Widely used:
Our Opinion
Recently Viewed
Clear AllValue Research Rating
Our Opinion
Riskometer
Low to Moderate
₹2,458.9435 0.01%
As on 20-Jun-2025
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
|
Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
Mirae Asset Low Duration Fund - Direct Plan
|
|
|
Low to Moderate
|
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0.18 |
|
 |
|
Moderate
|
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0.43 |
||
 |
|
Low to Moderate
|
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0.43 |
||
|
|
Low to Moderate
|
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0.35 |
||
|
|
Low to Moderate
|
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0.26 |
₹1,838 Cr
--
5,000
1,000
99
5
Investment Strategy
The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
Suitability
"Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.
Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund."
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of Mirae Asset Low Duration Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, Mirae Asset Low Duration Fund - Direct Plan can be bought from the Mirae Asset Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of Mirae Asset Low Duration Fund - Direct Plan, is ₹2,458.9435 as of 22-Jun-2025.
| Company | Percentage of Portfolio |
|---|---|
|
Reserve Bank of India T-Bills 364-D 26/03/2026 |
5.20
|
|
National Bank For Agriculture & Rural Development SR 23A Debenture 7.40 30/01/2026 |
4.37
|
|
Reserve Bank of India T-Bills 364-D 23/10/2025 |
3.99
|
|
REC Ltd SR 221 Debenture 7.51 31/07/2026 |
3.02
|
|
Bharti Telecom Ltd SR XVI Debenture 8.90 04/12/2025 |
2.73
|
Over the past five years, Mirae Asset Low Duration Fund - Direct Plan has delivered an annualised return of 6.31% as of 22-Jun-2025.
The minimum investment required to start investing in Mirae Asset Low Duration Fund - Direct Plan is ₹5,000 for the lump sum option and ₹99 for the SIP (Systematic Investment Plan) option.
