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Fincash » Mutual Funds » Mirae Asset Savings Fund

Mirae Asset Savings Fund - G

NAV  ₹1,816.84 ↑ 0.05  (0.00 %) as on 20 Oct 21

Scheme Objective

The investment objective of the scheme is 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.

Mirae Asset Savings Fund is a Debt - Low Duration fund launched on 5 Mar 08. It is a fund with Moderately Low risk and has given a CAGR return of 4.5% since its launch.  Ranked 84 in Low Duration category.  Return for 2020 was 6.7% , 2019 was 5.8% and 2018 was 6.6% .

Below is the key information for Mirae Asset Savings Fund

NAV as on 20 Oct 21₹1,816.84 ↑ 0.05  (0.00 %)
Net Assets (AUM) as on 30 Sep 2021 ₹987 Cr.
Launch Date5 Mar 2008
CategoryDebt - Low Duration
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity4.04%
Effective Maturity7 Months 11 Days
Modified Duration6 Months 25 Days
Alpha Ratio0.0
Expense Ratio0.5 %
Sharpe Ratio0.243
Information Ratio0.0
BenchmarkNot Available
ISININF769K01937
AMCMirae Asset Global Inv (India) Pvt. Ltd
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 20 Oct 21

DurationReturns
1 Month 0.1%
3 Month 0.7%
6 Month 1.7%
1 Year 3.3%
3 Year 5.6%
5 Year 5.7%
10 Year
15 Year
Since launch 4.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2020 6.7%
2019 5.8%
2018 6.6%
2017 5.8%
2016 6.9%
2015 7%
2014 8%
2013 8%
2012

Growth of 10k Over Years

DateValue
30 Sep 16₹10,000
30 Sep 17₹10,643
30 Sep 18₹11,222
30 Sep 19₹11,991
30 Sep 20₹12,776
30 Sep 21₹13,246
Mirae Asset Savings Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash48.2%
Debt51.8%
Mirae Asset Savings Fund Asset Allocation

Sector Allocation

SectorValue
Corporate36.01%
Cash Equivalent34.77%
Government29.22%
RatingValue
AA8.25%
AAA91.75%
Mirae Asset Savings Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Manappuram Finance Limited
Debentures | -
5%₹56 Cr5,500,000
Hindustan Petroleum Corporation Limited
Debentures | -
4%₹41 Cr4,000,000
8.60% Tamil Nadu SDL 2023
Sovereign Bonds | -
2%₹27 Cr2,500,000
Power Finance Corporation Limited
Debentures | -
2%₹26 Cr2,500,000
↑ 2,500,000
NTPC Limited
Debentures | -
2%₹26 Cr2,500,000
National Highways Authority of India
Debentures | -
2%₹25 Cr2,500,000
Housing Development Finance Corporation Limited
Debentures | -
2%₹25 Cr2,500,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹25 Cr2,500,000
Housing Development Finance Corporation Limited
Debentures | -
2%₹25 Cr2,500,000
Power Grid Corporation of India Limited
Debentures | -
2%₹21 Cr2,000,000
1 - 10 of 68
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Fund Managers

NameSinceTenure
Mahendra Jajoo8 Sep 164.98 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Private Limited
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Mirae Asset Investment Managers (India) Private LimitedIndia

Auditors

CompanyAddress
M/s. Chokshi & Chokshi101/102, Kshamalaya 1st Floor,,37, Sir V. Thackersey Marg,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Mirae Asset Savings Fund
Growth
₹1,816.84
↑ 0.05
1.7 %3.3 %5.57 %5.72 %
Mirae Asset Savings Fund
Weekly Dividend, Reinvestment
₹1,106.63
↓ -0.31
1.67 %3.28 %4.61 %4.48 %
Mirae Asset Savings Fund
Quarterly Dividend, Reinvestment
₹1,004.61
↓ -14.96
3.19 %4.82 %4.47 %4.35 %
Mirae Asset Savings Fund
Quarterly Dividend, Payout
₹1,004.61
↓ -14.96
3.19 %4.82 %4.47 %4.35 %
Mirae Asset Savings Fund
Monthly Dividend, Reinvestment
₹1,088.8
↑ 0.03
1.7 %3.31 %4.41 %4.3 %
Mirae Asset Savings Fund
Monthly Dividend, Payout
₹1,088.8
↑ 0.03
1.7 %3.31 %4.41 %4.3 %
Mirae Asset Savings Fund
Daily Dividend, Reinvestment
₹1,005.16
1.7 %3.3 %4.53 %4.4 %
Data as on 20 Oct 21

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.