Mirae Asset Low Duration Fund - Regular Plan - Growth

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NAV
₹ 2252.5733 ₹ 0.74 (0.03 %)
as on 03-06-2025
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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4.82

%
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 4.1.4AssetsDebtCash & 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 BondsCPsT-BillsCDsCash & Cash Equivalents80806060404020200065.81 %12.79 %9.41 %7.35 %2.67 %
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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 - 03-06-2025
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
Fund120,000125,0115,0119.29
Benchmark120,000125,0115,0119.29
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 7.35 6.91 5.7 6.02
HSBC Low Duration Fund - Regular Growth 01-01-2013 9.35 8.29 7.54 6.59 6.89
ICICI Prudential Savings Fund - Growth 27-09-2002 8.42 8.09 7.75 6.56 7.33
UTI Low Duration Fund - Regular Plan - Growth Option 21-03-2003 8.34 7.72 7.29 7.14 6.26
Axis Treasury Advantage Fund - Regular Plan - Growth Option 05-10-2009 8.26 7.66 7.26 6.1 6.95
Portfolio Analysis
Portfolio as on 30-04-2025
Sector Allocation
SectorAllocation (%)
N/A100
Portfolio Holdings
Company Instrument Credit Rating Holdings (%)
State Government Securities (29/03/2027)DebtSOV4.52
State Government Securities (09/11/2026)DebtSOV4.19
State Government Securities (26/10/2026)DebtSOV4.06
State Government Securities (29/03/2027)DebtSOV3.96
State Government Securities (09/11/2026)DebtSOV3.86
State Government Securities (09/11/2026)DebtSOV3.8
State Government Securities (23/11/2026)DebtSOV2.6
State Government Securities (15/03/2027)DebtSOV2.52
State Government Securities (15/02/2027)DebtSOV2.5
State Government Securities (15/02/2027)DebtSOV2.37
State Government Securities (09/11/2026)DebtSOV2.23
Government of India (17/04/2026)DebtSOV2.21
State Government Securities (28/09/2026)DebtSOV2.1
State Government Securities (31/03/2027)DebtSOV1.94
0% GOI - 19MAR27 STRIPSDebtSOV1.94
0% GOI - 16DEC26 STRIPSDebtSOV1.85
State Government Securities (09/11/2026)DebtSOV1.83
State Government Securities (14/12/2026)DebtSOV1.83
State Government Securities (09/11/2026)DebtSOV1.7
State Government Securities (09/11/2026)DebtSOV1.7
State Government Securities (14/12/2026)DebtSOV1.7
Net Receivables / (Payables)Cash & Cash Equivalentsundefined1.68
Government of India (12/04/2026)DebtSOV1.63
State Government Securities (01/03/2027)DebtSOV1.32
State Government Securities (26/10/2026)DebtSOV1.31
State Government Securities (25/01/2027)DebtSOV1.31
State Government Securities (11/01/2027)DebtSOV1.31
State Government Securities (25/01/2027)DebtSOV1.31
State Government Securities (26/10/2026)DebtSOV1.31
State Government Securities (26/10/2026)DebtSOV1.31
State Government Securities (01/03/2027)DebtSOV1.19
State Government Securities (28/12/2026)DebtSOV1.18
State Government Securities (28/09/2026)DebtSOV1.17
State Government Securities (23/11/2026)DebtSOV1.17
0% GOI - 19SEP26 STRIPSDebtSOV1.1
State Government Securities (15/02/2027)DebtSOV1.05
State Government Securities (09/02/2027)DebtSOV1.04
0% GOI - 15DEC26 STRIPSDebtSOV0.98
State Government Securities (28/09/2026)DebtSOV0.91
0% GOI - 12MAR27 STRIPSDebtSOV0.91
State Government Securities (14/09/2026)DebtSOV0.89
State Government Securities (11/08/2026)DebtSOV0.89
