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Mirae Asset Short Term Fund - Direct Plan Unrated

Value Research
0.18%
Change from previous, NAV as on Jun 18, 2019
Category: Debt: Short Duration
Assets: R 74 crore (As on May 31, 2019)
Expense: 0.29% (As on May 31, 2019)
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Basic Details
Fund House: Mirae Asset Mutual Fund
Launch Date: Mar 16, 2018
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderately Low
Risk Grade: -
Return Grade: -
Type: Open-ended
Investment Details
Return since Launch: 8.13%
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 5.11 1.40 2.58 9.68 - - -
CCIL T Bill Liquidity Weight 2.15 0.41 1.07 4.52 - - -
Category 1.60 -1.29 -0.34 6.03 - - -
Rank within Category 1 8 8 7 - - -
Number of funds in category 29 30 30 29 - - -
As on Jun 18, 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 9.68 - - 0.29 74
Axis Short Term Fund - Direct Plan Jan-2013 8.53 7.81 8.55 0.28 2,618
Baroda Short Term Bond Fund - Direct Plan Jan-2013 9.44 8.91 9.18 0.71 316
BNP Paribas Short Term Fund - Direct Plan Jan-2013 5.76 6.82 7.79 0.34 176
Indiabulls Short Term Fund - Direct Plan Sep-2013 10.12 8.53 9.32 0.48 506
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 12 12 8 57
Modified Duration (yrs) 1.86 1.98 1.02 1.90
Average Maturity (yrs) 2.36 2.36 1.19 2.40
Yield to Maturity (%) 7.48 8.80 7.48 9.23
  Value Research Fund Style
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  7.26% GOI 2029 GOI Securities SOV 0.00 - 10.31 10.31
  7.7% HUDCO 2020 Debenture AAA 9.50 - 11.22 9.50
  7.43% HDB Financial Services 2020 Debenture AAA 9.40 - 11.68 9.40
  8.7% Reliance Jio Infocomm 2021 Debenture AAA 0.00 - 10.91 9.30
  7.9% Piramal Enterprises 2020 Bonds AA 9.23 - 11.76 9.23
  7.9% Aditya Birla Finance 2020 Debenture AAA 0.00 - 10.35 8.78
  8.5% LIC Housing Fin. 2021 Debenture AAA 2.89 - 10.57 8.18
  8.5% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 9.76 6.96
  8.33% NTPC 2021 Bonds/NCDs AAA 1.79 - 6.88 6.88
  8.3% Reliance Industries 2022 Debenture AAA 0.00 - 6.86 6.86
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on May 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
Indiabulls Short Term Fund - Direct Plan
10.12%
Kotak Bond - Short Term Plan - Direct Plan
9.97%
Franklin India Short Term Income Plan - Direct Plan
9.85%
Baroda Short Term Bond Fund - Direct Plan
9.44%
HDFC Short Term Debt Fund - Direct Plan
9.12%
Axis Short Term Fund - Direct Plan
8.53%
BNP Paribas Short Term Fund - Direct Plan
5.76%
IDBI Short Term Bond Fund - Direct Plan
4.10%
Sundaram Short Term Debt Fund - Direct Plan
0.62%
Edelweiss Short Term Fund - Direct Plan
-1.99%
As on Jun 18, 2019