Mirae Asset Short Term Fund – Direct Growth

Debt · Short Duration
 · ★★★
1,000
Min SIP
5,000
Min Lumpsum
0.33 %
Expense Ratio
★★★
Rating
395
Fund Size (in Cr)
6 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 7.3% 5.2% 7.1% 6.8%
Category Average 18.2% 21.6% 13.9% -

Scheme Allocation

By Holding
By Sector
By Asset
TREPS
6.82%
Indian Bank
5.97%
Madhya Pradesh 2025
4.72%
Bank of Baroda
4.63%
I O C L
4.09%
Others
73.78%
View all Holdings
Holdings Sector Instrument Asset
TREPS - - 6.82%
Indian Bank - - 5.97%
Madhya Pradesh 2025 - - 4.72%
Bank of Baroda - - 4.63%
I O C L - - 4.09%
Shriram Trans. - - 3.6%
GSEC2033 - - 3.57%
H P C L - - 3.56%
Cholaman.Inv.&Fn - - 3.53%
E X I M Bank - - 2.91%
GSEC2029 - - 2.84%
Muthoot Finance - - 2.39%
Bajaj Housing - - 2.37%
Mahindra Rural - - 2.37%
TBILL-364D - - 2.35%
Bajaj Finance - - 2.33%
Embassy Off.REIT - - 2.32%
Jamnagar Utiliti - - 2.28%
N A B A R D - - 2.28%
GSEC2026 - - 2.28%
S I D B I - - 2.25%
GSEC2027 - - 2.17%
GSEC2032 - - 1.67%
MAHARASHTRA 2026 - - 1.2%
REC Ltd - - 1.19%
C P C L - - 1.19%
NTPC - - 1.19%
LIC Housing Fin. - - 1.19%
Tata Cap.Hsg. - - 1.17%
B P C L - - 1.15%
GSEC2025 - - 0.86%
H D F C - - 0.72%
KARNATAKA 2027 - - 0.61%
Net CA & Others - - -0.19%
Others
100%
View all Sectors
Sectors Asset
Corporate Debentures
62.7%
Govt Securities / Sovereign
27.79%
Reverse Repos
9.91%
Net Curr Ass/Net Receivables
-0.4%
Others
0%

Advance Ratio

4.32
Alpha
0.4
SD
0.04
Beta
3.69
Sharpe

Exit Load

Exit Load Nil

Fund Objective

The investment objective of the scheme is to seek to generate retuns through an actively managed diversified portfolio of debt and money market instruments with Macaulay duration of portfolio between 1 year to 3 year. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Fund Managers

Basant Bafna

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 Short Term Fund – Direct Growth ?

You can invest in Mirae Asset Short Term 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 Short Term 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 Short Term Fund – Direct Growth ?

The NAV of Mirae Asset Short Term Fund – Direct Growth is ₹14.4 as of 29 September 2023.

How to redeem Mirae Asset Short Term 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 Short Term Fund – Direct Growth?

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

How can I redeem my investments in Mirae Asset Short Term 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 Short Term Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.

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

The Mirae Asset Short Term Fund – Direct Growth has delivered 6.8% since inception

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

The expense ratio of Mirae Asset Short Term Fund – Direct Growth is 0.33 % as of 29 September 2023.

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

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

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

The top stock holdings of Mirae Asset Short Term Fund – Direct Growth are
  1. TREPS - 6.82%
  2. Indian Bank - 5.97%
  3. REC Ltd - 4.74%
  4. Madhya Pradesh 2025 - 4.72%
  5. Bank of Baroda - 4.63%

Can I make investments in both the SIP and Lump Sum schemes of Mirae Asset Short Term Fund – Direct Growth?

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