Formerly Mirae Asset Savings Reg Svg Mn IDCW-P
₹ 1087.373
NAV (Mar 27)
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₹ 1087.373
NAV (Mar 27)
Last 1Y | 6.9% |
Last 3Y | 4.9% |
Last 5Y | 4.8% |
Last 10Y | 4.9% |
Since Inception | 3.8% |
6 Month CAGR | 3.3% |
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 | 0.89 |
Launched (16y ago) | Mar 05, 2008 |
AUM in Crores | 459.185 |
ISIN | INF769K01960 |
Lock-in | No Lock-in |
Benchmark | NIFTY Low Duration Debt TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.6 |
Standard Deviation (5yr) | 1 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -1.107 |
Sharpe Ratio (5yr) | -0.359 |
YTM | 8.01 |
of
for
with step up of
Asset | Returns | Total Corpus | Gains | CAGR |
---|---|---|---|---|
Mirae Asset Low Duration Fund Low Duration Plan (PIDCW-M) | 8,21,924 | 89,312 | 4.8% | |
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.
small industries development bank of india
5.4%ongc petro additions limited
3.3%bajaj housing finance limited
3.3%lic housing finance ltd
3.2%embassy office parks reit
3.2%Fund Name | Fund Size | Rolling Returns |
---|---|---|
₹ 45,349 cr | ||
₹ 14,455 cr | ||
₹ 13,853 cr | ||
₹ 12,072 cr | ||
₹ 11,011 cr |
Mirae Asset Global Inv (India) Pvt. Ltd
Fund Name | Scripbox Opinion | Till Date CAGR | |
---|---|---|---|
17.4% | 18.5% | ||
16.6% | 17.9% | ||
19% | 21.3% | ||
10.6% | 11.3% | ||
18.3% | 20.4% |
Mirae Asset Low Duration Fund Low Duration Plan (PIDCW-M) is a Low Duration Debt fund and has delivered an annualised return of 3.8% over a period of 16 years. The fund was previously known as Mirae Asset Savings Reg Svg Mn IDCW-P. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund managers are Basant Bafna, Kruti Chheta.
Nav of Mirae Asset Low Duration Fund Low Duration Plan (PIDCW-M) as of 3/27/2024 is ₹1087.37 with the total AUM as of 3/28/2024 is ₹459.185. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Low Duration Fund Low Duration Plan (PIDCW-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 Low Duration Plan (PIDCW-M) is ₹1000 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 Low Duration Plan (PIDCW-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 Low Duration Plan (PIDCW-M) is rated as a 1 fund in Debt and delivered 6.9% 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 Low Duration Plan (PIDCW-M).
What is Mirae Asset Low Duration Fund Low Duration Plan (PIDCW-M)?
How to invest in Mirae Asset Low Duration Fund Low Duration Plan (PIDCW-M)?
You can invest in Mirae Asset Low Duration Fund Low Duration Plan (PIDCW-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 Low Duration Plan (PIDCW-M)?
The minimum sip amount for Mirae Asset Low Duration Fund Low Duration Plan (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is Mirae Asset Low Duration Fund Low Duration Plan (PIDCW-M) good to invest in?
As per Scripbox experts, Mirae Asset Low Duration Fund Low Duration Plan (PIDCW-M) is a Not Recommended fund. You can investMirae Asset Low Duration Fund Low Duration Plan (PIDCW-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 Low Duration Plan (PIDCW-M)?
The expense ratio of the Mirae Asset Low Duration Fund Low Duration Plan (PIDCW-M) is 0.89% for regular plan.