Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Mirae Asset Long Duration Fund - Regular Plan - Growth
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 65/100 · Good
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)—
- Expense ratio (20%)0.2%
- AUM (15%)₹22 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Mirae Asset Mutual Fund · Income/Debt Oriented · Long Term Fund
₹10.44
AUM: ₹22 Cr
NAV updated 28 days ago
Plan
Regular
Option
Growth
Risk
Moderate
Expense Ratio
0.2%
Exit Load
Nil
Fund Manager
Kruti Chheta
Inception
Dec 2024
Benchmark
CRISIL Long Duration Debt A-III Index
Sharpe Ratio
-0.88
Std Dev (1Y)
4.58%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-0.48%
3m
+2.41%
6m
+0.94%
1y
+3.12%
3y
—
5y
—
10y
—
since inception
+2.42%
TopFund's Take on Mirae Asset Long Duration Fund - Regular Plan - Growth
Mirae Asset Long Duration Fund - Regular Plan - Growth holds up reasonably well within the Long Term Fund category, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 65/100.
Cost: At 0.2%, the expense ratio is meaningfully cheaper — about 39% below the Long Term Fund category average of 0.33% (based on 24 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.88 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 4.58% is on the lower side for a Long Term Fund fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Income/Debt Oriented fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
Tools & Guides for This Fund
Frequently Asked Questions about Mirae Asset Long Duration Fund - Regular Plan - Growth
The current NAV (Net Asset Value) of Mirae Asset Long Duration Fund - Regular Plan - Growth is ₹10.44. NAV is updated every business day after market close by AMFI.
1Y: 3.12%
The expense ratio of Mirae Asset Long Duration Fund - Regular Plan - Growth is 0.2% per annum. This is the annual fee charged by the fund to manage your investment.
Mirae Asset Long Duration Fund - Regular Plan - Growth is managed by Kruti Chheta at Mirae Asset Mutual Fund.
Mirae Asset Long Duration Fund - Regular Plan - Growth is classified as a Moderate risk fund. It is suitable for investors with a moderate risk appetite.
Mirae Asset Long Duration Fund - Regular Plan - Growth is a Long Term Fund fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Mirae Asset Long Duration Fund - Regular Plan - Growth with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Mirae Asset Long Duration Fund - Regular Plan - Growth is ₹22 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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