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Mirae Asset Short Duration Fund - Regular Plan - IDCW

Category: Debt: Short Duration
Launch Date: 16-03-2018
Asset Class: Fixed Income
Benchmark: CRISIL Short Duration Debt A-II Index
Expense Ratio: 1.13% As on (30-04-2024)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 346.19 Cr As on (30-04-2024)
Turn over:
NAV (₹): 14.3572
₹ 0.01 ( 0.0669%)
as on 13-05-2024
CAGR Since Inception - 6.0%
CRISIL Short Duration Debt A-II Index - 8.72%

Fund Managers

Amit Modani, Basant Bafna


Investment Objective

The scheme seeks to generate returns through an actively managed diversified portfolio of debt and money market instruments with Macaulay duration of the portfolio between 1 year to 3 years.

PERFORMANCE of Mirae Asset Short Duration Fund - Regular Plan - IDCW

Scheme Performance (%) Data as on - 13-05-2024

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
Mirae Asset Short Duration Fund - Regular Plan - IDCW 6.17 4.68 5.93 - 6.0
Benchmark - - - - -
Debt: Short Duration 6.38 5.34 6.01 6.88 6.74

RETURNS CALCULATOR for Mirae Asset Short Duration Fund - Regular Plan - IDCW

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Key Performance and Risk Statistics of Mirae Asset Short Duration Fund - Regular Plan - IDCW

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
Mirae Asset Short Duration Fund - Regular Plan - IDCW 7.8 3.59
Debt: Short Duration - - - - - -

PEER COMPARISION

Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
Mirae Asset Short Duration Reg IDCW 16-03-2018 6.17 6.03 4.68 5.93 0.0
ICICI Pru Short Term Gr 01-10-2001 7.13 7.28 5.79 7.16 7.72
HDFC Short Term Debt Gr 05-06-2010 7.11 6.85 5.46 7.01 7.59
UTI Short Duration Fund Reg Gr 28-08-2007 6.91 6.67 6.96 5.16 6.52
Nippon India Short Term Gr 10-12-2002 6.67 6.43 5.16 6.59 7.21
ABSL Short Term Gr Reg 09-05-2003 6.65 6.66 5.47 6.9 7.6
Baroda BNP Paribas Short Duration Gr 30-06-2010 6.58 6.52 4.96 5.96 7.15
Invesco India Short Duration Gr 24-03-2007 6.54 6.06 4.53 5.98 6.61
Axis Short Term Reg Gr 22-01-2010 6.53 6.5 5.21 6.69 7.28
Bandhan Bond Short Term Reg Gr 14-12-2000 6.53 6.45 4.86 6.35 7.05

Asset Allocation (%)

PORTFOLIO ANALYSIS of Mirae Asset Short Duration Fund - Regular Plan - IDCW

Portfolio as on

Top 10 Sectors in portfolio (%)

Top 10 Stocks in portfolio (%)

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