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Fund Overview of Mirae Asset Low Duration Fund Direct-growth
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₹2,176.2 CrAUM
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₹2,612.23NAV
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0.19%Expense Ratio
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DebtFund Category
Minimum amount you can invest: ₹500
Maximum amount you can invest: ₹1,00,000
We have used a return rate of 15% for our calculations.
Returns of Mirae Asset Low Duration Fund Direct-growth
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 1.78% | NA | 1.68% |
| 6 Months | 3.05% | NA | 4.35% |
| 1 Year | 6.28% | 6.28% | 8.25% |
| 2 Years | 15.43% | 7.44% | 7.94% |
| 3 Years | 24.08% | 7.46% | 7.61% |
| 5 Years | 36.91% | 6.48% | 6.39% |
| 7 Years | 54.84% | 6.45% | NA |
| 10 Years | 89.50% | 6.60% | 7.03% |
Compare Mirae Asset Low Duration Fund Direct-growth with other mutual funds in the same category
Mirae Asset Low Duration Fund Direct-growth
Sundaram Low Duration Fund Direct-growth
Sundaram Low Duration Fund Direct-idcw Monthly
Asset Allocation
debt instruments
94.16%other assets or cash equivalents
5.84%Mirae Asset Low Duration Fund Direct-growth is one Debt mutual fund offered by Mirae Asset Mutual Fund. Launched on 01 Jan 2013, the fund aims Optimal returns over medium term. Investment in a portfolio of debt and money market instruments. It manages assets worth ₹2,176.2 crore as on Sun May 31, 2026. The expense ratio stands at 0.19%. Fund Manager Manager Education Fund Manager Manager EducationAbout Mirae Asset Low Duration Fund Direct-growth
The portfolio allocation consists of 94.16% in debt instruments, 5.84% in other assets or cash equivalents.Managed by Kruti Chheta, it has delivered a return of 6.28% in the last year, a total return since inception of 5.70%.
Identifying a suitable best sip investment has an important role for long-term wealth creation.
Key Metrics of Mirae Asset Low Duration Fund Direct-growth
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Standard Deviation0.52%
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Sharpe Ratio2.28%
Fund Details
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Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Sundaram Low Duration Fund Direct-growth  |
₹364 | 0.76% | 1.62% | 5.96% | 7.30% | 8.04% |
| Sundaram Low Duration Fund Direct-idcw Monthly |
₹364 | 0.76% | 1.62% | 5.96% | 7.30% | 8.04% |
| UTI Low Duration Fund Direct-flexi Idcw |
₹3,151 | 0.77% | 1.63% | 6.08% | 7.25% | 7.44% |
| UTI Low Duration Fund Direct-growth |
₹3,151 | 0.77% | 1.63% | 6.08% | 7.25% | 7.44% |
| UTI Low Duration Fund Direct-idcw Daily |
₹3,151 | 0.77% | 1.63% | 6.08% | 7.25% | 7.44% |
| UTI Low Duration Fund Direct-idcw Fortnightly |
₹3,151 | 0.77% | 1.63% | 6.08% | 7.25% | 7.44% |
| UTI Low Duration Fund Direct-idcw Half Yearly |
₹3,151 | 0.77% | 1.63% | 6.08% | 7.25% | 7.44% |
| UTI Low Duration Fund Direct-idcw Monthly |
₹3,151 | 0.77% | 1.63% | 6.08% | 7.25% | 7.44% |
| UTI Low Duration Fund Direct-idcw Quarterly |
₹3,151 | 0.77% | 1.63% | 6.08% | 7.25% | 7.44% |
| UTI Low Duration Fund Direct-idcw Weekly |
₹3,151 | 0.77% | 1.63% | 6.08% | 7.25% | 7.44% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More funds from Mirae Asset Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
