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刀塔2直播最新

NAV as of ( Sep 09, 2022 )

13.48 0.01 % 1-D Change

6.8% p.a.

You get upto 0.82% extra returns

ET Money's Fund Report Card - Mirae Asset Short Term Fund

ET Money Rank

17

Out of 22

ranking
Performance Quality info

Very Good drop-arrow

Generated returns consistently

4/5

Increased returns for each unit of additional risk info

4/5

Downside Protection info

Very Good drop-arrow

Controlled losses during market corrections

3/5

Delivered returns without frequent ups and downs

5/5

Minimum SIP amount is ₹
Minimum Lumpsum amount is ₹

By continuing, I agree to the Declaration and T&Cs.

none buyable frame

Fresh Investments closed in this fund!

This fund is no longer available to invest

This fund vs
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Scheme Details

ET Money Rank 17 Out of 22
VRO Rating 3
Expense ratio 0.32%  As on Jul 31, 2022
Exit Load 0%
AUM (Fund Size) 449 Crs
Lock-in No Lockin
Age 4 yrs 6 m Since Feb 23, 2018
Benchmark CRISIL Short Duration Fund BII Index
Min. Investment

SIP 1000  &

Lumpsum 5000

About Mirae Asset Short Term Fund

Mirae Asset Short Term Fund Direct - Growth is a Short Duration mutual fund scheme from Mirae Asset Mutual Fund . This fund has been in existence for 4 yrs 6 m, having been launched on 23/02/2018. Mirae Asset Short Term Fund Direct - Growth has ₹449 Crores worth of assets under management (AUM) as on 30/06/2022 and is medium-sized fund of its category. The fund has an expense ratio of 0.32%, which is close to what most other Short Duration funds charge.
  • Mirae Asset Short Term Fund Direct - Growth returns of last 1-year are 3.16%. Since launch, it has delivered 6.87% average annual returns.
  • Mirae Asset Short Term Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
  • The fund's credit profile is high indicating it has lent to borrowers whose quality is great. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
  • The fund's top holdings are in GOI, Housing Development Finance Corpn. Ltd., Madhya Pradesh State, Indian Oil Corpn. Ltd., Shriram Transport Finance Co. Ltd..
.....
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Total value Profit
This fund
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Latest Asset & Portfolio Allocation

as on Aug 31, 2022
Top Stock Holdings

Bifurcation by Holding is not available for this fund

Allocation by Market Cap

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Allocation by Sector

Bifurcation by Sector is not available for this fund

Top Debt Holdings

GOI 7.89%

Housing Development Finance Corpn. Ltd. 5.13%

Madhya Pradesh State 4.43%

Indian Oil Corpn. Ltd. 3.85%

Allocation by Credit Quality

AAA 55.35%

SOV 21.95%

AA+ 8.93%

A1+ 7.68%

Allocation by Instruments

Debenture 42.76%

Non Convertible Debenture 19.9%

Repo 10.56%

GOI Securities 7.89%

Other Holdings

Others 10.56%

Comparison with short duration Funds

as on Sep 12, 2022
Average
0.52%
0.53 % p.a
This fund

Lowest
0.37%

Highest
0.93%
Pick time period to see return
  • 1m
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Trailing Returns and Ranks

as on Sep 12, 2022
Period Trailing returns Category average Rank within category
1 month 0.53% 0.52% 9 / 21
3 months 1.9% 1.92% 10 / 21
6 months 1.78% 1.65% 6 / 20
1 year 3.13% 3.44% 9 / 18
3 years 6.01% 6.43% 14 / 18

Riskometer

Level of Risk in the Scheme

riskometer-not-rated

Sorry! Our analysts are busy working on analysing a risk rating for this scheme. Please bear with us in the meantime.

Mirae Asset Short Term Fund

DEBT SHORT DURATION

The scheme seeks 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.

  • Std. Dev : 1.5
  • Alpha : 4.7
  • Beta : 2.44
  • Sharpe : 1.58
  • Sortino : 2.62
  • Profile

    Mahendra Kumar Jajoo

    Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.

    Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.

  • Profile

    Amit Modani

    Mr. Modani is Chartered Accountant

    Prior to joining BOI AXA Mutual Fund, he has worked with Quantum Asset Management Company Private Limited and Pramerica Asset Managers Pvt. Ltd.

Mirae Asset Mutual Fund

Mirae Asset Mutual Fund

# SCHEMES

28

See all schemes

TOTAL AUM:

₹1,02,384 Crs

As on Jun 30, 2022

  • Phone: 022-67800301 / 1800-2090-777
  • Address: Unit No.606 - 6th Floor,
    Windsor Building - Off. CST Road,
    Kalina, Santacruz (East),
    Mumbai, 400098

Compare with similar Funds

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Frequently asked questions

How are the returns of Mirae Asset Short Term Fund ?

The Mirae Asset Short Term Fund is a 4 yrs 6 m old fund and has delivered average annual returns of 6.8% since inception.

Mirae Asset Short Term Fund Returns

1-Year 3-Year Since Inception
3.13% 6.01% 6.8%

NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.

The NAV of Mirae Asset Short Term Fund for Sep 09, 2022 is 13.48 .

Mirae Asset Short Term Fund has an ET Money Rank of # 17 of 22 and a consistency rating of 4 .

This indicates the fund has generated average returns. However, whatever returns the fund delivers, it does so with exceptional consistency. You can consider this fund if the predictability of returns is what you are looking for

On ET Money, Investing in Mirae Asset Short Term Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -

  1. Click on the Invest Now Button present on the top right-hand side.
  2. Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
  3. Provide few more details needed including the bank account from which you will be making the payment and confirm.
  4. That's it. Your SIP or one-time investment in Mirae Asset Short Term Fund is done.

The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.

The Expense Ratio of the direct plan of Mirae Asset Short Term Fund is 0.32%.  .

Redeeming your investments in Mirae Asset Short Term Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Mirae Asset Short Term Fund from anywhere else, you can go to the fund house website and put a request through it.

AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.

The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.

The AUM of Mirae Asset Short Term Fund is ₹449 Crs.

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Mirae Asset Short Term Fund allocation by credit quality is given below

Credit Quality Percentage of Portfolio
AAA 55.35%
SOV 21.95%
AA+ 8.93%

The top 3 debt holdings of Mirae Asset Short Term Fund are as follows

Holding Name Percentage of Portfolio
GOI 7.89%
Housing Development Finance Corpn. Ltd. 5.13%
Madhya Pradesh State 4.43%
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