Clearing Corporation of India LimitedCash & Cash Equivalentsundefined0.82
State Government Securities (15/02/2027)DebtSOV0.79
State Government Securities (01/03/2027)DebtSOV0.77
State Government Securities (13/07/2026)DebtSOV0.72
State Government Securities (01/03/2027)DebtSOV0.66
State Government Securities (29/03/2027)DebtSOV0.66
State Government Securities (09/11/2026)DebtSOV0.66
State Government Securities (13/10/2026)DebtSOV0.65
State Government Securities (19/10/2026)DebtSOV0.65
State Government Securities (09/11/2026)DebtSOV0.65
State Government Securities (11/01/2027)DebtSOV0.65
State Government Securities (11/01/2027)DebtSOV0.65
State Government Securities (13/10/2026)DebtSOV0.65
State Government Securities (28/08/2026)DebtSOV0.65
State Government Securities (23/11/2026)DebtSOV0.65
State Government Securities (15/03/2027)DebtSOV0.53
State Government Securities (28/12/2026)DebtSOV0.52
State Government Securities (14/09/2026)DebtSOV0.44
Government of India (24/11/2026)DebtSOV0.43
State Government Securities (09/08/2026)DebtSOV0.42
State Government Securities (30/06/2026)DebtSOV0.4
State Government Securities (13/07/2026)DebtSOV0.39
State Government Securities (20/11/2026)DebtSOV0.39
State Government Securities (01/03/2027)DebtSOV0.29
State Government Securities (29/03/2027)DebtSOV0.27
Government of India (15/02/2027)DebtSOV0.27
State Government Securities (13/07/2026)DebtSOV0.26
0% GOI - 12SEP26 STRIPSDebtSOV0.26
State Government Securities (01/03/2027)DebtSOV0.26
State Government Securities (01/03/2027)DebtSOV0.26
State Government Securities (13/07/2026)DebtSOV0.26
State Government Securities (24/08/2026)DebtSOV0.26
State Government Securities (09/11/2026)DebtSOV0.26
State Government Securities (11/01/2027)DebtSOV0.26
State Government Securities (14/12/2026)DebtSOV0.26
State Government Securities (13/10/2026)DebtSOV0.26
State Government Securities (24/08/2026)DebtSOV0.22
Government of India (09/07/2026)DebtSOV0.22
State Government Securities (15/06/2026)DebtSOV0.22
State Government Securities (28/09/2026)DebtSOV0.17
State Government Securities (13/10/2026)DebtSOV0.14
State Government Securities (29/12/2026)DebtSOV0.13
State Government Securities (09/08/2026)DebtSOV0.13
State Government Securities (28/12/2026)DebtSOV0.13
State Government Securities (14/09/2026)DebtSOV0.13
State Government Securities (11/01/2027)DebtSOV0.13
State Government Securities (11/01/2027)DebtSOV0.13
State Government Securities (28/09/2026)DebtSOV0.13
State Government Securities (23/11/2026)DebtSOV0.13
State Government Securities (14/09/2026)DebtSOV0.08
State Government Securities (13/01/2026)DebtSOV0.08
State Government Securities (25/01/2027)DebtSOV0.05
State Government Securities (12/04/2027)DebtSOV0.05
State Government Securities (09/08/2026)DebtSOV0.03
State Government Securities (09/08/2026)DebtSOV0.02
State Government Securities (22/04/2027)DebtSOV0.02
State Government Securities (24/02/2026)DebtSOV0.01
Sector Allocation
Created with Highcharts 4.1.4Others
Portfolio Holdings
Created with Highcharts 4.1.4State Government Securities (29/03/2027)State Government Securities (09/11/2026)State Government Securities (26/10/2026)State Government Securities (29/03/2027)State Government Securities (09/11/2026)State Government Securities (09/11/2026)State Government Securities (23/11/2026)State Government Securities (15/03/2027)State Government Securities (15/02/2027)Others