Mirae Asset Corporate Bond Fund Direct Payout of Income Distribution cum Cptl Wrdl
Mirae Asset Corporate Bond Fund Direct Payout of Income Distribution cum Cptl Wrdl

Mirae Asset Corporate Bond Fund Direct Payout of Income Distribution cum Cptl Wrdl

Debt
Direct
Corporate Bond

NAV: ₹ 10.6 as on 04-10-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
This Fund
-0.1%
1%
0.6%
2.2%
Benchmark
-0.2%
1.1%
0.5%
1.9%
About the Fund

Mirae Asset Corporate Bond Fund Direct Payout of Income Distribution cum Cptl Wrdl 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 Payout of Income Distribution cum Cptl Wrdl has a NAV of 10.5511 as on 04-10-2022.

2) Mirae Asset Corporate Bond Fund Direct Payout of Income Distribution cum Cptl Wrdl has 75 Cr worth of assets under management (AUM) as on 31-08-2022 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
₹75 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

Aug'22

Jul'22

Jun'22

Corporate

65.1%

Government

20.8%

Cash Equivalent

14.1%

Top Holdings

  • All
  • Debt & Cash
Total Holdings14
Debt Holdings14
Holdings
Weight%
Holdings Trend
1M Change
icon
07.62 Tn SDL 2027
6.73%
0%
icon
Larsen And Toubro Limited
6.64%
0%
icon
Ntpc Limited
6.64%
100%
icon
Power Finance Corporation Ltd.
6.61%
100%
icon
Tata Capital Financial Services Limited
6.6%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 1.1 Cr in last 1M
Aug'22 return underperformed benchmark

Change in AUM

Aug'22
₹ 75.4 Cr
Jul'22
₹ 76.6 Cr
Jun'22
₹ 79.6 Cr

Fund Returns vs Benchmark

Aug'22
0.72%
0.75%
Jul'22
0.72%
0.75%
Jun'22
0.13%
0.19%
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 Hybrid Equity Fund -Direct Plan-Growth
16.62%
14.37%
Mirae Asset Equity Savings Fund Direct Growth
13.25%
8.82%
Mirae Asset Savings Fund Direct Plan Growth
5.1%
4.93%

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

meter
pointer

Low to Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 3.52% since inception which is less than its category average return of 5.38%
AUM size ₹75 Cr

AUM size ₹75 Cr

This fund has AUM of ₹75 Cr which is less than its category average of ₹ 4983 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 Payout of Income Distribution cum Cptl Wrdl is 10.54.
Existing (Absolute + CAGR)
Mirae Asset Corporate Bond Fund Direct Payout of Income Distribution cum Cptl Wrdl
Absolute Returns
CAGR Returns
1 Month Returns
-0.18%
-0.18%
6 Month Returns
0.57%
0.57%
1 Year Returns
2.13%
2.13%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • 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 September 2022
75 Cr as on September 2022
6.75
1.75
AAA
100
Mahendra Jajoo is the fund manager of Mirae Asset Corporate Bond Fund Direct Payout of Income Distribution cum Cptl Wrdl
The Exit load of Mirae Asset Corporate Bond Fund Direct Payout of Income Distribution cum Cptl Wrdl is 0%