Rating : ★ ★ ★ ☆ ☆
Mirae Asset Savings Fund Direct Plan Monthly Payout of Income Dis cum cptl wdrl
 ÂLow Duration Fund
Fund Type
Open Ended
Investment Plan
Dividend Payout
Expense Ratio
0%
Asset Size
874.10 Cr.
(As of 15 Jan, 2022)
Benchmark
Crisil Low Duration Debt Index TR INR
Riskometer
Investors understand that their principal will be at Moderate Risk.
Objective
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
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
Manappuram Finance Limited
5.34%
5.09% Govt Stock 2022
4.86%
Hindustan Petroleum Corporation Limited
3.96%
08.60 Tn SDL 2023
2.54%
Sector Allocation
About the Scheme Type
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.
Ratings
This fund is rated 3 stars by Morning Star Ratings.
★ ★ ★ ☆ ☆
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