Mirae Asset Short Duration Fund Direct Growth
NAV as on 28-03-2025
₹ 16.3
▲0.1%
1D
Inception Returns
7.2%
/yr
Historical NAV & Returns
About Mirae Asset Short Duration Fund Direct Growth
Mirae Asset Short Duration Fund Direct Growth is a debt fund. This fund was started on 16 March, 2018. The fund is managed by . This fund is suitable to keep your money safe.
Key Parameters
- Mirae Asset Short Duration Fund Direct Growth has ₹342 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Mirae Asset Short Duration Fund Direct Growth has given a CAGR return of 7.19% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.88%, 7.08% and 6.63% respectively.
Holdings
Mirae Asset Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.32% Govt Stock 2030, 6.79% Government Of India (07/10/2034), National Bank For Agriculture And Rural Development, LIC Housing Finance Limited, National Bank For Agriculture And Rural Development
Taxation
As it is a short 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: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 Short 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 with Macaulay duration of the portfolio is between 1 year to 3 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 Short Duration Fund Direct Growth has no lock in period.
Mirae Asset Short Duration Fund Direct Growth Overview
| Expense ratio | 0.25% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹342 Cr |
| Inception Date | 16 March, 2018 |
| Min Lumpsum/SIP | ₹5000/₹99 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 291.95% |
| 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 (28-Mar-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 342 Cr as of Feb'25
- AUM decreased by 0.5 Cr between Feb'25 and Jan'25
Top 2 Sectors in February were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.32% Govt Stock 2030 | 11.42% | 0% | |
6.79% Government Of India (07/10/2034) | 9.2% | 31.4% | |
National Bank For Agriculture And Rural Development | 3.88% | 0% | |
LIC Housing Finance Limited | 3.18% | 0% | |
National Bank For Agriculture And Rural Development | 3.15% | 100% |
Mutual Fund Insights
Mirae Asset Short Duration Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹342 Cr
Expense Ratio 0.25%
More funds from Mirae
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth
1Y CAGR
▲ 10.07
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth
1Y CAGR
▲ 8.80
Mirae Asset Corporate Bond Fund Direct Growth
3Y CAGR
▲ 6.64
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
1Y CAGR
▲ 8.53
Mirae Asset Banking and PSU Fund Direct Growth
3Y CAGR
▲ 6.63
Frequently Asked Questions for Mirae Asset Short Duration Fund Direct Growth
Mirae Asset Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.17% | 1.17% |
6 Month Returns | 4.31% | 4.31% |
1 Year Returns | 8.88% | 8.88% |
3 Years Returns | 22.77% | 7.08% |
5 Years Returns | 37.88% | 6.63% |
- 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 | 89.8 |
AA | 10.2 |