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Mirae Asset Short Term Fund - Direct Plan Unrated

Value Research
-0.01%
Change from previous, NAV as on Feb 15, 2019
Category: Debt: Short Duration
Assets: R 66 crore (As on Jan 31, 2019)
Expense: 0.29% (As on Jan 31, 2019)
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Basic Details
Fund House: Mirae Asset Mutual Fund
Launch Date: Mar 09, 2018
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderately Low
Risk Grade: -
Return Grade: -
Type: Open-ended
Investment Details
Return since Launch: 6.30%
Minimum Investment (R) 5,000
Minimum Addl Investment (R) 1,000
Minimum Withdrawal (R) -
Minimum SWP Withdrawal (R) 1,000
Minimum Balance (R) -
Exit Load (%) 0.25% for redemption within 30 days
Performance
  YTD 1-Month 3-Month 1-Year 3-Year 5-Year 10-Year
Fund 1.28 0.65 2.69 - - - -
CCIL T Bill Liquidity Weight 0.75 0.52 1.32 - - - -
Category 1.04 0.57 2.58 - - - -
Rank within Category 4 11 9 - - - -
Number of funds in category 29 29 29 - - - -
As on Feb 15, 2019
Peer Comparison
Fund Rating Launch 1-Year Ret 3-Year Ret 5-Year Ret Expense Ratio (%) Assets
(Cr)
Mirae Asset Short Term Fund - Direct Plan Unrated Mar-2018 - - - 0.29 66
Axis Short Term Fund - Direct Plan Jan-2013 7.65 8.18 8.86 0.28 4,700
Baroda Short Term Bond Fund - Direct Plan Jan-2013 8.15 8.86 9.27 0.69 236
BNP Paribas Short Term Fund - Direct Plan Jan-2013 7.75 7.92 8.56 0.33 130
Indiabulls Short Term Fund - Direct Plan Sep-2013 8.83 8.40 9.30 0.50 182
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 11 13 8 58
Modified Duration (yrs) 1.18 2.15 1.17 1.45
Average Maturity (yrs) 1.37 2.47 1.34 1.78
Yield to Maturity (%) 8.16 8.80 7.50 8.70
  Value Research Fund Style
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  7.7% HUDCO 2020 Debenture AAA 7.81 - 10.68 10.51
  7.43% HDB Financial Services 2020 Debenture AAA 7.70 - 11.68 10.34
  8.7% Reliance Jio Infocomm 2021 Debenture AAA 0.00 - 10.24 10.24
  7.9% Piramal Enterprises 2020 Bonds AA 7.70 - 11.76 10.22
  7.9% Aditya Birla Finance 2020 Debenture AAA 0.00 - 9.70 9.70
  8.5% LIC Housing Fin. 2021 Debenture AAA 2.89 - 10.57 9.01
  7.65% IRFC 2021 Debenture AAA 5.78 - 9.18 7.34
  HDFC Credila Financial Services 365-D 27/11/2019 Commercial Paper A1+ 0.00 - 6.67 3.52
  Edelweiss Commodities Services 2021 Deep Discount Bonds AA 3.17 - 11.11 3.17
  7.47% Power Finance Corp. 2021 Bonds AAA 0.00 - 9.90 2.93
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Jan 31, 2019
Contact Information

AMC: Mirae Asset Global Investments (India) Pvt.Ltd.

Address: Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai - 400098 | Phone: 022- 67800301 / 1800 2090 777

Email: [email protected]

Website: www.miraeassetmf.co.in



Registrar & Transfer Agent: Karvy Fintech Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034 | Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

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Related Funds 1-Year
Return
Franklin India Short Term Income Plan - Direct Plan
9.65%
Indiabulls Short Term Fund - Direct Plan
8.83%
Baroda Short Term Bond Fund - Direct Plan
8.15%
IDBI Short Term Bond Fund - Direct Plan
7.80%
BNP Paribas Short Term Fund - Direct Plan
7.75%
Axis Short Term Fund - Direct Plan
7.65%
HDFC Short Term Debt Fund - Direct Plan
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Sundaram Short Term Debt Fund - Direct Plan
7.42%
DHFL Pramerica Short Maturity Fund - Direct Plan
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BOI AXA Short Term Income Fund - Direct Plan
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As on Feb 15, 2019