Mirae Asset Corporate Bond Fund Regular Growth

Mirae Asset Corporate Bond Fund Regular Growth is a scheme launched by Mirae Asset Mutual Fund on March 17, 2021, and falls under the Corporate Bond fund category. It currently manages an AUM of Rs 44.12 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 0.63% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is to provide income and capital appreciation by investing predominantly in AA+ and above rated corporate bonds.

• Performance:

  Mirae Asset Corporate Bond Fund Regular Growth trailing returns over different times are 7.95% (1 year), 7.06% (3 year) and 0% (5 year). The average annual return of this fund stands at 5.57%.