Mirae Asset Corporate Bond Fund Direct Payout of Income Distribution cum Cptl Wrdl
Debt
Direct
Corporate Bond
NAV: ₹ 11.3 as on 21-09-2023
Fund Performance
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
- Mirae Asset Corporate Bond Fund Direct Payout of Income Distribution cum Cptl Wrdl has ₹60 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.5.
Mirae Asset Corporate Bond Fund Direct Payout of Income Distribution cum Cptl Wrdl Overview
 | 0.46% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹60 Cr |
 | 17 March, 2021 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 191.14% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
64.9%
Government
26.4%
Cash Equivalent
8.7%
Top Holdings of Mirae Asset Corporate Bond Fund Direct Payout of Income Distribution cum Cptl Wrdl as on (31-Aug-23)
Debt Holdings17
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Small Industries Development Bank Of India | 8.01% | 0% | |
National Bank For Agriculture And Rural Development | 8% | 0% | |
Power Finance Corporation Ltd. | 7.95% | 0% | |
Embassy Office Parks Reit | 7.9% | 0% | |
National Bank For Financing Infrastructure And Development | 6.41% | 0% |
See all
Mirae Asset Corporate Bond Fund Direct Payout of Income Distribution cum Cptl Wrdl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 60.3 Cr as of Aug'23
- AUM decreased by 2.5 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Mirae Asset Corporate Bond Fund Direct Payout of Income Distribution cum Cptl Wrdl Fund Manager
Mahendra Jajoo
Fund Manager of Mirae Asset Corporate Bond Fund Direct Payout of Income Distribution cum Cptl Wrdl, since 17 March 2021
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 4.93% since inception which is less than its category average return of 5.45%
AUM size ₹60 Cr
This fund has AUM of ₹60 Cr which is less than its category average of ₹ 5713 Cr
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 ₹11.28 as on 21-Sep-2023.
Existing (Absolute + CAGR) as on 21-Sep-2023.
Mirae Asset Corporate Bond Fund Direct Payout of Income Distribution cum Cptl Wrdl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.77% | 0.77% |
6 Month Returns | 3.89% | 3.89% |
1 Year Returns | 6.92% | 6.92% |
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 August 2023
₹60 Cr as on August 2023
Small Industries Development Bank Of India(8.01%), National Bank For Agriculture And Rural Development(8%), Power Finance Corporation Ltd.(7.95%), Embassy Office Parks Reit(7.9%), National Bank For Financing Infrastructure And Development(6.41%) as on August 2023
Corporate(56.71%), Government(26.45%), Cash Equivalent(16.85%) as on August 2023
Yield to Maturity is 7.53 as on August 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.7 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
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%