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Mirae Asset Short Term Fund - Regular Plan - Growth

  • Regular
  • Direct
Category : Short Duration Fund
  • NAV
    : ₹ 12.3638 0.1%
    (as on 04th December, 2020)
Crisil Rank
Below average performance among peers
Risk-O-Meter
Moderately Low
(Min ₹1000 for SIP, ₹5000 for one time investment)

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
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Returns (NAV as on 04th December, 2020)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 27-Nov-20 10004.20 0.04% - 0.06% 14/26
1 Month 04-Nov-20 10072.40 0.72% - 0.78% 16/26
3 Month 04-Sep-20 10161.70 1.62% - 1.97% 20/26
6 Month 04-Jun-20 10384.50 3.85% - 5.10% 22/26
YTD 01-Jan-20 10827.60 8.28% - 8.03% 19/26
1 Year 04-Dec-19 10851.30 8.51% 8.49% 7.97% 19/26
2 Year 04-Dec-18 11933.10 19.33% 9.23% 6.98% 13/25
Since Inception 16-Mar-18 12363.80 23.64% 8.10% 7.58% 7/26

SIP Returns (NAV as on 04th December, 2020)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 04-Dec-19 12000 12542.2 4.52 % 8.46 %
2 Year 04-Dec-18 24000 26241.64 9.34 % 8.82 %
 

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 27th November, 2020)

  • Standard Deviation

    Low volatility
    1.94vs4.71
    Category Avg
  • Beta

    High volatility
    1.05vs0.79
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    2.29vs1.39
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.04vs0.36
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    -0.81vs-1.85
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
HDFC Short Term Debt Fund - Growth 2 15461.88 0.83 2.15 5.83 10.65 9.06
ICICI Prudential Short Term Fund - Growth 2 20927.11 0.81 2.12 5.57 10.44 8.49
Aditya Birla Sun Life Short Term Fund - Regular Plan - Growth 4 8135.39 0.76 2.59 7.26 10.21 8.48
Principal Short Term Debt Fund - Growth 5 134.08 0.85 1.84 11.32 10.06 4.62
BNP Paribas Short Term Fund - Growth 5 352.44 0.81 2.22 5.31 10.02 7.83
UTI Short Term Income Fund - Institutional - Growth 4 2671.89 0.68 1.83 4.83 10.02 3.87
Axis Short Term Fund - Growth 3 12288.32 0.64 1.91 5.02 9.90 8.59
Kotak Bond Short Term Plan - Growth 3 17050.35 0.72 2.04 5.03 9.71 8.46
IDBI Short Term Bond Fund - Growth 2 20.90 0.90 1.81 5.51 9.54 5.30
SBI Short Term Debt Fund - Growth 3 19096.92 0.76 2.12 4.54 9.45 8.28

More Funds from Mirae Asset Mutual Fund

Out of 21 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 5 is/are ranked 4 * , 1 is/are ranked 2 * , 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 - Regular - Growth 4 18999.07 9.71 11.13 30.49 8.99 8.05
Mirae Asset Emerging Bluechip Fund - Growth 5 11928.63 10.82 14.22 37.14 18.70 10.05
Mirae Asset Tax Saver Fund - Regular Plan - Growth 4 4462.58 10.65 14.72 37.94 16.96 10.56
Mirae Asset Hybrid - Equity - Growth 4 3824.02 8.36 9.59 23.13 10.34 8.44
Mirae Asset Focused Fund - Growth NA 3701.26 10.41 13.59 39.07 17.12 0.00
Mirae Asset Cash Management Fund - Growth 4 3153.00 0.25 0.80 1.66 4.32 6.11
Mirae Asset Midcap Fund - Regular Plan - Growth NA 2561.39 13.75 16.79 44.11 22.23 0.00
Mirae Asset Healthcare Fund - Growth NA 1036.48 6.03 9.47 31.71 66.34 0.00
Mirae Asset Great Consumer Fund - Growth NA 986.98 9.68 8.47 26.67 6.82 7.13
Mirae Asset Savings Fund - Regular Savings - Growth 1 844.88 0.43 1.24 3.55 6.23 6.32

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