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Mirae Asset Low Duration Fund Regular-growth
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₹2,176 | 0.83% | 1.60% | 2.70% | 5.56% | 6.78% |
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Mirae Asset Low Duration Fund Regular-idcw Daily
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₹2,176 | 0.83% | 1.60% | 2.70% | 5.56% | 6.78% |
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Mirae Asset Low Duration Fund Direct-idcw Daily
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₹2,176 | 0.89% | 1.78% | 3.05% | 6.28% | 7.46% |
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Mirae Asset Low Duration Fund-idcw Monthly
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₹2,176 | 0.83% | 1.60% | 2.70% | 5.56% | 6.78% |
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Mirae Asset Low Duration Fund Direct-idcw Monthly
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₹2,176 | 0.89% | 1.78% | 3.05% | 6.28% | 7.46% |
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Mirae Asset Low Duration Fund-idcw Quarterly
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₹2,176 | 0.83% | 1.60% | 2.70% | 5.56% | 6.78% |
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Mirae Asset Low Duration Fund Direct-idcw Quarterly
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₹2,176 | 0.89% | 1.78% | 3.05% | 6.28% | 7.46% |
|
Mirae Asset Low Duration Fund Direct-idcw Weekly
|
₹2,176 | 0.89% | 1.78% | 3.05% | 6.28% | 7.46% |
|
Mirae Asset Low Duration Fund-idcw Weekly
|
₹2,176 | 0.83% | 1.60% | 2.70% | 5.56% | 6.78% |
growth is based on 1-month returns of the fundsMutual Fund Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| ICICI Prudential Savings Fund-growth |
₹25,885 | ₹577.26 | 7.45% | 6.52% | 7.07% |
| ICICI Prudential Savings Fund Direct Plan-growth |
₹25,885 | ₹585.90 | 7.57% | 6.65% | 7.20% |
| ICICI Prudential Savings Fund Direct Plan-idcw Daily |
₹25,885 | ₹105.74 | 7.57% | 6.65% | 7.20% |
| ICICI Prudential Savings Fund-idcw Daily |
₹25,885 | ₹105.74 | 7.45% | 6.52% | 7.07% |
| ICICI Prudential Savings Fund-idcw Fortnightly |
₹25,885 | ₹101.69 | 7.45% | 6.52% | 7.07% |
| ICICI Prudential Savings Fund Direct Plan-idcw Fortnightly |
₹25,885 | ₹101.69 | 7.57% | 6.65% | 7.20% |
| ICICI Prudential Savings Fund Direct Plan-idcw Monthly |
₹25,885 | ₹102.41 | 7.57% | 6.65% | 7.20% |
| ICICI Prudential Savings Fund-idcw Monthly |
₹25,885 | ₹102.40 | 7.45% | 6.52% | 7.07% |
| ICICI Prudential Savings Fund-d Others |
₹25,885 | ₹193.49 | 7.45% | 6.52% | 7.07% |
| ICICI Prudential Savings Fund Direct Plan-idcw Others |
₹25,885 | ₹196.59 | 7.57% | 6.65% | 7.20% |
Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Knowledge Realty Trust 7.5378 Ncd 08my29 Fvrs1lac | Real Estate | 3.55% | ₹77.19 Cr |
| 364 Days Tbill (md 11/06/2026) | Financial | 3.44% | ₹74.89 Cr |
| Net Receivables | Unspecified | 3.35% | ₹72.86 Cr |
| Bank Of Baroda Cd 05nov26 | Financial | 3.34% | ₹72.60 Cr |
| Hdfc Bank Limited Cd 14dec26 | Financial | 3.31% | ₹71.97 Cr |
| Kotak Mahindra Bank Limited Cd 24sep26 | Financial | 2.92% | ₹63.50 Cr |
| Bharti Telecom Limited Sr Xvii 8.95 Ncd 04dc26 Fvrs1lac | Technology | 2.30% | ₹50.08 Cr |
| State Development Loan 18527 Tn 15ju26 8.07 Fv Rs 100 8.07 15/06/2026 | Unspecified | 2.30% | ₹50.05 Cr |
