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Mirae Asset Low Duration Fund - Direct Plan - Quarterly IDCW

Mirae Asset · Low Duration
Low
₹1002.86
Current NAV
03 Nov 2026
-0.2%
1Y Return
-0.1%
3Y CAGR
-0.0%
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.66%.
  • Professionally managed by an established fund house with experienced fund managers.
  • Well-diversified portfolio aligned with the Low Duration mandate.
Cons / Risks
  • Lower risk-adjusted performance compared to top peers in the same category.
  • Sluggish 3-year performance, lagging behind primary equity benchmarks.

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
-2.24
Alpha
1.03
Sortino
Fund Details
Fund House Mirae Asset
Category Low Duration
AUM ₹3810 Cr
Expense Ratio 0.66%
Min SIP ₹500
Min Lumpsum ₹1000
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