Mirae Asset Savings Fund

Debt | Low Duration Funds
 | 3
Monthly Amount Invested
Duration
Yr
  • Would Have Become
    --
  • Invested Value
    --
  • Total Gain
    --
  • Returns
    -- per annum
₹1,000 ₹5,000 0.37 % 3★ ₹606 10 Years
Min SIP Min Lumpsum Expense Ratio Rating Fund Size (in Cr) Fund Age
₹1,000 ₹5,000 0.37 %
Min SIP Min Lumpsum Expense Ratio
3★ ₹606 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 21 March 2023 )
1 Year1Y 3 Years3Y 5 Years5Y MaxMax
Trailing Returns 5.2% 5.6% 5.9% 6.9%
Category Average 1.7% 32.4% 13.3% -

Scheme Allocation

Holding
Sector
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%
Others
100%
Certificate of Deposit
39.76%
Corporate Debentures
26.12%
Commercial Paper
16.02%
Govt Securities / Sovereign
6.71%
Reverse Repos
5.67%
Others
5.72%

Fund House Details

Mirae Asset Mutual Fund

Mirae Asset Savings Fund

Fund Manager
Kruti Chheta

Exit Load

Exit Load NIL

Advance Ratio

0 0.03 0.01 0.12
Alpha SD Beta Sharpe

Risk-O-Meter

Other Funds from the same Fund House

Peer Comparison

AMC Contact Details

Mirae Asset Mutual Fund
AUM:
1,16,910 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 ₹2,065.8 as of 21 March 2023.
The expense ratio of Mirae Asset Savings Fund is 0.37 % as of 21 March 2023.
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”.
The AUM of Mirae Asset Savings Fund is ₹1,16,910 Cr as of 21 March 2023
The minimum SIP amount of Mirae Asset Savings Fund is ₹1000
The top stock holdings of Mirae Asset Savings Fund 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%
Invest Now