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Mirae Asset Savings Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : Low Duration Fund
  • NAV
    : ₹ 1933.3914 0.02%
    (as on 18th October, 2021)
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Crisil Rank
Relatively weak performance among peers
Risk-O-Meter
Moderate

Fund has 78.56% investment in Debt of which 5.26% in Government securities, 73.3% 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.

Crisil Rank Change : Fund Crisil rank was updated from 2 to 1 in the previous quarter.

This Scheme
VS
  • CRISIL 10 Year Gilt Index
  • NA
  • NA
  • Gold
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Returns (NAV as on 18th October, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 11-Oct-21 10007.70 0.08% - 0.16% 18/26
1 Month 17-Sep-21 10019.80 0.20% - 6.69% 20/26
3 Month 16-Jul-21 10095.00 0.95% - 7.52% 17/26
6 Month 16-Apr-21 10209.10 2.09% - 8.68% 19/26
YTD 01-Jan-21 10302.80 3.03% - 9.80% 22/26
1 Year 16-Oct-20 10408.20 4.08% 4.06% 11.00% 20/26
2 Year 18-Oct-19 11147.80 11.48% 5.58% 7.05% 21/26
3 Year 17-Oct-18 11999.40 19.99% 6.25% 5.33% 15/25
5 Year 18-Oct-16 13657.30 36.57% 6.43% 6.01% 16/24
Since Inception 02-Jan-13 18502.30 85.02% 7.24% 7.38% 18/25

SIP Returns (NAV as on 18th October, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 16-Oct-20 12000 12258.67 2.16 % 4.01 %
2 Year 18-Oct-19 24000 25264.4 5.27 % 5.01 %
3 Year 17-Oct-18 36000 39147.12 8.74 % 5.51 %
5 Year 18-Oct-16 60000 69920.91 16.53 % 6.05 %
 

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 Sep,2021)

No of Debt Holding 54 (Category Avg - 61.65) | Modified Duration 0.69 Years (Category Avg - 1.20)| Yield to Maturity 3.91% (Category Avg - 4.43%)

Type of Holdings

Security Type
% Weight
Category Average
GOI 4.77% 16.02%
CD 8.47% 6.78%
T-Bills 0.49% 7.73%
NCD & Bonds 47.12% 47.24%
CP 17.71% 11.34%
PTC 0.00% 0.38%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 5.26% 23.75%
Low Risk 73.30% 62.95%
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 18.05%
Net Receivables Net Receivables 3.39%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 01st January, 1970)

    No data available. Ratios are only available for the funds which are 3 years old.

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Tata Treasury Advantage Fund - Direct Plan - Growth (Segregated Portfolio 1) NA 28.35 150.08 150.08 150.07 148.82 0.00
Franklin India Low Duration Fund - Direct - Growth 1 96.86 4.90 7.13 8.41 16.45 7.17
Sundaram Low Duration Fund - Direct Plan - Growth 2 531.07 8.77 9.54 10.67 12.68 5.97
UTI Treasury Advantage Fund - Direct Plan - Growth 3 3637.11 5.11 6.11 7.35 9.33 4.38
Baroda Treasury Advantage Fund - Plan B (Direct) - Growth 1 29.73 0.07 0.82 1.74 7.05 -8.70
Nippon India Low Duration Fund - Direct Plan - Growth 4 8298.00 0.32 1.18 2.65 5.32 7.12
ICICI Prudential Savings Fund - Direct Plan - Growth 4 28496.09 0.36 1.53 3.03 5.20 7.68
HDFC Low Duration Fund - Direct Plan - Growth 4 22082.38 0.31 1.26 2.68 5.20 7.66
Kotak Low Duration Fund - Direct Plan - Growth 3 10205.28 0.30 1.31 2.64 4.83 7.82
Aditya Birla Sun Life Low Duration Fund - Direct Plan - Growth 4 17539.07 0.30 1.15 2.55 4.81 7.79

More Funds from Mirae Asset Mutual Fund

Out of 25 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 1 is/are ranked 4 * , 4 is/are ranked 3 * , 2 is/are ranked 2 * , 1 is/are ranked 1 * , and 16 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 30456.47 5.28 15.89 30.05 59.31 23.53
Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth 5 21263.17 5.55 15.50 33.44 76.81 31.33
Mirae Asset Tax Saver Fund - Direct Plan - Growth 4 9831.97 5.43 15.14 31.73 71.65 29.79
Mirae Asset Focused Fund - Direct Plan - Growth NA 7681.59 6.39 17.42 35.01 72.42 0.00
Mirae Asset Midcap Fund - Direct Plan - Growth NA 6484.67 5.42 13.53 35.10 92.64 0.00
Mirae Asset Hybrid - Equity - Direct Plan - Growth 3 6109.36 3.41 10.73 23.37 47.93 21.37
Mirae Asset Cash Management Fund - Direct Plan - Growth 3 3839.57 0.27 0.83 1.68 3.35 5.05
Mirae Asset Healthcare Fund - Direct Plan - Growth NA 1884.57 -0.66 2.49 18.89 37.52 33.48
Mirae Asset Great Consumer Fund - Direct Plan - Growth NA 1552.18 4.46 15.25 29.45 64.98 24.30
Mirae Asset Savings Fund - Direct Plan - Growth 1 986.81 0.20 0.95 2.09 4.06 6.25

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