Mirae Asset Corporate Bond Fund Direct Growth
Mirae Asset Corporate Bond Fund Direct Growth

Mirae Asset Corporate Bond Fund Direct Growth

Compare
Debt
Direct
Corporate Bond

NAV: ₹ 10.7 as on 05-12-2022

Fund Performance
zero opening, trading, fund transfer fee
20 people have invested ₹ 47.6K in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
This Fund
0.9%
1.2%
2.9%
3.1%
Benchmark
0.7%
0.9%
2.6%
2.5%
About the Fund

Mirae Asset Corporate Bond Fund Direct Growth is a debt fund. This fund was started on  17 March, 2021. The fund is managed by Mahendra Jajoo. This fund is suitable to keep your money safe.

Key parameters

1) Mirae Asset Corporate Bond Fund Direct Growth has a NAV of 10.6972 as on 05-12-2022.

2) Mirae Asset Corporate Bond Fund Direct Growth has 63 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 0.46 %.

Fund Overview

Expense ratio
Expense ratio
0.46%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹63 Cr
Inception Date
Inception Date
17 March, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
177.18%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Oct'22

Sep'22

Aug'22

Corporate

61.9%

Government

35.1%

Cash Equivalent

3.1%

Top Holdings

  • All
  • Debt & Cash
Total Holdings14
Debt Holdings14
Holdings
Weight%
Holdings Trend
1M Change
icon
7.38% Govt Stock 2027
7.96%
0%
icon
Larsen And Toubro Limited
7.88%
0%
icon
Tata Capital Financial Services Limited
7.84%
0%
icon
National Bank For Agriculture And Rural Development
7.84%
100%
icon
Ntpc Limited
7.81%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 13 Cr in last 1M
Oct'22 return underperformed benchmark

Change in AUM

Oct'22
₹ 63.3 Cr
Sep'22
₹ 76.4 Cr
Aug'22
₹ 75.4 Cr

Fund Returns vs Benchmark

Oct'22
0.72%
0.75%
Sep'22
-0.14%
-0.20%
Aug'22
0.60%
0.66%
Fund Return
Benchmark Return

Fund Manager

Mahendra Jajoo

Mahendra Jajoo

Managing this fund since 17 March 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Equity Savings Fund Direct Growth
12.72%
9.05%
Mirae Asset Hybrid Equity Fund -Direct Plan-Growth
15.72%
15.24%
Mirae Asset Savings Fund Direct Plan Growth
5%
5.03%

AMC details

Address
Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098
Phone
91-22-22-6780300
Fund House
Mirae Asset Investment Managers (India) Private Limited

Fund Highlights

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Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 3.99% since inception which is less than its category average return of 5.38%
AUM size ₹63 Cr

AUM size ₹63 Cr

This fund has AUM of ₹63 Cr which is less than its category average of ₹ 4894 Cr
Expense Ratio 0.46%

Expense Ratio 0.46%

This fund has an expense ratio of 0.46% which is less than its category average expense ratio of 0.58%

Frequently Asked Questions

The current NAV of Mirae Asset Corporate Bond Fund Direct Growth is 10.69.
Existing (Absolute + CAGR)
Mirae Asset Corporate Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.87%
0.87%
6 Month Returns
2.92%
2.92%
1 Year Returns
3.07%
3.07%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.46 as on November 2022
63 Cr as on November 2022
7.48
2.22
AAA
100
Mahendra Jajoo is the fund manager of Mirae Asset Corporate Bond Fund Direct Growth
The Exit load of Mirae Asset Corporate Bond Fund Direct Growth is 0%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.