Sharpe ratio
0.81Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+6.08%1Y Absolute Return
-0.01%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 Low Duration Fund - Direct Plan - GrowthFund 5Y annualised return | ₹8,61,019 | ₹7,32,612 | ₹1,28,407 | +6.69% |
| 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 age13.9 yrs
Fund information
Scheme code118840
ISININF769K01BO9
BenchmarkNIFTY Low Duration Debt Index A-I
CategoryDebt Scheme - Low Duration Fund
Expense ratio0.21%
Exit loadNil
Minimum SIP₹99 SIP
Return comparison
12th / 226 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +5.74% | — | — |
| 3M | +4.76% | — | — |
| 6M | +6.95% | — | — |
| 1Y | +6.08% | — | +2.45% |
| 3Y | +7.38% | — | +3.20% |
| 5Y | +6.69% | — | +3.00% |
| 10Y | +6.54% | — | — |
| Since Launch | +7.02% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
1.34Return earned while limiting downside risk.
Good
Good downside protection with strong returns.
Standard deviation
0.67%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
5.16How 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%
Debt97.84%
Cash2.16%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
10 of 77 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Repo | Unspecified | Repo | 5.1974% |
| ICICI BANK LIMITED CD 25MAR27 | Financial | Certificate of Deposit | 3.8843% |
| KNOWLEDGE REALTY TRUST 7.5378 NCD 08MY29 FVRS1LAC | Real Estate | Non Convertible Debenture | 3.7566% |
| GOVERNMENT OF INDIA 36371 364 DAYS TBILL 28AG26 FV RS 100 | Financial | Treasury Bills | 3.5673% |
| HDFC BANK LIMITED CD 12MAR27 | Financial | Certificate of Deposit | 3.3875% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 14JAN27 | Financial | Certificate of Deposit | 3.2367% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VI 7.79 BD 14MY27 FVRS1LAC | Financial | Debenture | 2.4075% |
| REC LIMITED SR 232 A 7.59 BD 31MY27 FVRS1LAC | Financial | Debenture | 2.4056% |
| MINDSPACE BUSINESS PARKS REIT SR NCD16 6.9601 NCD 08DC28 FVRS1LAC | Real Estate | Debenture | 2.3838% |
| GOVERNMENT OF INDIA 36790 364 DAYS TBILL 03DC26 FV RS 100 | Financial | Treasury Bills | 2.3441% |
Fund management
BA
Basant Bafna
Since 2024 · 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 low to moderate-risk debt scheme - low duration fund. Losses and swings stayed contained — worst fall -1.4%, volatility 0.7%. Financial makes up 81% — trouble in that sector hits the whole fund.
Strengths
- Losses and swings stayed contained — worst fall -1.4%, volatility 0.7%.
- Recovered from its worst fall in 0 months.
- Ranks 12 of 226 in its category over 1 year.
Weaknesses
- None
Ideal investor
- Needs a 1–3 years depending on duration horizon to ride out its low to moderate risk level.
Risk drivers
- Financial makes up 81% — trouble in that sector hits the whole fund.