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

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

Debt
Direct
Low Duration

NAV: ₹ 1454.4 as on 06-10-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.3%
1.3%
2%
3.9%
4.8%
4.8%
Benchmark
0.5%
0.7%
1.9%
6.6%
4%
4.7%
About the Fund

Mirae Asset Savings Fund Direct Plan Weekly Reinvestment of Income Dis cum cptl wdrl is a debt fund. This fund was started on  1 January, 2013. The fund is managed by Mahendra Jajoo, Kruti Chheta. This fund is suitable to keep your money safe.

Key parameters

1) Mirae Asset Savings Fund Direct Plan Weekly Reinvestment of Income Dis cum cptl wdrl has a NAV of 1454.3849 as on 06-10-2022.

2) Mirae Asset Savings Fund Direct Plan Weekly Reinvestment of Income Dis cum cptl wdrl has 693 Cr worth of assets under management (AUM) as on 31-08-2022 and is less than category average.

3) The fund has an expense ratio 0.33 %.

Fund Overview

Expense ratio
Expense ratio
0.33%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹693 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

  • Debt & Cash 100%
Credit rating breakup
AAA
86.1%
AA
13.9%

Sector Allocation

Aug'22

Jul'22

Jun'22

Corporate

53.8%

Government

28.6%

Cash Equivalent

17.6%

Top Holdings

  • All
  • Debt & Cash
Total Holdings42
Debt Holdings42
Holdings
Weight%
Holdings Trend
1M Change
icon
HDFC Bank Limited
5.68%
0%
icon
Shriram Transport Finance Company Limited
4.37%
0%
icon
08.60 Tn SDL 2023
3.65%
0%
icon
National Bank For Agriculture And Rural Development
3.63%
0%
icon
Rec Limited
3.62%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 6.9 Cr in last 1M
Aug'22 return outperformed benchmark

Change in AUM

Aug'22
₹ 692.8 Cr
Jul'22
₹ 699.7 Cr
Jun'22
₹ 667.9 Cr

Fund Returns vs Benchmark

Aug'22
0.54%
0.46%
Jul'22
0.54%
0.46%
Jun'22
0.38%
0.30%
Fund Return
Benchmark Return

Fund Manager

Mahendra Jajoo

Mahendra Jajoo

Managing this fund since 8 September 2016

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Hybrid Equity Fund -Direct Plan-Growth
16.8%
15.35%
Mirae Asset Equity Savings Fund Direct Growth
13.36%
9.25%
Mirae Asset Savings Fund Direct Plan Growth
5.1%
4.94%
Kruti Chheta

Kruti Chheta

Managing this fund since 22 August 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Savings Fund Direct Plan Growth
5.1%
4.94%

AMC details

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
Fund House
Mirae Asset Investment Managers (India) Private Limited

Fund Highlights

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pointer

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 6.32% since inception which is more than its category average return of 4.93%
AUM size ₹693 Cr

AUM size ₹693 Cr

This fund has AUM of ₹693 Cr which is less than its category average of ₹ 4014 Cr
Expense Ratio 0.33%

Expense Ratio 0.33%

This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.64%

Frequently Asked Questions

The current NAV of Mirae Asset Savings Fund Direct Plan Weekly Reinvestment of Income Dis cum cptl wdrl is 1456.84.
Existing (Absolute + CAGR)
Mirae Asset Savings Fund Direct Plan Weekly Reinvestment of Income Dis cum cptl wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.34%
0.34%
6 Month Returns
2.04%
2.04%
1 Year Returns
3.91%
3.91%
3 Years Returns
15.23%
4.84%
5 Years Returns
26.44%
4.8%
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.
0.33 as on September 2022
693 Cr as on September 2022
6.48
0.68
AAA
86.13
AA
13.87
Mahendra Jajoo,Kruti Chheta are the fund managers of Mirae Asset Savings Fund Direct Plan Weekly Reinvestment of Income Dis cum cptl wdrl
The Exit load of Mirae Asset Savings Fund Direct Plan Weekly Reinvestment of Income Dis cum cptl wdrl is 0%