Mirae Asset Low Duration Fund Direct Plan Monthly Payout of Income Dis cum cptl wdrl

Mirae Asset Low Duration Fund Direct Plan Monthly Payout of Income Dis cum cptl wdrl

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Debt
Direct
Low Duration
NAV: ₹ 1165.16 as on 17-05-2024

About the Fund

Mirae Asset Low Duration Fund Direct Plan Monthly Payout of Income Dis cum cptl wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by . This fund is suitable to keep your money safe.

Key Parameters

  1. Mirae Asset Low Duration Fund Direct Plan Monthly Payout of Income Dis cum cptl wdrl has ₹595 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.
Fund Performance

Overview

Expense ratio
Expense ratio
0.19%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹595 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
264.89%

Mirae Asset Low Duration Fund Direct Plan Monthly Payout of Income Dis cum cptl wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
90%
AA
10%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
62.7%
Cash Equivalent
20%
Government
17.3%

Top Holdings of Mirae Asset Low Duration Fund Direct Plan Monthly Payout of Income Dis cum cptl wdrl as on (30-Apr-24)

  • Debt & Cash

Debt Holdings54
Holdings
Weight%
1M Change
Punjab National Bank
Punjab National Bank
3.98%
0%
Power Finance Corporation Limited
Power Finance Corporation Limited
3.35%
0%
360 One Prime Ltd.
360 One Prime Ltd.
3.33%
0%
ICICI Bank Limited
ICICI Bank Limited
3.22%
0%
Indian Bank
Indian Bank
3.15%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 493.9 Cr
₹ 493.9 Cr
₹ 463.3 Cr
  • AUM of the fund stands at 493.9 Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Mirae Asset Low Duration Fund Direct Plan Monthly Payout of Income Dis cum cptl wdrl Highlights

Risk meter
pointer

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 5.66% since inception which is more than its category average return of 4.97%
AUM size ₹595 Cr

AUM size ₹595 Cr

This fund has AUM of ₹595 Cr which is less than its category average of ₹ 3683 Cr
Expense Ratio 0.19%

Expense Ratio 0.19%

This fund has an expense ratio of 0.19% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions

The current NAV of Mirae Asset Low Duration Fund Direct Plan Monthly Payout of Income Dis cum cptl wdrl is ₹1165.16 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Mirae Asset Low Duration Fund Direct Plan Monthly Payout of Income Dis cum cptl wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-0.07%
-0.07%
6 Month Returns
3.15%
3.15%
1 Year Returns
6.69%
6.69%
3 Years Returns
17.38%
5.49%
5 Years Returns
29.71%
5.34%
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.
0.19% as on April 2024
₹595 Cr as on April 2024
Punjab National Bank(3.98%), Power Finance Corporation Limited(3.35%), 360 One Prime Ltd.(3.33%), ICICI Bank Limited(3.22%), Indian Bank(3.15%) as on April 2024
Corporate(62.75%), Cash Equivalent(20%), Government(17.25%) as on April 2024
Yield to Maturity is 7.78 as on April 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 0.89 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
90
AA
10
The Exit load of Mirae Asset Low Duration Fund Direct Plan Monthly Payout of Income Dis cum cptl wdrl is 0%