Fund Performance
Lumpsum
SIP
4.66
as on 29 Mar 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,465 today.
NAV Performance

Fund Information
-
₹ 13.352
as on 29 Mar 2023 -
Regular - Growth
-
-
-
₹ 5,000
-
₹ 647 Cr.
as on 31 Dec 2021 -
1.15%
-
16 Mar 2018
-
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 ₹ 13.352 as on 29 Mar 2023.
This fund has 5 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
-
About 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 | 0.31% | 1.14% | 3.54% | 11.40% | 27.96% | 14.93% | 8.17% | 6.91% | 7.94% | 17.23% | 18.12% | 14.69% | 8.20% | 7.20% |
Category Average | 0.20% | 0.74% | 1.51% | 3.76% | 5.16% | 4.91% | 5.33% | 5.60% | 6.97% | 5.94% | 4.93% | 4.86% | 5.49% | 6.37% |
Mirae Asset Short Term Fund | 0.22%₹ 10,022 | 0.72%₹ 10,072 | 1.44%₹ 10,144 | 2.94%₹ 10,293 | 3.79%₹ 10,379 | 5.14%₹ 12,329 | 3.79%₹ 10,776 | 3.97%₹ 24,995 | 4.66%₹ 11,465 | 3.94%₹ 38,228 | 5.81%₹ 13,268 | 5.10%₹ 68,254 | - | - |
HDFC Short Term Debt Fund | 0.23%₹ 10,023 | 0.74%₹ 10,073 | 1.54%₹ 10,153 | 3.26%₹ 10,325 | 4.36%₹ 10,436 | 5.79%₹ 12,371 | 4.47%₹ 10,917 | 4.54%₹ 25,141 | 5.86%₹ 11,867 | 4.71%₹ 38,672 | 6.91%₹ 13,972 | 6.07%₹ 69,939 | 7.74%₹ 21,090 | 7.11%₹ 1,72,998 |
ICICI Prudential Short Term Fund | 0.21%₹ 10,021 | 0.73%₹ 10,072 | 1.59%₹ 10,159 | 3.36%₹ 10,335 | 5.72%₹ 10,571 | 6.63%₹ 12,424 | 4.95%₹ 11,018 | 5.31%₹ 25,336 | 6.24%₹ 11,994 | 5.29%₹ 39,007 | 6.87%₹ 13,945 | 6.38%₹ 70,476 | 7.74%₹ 21,083 | 7.20%₹ 1,73,815 |
Kotak Bond (short Term) | 0.20%₹ 10,020 | 0.75%₹ 10,075 | 1.27%₹ 10,127 | 2.95%₹ 10,295 | 3.58%₹ 10,357 | 5.04%₹ 12,323 | 3.92%₹ 10,802 | 3.90%₹ 24,979 | 5.13%₹ 11,623 | 4.03%₹ 38,278 | 6.32%₹ 13,593 | 5.41%₹ 68,788 | 7.13%₹ 19,925 | 6.51%₹ 1,67,623 |
Nippon India Short Term Fund | 0.25%₹ 10,025 | 0.77%₹ 10,076 | 1.39%₹ 10,139 | 3.06%₹ 10,306 | 3.61%₹ 10,361 | 5.20%₹ 12,333 | 4.32%₹ 10,886 | 4.16%₹ 25,043 | 5.48%₹ 11,740 | 4.46%₹ 38,526 | 6.30%₹ 13,579 | 5.68%₹ 69,259 | 7.31%₹ 20,268 | 6.63%₹ 1,68,736 |
Axis Short Term Fund | 0.23%₹ 10,023 | 0.81%₹ 10,081 | 1.54%₹ 10,154 | 3.14%₹ 10,314 | 4.30%₹ 10,430 | 5.62%₹ 12,360 | 4.34%₹ 10,890 | 4.50%₹ 25,131 | 5.54%₹ 11,758 | 4.55%₹ 38,576 | 6.62%₹ 13,784 | 5.83%₹ 69,522 | 7.36%₹ 20,356 | 6.81%₹ 1,70,316 |
Portfolio Holdings
Top Debt Instrument Type holdings of Mirae Asset Short Term Fund
Instrument Type | Holding Percentage | Holding 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 Instrument | Holding Percentage | Holding 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 Type | Holding Percentage |
---|---|
TREPS | 13.81% |
Net Receivables | 1.64% |