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Fund Overview of Mirae Asset Low Duration Fund Direct-idcw Monthly
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₹2,085.1 CrAUM
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₹1,163.62NAV
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0.21%Expense Ratio
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DebtFund Category
Minimum amount you can invest: ₹500
Maximum amount you can invest: ₹1,00,000
We have used a return rate of 15% for our calculations.
Returns of Mirae Asset Low Duration Fund Direct-idcw Monthly
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 1.70% | NA | 1.68% |
| 6 Months | 3.26% | NA | 4.35% |
| 1 Year | 6.27% | 6.27% | 8.25% |
| 2 Years | 15.33% | 7.39% | 7.94% |
| 3 Years | 24.08% | 7.46% | 7.61% |
| 5 Years | 37.21% | 6.53% | 6.39% |
| 7 Years | 54.61% | 6.42% | NA |
| 10 Years | 89.04% | 6.57% | 7.03% |
Dividends are declared by the fund house based on the income generated from the underlying assets. While many mutual funds distribute dividends annually, the payout frequency ultimately depends on the fund house’s decision
Asset Allocation
debt instruments
97.84%other assets or cash equivalents
2.16%Mirae Asset Low Duration Fund Direct-idcw Monthly is one Debt mutual fund offered by Mirae Asset Mutual Fund. Launched on 01 Jan 2013, the fund aims Optimal returns over medium term. Investment in a portfolio of debt and money market instruments. It manages assets worth ₹2,085.1 crore as on Tue Jun 30, 2026. The expense ratio stands at 0.21%. Fund Manager Manager Education Fund Manager Manager EducationAbout Mirae Asset Low Duration Fund Direct-idcw Monthly
The portfolio allocation consists of 97.84% in debt instruments, 2.16% in other assets or cash equivalents.Managed by Kruti Chheta, it has delivered a return of 6.27% in the last year, a total return since inception of 5.71%.
The latest dividend was declared on 24 Jun 2026 at 1.32% of face value.
Considering investment horizon individuals may review best sip during the long-term financial strategy.
Key Metrics of Mirae Asset Low Duration Fund Direct-idcw Monthly
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Standard Deviation0.65%
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Mean7.30%
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Sharpe Ratio2.30%
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Sortino Ratio3.16%
Fund Details
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Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
Sundaram Low Duration Fund Direct-growth  |
₹385 | 0.62% | 1.50% | 5.87% | 7.29% | 8.08% |
| Sundaram Low Duration Fund Direct-idcw Monthly |
₹385 | 0.62% | 1.50% | 5.87% | 7.29% | 8.08% |
| UTI Low Duration Fund Direct-flexi Idcw |
₹2,460 | 0.68% | 1.61% | 6.08% | 7.25% | 7.48% |
| UTI Low Duration Fund Direct-growth |
₹2,460 | 0.68% | 1.61% | 6.08% | 7.25% | 7.48% |
| UTI Low Duration Fund Direct-idcw Daily |
₹2,460 | 0.68% | 1.61% | 6.08% | 7.25% | 7.48% |
| UTI Low Duration Fund Direct-idcw Fortnightly |
₹2,460 | 0.68% | 1.61% | 6.08% | 7.25% | 7.48% |
| UTI Low Duration Fund Direct-idcw Half Yearly |
₹2,460 | 0.68% | 1.61% | 6.08% | 7.25% | 7.48% |
| UTI Low Duration Fund Direct-idcw Monthly |
₹2,460 | 0.68% | 1.61% | 6.08% | 7.25% | 7.48% |
| UTI Low Duration Fund Direct-idcw Quarterly |
₹2,460 | 0.68% | 1.61% | 6.08% | 7.25% | 7.48% |
| UTI Low Duration Fund Direct-idcw Weekly |
