Sharpe ratio
0.34Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+4.22%1Y Absolute Return
-0.11%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Mirae Asset Short Duration Fund - Direct Plan - GrowthFund 5Y annualised return | ₹8,55,076 | ₹7,32,612 | ₹1,22,464 | +6.41% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.07
₹1 Lakh since launch₹1.07 Lakh
Fund age8.7 yrs
Fund information
Scheme code142641
ISININF769K01DX6
BenchmarkCRISIL Short Duration Debt A-II Index
CategoryDebt Scheme - Short Duration Fund
Expense ratio0.26%
Exit loadNil
Minimum SIP₹99 SIP
Return comparison
50th / 172 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +8.10% | — | — |
| 3M | +0.58% | — | — |
| 6M | +5.94% | — | — |
| 1Y | +4.22% | — | +2.20% |
| 3Y | +7.20% | — | +4.12% |
| 5Y | +6.41% | — | +3.81% |
| Since Launch | +6.90% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.64Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
1.35%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
3.14How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Debt96.70%
Cash3.30%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
10 of 47 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100 | Entities | GOI Securities | 8.5615% |
| REC LIMITED SR 248A 6.52 BD 31JN28 FVRS1LAC | Financial | Debenture | 6.3896% |
| BAJAJ FINANCE LIMITED 8% NCD 12MY31 FVRS1LAC | Financial | Bonds | 4.6521% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25E 7.53 BD 24MR28 FVRS1LAC | Financial | Bonds | 4.6268% |
| TORRENT PHARMACEUTICALS LTD SR 2 7.60 NCD 19JN29 FVRS1LAC | Healthcare | Non Convertible Debenture | 4.5946% |
| LARSEN AND TOUBRO LIMITED 6.35 NCD 19JU28 FVRS1LAC | Industrials | Debenture | 4.552% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC | Financial | Bonds | 4.4412% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VIII 7.68 BD 09JL27 FVRS1LAC | Financial | Debenture | 4.4377% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II 6.74 BD 10JN29 FVRS1LAC | Financial | Debenture | 4.3737% |
| Repo | Unspecified | Repo | 3.8675% |
Fund management
BA
Basant Bafna
Since 2023 · Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India
Mr. Bafna has done B.Com, MBA, CS, CA, FRM and CFA
Compare similar funds
No comparable category funds are available yet.
Summary
A moderate-risk debt scheme - short duration fund. Losses and swings stayed contained — worst fall -2.2%, volatility 1.4%. Financial makes up 60% — trouble in that sector hits the whole fund.
Strengths
- Losses and swings stayed contained — worst fall -2.2%, volatility 1.4%.
- Recovered from its worst fall in 0 months.
Weaknesses
- None
Ideal investor
- Needs a 1–3 years depending on duration horizon to ride out its moderate risk level.
Risk drivers
- Financial makes up 60% — trouble in that sector hits the whole fund.