Mirae Asset Saving 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 |
| Benchmark Type | Crisil Liquid Fund Index |
| Expense Ratio | 0.13% |
| Min subscription | ₹ 5,000 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 572 |
| AMC AUM (in Crs.) | ₹ 24,191 |
| Min Addition Subscription | ₹ 1,000 |
Performance
Comparison
Portfolio
AMC Details
Building Graph
Peer Comparison
| Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
|---|---|---|---|
| 10000 | 1000 | 3.5% | |
| 1000 | 1000 | 8.84% | |
| 1000 | 1000 | 1.13% | |
| 1000 | 1000 | 1.13% | |
| 1000 | 1000 | 7.88% | |
| 1000 | 1000 | 8.84% | |
| 1000 | 1000 | 8.45% | |
| 1000 | 1000 | 8.45% | |
| 1000 | 1000 | 8.84% |
Top 10 Holdings
| Company | Holding Type | Asset(%) |
|---|---|---|
| NTPC LIMITED | Cash - Commercial Paper | 7 |
| Tri Party Repo | Cash - Repurchase Agreement | 6 |
| HDFC CREDILA FINANCIAL SERVICES PRIVATE LIMITED | Cash - Commercial Paper | 5 |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | 4 |
| AXIS BANK LIMITED | Cash - CD Time Deposit | 4 |
| AU SMALL FINANCE BANK LIMITED | Cash - CD Time Deposit | 4 |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | Cash - CD Time Deposit | 4 |
| KOTAK MAHINDRA INVESTMENTS LIMITED | Cash - Commercial Paper | 4 |
| HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED | Cash - Commercial Paper | 4 |
| Punjab National Bank | Cash - CD Time Deposit | 4 |
Asset Allocation(%)
| Asset | Percent |
|---|---|
| Bond - Corporate Bond | 39 |
| Cash - CD Time Deposit | 34 |
| Cash - Commercial Paper | 20 |
| Cash - Repurchase Agreement | 6 |
| Cash | 1 |
Sector Allocation(%)
| Sector | Percent |
|---|---|
| Bond - Corporate Bond | 39 |
| Cash - CD Time Deposit | 34 |
| Cash - Commercial Paper | 20 |
| Cash - Repurchase Agreement | 6 |
| Cash | 1 |
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.
Email
customercare@miraeassetmf.co.in
Phone
022 - 67800300
Address
Unit No.606, Windsor Building Off.,C.S.T Road, Kalina Santacruz E, Mumbai - 400 098
Mirae Mutual Fund
Calculate Returns
LUMPSUM
SIP
Investment Amount
₹10,000
Return Amount
₹4,185
Return Rate
6%
Duration
6y 0m
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