Mirae Asset Low Duration Fund Direct-Growth is a debt mutual fund offered by Mirae Asset Mutual Fund. The fund has an AUM of ₹1,248.72 Crores and the current NAV is ₹2337.343 as of November 16, 2024.
The Mirae Asset Low Duration Fund has returned 8.04% over the last year, 20.64% over the last three and 88.71% since its launch.
Mirae Asset Low Duration Fund Return
| Period | This fund | Category average |
|---|---|---|
| 1 month | 0.56% | 0.56% |
| 3 months | 1.93% | 1.94% |
| 6 months | 3.98% | 3.92% |
| 1 year | 8% | 7.86% |
| 3 years | 6.44% | 6.45% |
| 5 years | 6.01% | 6.54% |
| 10 years | 6.7% | 7.09% |
Mirae Asset Low Duration Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
Axis Bank Ltd.
|
Financial | CD | 6.33% |
|
LIC Housing Finance Ltd.
|
Financial | Debenture | 5.59% |
|
Reserve Bank of India
|
Financial | T-Bills | 4.73% |
|
National Bank For Agriculture & Rural Development
|
Financial | NCD | 4.31% |
|
Canara Bank
|
Financial | CD | 4.21% |
Sector Allocation in Mirae Asset Low Duration Fund
| Cash Holding | Percentage Change | Amount Change |
|---|---|---|
| ₹-83.96 Cr | -6.72% | ₹-83.96 Cr |
Disclaimer: Mutual fund investments are subject to market risks. Please read the scheme information document and other related documents carefully before investing. Past performance is not indicative of future results. The information provided in this article is for informational purposes only and should not be construed as investment advice or a recommendation. Readers are advised to seek independent financial advice before making any investment decisions. The author and the publication are not responsible for any investment losses incurred based on the information in this article.
