Mirae Asset Long Term Fund Direct Growth
Get the latest NAV of Mirae Asset Long Term 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.
₹10.45
1D
NAV as on 01 Oct 2026
2.43%/per year
Since Inception
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27 people have invested ₹ 17.1K in Mirae Asset Long Term Fund in the last three months
Mirae Asset Long Term Fund Performance vs. Long Duration Index
Fund returns vs Benchmark returns vs Category Average returns as on (01-Oct-26)
The fund has outperformed the benchmark (Long Duration Index) over 1Y, but underperformed over 3Y, 5Y.
Peer comparison
Mirae Asset Long Term Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mirae Asset Long Term Fund Asset Allocation
See fund asset allocation details as on (14-Sep-26)
Fund Distribution
as on (14-Sep-26)
Mirae Asset Long Term Fund Sector Allocation
See fund sector allocation details as on (14-Sep-26)
Sector Allocation
Top Sector in August was Government
Government
88%
Government
90%
Mirae Asset Long Term Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.2% |
Benchmark | CRISIL Long Duration Debt A-III TR INR |
| AUM | ₹20 Cr |
| Inception Date | 6 December, 2024 |
| Min Lumpsum/SIP | ₹5,000/₹99 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 182.83% |
| Risk |   Moderate Risk |
About Mirae Asset Long Term Fund
Mirae Asset Long Term Fund Direct Growth is a debt fund. This fund was started on 6 December, 2024. The fund is managed by Kruti Chheta. This fund is suitable to keep your money safe.
Key Parameters
- Mirae Asset Long Term Fund has ₹20 Cr worth of assets under management (AUM) as on Sep 2026 and is more than category average.
- The fund has an expense ratio 0.2.
Returns
Mirae Asset Long Term Fund has given a CAGR return of 2.43% since inception. Over the last 1 year the fund has given a CAGR return of 1.26%.
Holdings
Mirae Asset Long Term Fund has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.3% Govt Stock 2053, 7.09% Govt Stock 2054, 6.9% Govt Stock 2065, 7.24% Govt Stock 2055, 6.94% Govt Stock 2036
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 Term Fund
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 Term Fund has no lock in period.
Fund Manager
Kruti Chheta
Fund Manager of Mirae Asset Long Term Fund, since 6 December 2024
- AUM of the fund stands at 21.9 Cr as of Aug'26
- AUM decreased by 0.4 Cr between Aug'26 and Jul'26
Frequently Asked Questions for Mirae Asset Long Term Fund Direct Growth
How do I invest in Mirae Asset Long Term Fund?
- Download the INDmoney app.
- Search for ‘Mirae Asset Long Term 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.