Home Funds Mirae Asset Low Duration Fund - Regular Plan - Gro

Mirae Asset Low Duration Fund - Regular Plan - Growth

Mirae Asset · Low Duration
Low
₹2390.62
Current NAV
25 Jun 2026
31.1%
1Y Return
9.1%
3Y CAGR
21.1%
5Y CAGR
Add to Watchlist
Analysis & Suitability
Pros / Upsides
  • Exceptional short-term performance with a 1-year return exceeding 20%.
  • Generates significant excess returns relative to benchmark index (Alpha: 6.51).
  • Very large asset base (AUM: ₹21,060 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Higher expense ratio (2.31%) which can affect compounding over long horizons.
  • 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
0.51
Sharpe Ratio
0.71
Beta
6.51
Alpha
0.57
Sortino
Fund Details
Fund House Mirae Asset
Category Low Duration
AUM ₹21060 Cr
Expense Ratio 2.31%
Min SIP ₹500
Min Lumpsum ₹1000
Similar Funds in Low Duration
HDFC Low Duration Fund - Direct Plan - Daily IDCW
HDFC
₹10.07 31.9%
Invesco India Low Duration Fund - Growth
Invesco
₹4008.65 31.8%
HSBC Low Duration Fund - Direct Growth
HSBC
₹32.24 31.7%
NIPPON INDIA LOW DURATION FUND - DIRECT Plan - WEEKLY IDCW Option
Nippon India
₹1013.61 31.7%