Fund Overview Growth | Regular 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 Savings Plan- Growth 13.51 6.18 5.18 6.13 6.36 4.46
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.)
Mirae Asset Savings Fund-Regular Savings Plan- Growth Mar 05, 2008 Unrated 5.18 6.13 6.36 0.82 511.38
ICICI Prudential Savings Fund - Growth Sep 27, 2002 8.47 7.77 8.12 0.50 17,338.61
HDFC Low Duration Fund- Retail Growth Nov 18, 1999 7.73 7.07 7.40 1.04 11,747.35
SBI MAGNUM LOW DURATION FUND - REGULAR PLAN - GROWTH Jul 26, 2007 8.13 7.61 7.80 1.04 9,018.71
Aditya Birla Sun Life Low Duration Fund - Growth Plan May 14, 1998 8.03 7.43 7.64 1.23 8,142.46
Axis Treasury Advantage Fund - Regular Plan - Growth Option Oct 09, 2009 8.34 7.72 7.83 0.58 4,625.34

Fund Holdings as on 30-April-2020

  • Net Receivables / (Payables)

  • Godrej Properties Limited (17/08/2020) **

  • AU Small Finance Bank Limited (03/11/2020) ** #

  • Bank of India (15/06/2020) #

  • 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) ** #

  • Axis Bank Limited (30/10/2020) ** #

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

  • 8.25% L&T Finance Limited (24/01/2023) **

  • 7.7% REC Limited (15/03/2021) **

  • 8.75% Vedanta Limited (30/06/2022) **

  • 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) **

  • 7% Reliance Industries Limited (31/08/2022) **

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

  • 8.45% L&T Finance Limited (23/12/2022) **

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

  • 8.75% Muthoot Finance Limited (19/06/2021)

  • Tri Party Repo

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

  • 6.99% Housing Development Finance Corporation Limited (13/02/2023)

  • 9.45% IndoStar Capital Finance Limited (12/09/2021) **

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

  • 6.98% National Bank For Agriculture and Rural Development (19/09/2022) **

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

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

  • 7.55% REC Limited (26/09/2020) **

  • 8.1% Tata Capital Housing Finance Limited (14/01/2023) **

  • 7.4% LIC Housing Finance Limited (06/09/2024) **

  • 6.9423% Bajaj Housing Finance Limited (25/03/2022) **

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

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

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

  • 8.7% Reliance Industries Limited (16/07/2021)

  • 8.35% REC Limited (11/03/2022) **

  • 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) **

  • 8.4% Housing & Urban Development Corporation Limited (11/04/2022) **

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

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  • Miscellaneous

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Fund Manager

  • CARE A1+

  • 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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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 ₹511.38 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 down ₹-0.68(-0.04%)yesterday to ₹1706.2594.

Among its top 3 holdings the fund has exposure to Net Receivables / (Payables), and

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