Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl
Debt
Direct
Corporate Bond
NAV: ₹ 11.72 as on 18-04-2024
Fund Performance
About the 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 Mahendra Jajoo. This fund is suitable to keep your money safe.
Key Parameters
- Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl has ₹51 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.4.
Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl Overview
 | 0.43% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹51 Cr |
 | 17 March, 2021 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 191.14% |
Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
60.5%
Government
35.3%
Cash Equivalent
4.2%
Top Holdings of Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl as on (31-Mar-24)
Debt Holdings19
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 11.85% | 0% | |
Embassy Office Parks Reit | 9.7% | 0% | |
Power Finance Corporation Ltd. | 9.67% | 0% | |
National Bank for Agriculture and Rural Development 7.68% | 7.85% | 0% | |
Rural Electrification Corporation Limited | 5.92% | 0% |
See all
Mirae Asset Corporate Bond Fund Direct Reinvestment 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 51.1 Cr as of Mar'24
- AUM decreased by 6.8 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl Fund Manager
Mahendra Jajoo
Fund Manager of Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl, since 17 March 2021
Top funds managed
Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl 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 5.25% since inception which is less than its category average return of 5.44%
AUM size ₹51 Cr
This fund has AUM of ₹51 Cr which is less than its category average of ₹ 6065 Cr
Expense Ratio 0.43%
This fund has an expense ratio of 0.43% which is less than its category average expense ratio of 0.59%
Frequently Asked Questions
The current NAV of Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl is ₹11.72 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.34% | 0.34% |
6 Month Returns | 3.8% | 3.8% |
1 Year Returns | 6.95% | 6.95% |
3 Years Returns | 16.39% | 5.19% |
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.
0.43% as on March 2024
₹51 Cr as on March 2024
7.18% Govt Stock 2033(11.85%), Embassy Office Parks Reit(9.7%), Power Finance Corporation Ltd.(9.67%), National Bank for Agriculture and Rural Development 7.68%(7.85%), Rural Electrification Corporation Limited(5.92%) as on March 2024
Corporate(60.47%), Government(35.31%), Cash Equivalent(4.22%) as on March 2024
Yield to Maturity is 7.64 as on March 2024. 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 3.29 as on March 2024. 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 Reinvestment of Income Distribution cum Cptl Wrdl
The Exit load of Mirae Asset Corporate Bond Fund Direct Reinvestment of Income Distribution cum Cptl Wrdl is 0%