Mirae Asset Short Term Fund - Growth - Regular Plan

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  • (-0.02%)Nav, as on 22-09-2023

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  • Net Change on 22-09-2023

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  • Assets (Cr.)

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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 through an actively managed diversified portfolio of debt and money market instruments with Macaulay duration of the portfolio between 1 year to 3 years. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or 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 Short Term Fund- Regular Plan -Growth 7.06 5.60 6.29 4.33 6.24 6.00
Crisil 1 Yr T-Bill Index N/A N/A N/A N/A N/A N/A
CRISIL Short Term Bond 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 Short Term Fund- Regular Plan -Growth Mar 16, 2018 Unrated 6.29 4.33 6.24 1.15 395.85
ICICI Prudential Short Term Fund - Growth Option Oct 25, 2001 7.41 5.59 7.36 1.07 16,656.10
SBI SHORT TERM DEBT FUND - REGULAR PLAN -GROWTH Jul 26, 2007 Unrated 6.85 4.62 6.63 0.84 13,339.94
Kotak Bond Short Term Plan-(Growth) May 02, 2002 6.61 4.54 6.67 1.17 13,240.58
HDFC Short Term Debt Fund - Growth Option Jun 25, 2010 7.14 5.15 7.21 0.74 12,399.59
Bandhan Bond Fund - Short Term Plan - Regular Plan-Growth Dec 14, 2000 6.77 4.36 6.68 0.77 8,785.49

Fund Holdings as on 31-August-2023

  • 7.06% Government of India (10/04/2028)

  • ICICI Bank Limited (11/09/2023) #

  • TREPS

  • 4.7% Government of India (22/09/2033)

  • 9% Shriram Finance Limited (24/06/2024) **

  • 8.43% Muthoot Finance Limited (31/07/2026) **

  • 7.45% Indian Railway Finance Corporation Limited (13/10/2028) **

  • 7.05% National Housing Bank (18/12/2024) **

  • 7.38% Cholamandalam Investment and Finance Company Ltd (31/07/2024) **

  • 7.15% Small Industries Dev Bank of India (21/07/2025)

  • 7.38% Kotak Mahindra Prime Limited (20/08/2025) **

  • Axis Bank Limited (20/06/2024) #

  • 7.9237% Bajaj Housing Finance Limited (16/03/2026)

  • 8.7% Bharti Telecom Limited (21/11/2024) **

  • 7.725% Larsen & Toubro Limited (28/04/2028) **

  • 7.4% National Bank For Agriculture and Rural Development (30/01/2026) **

  • 7.9% Jamnagar Utilities & Power Private Limited (10/08/2028) **

  • 7.7201% LIC Housing Finance Limited (12/02/2026)

  • 7.57% National Bank For Agriculture and Rural Development (19/03/2026) **

  • 7.77% Embassy Office Parks REIT (05/06/2025) **

  • 6.69% Madhya Pradesh SDL (MD 17/03/2025)

  • 6.25% Embassy Office Parks REIT (18/10/2024) **

  • 7.58% Power Finance Corporation Limited (15/01/2026) **

  • 7.26% Government of India (06/02/2033)

  • 7.23% Small Industries Dev Bank of India (09/03/2026) **

  • 8.55% REC Limited (09/08/2028) **

  • 7.39% Maharashtra SDL (MD 09/11/2026)

  • 6.11% Bharat Petroleum Corporation Limited (04/07/2025) **

  • 5.23% National Bank For Agriculture and Rural Development (31/01/2025) **

  • 7.95% HDFC Bank Limited (21/09/2026) **

  • 7.5% Power Grid Corporation of India Limited (24/08/2033) **

  • 8.2% Government of India (24/09/2025)

  • 7.75% Karnatak SDL (MD 01/03/2027)

  • 7.9% Bajaj Finance Limited (13/04/2028) **

  • 8.2% Uttarakhand SDL (MD 09/05/2028)

  • 7.18% Government of India (14/08/2033)

  • Net Receivables / (Payables)

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  • Miscellaneous

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  • Cash

  • CRISIL A1+

  • CRISIL AA+

  • CRISIL AAA

  • ICRA A1+

  • ICRA AA+

  • ICRA AAA

  • SOVEREIGN

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About Mirae Asset Short Term Fund

Scheme Analysis

Mirae Asset Short Term Fund is a Debt - Short Duration Fund fund and belongs to Mirae Asset Mutual Fund. It was launched on 16-Mar-2018 and currently has an AUM of ₹395.85 crore. Mirae Asset Short Term Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and CRISIL Short Term Bond Index as secondary index.

The NAV of Mirae Asset Short Term Fund ended down ₹0(-0.02%)yesterday to ₹13.7933.

Among its top 3 holdings the fund has exposure to 7.06% Government of India (10/04/2028), and

The Mirae Asset Short Term Fund is managed by Amit Modani and Basant Bafna.

Fund House Contact

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

022-67800300
022-67253942