(As of 15 Jun, 2022)
CRISIL Short Duration Fund TR INR
Investors understand that their principal will be at Risk.
The investment objective of the scheme is to seek to generate returns through an actively managed diversified portfolio of debt and money market instruments with Macaulay duration of the portfolio is between 1 year to 3 years.However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns
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.
182 Dtb 04082022
5.63% Govt Stock 2026
Rural Electrification Corporation Limited
Hindustan Petroleum Corporation Limited
Short Duration Mutual Funds usually have an investment horizon spanning about 1 – 3 years, with a scope to be extended to 4 years. Short Duration Mutual Funds are often accompanied by modest risks and non-volatile returns and theydo not even attract penalty on pre-mature withdrawals. These are usually beneficial for investors with lower risk appetite and offer greater post tax returns in comparison to other non-equitycounterparts of the same tenure.
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.