you are here:

Mirae Asset Short Term Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : Short Duration Fund
  • NAV
    : ₹ 12.6103 0.06%
    (as on 25th November, 2020)
Crisil Rank
Below average performance among peers
Risk-O-Meter
Moderately Low

Fund has 82.43% investment in Debt of which 14.32% in Government securities, 68.11% 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 25th November, 2020)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 18-Nov-20 10026.40 0.26% - 0.28% 19/26
1 Month 23-Oct-20 10079.60 0.80% - 0.86% 18/26
3 Month 25-Aug-20 10229.60 2.30% - 2.46% 18/26
6 Month 22-May-20 10427.90 4.28% - 5.45% 21/26
YTD 01-Jan-20 10898.50 8.98% - 8.61% 20/26
1 Year 25-Nov-19 10950.60 9.51% 9.48% 8.86% 19/26
2 Year 22-Nov-18 12159.90 21.60% 10.21% 7.85% 13/25
Since Inception 16-Mar-18 12610.30 26.10% 8.97% 8.47% 11/26

SIP Returns (NAV as on 25th November, 2020)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 25-Nov-19 12000 12633.5 5.28 % 9.88 %
2 Year 22-Nov-18 24000 26525.17 10.52 % 9.9 %
 

Tax Treatment

Portfolio (Updated on 31st Oct,2020)

No of Debt Holding 56 (Category Avg - 73.69) | Modified Duration 1.97 Years (Category Avg - 2.35)| Yield to Maturity 4.59% (Category Avg - 5.22%)

Type of Holdings

Security Type
% Weight
Category Average
GOI 14.32% 25.62%
CD 0.00% 1.60%
T-Bills 0.00% 1.80%
CP 0.00% 1.84%
NCD & Bonds 68.11% 57.36%
PTC 0.00% 0.57%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 14.32% 27.42%
Low Risk 68.11% 58.31%
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 15.10%
Net Receivables Net Receivables 2.47%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th October, 2020)

  • Standard Deviation

    Low volatility
    1.97vs4.71
    Category Avg
  • Beta

    High volatility
    1.07vs0.82
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    2.2vs1.29
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.04vs0.4
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    -0.74vs-1.97
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
ICICI Prudential Short Term Fund - Direct Fund - Growth 2 20927.11 0.87 2.96 5.93 11.43 9.33
HDFC Short Term Debt Fund - Direct Plan - Growth 2 15461.88 0.84 2.91 6.05 11.23 9.29
Aditya Birla Sun Life Short Term Fund - Direct Plan - Growth 4 8135.39 0.85 3.74 7.58 11.17 9.23
BNP Paribas Short Term Fund - Direct Plan - Growth 5 352.44 0.86 3.16 5.70 10.96 8.65
Axis Short Term Fund - Direct Plan - Growth 3 12288.32 0.80 2.58 5.43 10.88 9.32
Kotak Bond Short Term Plan - Direct Plan - Growth 3 17050.35 0.81 2.88 5.61 10.78 9.36
UTI Short Term Income Fund - Direct Plan - Growth 4 2671.89 0.75 2.60 5.20 10.73 4.36
Principal Short Term Debt Fund - Direct Plan - Growth 5 134.08 0.85 2.45 11.47 10.66 5.26
Tata Short Term Bond Fund - Direct Plan - Growth 3 3333.27 0.79 2.55 5.31 10.63 6.92
IDBI Short Term Bond Fund - Direct Plan - Growth 2 20.90 0.93 2.30 5.95 10.51 6.19

More Funds from Mirae Asset Mutual Fund

Out of 19 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 4 is/are ranked 4 * , 1 is/are ranked 2 * , 1 is/are ranked 1 * , and 11 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 4 18999.07 6.33 9.21 42.98 7.29 7.52
Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth 5 11928.63 7.79 11.17 46.75 16.13 9.54
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 4462.58 7.71 12.71 50.91 15.31 10.50
Mirae Asset Hybrid - Equity - Direct Plan - Growth 4 3824.02 5.72 8.31 31.57 9.63 8.77
Mirae Asset Focused Fund - Direct Plan - Growth NA 3701.26 6.91 11.25 51.39 15.38 0.00
Mirae Asset Cash Management Fund - Direct Plan - Growth 4 3153.00 0.28 0.85 1.73 4.49 6.23
Mirae Asset Midcap Fund - Direct Plan - Growth NA 2561.39 8.35 11.48 50.60 17.66 0.00
Mirae Asset Healthcare Fund - Direct Plan - Growth NA 1036.48 0.69 4.74 29.14 62.86 0.00
Mirae Asset Great Consumer Fund - Direct Plan - Growth NA 986.98 6.47 6.20 34.43 4.43 7.18
Mirae Asset Savings Fund - Direct Plan - Growth 1 844.88 0.56 1.62 4.04 6.98 7.04

Forum

+ See More