Share Fund
The investment objective of the scheme is to seek to generate returns with a portfolio comprising of debt and money market instruments, such that Macaulay duration of the portfolio is between 6 months - 12 months. The Scheme does not guarantee any returns.
Suitability
Optimal returns over medium term.
• Investment in a portfolio of debt and money market instruments
Scheme Class | Debt |
Scheme Category | Low Duration |
Expense Ratio | 0.26% |
Min subscription | ₹ 5,000 |
Scheme Type | Open-ended |
Scheme AUM (in Crs.) | ₹ 1,021 |
AMC AUM (in Crs.) | ₹ 24,191 |
Min Addition Subscription | ₹ 1,000 |
Benchmark Type | CRISIL Liquid Debt TR INR |
Exit Load | No Exit load, if redeemed after 0 years. |
Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
---|---|---|---|
UTI - Low Duration Fund - Direct Plan | 10000 | 1000 | 6.27% |
Franklin India Low Duration - Direct Plan | 1000 | 1000 | 3.31% |
Principal Low Duration Fund - Direct Plan | 1000 | 1000 | 6.48% |
Principal Low Duration Fund - Direct Plan | 1000 | 1000 | 6.48% |
Invesco India low Duration fund - Direct Plan | 1000 | 1000 | 6.16% |
Franklin India Low Duration - Direct Plan | 1000 | 1000 | 3.31% |
Kotak Low Duration Fund - Direct Plan | 1000 | 1000 | 6.48% |
Kotak Low Duration Fund - Direct Plan | 1000 | 1000 | 6.48% |
IDFC Low Duration Fund - Direct Plan | 1000 | 1000 | 6.13% |
Company | Holding Type | Asset(%) |
---|---|---|
LIC Housing Finance Ltd | Bond - Corporate Bond | 5 |
Canara Bank | Cash - CD Time Deposit | 4 |
182 DTB 28112024 | Bond - Gov't Treasury | 4 |
Canara Bank | Cash - CD Time Deposit | 3 |
Bank Of Baroda | Cash - CD Time Deposit | 3 |
Rec Limited | Bond - Corporate Bond | 3 |
Rural Electrification Corporation Limited | Bond - Corporate Bond | 3 |
ICICI Bank Limited | Cash - CD Time Deposit | 2 |
Small Industries Development Bank Of India | Bond - Corporate Bond | 2 |
8.34% Govt Stock 2033 | Bond - Gov't Treasury | 2 |
Asset | Percent |
---|---|
Bond - Corporate Bond | 49 |
Cash - CD Time Deposit | 23 |
Bond - Gov't Treasury | 12 |
Cash - Commercial Paper | 11 |
Cash - Repurchase Agreement | 2 |
Sector | Percent |
---|---|
Bond - Corporate Bond | 49 |
Cash - CD Time Deposit | 23 |
Bond - Gov't Treasury | 12 |
Cash - Commercial Paper | 11 |
Cash - Repurchase Agreement | 2 |
Fund Manager
Basant Bafna
0+ years of experience
About
customercare@miraeasset.com
Phone
022 - 67800300
Address
Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098, Mumbai - 400 098