- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Short Term fund (Growth)
Mirae Asset Short Term fund (Growth)
₹ 13.796
NAV (Sep 29)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical 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
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
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mirae Asset Short Term fund (Growth) | 8,50,655 | 1,18,043 | 6.2% | |
| 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.
Asset allocation and Holdings
Top Debt Holdings
7.06% govt stock 2028
11.2%treps
9.9%7.26% govt stock 2033
5.8%8.51% govt stock 2033
5.1%muthoot finance limited
3.8%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 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
| Fund Name | Scripbox 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)?
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.