3 Year return
6.27%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately Low Risk
Asset Under Management
₹1430.22 Cr.
Expense Ratio
0.25% (inclusive of GST)
Exit Load
NIL
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
Mirae Asset Mutual Fund Managers
MJ
Mahendra Jajoo
Fund Manager since Mar 2023
Fund House Details
Mirae Asset Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
JM Low Duration Fund |
6.16% |
3.5 |
UTI Low Duration Fund |
6.31% |
5 |
Aditya Birla Sun Life Low Duration Fund |
6.57% |
4 |
Schemes by Mirae Asset Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct Growth
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct IDCW Payout
About Mirae Asset Savings Fund Direct Plan Growth
The Mirae Asset Savings Fund Direct Plan Growth is an open-ended debt mutual fund scheme that invests in a diversified portfolio of debt securities. The fund is managed by Mirae Asset Global Investments, one of the leading asset management companies in India.
Investment Objectives of the Scheme
The investment objective of the Mirae Asset Savings Fund Direct Plan Growth is to generate income for its investors by investing in a diversified portfolio of debt securities. The fund may invest in a variety of debt securities, such as government bonds, corporate bonds, and money market instruments. The fund may also invest in derivatives to enhance returns.
Key Features of The Fund
5-year return | 6.04% |
Expense Ratio | 0.25% |
Fund Manager | Mahendra Jajoo |
Fund Size | ₹1430.22 Cr |
Risk Profile | Moderately Low |
Is This Scheme Right for Me?
The Mirae Asset Savings Fund Direct Plan Growth is a good option for investors who are looking for a high-income investment with low risk. The fund is suitable for investors who have a time horizon of at least 3 years. However, it is important to note that the fund is not a risk-free investment. The fund's returns can go down as well as up. Investors should only invest in the fund if they are comfortable with the risk of losing money.
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 |
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.
Fast-Track Your Short-Term Goals With SIPs
FAQs
What is today's NAV of Mirae Asset Low Duration Fund?
What is the AUM of Mirae Asset Low Duration Fund?
What is the expense ratio of Mirae Asset Low Duration Fund?
What are the returns of Mirae Asset Low Duration Fund since inception?
What is the minimum SIP amount to invest in Mirae Asset Low Duration Fund?
How do I invest in Mirae Asset Low Duration Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Mirae Asset Low Duration Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Mirae Asset Low Duration Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Mirae Asset Low Duration Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.