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Mirae Asset Short Term Fund - Direct Plan Unrated

Value Research
0.03%
Change from previous, NAV as on Aug 23, 2019
Category: Debt: Short Duration
Assets: R 91 crore (As on Jul 31, 2019)
Expense: 0.28% (As on Jul 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: 8.69%
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 7.40 0.93 3.31 10.19 - - -
CCIL T Bill Liquidity Weight 3.06 0.43 1.24 4.68 - - -
Category 3.11 0.54 -0.18 5.88 - - -
Rank within Category 2 17 7 8 - - -
Number of funds in category 28 29 29 28 - - -
As on Aug 23, 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 10.19 - - 0.28 91
Axis Short Term Fund - Direct Plan Jan-2013 10.46 8.25 8.98 0.28 2,054
Baroda Short Term Bond Fund - Direct Plan Jan-2013 9.77 8.80 9.22 0.59 335
BNP Paribas Short Term Fund - Direct Plan Jan-2013 7.70 7.28 8.25 0.34 120
Indiabulls Short Term Fund - Direct Plan Sep-2013 9.06 8.23 9.20 0.48 104
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 13 13 8 54
Modified Duration (yrs) 2.45 2.45 1.02 2.10
Average Maturity (yrs) 3.16 3.16 1.19 2.66
Yield to Maturity (%) 7.38 8.80 7.38 8.85
  Value Research Fund Style
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  7.26% GOI 2029 GOI Securities SOV 0.00 - 21.59 21.59
  7.7% HUDCO 2020 Debenture AAA 7.72 - 11.22 7.72
  7.43% HDB Financial Services 2020 Debenture AAA 7.67 - 11.04 7.67
  8.7% Reliance Jio Infocomm 2021 Debenture AAA 0.00 - 10.91 7.60
  7.9% Piramal Enterprises 2020 Bonds AA 7.37 - 10.91 7.37
  7.9% Aditya Birla Finance 2020 Debenture AAA 0.00 - 10.35 7.15
  8.5% LIC Housing Fin. 2021 Debenture AAA 2.89 - 9.65 6.66
  8.5% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 9.76 5.67
  8.33% NTPC 2021 Bonds/NCDs AAA 2.07 - 6.88 5.60
  8.3% Reliance Industries 2022 Debenture AAA 0.00 - 6.86 5.60
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Jul 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

Related Funds 1-Year
Return
Kotak Bond - Short Term Plan - Direct Plan
10.68%
Axis Short Term Fund - Direct Plan
10.46%
Aditya Birla Sun Life Short Term Opportunities Fund - Direct Plan
10.37%
Baroda Short Term Bond Fund - Direct Plan
9.77%
HDFC Short Term Debt Fund - Direct Plan
9.72%
Indiabulls Short Term Fund - Direct Plan
9.06%
Franklin India Short Term Income Plan - Direct Plan
8.81%
BNP Paribas Short Term Fund - Direct Plan
7.70%
IDBI Short Term Bond Fund - Direct Plan
4.26%
Edelweiss Short Term Fund - Direct Plan
-1.90%
As on Aug 23, 2019