Mirae Asset Low Duration Fund - Regular Plan - Growth
Fund House: Mirae Asset Mutual Fund| Category: Debt: Low Duration |
| Launch Date: 16-03-2008 |
| Asset Class: Fixed Income |
| Benchmark: Nifty Low Duration Debt Index A-I |
| TER: 0.85% As on (31-07-2025) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 1,971.7 Cr As on 31-07-2025(Source:AMFI) |
| Turn over: - | Exit Load: Nil |
2283.7001
1.22 (0.0535%)
4.83%
Benchmark: 6.37%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
Nifty 1D Rate Index
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
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. There is no assurance that the investment objective of the scheme will be achieved.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 0.63 |
| Sharpe Ratio | -0.52 |
| Alpha | 2.42 |
| Beta | 1.37 |
| Yield to Maturity | 6.43 |
| Average Maturity | 0.99 |
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 | 7.55 | 7.33 | 6.93 | 5.56 | 5.99 |
| HSBC Low Duration Fund - Regular Growth | 01-01-2013 | 8.99 | 8.13 | 7.61 | 6.06 | 6.8 |
| ICICI Prudential Savings Fund - Growth | 27-09-2002 | 8.06 | 7.87 | 7.78 | 6.4 | 7.27 |
| UTI Low Duration Fund - Regular Plan - Growth Option | 21-03-2003 | 8.05 | 7.69 | 7.35 | 7.08 | 6.2 |
| Axis Treasury Advantage Fund - Regular Plan - Growth Option | 05-10-2009 | 7.94 | 7.64 | 7.31 | 6.0 | 6.9 |
| Axis Treasury Advantage Fund - Retail Plan - Growth Option | 15-03-2010 | 7.94 | 7.64 | 7.31 | 6.0 | 6.76 |
| Nippon India Low Duration Fund- Growth Plan - Growth Option | 10-03-2007 | 7.72 | 7.37 | 7.02 | 5.93 | 6.69 |
| Invesco India Low Duration Fund - Growth | 18-01-2007 | 7.7 | 7.48 | 7.12 | 5.74 | 6.75 |
| JM Low Duration Fund (Regular) - Growth Option | 27-09-2006 | 7.67 | 7.35 | 6.94 | 5.57 | 6.23 |
| Tata Treasury Advantage Fund - Regular Plan - Growth Option | 06-09-2005 | 7.62 | 7.38 | 7.04 | 5.81 | 6.21 |
Scheme Characteristics
Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 6 months - 12 months.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.02%
