What is the current price / NAV of Mirae Asset Low Duration Fund(DD-IDCW)?
The current NAV of Mirae Asset Low Duration Fund(DD-IDCW) is ₹1208.93, as of 22nd April 2025.What are the returns of Mirae Asset Low Duration Fund(DD-IDCW)?
The Mirae Asset Low Duration Fund(DD-IDCW) was launched on 7th October 2013. This mutual fund's past returns are as follows:- 1 Year Returns: N/A%
- 3 Year Returns: N/A%
- 5 Year Returns: N/A%
What are the top 5 sectoral holdings of Mirae Asset Low Duration Fund(DD-IDCW)?
The top sectors Mirae Asset Low Duration Fund(DD-IDCW) has invested in are as follows:- Public Banks | 24.73%
- Consumer Finance | 17.54%
- Private Banks | 14.48%
- Specialized Finance | 9.82%
- Investment Banking & Brokerage | 8.18%
What are the top 5 holdings of Mirae Asset Low Duration Fund(DD-IDCW)?
The top 5 holdings for Mirae Asset Low Duration Fund(DD-IDCW) are as follows:- TREPS | 6.94%
- ICICI Bank Limited (27/06/2025) # | 5.74%
- Net Receivables / (Payables) | 5.47%
- 7.5% National Bank For Agriculture and Rural Development (31/08/2026) ** | 5.31%
- 7.7% REC Limited (31/08/2026) | 4.26%
What is the asset allocation of Mirae Asset Low Duration Fund(DD-IDCW)?
The asset allocation for Mirae Asset Low Duration Fund(DD-IDCW) is as follows:- Corporate Debt | 61.02%
- Certificate of Deposit | 16.86%
- Cash & Equivalents | 12.41%
- Commercial Paper | 8.22%
- Government Securities | 1.25%
What is the AUM of Mirae Asset Low Duration Fund(DD-IDCW)?
The AUM (i.e. assets under management) of Mirae Asset Low Duration Fund(DD-IDCW) is ₹1414.58 Cr as of 22nd April 2025.What is the expense ratio of Mirae Asset Low Duration Fund(DD-IDCW)?
The expense ratio of Mirae Asset Low Duration Fund(DD-IDCW) Plan is 0.19 as of 22nd April 2025.What is the volatility or standard deviation of Mirae Asset Low Duration Fund(DD-IDCW)?
The volatility or standard deviation for the Mirae Asset Low Duration Fund(DD-IDCW) is 0.38
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(DD-IDCW)?
The Sharpe ratio for the Mirae Asset Low Duration Fund(DD-IDCW) is 11.00
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(DD-IDCW)?
The Sortino Ratio for the Mirae Asset Low Duration Fund(DD-IDCW) is 1.44
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.
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Mirae Asset Low Duration Fund(DD-IDCW) Direct IDCW
IDCW
DebtLow Duration Fund
Mid-size FundAssets Under Mgmt: ₹ 1,414 Cr
Moderately Low RiskPrinciple investment will be at moderately low risk
1,208.930.00% (+0.00)
Mirae Asset Low Duration Fund(DD-IDCW) NAV Price Chart
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DebtLow Duration Fund
Mid-size FundAssets Under Mgmt: ₹ 1,414 Cr
Moderately Low RiskPrinciple investment will be at moderately low risk
Mirae Asset Low Duration Fund(DD-IDCW) Performance & Key Metrics
| Expense RatioExpense Ratio | No LabelNo Label | No LabelNo Label |
|---|---|---|
| 0.19 | 7.29 | 11.00 |
| No LabelNo Label | No LabelNo Label | No LabelNo Label |
|---|---|---|
| 0.56 | 7.45 | 10.09 |
Mirae Asset Low Duration Fund(DD-IDCW) Scheme Info
| PlanPlan | Lock inLock in | Exit LoadExit Load |
|---|---|---|
| IDCW | 0 yrs | 0.00% |
| SIP Inv.SIP Inv. | Min. LumpsumMin. Lumpsum |
|---|---|
| Allowed | ₹ 5,000 |
| BenchmarkBenchmark |
|---|
| NIFTY Low Duration Debt Index |
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(DD-IDCW) Peers & Comparison
Comparing 3 mutual funds from
DebtLow Duration Fund
DebtLow Duration Fund
Returns
Scheme
Ratios
| Mutual Fund | 1Y Returns1Y Returns | 3Y CAGR3Y CAGR | Life CAGRLife CAGR |
|---|---|---|---|
| Mirae Asset Low Duration Fund(DD-IDCW) | 0.00 | 0.00 | 1.59% |
| ICICI Pru Savings Fund(M-IDCW Payout) | 0.32% | 0.26% | 0.17% |
| HDFC Low Duration Fund(M-IDCW Reinv) | -0.05% | 0.15% | 0.13% |
| SBI Magnum Low Duration Fund(W-IDCW Payout) | 8.29% | 7.17% | 2.59% |
Mirae Asset Low Duration Fund(DD-IDCW) Returns Comparison
Compare Mirae Asset Low Duration Fund(DD-IDCW) with any MF, ETF, stock or indexCompare Mirae Asset Low Duration Fund(DD-IDCW) with any MF, ETF, stock or index
Mirae Asset Low Duration Fund(DD-IDCW)
Hmm, looks like data is unavailable here. Please come back after some timeMirae Asset Low Duration Fund(DD-IDCW) Asset Allocation
Actual
Target
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Mirae Asset Low Duration Fund(DD-IDCW) Sector Distribution
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Mirae Asset Low Duration Fund(DD-IDCW) Sector Weightage
Public Banks
Public Banks as a % of total holdings for last six quarters
Mirae Asset Low Duration Fund(DD-IDCW) Current Holdings
Debt
Others
- ConstituentHolding Weight3M Change
Holdings
5.74 %
5.74 %Holdings
5.31 %
2.53 %Holdings
4.26 %
1.48 %
AMC Profile of Mirae Asset Low Duration Fund(DD-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.
No.of Schemes
48
Total AUM
₹ 1,72,777.50 Cr.
Mirae Asset Low Duration Fund(DD-IDCW) Fund Manager Profile
Basant Bafna
AUM: ₹5,019.49 Cr.
|
Exp: —
Qualification
Data not available
Past Experience
Data not available
Funds Managed (24)
Debt (20)
8.05%
7.18%
0.17%
7.78%
6.94%
0.41%
10.06%
7.54%
0.25%
9.18%
6.69%
1.11%
0.44%
0.22%
0.19%
0.11%
0.05%
0.19%
0.45%
0.28%
0.19%
0.43%
0.23%
0.86%
0.72%
0.37%
0.86%
0.00%
0.00%
0.86%
0.11%
0.05%
0.86%
8.05%
7.18%
0.17%
7.78%
6.94%
0.41%
9.18%
6.69%
1.11%
10.06%
7.54%
0.25%
0.45%
0.28%
0.19%
0.44%
0.22%
0.19%
0.43%
0.23%
0.86%
0.72%
0.37%
0.86%
0.00%
0.00%
0.19%
Mirae Asset Low Duration Fund(DD-IDCW) Manager Performance (0)
Debt: Low Duration Fund
Mirae Asset Low Duration Fund(DD-IDCW) Tax Implications
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Investment frequency
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Mirae Asset Low Duration Fund(DD-IDCW) Review & Opinions
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Gains are added to taxable income and taxed according to the individual’s income tax slab
Gains are added to taxable income and taxed according to the individual’s income tax slab
Gains are treated as long-term capital gains and taxed at 12.5%