Mirae Asset Low Duration Fund - Direct Plan - IDCW - Monthly

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Scheme 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.

Scheme Details

Fund manager(s) – Basant Bafna
Launch date – 02-Jan-2013
Expense ratio – 0.17% as declared on 31-Aug-2025 (category average is 0.33%)
Benchmark - NIFTY Low Duration Debt Index A-I

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

1864.53

0.00

0.00%

Aug - 2025	1864.53	0.00%
Jul - 2025	1971.74	0.00%
Jun - 2025	1565.38	0.00%
May - 2025	1838.28	0.00%
Apr - 2025	1784.29	0.00%
Mar - 2025	1414.58	0.00%
Feb - 2025	1199.97	0.00%
Jan - 2025	1392.91	0.00%

2024

1257.37

0.00

0.00%

Dec - 2024	1257.37	0.00	0.00%
Nov - 2024	1163.73	0.00	0.00%
Oct - 2024	1248.72	0.00	0.00%
Sep - 2024	1150.94	0.00	0.00%
Aug - 2024	1430.22	0.00	0.00%
Jul - 2024	1021.27	0.00	0.00%
Jun - 2024	1070.96	0.00	0.00%
May - 2024	616.30	99329.46	0.62%
Apr - 2024	594.96	98173.46	0.61%
Mar - 2024	493.94	90208.75	0.55%
Feb - 2024	463.30	95671.89	0.48%
Jan - 2024	527.21	98950.73	0.53%

2023

553.00

96506.56

0.57%

Dec - 2023	553.00	96506.56	0.57%
Nov - 2023	572.31	105060.01	0.54%
Oct - 2023	589.36	105786.93	0.56%
Sep - 2023	575.84	106358.58	0.54%
Aug - 2023	572.43	105079.82	0.54%
Jul - 2023	616.79	106492.63	0.58%
Jun - 2023	577.34	96466.59	0.60%
May - 2023	622.17	92277.33	0.67%
Apr - 2023	604.63	92702.77	0.65%
Mar - 2023	541.78	85122.43	0.64%
Feb - 2023	606.05	91356.50	0.66%
Jan - 2023	633.79	93680.30	0.68%

2022

606.51

93900.56

0.65%

Dec - 2022	606.51	93900.56	0.65%
Nov - 2022	603.72	93536.89	0.65%
Oct - 2022	662.75	93593.07	0.71%
Sep - 2022	617.74	95352.61	0.65%
Aug - 2022	697.28	102531.49	0.68%
Jul - 2022	659.46	99067.54	0.67%
Jun - 2022	694.06	99106.89	0.70%
May - 2022	766.76	105648.42	0.73%
Apr - 2022	845.84	114271.27	0.74%
Mar - 2022	743.52	109780.71	0.68%
Feb - 2022	782.13	121188.81	0.65%
Jan - 2022	829.93	125785.87	0.66%

2021

880.58

126365.61

0.70%

Dec - 2021	880.58	126365.61	0.70%
Nov - 2021	1033.53	138446.24	0.75%
Oct - 2021	1046.60	143727.94	0.73%
Sep - 2021	986.81	139442.18	0.71%
Aug - 2021	1079.07	156215.87	0.69%
Jul - 2021	1124.03	161975.64	0.69%
Jun - 2021	1112.53	152933.40	0.73%
May - 2021	1089.55	145826.51	0.75%
Apr - 2021	1045.77	135228.75	0.77%
Mar - 2021	1057.99	126213.83	0.84%
Feb - 2021	1200.71	143734.92	0.84%
Jan - 2021	1066.10	138830.69	0.77%

2020

1087.87

146343.16

0.74%

Dec - 2020	1087.87	146343.16	0.74%
Nov - 2020	1016.46	147681.07	0.69%
Oct - 2020	844.88	119876.27	0.70%
Sep - 2020	809.61	102968.12	0.79%
Aug - 2020	677.38	107820.64	0.63%
Jul - 2020	547.91	100111.85	0.55%
Jun - 2020	485.65	82521.04	0.59%
May - 2020	486.51	72939.74	0.67%
Apr - 2020	511.38	71639.05	0.71%
Mar - 2020	565.31	77073.71	0.73%
Feb - 2020	594.15	96550.58	0.62%
Jan - 2020	626.77	92357.34	0.68%

Tax Rate

Any profit will be clubbed with your income and taxed at your effective tax rate.

Contact Details

Mirae Asset Investment Managers (India) Pvt. Ltd.

Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Tel no.: 022-67800300
Fax no.: 022-67253942
Website.: www.miraeassetmf.co.in

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krishna_ksvs
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5 days ago

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hunch
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40 days ago

JMFLEXICAPfund regular is howing worst performance. bought at 107.693 in jly 24 and now 97.43 how to shuffle and compensate loss View more | 1

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3 days ago

Secure Your attractive Returns with a Long-Term PSU Bond 9.35% Telangana State Industrial Infrastructure Corporation Limited – 2031 ✔️ Coupon: 9.35% ✔️ Rating: INDIA RATING AA(CE) Stable, Acuite (SMERA) AA(CE) Stable ✔️ Tenor: 6y 3m (Maturity: 31/Dec/2031) ✔️ Senior Secured | PSU Bond | High Return Bond | Listed A reliable PSU bond offering steady returns over a long-term horizon. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJldWJ3PT0=/935-telangana-state-industrial-infrastructure-corporation-limited-31dec2031?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Secure Your attractive Returns with a Long-Term PSU Bond 9.35% Telangana State Industrial Infrastructure Corporation Limited – 2031 ✔️ Coupon: 9.35% ✔️ Rating: INDIA RATING AA(CE) Stable, Acuite (SMERA) AA(CE) Stable ✔️ Tenor: 6y 3m (Maturity: 31/Dec/2031) ✔️ Senior Secured | PSU Bond | High Return Bond | Listed A reliable PSU bond offering steady returns over a long-term horizon. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJldWJ3PT0=/935-telangana-state-industrial-infrastructure-corporation-limited-31dec2031?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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ravisistla
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68 days ago

Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know. View more

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sunny85deol
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106 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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106 days ago

Hi Sunny, what is he period of holding and also any particular reson for withdrawl out of these two funds that have grown over a period of time View more | 1

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