Mirae Asset Low Duration Fund - Regular Plan - Weekly IDCW
Fund House: Mirae Asset Mutual Fund| Category: Debt: Low Duration |
| Launch Date: 05-03-2008 |
| Asset Class: Fixed Income |
| Benchmark: Nifty Low Duration Debt Index A-I |
| TER: 0.85% As on (30-06-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 812.48 Cr As on (30-06-2024) |
| Turn over: - | Exit Load: Nil |
1108.1615
0.29 (0.0259%)
4.08%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
S&P BSE India Bond Index
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 0.63 |
| Sharpe Ratio | -0.52 |
| Alpha | 2.42 |
| Beta | 1.37 |
| Yield to Maturity | 7.7 |
| Average Maturity | 0.9 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Mirae Asset Low Duration Fund - Regular Plan - Weekly IDCW | 05-03-2008 | 7.09 | 6.6 | 5.37 | 5.17 | 4.99 |
| ICICI Prudential Savings Fund - Growth | 27-09-2002 | 7.71 | 7.74 | 6.1 | 6.5 | 7.4 |
| HSBC Low Duration Fund - Regular Growth | 01-01-2013 | 7.35 | 6.79 | 5.56 | 5.69 | 6.88 |
| Axis Treasury Advantage Fund - Regular Plan - Growth Option | 05-10-2009 | 7.18 | 6.88 | 5.74 | 6.06 | 6.98 |
| Axis Treasury Advantage Fund - Retail Plan - Growth Option | 15-03-2010 | 7.18 | 6.88 | 5.74 | 6.1 | 6.77 |
| UTI Low Duration Fund - Regular Plan - Growth Option | 21-03-2003 | 7.18 | 6.89 | 7.52 | 7.1 | 6.33 |
| HDFC Low Duration Fund - Growth | 05-11-1999 | 7.16 | 6.9 | 5.61 | 6.06 | 6.79 |
| Invesco India Low Duration Fund - Growth | 18-01-2007 | 7.16 | 6.67 | 5.48 | 5.85 | 6.87 |
| Canara Robeco Savings Fund - Regular Plan - Growth Option | 05-03-2005 | 7.09 | 6.71 | 5.5 | 5.56 | 6.73 |
| Tata Treasury Advantage Fund - Regular Plan - Growth Option | 06-09-2005 | 7.03 | 6.65 | 5.54 | 5.9 | 6.36 |
Scheme Characteristics
Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 6 months - 12 months.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.03%
