- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Low Duration Fund Low Duration Plan of Inc Discumcptlwdrl (RIDCW-M)
Formerly Mirae Asset Savings Reg Svg Mn IDCW-R
Mirae Asset Low Duration Fund Low Duration Plan of Inc Discumcptlwdrl (RIDCW-M)
₹ 1093.1225
NAV (Apr 18)
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 Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1093.1225
NAV (Apr 18)
Fund Returns
Last 1Y | 6.9% |
Last 3Y | 5% |
Last 5Y | 4.8% |
Last 10Y | 4.9% |
Since Inception | 3.8% |
6 Month CAGR | 3.6% |
Scheme Information
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 | INF769K01AA0 |
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) | -1.122 |
Sharpe Ratio (5yr) | -0.377 |
YTM | 8.01 |
Fund Managers
Returns Calculator Comparison
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with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mirae Asset Low Duration Fund Low Duration Plan of Inc Discumcptlwdrl (RIDCW-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.
Asset allocation and Holdings
Top Debt Holdings
punjab national bank
4.8%power finance corporation limited
4%indian bank
3.8%embassy office parks reit
3%bajaj housing finance limited
3%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
Mirae Asset Global Inv (India) Pvt. Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
18.2% | 18.7% | ||
17.3% | 18.2% | ||
24% | 27% | ||
10.6% | 11.3% | ||
15% | 20.9% |
Mirae Asset Low Duration Fund Low Duration Plan of Inc Discumcptlwdrl (RIDCW-M) Review
Mirae Asset Low Duration Fund Low Duration Plan of Inc Discumcptlwdrl (RIDCW-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-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 Low Duration Plan of Inc Discumcptlwdrl (RIDCW-M) as of 4/18/2024 is ₹1093.12 with the total AUM as of 4/19/2024 is ₹493.936. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Low Duration Fund Low Duration Plan of Inc Discumcptlwdrl (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 Low Duration Plan of Inc Discumcptlwdrl (RIDCW-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 of Inc Discumcptlwdrl (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 Low Duration Plan of Inc Discumcptlwdrl (RIDCW-M) is rated as a 2 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 of Inc Discumcptlwdrl (RIDCW-M).
Frequently Asked Questions
What is Mirae Asset Low Duration Fund Low Duration Plan of Inc Discumcptlwdrl (RIDCW-M)?
How to invest in Mirae Asset Low Duration Fund Low Duration Plan of Inc Discumcptlwdrl (RIDCW-M)?
You can invest in Mirae Asset Low Duration Fund Low Duration Plan of Inc Discumcptlwdrl (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 Low Duration Plan of Inc Discumcptlwdrl (RIDCW-M)?
The minimum sip amount for Mirae Asset Low Duration Fund Low Duration Plan of Inc Discumcptlwdrl (RIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is Mirae Asset Low Duration Fund Low Duration Plan of Inc Discumcptlwdrl (RIDCW-M) good to invest in?
As per Scripbox experts, Mirae Asset Low Duration Fund Low Duration Plan of Inc Discumcptlwdrl (RIDCW-M) is a Neutral fund. You can investMirae Asset Low Duration Fund Low Duration Plan of Inc Discumcptlwdrl (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 Low Duration Plan of Inc Discumcptlwdrl (RIDCW-M)?
The expense ratio of the Mirae Asset Low Duration Fund Low Duration Plan of Inc Discumcptlwdrl (RIDCW-M) is 0.88% for regular plan.