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

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

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Debt
Direct
Low Duration
NAV: ₹ 1165.02 as on 12-04-2024
Fund Performance
zero opening, trading, fund transfer fee
3 people have invested ₹ 3K in Mirae Asset Low Duration Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl in the last three months

About the Mirae Asset Low Duration Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl

Mirae Asset Low Duration Fund Direct Plan Monthly Reinvestment 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 Reinvestment of Income Dis cum cptl wdrl has ₹463 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

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

Expense ratio
Expense ratio
0.27%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹463 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 Reinvestment of Income Dis cum cptl wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
87%
AA
13%
Sector Allocation

Mar'24

Feb'24

Jan'24

Corporate
66.7%
Government
19.6%
Cash Equivalent
13.6%

Top Holdings of Mirae Asset Low Duration Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl as on (31-Mar-24)

  • Debt & Cash

Debt Holdings49
Holdings
Weight%
1M Change
Punjab National Bank
Punjab National Bank
4.76%
100%
Power Finance Corporation Limited
Power Finance Corporation Limited
4.04%
100%
Indian Bank
Indian Bank
3.78%
100%
Ongc Petro Additions Limited
Ongc Petro Additions Limited
3.04%
0%
Bajaj Housing Finance Limited
Bajaj Housing Finance Limited
3.03%
0%

Mirae Asset Low Duration Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 463.3 Cr
₹ 463.3 Cr
₹ 527.2 Cr
  • AUM of the fund stands at 463.3 Cr as of Mar'24
  • AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes

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

Risk meter
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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 5.72% since inception which is more than its category average return of 4.98%
AUM size ₹463 Cr

AUM size ₹463 Cr

This fund has AUM of ₹463 Cr which is less than its category average of ₹ 3523 Cr
Expense Ratio 0.27%

Expense Ratio 0.27%

This fund has an expense ratio of 0.27% 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 Reinvestment of Income Dis cum cptl wdrl is ₹1165.02 as on 12-Apr-2024.
Existing (Absolute + CAGR) as on 12-Apr-2024.
Mirae Asset Low Duration Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.72%
0.72%
6 Month Returns
3.86%
3.86%
1 Year Returns
7.49%
7.49%
3 Years Returns
17.9%
5.64%
5 Years Returns
30.26%
5.43%
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.
0.27% as on March 2024
₹463 Cr as on March 2024
Punjab National Bank(4.76%), Power Finance Corporation Limited(4.04%), Indian Bank(3.78%), Ongc Petro Additions Limited(3.04%), Bajaj Housing Finance Limited(3.03%) as on March 2024
Corporate(66.74%), Government(19.62%), Cash Equivalent(13.64%) as on March 2024
Yield to Maturity is 8.01 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 0.85 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
87.04
AA
12.96
The Exit load of Mirae Asset Low Duration Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl is 0%