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 Low Duration Fund - Regular Plan - Quarterly IDCW
★★★★★ monitor_heart Health Score: 60/100 · AverageMirae Asset Mutual Fund · Debt · Low Duration Fund
₹1,002.04
AUM: ₹2,176 Cr
NAV updated 23 days ago
Plan
Regular
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.22%
Exit Load
Nil
Fund Manager
Mahendra Jajoo
Inception
Jan 2013
Benchmark
NIFTY Low Duration Debt Index A-I
Sharpe Ratio
-1.7
Std Dev (1Y)
2.41%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+1.24%
3m
+2.05%
6m
+1.57%
1y
+0.52%
3y
+0.43%
5y
-0.12%
10y
-0.08%
since inception
+0.2%
rate_review TopFund's Take on Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW
Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW sits in the middle of the pack for Low Duration Fund funds, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 60/100.
Cost: At 0.22%, the expense ratio is meaningfully cheaper — about 50% below the Low Duration Fund category average of 0.44% (based on 50 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 -1.7 — 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 2.41% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt 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.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW
The current NAV (Net Asset Value) of Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW is ₹1002.04. NAV is updated every business day after market close by AMFI.
1Y: 0.52% · 3Y CAGR: 0.43% · 5Y CAGR: -0.12%
The expense ratio is 0.22% per annum — the annual fee deducted from your investment to cover fund management costs.
Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW is managed by Mahendra Jajoo at Mirae Asset Mutual Fund.
Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW is a Low Duration Fund fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW is ₹2,176 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.