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

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

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Debt
Direct
Low Duration

NAV: ₹ 1160.1 as on 27-01-2023

Fund Performance
zero opening, trading, fund transfer fee
3 people have invested ₹ 3K in mutual fund in the last three months

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.6%
1.7%
3%
4.8%
5.1%
4.8%
Benchmark
0.4%
1.5%
2.7%
4.2%
5.1%
4.7%
About the Fund

Mirae Asset Savings 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 Kruti Chheta. This fund is suitable to keep your money safe.

Key parameters

1) Mirae Asset Savings Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl has a NAV of 1160.0855 as on 27-01-2023.

2) Mirae Asset Savings Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl has 664 Cr worth of assets under management (AUM) as on 30-11-2022 and is less than category average.

3) The fund has an expense ratio 0.23 %.

Fund Overview

Expense ratio
Expense ratio
0.23%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹664 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
194.08%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
84.1%
AA
15.9%

Sector Allocation

Dec'22

Nov'22

Oct'22

Corporate

51.6%

Government

26.2%

Cash Equivalent

22.2%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings39
Holdings
Weight%
Holdings Trend
1M Change
icon
National Bank For Agriculture And Rural Development
5.17%
0%
icon
Shriram Finance Limited
4.53%
0%
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ICICI Bank Limited
4.37%
0%
icon
07.89 GJ Sdl 2025
3.82%
0%
icon
Birla Group Holdings Private Limited
3.76%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 28.5 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 606.5 Cr
Nov'22
₹ 635 Cr
Oct'22
₹ 605.1 Cr

Fund Returns vs Benchmark

Dec'22
0.54%
0.46%
Nov'22
0.30%
0.26%
Oct'22
0.57%
0.53%
Fund Return
Benchmark Return

Fund Manager

Kruti Chheta

Kruti Chheta

Fund Manager of Mirae Asset Savings Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl, since 22 August 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Savings Fund Direct Plan Growth
5.18%
5.06%

AMC details

Fund House
Mirae Asset Investment Managers (India) Private Limited
Total Schemes
Total AUM
₹1.19L Cr
as on 31-Dec-2022
Address
Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098
Phone
91-22-22-6780300
Email
customercare@miraeasset.com

Fund Highlights

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Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.43% since inception which is more than its category average return of 4.93%
AUM size ₹664 Cr

AUM size ₹664 Cr

This fund has AUM of ₹664 Cr which is less than its category average of ₹ 3696 Cr
Expense Ratio 0.23%

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 Savings Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl is 1160.09 as on 27-Jan-2023.
Existing (Absolute + CAGR)
Mirae Asset Savings Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.58%
0.58%
6 Month Returns
2.97%
2.97%
1 Year Returns
4.82%
4.82%
3 Years Returns
16.18%
5.13%
5 Years Returns
26.18%
4.76%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.23 as on December 2022
664 Cr as on December 2022
Yield to Maturity is 7.39 as on December 2022. 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 0.84 as on December 2022. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
84.07
AA
15.93
Kruti Chheta is the fund manager of Mirae Asset Savings Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl
The Exit load of Mirae Asset Savings Fund Direct Plan Monthly Reinvestment of Income Dis cum cptl wdrl is 0%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.