Mirae Asset Long Duration Fund Direct Growth

Mirae Asset Long Duration Fund Direct Growth

Debt

Mirae Mutual Fund

Long Duration

Get the latest NAV of Mirae Asset Long Duration Fund Direct 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.

₹10.47

▼-0.8%1D

NAV as on 06 Jun 2025

4.68%/per year

Since Inception

Absolute Gain%

▲▼

70 people have invested ₹ 3L in Mirae Asset Long Duration Fund Direct Growth in the last three months

Fund Performance

as on (06-Jun-25)

Period
This Fund
Long Duration Index
1 Month
-0.68%
-0.41%
3 Months
3.93%
3.99%
6 Months
4.68%
4.25%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Mirae Asset Long Duration Fund
-
41Cr
0.1%
-
-
4.68%
HDFC Long Duration Debt Fund Direct Growth
1/4
5,732Cr
0.3%
9.93%
-
9.7%
ICICI Prudential Long Term Bond Fund Direct Growth
2/4
1,197Cr
0.4%
11.78%
9.81%
8.41%
SBI Long Duration Fund Direct Growth
3/4
3,005Cr
0.3%
9.86%
-
9.76%
See all

Mirae Asset Long Duration Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
▲
▼

Mirae Asset Long Duration Fund Asset Allocation

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

Fund Distribution

as on (13-May-25)

Debt & Cash 99.8%

AAA
100%
Cash allocation has gone down from 5.5% to 3.9%
Cash allocation has gone down from 5.5% to 3.9%
Debt allocation has gone up from 94.3% to 95.8%
Debt allocation has gone up from 94.3% to 95.8%

Mirae Asset Long Duration Fund Sector Allocation

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

Sector Allocation

Debt & Cash 99.8%

Top Sector in April was Government

Apr'25

Government

96%

Mar'25

Government

95%

Mirae Asset Long Duration Fund Direct Growth Overview

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

Expense ratio0.1%
Benchmark
CRISIL Long Duration Debt A-III TR INR
AUM₹41 Cr
Inception Date6 December, 2024
Min Lumpsum/SIP₹5000/₹99
Exit Load0%
Lock InNo Lock-in
TurnOver
0%
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 Long Duration Fund

Mirae Asset Long Duration Fund Direct Growth is a debt fund. This fund was started on 6 December, 2024. The fund is managed by . This fund is suitable to keep your money safe.

Key Parameters

  1. Mirae Asset Long Duration Fund Direct Growth has ₹41 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

Mirae Asset Long Duration Fund Direct Growth has given a CAGR return of 4.68% since inception.

Holdings

Mirae Asset Long Duration Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.34% Govt Stock 2064, 7.3% Govt Stock 2053, 6.79% Govt Stock 2034, 7.25% Govt Stock 2063, 7.23% Govt Stock 2039

Taxation

As it is a long duration 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 Long Duration Fund Direct Growth

The investment objective of the scheme is to seek to generate returns through an actively managed diversified portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is greater than 7 years. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee 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 Long Duration Fund Direct Growth has no lock in period.

Learn more about Mirae Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 41.4 Cr
₹ 37.7 Cr
₹ 36.8 Cr
  • AUM of the fund stands at 41.4 Cr as of Apr'25
  • AUM increased by 3.7 Cr between Apr'25 and Mar'25

Frequently Asked Questions for Mirae Asset Long Duration Fund Direct Growth

How do I invest in Mirae Asset Long Duration Fund?

INDmoney makes it simple to invest in the Mirae Asset Long Duration Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Mirae Asset Long Duration Fund’.
  • 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 Long Duration Fund?

The NAV of the fund today is ₹10.47. 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.

Who is the fund manager of Mirae Asset Long Duration Fund?

The fund managers are .

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 0.10%. 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 ₹41 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 Long Duration Fund?

The top 3 holdings of the fund are 7.34% Govt Stock 2064(41.78%), 7.3% Govt Stock 2053(24.74%), 6.79% Govt Stock 2034(17.1%)