Mirae Asset Savings Fund Direct Plan Weekly Reinvestment of Income Dis cum cptl wdrl
Debt
Direct
Low Duration
NAV: ₹ 1454.4 as on 20-09-2023
Fund Performance
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 . This fund is suitable to keep your money safe.
Key Parameters
- Mirae Asset Savings Fund Direct Plan Weekly Reinvestment of Income Dis cum cptl wdrl has ₹581 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Mirae Asset Savings Fund Direct Plan Weekly Reinvestment of Income Dis cum cptl wdrl Overview
 | 0.32% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹581 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 264.89% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
92.5%
AA
7.5%
Sector Allocation
Corporate
52.4%
Government
27.5%
Cash Equivalent
20.1%
Top Holdings of Mirae Asset Savings Fund Direct Plan Weekly Reinvestment of Income Dis cum cptl wdrl as on (31-Aug-23)
Debt Holdings41
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Muthoot Finance Limited | 4.16% | 0% | |
Reliance Retail Ventures Limited | 4.14% | 0% | |
Motilal Oswal Finvest Limited | 4.12% | 100% | |
Bank Of Baroda | 4.1% | 0% | |
Indian Bank | 4.06% | 0% |
See all
Mirae Asset Savings Fund Direct Plan Weekly 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 572.4 Cr as of Aug'23
- AUM decreased by 44.4 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.39% since inception which is more than its category average return of 4.96%
AUM size ₹581 Cr
This fund has AUM of ₹581 Cr which is less than its category average of ₹ 4118 Cr
Expense Ratio 0.32%
This fund has an expense ratio of 0.32% 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 Weekly Reinvestment of Income Dis cum cptl wdrl is ₹1454.38 as on 20-Sep-2023.
Existing (Absolute + CAGR) as on 20-Sep-2023.
Mirae Asset Savings Fund Direct Plan Weekly Reinvestment of Income Dis cum cptl wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.67% | 0.67% |
6 Month Returns | 3.82% | 3.82% |
1 Year Returns | 6.99% | 6.99% |
3 Years Returns | 16.05% | 5.09% |
5 Years Returns | 29.42% | 5.29% |
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.
0.32% as on August 2023
₹581 Cr as on August 2023
Muthoot Finance Limited(4.16%), Reliance Retail Ventures Limited(4.14%), Motilal Oswal Finvest Limited(4.12%), Bank Of Baroda(4.1%), Indian Bank(4.06%) as on August 2023
Corporate(54.86%), Government(27.16%), Cash Equivalent(17.98%) as on August 2023
Yield to Maturity is 7.45 as on August 2023. 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 0.77 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 92.46 |
AA | 7.54 |
The Exit load of Mirae Asset Savings Fund Direct Plan Weekly Reinvestment of Income Dis cum cptl wdrl is 0%