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Mirae Asset Short Term Fund - Direct Plan Unrated

Value Research
0.03%
Change from previous, NAV as on Apr 18, 2019
Category: Debt: Short Duration
Assets: R 67 crore (As on Mar 31, 2019)
Expense: 0.45% (As on Mar 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: 7.57%
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 3.16 0.68 2.60 7.29 - - -
CCIL T Bill Liquidity Weight 1.43 0.36 1.11 4.37 - - -
Category 2.65 0.58 2.18 7.36 - - -
Rank within Category 2 8 2 20 - - -
Number of funds in category 29 30 29 28 - - -
As on Apr 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 7.29 - - 0.45 67
Axis Short Term Fund - Direct Plan Jan-2013 7.90 7.93 8.82 0.28 3,052
Baroda Short Term Bond Fund - Direct Plan Jan-2013 7.87 8.68 9.15 0.72 283
BNP Paribas Short Term Fund - Direct Plan Jan-2013 7.91 7.75 8.57 0.33 158
Indiabulls Short Term Fund - Direct Plan Sep-2013 9.06 8.46 9.30 0.50 177
Portfolio
Portfolio Aggregates
  Fund 1Y High 1Y Low Category
Number of Securities 12 12 8 56
Modified Duration (yrs) 1.45 2.07 1.17 1.85
Average Maturity (yrs) 1.69 2.46 1.34 2.31
Yield to Maturity (%) 7.97 8.80 7.50 8.61
  Value Research Fund Style
 
Top Holdings
  Company Instrument Credit Rating 1Y Range % Assets
  7.7% HUDCO 2020 Debenture AAA 7.81 - 11.22 10.48
  7.43% HDB Financial Services 2020 Debenture AAA 7.70 - 11.68 10.34
  8.7% Reliance Jio Infocomm 2021 Debenture AAA 0.00 - 10.91 10.22
  7.9% Piramal Enterprises 2020 Bonds AA 7.70 - 11.76 10.21
  7.9% Aditya Birla Finance 2020 Debenture AAA 0.00 - 10.35 9.68
  8.5% LIC Housing Fin. 2021 Debenture AAA 2.89 - 10.57 9.01
  Bank of Baroda 2019 Certificate of Deposit A1+ 0.00 - 8.89 8.89
  8.5% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 9.76 7.68
  7.65% IRFC 2021 Debenture AAA 5.78 - 9.18 7.35
  7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.00 - 7.28 7.28
   Indicates an increase or decrease or no change in holding since last portfolio
 Indicates a new holding since last portfolio
As on Mar 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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Return
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As on Apr 18, 2019