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Mirae Asset Short Duration Fund - Direct Plan - IDCW

Mirae Asset · Short Duration
Moderate
₹17.74
Current NAV
03 Nov 2026
3.9%
1Y Return
7.1%
3Y CAGR
6.3%
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.9%.
  • Professionally managed by an established fund house with experienced fund managers.
  • Well-diversified portfolio aligned with the Short Duration mandate.
Cons / Risks
  • Sluggish 3-year performance, lagging behind primary equity benchmarks.
  • Smaller AUM (₹50 Cr) which might lead to higher tracking errors or expense adjustments.
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
1.00
Sharpe Ratio
1.20
Beta
1.00
Alpha
1.30
Sortino
Fund Details
Fund House Mirae Asset
Category Short Duration
AUM ₹50 Cr
Expense Ratio 0.90%
Min SIP ₹500
Min Lumpsum ₹1000
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