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Mirae Asset Short Term Fund

Mirae Asset Short Term Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

5.00

as on 30 Sep 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,577 today.

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NAV Performance

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

Fund Information

  • ₹ 12.983

    as on 30 Sep 2022
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 647 Cr.

    as on 31 Dec 2021
  • 1.15%

  • 16 Mar 2018

  • Debt - Short Duration Fund

  • CRISIL 10 Year Gilt Index

  • Mirae Mutual Fund

    Show All Funds

Highlights of this fund

Mirae Asset Short Term Fund is an Open-ended Debt Fund. The fund belongs to Short 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 16 Mar 2018. This fund is offered by one of the top AMC (Assets Management Company) Mirae Mutual Fund. You can also view here all other Debt funds offered by Mirae Mutual Fund.

Latest NAV of the fund is ₹ 12.983 as on 30 Sep 2022.

This fund has 4 years of track record. Since 31 Oct 2021 expense ratio of this fund is 1.15%. 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

to generate returns through an actively managed diversified portfolio of debt and money market instruments with Macaulay duration of the portfolio between 1 year to 3 years.

List of Fund Managers of Mirae Asset Short Term Fund

  • About Mahendra Jajoo

    Picture of Mahendra Jajoo
  • About Amit Modani

    Picture of Amit Modani

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately Low 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 0.28% 0.49% 3.54% 15.98% 17.44% 10.98% 7.71% 6.83% 8.14% 19.09% 13.93% 10.36% 6.72% 7.32%
Category Average 0.15% 0.04% 1.35% 2.05% 3.35% 4.39% 5.45% 5.40% 7.04% 3.04% 3.56% 4.38% 5.15% 6.29%
Mirae Asset Short Term Fund 0.14%₹ 10,014 0.01%₹ 10,000 1.25%₹ 10,125 0.86%₹ 10,086 2.18%₹ 10,218 2.39%₹ 12,155 3.35%₹ 10,680 2.77%₹ 24,697 5.00%₹ 11,577 3.65%₹ 38,064 - - - -
HDFC Short Term Debt Fund 0.18%₹ 10,017 0.08%₹ 10,008 1.47%₹ 10,147 1.10%₹ 10,109 2.53%₹ 10,252 2.79%₹ 12,181 4.18%₹ 10,853 3.34%₹ 24,840 6.33%₹ 12,023 4.59%₹ 38,609 6.83%₹ 13,918 6.16%₹ 70,118 7.87%₹ 21,344 7.24%₹ 1,74,282
ICICI Prudential Short Term Fund 0.23%₹ 10,022 0.39%₹ 10,039 2.38%₹ 10,238 2.38%₹ 10,238 3.59%₹ 10,358 4.55%₹ 12,294 4.74%₹ 10,971 4.30%₹ 25,082 6.60%₹ 12,114 5.22%₹ 38,974 6.64%₹ 13,794 6.42%₹ 70,567 7.87%₹ 21,341 7.32%₹ 1,74,983
Kotak Bond (short Term) 0.28%₹ 10,027 0.03%₹ 10,002 1.54%₹ 10,154 0.72%₹ 10,072 1.92%₹ 10,191 2.17%₹ 12,140 3.56%₹ 10,725 2.78%₹ 24,699 5.56%₹ 11,764 3.92%₹ 38,219 6.17%₹ 13,491 5.53%₹ 69,014 7.31%₹ 20,264 6.66%₹ 1,69,014
Nippon India Short Term Fund 0.17%₹ 10,017 -0.08%₹ 9,991 1.33%₹ 10,133 0.58%₹ 10,058 2.28%₹ 10,227 2.23%₹ 12,144 4.21%₹ 10,860 3.18%₹ 24,798 5.85%₹ 11,860 4.32%₹ 38,454 6.12%₹ 13,460 5.72%₹ 69,341 7.46%₹ 20,545 6.77%₹ 1,69,994
Axis Short Term Fund 0.15%₹ 10,015 0.05%₹ 10,004 1.41%₹ 10,141 1.17%₹ 10,116 2.75%₹ 10,274 2.97%₹ 12,192 3.94%₹ 10,803 3.32%₹ 24,835 5.98%₹ 11,903 4.39%₹ 38,491 6.47%₹ 13,688 5.90%₹ 69,662 7.47%₹ 20,571 6.93%₹ 1,71,405

Portfolio Holdings

Portfolio holdings pattern of Mirae Asset Short Term Fund as on 02 Oct 2022 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    84.58%
  • Others Holdings:

    15.45%

Top Debt Instrument Type holdings of Mirae Asset Short Term Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 47.47% ₹ 284.12 Cr.
GOI 24.63% ₹ 147.41 Cr.
T-Bills 8.35% ₹ 49.98 Cr.
CP 2.08% ₹ 12.43 Cr.
CD 2.05% ₹ 12.27 Cr.
Others 15.42% -

Top Debt Holdings of Mirae Asset Short Term Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 24.63% ₹ 147.41 Cr.
Bond - T-Bill 8.35% ₹ 49.98 Cr.
Bond - Rural Electrification Corporation Limited 6.01% ₹ 35.99 Cr.
Bond - Hindustan Petroleum Corporation Ltd. 6.01% ₹ 35.96 Cr.
Bond - Bajaj Finance Ltd. 5.86% ₹ 35.08 Cr.
Others 49.14%

Other Holdings

Holding TypeHolding Percentage
TREPS 13.81%
Net Receivables 1.64%