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

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

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Debt
Direct
Low Duration
NAV: ₹ 1010.55 as on 28-02-2024
Fund Performance

About the Mirae Asset Low Duration Fund Direct Plan Quarterly Payout of Income Dis cum cptl wdrl

Mirae Asset Low Duration Fund Direct Plan Quarterly 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 Quarterly Payout of Income Dis cum cptl wdrl has ₹527 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 Quarterly Payout of Income Dis cum cptl wdrl Overview

Expense ratio
Expense ratio
0.29%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹527 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 Quarterly Payout of Income Dis cum cptl wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
88.5%
AA
11.5%
Sector Allocation

Jan'24

Dec'23

Nov'23

Corporate
58.4%
Government
24.7%
Cash Equivalent
16.9%

Top Holdings of Mirae Asset Low Duration Fund Direct Plan Quarterly Payout of Income Dis cum cptl wdrl as on (31-Jan-24)

  • Debt & Cash

Debt Holdings46
Holdings
Weight%
1M Change
Punjab National Bank
Punjab National Bank
5.27%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
5.19%
0%
Ongc Petro Additions Limited
Ongc Petro Additions Limited
3.2%
0%
Bajaj Housing Finance Limited
Bajaj Housing Finance Limited
3.18%
0%
Power Finance Corporation Ltd.
Power Finance Corporation Ltd.
3.16%
0%

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

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 572.3 Cr
₹ 572.3 Cr
₹ 572.3 Cr
  • AUM of the fund stands at 572.3 Cr as of Jan'24
  • AUM has remained same between Jan'24 and Dec'23
Fund Portfolio Changes

Mirae Asset Low Duration Fund Direct Plan Quarterly 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 5.67% since inception which is more than its category average return of 4.97%
AUM size ₹527 Cr

AUM size ₹527 Cr

This fund has AUM of ₹527 Cr which is less than its category average of ₹ 3629 Cr
Expense Ratio 0.29%

Expense Ratio 0.29%

This fund has an expense ratio of 0.29% 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 Quarterly Payout of Income Dis cum cptl wdrl is ₹1010.55 as on 28-Feb-2024.
Existing (Absolute + CAGR) as on 28-Feb-2024.
Mirae Asset Low Duration Fund Direct Plan Quarterly Payout of Income Dis cum cptl wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.72%
0.72%
6 Month Returns
3.47%
3.47%
1 Year Returns
8.69%
8.69%
3 Years Returns
20.2%
6.32%
5 Years Returns
32.09%
5.72%
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.
0.29% as on January 2024
₹527 Cr as on January 2024
Punjab National Bank(5.27%), Small Industries Development Bank Of India(5.19%), Ongc Petro Additions Limited(3.2%), Bajaj Housing Finance Limited(3.18%), Power Finance Corporation Ltd.(3.16%) as on January 2024
Corporate(57.07%), Government(25.65%), Cash Equivalent(17.28%) as on January 2024
Yield to Maturity is 7.96 as on January 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 0.87 as on January 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
88.53
AA
11.47
The Exit load of Mirae Asset Low Duration Fund Direct Plan Quarterly Payout of Income Dis cum cptl wdrl is 0%