Mirae Asset Corporate Bond Fund Regular Growth

Mirae Asset Corporate Bond Fund Regular Growth

Debt

Mirae Mutual Fund

Corporate Bond

Get the latest NAV of Mirae Asset Corporate Bond Fund Regular Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹12.82

NAV as on 27 May 2025

6.1%/per year

Since Inception

Absolute Gain%

▲▼

Fund Performance

as on (27-May-25)

Period
This Fund
Corporate Bond Index
1 Month
1.12%
1.15%
3 Months
3.94%
3.59%
6 Months
5.8%
5.29%
1 Year
9.79%
9.58%
3 Years
7.39%
7.67%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Mirae Asset Corporate Bond Fund Regular Growth
-
43Cr
0.65%
9.79%
7.39%
6.1%
Baroda BNP Paribas Corporate Bond Fund Regular
-
223Cr
0.58%
10.56%
7.86%
6.31%
Baroda BNP Paribas Corporate Bond Fund Regular
-
223Cr
0.58%
10.56%
7.86%
6.31%
Baroda BNP Paribas Corporate Bond Fund Regular
-
223Cr
0.58%
10.56%
7.86%
6.31%
See all

Mirae Asset Corporate Bond Fund Regular Growth Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Total Corpus

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Mirae Asset Corporate Bond Fund Regular Growth Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Debt & Cash 99.6%

AAA
100%
Cash allocation has gone down from 4.3% to 3.5%
Cash allocation has gone down from 4.3% to 3.5%
Debt allocation has gone up from 95.3% to 96.1%
Debt allocation has gone up from 95.3% to 96.1%

Mirae Asset Corporate Bond Fund Regular Growth Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Debt & Cash 99.6%

Corporate
56.1%
Government
40%
Cash Equivalent
3.9%

Top 2 Sectors in April were Corporate, Government

Apr'25

Corporate

54%

Government

42%

Mar'25

Corporate

55%

Government

40%

Mirae Asset Corporate Bond Fund Regular Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.65%
Benchmark
CRISIL Corporate Bond B-III TR INR
AUM₹43 Cr
Inception Date17 March, 2021
Min Lumpsum/SIP₹5000/₹99
Exit Load0%
Lock InNo Lock-in
TurnOver
354.7%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

About Mirae Asset Corporate Bond Fund Regular Growth

Mirae Asset Corporate Bond Fund Regular Growth is a debt fund. This fund was started on 17 March, 2021. The fund is managed by Amit Modani. This fund is suitable to keep your money safe.

Key Parameters

  1. Mirae Asset Corporate Bond Fund Regular Growth has ₹43 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Mirae Asset Corporate Bond Fund Regular Growth has given a CAGR return of 6.10% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 9.79% and 7.39% respectively.

Holdings

Mirae Asset Corporate Bond Fund Regular Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 6.79% Govt Stock 2034, HDFC Bank Limited, Bajaj Housing Finance Ltd. 8.04%, Mahanagar Telephone Nigam Limited, Rec Limited

Taxation

As it is a corporate bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Mirae Asset Corporate Bond Fund Regular Growth

The investment objective of the scheme is to provide income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds. The Scheme does not guarantee or assure any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Corporate Bond Fund Regular Growth has no lock in period.

Fund Manager

Amit Modani

Fund Manager of Mirae Asset Corporate Bond Fund Regular Growth, since 1 February 2024

Learn more about Mirae Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 42.6 Cr
₹ 41.3 Cr
₹ 41 Cr
  • AUM of the fund stands at 42.6 Cr as of Apr'25
  • AUM increased by 1.3 Cr between Apr'25 and Mar'25

Frequently Asked Questions for Mirae Asset Corporate Bond Fund Regular Growth

How do I invest in Mirae Asset Corporate Bond Fund Regular Growth?

INDmoney makes it simple to invest in the Mirae Asset Corporate Bond Fund Regular Growth. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Mirae Asset Corporate Bond Fund Regular Growth’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Mirae Asset Corporate Bond Fund Regular Growth?

The NAV of the fund today is ₹12.82. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Mirae Asset Corporate Bond Fund Regular Growth fund has generated a return of 9.79% in 1 year, 7.39% in 3 years

Who is the fund manager of Mirae Asset Corporate Bond Fund Regular Growth?

The fund managers are Amit Modani.

What is the exit load of the fund?

The exit load is . Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.65%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹43 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Mirae Asset Corporate Bond Fund Regular Growth?

The top 3 holdings of the fund are 6.79% Govt Stock 2034(19.7%), HDFC Bank Limited(6.8%), Bajaj Housing Finance Ltd. 8.04%(5.85%)