Mirae Asset Savings Fund - Regular Savings Plan - Growth Plan

Debt Generate Interest income and beat FD returns
Low Duration Fund
Category Rank
Mirae Asset Savings Fund - Regular Savings Plan - Growth Plan
Rating
Fund
Time to Invest
Mirae Asset Savings Fund - Regular Savings Plan - Growth Plan
NAV
1707.0838
(01/06/2020)
L 52Wk H
1605.13
1707.08
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Mirae Asset Savings Fund - Regular Savings Plan - Growth Plan

Debt
Low Duration Fund
Generate Interest income and beat FD returns
Rank Mirae Asset Savings Fund - Regular Savings Plan - Growth Plan
Fund
NAV
1707.0838
(01/06/2020)
Time to Invest
Mirae Asset Savings Fund - Regular Savings Plan - Growth Plan
Rating
L 52Wk H
1605.13
1707.08
Investment Objective

The investment objective of the scheme is to seek to generate returns with a portfolio comprising of debt and money market instruments such that Macaulay duration of the portfolio is between 6 months - 12 months. The Scheme does not guarantee any returns. .

Category
  • Debt - Low Duration Fund
Benchmark
  • Crisil 1 Yr T-Bill Index
  • CRISIL Low Duration Debt Index
Returns
1M
1.12%
3M
1.57%
6M
2.65%
1Y
5.14%
3Y
6.12%
5Y
6.35%
Historical NAV
NAV for scheme Mirae Asset Savings Fund-Regular Savings Plan- Growth is
Growth of 10,000
An investment of 10000 for in this scheme would have grown to Rs.

Risk of the fund

Mirae Asset Savings Fund - Regular Savings Plan - Growth Plan

AUM

511.38 Cr
Mirae Asset Savings Fund - Regular Savings Plan - Growth Plan AUM is 80% lower than other schemes in the category

Load

Entry Load - NIL
Exit Load - NIL
Lock In Period - NIL

Expense Ratio

0.82%
Mirae Asset Savings Fund - Regular Savings Plan - Growth Plan Expense Ratio is 78% lower than other schemes in the category

Turnover Ratio

NA