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 | 0.21% |
| Min subscription | ₹ 5,000 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 1,784 |
| 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 | 7.43% |
Franklin India Low Duration - Direct Plan | 1000 | 1000 | 0.28% |
Principal Low Duration Fund - Direct Plan | 1000 | 1000 | 6.72% |
Principal Low Duration Fund - Direct Plan | 1000 | 1000 | 6.72% |
Invesco India low Duration fund - Direct Plan | 1000 | 1000 | 7.36% |
Franklin India Low Duration - Direct Plan | 1000 | 1000 | 0.28% |
Kotak Low Duration Fund - Direct Plan | 1000 | 1000 | 7.9% |
Kotak Low Duration Fund - Direct Plan | 1000 | 1000 | 7.9% |
IDFC Low Duration Fund - Direct Plan | 1000 | 1000 | 7.37% |
| Company | Holding Type | Asset(%) |
|---|---|---|
India (Republic of) | 5 | |
ICICI Bank Limited | Cash - CD Time Deposit | 5 |
364 DTB 23-Oct-2025 | Bond - Gov't Treasury | 4 |
Rural Electrification Corporation Limited | Bond - Corporate Bond | 3 |
Godrej Consumer Products Ltd. | Cash - Commercial Paper | 3 |
Union Bank Of India | Cash - CD Time Deposit | 3 |
Punjab National Bank | Bond - Gov't Agency Debt | 3 |
Power Finance Corporation Limited | Bond - Corporate Bond | 3 |
LIC Housing Finance Ltd | Bond - Corporate Bond | 3 |
Power Grid Corporation Of India Limited | Bond - Corporate Bond | 2 |
| Asset | Percent |
|---|---|
Bond - Corporate Bond | 53 |
Cash - CD Time Deposit | 19 |
Cash - Commercial Paper | 11 |
Bond - Gov't Treasury | 5 |
| 5 |
| Sector | Percent |
|---|---|
Bond - Corporate Bond | 53 |
Cash - CD Time Deposit | 19 |
Cash - Commercial Paper | 11 |
Bond - Gov't Treasury | 5 |
| 5 |
Fund Manager
Basant Bafna
1+ 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
