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  • Mirae Asset Mutual Fund
  • Mirae Asset Short Term fund (Growth)
Mirae Asset Mutual Fund

Mirae Asset Short Term fund (Growth)

DebtShort Term

13.796

NAV (Sep 29)

4.3%
3 Year CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Rolling Returns

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

13.796

NAV (Sep 29)

Fund Returns

Last 1Y
6.4%
Last 3Y
4.3%
Last 5Y
6.2%
Last 10Y
NA
Since Inception
6%
6 Month CAGR
3.3%

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
1.15
Launched (5y ago)
Mar 16, 2018
AUM in Crores
400.858
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)
1.2
Standard Deviation (5yr)
1.5
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0
Sharpe Ratio (5yr)
0
YTM
7.65
Fund Managers

Basant Bafna

Fund Manager

Amit Modani

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Mirae Asset Short Term fund (Growth)70%8,50,655 1,18,0436.2%
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 2023-09-29

Top Debt Holdings

7.06% govt stock 2028

11.2%
11.2%

treps

9.9%
9.9%

7.26% govt stock 2033

5.8%
5.8%

8.51% govt stock 2033

5.1%
5.1%

muthoot finance limited

3.8%
3.8%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 44,468 cr

₹ 18,357 cr

₹ 10,408 cr

₹ 14,357 cr

₹ 9,121 cr

About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 138,888 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 29 equity,42 debt and 6 hybrid funds.amc-img
022-67800300
customercare@miraeasset.com
Fund NameScripbox Opinion
Till Date CAGR

23.7%

17.9%

22.6%

17.3%

14.7%

19.7%

12.6%

10.9%

24.8%

20.1%

Mirae Asset Short Term fund (G) Review

Mirae Asset Short Term fund (G) is a Short Term Debt fund and has delivered an annualised return of 6% over a period of 5 years. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund managers are Amit Modani, Basant Bafna.

Nav of Mirae Asset Short Term fund (G) as of 9/29/2023 is ₹13.80 with the total AUM as of 10/3/2023 is ₹400.858. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Short Term 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 Term 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 Term 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 Term fund (G) is rated as a 0 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 Term fund (G).

Frequently Asked Questions

What is Mirae Asset Short Term fund (G)?

Mirae Asset Short Term 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 Term fund (G)?

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

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

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

As per Scripbox experts, Mirae Asset Short Term fund (G) is a Not Reviewed Yet fund. You can investMirae Asset Short Term 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 Term fund (G)?

The expense ratio of the Mirae Asset Short Term fund (G) is 1.15% for regular plan.