Low Duration Fund
Fund Type
Open Ended
Investment Plan
Dividend Payout
Expense Ratio
0%
Asset Size
1057.99 Cr.
(As of 31 Mar, 2021)
Benchmark
Crisil Low Duration Debt Index TR INR
Riskometer
Investors understand that their principal will be at Moderate Risk.
The investment objective of the scheme is to seek to generate returns with a portfolio comprising of debt and money market instruments, such that Macaulay duration of the portfolio is between 6 months - 12 months. The Scheme does not guarantee any returns.
Fund manager
Mahendra Jajoo
Exit load
N / A
Minimum sip
₹1000
Minimum investment
₹5000
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.
91 DTB 01042021
3.74%
Hindustan Petroleum Corporation Limited
3.44%
08.38 KA SDL 2022
2.20%
NTPC Limited
2.17%
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.
This fund is rated 3 stars by Morning Star Ratings.
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.