What is the current price / NAV of Mirae Asset Low Duration Fund?
The current NAV of Mirae Asset Low Duration Fund is ₹2636.66, as of 31st July 2026.What are the returns of Mirae Asset Low Duration Fund?
The Mirae Asset Low Duration Fund was launched on 1st January 2013. This mutual fund's past returns are as follows:- 1 Year Returns: 6.40%
- 3 Year Returns: 7.50%
- 5 Year Returns: 6.57%
What are the top 5 sectoral holdings of Mirae Asset Low Duration Fund?
The top sectors Mirae Asset Low Duration Fund has invested in are as follows:- Public Banks | 29.93%
- Private Banks | 13.56%
- Specialized Finance | 11.56%
- G-Sec | 11.05%
- Home Financing | 8.87%
What are the top 5 holdings of Mirae Asset Low Duration Fund?
The top 5 holdings for Mirae Asset Low Duration Fund are as follows:- TREPS | 5.20%
- ICICI Bank Ltd. (MD 25/03/2027)# | 3.88%
- 7.54% Knowledge Realty Trust (MD 08/05/2029)** | 3.76%
- 364 Days Treasury Bills (MD 28/08/2026) | 3.57%
- HDFC Bank Ltd. (MD 12/03/2027)**# | 3.39%
What is the asset allocation of Mirae Asset Low Duration Fund?
The asset allocation for Mirae Asset Low Duration Fund is as follows:- Corporate Debt | 49.29%
- Certificate of Deposit | 29.07%
- Treasury Bills | 8.73%
- Commercial Paper | 7.62%
- Government Securities | 2.32%
What is the AUM of Mirae Asset Low Duration Fund?
The AUM (i.e. assets under management) of Mirae Asset Low Duration Fund is ₹2085.14 Cr as of 31st July 2026.What is the expense ratio of Mirae Asset Low Duration Fund?
The expense ratio of Mirae Asset Low Duration Fund Plan is 0.20 as of 31st July 2026.What is the alpha ratio of Mirae Asset Low Duration Fund?
The alpha ratio for the Mirae Asset Low Duration Fund is 0.85
Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.
What is the volatility or standard deviation of Mirae Asset Low Duration Fund?
The volatility or standard deviation for the Mirae Asset Low Duration Fund is 0.60
Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.
What is the sharpe ratio of Mirae Asset Low Duration Fund?
The Sharpe ratio for the Mirae Asset Low Duration Fund is 3.34
The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.
What is the Sortino ratio of Mirae Asset Low Duration Fund?
The Sortino Ratio for the Mirae Asset Low Duration Fund is 0.44
The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.
Mirae Asset Low Duration Fund Direct Growth
Scorecard
Performance
HighThe creamy layer - amongst the top performing Mutual Funds
Risk
AvgAverage risk vs others in sub-category
Cost
LowExpense that wouldn't create any worry
Composition
AvgAverage allocation strategy, nothing exciting
Red flags
LowWe got you covered, no major red flags identified
How to use scorecard? Learn more
Mirae Asset Low Duration Fund Direct Growth
Scorecard
Performance
HighThe creamy layer - amongst the top performing Mutual Funds
Risk
AvgAverage risk vs others in sub-category
Cost
LowExpense that wouldn't create any worry
Composition
AvgAverage allocation strategy, nothing exciting
Red flags
LowWe got you covered, no major red flags identified
How to use scorecard? Learn more
Mirae Asset Low Duration Fund Performance & Key Metrics
Mirae Asset Low Duration Fund Performance & Key Metrics
| Expense RatioExpense Ratio | No LabelNo Label | No LabelNo Label |
|---|---|---|
| 0.20 | 7.07 | 3.34 |
| No LabelNo Label | No LabelNo Label | No LabelNo Label |
|---|---|---|
| 0.55 | 7.11 | 2.75 |
Mirae Asset Low Duration Fund Scheme InfoMirae Asset Low Duration Fund Scheme Info
| PlanPlan | Lock inLock in | Exit LoadExit Load |
|---|---|---|
| Growth | 0 yrs | 0.00% |
| SIP Inv.SIP Inv. | Min. LumpsumMin. Lumpsum |
|---|---|
| Allowed | ₹ 5,000 |
| BenchmarkBenchmark |
|---|
| NIFTY Low Duration Debt Index |
About Low Duration Fund
About Low Duration Fund
Low duration funds are debt funds. They invest in short term debt securities for the duration between 6 to 12 months. They have relatively higher interest rate risk and credit risk.
Mirae Asset Low Duration Fund Peers
Mirae Asset Low Duration Fund Peers & Comparison
DebtLow Duration Fund
Returns
Scheme
Ratios
| Mutual Fund | 1Y Returns1Y Returns | 3Y CAGR3Y CAGR | Life CAGRLife CAGR |
|---|---|---|---|
| Mirae Asset Low Duration Fund | 6.40% | 7.50% | 7.05% |
| ICICI Pru Savings Fund | 6.42% | 7.54% | 7.75% |
| HDFC Low Duration Fund | 6.28% | 7.51% | 7.65% |
| SBI Low Duration Fund | 5.98% | 7.28% | 7.38% |
Mirae Asset Low Duration Fund Returns Comparison
Compare Mirae Asset Low Duration Fund with any MF, ETF, stock or index
Hmm, looks like data is unavailable here. Please come back after some timeMirae Asset Low Duration Fund Portfolio
Mirae Asset Low Duration Fund Asset Allocation
Mirae Asset Low Duration Fund Asset Allocation
Actual
Target
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Mirae Asset Low Duration Fund Sector Distribution
Mirae Asset Low Duration Fund Sector Distribution
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Mirae Asset Low Duration Fund Sector Weightage
Mirae Asset Low Duration Fund Sector Weightage
Mirae Asset Low Duration Fund Current Holdings
Mirae Asset Low Duration Fund Current Holdings
Debt
Others
- ConstituentHolding Weight3M Change
Holdings
3.88 %
3.88 %Holdings
3.76 %
0.43 %Holdings
3.57 %
3.57 %
AMC Profile of Mirae Asset Low Duration Fund
AMC Profile of Mirae Asset Low Duration Fund
Mirae Asset Financial Group is one of the key players in the Asian financial market. Its asset management wing, the Mirae Asset Global Investments, commenced operation in 1997 and has expanded its business globally in a relatively short span of time.
Mirae Asset Financial Group is one of the key players in the Asian financial market. Its asset management wing, the Mirae Asset Global Investments, commenced operation in 1997 and has expanded its business globally in a relatively short span of time.
No.of Schemes
57
Total AUM
₹ 2,08,677.00 Cr.
Mirae Asset Low Duration Fund Manager Details
Mirae Asset Low Duration Fund Manager Details
Mirae Asset Low Duration Fund Manager Profile
Mirae Asset Low Duration Fund Manager Profile
Basant Bafna
AUM: ₹21,110.08 Cr.
|
Exp: 12yrs
Qualification
CFA, FRM, MBA (Finance)
Past Experience
Mr. Basant Bafna has over 12 years of experience in the banking industry. Prior to this assignment, Mr. Basant Bafna worked as Chief Dealer and Assistant General Manager with Export-Import Bank of India.
Funds Managed (18)
Mirae Asset Low Duration Fund Manager Performance (0)
Mirae Asset Low Duration Fund Manager Performance (0)
Mirae Asset Low Duration Fund Review & Opinions
Mirae Asset Low Duration Fund Review & Opinions
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