you are here:

Mirae Asset Short Term Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : Short Duration Fund
  • NAV
    : ₹ 13.205 0%
    (as on 20th May, 2022)
Invest Now
Crisil Rank
Average performance among peers
Risk-O-Meter
Low to Moderate

Fund has 92.89% investment in Debt of which 24.49% in Government securities, 68.41% 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 20th May, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 13-May-22 10007.70 0.08% - 0.09% 18/27
1 Month 20-Apr-22 9951.90 -0.48% - -0.49% 13/27
3 Month 18-Feb-22 9977.70 -0.22% - 0.22% 10/26
6 Month 18-Nov-21 10069.20 0.69% - 1.12% 10/26
YTD 31-Dec-21 10033.50 0.34% - 0.78% 10/26
1 Year 20-May-21 10283.90 2.84% 2.84% 4.12% 15/25
2 Year 20-May-20 10963.30 9.63% 4.71% 6.11% 16/24
3 Year 20-May-19 12119.30 21.19% 6.61% 5.87% 13/24
Since Inception 16-Mar-18 13205.00 32.05% 6.88% 7.42% 21/25

SIP Returns (NAV as on 20th May, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 20-May-21 12000 12108.86 0.91 % 1.69 %
2 Year 20-May-20 24000 24814.02 3.39 % 3.25 %
3 Year 20-May-19 36000 38698.86 7.5 % 4.75 %
 

Tax Treatment

If sold after 3 years from purchase date, long term capital gain tax will be applicable. Current tax rate is the lower of (a) 10% of profit or (b) 20% of profit adjusted after indexation benefits. Any cess/surcharge is not included.|If sold before 3 years from purchase date, short term capital gain tax will be applicable. Any profit will be clubbed with your income and taxed at your effective tax rate.

Portfolio (Updated on 30th Apr,2022)

No of Debt Holding 42 (Category Avg - 60.15) | Modified Duration 1.20 Years (Category Avg - 1.47)| Yield to Maturity 5.37% (Category Avg - 5.69%)

Type of Holdings

Security Type
% Weight
Category Average
GOI 13.68% 24.87%
CD 2.93% 5.87%
T-Bills 10.81% 3.46%
NCD & Bonds 61.53% 63.56%
CP 3.95% 1.58%
PTC 0.00% 0.54%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 24.49% 28.34%
Low Risk 68.41% 61.35%
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 4.94%
Net Receivables Net Receivables 2.17%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th April, 2022)

  • Standard Deviation

    Low volatility
    1.8vs4.45
    Category Avg
  • Beta

    High volatility
    3.19vs1.1
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    1.22vs0.87
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.01vs0.33
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -3.19vs-1.09
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
BOI AXA Short Term Income Fund - Direct Plan - Growth 1 39.78 -0.48 14.64 15.56 17.22 0.67
IDBI Short Term Bond Fund - Direct Plan - Growth 2 33.11 -0.64 -0.68 0.19 10.84 6.71
UTI Short Term Income Fund - Direct Plan - Growth 4 2509.77 -0.26 0.17 0.98 8.27 4.71
Franklin India Short Term Income Plan - Direct - Growth 1 575.55 -0.37 -0.44 0.14 7.81 3.64
Aditya Birla Sun Life Short Term Fund - Direct Plan - Growth 4 7639.91 -0.25 0.24 1.22 3.86 7.70
ICICI Prudential Short Term Fund - Direct Fund - Growth 1 16622.61 -0.13 0.26 0.91 3.60 7.77
Nippon India Short Term Fund - Direct Plan - Growth 4 8159.86 -0.67 -0.48 0.74 3.43 7.43
Axis Short Term Fund - Direct Plan - Growth 4 10085.99 -0.40 -0.07 0.95 3.34 7.41
Sundaram Short Duration Fund - Direct Plan - Growth 2 240.09 -0.37 0.07 1.22 3.21 3.39
HDFC Short Term Debt Fund - Direct Plan - Growth 1 14549.42 -0.46 -0.31 0.51 3.12 7.42

More Funds from Mirae Asset Mutual Fund

Out of 24 mutual fund schemes offered by this AMC, 2 is/are ranked 4 * , 8 is/are ranked 3 * , 1 is/are ranked 1 * , and 13 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 31722.14 -5.90 -6.15 -9.47 9.71 13.25
Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth 3 21910.25 -6.93 -6.88 -10.92 8.87 19.85
Mirae Asset Tax Saver Fund - Direct Plan - Growth 4 11962.66 -6.32 -5.94 -9.74 9.87 19.20
Mirae Asset Focused Fund - Direct Plan - Growth NA 8415.21 -7.92 -8.68 -13.81 10.21 20.35
Mirae Asset Midcap Fund - Direct Plan - Growth NA 7594.93 -8.01 -5.07 -9.66 12.93 0.00
Mirae Asset Hybrid - Equity - Direct Plan - Growth 3 6648.52 -6.82 -4.80 -7.62 8.32 13.20
Mirae Asset Cash Management Fund - Direct Plan - Growth 3 3378.41 0.29 0.90 1.82 3.54 4.28
Mirae Asset Healthcare Fund - Direct Plan - Growth NA 1789.63 -7.27 -4.05 -8.63 0.36 29.64
Mirae Asset Great Consumer Fund - Direct Plan - Growth NA 1699.97 -4.63 -3.09 -8.55 13.92 16.54
Mirae Asset Banking and Financial Services Fund - Direct Plan - Growth NA 994.71 -6.62 -9.46 -13.30 1.63 0.00

Forum

+ See More