Table of Contents 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 Below is the key information for Mirae Asset Savings Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis Mirae Asset Savings Fund - G
Scheme Objective
CAGR
return of 4.7% since its launch. Ranked 84 in Low Duration
category. Return for 2023 was 6.6% , 2022 was 4% and 2021 was 3.1% . NAV as on 26 Jul 24 ₹2,110.18 ↑ 0.66 (0.03 %) Net Assets (AUM) as on 30 Jun 2024 ₹1,071 Cr. Launch Date 5 Mar 2008 Category Debt - Low Duration Rating ☆ Type Open Ended Fund Risk Moderately Low Yield To Maturity 7.64% Effective Maturity 11 Months 28 Days Modified Duration 10 Months 17 Days Alpha Ratio 0.0 Expense Ratio 0.75 % Sharpe Ratio -0.649 Information Ratio 0.0 Benchmark Not Available ISIN INF769K01937 AMC Mirae Asset Global Inv (India) Pvt. Ltd Min Investment ₹5,000 Min SIP Investment ₹1,000 Exit Load NIL NAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 26 Jul 24 Duration Returns 1 Month 0.7% 3 Month 1.9% 6 Month 3.7% 1 Year 7% 3 Year 5.4% 5 Year 5.4% 10 Year 15 Year Since launch 4.7% Historical Annual Returns
Year Returns 2023 6.6% 2022 4% 2021 3.1% 2020 6.7% 2019 5.8% 2018 6.6% 2017 5.8% 2016 6.9% 2015 7% Growth of 10k Over Years
Date Value 30 Jun 19 ₹10,000 30 Jun 20 ₹10,679 30 Jun 21 ₹11,163 30 Jun 22 ₹11,479 30 Jun 23 ₹12,182 30 Jun 24 ₹13,021 Asset Allocation
Asset Class Value Cash 48.05% Debt 51.8% Other 0.15% Sector Allocation
Sector Value Corporate 63.81% Cash Equivalent 22.61% Government 13.43% Rating Value AA 5.95% AAA 94.05% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity 8.34% Govt Stock 2033
Sovereign Bonds | -3% ₹31 Cr 3,000,000
↑ 3,000,000 Rural Electrification Corporation Limited
Debentures | -2% ₹25 Cr 2,500,000
↑ 2,500,000 National Bank For Agriculture And Rural Development
Debentures | -2% ₹25 Cr 2,500,000
↑ 2,500,000 Rec Limited
Debentures | -2% ₹25 Cr 2,500,000 National Bank For Agriculture And Rural Development
Debentures | -2% ₹25 Cr 2,500,000
↑ 2,500,000 Power Finance Corporation Ltd.
Debentures | -2% ₹25 Cr 2,500,000
↑ 2,500,000 Power Finance Corporation Ltd.
Debentures | -2% ₹25 Cr 2,500,000
↑ 2,500,000 HDFC Bank Ltd.
Debentures | -2% ₹24 Cr 2,500,000
↑ 2,500,000 Punjab National Bank
Domestic Bonds | -2% ₹24 Cr 2,500,000 Small Industries Development Bank Of India
Debentures | -2% ₹20 Cr 2,000,000
↑ 1,000,000
Talk to our investment specialistFund Managers
Name Since Tenure Basant Bafna 1 Feb 24 0.41 Yr. Custodians
Company Address Deutsche Bank AG Deutsche Bank AG,Kodak House, 22, D.N. Road, Registrar & Transfer Agent
KFin Technologies Ltd Address KFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar, FAX 91-40-23311968 Email mailmanager@karvy.com Administrator Companies
Company Address Mirae Asset Investment Managers (India) Private Limited Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098 Auditors
Company Address M/s. Chokshi & Chokshi 101/102, Kshamalaya 1st Floor,,37, Sir V. Thackersey Marg, All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year Mirae Asset Savings Fund
Growth ₹2,110.18
↑ 0.66 3.75 % 7 % 5.35 % 5.39 % Mirae Asset Savings Fund
Weekly Dividend, Reinvestment ₹1,107.27
↑ 0.34 1.82 % 5.12 % 4.74 % 4.8 % Mirae Asset Savings Fund
Quarterly Dividend, Reinvestment ₹1,004.92
↑ 0.31 1.82 % 4.96 % 4.69 % 5.1 % Mirae Asset Savings Fund
Quarterly Dividend, Payout ₹1,004.92
↑ 0.31 1.82 % 4.96 % 4.69 % 5.1 % Mirae Asset Savings Fund
Monthly Dividend, Reinvestment ₹1,087.76
↑ 0.34 1.24 % 4.42 % 4.5 % 4.67 % Mirae Asset Savings Fund
Monthly Dividend, Payout ₹1,087.76
↑ 0.34 1.24 % 4.42 % 4.5 % 4.67 % Mirae Asset Savings Fund
Daily Dividend, Reinvestment ₹1,005.16 3.05 % 6.32 % 5.13 % 5.02 % Data as on 26 Jul 24