Mirae Asset Short Duration Fund Direct Growth
Get the latest NAV of Mirae Asset Short 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.
₹16.59
▲0.3%1D
NAV as on 13 May 2025
7.33%/per year
Since Inception
▲▼
56 people have invested ₹ 32.1L in Mirae Asset Short Duration Fund Direct Growth in the last three months
Fund Performance
as on (13-May-25)
Peer comparison
Mirae Asset Short Duration Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mirae Asset Short Duration Fund Asset Allocation
See fund asset allocation details as on (15-Apr-25)
Fund Distribution
as on (15-Apr-25)
Debt & Cash 99.7%
Mirae Asset Short Duration Fund Sector Allocation
See fund sector allocation details as on (15-Apr-25)
Sector Allocation
Debt & Cash 99.7%
Top 2 Sectors in March were Corporate, Government
Corporate
56%
Government
37%
Corporate
55%
Government
38%
Mirae Asset Short Duration Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.29% |
Benchmark | CRISIL Short Duration Debt B-II TR INR |
| AUM | ₹401 Cr |
| Inception Date | 16 March, 2018 |
| Min Lumpsum/SIP | ₹5000/₹99 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 291.95% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
About Mirae Asset Short Duration Fund
Mirae Asset Short Duration Fund Direct Growth is a debt fund. This fund was started on 16 March, 2018. The fund is managed by . This fund is suitable to keep your money safe.
Key Parameters
- Mirae Asset Short Duration Fund Direct Growth has ₹401 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.
Returns
Mirae Asset Short Duration Fund Direct Growth has given a CAGR return of 7.33% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.00%, 7.93% and 6.73% respectively.
Holdings
Mirae Asset Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.32% Govt Stock 2030, National Bank For Agriculture And Rural Development, 7.13% Karnataka SDL - 20-Aug-2034, Power Finance Corporation Ltd., LIC Housing Finance Limited
Taxation
As it is a short 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 Short 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 with Macaulay duration of the portfolio is between 1 year to 3 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 Short Duration Fund Direct Growth has no lock in period.
- AUM of the fund stands at 347.5 Cr as of Mar'25
- AUM increased by 5.5 Cr between Mar'25 and Feb'25
More funds from Mirae
1Y CAGR
▲ 10.10
3Y CAGR
▲ 7.68
3Y CAGR
▲ 7.62
Frequently Asked Questions for Mirae Asset Short Duration Fund Direct Growth
What is the current NAV of Mirae Asset Short Duration Fund Direct Growth?
What are the average returns of Mirae Asset Short Duration Fund Direct Growth?
Mirae Asset Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.94% | 0.94% |
6 Month Returns | 5.31% | 5.31% |
1 Year Returns | 10% | 10% |
3 Years Returns | 25.72% | 7.93% |
How do I invest in Mirae Asset Short Duration Fund Direct Growth?
- 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.
What is the expense ratio of Mirae Asset Short Duration Fund Direct Growth?
What is net assets under management (AUM) of Mirae Asset Short Duration Fund Direct Growth?
What are the top 5 holdings of Mirae Asset Short Duration Fund Direct Growth?
What are the top 3 sectors that this Mirae Asset Short Duration Fund Direct Growth has invested in?
What is the yield to maturity ratio of Mirae Asset Short Duration Fund Direct Growth?
What is the modified duration of Mirae Asset Short Duration Fund Direct Growth?
What is the credit rating breakup of Mirae Asset Short Duration Fund Direct Growth?
AAA | 87.21 |
AA | 12.79 |