Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth
Debt
Direct
Index Funds - Fixed Income
NAV as on 06-01-2025
₹ 11.47
Inception Returns
8.1%
/yr
About Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth is a debt fund. This fund was started on 31 March, 2023. The fund is managed by Mahendra Jajoo. This fund is suitable to keep your money safe.
Key Parameters
- Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth has ₹70 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 Nifty SDL Jun 2028 Index Fund Direct Growth has given a CAGR return of 8.07% since inception. Over the last 1 year the fund has given a CAGR return of 8.82%.
Holdings
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 08.45 Up SDL 2028, 08.32 Tn SDL 2028, 07.22 GJ Sdl 2028, 06.98 MH Sdl 2028, 06.99 Ts SDL 2028
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: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 Nifty SDL Jun 2028 Index Fund Direct Growth
The investment objective of the scheme is to track the Nifty SDL June 2028 Index by investing in State Development Loans (SDL), maturing on or before June 30, 2028, 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 2028 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth Overview
| Expense ratio | 0.11% |
Benchmark | Nifty SDL Jun 2028 |
| AUM | ₹70 Cr |
| Inception Date | 31 March, 2023 |
| Min Lumpsum/SIP | ₹5000/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 32.61% |
| 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 (06-Jan-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 69.4 Cr as of Nov'24
- AUM increased by 0.3 Cr between Nov'24 and Oct'24
Top Sector in November was Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 08.45 Up SDL 2028 | 14.9% | 0% | |
08.32 Tn SDL 2028 | 14.84% | 0% | |
07.22 GJ Sdl 2028 | 14.39% | 0% | |
06.98 MH Sdl 2028 | 14.28% | 0% | |
06.99 Ts SDL 2028 | 12.85% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth | 8.82% | - | - | 8.07% |
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹70 Cr
Expense Ratio 0.11%
Frequently Asked Questions for Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.42% | 0.42% |
6 Month Returns | 4.27% | 4.27% |
1 Year Returns | 8.82% | 8.82% |
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 |