BB
Basant BafnaLead
Since Feb 2024
AUM managed
₹44,649.28Cr
Tenure
Since Feb 2024
Funds
19
Mirae Asset Low Dur Reg Gr
Low Duration FundMirae Asset Mutual Fund
NAV
₹1,963.07
+0.06% today
AUM
₹2,433.82 Cr
Fund size
Expense
0.72%
Regular plan
Min SIP
₹99
per month
Min Lumpsum
₹5,000
one-time
Exit Load
0.0
on redemption
Fund snapshot
Category rank#13 of 19
Risk-o-meterLow to Moderate Risk
BenchmarkNIFTY Low Duration Debt TR INR (100%)
Number of holdings57
Inception05 Mar 2008
Exit load0.0
Debt metrics
Modified duration0.92 yrs
Average maturity1.09542 yrs
Yield to maturity7.23%
Average credit qualityAA+
Standard deviation1.08%
Capital gains tax
Debt
STCG · short-term
Slab RateShort-term gains taxed at slab rate
Debt fund gains are taxed at your income slab rate.
LTCG · long-term
Slab RateLong-term gains taxed at slab rate
Debt fund gains are taxed at your income slab rate.
Debt and other non-equity mutual fund gains are taxed at the investor's slab rate.
Fund managers
About Mirae Asset Low Dur Reg Gr
Mirae Asset Low Dur Reg Gr is an open-ended Low Duration Fund mutual fund scheme offered by Mirae Asset Mutual Fund under the regular plan with the growth option. Its latest net asset value (NAV) is ₹1,963.07 per unit and the scheme manages ₹2,433.82 Cr in assets under management. The fund charges an expense ratio of 0.72% and is benchmarked against NIFTY Low Duration Debt TR INR (100%). Over the trailing 5 years, Mirae Asset Low Dur Reg Gr has delivered +6.58% returns. SEBI's riskometer places this scheme in the Low to Moderate Risk category, so read the scheme information document before investing.
Investment 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.
Regular Plan · Growth option · NAV as of 31 Oct 2019
Mirae Asset Low Dur Reg Gr returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | +0.80% | +0.19% |
| 3 months | +1.83% | +1.07% |
| 6 months | +2.81% | +2.53% |
| 1 year | +7.08% | +5.19% |
| 3 years | +6.33% | +6.86% |
| 5 years | +6.58% | +6.18% |
Rolling returns
| Period | Fund | Category average |
|---|---|---|
| 1 month | -- | +0.31% |
| 3 months | -- | +0.97% |
| 6 months | -- | +2.78% |
| 1 year | -- | +5.18% |
| 3 years | -- | +18.74% |
| 5 years | -- | +30.43% |
Past performance is not indicative of future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.
Mirae Asset Low Dur Reg Gr — frequently asked questions
What is the NAV of Mirae Asset Low Dur Reg Gr?
The latest net asset value (NAV) of Mirae Asset Low Dur Reg Gr is ₹1,963.07 per unit, +0.06% over the previous trading day. NAV is declared by the AMC at the end of every business day.
What returns has Mirae Asset Low Dur Reg Gr delivered?
Mirae Asset Low Dur Reg Gr has returned +6.58% over the trailing 5 years (1 year: +7.08%, 3 years: +6.33%). Returns beyond one year are annualised. Past performance does not guarantee future returns.
What is the expense ratio of Mirae Asset Low Dur Reg Gr?
Mirae Asset Low Dur Reg Gr charges an expense ratio of 0.72% per annum. The expense ratio is deducted from the scheme's assets, so the NAV you see is already net of it.
How risky is Mirae Asset Low Dur Reg Gr?
SEBI's riskometer classifies Mirae Asset Low Dur Reg Gr as Low to Moderate Risk, which is typical for a Low Duration Fund scheme. Match the scheme's risk level to your own risk tolerance and investment horizon before investing.
What is the minimum investment in Mirae Asset Low Dur Reg Gr?
You can start a SIP in Mirae Asset Low Dur Reg Gr from ₹99 per month, and the minimum lumpsum investment is ₹5,000.
Who manages Mirae Asset Low Dur Reg Gr?
Mirae Asset Low Dur Reg Gr is managed by Mirae Asset Mutual Fund, holds ₹2,433.82 Cr in assets under management and invests across 57 holdings. This page covers the regular plan with the growth option.
Scheme identifiers
- Fund house
- Mirae Asset Mutual Fund
- Scheme category
- Debt
- Scheme sub-category
- Low Duration Fund
- Plan
- Regular plan
- Option
- Growth
- ISIN
- INF769K01846
- Scheme code
- FSUSA08XM5