INDProtect

Overview (as on 04 Aug 2021)

NAV

₹1,919.3347

1y returns

4.466%

Fund AUM

₹1,113 Cr

Expense Ratio

0.27%

Min SIP

₹1,000

Min Lumpsum

₹5,000

Fund Performance

Calculator

Monthly SIP
Lumpsum

I would like to invest

 
For Time Period
5 years
Total investment
₹0

Asset Allocation

Sector Allocation
Corporate
39.55%
Cash Equivalent
33.28%
Government
27.17%
Debt Credit Ratings
AAA
97.77%
AA
2.23%

Key Metrics

Modified Duration 

0.76 yr

Average Maturity 

0.82 yr

Yield to Maturity 

4.1%

Holdings

Fund Details

Investment Objectives
The investment objective of the scheme is to seek to generate returns with a portfolio comprising of debt and money market instruments, such that Macaulay duration of the portfolio is between 6 months - 12 months. The Scheme does not guarantee any returns.
Scheme Name
Mirae Asset Savings Fund Direct Plan Growth
Scheme Document
Exit Load

After 0 Years : 0%

Plan Started
01 January, 2013
Fund Manager
Mahendra Jajoo
Fund House Details
Fund House
Mirae Asset Investment Managers (India) Private Limited
Email
NA
Phone
+912267253942
Address
India

Other Related Plans

Fund NamePlan TypeExpense Ratio1yr Returns
Direct0.27%4.46%
Direct0.27%4.51%
Direct0.27%5.81%
Direct0.27%4.47%
Direct0.27%4.46%
Direct0.27%5.77%
Regular0.92%3.80%
Regular0.92%7.12%
Regular0.92%3.80%
Regular0.92%5.96%
Regular0.92%3.85%
Regular0.92%5.35%
Regular0.92%3.81%
Regular0.92%5.33%
Regular0.92%5.96%
Regular0.92%3.81%
Regular0.92%5.30%

Peer Funds

Mirae Asset Savings Fund Direct Plan Growth

NAV

₹1,919.3347

INDmoney Analysis

    warning

    Fund is in Top 50 percent in its Category

    Return score is based upon:

    Benchmark out performance
    Consistency of returns
    Indicative yields
    warning

    Fund is in Top 50 percent in its Category

    Risk score is based upon:

    Market sensitivity
    Credit risk
    Underlying maturity
    success

    Fund has high quality bonds and commercial papers

    Credit Quality is based upon:

    Long term credit rating
    Credit rating outlook
    Probability of default

    Based on credit rating and modified duration of underlying instruments

Fund Manager

Mahendra Jajoo
Mahendra Jajoo

leader

Qualifications
B.Com, A.C.A., A.C.S., CFA(from CFA Institute, USA)
Work Experience
"Over 19 years of experience in financial services and capital markets. Jan 2010 till date with Pramerica Asset Managers Private Limited as the Head of Fixed income. June 2008 to Dec 2009. Tata Asset Management Limited as Head Fixed Income and Structured Products managing Fixed Income investment/portfolio. Jan 2005 to June 2008 ABN AMRO AMC as CIO- Fixed Income and Structured Products managing Fixed Income investment/portfolio. Mar 1999 to Dec 2004 ABN AMRO Securities India Pvt. Ltd. as Head- Primary Dealership, handling, trading and investments in government securities and corporate bonds."

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