Rating : N/A

Mirae Asset Corporate Bond Fund Regular Growth

Debt

  

Corporate Bond Fund

NAV

10.3509 +0.0022

(as on 24 Jun, 2022)

RETURNS

NA

Fund Type

Open Ended

Investment Plan

Growth

Expense Ratio

1%

Asset Size

81.56 Cr.

(As of 15 Jun, 2022)

Benchmark

CRISIL Corporate Bond Fund TR INR

Riskometer

Investors understand that their principal will be at Risk.

Objective

The investment objective of the scheme is to provide income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds. The Scheme does not guarantee or assure any returns.

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Fund manager

Mahendra Jajoo

Exit load

N / A

Minimum sip

₹0

Minimum investment

₹5000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Indian Railway Finance Corporation Limited

8.00%

Larsen And Toubro Limited

5.21%

Reliance Industries Limited

5.18%

Rural Electrification Corporation Limited

5.17%

Sector Allocation

About the Scheme Type

Corporate Bond Funds invest into fixed income instruments, such as, bonds, commercial papers, debentures and structured obligations, issued by companies. Given that corporate bond funds ensure capital protection, they’re considered less risky. These are a good choice for investors looking for a fix but higher income from a reliable investment avenue. The usual investment horizon is 1 – 4 years and since these funds invest in the bonds of medium to long tenure, it should be looked as a long term investment option.

Ratings

This fund is rated 0 stars by Morning Star Ratings.

N/A

Overview of Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset was founded in 1997 in the wake of the Asian financial crisis with a vision of and dedication to serving clients in a way to help them build wealth for life with proven investment strategies. As on 12th March 2019, Mirae Asset Management’s AUM (Assets under Management) had crossed the important threshold of Rs 25,000 Cr (Rs 22,000 in equity and Rs 3,100 in debt), witnessing a growth of over 50% in calendar year 2018.

  • Mirae Asset Global Investments (India) Pvt. Ltd. was established in India, in November 2007, with a seed capital of US$ 50 million

  • Mirae Asset Mutual Fund is sponsored by Mirae Asset Global Investments Co. Limited, South Korea

  • Mirae Asset present in India as a Foreign Institutional Investor (FII) since 2004

  • Mirae Asset Global Investments India provides advisory services to Hong Kong & Korean offices

  • Mix of domestic and international businesses providing stable growth for Mirae Asser India business