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Mirae Asset Low Duration Fund - Direct & Regular Plans, NAV, Returns, Performance 2025

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Invest in Mirae Asset Low Duration Fund. Get latest NAV, returns since inception (4.8% p.a.), AUM ₹1,199.97 Cr, expense ratio 0.86%. Low to moderate risk debt fund ideal for 6-12 months investment horizon.

Investment Objective and Approach

The Mirae Asset Low Duration Fund is an open-ended low duration debt scheme investing in instruments with Macaulay duration of the portfolio between 6 months and 12 months. The portfolio comprises mainly debt and money market instruments of short-term maturity, with endeavors to have a portfolio of high quality and low interest rate sensitive debt securities.

Key investment features:

- Maintains a portfolio of high-rated debt and money market instruments, trying to achieve a balance of safety, liquidity and yield

- Moderate interest rate risk and moderate credit risk profile

- Suitable for investors looking to earn regular income on short term surplus money

- Follows an accrual strategy for consistent returns

Fund Managers

Mr. Basant Bafna is managing the scheme since 1st February, 2024. The fund benefits from Mirae Asset's experienced debt management team with expertise in fixed income securities and money market instruments.

About the Fund House (AMC)

Mirae Asset Mutual Fund is a South Korea based mutual fund house headquartered in Seoul and is one of the fastest-growing fund houses in India. Its parent company is Mirae Asset Global Investments Co. Limited, which is also the sponsor of the fund house, with Mirae Asset Trustee Company Pvt. Ltd as the trustee company.

The AMC's Indian operations:

- Entered the Indian mutual fund market in 2007, launched as their second overseas branch after Hong Kong, and commenced domestic business in 2008

- Had assets under management (AUM) worth Rs. 1,63,996 crore by the end of January 2024

- Manages over 61 lakh folios with a monthly SIP book of Rs. 879 crore

- Has presence in 14 countries spread across 5 continents, helping people invest prudently through their asset management services

Should I Invest in Mirae Asset Low Duration Fund?

The fund suits specific investor profiles and market conditions:

Ideal for:

- Investors seeking short-term investment options (6-12 months horizon)

- Those looking for better returns than savings accounts with low risk

- Investors wanting to park surplus funds temporarily

- Risk-averse investors preferring debt instruments over equity

Key considerations:

- AUM of ₹1,199.97 Crore as of recent data

- Returns since inception at 4.8% p.a.

- Expense ratio of 0.86% which is competitive for debt funds

- No exit load, providing liquidity flexibility

- Low to moderate risk profile with no lock-in period

The fund is suitable for conservative investors looking for stable returns with capital preservation. However, returns may be lower during falling interest rate cycles, and investors should consider their investment timeline before investing.

FAQs

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

The latest NAV is ₹2236.89 for Regular plan and ₹2405.7164 for Direct plan as of recent dates. NAV is updated daily on working days.

What is the AUM of Mirae Asset Low Duration Fund?

The fund has an AUM of ₹1,199.97 Crore as of recent data, indicating good investor confidence and adequate fund size.

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

The expense ratio is 0.86%, which is competitive compared to other debt funds in the same category.

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

The fund has delivered 4.8% p.a. returns since inception. Inception date is March 05, 2008, however since inception returns are calculated from June 26, 2012.

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

The minimum SIP amount is ₹1,000 and minimum lumpsum investment is ₹5,000, making it accessible for retail investors.

How do I invest in Mirae Asset Low Duration Fund?

You can invest through Allvest platform by completing your KYC, selecting the fund, choosing between SIP or lumpsum, and making your investment online with ease.

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

Login to Allvest, search for the fund, select SIP option, choose your investment amount (minimum ₹1,000), set frequency, and authorize the mandate for automated monthly investments.

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

Through Allvest, set up auto-debit mandate during SIP registration. Your SIP will automatically deduct the chosen amount from your bank account on the selected date each month.

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

The fund has no exit load and no lock-in period, allowing flexible redemption. Submit redemption request through Allvest and funds typically reach your account within 2-3 business days.