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Fund Overview of Mirae Asset Low Duration Fund Direct-idcw Daily
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₹2,176.2 CrAUM
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₹1,208.93NAV
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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-idcw Daily
| 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% |
Dividends are declared by the fund house based on the income generated from the underlying assets. While many mutual funds distribute dividends annually, the payout frequency ultimately depends on the fund house’s decision
Compare Mirae Asset Low Duration Fund Direct-idcw Daily with other mutual funds in the same category
Mirae Asset Low Duration Fund Direct-idcw Daily
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-idcw Daily 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-idcw Daily
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%.
The latest dividend was declared on 16 Jun 2026 at 0.05% of face value.
To take informed financial choices it helps to also explore best sip investment suited to long-term goals.
Key Metrics of Mirae Asset Low Duration Fund Direct-idcw Daily
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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 Direct-growth
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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 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-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
|
₹2,176 | 0.83% | 1.60% | 2.70% | 5.56% | 6.78% |
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Mirae Asset Low Duration Fund Direct-idcw Quarterly
|
₹2,176 | 0.89% | 1.78% | 3.05% | 6.28% | 7.46% |
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Mirae Asset Low Duration Fund Direct-idcw Weekly
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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 Weekly
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₹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-idcw Daily
What is the current AUM of Mirae Asset Low Duration Fund Direct-idcw Daily?
As of Sun May 31, 2026, Mirae Asset Low Duration Fund Direct-idcw Daily manages assets worth ₹2,176.2 crore
How has Mirae Asset Low Duration Fund Direct-idcw Daily performed recently?
- 3 Months: 1.78%
- 6 Months: 3.05%
What is the long-term performance of Mirae Asset Low Duration Fund Direct-idcw Daily?
- 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-idcw Daily?
Debt: 94.16%, Others: 5.84%.
Who manages Mirae Asset Low Duration Fund Direct-idcw Daily?
Mirae Asset Low Duration Fund Direct-idcw Daily is managed by Kruti Chheta from Mirae Asset Mutual Fund.
When was the last dividend declared by Mirae Asset Low Duration Fund Direct-idcw Daily?
Latest dividend was declared on 16 Jun 2026 at 0.05% of face value.
Which are the top companies Mirae Asset Low Duration Fund Direct-idcw Daily 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-idcw Daily 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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