| 7.90% Lic Housing Finance Ltd Ncd 23-06-2027 | Financial | 2.30% | ₹49.95 Cr |
| Power Finance Corporation Ltd Sr-158 Bonds 7.18 20/01/2027 | Financial | 2.29% | ₹49.82 Cr |
| Mindspace Business Parks Reit Sr Ncd16 6.9601 Ncd 08dc28 Fvrs1lac | Real Estate | 2.25% | ₹48.88 Cr |
| Small Industries Development Bank Of India 209d Cp 03dec26 | Financial | 2.21% | ₹48.08 Cr |
| Tata Capital Housing Finance Limited 365d Cp 03feb27 | Financial | 2.18% | ₹47.44 Cr |
| Kotak Mahindra Bank Limited Cd 12feb27 | Financial | 2.18% | ₹47.41 Cr |
| National Bank For Agriculture And Rural Development Cd 26feb27 | Financial | 2.17% | ₹47.26 Cr |
| Lic Housing Finance Ltd 351d Cp 11mar27 | Financial | 2.16% | ₹47.10 Cr |
| Icici Bank Limited Cd 12feb27 | Financial | 2.14% | ₹46.47 Cr |
| Small Industries Dev Bank Of India (18/02/2027) ** | Financial | 2.13% | ₹46.35 Cr |
| Reverse Repo | Unspecified | 2.06% | ₹44.85 Cr |
| National Bank For Agriculture And Rural Development Sr 25a 7.70 Bd 30sp27 Fvrs1lac | Financial | 1.83% | ₹39.91 Cr |
Top Debt Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Sundaram Low Duration Fund Direct-growth |
₹3,928.87 | 7.30% | 8.04% | - |
| Sundaram Low Duration Fund Direct-idcw Monthly |
₹1,118.01 | 7.30% | 8.04% | - |
| UTI Low Duration Fund Direct-flexi Idcw |
₹1,622.96 | 7.25% | 7.44% | - |
| UTI Low Duration Fund Direct-growth |
₹3,822.95 | 7.25% | 7.44% | - |
| UTI Low Duration Fund Direct-idcw Daily |
₹1,459.58 | 7.25% | 7.44% | - |
| UTI Low Duration Fund Direct-idcw Fortnightly |
₹1,339.93 | 7.25% | 7.44% | - |
| UTI Low Duration Fund Direct-idcw Half Yearly |
₹1,479.17 | 7.25% | 7.44% | - |
| UTI Low Duration Fund Direct-idcw Monthly |
₹1,492.59 | 7.25% | 7.44% | - |
| UTI Low Duration Fund Direct-idcw Quarterly |
₹2,049.75 | 7.25% | 7.44% | - |
| UTI Low Duration Fund Direct-idcw Weekly |
₹1,021.43 | 7.25% | 7.44% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
Mirae Asset Low Duration Fund Direct-growth
What is the current AUM of Mirae Asset Low Duration Fund Direct-growth?
As of Sun May 31, 2026, Mirae Asset Low Duration Fund Direct-growth manages assets worth ₹2,176.2 crore
How has Mirae Asset Low Duration Fund Direct-growth performed recently?
- 3 Months: 1.78%
- 6 Months: 3.05%
What is the long-term performance of Mirae Asset Low Duration Fund Direct-growth?
- 3 Years CAGR: 7.46%
- 5 Years CAGR: 6.48%
- Since Inception: 5.70%
What is the portfolio composition of Mirae Asset Low Duration Fund Direct-growth?
Debt: 94.16%, Others: 5.84%.
Who manages Mirae Asset Low Duration Fund Direct-growth?
Mirae Asset Low Duration Fund Direct-growth is managed by Kruti Chheta from Mirae Asset Mutual Fund.
Which are the top companies Mirae Asset Low Duration Fund Direct-growth has invested in?
- KNOWLEDGE REALTY TRUST 7.5378 NCD 08MY29 FVRS1LAC – 3.55% of the fund's portfolio
- 364 Days TBill (MD 11/06/2026) – 3.44% of the fund's portfolio
- Net Receivables – 3.35% of the fund's portfolio
- BANK OF BARODA CD 05NOV26 – 3.34% of the fund's portfolio
- HDFC BANK LIMITED CD 14DEC26 – 3.31% of the fund's portfolio
Which are the major sectors Mirae Asset Low Duration Fund Direct-growth focuses on?
- Financial – 34.59% of the fund's portfolio
- Unspecified – 7.71% of the fund's portfolio
- Real Estate – 5.79% of the fund's portfolio
- Technology – 2.30% of the fund's portfolio
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