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Mirae Asset Savings Fund - Direct Plan

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

Fund Info

Scheme Class	Debt
Scheme Category	Low Duration
Expense Ratio	0.28%
Min subscription	₹ 5,000

Scheme Type	Open-ended
Scheme AUM (in Crs.)	₹ 858
AMC AUM (in Crs.)	₹ 24,191
Min Addition Subscription	₹ 1,000

Benchmark Type

CRISIL Liquid Fund TR INR

Exit Load

No Exit load, if redeemed after 0 years.

Building Graph

Peer Comparison

Fund	Min SIP Inv.	Min Inv.	Returns 3Y
UTI - Treasury Advantage Fund - Direct Plan	10000	1000	7.43%
Franklin India Low Duration - Direct Plan	1000	1000	8.3%
Principal Low Duration Fund - Direct Plan	1000	1000	4.11%
Principal Low Duration Fund - Direct Plan	1000	1000	4.11%
Invesco India Treasury Advantage Fund - Direct Plan	1000	1000	5.71%
Franklin India Low Duration - Direct Plan	1000	1000	8.3%
Kotak Low Duration Fund - Direct Plan	1000	1000	6.37%
Kotak Low Duration Fund - Direct Plan	1000	1000	6.37%
IDFC Low Duration Fund - Direct Plan	1000	1000	5.45%

Top 10 Holdings

Company	Holding Type	Asset(%)
Triparty Repo	Cash - Repurchase Agreement	18
Net Receivables / (Payables)	Cash	7
8.15% Govt Stock 2022	Bond - Gov't Treasury	6
Hindustan Petroleum Corporation Limited	Bond - Corporate Bond	5
08.60 Tn SDL 2023	Bond - Gov't Treasury	3
Jamnagar Utilities & Power Private Limited	Bond - Corporate Bond	3
Power Finance Corporation Ltd.	Bond - Corporate Bond	3
Housing Development Finance Corporation Ltd	Bond - Corporate Bond	3
Kotak Mahindra Bank Limited	Cash - CD Time Deposit	3
182 Dtb 07072022	Bond - Gov't Treasury	3

Asset Allocation(%)

Asset	Percent
Bond - Corporate Bond	34
Bond - Gov't Treasury	26
Cash - Repurchase Agreement	18
Cash - CD Time Deposit	10
Cash	7

Sector Allocation(%)

Sector	Percent
Bond - Corporate Bond	34
Bond - Gov't Treasury	26
Cash - Repurchase Agreement	18
Cash - CD Time Deposit	10
Cash	7

Fund Manager

Mahendra Jajoo

5+ years of experience

Mirae Mutual Fund

AUM₹24,191 Cr

About

Mirae Asset was founded in 1997 in the wake of the Asian currency crisis. Today, Mirae Asset encompasses the global capability to deliver to investors around the world via on-the-ground presence in 12 countries across 5 continents. Their goal is to provide clients with insightful financial strategies and consistent performance through their diversified product offering.##Mirae believes that they are the best investment choice because of their strong investment philosophy, and niche to understand comparative advantage of various companies to make a sustainable and long- lasting decision for investors. They always believe in investing with a long term goal to sustainability in the market.As a global brand it has obtained the trust of investors and has made a mark for itself in the mutual fund industry.

Phone

022 - 67800300

Address

India, -

Calculate Returns

Investment Amount

Expected Annual Return Rate(%)

Investment DurationYears6Months0

Investment Amount₹ 10000

Return Amount₹ 4185

Return Rate6 %

Duration6y 0m