Mirae Asset Long Duration Fund Direct Growth
Debt
Direct
Long Duration
NAV as on 04-02-2025
₹ 10.06
Inception Returns
0.6%
/yr
About Mirae Asset Long Duration Fund Direct Growth
Mirae Asset Long Duration Fund Direct Growth is a debt fund. This fund was started on 6 December, 2024. The fund is managed by . This fund is suitable to keep your money safe.
Key Parameters
- Mirae Asset Long Duration Fund Direct Growth has ₹38 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Mirae Asset Long Duration Fund Direct Growth has given a CAGR return of 0.61% since inception.
Holdings
Mirae Asset Long Duration Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.34% Govt Stock 2064, 7.3% Govt Stock 2053, 7.25% Govt Stock 2063, 7.23% Govt Stock 2039
Taxation
As it is a long duration mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of Mirae Asset Long Duration Fund Direct Growth
The investment objective of the scheme is to seek to generate returns through an actively managed diversified portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is greater than 7 years. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Long Duration Fund Direct Growth has no lock in period.
Historical NAV & Returns
Mirae Asset Long Duration Fund Direct Growth Overview
| Expense ratio | 0.13% |
Benchmark | CRISIL Composite Bond Fund TR INR |
| AUM | ₹38 Cr |
| Inception Date | 6 December, 2024 |
| Min Lumpsum/SIP | ₹5000/₹99 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (04-Feb-25)
Fund Distribution
as on (31-Dec-69)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.34% Govt Stock 2064 | 54.13% | 0% | |
7.3% Govt Stock 2053 | 26.95% | 0% | |
7.25% Govt Stock 2063 | 8.01% | 0% | |
7.23% Govt Stock 2039 | 5.39% | 0% |
Mirae Asset Long Duration Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹38 Cr
Expense Ratio 0.13%
Frequently Asked Questions for Mirae Asset Long Duration Fund Direct Growth
Mirae Asset Long Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.58% | 0.58% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |