3 Year return

0
Launched on March 2022 (2 years)

Investment Details

₹1000

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Based on past performance of this fund

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Risk Involved

Moderate Risk

Your principal will be at

Moderate Risk

Scheme Information

Asset Under Management

₹807.46 Cr.

Expense Ratio

0.14% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Tax on gains as per your income tax bracket

Fund Holdings

Holdings

Mirae Asset Mutual Fund Managers

MJ

Mahendra Jajoo

Fund Manager since Mar 2023

View Details

Fund House Details

Mirae Asset Mutual Fund

Mirae Asset Mutual Fund Asset management company

AUM ₹195,148.32 Cr.
No. of Schemes 121
Setup Date November 2007

Peer Comparison

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Schemes by Mirae Asset Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns

About Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Plan Growth

Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Plan Growth is an index fund managed by Mirae Asset Mutual Fund. It tracks the Nifty SDL Jun 2027 Index, which is a benchmark index of state development loans (SDLs) maturing on or before June 15, 2027. The fund aims to replicate the performance of the index by investing in a basket of securities that make up the index.

Investment Objectives of the Scheme

The key investment objectives of the Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Plan Growth are to: Track the performance of the Nifty SDL Jun 2027 Index. Provide investors with a low-cost investment option to participate in the growth of the SDL segment of the Indian debt market.

Key Features of The Fund

5-year return NA
Expense Ratio 0.14%
Fund Manager Mahendra Jajoo
Fund Size ₹807.46 Cr
Risk Profile Moderate

Is This Scheme Right for Me?

The Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Plan Growth is a good option for investors who are looking for a low-cost and passive investment option to track the performance of the SDL segment of the Indian debt market. However, it is important to note that this is an index fund and hence, it does not provide any active management. Investors should carefully consider their investment goals, risk tolerance, and investment horizon before investing in this fund. Here are some of the factors to consider before investing in the Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Plan Growth: Your investment goals: What level of returns are you looking for? Your risk tolerance: How much risk are you comfortable with? Your investment horizon: How long do you plan to invest for? It is always advisable to consult with a financial advisor before investing in any mutual fund.

AMC Contact Details

Name Mirae Asset Mutual Fund
Launch Date November 2007
Addresss Unit No. 606, 6th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (East), Mumbai - 400 098.
Contact 1800-2090-777
Email customercare@miraeasset.com
Website https://www.miraeassetmf.co.in/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Secure Your Retirement With SIPs

For many investors, a Systematic Investment Plan (SIP) is an excellent option when it comes to retirement planning. SIPs make disciplined investing possible by automating regular contributions, which add up to an impressive retirement fund over time. This strategy guarantees a stable retirement and mitigates market volatility. Take advantage of the mutual fund SIP calculator offered by Angel One to visualise how your investments can grow and assist in making informed decisions to achieve your retirement goals.

FAQs

What is today's NAV of Mirae Asset Nifty SDL Jun 2027 Index Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Mirae Asset Nifty SDL Jun 2027 Index Fund Oct 11 2024 is 11.6613

What is the AUM of Mirae Asset Nifty SDL Jun 2027 Index Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Mirae Asset Nifty SDL Jun 2027 Index Fund is 807.46 crore.

What is the expense ratio of Mirae Asset Nifty SDL Jun 2027 Index Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Mirae Asset Nifty SDL Jun 2027 Index Fund is 0.14%

What are the returns of Mirae Asset Nifty SDL Jun 2027 Index Fund since inception?

The Mirae Asset Nifty SDL Jun 2027 Index Fund was launched on Mar 25 2022. The fund has delivered a CAGR of 6.25 since inception.

What is the minimum SIP amount to invest in Mirae Asset Nifty SDL Jun 2027 Index Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Mirae Asset Nifty SDL Jun 2027 Index Fund is 1000.

How do I invest in Mirae Asset Nifty SDL Jun 2027 Index Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Mirae Asset Nifty SDL Jun 2027 Index Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Mirae Asset Nifty SDL Jun 2027 Index Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Mirae Asset Nifty SDL Jun 2027 Index Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.