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Mirae Asset Low Duration Fund(W-IDCW) Direct IDCW

IDCW
1,454.380.05% (-0.77)
High
Low
Returns
0.00%
0.00%
1M
6M
1Y
3Y
5Y
Max
SIP
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1M
6M
1Y
3Y
5Y
Max
SIP

Debt

Low Duration Fund

Mid-size Fund

Assets Under Mgmt: ₹ 1,838 Cr

Moderately Low Risk

Principle investment will be at moderately low risk

How to use scorecard? Learn more

Debt

Low Duration Fund

Mid-size Fund

Assets Under Mgmt: ₹ 1,838 Cr

Moderately Low Risk

Principle investment will be at moderately low risk

Mirae Asset Low Duration Fund(W-IDCW) Performance & Key Metrics

Mirae Asset Low Duration Fund(W-IDCW) Performance & Key Metrics

Expense RatioExpense RatioNo LabelNo LabelNo LabelNo Label
0.186.639.61
No LabelNo LabelNo LabelNo LabelNo LabelNo Label
0.566.718.44

Mirae Asset Low Duration Fund(W-IDCW) Scheme InfoMirae Asset Low Duration Fund(W-IDCW) Scheme Info

PlanPlanLock inLock inExit LoadExit Load
IDCW0 yrs0.00%
Nil
SIP Inv.SIP Inv.Min. LumpsumMin. Lumpsum
Allowed₹ 5,000
Initial: ₹ 5,000 Incremental: ₹ 1,000
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(W-IDCW) Peers

Mirae Asset Low Duration Fund(W-IDCW) Peers & Comparison

Comparing 3 mutual funds from 
DebtLow Duration Fund
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Mutual Fund1Y Returns1Y Returns3Y CAGR3Y CAGRLife CAGRLife CAGR
Mirae Asset Low Duration Fund(W-IDCW)-0.13%-0.00%2.91%
ICICI Pru Savings Fund(M-IDCW Payout)0.03%0.29%0.12%
HDFC Low Duration Fund(M-IDCW Reinv)0.02%0.18%0.11%
SBI Magnum Low Duration Fund(W-IDCW Payout)8.46%7.60%2.66%

Mirae Asset Low Duration Fund(W-IDCW) Returns Comparison

Compare Mirae Asset Low Duration Fund(W-IDCW) with any MF, ETF, stock or index
Compare Mirae Asset Low Duration Fund(W-IDCW) with any MF, ETF, stock or index
Mirae Asset Low Duration Fund(W-IDCW)
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Mirae Asset Low Duration Fund(W-IDCW) Portfolio

Mirae Asset Low Duration Fund(W-IDCW) Asset Allocation

Mirae Asset Low Duration Fund(W-IDCW) Asset Allocation

Actual

Target

Sep 2024

Dec 2024

Mar 2025

May 2025

ACTUAL
+2 moreCash & EquivalentsTreasury BillsCommercial PaperCertificate of DepositCorporate Debt1.99%3.65%10.00%13.19%17.70%53.47%

Sep 2024

Dec 2024

Mar 2025

May 2025

Tickertape Separator

Mirae Asset Low Duration Fund(W-IDCW) Sector Distribution

Mirae Asset Low Duration Fund(W-IDCW) Sector Distribution

+7 moreInvestment Banking & BrokerageSpecialized FinanceG-SecConsumer FinancePublic Banks26.22 %8.85 %10.12 %11.80 %12.42 %30.60 %

Sep 2024

Dec 2024

Mar 2025

May 2025

Tickertape Separator

Mirae Asset Low Duration Fund(W-IDCW) Sector Weightage

Mirae Asset Low Duration Fund(W-IDCW) Sector Weightage

Mar 24Jun 24Sep 24Dec 24Mar 25May 2519.49%29.38%22.61%26.69%24.73%30.60%
Public Banks as a % of total holdings for last six quarters
Tickertape Separator

Mirae Asset Low Duration Fund(W-IDCW) Current Holdings

Mirae Asset Low Duration Fund(W-IDCW) Current Holdings

Debt

Others

  • Constituent
    Holding Weight
    3M Change

AMC Profile of Mirae Asset Low Duration Fund(W-IDCW)

AMC Profile of Mirae Asset Low Duration Fund(W-IDCW)

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

    48

  • Total AUM

    ₹ 1,92,348.45 Cr.

Mirae Asset Low Duration Fund(W-IDCW) Manager Details

Mirae Asset Low Duration Fund(W-IDCW) Manager Details

Mirae Asset Low Duration Fund(W-IDCW) Manager Profile

Mirae Asset Low Duration Fund(W-IDCW) Manager Profile

Basant Bafna

AUM:  ₹4,674.69 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp:

Qualification

Data not available

Past Experience

Data not available

Funds Managed (20)
8.09%
8.09%
7.44%
7.44%
0.16%
0.16%
7.84%
7.84%
7.20%
7.20%
0.42%
0.42%
9.08%
9.08%
7.27%
7.27%
1.12%
1.12%
9.95%
9.95%
8.12%
8.12%
0.27%
0.27%
0.00%
0.00%
0.00%
0.00%
0.18%
0.18%
-0.01%
-0.01%
0.13%
0.13%
0.18%
0.18%
0.56%
0.56%
0.61%
0.61%
0.18%
0.18%
-0.12%
-0.12%
0.00%
0.00%
0.85%
0.85%
8.09%
8.09%
7.44%
7.44%
0.16%
0.16%
7.84%
7.84%
7.20%
7.20%
0.42%
0.42%
9.95%
9.95%
8.12%
8.12%
0.27%
0.27%
9.08%
9.08%
7.27%
7.27%
1.12%
1.12%
0.56%
0.56%
0.61%
0.61%
0.18%
0.18%
-0.01%
-0.01%
0.13%
0.13%
0.18%
0.18%
-0.13%
-0.13%
-0.00%
-0.00%
0.18%
0.18%

