Mirae Asset Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum cptl wdrl
Debt
Direct
Low Duration
NAV: ₹ 1208.93 as on 16-04-2024
Fund Performance
About the Mirae Asset Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum cptl wdrl
Mirae Asset Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum cptl wdrl is a debt fund. This fund was started on 8 October, 2013. The fund is managed by . This fund is suitable to keep your money safe.
Key Parameters
- Mirae Asset Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum cptl wdrl has ₹494 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Mirae Asset Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum cptl wdrl Overview
 | 0.23% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹494 Cr |
 | 8 October, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 264.89% |
Mirae Asset Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum cptl wdrl Distribution as on (31-Dec-69)
Credit rating breakup
AAA
87%
AA
13%
Sector Allocation
Corporate
66.7%
Government
19.6%
Cash Equivalent
13.6%
Top Holdings of Mirae Asset Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum cptl wdrl as on (31-Mar-24)
Debt Holdings49
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Punjab National Bank | 4.76% | 100% | |
Power Finance Corporation Limited | 4.04% | 100% | |
Indian Bank | 3.78% | 100% | |
Ongc Petro Additions Limited | 3.04% | 0% | |
Bajaj Housing Finance Limited | 3.03% | 0% |
See all
Mirae Asset Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum cptl wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- 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
Peer Analysis
Mirae Asset Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum cptl wdrl 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 5.88% since inception which is more than its category average return of 4.98%
AUM size ₹494 Cr
This fund has AUM of ₹494 Cr which is less than its category average of ₹ 3469 Cr
Expense Ratio 0.23%
This fund has an expense ratio of 0.23% 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 Daily Reinvestment of Income Dis cum cptl wdrl is ₹1208.93 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Mirae Asset Low Duration Fund Direct Plan Daily Reinvestment of Income Dis cum cptl wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.68% | 0.68% |
6 Month Returns | 3.78% | 3.78% |
1 Year Returns | 7.46% | 7.46% |
3 Years Returns | 17.5% | 5.52% |
5 Years Returns | 29.61% | 5.32% |
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.
0.23% as on March 2024
₹494 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 Daily Reinvestment of Income Dis cum cptl wdrl is 0%