Mirae Asset Short Term Direct Growth - Regular - Latest NAV [ ₹12.9569 ], Returns, Performance, Portfolio & Returns 2021

Mirae Asset Short Term Direct Growth

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Min amount: ₹1,000

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years--
3 Years8.38%
1 Year4.91%
6 Months2.56%
Fund Details
RiskLow to Moderate Risk
Fund TypeShort Duration
Exit Load0.25% for 30 Days

More about this fundstar

Top HoldingsWeightage
5.63% Govt Stock 20266.21%
Triparty Repo5.39%
6.18% Govt Stock 20243.92%
08.38 KA SDL 20223.64%
7.37% Govt Stock 20233.63%
6.84% Govt Stock 20223.59%
Small Industries Development Bank Of India3.43%
Aditya Birla Finance Limited3.4%
Hindustan Petroleum Corporation Limited2.86%
4.48% Govt Stock 20232.77%

About Mirae Asset Short Term Fund - Direct Plan - Growth

Mirae Asset Short Term Fund is an open-ended debt mutual fund which invests predominantly in debt and money market securities that mature between one to three years. This fund is best suited to individuals with an investment horizon of less than three years.

Pros and Cons of Mirae Asset Short Term Fund - Direct Plan - Growth

Mirae Asset Short Term Fund is a well-diversified debt mutual fund which seeks to actively manage the portfolio which consists of debt and money market instruments, InvITs and REITs. On the flip side, the returns offered by the fund is not comparable to that of equity funds as the equity exposure is nil to minimal.

Fund Information and Statistics

i) Inception/Launch Date Mirae Asset Short Term Fund was launched on 16 March 2018.

ii) Risk Level Mirae Asset Short Term Fund falls under the 'moderately low risk' category of mutual funds.

iii) Redemption As this fund is an open-ended scheme, you can place redemption requests any time. However, you have to be aware of the tax implications and exit load.

iv) Fund Manager Mr Mahendra Jajoo is the current fund manager of the Mirae Asset Short Term Fund.

v) Entry/Exit Load There is no entry load as per the norms of the Securities and Exchange Board of India (SEBI). Redemption requests placed within the first thirty days of investment are processed at an exit load of 0.25%. After thirty days, no exit load applies.

About Mirae Asset Mutual Fund

The Mirae Asset Mutual Fund registered with the SEBI in November 2007. Mirae Asset Trustee Company Private Limited and Mirae Asset Global Investments Company Limited-Seoul, Korea, are the sponsor and trustee respectively of the Mirea fund house. As of 31 May 2020, the assets under management of the Mirae Asset Mutual Fund was Rs 41,252 crore.

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Frequently Asked Questions

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Min amount: ₹1,000

Low to Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns