• Mutual Funds
  • Mirae Asset Mutual Fund
  • Mirae Asset Short Duration fund (Growth)

Formerly Mirae Asset Short Duration Reg Gr

Mirae Asset Mutual Fund

Mirae Asset Short Duration fund (Growth)

DebtShort Term

14.4792

NAV (Jun 19)

4.9%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in short term mutual funds.

Short term 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.

Short Term Funds invest in debt and money market instruments such that the duration of the portfolio is between 1 to 3 years.This exposes them to higher variations when interest rates change.

The category is one of the largest categories within the Debt Segment (9% of the total assets).

We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.

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

Scripbox Recommended Debt Funds
Want the Debt funds that are right for your short term investment needs?Learn more

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

14.4792

NAV (Jun 19)

Fund Returns

Last 1Y
6.4%
Last 3Y
4.9%
Last 5Y
5.8%
Last 10Y
NA
Since Inception
6.1%
6 Month CAGR
3.6%

Scheme Information

Investment Objective

The investment objective of the scheme is to seek to generate returns through an actively managed diversified portfolio of debt and money market instruments with Macaulay duration of the portfolio is between 1 year to 3 years.However,there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Expense Ratio
1.13
Launched (6y ago)
Mar 16, 2018
AUM in Crores
336.439
ISIN
INF769K01DU2
Lock-in
No Lock-in
Benchmark
CRISIL Short Duration Debt B-II TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
1
Standard Deviation (5yr)
1.4
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-0.896
Sharpe Ratio (5yr)
0.445
YTM
7.75
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 Short Duration fund (Growth)70%8,42,314 1,09,7025.8%
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 2024-06-19

Top Debt Holdings

7.32% govt stock 2030

11.6%
11.6%

7.1% govt stock 2034

8.4%
8.4%

7.37% govt stock 2028

6%
6%

small industries development bank of india

4.3%
4.3%

bharti telecom limited

3.7%
3.7%
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

₹ 5,001 cr

₹ 46,422 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 165,648 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

17.7%

19.5%

16.9%

19%

24.2%

28.9%

15%

21.7%

10.5%

11.8%

Mirae Asset Short Duration fund (G) Review

Mirae Asset Short Duration fund (G) is a Short Term Debt fund and has delivered an annualised return of 6.1% over a period of 6 years. The fund was previously known as Mirae Asset Short Duration 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 Short Duration fund (G) as of 6/19/2024 is ₹14.48 with the total AUM as of 6/20/2024 is ₹336.439. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Short Duration fund (G) was launched on Mar 16, 2018. The category risk of the fund is Low to Moderate Risk.

The minimum SIP amount for Mirae Asset Short Duration fund (G) 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 Short 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 CRISIL Short Duration Debt B-II TR INR.

Mirae Asset Short Duration fund (G) is rated as a 2 fund in Debt and delivered 6.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Short Duration fund (G).

Frequently Asked Questions

What is Mirae Asset Short Duration fund (G)?

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

How to invest in Mirae Asset Short Duration fund (G)?

You can invest in Mirae Asset Short 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 Short Duration fund (G)?

The minimum sip amount for Mirae Asset Short Duration fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Mirae Asset Short Duration fund (G) good to invest in?

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

The expense ratio of the Mirae Asset Short Duration fund (G) is 1.13% for regular plan.