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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
Expense Ratio	0.17%
Min subscription	₹ 5,000

Scheme Type	Open-ended
Scheme AUM (in Crs.)	₹ 575
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	3.28%
Franklin India Low Duration - Direct Plan	1000	1000	4.02%
Principal Low Duration Fund - Direct Plan	1000	1000	0.86%
Principal Low Duration Fund - Direct Plan	1000	1000	0.86%
Invesco India Treasury Advantage Fund - Direct Plan	1000	1000	7.75%
Franklin India Low Duration - Direct Plan	1000	1000	4.02%
Kotak Low Duration Fund - Direct Plan	1000	1000	8.29%
Kotak Low Duration Fund - Direct Plan	1000	1000	8.29%
IDFC Low Duration Fund - Direct Plan	1000	1000	7.66%

Top 10 Holdings

Company	Holding Type	Asset(%)
Tri Party Repo	Cash - Repurchase Agreement	12
AU Small Finance Bank Limited	Cash - CD Time Deposit	6
Housing Development Finance Corporation Limited	Bond - Corporate Bond	4
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	4
KOTAK MAHINDRA INVESTMENTS LIMITED	Cash - Commercial Paper	4
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA	Cash - CD Time Deposit	4
Punjab National Bank	Cash - CD Time Deposit	4
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA	Cash - CD Time Deposit	4
BANK OF BARODA	Cash - CD Time Deposit	4
National Bank For Agriculture And Rural Development	Cash - CD Time Deposit	4

Asset Allocation(%)

Asset	Percent
Bond - Corporate Bond	45
Cash - CD Time Deposit	35
Cash - Repurchase Agreement	12
Cash - Commercial Paper	4
Cash	4

Sector Allocation(%)

Sector	Percent
Bond - Corporate Bond	45
Cash - CD Time Deposit	35
Cash - Repurchase Agreement	12
Cash - Commercial Paper	4
Cash	4

Fund Manager

Mahendra Jajoo

3+ 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 Global Investments (India) Pvt. Ltd.,Unit 606, 6th Floor,,Windsor, Off CST Road, Kalina,,Santacruz (East),, Mumbai - 400 098

Calculate Returns

Investment Amount

Expected Annual Return Rate(%)

Investment DurationYears6Months0

Investment Amount₹ 10000

Return Amount₹ 4185

Return Rate6 %

Duration6y 0m