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Mirae Asset Corporate Bond Fund Direct IDCW

Mirae Asset · Corporate Bond
Moderate
₹13.72
Current NAV
25 Jun 2026
24.1%
1Y Return
12.1%
3Y CAGR
14.1%
5Y CAGR
Watchlist
Analysis & Suitability
Pros / Upsides
  • Exceptional short-term performance with a 1-year return exceeding 20%.
  • Highly cost-efficient with a low expense ratio of 0.71%.
  • Generates significant excess returns relative to benchmark index (Alpha: 5.81).
  • Very large asset base (AUM: ₹21,860 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Returns are subject to standard market fluctuations and interest rate risks.
  • No indexation benefits under current tax laws for short holding periods.
Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.
Risk Profile: Moderate Risk
Low Moderate High Very High
Risk Metrics
0.81
Sharpe Ratio
0.41
Beta
5.81
Alpha
0.90
Sortino
Fund Details
Fund House Mirae Asset
Category Corporate Bond
AUM ₹21860 Cr
Expense Ratio 0.71%
Min SIP ₹500
Min Lumpsum ₹1000
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