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Mirae Asset Long Duration Fund - NAV, Performance, Returns, Portfolio & Investment Guide

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Invest in Mirae Asset Long Duration Fund with latest NAV, AUM details, fund manager insights, and comprehensive investment guide. Check performance, returns and portfolio allocation.

Investment Objective and Approach

The investment objective of the scheme is to seek to generate returns through an actively managed diversified portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is greater than 7 years. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

The fund follows a systematic approach to debt investments:

- Duration Strategy: The Scheme seeks to generate returns through investments in a range of debt and money market instruments such that the Macaulay duration of the portfolio is greater than 7 years.

- Investment Universe: The Scheme may invest in securities issued by corporate (both private sector and public sectors) including banks and financial institutions and Money Market Instruments across maturities / yield curve and ratings. The Mirae Asset Long Duration Fund – Direct (G) may also invest in government securities across maturities / yield curve.

- Key Features: Opportunity to invest in longer maturity debt securities · Investment in high credit quality debt papers – Government securities, SDLs (State Development Loans) and higher rated corporate bonds

- Risk Management: Whilst such risks cannot be eliminated, they may be minimized through diversification techniques. The fund management team actively monitors interest rate risk and conducts thorough credit analysis.

Fund Manager

Ms. Kruti Chheta has over 7 years of experience in fixed income market & has been associated with Mirae Asset Investment Managers (India) Pvt Ltd. for over 4 years as a fixed income analyst. Her responsibilities as part of the investment team included leading the research for managing debt fund.Prior to joining the AMC, Ms. Chheta has been associated with AK Capital and Shriram Wealth Advisors. At AK Capital, Ms. Chheta was Fixed Income Analyst for the tenure of 1 year in a client advisory role, assisting large pension funds with research on fixed income investment opportunities.

Mr. Mahendra Kumar Jajoo is the Head of Fixed Income at Mirae Asset Global Investments (India) Pvt. Ltd., overseeing the debt fund strategies and providing leadership to the fixed income team.

About the Fund House (AMC)

Headquartered in Seoul, South Korea, Mirae Asset Financial Group is one of the key players in the Asian financial market. Its asset management wing, the Mirae Asset Global Investments, commenced operation in 1997 and has expanded its business globally in a relatively short span of time.

Global Presence: Today, Mirae Asset Mutual Fund has its presence in 14 countries spread across 5 continents. From the USA to Europe and India, Mirae Asset has been helping people invest prudently through their asset management company.

Indian Operations: The Indian wing of the AMC, Mirae Asset Global Investments (India) Pvt. Ltd. was launched in the November of 2007, becoming only their second overseas branch after Hong Kong. Note that Mirae Asset has been present in the Indian market since 2004 as a foreign institutional investor, but they commenced domestic business only in 2008.

Current Scale: Currently, they handle assets worth over Rs. 161740.88 Crore spread across 38 schemes in India. Mirae Asset is considered one of the fastest growing AMCs in India. From a meagre 51,304 folios in 2013, they ballooned to over 11 Lakh in 2018, in a matter of just 5 years.

Latest Fund Data (as of May 5, 2025):

- NAV: ₹10.54

- AUM: ₹37.70 Cr as of 5th May 2025

- Expense Ratio: 0.10 as of 5th May 2025

Should I Invest in Mirae Asset Long Duration Fund?

This fund is suitable for investors who:

- Risk Profile: Have moderate to high-risk tolerance, as long duration funds are subject to significant interest rate risk

- Investment Horizon: Planning to invest for at least 3-5 years to ride out interest rate cycles

- Interest Rate View: Believe that interest rates will decline, which would benefit long duration bonds

- Portfolio Diversification: Want exposure to high-quality debt instruments with longer maturity

Key Considerations:

- This fund has been launched on 09-12-2024, making it a relatively new fund with limited performance history

- Long duration funds are highly sensitive to interest rate movements

- The fund focuses on high-quality debt papers including government securities and highly-rated corporate bonds

- The volatility or standard deviation for the Mirae Asset Long Duration Fund is 3.47

Suitability: Best suited for sophisticated investors who understand debt fund dynamics and have a clear view on interest rate movements. Not recommended for first-time investors or those seeking capital protection.

FAQs

What is today's NAV of Mirae Asset Long Duration Fund?

The latest NAV for Mirae Asset Long Duration Fund is ₹10.54 (as updated on the fund house website).

What is the AUM of Mirae Asset Long Duration Fund?

The AUM (assets under management) of Mirae Asset Long Duration Fund is ₹37.70 Cr as of 5th May 2025.

What is the expense ratio of Mirae Asset Long Duration Fund?

The expense ratio of Mirae Asset Long Duration Fund Plan is 0.10 as of 5th May 2025.

What are the returns of Mirae Asset Long Duration Fund since inception?

Since the fund was launched recently in December 2024, comprehensive return data is not yet available for meaningful analysis.

What is the minimum SIP amount to invest in Mirae Asset Long Duration Fund?

The minimum SIP amount is typically ₹1,000 per month, though this may vary across different platforms and distributors.

How do I invest in Mirae Asset Long Duration Fund?

You can invest through Allvest's platform by completing your KYC, selecting the fund, and making payment through various digital modes like UPI or net banking.

How to start a SIP in Mirae Asset Long Duration Fund?

Log into Allvest's platform, search for Mirae Asset Long Duration Fund, select SIP option, choose your monthly amount and date, then complete the investment process.

How do I automate an SIP in Mirae Asset Long Duration Fund?

Set up auto-debit instructions through Allvest's platform by providing your bank details and enabling automatic monthly deductions for seamless SIP investments.

How can I withdraw/redeem my investment in Mirae Asset Long Duration Fund?

You can redeem through Allvest's platform by placing a redemption request. Proceeds are typically credited to your registered bank account within 1-3 business days.