Mirae Asset Low Duration Fund – Direct (IDCW-M)

Debt · Low Duration
1,000
Min SIP
5,000
Min Lumpsum
0.29 %
Expense Ratio
Rating
527
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 29 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 7.5% 5.5% 5.8% 4.7%
Category Average 24.6% 14.7% 16.5% -

Scheme Allocation

By Holding
By Sector
By Asset
N A B A R D
5.67%
Shriram Trans.
4.99%
Gujarat 2025
4.2%
Rel. Retail Vent
4.11%
IDFC First Bank
4.1%
Others
76.92%
View all Holdings
Holdings Sector Instrument Asset
N A B A R D - - 5.67%
Shriram Trans. - - 4.99%
Gujarat 2025 - - 4.2%
Rel. Retail Vent - - 4.11%
IDFC First Bank - - 4.1%
Birla Group - - 4.1%
Muthoot Finance - - 4.07%
HDFC Bank - - 4.07%
Axis Bank - - 4.07%
Canara Bank - - 4.07%
E X I M Bank - - 4.05%
St Bk of India - - 3.92%
Bank of Baroda - - 3.86%
TBILL-182D - - 3.25%
TREPS - - 2.84%
Indian Bank - - 2.48%
Bajaj Housing - - 2.47%
Mahindra Rural - - 2.47%
Natl. Hous. Bank - - 2.45%
Godrej Propert. - - 2.45%
Embassy Off.REIT - - 2.42%
Net CA & Others - - 2.03%
Motil.Oswal.Fin. - - 1.62%
S I D B I - - 1.57%
GSEC2027 - - 1.34%
H D F C - - 1.16%
GSEC2033 - - 1.03%
Tata Cap.Hsg. - - 0.83%
L&T Finance - - 0.83%
Larsen & Toubro - - 0.83%
LIC Housing Fin. - - 0.82%
Cholaman.Inv.&Fn - - 0.82%
O N G C - - 0.81%
ICICI Bank - - 0.79%
KARNATAKA 2027 - - 0.42%
GSEC2032 - - 0.17%
Others
100%
View all Sectors
Sectors Asset
Corporate Debentures
46.99%
Certificate of Deposit
28.28%
Commercial Paper
10.51%
Govt Securities / Sovereign
8.25%
Reverse Repos
3.84%
Others
2.13%
View all Assets
Assets Asset
Corporate Debentures 46.99%
Certificate of Deposit 28.28%
Commercial Paper 10.51%
Govt Securities / Sovereign 8.25%
Reverse Repos 3.84%
T-Bills 1.04%
Net Curr Ass/Net Receivables 0.76%

Advance Ratio

-1.7
Alpha
0.17
SD
0.01
Beta
-2.67
Sharpe

Exit Load

Exit Load NIL

Fund Objective

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.

Fund Managers

Kruti Chheta

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 Low Duration Fund – Direct (IDCW-M) ?

You can invest in Mirae Asset Low Duration Fund – Direct (IDCW-M) 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 Low Duration Fund – Direct (IDCW-M) 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 Low Duration Fund – Direct (IDCW-M) ?

The NAV of Mirae Asset Low Duration Fund – Direct (IDCW-M) is ₹1,160.3 as of 29 February 2024.

How to redeem Mirae Asset Low Duration Fund – Direct (IDCW-M) 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 Low Duration Fund – Direct (IDCW-M)?

The minimum SIP amount of Mirae Asset Low Duration Fund – Direct (IDCW-M) is ₹1000

How can I redeem my investments in Mirae Asset Low Duration Fund – Direct (IDCW-M)?

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 Low Duration Fund – Direct (IDCW-M) in Scheme, enter the redemption amount, and click on submit button.

How much returns have Mirae Asset Low Duration Fund – Direct (IDCW-M) generated ?

The Mirae Asset Low Duration Fund – Direct (IDCW-M) has delivered 4.7% since inception

What is the expense ratio of Mirae Asset Low Duration Fund – Direct (IDCW-M) ?

The expense ratio of Mirae Asset Low Duration Fund – Direct (IDCW-M) is 0.29 % as of 29 February 2024.

What is the AUM of Mirae Asset Low Duration Fund – Direct (IDCW-M)?

The AUM of Mirae Asset Low Duration Fund – Direct (IDCW-M) is ₹1,49,503 Cr as of 29 February 2024

What are the top stock holdings of Mirae Asset Low Duration Fund – Direct (IDCW-M)?

The top stock holdings of Mirae Asset Low Duration Fund – Direct (IDCW-M) are
  1. N A B A R D - 5.67%
  2. Shriram Trans. - 4.99%
  3. Gujarat 2025 - 4.2%
  4. Rel. Retail Vent - 4.11%
  5. IDFC First Bank - 4.1%

Can I make investments in both the SIP and Lump Sum schemes of Mirae Asset Low Duration Fund – Direct (IDCW-M)?

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