Home› Funds› Mirae Asset Low Duration Fund - Regular Plan - Dai

Mirae Asset Low Duration Fund - Regular Plan - Daily IDCW

Mirae Asset · Low Duration
Low
₹1005.16
Current NAV
03 Nov 2026
—
1Y Return
—
3Y CAGR
—
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.56).
  • Generates significant excess returns relative to benchmark index (Alpha: 2.56).
  • Very large asset base (AUM: ₹13,110 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: Low Risk
Low Moderate High Very High
Risk Metrics
1.56
Sharpe Ratio
1.16
Beta
2.56
Alpha
1.97
Sortino
Fund Details
Fund House Mirae Asset
Category Low Duration
AUM ₹13110 Cr
Expense Ratio 1.16%
Min SIP ₹500
Min Lumpsum ₹1000
Similar Funds in Low Duration
Franklin India Low Duration Fund - Growth Plan
Franklin India Low Duration
₹32.61 37.1%
Franklin India Low Duration Fund - Monthly - IDCW
Franklin India Low Duration
₹15.04 37.1%
Franklin India Low Duration Fund - Quarterly - IDCW
Franklin India Low Duration
₹14.77 37.1%
Franklin India Low Duration Fund- Segregated Portfolio 1- 8.25% Vodafone Idea Ltd-10JUL20-Direct-Monthly Dividend Plan
Franklin India Low Duration
₹0.00 31.0%