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MF—Regular · IDCW

Mirae Asset Savings Fund - Regular - Monthly Dividend

debtDebt - Ultra Short to Short Term FundBenchmark: CRISIL Liquid Debt Index
NAV · 16 Nov 2017₹1,662.25-0.02%
AUM₹2.4k Crfrom this fund's primary plan
Expense Ratio1.10%
CAGR—
Exit LoadNil
Min SIP₹99from this fund's primary plan
Launched2008

Investment Objective

to seek to generate returns with low volatility and higher liquidity through a portfolio of debt and money market instruments. The Scheme does not guarantee any returns

Fund Mandate

Debt Instruments with residual maturity and repricing tenor exceeding 1Y0%–50%
MMI & debt instruments with residual maturity and repricing tenor not exceeding 1Y50%–100%
Asset Allocation
Debt93.1%
Cash & Equivalents6.6%
Other0.3%
Fund Managers
MK
Mahendra Kumar Jajoo
Fund Manager
Key Information
1.10%
₹99from this fund's primary plan
₹5,000
Nil
Nil
Inception05 Mar 2008
AMC—
Top Holdings
1TREPSMiscellaneous4.77%
2Small Industries Development Bank of India (MD 11/06/2027)**#Bank3.85%
37.48% National Bank for Agriculture and Rural Development (MD 15/09/2028)Bank3.69%
47.54% Knowledge Realty Trust (MD 08/05/2029)**Business Services3.19%
57.59% REC Ltd. (MD 31/05/2027)**Finance3.08%
67.64% REC Ltd. (MD 30/04/2027)Finance2.88%
77.60% Poonawalla Fincorp Ltd. (MD 28/05/2027)**Finance2.87%
87.85% Power Finance Corporation Ltd. (MD 03/04/2028)**Finance2.07%
97.75% Power Finance Corporation Ltd. (MD 22/03/2027)**Finance2.06%
10364 Days Treasury Bills (MD 03/12/2026)G-Sec2.03%
Sector Allocation
Finance38.5%
Bank37.9%
G-Sec7.5%
Miscellaneous4.8%
Business Services3.2%
Others2.5%
Automobile & Ancillaries2.0%
Healthcare1.0%
Infrastructure1.0%
Power1.0%
Chemicals0.6%
On This Page
NAV growthAsset allocationTop holdings
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Trailing Returns
PeriodReturns
1 Day-0.02%
Risk Metrics

Risk metrics are not available for this fund.

Fees
1.10%
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