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Mirae Asset Short Term Fund

Mirae Asset Short Term Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

7.50

as on 02 Aug 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,423 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

  • ₹ 12.624

    as on 02 Aug 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 722 Cr.

    as on 02 Aug 2021
  • 1.14%

    since 31 May 2021
  • 16 Mar 2018

  • Debt - Short Duration Fund

  • CRISIL 10 Year Gilt Index

  • mirae asset mutual fund

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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 asset mutual fund. You can also view here all other Debt funds offered by mirae asset mutual fund.

Latest NAV of the fund is ₹ 12.624 as on 02 Aug 2021.

This fund has 3 years of track record. Since 31 May 2021 expense ratio of this fund is 1.14%. 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 Amit Modani

    Picture of Amit Modani
  • About Mahendra Jajoo

    Picture of Mahendra Jajoo

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 0.13% 0.80% 3.54% 7.24% 6.18% 8.38% 8.70% 7.98% 8.97% 5.76% 7.54% 8.20% 8.12% 8.41%
Category Average 0.09% 0.59% 1.20% 2.61% 4.35% 6.32% 6.09% 6.21% 7.63% 4.33% 5.97% 6.13% 6.03% 6.96%
Mirae Asset Short Term Fund 0.11%₹ 10,010 0.69%₹ 10,068 1.09%₹ 10,109 2.55%₹ 10,254 3.99%₹ 10,399 4.28%₹ 12,275 6.58%₹ 11,360 5.73%₹ 25,444 7.50%₹ 12,423 6.76%₹ 39,879 - - - -
ICICI Prudential Short Term Fund 0.10%₹ 10,010 0.45%₹ 10,045 1.19%₹ 10,118 2.46%₹ 10,245 5.19%₹ 10,518 4.88%₹ 12,313 8.06%₹ 11,679 7.07%₹ 25,787 8.44%₹ 12,754 7.95%₹ 40,595 7.68%₹ 14,482 7.74%₹ 72,930 8.52%₹ 22,674 8.23%₹ 1,83,535
HDFC Short Term Debt Fund 0.10%₹ 10,010 0.63%₹ 10,062 1.37%₹ 10,136 2.79%₹ 10,279 5.37%₹ 10,536 5.24%₹ 12,336 8.38%₹ 11,748 7.34%₹ 25,856 8.70%₹ 12,846 8.20%₹ 40,743 7.98%₹ 14,684 8.12%₹ 73,632 8.69%₹ 23,019 8.40%₹ 1,85,188
Axis Short Term Fund 0.09%₹ 10,008 0.55%₹ 10,054 1.13%₹ 10,113 2.34%₹ 10,234 4.67%₹ 10,467 4.50%₹ 12,289 7.70%₹ 11,602 6.61%₹ 25,670 8.32%₹ 12,711 7.64%₹ 40,406 7.57%₹ 14,408 7.62%₹ 72,716 8.27%₹ 22,159 7.98%₹ 1,81,104
Kotak Bond (short Term) 0.13%₹ 10,012 0.57%₹ 10,056 1.21%₹ 10,121 2.35%₹ 10,235 4.37%₹ 10,436 4.33%₹ 12,278 7.37%₹ 11,529 6.32%₹ 25,595 8.10%₹ 12,636 7.37%₹ 40,244 7.33%₹ 14,242 7.36%₹ 72,252 8.12%₹ 21,850 7.80%₹ 1,79,373
Nippon India Short Term Fund 0.09%₹ 10,008 0.68%₹ 10,067 1.43%₹ 10,143 3.26%₹ 10,326 5.69%₹ 10,568 5.76%₹ 12,369 7.77%₹ 11,616 7.05%₹ 25,783 8.14%₹ 12,648 7.78%₹ 40,488 7.29%₹ 14,221 7.46%₹ 72,427 8.28%₹ 22,165 7.91%₹ 1,80,427

Portfolio Holdings

Portfolio holdings pattern of Mirae Asset Short Term Fund as on 04 Aug 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    93.60%
  • Others Holdings:

    6.40%

Top Debt Instrument Type holdings of Mirae Asset Short Term Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 63.43% ₹ 457.71 Cr.
GOI 25.08% ₹ 181.05 Cr.
CP 5.09% ₹ 36.66 Cr.
Others 6.40% -

Top Debt Holdings of Mirae Asset Short Term Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 25.08% ₹ 181.05 Cr.
Bond - Small Industries Development Bank Of India 7.64% ₹ 55.09 Cr.
Bond - National Bank for Agriculture & Rural Development 7.11% ₹ 51.41 Cr.
Bond - Housing & Urban Development Corporation Ltd. 6.31% ₹ 45.52 Cr.
Bond - Hindustan Petroleum Corporation Ltd. 5.03% ₹ 36.23 Cr.
Others 48.83%

Other Holdings

Holding TypeHolding Percentage
TREPS 5.39%
Net Receivables 1.01%