₹2,460 | 0.68% | 1.61% | 6.08% | 7.25% | 7.48% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More funds from Mirae Asset Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
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Mirae Asset Low Duration Fund-bonus
|
₹2,085 | 0.62% | 1.52% | 2.90% | 5.55% | 6.78% |
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Mirae Asset Low Duration Fund Direct-bonus
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₹2,085 | 0.68% | 1.70% | 3.26% | 6.27% | 7.46% |
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Mirae Asset Low Duration Fund Regular-growth
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₹2,085 | 0.62% | 1.52% | 2.90% | 5.55% | 6.78% |
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Mirae Asset Low Duration Fund Direct-growth
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₹2,085 | 0.68% | 1.70% | 3.26% | 6.27% | 7.46% |
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Mirae Asset Low Duration Fund Regular-idcw Daily
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₹2,085 | 0.62% | 1.52% | 2.90% | 5.55% | 6.78% |
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Mirae Asset Low Duration Fund Direct-idcw Daily
|
₹2,085 | 0.68% | 1.70% | 3.26% | 6.27% | 7.46% |
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Mirae Asset Low Duration Fund-idcw Monthly
|
₹2,085 | 0.62% | 1.52% | 2.90% | 5.55% | 6.78% |
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Mirae Asset Low Duration Fund-idcw Quarterly
|
₹2,085 | 0.62% | 1.52% | 2.90% | 5.55% | 6.78% |
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Mirae Asset Low Duration Fund Direct-idcw Quarterly
|
₹2,085 | 0.68% | 1.70% | 3.26% | 6.27% | 7.46% |
growth is based on 1-month returns of the fundsMutual Fund Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| ICICI Prudential Savings Fund-growth |
₹22,339 | ₹580.38 | 7.41% | 6.56% | 7.04% |
| ICICI Prudential Savings Fund Direct Plan-growth |
₹22,339 | ₹589.12 | 7.54% | 6.68% | 7.17% |
| ICICI Prudential Savings Fund-idcw Daily |
₹22,339 | ₹105.64 | 7.41% | 6.56% | 7.04% |
| ICICI Prudential Savings Fund Direct Plan-idcw Daily |
₹22,339 | ₹105.65 | 7.54% | 6.68% | 7.17% |
| ICICI Prudential Savings Fund Direct Plan-idcw Fortnightly |
₹22,339 | ₹101.73 | 7.54% | 6.68% | 7.17% |
| ICICI Prudential Savings Fund-idcw Fortnightly |
₹22,339 | ₹101.73 | 7.41% | 6.56% | 7.04% |
| ICICI Prudential Savings Fund-idcw Monthly |
₹22,339 | ₹101.71 | 7.41% | 6.56% | 7.04% |
| ICICI Prudential Savings Fund Direct Plan-idcw Monthly |
₹22,339 | ₹101.71 | 7.54% | 6.68% | 7.17% |
| ICICI Prudential Savings Fund Direct Plan-idcw Others |
₹22,339 | ₹197.67 | 7.54% | 6.68% | 7.17% |
| ICICI Prudential Savings Fund-d Others |
₹22,339 | ₹194.53 | 7.41% | 6.56% | 7.04% |
Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Bajaj Housing Finance Limited 7.9237 Ncd 16mr26 Fvrs10lac | Financial | 4.88% | ₹130.60 Cr |
| Bajaj Housing Finance Limited 7.9237 Ncd 16mr26 Fvrs10lac | Financial | 4.88% | ₹130.60 Cr |
| Bajaj Housing Finance Limited 7.9237 Ncd 16mr26 Fvrs10lac | Financial | 4.59% | ₹130.53 Cr |
| Repo | Unspecified | 4.79% | ₹128.19 Cr |
| Repo | Unspecified | 4.79% | ₹128.19 Cr |
| Government Of India 36540 182 Days Tbill 26mr26 Fv Rs 100 | Financial | 4.57% | ₹122.33 Cr |
| Government Of India 36540 182 Days Tbill 26mr26 Fv Rs 100 | Financial | 4.57% | ₹122.33 Cr |
