Mirae Asset Short Term Direct Payout of Income Distribution cum capital withdrawal
Mirae Asset Short Term Direct Payout of Income Distribution cum capital withdrawal

Mirae Asset Short Term Direct Payout of Income Distribution cum capital withdrawal

Debt
Direct
Short Duration

NAV: ₹ 13.4 as on 28-09-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
3Y
This Fund
-0%
1.3%
1.2%
2.8%
5.8%
Benchmark
-0.1%
1.2%
1.3%
3.1%
5.5%
About the Fund

Mirae Asset Short Term Direct Payout of Income Distribution cum capital withdrawal is a debt fund. This fund was started on  16 March, 2018. The fund is managed by Mahendra Jajoo, Amit Modani. This fund is suitable to keep your money safe.

Key parameters

1) Mirae Asset Short Term Direct Payout of Income Distribution cum capital withdrawal has a NAV of 13.4223 as on 28-09-2022.

2) Mirae Asset Short Term Direct Payout of Income Distribution cum capital withdrawal has 444 Cr worth of assets under management (AUM) as on 31-07-2022 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 Short Term Bond Fund TR INR
AUM
AUM
₹444 Cr
Inception Date
Inception Date
16 March, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
271.54%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
90.5%
AA
9.5%

Sector Allocation

Aug'22

Jul'22

Jun'22

Corporate

42.9%

Government

38.4%

Cash Equivalent

18.6%

Top Holdings

  • All
  • Debt & Cash
Total Holdings39
Debt Holdings39
Holdings
Weight%
Holdings Trend
1M Change
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5.53% Govt Stock 2033
7.87%
100%
icon
5.74% Govt Stock 2026
4.71%
0%
icon
Rec Limited
4.49%
0%
icon
06.69 MP Sdl 2025
4.46%
100%
icon
Bank Of Baroda
4.32%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 17.3 Cr in last 1M
Aug'22 return outperformed benchmark

Change in AUM

Aug'22
₹ 449 Cr
Jul'22
₹ 431.6 Cr
Jun'22
₹ 443.7 Cr

Fund Returns vs Benchmark

Aug'22
0.72%
0.71%
Jul'22
0.72%
0.71%
Jun'22
0.32%
0.27%
Fund Return
Benchmark Return

Fund Manager

Mahendra Jajoo

Mahendra Jajoo

Managing this fund since 16 March 2018

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Hybrid Equity Fund -Direct Plan-Growth
14.78%
13.83%
Mirae Asset Equity Savings Fund Direct Growth
12.25%
8.5%
Mirae Asset Savings Fund Direct Plan Growth
5.1%
4.93%
Amit Modani

Amit Modani

Managing this fund since 6 July 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Short Term Direct Growth
5.85%
5.53%

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 6.7% since inception which is more than its category average return of 5.36%
AUM size ₹444 Cr

AUM size ₹444 Cr

This fund has AUM of ₹444 Cr which is less than its category average of ₹ 3491 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 0.67%

Frequently Asked Questions

The current NAV of Mirae Asset Short Term Direct Payout of Income Distribution cum capital withdrawal is 13.42.
Existing (Absolute + CAGR)
Mirae Asset Short Term Direct Payout of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
-0.06%
-0.06%
6 Month Returns
1.18%
1.18%
1 Year Returns
2.78%
2.78%
3 Years Returns
18.48%
5.82%
5 Years Returns
0%
0%
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 August 2022
444 Cr as on August 2022
6.65
1.3
AAA
90.49
AA
9.51
Amit Modani,Mahendra Jajoo are the fund managers of Mirae Asset Short Term Direct Payout of Income Distribution cum capital withdrawal
The Exit load of Mirae Asset Short Term Direct Payout of Income Distribution cum capital withdrawal is 0%