Mirae Asset Low Duration Fund - Regular Plan - Growth

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NAV
₹ 2247.7795 ₹ 0.31 (0.01 %)
as on 23-05-2025
Asset Size (AUM)
1,784.29 Cr
Launch Date
Mar 16, 2008
Investment Objective
The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
Minimum Investment 5000.0
Minimum Top-up 1000.0
Investment Returns Since Launch in Mar 16, 2008
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4.81

%
3 M
6 M
1 Y
3 Y
10 Y
Inception
Sharp Ratio
-0.52 %
Expense Ratio
0.85%
Volatility
0.63 %
Fund House
Mirae Asset Mutual Fund
Fund Manager
Kruti Chheta, Basant Bafna
Key Features
Scheme description
This fund has low risk compared to any other debt funds. It invests in debt and money market securities such that the macauley duration of the portfolio is between 6 - 12 months. It is suitable for investors with lowest risk profile having investment horizon of 6 - 12 months.
Minimum Purchase Application Amount
Rs. 5000.0 (plus in multiples of Rs. 1000.0)

Entry Load
Not applicable
Exit Load
Nil
Indicative Investment Horizon
5 Years and above
Asset Allocation
Fund's historical return comparison with other asset classes
Created with Highcharts 4.1.4AssetsDebtMutual FundsCash & Cash Equivalents
Fund Performance
Fund's historical return comparison with other asset classes
Created with Highcharts 4.1.4FundFD
Fund₹ 10794
FD₹ 10600
Profile
Credit Quality Porfolio (%)
SOV 11.81
AAA 77.63
AA 7.67
A -
BBB -
Below BBB -
D -
Note: AAA includes A1, A includes A2, BBB includes A3.
Corporate BondsT-BillsCPsCDs80806060404020200064.19 %9.41 %8.66 %7.35 %7.07 %
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Scheme Category % of Change
month-on-month
Duration 0.88 2.05 0.09
Maturity 0.99 2.67 0.1
YTM 7.64 7.75 -0.01
POWER FINANCE CORP...NATIONAL BANK FOR AGR...364 D TBILL MAT - 26/0...REC LIMITED364 Days Tbill (MD 23/10...Punjab National BankSMALL INDUSTRIES DEVE...LIC HOUSING FINANCE L...8.90% Bharti Telecom Li...Union Bank of India665544332211005.86 %5.71 %5.32 %4.45 %4.09 %3.96 %3.93 %3.19 %2.82 %2.68 %
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Performance

Scheme Performance (%)

Data as on - 23-05-2025
Created with Highcharts 4.1.4ReturnsMirae Asset Low Duration Fund - Regular Plan - GrowthNifty 1D Rate IndexDebt: Low DurationYTD1 Month3 Month6 Month1 Year3 Years5 Years10 YearsSince Launch02.557.510

Yearly Performance (%)