| Export Import Bank Of India Cd 01mar27 | Financial | 4.30% | ₹116.98 Cr |
| Bajaj Housing Finance Limited 7.9237 Ncd 16mr26 Fvrs10lac | Financial | 4.96% | ₹110.62 Cr |
| Bajaj Housing Finance Limited 7.9237 Ncd 16mr26 Fvrs10lac | Financial | 4.96% | ₹110.62 Cr |
| Repo | Unspecified | 5.20% | ₹108.37 Cr |
| Repo | Unspecified | 5.20% | ₹108.37 Cr |
| Repo | Unspecified | 5.20% | ₹108.37 Cr |
| Repo | Unspecified | 5.20% | ₹108.37 Cr |
| Repo | Unspecified | 4.02% | ₹107.68 Cr |
| Power Finance Corporation Ltd Sr-158 Bonds 7.18 20/01/2027 | Financial | 4.32% | ₹100.00 Cr |
| Government Of India 35754 364 Days Tbill 26mr26 Fv Rs 100 | Financial | 3.67% | ₹99.69 Cr |
| Government Of India 36540 182 Days Tbill 26mr26 Fv Rs 100 | Financial | 3.67% | ₹99.69 Cr |
| Canara Bank Cd 04mar26 | Financial | 3.71% | ₹99.44 Cr |
| Government Of India 35754 364 Days Tbill 26mr26 Fv Rs 100 | Financial | 3.71% | ₹99.24 Cr |
Top Debt Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| Sundaram Low Duration Fund Direct-growth |
₹3,948.09 | 7.29% | 8.08% | - |
| Sundaram Low Duration Fund Direct-idcw Monthly |
₹1,123.47 | 7.29% | 8.08% | - |
| UTI Low Duration Fund Direct-flexi Idcw |
₹1,631.69 | 7.25% | 7.48% | - |
| UTI Low Duration Fund Direct-growth |
₹3,843.59 | 7.25% | 7.48% | - |
| UTI Low Duration Fund Direct-idcw Daily |
₹1,467.46 | 7.25% | 7.48% | - |
| UTI Low Duration Fund Direct-idcw Fortnightly |
₹1,337.65 | 7.25% | 7.48% | - |
| UTI Low Duration Fund Direct-idcw Half Yearly |
₹1,487.16 | 7.25% | 7.48% | - |
| UTI Low Duration Fund Direct-idcw Monthly |
₹1,500.65 | 7.25% | 7.48% | - |
| UTI Low Duration Fund Direct-idcw Quarterly |
₹2,060.82 | 7.25% | 7.48% | - |
| UTI Low Duration Fund Direct-idcw Weekly |
₹1,021.08 | 7.25% | 7.48% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
Mirae Asset Low Duration Fund Direct-idcw Monthly
What is the current AUM of Mirae Asset Low Duration Fund Direct-idcw Monthly?
As of Tue Jun 30, 2026, Mirae Asset Low Duration Fund Direct-idcw Monthly manages assets worth ₹2,085.1 crore
How has Mirae Asset Low Duration Fund Direct-idcw Monthly performed recently?
- 3 Months: 1.70%
- 6 Months: 3.26%
What is the long-term performance of Mirae Asset Low Duration Fund Direct-idcw Monthly?
- 3 Years CAGR: 7.46%
- 5 Years CAGR: 6.53%
- Since Inception: 5.71%
What is the portfolio composition of Mirae Asset Low Duration Fund Direct-idcw Monthly?
Debt: 97.84%, Others: 2.16%.
Who manages Mirae Asset Low Duration Fund Direct-idcw Monthly?
Mirae Asset Low Duration Fund Direct-idcw Monthly is managed by Kruti Chheta from Mirae Asset Mutual Fund.
When was the last dividend declared by Mirae Asset Low Duration Fund Direct-idcw Monthly?
Latest dividend was declared on 24 Jun 2026 at 1.32% of face value.
Which are the top companies Mirae Asset Low Duration Fund Direct-idcw Monthly has invested in?
- BAJAJ HOUSING FINANCE LIMITED 7.9237 NCD 16MR26 FVRS10LAC – 4.88% of the fund's portfolio
- BAJAJ HOUSING FINANCE LIMITED 7.9237 NCD 16MR26 FVRS10LAC – 4.88% of the fund's portfolio
- BAJAJ HOUSING FINANCE LIMITED 7.9237 NCD 16MR26 FVRS10LAC – 4.59% of the fund's portfolio
- Repo – 4.79% of the fund's portfolio
- Repo – 4.79% of the fund's portfolio
Which are the major sectors Mirae Asset Low Duration Fund Direct-idcw Monthly focuses on?
- Financial – 56.79% of the fund's portfolio
- Unspecified – 34.39% of the fund's portfolio
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