Mirae Asset Short Duration Fund- Regular Plan -Growth

Mirae Asset Short Duration Fund- Regular Plan -Growth is a scheme launched by Mirae Asset Mutual Fund on March 16, 2018, and falls under the Short Duration fund category. It currently manages an AUM of Rs 937.6 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 1.12% for managing the portfolio.

• Investing Strategy:

  to generate returns through an actively managed diversified portfolio of debt and money market instruments with Macaulay duration of the portfolio between 1 year to 3 years.

• Performance:

  Mirae Asset Short Duration Fund- Regular Plan -Growth trailing returns over different times are 7.78% (1 year), 7.03% (3 year) and 5.59% (5 year). The average annual return of this fund stands at 5.79%.