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Mirae Asset Savings Fund

Mirae Asset Savings Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

5.69

as on 20 Sep 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,809 today.

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NAV Performance

Mirae Asset Savings Fund performance graph for last 3 years
Performance of Mirae Asset Savings Fund for last 3 Years

Fund Information

  • ₹ 1,814.562

    as on 20 Sep 2021
  • Regular - Growth

  • 15 / 23

  • ₹ 5,000

  • ₹ 1,113 Cr.

    as on 20 Sep 2021
  • 0.92%

    since 31 May 2021
  • 05 Mar 2008

  • Debt - Low Duration Fund

  • CRISIL 10 Year Gilt Index

  • mirae asset mutual fund

    Show All Funds

Highlights of this fund

Mirae Asset Savings Fund is an Open-ended Debt Fund. The fund belongs to Low Duration Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 05 Mar 2008. This fund is offered by one of the top AMC (Assets Management Company) mirae asset mutual fund. You can also view here all other Debt funds offered by mirae asset mutual fund.

Latest NAV of the fund is ₹ 1,814.562 as on 20 Sep 2021.

This fund has 13 years of track record. Since 31 May 2021 expense ratio of this fund is 0.92%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

The investment objective of the scheme is to seek to generate returns with a portfolio comprising of debt and money market instruments, such that Macaulay duration of the portfolio is between 6 months - 12 months. The Scheme does not guarantee any returns.

List of Fund Managers of Mirae Asset Savings Fund

  • About Mahendra Jajoo

    Picture of Mahendra Jajoo

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderate Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.10% 0.50% 1.57% 3.03% 7.68% 7.03% 7.64% 7.44% 8.40% 5.79% 6.34% 6.97% 7.26% 7.92%
Category Average 0.05% 0.30% 1.08% 2.29% 4.10% 4.89% 4.68% 5.61% 6.87% 4.16% 5.10% 4.92% 5.15% 6.27%
Mirae Asset Savings Fund 0.04%₹ 10,003 0.25%₹ 10,025 1.00%₹ 10,099 2.03%₹ 10,203 3.85%₹ 10,384 3.63%₹ 12,234 5.15%₹ 11,057 4.62%₹ 25,166 5.69%₹ 11,809 5.06%₹ 38,882 5.83%₹ 13,277 5.49%₹ 68,949 - -
ICICI Prudential Savings Fund 0.10%₹ 10,010 0.50%₹ 10,050 1.57%₹ 10,156 3.03%₹ 10,302 5.55%₹ 10,555 5.32%₹ 12,343 7.03%₹ 11,457 6.34%₹ 25,604 7.64%₹ 12,475 6.97%₹ 40,010 7.44%₹ 14,319 7.26%₹ 72,067 8.40%₹ 22,420 7.92%₹ 1,80,581
HDFC Low Duration Fund 0.04%₹ 10,004 0.35%₹ 10,034 1.20%₹ 10,120 2.60%₹ 10,260 5.14%₹ 10,514 4.64%₹ 12,299 6.49%₹ 11,342 5.84%₹ 25,475 7.09%₹ 12,287 6.44%₹ 39,695 6.84%₹ 13,926 6.68%₹ 71,032 7.60%₹ 20,819 7.21%₹ 1,73,956
Aditya Birla Sun Life Low Duration Fund 0.03%₹ 10,003 0.28%₹ 10,028 1.08%₹ 10,108 2.43%₹ 10,242 4.48%₹ 10,448 4.21%₹ 12,272 6.22%₹ 11,283 5.41%₹ 25,366 7.03%₹ 12,265 6.17%₹ 39,535 6.85%₹ 13,928 6.62%₹ 70,926 7.80%₹ 21,212 7.31%₹ 1,74,922
Axis Treasury Advantage Fund 0.06%₹ 10,006 0.31%₹ 10,030 1.14%₹ 10,114 2.37%₹ 10,236 4.47%₹ 10,447 4.27%₹ 12,276 6.14%₹ 11,268 5.32%₹ 25,344 7.13%₹ 12,300 6.17%₹ 39,537 6.97%₹ 14,005 6.71%₹ 71,091 7.99%₹ 21,588 7.43%₹ 1,75,968
Kotak Low Duration Fund Standard 0.07%₹ 10,007 0.40%₹ 10,039 1.23%₹ 10,122 2.55%₹ 10,254 4.53%₹ 10,453 4.33%₹ 12,280 6.52%₹ 11,347 5.55%₹ 25,403 7.12%₹ 12,296 6.31%₹ 39,622 7.15%₹ 14,128 6.80%₹ 71,246 - -

Portfolio Holdings

Portfolio holdings pattern of Mirae Asset Savings Fund as on 21 Sep 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    85.31%
  • Others Holdings:

    14.69%

Top Debt Instrument Type holdings of Mirae Asset Savings Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 32.57% ₹ 362.33 Cr.
CP 25.92% ₹ 288.38 Cr.
CD 13.63% ₹ 151.55 Cr.
GOI 7.89% ₹ 87.75 Cr.
T-Bills 5.30% ₹ 59.02 Cr.
Others 14.69% -

Top Debt Holdings of Mirae Asset Savings Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 7.89% ₹ 87.75 Cr.
Bond - Axis Bank Ltd. 5.73% ₹ 63.70 Cr.
Bond - Axis Finance Ltd. 5.31% ₹ 59.08 Cr.
Bond - T-Bill 5.30% ₹ 59.02 Cr.
Bond - ICICI Securities Ltd. 4.41% ₹ 49.11 Cr.
Others 71.36%

Other Holdings

Holding TypeHolding Percentage
TREPS 12.67%
Net Receivables 2.02%