Mirae Asset Corporate Bond Fund – Direct (IDCW)

Debt · Corporate Bond
1,000
Min SIP
5,000
Min Lumpsum
0.46 %
Expense Ratio
Rating
58
Fund Size (in Cr)
3 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 12 January 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 6.7% - - 5%
Category Average 22.7% 15% 16.5% -

Scheme Allocation

By Holding
By Sector
By Asset
TREPS
8.69%
GSEC2027
8.07%
Larsen & Toubro
7.99%
N A B A R D
7.96%
NTPC
7.96%
Others
59.34%
View all Holdings
Holdings Sector Instrument Asset
TREPS - - 8.69%
GSEC2027 - - 8.07%
Larsen & Toubro - - 7.99%
N A B A R D - - 7.96%
NTPC - - 7.96%
Power Fin.Corpn. - - 7.91%
Natl. Hous. Bank - - 7.81%
Sundaram Finance - - 7.8%
E X I M Bank - - 7.8%
S I D B I - - 7.79%
Sikka Ports - - 7.78%
UltraTech Cem. - - 7.76%
Net CA & Others - - 3.11%
GSEC2029 - - 1.59%
Others
100%
View all Sectors
Sectors Asset
Corporate Debentures
77.99%
Govt Securities / Sovereign
16.56%
Net Curr Ass/Net Receivables
2.9%
Reverse Repos
2.29%
Others
0.27%
View all Assets
Assets Asset
Corporate Debentures 77.99%
Govt Securities / Sovereign 16.56%
Net Curr Ass/Net Receivables 2.9%
Reverse Repos 2.29%

Advance Ratio

0.01
Alpha
0.06
SD
0.01
Beta
0.14
Sharpe

Exit Load

Exit Load Nil

Fund Objective

The investment objective of the scheme is to provide income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds. The Scheme does not guarantee or assure any returns.

Fund Managers

Mahendra Jajoo

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Mirae Asset Mutual Fund
AUM:
1,49,503 Cr
Address:
Unit 606,6th Flr,Windsor Off. CST Road,Kalina, Santacruz(E),Mumbai-400098
Contact:
022-67800300
Email ID:
customercare@miraeasset.com

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Frequently Asked Questions

How to invest in Mirae Asset Corporate Bond Fund – Direct (IDCW) ?

You can invest in Mirae Asset Corporate Bond Fund – Direct (IDCW) in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Mirae Asset Corporate Bond Fund – Direct (IDCW) in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Mirae Asset Corporate Bond Fund – Direct (IDCW) ?

The NAV of Mirae Asset Corporate Bond Fund – Direct (IDCW) is ₹11.4 as of 12 January 2024.

How to redeem Mirae Asset Corporate Bond Fund – Direct (IDCW) holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Mirae Asset Corporate Bond Fund – Direct (IDCW)?

The minimum SIP amount of Mirae Asset Corporate Bond Fund – Direct (IDCW) is ₹1000

How can I redeem my investments in Mirae Asset Corporate Bond Fund – Direct (IDCW)?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Mirae Asset Corporate Bond Fund – Direct (IDCW) in Scheme, enter the redemption amount, and click on submit button.

How much returns have Mirae Asset Corporate Bond Fund – Direct (IDCW) generated ?

The Mirae Asset Corporate Bond Fund – Direct (IDCW) has delivered 5% since inception

What is the expense ratio of Mirae Asset Corporate Bond Fund – Direct (IDCW) ?

The expense ratio of Mirae Asset Corporate Bond Fund – Direct (IDCW) is 0.46 % as of 12 January 2024.

What is the AUM of Mirae Asset Corporate Bond Fund – Direct (IDCW)?

The AUM of Mirae Asset Corporate Bond Fund – Direct (IDCW) is ₹1,49,503 Cr as of 12 January 2024

What are the top stock holdings of Mirae Asset Corporate Bond Fund – Direct (IDCW)?

The top stock holdings of Mirae Asset Corporate Bond Fund – Direct (IDCW) are
  1. TREPS - 8.69%
  2. GSEC2027 - 8.07%
  3. Larsen & Toubro - 7.99%
  4. N A B A R D - 7.96%
  5. NTPC - 7.96%

Can I make investments in both the SIP and Lump Sum schemes of Mirae Asset Corporate Bond Fund – Direct (IDCW)?

Yes, You can select both SIP or Lumpsum investment of Mirae Asset Corporate Bond Fund – Direct (IDCW) based on your investment objective and risk tolerance.
Invest Now