Mirae Asset Low Duration Fund - Direct Plan - Daily IDCW
Fund House: Mirae Asset Mutual Fund| Category: Debt: Low Duration |
| Launch Date: 01-01-2013 |
| Asset Class: Fixed Income |
| Benchmark: Nifty Low Duration Debt Index A-I |
| TER: 0.22% As on (31-07-2026) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 2,043.68 Cr As on 31-07-2026(Source:AMFI) |
| Turn over: - | Exit Load: Nil |
1207.7662
-0.24 (-0.0195%)
5.92%
Benchmark: 6.28%
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 | - |
| Sharpe Ratio | - |
| Alpha | - |
| Beta | - |
| Yield to Maturity | 7.23 |
| Average Maturity | 1.1 |
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 - Direct Plan - Daily IDCW | 01-01-2013 | 6.37 | 7.34 | 7.5 | 6.54 | 5.79 |
| ICICI Prudential SavIngs Fund - Growth | 27-09-2002 | 6.28 | 7.19 | 7.36 | 6.55 | 7.02 |
| Nippon India Low Duration Fund - Retail Plan - Growth Plan - Growth Option | 22-03-2007 | 6.15 | 6.87 | 6.87 | 6.02 | 6.23 |
| UTI Low Duration Fund - Regular Plan - Growth Option | 21-03-2003 | 6.08 | 7.08 | 7.17 | 7.37 | 5.94 |
| Tata Treasury Advantage Fund - Regular Plan - Growth Option | 06-09-2005 | 5.98 | 6.83 | 6.94 | 6.1 | 5.97 |
| Axis Treasury Advantage Fund - Regular Plan - Growth Option | 05-10-2009 | 5.96 | 6.98 | 7.11 | 6.29 | 6.65 |
| Axis Treasury Advantage Fund - Retail Plan - Growth Option | 15-03-2010 | 5.96 | 6.98 | 7.11 | 6.29 | 6.58 |
| Canara Robeco SavIngs Fund - Regular Plan - Growth Option | 05-03-2005 | 5.94 | 6.81 | 6.93 | 6.08 | 6.35 |
| FranklIn India Low Duration Fund-Growth | 06-03-2025 | 5.93 | - | - | - | - |
| HSBC Low Duration Fund - Regular Growth | 01-01-2013 | 5.87 | 7.45 | 7.4 | 6.35 | 6.43 |
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
100.0%
