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Mirae Asset Low Duration Fund - Direct Plan - Daily IDCW

Mirae Asset · Low Duration
Low
₹1208.93
Current NAV
25 Jun 2026
11.6%
1Y Return
11.6%
3Y CAGR
12.6%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.96%.
  • Very large asset base (AUM: ₹15,310 Cr) indicating high investor trust and liquidity.
  • Well-diversified portfolio aligned with the Low Duration mandate.
Cons / Risks
  • Lower risk-adjusted performance compared to top peers in the same category.
Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.
Risk Profile: Low Risk
Low Moderate High Very High
Risk Metrics
0.76
Sharpe Ratio
1.56
Beta
-0.24
Alpha
1.03
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Fund Details
Fund House Mirae Asset
Category Low Duration
AUM ₹15310 Cr
Expense Ratio 0.96%
Min SIP ₹500
Min Lumpsum ₹1000
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