- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Low Duration Fund (G)
Mirae Asset Low Duration Fund (G)
₹ 2144.7418
NAV (Oct 15)
Low Duration funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 2144.7418
NAV (Oct 15)
Fund Returns
Last 1Y | 7.4% |
Last 3Y | 5.7% |
Last 5Y | 5.4% |
Last 10Y | 6% |
Since Inception | 6.4% |
6 Month CAGR | 3.8% |
Scheme Information
The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
Expense Ratio | 0.85 |
Launched (0y ago) | 0.85 |
AUM in Crores | 1150.9 |
ISIN | INF769K01937 |
Lock-in | - |
Benchmark | NIFTY Low Duration Debt Index A-I |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 0.6 |
Beta | 1.3 |
Sharpe Ratio | -0.4 |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mirae Asset Low Duration Fund (G) | 8,34,018 | 1,01,406 | 5.4% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
Others
10.7%Canara Bank
5.7%Reserve Bank of India
5.3%REC Ltd.
4.3%ICICI Bank Ltd.
3.3%Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,523 cr | ||
₹ 8,029 cr | ||
₹ 10,307 cr | ||
₹ 14,839 cr | ||
₹ 4,610 cr |
About the AMC
Mirae Asset Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
14.2% | 19.7% | ||
18.4% | 24.5% | ||
9.6% | 12.1% | ||
19.4% | 28.4% | ||
15.7% | 15.9% |
Mirae Asset Low Duration Fund (G) Review
Mirae Asset Low Duration Fund (G) is a Low Duration Debt fund and has delivered an annualised return of 6.394% over a period of 16 years. The fund is managed by Mirae Asset Mutual Fund. The fund managers are Basant Bafna, Kruti Chheta.
Nav of Mirae Asset Low Duration Fund (G) as of 10/15/2024 is ₹2144.74 with the total AUM as of 10/16/2024 is ₹1150.935135. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Low Duration Fund (G) was launched on 2008-03-05. The category risk of the fund is Average.
The minimum SIP amount for Mirae Asset Low Duration Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Mirae Asset Low Duration Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Low Duration Debt Index A-I.
It is rated as a 2 fund in Debt and delivered 7.388% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Low Duration Fund (G).
Frequently Asked Questions
What is Mirae Asset Low Duration Fund (G)?
How to invest in Mirae Asset Low Duration Fund (G)?
You can invest in Mirae Asset Low Duration Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Mirae Asset Low Duration Fund (G)?
The minimum sip amount for Mirae Asset Low Duration Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is Mirae Asset Low Duration Fund (G) good to invest in?
As per Scripbox experts, it is a 2 fund. You can invest in it if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Mirae Asset Low Duration Fund (G)?
The expense ratio of the Mirae Asset Low Duration Fund (G) is 0.85% for regular plan.
What is the NAV of Mirae Asset Low Duration Fund (G)?
Today's Mirae Asset Low Duration Fund (G) NAV is ₹2144.74.