Mirae Asset Savings Fund

Debt | Low Duration Funds
 | 2
Monthly Amount Invested
Duration
Yr
  • Would Have Become
    --
  • Invested Value
    --
  • Total Gain
    --
  • Returns
    -- per annum
₹1,000 ₹5,000 0.36 % 2★ ₹662 10 Years
Min SIP Min Lumpsum Expense Ratio Rating Fund Size (in Cr) Fund Age
₹1,000 ₹5,000 0.36 %
Min SIP Min Lumpsum Expense Ratio
2★ ₹662 Cr 10 Years
Rating Fund Size Fund Age

Scheme 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.

Scheme Performance

Returns and Ranks ( as on 02 December 2022 )
1 Year1Y 3 Years3Y 5 Years5Y MaxMax
Trailing Returns 4.4% 5.0% 5.8% 6.9%
Category Average 9.0% 16.9% 15.2% -

Scheme Allocation

Holding
Sector
Asset
N A B A R D
5.65%
Shriram Trans.
4.98%
TAMIL NADU SDL 2023
4.16%
Jamnagar Utiliti
4.13%
Rel. Retail Vent
4.09%
Others
76.99%
Others
100%
Corporate Debentures
39.6%
Certificate of Deposit
30.46%
Commercial Paper
13.9%
Govt Securities / Sovereign
9.09%
T-Bills
3.23%
Others
3.72%

Fund House Details

Mirae Asset Mutual Fund

Mirae Asset Savings Fund

Fund Manager
Mahendra Jajoo

Exit Load

Exit Load NIL

Advance Ratio

0 0.03 0 0
Alpha SD Beta Sharpe

Risk-O-Meter

Other Funds from the same Fund House

AMC Contact Details

Mirae Asset Mutual Fund
AUM:
1,10,974 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

You can invest in Mirae Asset Savings Fund 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 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"
The Mirae Asset Savings Fund has delivered 6.9% since inception
The NAV of Mirae Asset Savings Fund is ₹2,026.0 as of 02 December 2022.
The expense ratio of Mirae Asset Savings Fund is 0.36 % as of 02 December 2022.
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”.
Invest Now