Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
NAV as on 11-04-2025
₹ 12.12
Inception Returns
6.5%
/yr
Historical NAV & Returns
About Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth is a debt fund. This fund was started on 30 March, 2022. The fund is managed by Amit Modani. This fund is suitable to keep your money safe.
Key Parameters
- Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth has ₹758 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth has given a CAGR return of 6.55% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.81% and 6.98% respectively.
Holdings
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 07.51 MH Sdl 2027, 07.76 MP Sdl 2027, 07.69 HR Sdl 2027, 07.59 Ka Sdl 2027mar, 07.25 PN Sdl 2027
Taxation
As it is a index funds - fixed income mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
The investment objective of the scheme is to track the Nifty SDL Jun 2027 Index by investing in State Development Loans (SDL), maturing on or before June 15, 2027, subject to tracking errors. 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 0.00. Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth has no lock in period.
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Overview
| Expense ratio | 0.22% |
Benchmark | Nifty SDL Jun 2027 TR INR |
| AUM | ₹758 Cr |
| Inception Date | 30 March, 2022 |
| Min Lumpsum/SIP | ₹5000/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 15.13% |
| 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 |   Low to Moderate Risk |
Trailing Returns
as on (11-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 764.8 Cr as of Feb'25
- AUM decreased by 45.3 Cr between Feb'25 and Jan'25
Top Sector in February was Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 07.51 MH Sdl 2027 | 10.05% | 0% | |
07.76 MP Sdl 2027 | 8.06% | 0% | |
07.69 HR Sdl 2027 | 6.05% | 0% | |
07.59 Ka Sdl 2027mar | 4.16% | 0% | |
07.25 PN Sdl 2027 | 3.6% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth | 8.81% | 6.98% | - | 6.55% |
 Axis Gilt Fund Direct Plan Growth Option | 11.6% | 8.39% | 7.62% | 7.89% |
 SBI Magnum Gilt Fund Direct Growth | 11.06% | 8.83% | 7.93% | 9.43% |
 ICICI Prudential Gilt Fund Direct Plan Growth | 10.49% | 8.76% | 8.21% | 8.78% |
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹758 Cr
Expense Ratio 0.22%
More funds from Mirae
5Y CAGR
▲ 6.93
3Y CAGR
▲ 7.09
3Y CAGR
▲ 7.02
Frequently Asked Questions for Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.1% | 1.1% |
6 Month Returns | 3.94% | 3.94% |
1 Year Returns | 8.81% | 8.81% |
3 Years Returns | 22.45% | 6.98% |
- 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 |