Created with Highcharts 4.1.4ValuesMirae Asset Low Duration Fund - Regular Plan - GrowthNifty 1D Rate IndexDebt: Low Duration20162017201820192020202120222023202420250246810
Investment Returns Calculator
Amount InvestedFund ValueProfitReturns
Fund120,000124,5904,5908.43
Benchmark120,000131,42511,42521.57
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
Peer Comparison
Scheme Name Inception Date 1 Year Return % 2 Year Return % 3 Year Return % 5 Year Return % 10 Year Return %
Mirae Asset Low Duration Fund - Regular Plan - Growth 16-03-2008 7.94 7.34 6.87 5.69 6.02
HSBC Low Duration Fund - Regular Growth 01-01-2013 9.34 8.28 7.51 6.59 6.9
ICICI Prudential Savings Fund - Growth 27-09-2002 8.43 8.07 7.65 6.56 7.34
UTI Low Duration Fund - Regular Plan - Growth Option 21-03-2003 8.34 7.71 7.27 7.12 6.27
Axis Treasury Advantage Fund - Regular Plan - Growth Option 05-10-2009 8.26 7.64 7.23 6.09 6.96
Portfolio Analysis
Portfolio as on 30-04-2025
Sector Allocation
SectorAllocation (%)
N/A100
Portfolio Holdings
Company Instrument Credit Rating Holdings (%)
364 Days Treasury Bills (MD 26/03/2026)DebtSOV5.32
364 Days Treasury Bills (MD 23/10/2025)DebtSOV4.09
8.90% Bharti Telecom Ltd. (MD 04/12/2025)DebtAA2.82
7.51% REC Ltd. (MD 31/07/2026)DebtAAA2.82
Godrej Consumer Products Ltd. (MD 23/06/2025)DebtAAA2.78
Union Bank of India (MD 10/01/2026)DebtAAA2.68
ICICI Bank Ltd. (MD 27/06/2025)DebtAAA2.64
Punjab National Bank (MD 25/03/2026)DebtAAA2.64
7.58% National Bank for Agriculture and Rural Development (MD 31/07/2026)DebtAAA2.54
7.40% National Bank for Agriculture and Rural Development (MD 30/01/2026)DebtAAA2.53
6.35% Power Finance Corporation Ltd. (MD 30/06/2025)DebtAAA2.52
7.30% Power Grid Corporation of India Ltd. (MD 19/06/2027)DebtAAA2.26
7.59% Small Industries Development Bank of India (MD 10/02/2026)DebtAAA2.25
Net Receivables / (Payables)Cash & Cash Equivalentsundefined2.04
7.56% REC Ltd. (MD 31/08/2027)DebtAAA1.96
7.11% Small Industries Development Bank of India (MD 27/02/2026)DebtAAA1.68
7.59% National Housing Bank (MD 08/09/2027)DebtAAA1.68
7.60% REC Ltd. (MD 27/02/2026)DebtAAA1.63
7.49% National Bank for Agriculture and Rural Development (MD 15/10/2026)DebtAAA1.41
6.99% Government of India (MD 17/04/2026)DebtSOV1.41
7.70% HDFC Bank Ltd. (MD 18/11/2025)DebtAAA1.4
8.25% Kotak Mahindra Prime Ltd. (MD 20/06/2025)DebtAAA1.4
Muthoot Finance Ltd. (MD 10/06/2025)DebtAAA1.39
6.40% LIC Housing Finance Ltd. (MD 30/11/2026)DebtAAA1.39
Export-Import Bank of India (MD 24/10/2025)DebtAAA1.36
Axis Bank Ltd. (MD 12/11/2025)DebtAAA1.35
Angel One Ltd. (MD 19/09/2025)DebtAAA1.35
HDFC Bank Ltd. (MD 25/02/2026)DebtAAA1.33
Birla Group Holding Pvt. Ltd. (MD 06/02/2026)DebtAAA1.33
Punjab National Bank (MD 18/03/2026)DebtAAA1.32
Canara Bank (MD 18/03/2026)DebtAAA1.32
Embassy Office Parks Reit (MD 20/03/2026)DebtAAA1.32
Motilal Oswal Financial Services Ltd. (MD 06/02/2026)DebtAAA1.32
7.77% Power Finance Corporation Ltd. (MD 15/07/2026)DebtAAA1.3
7.13% Power Finance Corporation Ltd. (MD 15/07/2026)DebtAAA1.18
Motilal Oswal Financial Services Ltd. (MD 19/06/2025)DebtAAA1.17
7.70% Bajaj Housing Finance Ltd. (MD 21/05/2027)DebtAAA1.13
7.69% LIC Housing Finance Ltd. (MD 11/12/2026)DebtAAA1.13
7.44% Small Industries Development Bank of India (MD 04/09/2026)DebtAAA1.13
7.84% HDB Financial Services Ltd. (MD 14/07/2026)DebtAAA1.12
7.77% Embassy Office Parks Reit (MD 05/06/2025)DebtAAA1.12
Canara Bank (MD 18/12/2025)DebtAAA1.08
8.94% Hero FinCorp Ltd. (MD 10/09/2025)DebtAA1.07
8.02% Mindspace Business Parks Reit (MD 13/04/2026)DebtAAA1.02
8.90% Muthoot Finance Ltd. (MD 07/10/2027)DebtAA0.97
8.14% LIC Housing Finance Ltd. (MD 25/03/2026)DebtAAA0.96
National Bank for Agriculture and Rural Development (MD 13/03/2026)DebtAAA0.95
7.45% Power Finance Corporation Ltd. (MD 15/07/2028)DebtAAA0.85
7.44% REC Ltd. (MD 29/02/2028)DebtAAA0.85
8.52% Muthoot Finance Ltd. (MD 07/04/2028)DebtAA0.85
7.43% Small Industries Development Bank of India (MD 31/08/2026)DebtAAA0.85
5.78% LIC Housing Finance Ltd. (MD 11/09/2025)DebtAAA0.84
6.00% HDFC Bank Ltd. (MD 29/05/2026)DebtAAA0.83
7.12% Export-Import Bank of India (MD 27/06/2030)DebtAAA0.77
Canara Bank (MD 26/12/2025)DebtAAA0.7
7.49% Small Industries Development Bank of India (MD 11/06/2029)DebtAAA0.69
TREPSCash & Cash Equivalentsundefined0.63
7.85% Power Finance Corporation Ltd. (MD 03/04/2028)DebtAAA0.58
7.77% REC Ltd. (MD 31/03/2028)DebtAAA0.57
7.48% National Bank for Agriculture and Rural Development (MD 15/09/2028)DebtAAA0.57
7.56% India Infrastructure Finance Company Ltd. (MD 20/03/2028)DebtAAA0.57
7.70% REC Ltd. (MD 31/08/2026)DebtAAA0.57
7.89% State Government of Gujarat (MD 15/05/2025)DebtSOV0.56
9.95% Indostar Capital Finance Ltd. (MD 26/06/2026)DebtAA0.56
9.95% Indostar Capital Finance Ltd. (MD 27/05/2026)DebtAA0.56
9.50% Motilal Oswal Finvest Ltd. (MD 12/09/2025)DebtAA0.56
7.25% National Bank for Agriculture and Rural Development (MD 01/08/2025)DebtAAA0.56
5.62% Export-Import Bank of India (MD 20/06/2025)DebtAAA0.56
LIC Housing Finance Ltd. (MD 19/09/2025)DebtAAA0.55
7.93% LIC Housing Finance Ltd. (MD 14/07/2027)DebtAAA0.51
7.70% HDB Financial Services Ltd. (MD 11/08/2025)DebtAAA0.39
7.37% Government of India (MD 23/10/2028)DebtSOV0.29
7.92% Bajaj Housing Finance Ltd. (MD 16/03/2026)DebtAAA0.28
7.75% Muthoot Finance Ltd. (MD 30/09/2025)DebtAA0.28
7.15% Power Finance Corporation Ltd. (MD 08/09/2025)DebtAAA0.28
Corporate Debt Market Development Fund - Class A2MFundefined0.19
7.48% Kotak Mahindra Prime Ltd. (MD 20/08/2026)DebtAAA0.17
7.75% State Government of Karnataka (MD 01/03/2027)DebtSOV0.14
7.50% National Bank for Agriculture and Rural Development (MD 31/08/2026)DebtAAA0.08
7.59% REC Ltd. (MD 31/05/2027)DebtAAA0.06
8.45% HDFC Bank Ltd. (MD 18/05/2026)DebtAAA0.06
Sector Allocation
Created with Highcharts 4.1.4Others
Portfolio Holdings
Created with Highcharts 4.1.4364 Days Treasury Bills (MD 26/03/2026)364 Days Treasury Bills (MD 23/10/2025)8.90% Bharti Telecom Ltd. (MD 04/12/2025)7.51% REC Ltd. (MD 31/07/2026)Godrej Consumer Products Ltd. (MD 23/06/2025)Union Bank of India (MD 10/01/2026)ICICI Bank Ltd. (MD 27/06/2025)Punjab National Bank (MD 25/03/2026)7.58% National Bank for Agriculture and Rural Development (MD 31/07/2026)Others