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

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

Debt

Mirae Mutual Fund

Corporate Bond

Get the latest NAV of Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹13.48

NAV as on 20 Mar 2026

6.14%/per year

Since Inception

Absolute Gain%

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Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl Performance vs. Corporate Bond Index

Fund returns vs Benchmark returns vs Category Average returns as on (20-Mar-26)

The fund has outperformed the benchmark (Corporate Bond Index) over 1Y, 3Y, but underperformed over 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.14%
0.96%
2.36%
6.74%
7.45%
6.12%
Corporate Bond Index
-0.03%
0.66%
1.66%
5.46%
6.03%
6.14%
Corporate Bond Avg
-0.05%
0.65%
1.85%
6.22%
7.19%
6.11%
Best in Corporate Bond
0.31%
1.36%
3.01%
9.13%
8.2%
6.96%
Worst in Corporate Bond
-0.05%
0.62%
1.91%
5.94%
7.08%
5.82%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl
-
48Cr
0.24%
6.74%
7.45%
-0.51
1.52
0.80
1.45
-0.01
HDFC Corporate Bond Fund Quarterly Payout Inc Dist cum Cap Wdrl Opt
-
32,421Cr
0.36%
4.7%
5.4%
-0.91
--
--
-0.56
-0.67
ICICI Prudential Corporate Bond Fund Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl
-
29,134Cr
0.35%
8.16%
7.04%
0.61
--
--
1.68
0.96
PGIM India Corporate Bond Fund Annual Payout Inc Dist cum Cap Wdrl
-
95Cr
0.28%
7.7%
6.04%
-0.34
--
--
-0.54
-0.56
See all

Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

AAA
92.7%
AA
7.3%
Cash allocation has gone down from 15.2% to 12.8%
Cash allocation has gone down from 15.2% to 12.8%
Debt allocation has gone up from 84.5% to 86.8%
Debt allocation has gone up from 84.5% to 86.8%

Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Corporate
59.7%
Government
29.7%
Cash Equivalent
10.5%

Top 2 Sectors in February were Corporate, Government

Feb'26

Corporate

62%

Government

23%

Jan'26

Corporate

61%

Government

24%

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

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.24%
Benchmark
CRISIL Corporate Bond B-III TR INR
AUM₹48 Cr
Inception Date17 March, 2021
Min Lumpsum/SIP₹5,000/₹99
Exit Load0%
Lock InNo Lock-in
TurnOver
354.7%
Risk
Risk meter
pointer
Moderate Risk

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

Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl is a debt fund. This fund was started on 17 March, 2021. The fund is managed by Amit Modani. This fund is suitable to keep your money safe.

Key Parameters

  1. Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl has ₹48 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl has given a CAGR return of 6.14% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.74%, 7.45% and 6.12% respectively.

Holdings

Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 6.48% Gs 2035, National Bank For Agriculture And Rural Development, HDFC Bank Limited, Bajaj Housing Finance Limited, Rec Limited

Taxation

As it is a corporate bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl

The investment objective of the scheme is to provide income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds. The Scheme does not guarantee or assure any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl has no lock in period.

Fund Manager

Amit Modani

Fund Manager of Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl, since 1 February 2024

Learn more about Mirae Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 47.6 Cr
₹ 47.9 Cr
₹ 46.3 Cr
  • AUM of the fund stands at 47.6 Cr as of Feb'26
  • AUM decreased by 0.3 Cr between Feb'26 and Jan'26

Frequently Asked Questions for Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl

How do I invest in Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl?

INDmoney makes it simple to invest in the Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl?

The NAV of the fund today is ₹13.48. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl fund has generated a return of 6.74% in 1 year, 7.45% in 3 years, 6.12% in 5 years.

Who is the fund manager of Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl?

The fund managers are Amit Modani.

What is the expense ratio of the fund?

The expense ratio is 0.24%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹48 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl?

The top 3 holdings of the fund are 6.48% Gs 2035(7.06%), National Bank For Agriculture And Rural Development(6.56%), HDFC Bank Limited(6.01%)