Mirae Asset Savings Fund - G

NAV ₹2,070.83 ↑ 0.19 (0.01 %) as on 24 Apr 24

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 4.6% since its launch. Ranked 84 in Low Duration category. Return for 2023 was 6.6% , 2022 was 4% and 2021 was 3.1% .

Below is the key information for Mirae Asset Savings Fund

NAV as on 24 Apr 24	₹2,070.83 ↑ 0.19 (0.01 %)
Net Assets (AUM) as on 31 Mar 2024	₹494 Cr.
Launch Date	5 Mar 2008
Category	Debt - Low Duration
Rating	☆
Type	Open Ended Fund
Risk	Moderately Low
Yield To Maturity	8.01%
Effective Maturity	11 Months 12 Days
Modified Duration	10 Months 6 Days

Alpha Ratio	0.0
Expense Ratio	0.75 %
Sharpe Ratio	-0.63
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 24 Apr 24

Duration	Returns
1 Month	0.7%
3 Month	1.9%
6 Month	3.6%
1 Year	6.8%
3 Year	5%
5 Year	5.2%
10 Year
15 Year
Since launch	4.6%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

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
31 Mar 19	₹10,000
31 Mar 20	₹10,508
31 Mar 21	₹11,112
31 Mar 22	₹11,479
31 Mar 23	₹12,021
31 Mar 24	₹12,850

Mirae Asset Savings Fund Growth 10k Chart

Asset Allocation

Asset Class	Value
Cash	37.85%
Debt	61.81%
Other	0.34%

Sector Allocation

Sector	Value
Corporate	71.17%
Government	15.97%
Cash Equivalent	12.52%

Rating	Value
AA	12.96%
AAA	87.04%

Mirae Asset Savings Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

Name	Holding	Value	Quantity
Ongc Petro Additions Limited Debentures \| -	3%	₹15 Cr	1,500,000
Bajaj Housing Finance Limited Debentures \| -	3%	₹15 Cr	1,500,000
Embassy Office Parks Reit Debentures \| -	3%	₹15 Cr	1,500,000
LIC Housing Finance Ltd Debentures \| -	3%	₹15 Cr	1,500,000
Power Finance Corporation Limited Debentures \| -	3%	₹12 Cr	1,250,000
8.25% Govt Stock 2033 Sovereign Bonds \| -	2%	₹10 Cr	1,000,000
07.89 GJ Sdl 2025 Sovereign Bonds \| -	2%	₹10 Cr	1,000,000
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹10 Cr	1,000,000
Indian Railway Finance Corporation Limited Debentures \| -	2%	₹10 Cr	1,000,000
Motilal Oswal Finvest Limited Debentures \| -	2%	₹10 Cr	1,000,000

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Fund Managers

Name	Since	Tenure
Basant Bafna	1 Feb 24	0.16 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	₹2,070.83 ↑ 0.19	3.58 %	6.81 %	5.03 %	5.17 %
Mirae Asset Savings Fund Weekly Dividend, Reinvestment	₹1,106.63 ↓ -0.80	3.58 %	6.88 %	5.05 %	4.86 %
Mirae Asset Savings Fund Quarterly Dividend, Reinvestment	₹1,004.6 ↑ 0.09	3.52 %	6.87 %	5.53 %	5.25 %
Mirae Asset Savings Fund Quarterly Dividend, Payout	₹1,004.6 ↑ 0.09	3.52 %	6.87 %	5.53 %	5.25 %
Mirae Asset Savings Fund Monthly Dividend, Reinvestment	₹1,087.14 ↓ -6.77	3.57 %	6.88 %	5.03 %	4.83 %
Mirae Asset Savings Fund Monthly Dividend, Payout	₹1,087.14 ↓ -6.77	3.57 %	6.88 %	5.03 %	4.83 %
Mirae Asset Savings Fund Daily Dividend, Reinvestment	₹1,005.16	3.45 %	6.71 %	4.91 %	4.75 %
Data as on 24 Apr 24

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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