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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	0.37%
Min subscription	₹ 5,000

Scheme Type	Open-ended
Scheme AUM (in Crs.)	₹ 635
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	7.39%
Franklin India Low Duration - Direct Plan	1000	1000	11.47%
Principal Low Duration Fund - Direct Plan	1000	1000	2.73%
Principal Low Duration Fund - Direct Plan	1000	1000	2.73%
Invesco India Treasury Advantage Fund - Direct Plan	1000	1000	5.65%
Franklin India Low Duration - Direct Plan	1000	1000	11.47%
Kotak Low Duration Fund - Direct Plan	1000	1000	6.28%
Kotak Low Duration Fund - Direct Plan	1000	1000	6.28%
IDFC Low Duration Fund - Direct Plan	1000	1000	5.45%

Top 10 Holdings

Company	Holding Type	Asset(%)
Treps	Cash - Repurchase Agreement	7
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	5
Shriram Transport Finance Company Limited	Bond - Corporate Bond	5
07.89 GJ Sdl 2025	Bond - Gov't Treasury	4
Reliance Retail Ventures Limited	Cash - Commercial Paper	4
Idfc First Bank Limited (20/01/2023) ** #	Cash - CD Time Deposit	4
Birla Group Holdings Private Limited	Cash - Commercial Paper	4
Canara Bank	Cash - CD Time Deposit	4
Muthoot Finance Limited	Bond - Corporate Bond	4
Export-Import Bank Of India	Cash - CD Time Deposit	4

Asset Allocation(%)

Asset	Percent
Bond - Corporate Bond	36
Cash - CD Time Deposit	33
Cash - Commercial Paper	12
Bond - Gov't Treasury	10
Cash - Repurchase Agreement	7

Sector Allocation(%)

Sector	Percent
Bond - Corporate Bond	36
Cash - CD Time Deposit	33
Cash - Commercial Paper	12
Bond - Gov't Treasury	10
Cash - Repurchase Agreement	7

Fund Manager

Mahendra Jajoo

6+ years of experience

Kruti Chheta

0+ 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.

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

Calculate Returns

Investment Amount

Expected Annual Return Rate(%)

Investment DurationYears6Months0

Investment Amount₹ 10000

Return Amount₹ 4185

Return Rate6 %

Duration6y 0m