Fund Overview Growth | Suspended Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund 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.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Mirae Asset Savings Fund-Regular Plan- Growth 9.44 7.25 7.08 6.31 6.58 5.95
Crisil 1 Yr T-Bill Index N/A N/A N/A N/A N/A N/A
CRISIL Low Duration Debt Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Axis Treasury Advantage Fund - Retail Plan - Growth Option Mar 03, 2010 9.35 7.32 7.50 0.57 3,560.48
UTI - Treasury Advantage Fund - Discontinued Growth Option Jul 12, 1999 Unrated -4.18 2.82 4.99 0.38 2,380.42

Fund Holdings as on 31-October-2019

  • Tri Party Repo

  • HDFC Credila Financial Services Pvt Limited (27/11/2019) ** #

  • 8.5% National Bank For Agriculture and Rural Development (31/01/2022) **

  • 7.15% Housing Development Finance Corporation Limited (16/09/2021) **

  • AU Small Finance Bank Limited (22/11/2019) ** #

  • Kotak Mahindra Investments Limited (17/01/2020) ** #

  • Small Industries Dev Bank of India (28/01/2020) #

  • Punjab National Bank (19/03/2020) ** #

  • Small Industries Dev Bank of India (15/05/2020) #

  • Bank of Baroda (01/06/2020) #

  • National Bank For Agriculture and Rural Development (12/06/2020) ** #

  • ICICI Bank Limited (14/09/2020) #

  • 8.71% HDB Financial Services Limited (17/05/2021) **

  • 7.7% REC Limited (15/03/2021) **

  • 8.9% Reliance Jio Infocomm Limited (21/01/2020) **

  • 8.58% Aadhar Housing Finance Limited (23/06/2020) **

  • 8.51% Housing Development Finance Corporation Limited (15/07/2020) **

  • 7.05% Housing & Urban Development Corporation Limited (13/10/2022) **

  • 8.75% Mahindra & Mahindra Financial Services Limited (20/07/2020) **

  • 6.78% Reliance Industries Limited (16/09/2020) **

  • Net Receivables / (Payables)

  • 9.5% Muthoot Finance Limited (14/06/2021) **

  • 7.6% Aditya Birla Housing Finance Limited (30/07/2021) **

  • 8.5% LIC Housing Finance Limited (05/01/2021) **

  • 7.17% National Highways Auth Of Ind (23/12/2021) **

  • Axis Finance Limited (03/08/2022) (ZCB) **

  • 8.5% Small Industries Dev Bank of India (21/06/2021) **

  • 8.4% Larsen & Toubro Limited (24/09/2020) **

  • 8.7% Housing Development Finance Corporation Limited (15/12/2020)

  • 7.55% REC Limited (26/09/2020) **

  • 8.9% Indiabulls Housing Finance Limited (25/09/2021) **

  • 9.1899% IndoStar Capital Finance Limited (27/03/2021) **

  • 7.9% Aditya Birla Finance Limited (27/03/2020) **

  • 8.7% Reliance Jio Infocomm Limited (16/07/2021) **

  • Edelweiss Rural & Corporate Services Limited (15/04/2021) (ZCB) **

  • 7.7% Housing & Urban Development Corporation Limited (19/03/2020) **

  • Bajaj Finance Limited (05/04/2022) (ZCB) **

  • 9.75% Larsen & Toubro Limited (11/04/2022) **

  • 8.6% National Bank For Agriculture and Rural Development (31/01/2022) **

  • 8.58% Housing Development Finance Corporation Limited (18/03/2022)

  • 8.3% Reliance Industries Limited (08/03/2022) **

  • 7.2% Power Grid Corporation of India Limited (21/12/2021) **

  • 7.47% Power Finance Corporation Limited (16/09/2021) **

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  • Miscellaneous

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About Mirae Asset Savings Fund

Scheme Analysis

Mirae Asset Savings Fund is a Debt - Low Duration Fund fund and belongs to Mirae Asset Mutual Fund. It was launched on 05-Mar-2008 and currently has an AUM of ₹529.07 crore. Mirae Asset Savings Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and CRISIL Low Duration Debt Index as secondary index.

The NAV of Mirae Asset Savings Fund ended up ₹1.14(0.06%)yesterday to ₹1963.07.

Among its top 3 holdings the fund has exposure to Tri Party Repo, HDFC Credila Financial Services Pvt Limited (27/11/2019) ** # and 8.5% National Bank For Agriculture and Rural Development (31/01/2022) **

The Mirae Asset Savings Fund is managed by Mahendra Kumar Jajoo .

Fund House Contact

Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), Mumbai - 400 098

022-67800300
022-67253942

Fund Manager

  • CARE A1+

  • CARE AA

  • CARE AA+

  • CARE AA-

  • CARE AAA

  • Cash

  • CRISIL A1+

  • CRISIL AA

  • CRISIL AA-

  • CRISIL AAA

  • FITCH A1+

  • FITCH AAA

  • ICRA A1+

  • ICRA AAA

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