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NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%
MF—Regular · Growth

Mirae Asset Savings Fund - Regular - Growth

debtDebt - Ultra Short to Short Term FundBenchmark: CRISIL Low Duration Debt Index
NAV · 31 Oct 2019₹1,963.07+0.06%
AUM₹204 Cr
Expense Ratio0.82%
CAGR—
Exit LoadNil
Min SIP₹99from this fund's primary plan
Launched2008

Investment Objective

The investment objective of the scheme is to seek to generate returns with a portfolio comprising of debt and money market instruments, such that Macaulay duration of the portfolio is between 6 months - 12 months. The Scheme does not guarantee any returns.

Asset Allocation
Debt49.2%
Cash & Equivalents50.8%
Fund Managers
MK
Mahendra Kumar Jajoo
Fund Manager
Key Information
0.82%
₹99from this fund's primary plan
₹5,000
Nil
Nil
Inception05 Mar 2008
AMC—
Top Holdings As of 31 Dec 2016
1CBLOOthers48.99%
2Punjab & Sind Bank (24/01/2017) ** #Bank9.77%
3IndusInd Bank Limited (23/02/2017) ** #Bank9.72%
49.05% Dewan Housing Finance Corporation Limited (09/09/2019) **Finance4.86%
57.61% Government of India (09/05/2030)G-Sec2.60%
69.64% Power Grid Corporation of India Limited (31/05/2019) **Power2.59%
77.85% National Bank For Agriculture and Rural Development (31/05/2019) **Bank2.50%
89.11% Power Finance Corporation Limited (07/07/2017) **Finance2.48%
97.5% Power Finance Corporation Limited (16/08/2021) **Finance2.47%
108.28% Rural Electrification Corporation Limited (04/03/2017) **Finance2.46%
Sector Allocation
Others50.8%
Bank24.4%
Finance17.2%
G-Sec5.0%
Power2.6%
On This Page
NAV growthAsset allocationTop holdings
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Trailing Returns
PeriodReturns
1 Day+0.06%
Risk Metrics

Risk metrics are not available for this fund.

Fees
0.82%
Nil
Nil
₹99from this fund's primary plan
₹5,000
Capital Gains Tax, general rules

This is a debt/other (non-equity-oriented) fund. For units acquired on or after 1 April 2023, gains are taxed at your applicable income-tax slab rate regardless of holding period, the earlier long-term/indexation treatment for debt funds was removed by the Finance Act 2023.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme