7% |
Last 5Y | 7.2% |
Last 10Y | NA |
Since Inception | 5.6% |
6 Month CAGR | 3% |
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 | 0.88 |
Launched (16y ago) | Mar 05, 2008 |
AUM in Crores | 493.936 |
ISIN | INF769K01911 |
Lock-in | No Lock-in |
Benchmark | NIFTY Low Duration Debt TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.4 |
Standard Deviation (5yr) | 0.4 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.729 |
Sharpe Ratio (5yr) | -1.149 |
YTM | 8.01 |
of
for
with step up of
Asset | Returns | Total Corpus | Gains | CAGR |
---|---|---|---|---|
Mirae Asset Low Duration Fund (RIDCW-M) | 8,71,983 | 1,39,371 | 7.2% | |
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.
punjab national bank
4.8%power finance corporation limited
4%indian bank
3.8%embassy office parks reit
3%bajaj housing finance limited
3%Fund Name | Fund Size | Rolling Returns |
---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
Mirae Asset Global Inv (India) Pvt. Ltd
Fund Name | Scripbox Opinion | Till Date CAGR | |
---|---|---|---|
18.3% | 18.8% | ||
17.5% | 18.2% | ||
24.1% | 27.1% | ||
10.7% | 11.3% | ||
15.4% | 21.1% |
Mirae Asset Low Duration Fund (RIDCW-M) is a Low Duration Debt fund and has delivered an annualised return of 5.6% over a period of 16 years. The fund was previously known as Mirae Asset Savings Reg Mn IDCW-R. 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 (RIDCW-M) as of 11/16/2017 is ₹1662.25 with the total AUM as of 4/18/2024 is ₹493.936. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Low Duration Fund (RIDCW-M) 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 (RIDCW-M) 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 (RIDCW-M) 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 (RIDCW-M) is rated as a 2 fund in Debt and delivered 6% 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 (RIDCW-M).
What is Mirae Asset Low Duration Fund (RIDCW-M)?
How to invest in Mirae Asset Low Duration Fund (RIDCW-M)?
You can invest in Mirae Asset Low Duration Fund (RIDCW-M) 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 (RIDCW-M)?
The minimum sip amount for Mirae Asset Low Duration Fund (RIDCW-M) is ₹0. You can invest in multiples of ₹5000.
Is Mirae Asset Low Duration Fund (RIDCW-M) good to invest in?
As per Scripbox experts, Mirae Asset Low Duration Fund (RIDCW-M) is a Neutral fund. You can investMirae Asset Low Duration Fund (RIDCW-M) 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 (RIDCW-M)?
The expense ratio of the Mirae Asset Low Duration Fund (RIDCW-M) is 0.88% for regular plan.