you are here:

Mirae Asset Short Term Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : Short Duration Fund
  • NAV
    : ₹ 12.8941 0.05%
    (as on 11th June, 2021)
Invest Now
Crisil Rank
Below average performance among peers
Risk-O-Meter
Moderate

Fund has 94.3% investment in Debt of which 25.04% in Government securities, 69.24% in funds invested in very low risk securities..

Suitable For : Investors who want to invest for 1-3 years and are looking for alternative to bank deposits.

This Scheme
VS
  • CRISIL 10 Year Gilt Index
  • NA
  • NA
  • Gold
Compare with
  • Date : -
  • NAV : -
  • CRISIL 10 Year Gilt Index : -
  • Date : -
  • Investment : -
  • Value on selected date : -
  • Returns Calculator
  • SIP Calculator
  • VIP (Value Avg)
Amount
  • Investment Date
  • Sell Date
  • Investment Value
    -
  • Sell Value
    -
  • Profit/Loss
    -
  • Annualised Returns
    -
  • Date : -
  • Investment : -
  • Value on selected date : -

Returns (NAV as on 11th June, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 04-Jun-21 10028.30 0.28% - 0.28% 11/27
1 Month 11-May-21 10055.00 0.55% - 0.61% 22/27
3 Month 10-Mar-21 10219.90 2.20% - 2.22% 12/27
6 Month 11-Dec-20 10212.10 2.12% - 2.38% 14/26
YTD 01-Jan-21 10183.30 1.83% - 2.02% 13/26
1 Year 11-Jun-20 10637.10 6.37% 6.37% 7.73% 21/26
2 Year 11-Jun-19 11733.60 17.34% 8.31% 7.72% 17/26
3 Year 11-Jun-18 12868.70 28.69% 8.76% 7.23% 12/25
Since Inception 16-Mar-18 12894.10 28.94% 8.16% 8.15% 17/26

SIP Returns (NAV as on 11th June, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 11-Jun-20 12000 12358.63 2.99 % 5.58 %
2 Year 11-Jun-19 24000 25832.86 7.64 % 7.24 %
3 Year 11-Jun-18 36000 40679.3 13 % 8.09 %
 

Tax Treatment

Portfolio (Updated on 31st May,2021)

No of Debt Holding 65 (Category Avg - 71.07) | Modified Duration 1.75 Years (Category Avg - 1.93)| Yield to Maturity 4.59% (Category Avg - 5.01%)

Type of Holdings

Security Type
% Weight
Category Average
GOI 25.04% 24.00%
CD 0.00% 2.37%
T-Bills 0.00% 3.14%
CP 5.10% 1.62%
NCD & Bonds 64.14% 55.13%
PTC 0.00% 0.39%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 25.04% 27.14%
Low Risk 69.24% 57.77%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
TREPS TREPS 3.45%
Net Receivables Net Receivables 2.25%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st May, 2021)

  • Standard Deviation

    Low volatility
    1.84vs4.5
    Category Avg
  • Beta

    High volatility
    0.98vs0.77
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    2.23vs1.33
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.04vs0.37
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    -0.99vs-1.91
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
HSBC Short Duration Fund - Direct Plan - Growth 3 189.16 0.71 2.30 2.35 15.54 4.58
Principal Short Term Debt Fund - Direct Plan - Growth 5 139.75 0.59 2.53 1.80 13.19 5.18
Aditya Birla Sun Life Short Term Fund - Direct Plan - Growth 4 7061.80 0.65 2.30 2.46 9.98 9.56
Franklin India Short Term Income Plan - Direct - Growth 1 4298.94 0.78 4.32 8.39 9.92 4.53
ICICI Prudential Short Term Fund - Direct Fund - Growth 4 20015.32 0.67 2.25 2.59 8.44 9.70
HDFC Short Term Debt Fund - Direct Plan - Growth 2 18117.34 0.69 2.35 2.37 8.39 9.38
Nippon India Short Term Fund - Direct Plan - Growth 4 9012.05 0.72 2.63 3.00 8.38 9.33
IDBI Short Term Bond Fund - Direct Plan - Growth 2 25.17 0.58 2.51 2.20 7.95 5.99
BNP Paribas Short Term Fund - Direct Plan - Growth 3 409.17 0.71 2.33 2.21 7.69 8.58
Axis Short Term Fund - Direct Plan - Growth 3 12069.96 0.60 1.95 2.30 7.49 9.43

More Funds from Mirae Asset Mutual Fund

Out of 23 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 1 is/are ranked 4 * , 3 is/are ranked 3 * , 2 is/are ranked 2 * , and 15 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Mirae Asset Large Cap Fund - Direct Plan - Growth 3 25721.43 6.79 4.73 18.09 61.11 15.57
Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth 5 17892.20 6.40 8.28 27.00 78.70 22.01
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 7939.53 6.84 7.13 25.13 78.61 21.29
Mirae Asset Focused Fund - Direct Plan - Growth NA 6176.78 7.08 5.58 23.49 77.48 0.00
Mirae Asset Hybrid - Equity - Direct Plan - Growth 4 5150.16 5.71 5.41 16.95 48.51 15.96
Mirae Asset Midcap Fund - Direct Plan - Growth NA 5002.36 7.96 11.71 36.05 98.16 0.00
Mirae Asset Cash Management Fund - Direct Plan - Growth 3 4089.79 0.29 0.86 1.66 3.39 5.54
Mirae Asset Healthcare Fund - Direct Plan - Growth NA 1595.42 3.86 17.95 21.71 60.54 0.00
Mirae Asset Great Consumer Fund - Direct Plan - Growth NA 1271.20 7.27 8.33 19.63 58.94 15.02
Mirae Asset Savings Fund - Direct Plan - Growth 2 1089.55 0.36 1.33 1.93 5.87 6.65

Forum

+ See More