Mirae Asset Low Duration Fund - Growth - Direct Plan

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  • 0.02 %Nav, as on 11-03-2025

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  • Net Change on 11-03-2025

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

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.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Mirae Asset Low Duration Fund - Direct Plan - Growth 6.87 7.06 7.90 6.86 6.15 7.02
Crisil 10 Yr Gilt Index N/A N/A N/A N/A N/A N/A
NIFTY Low Duration Debt Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Mirae Asset Low Duration Fund - Direct Plan - Growth Jan 01, 2013 7.90 6.86 6.15 0.21 1,199.97
ICICI Prudential Savings Fund - Direct Plan - Growth Jan 01, 2013 7.88 7.18 6.56 0.42 22,237.65
HDFC Low Duration Fund - Direct Plan - Growth Jan 01, 2013 7.89 7.05 6.67 0.45 18,130.90
SBI MAGNUM LOW DURATION FUND - DIRECT PLAN - GROWTH Jan 01, 2013 7.69 6.80 6.14 0.43 12,334.94
Aditya Birla Sun Life Low duration Fund - Growth - Direct Plan Jan 01, 2013 7.77 7.08 6.66 0.42 12,214.04
Kotak Low Duration Fund- Direct Plan- Growth Option Jan 01, 2013 7.99 7.02 6.58 0.42 11,754.82

Fund Holdings as on 28-February-2025

  • 364 Days Tbill (MD 04/12/2025)

  • 7.5% National Bank For Agriculture and Rural Development (31/08/2026) **

  • 4.7% Government of India (22/09/2033)

  • 6.35% Power Finance Corporation Limited (30/06/2025) **

  • 6.25% LIC Housing Finance Limited (20/06/2025) **

  • 7.59% Small Industries Dev Bank of India (10/02/2026) **

  • ICICI Bank Limited (27/06/2025) #

  • 7.11% Small Industries Dev Bank of India (27/02/2026)

  • TREPS

  • Axis Bank Limited (06/06/2025) ** #

  • HDFC Bank Limited (25/02/2026) ** #

  • 7.44% Small Industries Dev Bank of India (04/09/2026)

  • 7.64% Power Finance Corporation Limited (25/08/2026) **

  • 7.58% National Bank For Agriculture and Rural Development (31/07/2026) **

  • 364 Days Tbill (MD 03/04/2025)

  • Kotak Mahindra Bank Limited (02/05/2025) ** #

  • Bank of Baroda (05/05/2025) ** #

  • Axis Bank Limited (19/05/2025) ** #

  • HDFC Bank Limited (02/06/2025) ** #

  • 6.4% LIC Housing Finance Limited (30/11/2026) **

  • Muthoot Finance Limited (10/06/2025)

  • Birla Group Holdings Private Limited (06/02/2026) **

  • Motilal Oswal Financial Services Limited (06/02/2026) **

  • Net Receivables / (Payables)

  • Motilal Oswal Financial Services Limited (19/06/2025) **

  • 8.46% HDFC Bank Limited (24/06/2026) **

  • 7.77% Power Finance Corporation Limited (15/07/2026) **

  • 7.77% Embassy Office Parks REIT (05/06/2025) **

  • Canara Bank (28/05/2025) #

  • 8.94% Hero Fincorp Limited (10/09/2025) **

  • 8.02% Mindspace Business Parks REIT (13/04/2026) **

  • 8.9% Muthoot Finance Limited (07/10/2027) **

  • 8.1432% LIC Housing Finance Limited (25/03/2026) **

  • 5.776% LIC Housing Finance Limited (11/09/2025) **

  • 7.9% Bajaj Finance Limited (13/04/2028) **

  • 7.77% REC Limited (31/03/2028) **

  • 7.89% GUJARAT SDL (MD 15/05/2025)

  • 9.5% Motilal Oswal Finvest Limited (12/09/2025) **

  • 7.53% National Bank For Agriculture and Rural Development (24/03/2028)

  • 7.7% REC Limited (31/08/2026) **

  • 8% ONGC Petro Additions Limited (11/04/2025) **

  • 7.56% India Infrastructure Fin Co Ltd (20/03/2028) **

  • 7.7% HDFC Bank Limited (18/11/2025)

  • 7.7% HDB Financial Services Limited (11/08/2025) **

  • 9.95% IndoStar Capital Finance Limited (27/05/2026) **

  • 9.95% IndoStar Capital Finance Limited (26/06/2026) **

  • 7.25% National Bank For Agriculture and Rural Development (01/08/2025) **

  • 7.43% Small Industries Dev Bank of India (31/08/2026) **

  • 5.62% Export Import Bank of India (20/06/2025) **

  • Canara Bank (16/05/2025) ** #

  • HDFC Bank Limited (24/06/2025) ** #

  • 7.9265% LIC Housing Finance Limited (14/07/2027)

  • 7.15% Small Industries Dev Bank of India (02/06/2025) **

  • 7.2% Export Import Bank of India (05/06/2025) **

  • 7.37% Government of India (23/10/2028)

  • 7.56% REC Limited (31/08/2027) **

  • 7.75% Muthoot Finance Limited (30/09/2025) **

  • 7.15% Power Finance Corporation Limited (08/09/2025) **

  • Kotak Mahindra Bank Limited (09/05/2025) ** #

  • 6% HDFC Bank Limited (29/05/2026) **

  • Class A2 units of Alternative Investment Fund Units #

  • 7.2% National Bank For Agriculture and Rural Development (23/09/2025) **

  • 7.475% Kotak Mahindra Prime Limited (20/08/2026) **

  • 7.75% Karnatak SDL (MD 01/03/2027)

  • 7.85% Power Finance Corporation Limited (03/04/2028) **

  • 8.45% HDFC Bank Limited (18/05/2026) **

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  • Miscellaneous

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  • CARE AA-

  • CARE AAA

  • Cash

  • CRISIL A1+

  • CRISIL AA

  • CRISIL AA+

  • CRISIL AAA

  • FITCH A1+

  • ICRA A1+

  • ICRA AAA

  • ICRA AAA(CE)

  • SOVEREIGN

  • Unrated

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About Mirae Asset Low Duration Fund

Scheme Analysis

Mirae Asset Low Duration Fund is a Debt - Low Duration Fund fund and belongs to Mirae Asset Mutual Fund. It was launched on 01-Jan-2013 and currently has an AUM of ₹1,199.97 crore. Mirae Asset Low Duration Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and NIFTY Low Duration Debt Index as secondary index.

The NAV of Mirae Asset Low Duration Fund ended up ₹0.48(0.02%)yesterday to ₹2390.7407.

Among its top 3 holdings the fund has exposure to 364 Days Tbill (MD 04/12/2025), and

The Mirae Asset Low Duration Fund is managed by Basant Bafna .

Fund House Contact

Unit 606, 6th Floor, Windsor Building, Off CST Road, Kalina, Santacruz (E), Mumbai - 400 098

022-67800300
022-67253940