Mirae Asset Savings Fund - G

NAV ₹1,979.68 ↑ 0.30 (0.02 %) as on 22 Aug 23

Table of Contents

Scheme Objective
NAV Price Chart
Returns
- Historical Returns
- Compounded Returns
Growth Of 10k Over Years
Holdings / Portfolio
All Plan & Options
Fund Manager Information
Custodians
Registrar & Transfer Agent (RTA)
Administrator Companies
Auditors

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 2022 was 4% , 2021 was 3.1% and 2020 was 6.7% .

Below is the key information for Mirae Asset Savings Fund

NAV as on 22 Aug 23	₹1,979.68 ↑ 0.30 (0.02 %)
Net Assets (AUM) as on 31 Jul 2023	₹617 Cr.
Launch Date	5 Mar 2008
Category	Debt - Low Duration
Rating	☆
Type	Open Ended Fund
Risk	Moderately Low
Yield To Maturity	7.49%
Effective Maturity	10 Months 19 Days
Modified Duration	9 Months 18 Days

Alpha Ratio	0.0
Expense Ratio	0.75 %
Sharpe Ratio	-0.851
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

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

Duration	Returns
1 Month	0.5%
3 Month	1.5%
6 Month	3.4%
1 Year	6.1%
3 Year	4.4%
5 Year	5.3%
10 Year
15 Year
Since launch	4.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

Year	Returns
2022	4%
2021	3.1%
2020	6.7%
2019	5.8%
2018	6.6%
2017	5.8%
2016	6.9%
2015	7%
2014	8%

Growth of 10k Over Years

Date	Value
30 Sep 18	₹10,000
30 Sep 19	₹10,685
30 Sep 20	₹11,385
30 Sep 21	₹11,804
30 Sep 22	₹12,181
30 Sep 23	₹12,966

Mirae Asset Savings Fund Growth 10k Chart

Asset Allocation

Asset Class	Value
Cash	60.09%
Debt	39.91%

Sector Allocation

Sector	Value
Corporate	52.43%
Government	27.49%
Cash Equivalent	20.09%

Rating	Value
AA	7.61%
AAA	92.39%

Mirae Asset Savings Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

Name	Holding	Value	Quantity
Muthoot Finance Limited Debentures \| -	4%	₹25 Cr	2,500,000
8.51% Govt Stock 2033 Sovereign Bonds \| -	4%	₹20 Cr	2,000,000 ↑ 1,500,000
Bajaj Housing Finance Limited Debentures \| -	3%	₹15 Cr	1,500,000 ↑ 1,500,000
Mahindra & Mahindra Financial Services Ltd Debentures \| -	3%	₹15 Cr	1,500,000
Bajaj Housing Finance Limited Debentures \| -	3%	₹15 Cr	1,500,000
Cholamandalam Investment And Fin. Co. Ltd Debentures \| -	3%	₹15 Cr	1,500,000 ↓ -500,000
Power Finance Corporation Ltd. Debentures \| -	3%	₹15 Cr	1,500,000
Embassy Office Parks Reit Debentures \| -	3%	₹15 Cr	1,500,000
364 DTB 08022024 Sovereign Bonds \| -	3%	₹15 Cr	1,500,000
LIC Housing Finance Limited Debentures \| -	3%	₹14 Cr	1,500,000 ↑ 1,500,000

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Fund Managers

Name	Since	Tenure
Kruti Chheta	22 Aug 22	1.03 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 Quarterly Dividend, Reinvestment	₹1,010.07 ↑ 0.15	3.55 %	6.22 %	4.87 %	4.52 %
Mirae Asset Savings Fund Monthly Dividend, Payout	₹1,091.85 ↑ 0.17	3.43 %	6.14 %	4.36 %	4.42 %
Mirae Asset Savings Fund Growth	₹1,979.68 ↑ 0.30	3.43 %	6.13 %	4.35 %	5.25 %
Mirae Asset Savings Fund Weekly Dividend, Reinvestment	₹1,107.77 ↑ 0.17	3.47 %	6.18 %	4.37 %	4.64 %
Mirae Asset Savings Fund Quarterly Dividend, Payout	₹1,010.07 ↑ 0.15	3.55 %	6.22 %	4.87 %	4.52 %
Mirae Asset Savings Fund Monthly Dividend, Reinvestment	₹1,091.85 ↑ 0.17	3.43 %	6.14 %	4.36 %	4.42 %
Mirae Asset Savings Fund Daily Dividend, Reinvestment	₹1,005.16	3.44 %	6.14 %	4.27 %	4.53 %
Data as on 22 Aug 23

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

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AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153

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