Mirae Asset Low Duration Fund(W-IDCW) Manager Performance (0)

Mirae Asset Low Duration Fund(W-IDCW) Manager Performance (0)

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Mirae Asset Low Duration Fund(W-IDCW) Tax Implications

Mirae Asset Low Duration Fund(W-IDCW) Tax Implications

Invested period < 2 years

Gains are added to taxable income and taxed according to the individual’s income tax slab

Invested period > 2 years(Investments from 1st April 2023)

Gains are added to taxable income and taxed according to the individual’s income tax slab

Invested period > 2 years(Investments before 1st April 2023)

Gains are treated as long-term capital gains and taxed at 12.5%

Let’s calculate your returns after tax

Investment frequency

Monthly

One Time

Monthly Investment Amt. (₹)

Investment period (years)

CAGR (%)
This CAGR is calculated based on the actual past return given by the fund during the selected investment period. This is the annualised growth rate assuming monthly compounding.
Annual Income
As per the tax implications, in some cases, tax on MF returns depends on your annual income slab

+

-

You make

Mirae Asset Low Duration Fund(W-IDCW) Review & Opinions

Mirae Asset Low Duration Fund(W-IDCW) Review & Opinions

The content here in the form of articles and videos is for information purposes only and may have been sourced from publicly available sources or otherwise. Tickertape does not guarantee the authenticity and veracity of the material shared. The User understands and agrees that Tickertape is not aware nor liable for any content shared here.
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Frequently asked questions

Frequently asked questions

  1. What is the current price / NAV of Mirae Asset Low Duration Fund(W-IDCW)?

    The current NAV of Mirae Asset Low Duration Fund(W-IDCW) is ₹1454.38, as of 18th June 2025.

  2. What are the returns of Mirae Asset Low Duration Fund(W-IDCW)?

    The Mirae Asset Low Duration Fund(W-IDCW) was launched on 1st January 2013. This mutual fund's past returns are as follows:
    • 1 Year Returns: -0.13%
    • 3 Year Returns: -0.00%
    • 5 Year Returns: -0.02%

  3. What are the top 5 sectoral holdings of Mirae Asset Low Duration Fund(W-IDCW)?

    The top sectors Mirae Asset Low Duration Fund(W-IDCW) has invested in are as follows:
    • Public Banks | 30.60%
    • Consumer Finance | 12.42%
    • G-Sec | 11.80%
    • Specialized Finance | 10.12%
    • Investment Banking & Brokerage | 8.85%
    This data is as on 18th June 2025.

  4. What are the top 5 holdings of Mirae Asset Low Duration Fund(W-IDCW)?

    The top 5 holdings for Mirae Asset Low Duration Fund(W-IDCW) are as follows:
    • 364 Days Treasury Bills (MD 26/03/2026) | 5.20%
    • 7.4% National Bank For Agriculture and Rural Development (30/01/2026) | 4.37%
    • 364 Days Treasury Bills (MD 23/10/2025) | 3.99%
    • 7.51% REC Limited (31/07/2026) ** | 3.02%
    • 8.90% Bharti Telecom NCD Ser XVI (MD 04/12/2025) | 2.73%
    This data is as on 18th June 2025.

  5. What is the asset allocation of Mirae Asset Low Duration Fund(W-IDCW)?

    The asset allocation for Mirae Asset Low Duration Fund(W-IDCW) is as follows:
    • Corporate Debt | 53.47%
    • Certificate of Deposit | 17.70%
    • Commercial Paper | 13.19%
    • Treasury Bills | 10.00%
    • Cash & Equivalents | 3.65%
    This data is as on 18th June 2025.

  6. What is the AUM of Mirae Asset Low Duration Fund(W-IDCW)?

    The AUM (i.e. assets under management) of Mirae Asset Low Duration Fund(W-IDCW) is ₹1838.28 Cr as of 18th June 2025.

  7. What is the expense ratio of Mirae Asset Low Duration Fund(W-IDCW)?

    The expense ratio of Mirae Asset Low Duration Fund(W-IDCW) Plan is 0.18 as of 18th June 2025.

  8. What is the volatility or standard deviation of Mirae Asset Low Duration Fund(W-IDCW)?

    The volatility or standard deviation for the Mirae Asset Low Duration Fund(W-IDCW) is 0.45

    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.

  9. What is the sharpe ratio of Mirae Asset Low Duration Fund(W-IDCW)?

    The Sharpe ratio for the Mirae Asset Low Duration Fund(W-IDCW) is 9.61

    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.

  10. What is the Sortino ratio of Mirae Asset Low Duration Fund(W-IDCW)?

    The Sortino Ratio for the Mirae Asset Low Duration Fund(W-IDCW) is 1.32

    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.