Mirae Asset Savings Fund – Direct Growth

Debt · Low Duration
 · ★★★
1,000
Min SIP
5,000
Min Lumpsum
0.32 %
Expense Ratio
★★★
Rating
572
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 September 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 7.1% 5.1% 6% 6.9%
Category Average 18.2% 21.6% 13.9% -

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
Certificate of Deposit
38.49%
Corporate Debentures
31.01%
Commercial Paper
15.98%
Govt Securities / Sovereign
7.6%
Reverse Repos
3.71%
Others
3.21%
View all Assets
Assets Asset
Certificate of Deposit 38.49%
Corporate Debentures 31.01%
Commercial Paper 15.98%
Govt Securities / Sovereign 7.6%
Reverse Repos 3.71%
T-Bills 3.35%
Net Curr Ass/Net Receivables -0.15%

Advance Ratio

4.65
Alpha
0.22
SD
0.02
Beta
6.72
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:
1,24,824 Cr
Address:
Unit 606,6th Flr,Windsor Off. CST Road,Kalina, Santacruz(E),Mumbai-400098
Contact:
022-67800300
Email ID:
customercare@miraeasset.com

Frequently Asked Questions

How to invest in Mirae Asset Savings Fund – Direct Growth ?

You can invest in Mirae Asset Savings Fund – Direct Growth 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 Savings Fund – Direct Growth 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 Savings Fund – Direct Growth ?

The NAV of Mirae Asset Savings Fund – Direct Growth is ₹2,145.8 as of 29 September 2023.

How to redeem Mirae Asset Savings Fund – Direct Growth 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 Savings Fund – Direct Growth?

The minimum SIP amount of Mirae Asset Savings Fund – Direct Growth is ₹1000

How can I redeem my investments in Mirae Asset Savings Fund – Direct Growth?

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 Savings Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.

How much returns have Mirae Asset Savings Fund – Direct Growth generated ?

The Mirae Asset Savings Fund – Direct Growth has delivered 6.9% since inception

What is the expense ratio of Mirae Asset Savings Fund – Direct Growth ?

The expense ratio of Mirae Asset Savings Fund – Direct Growth is 0.32 % as of 29 September 2023.

What is the AUM of Mirae Asset Savings Fund – Direct Growth?

The AUM of Mirae Asset Savings Fund – Direct Growth is ₹1,24,824 Cr as of 29 September 2023

What are the top stock holdings of Mirae Asset Savings Fund – Direct Growth?

The top stock holdings of Mirae Asset Savings Fund – Direct Growth 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 Savings Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of Mirae Asset Savings Fund – Direct Growth based on your investment objective and risk tolerance.
Invest Now