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Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
Mirae Asset Corporate Bond Fund - Direct Plan
|
Moderate
|
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0.24 |
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|
Moderate
|
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0.36 |
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|
Moderate
|
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0.37 |
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|
Low to Moderate
|
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0.33 |
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|
Moderate
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0.36 |
₹48 Cr
--
5,000
--
99
5
About Mirae Asset Corporate Bond Fund - Direct Plan
Mirae Asset Corporate Bond Fund - Direct Plan is a debt mutual fund scheme of Mirae Asset Mutual Fund. Launched on March 17, 2021, it is currently managed by Kruti Chheta. The fund has an expense ratio of 0.24% with an overall AUM (Assets Under Management) of ₹48 Cr.
Mirae Asset Corporate Bond Fund - Direct Plan is mandated to invest at least 80 per cent of its assets in high-grade corporate bonds rated AA+ and above. The fund allows minimum lumpsum investment of ₹1,000 and minimum SIP of ₹99.
Investment Strategy
The scheme seeks to provide income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds.
Suitability
Corporate Bond funds are suitable for:
Note:
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 Corporate Bond 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 Corporate Bond 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 Corporate Bond Fund - Direct Plan, is ₹13.4842 as of 20-Mar-2026.
| Company | Percentage of Portfolio |
|---|---|
|
National Bank For Agriculture & Rural Development SR 25G Bonds 7.48 15/09/2028 |
6.78
|
|
HDFC Bank Ltd SR 1 NCD 6.44 27/09/2028 |
6.21
|
|
Bajaj Housing Finance Ltd Debenture 8.04 18/01/2027 |
5.29
|
|
REC Ltd SR 234-A Debenture 7.70 31/08/2026 |
5.26
|
|
GOI Sec 6.48 06/10/2035 |
5.19
|
Over the past five years, Mirae Asset Corporate Bond Fund - Direct Plan has delivered an annualised return of 6.14% as of 20-Mar-2026.
The minimum investment required to start investing in Mirae Asset Corporate Bond Fund - Direct Plan is ₹5,000 for the lump sum option and ₹99 for the SIP (Systematic Investment Plan) option.