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Mirae Asset Short Duration Fund - Direct Plan - Growth

Mirae Asset · Short Duration
Moderate
₹17.79
Current NAV
03 Nov 2026
4.0%
1Y Return
7.1%
3Y CAGR
6.3%
5Y CAGR
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NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.11%.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.71).
  • Generates significant excess returns relative to benchmark index (Alpha: 3.21).
Cons / Risks
  • 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: Moderate Risk
Low Moderate High Very High
Risk Metrics
1.71
Sharpe Ratio
1.01
Beta
3.21
Alpha
1.90
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Fund Details
Fund House Mirae Asset
Category Short Duration
AUM ₹9260 Cr
Expense Ratio 0.11%
Min SIP ₹500
Min Lumpsum ₹1000
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