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 4.4% since its launch. Ranked 84 in Low Duration
category. Return for 2021 was 3.1% , 2020 was 6.7% and 2019 was 5.8% . NAV as on 18 Aug 22 ₹1,864.59 ↑ 0.08 (0.00 %) Net Assets (AUM) as on 30 Jun 2022 ₹694 Cr. Launch Date 5 Mar 2008 Category Debt - Low Duration Rating ☆ Type Open Ended Fund Risk Moderately Low Yield To Maturity 6.11% Effective Maturity 10 Months 9 Days Modified Duration 7 Months 13 Days Alpha Ratio 0.0 Expense Ratio 0.5 % Sharpe Ratio -1.693 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 18 Aug 22 Duration Returns 1 Month 0.5% 3 Month 1.3% 6 Month 1.6% 1 Year 3% 3 Year 4.5% 5 Year 5.2% 10 Year 15 Year Since launch 4.4% Historical Annual Returns
Year Returns 2021 3.1% 2020 6.7% 2019 5.8% 2018 6.6% 2017 5.8% 2016 6.9% 2015 7% 2014 8% 2013 8% Growth of 10k Over Years
Date Value 31 Jul 17 ₹10,000 31 Jul 18 ₹10,563 31 Jul 19 ₹11,251 31 Jul 20 ₹12,033 31 Jul 21 ₹12,493 31 Jul 22 ₹12,857 Asset Allocation
Asset Class Value Cash 41.6% Debt 58.4% Sector Allocation
Sector Value Corporate 43.27% Government 36.27% Cash Equivalent 20.47% Rating Value AA 17.46% AAA 82.54% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity Shriram Transport Finance Company Limited
Debentures | -5% ₹30 Cr 3,000,000 08.60 Tn SDL 2023
Sovereign Bonds | -4% ₹25 Cr 2,500,000 Jamnagar Utilities & Power Private Limited
Debentures | -4% ₹25 Cr 2,500,000 Power Finance Corporation Ltd.
Debentures | -4% ₹25 Cr 2,500,000 Cholamandalam Investment And Fin. Co. Ltd
Debentures | -4% ₹25 Cr 2,500,000 Muthoot Finance Limited
Debentures | -4% ₹25 Cr 2,500,000 Export Import Bank Of India
Debentures | -4% ₹24 Cr 2,500,000 National Bank For Agriculture And Rural Development
Debentures | -4% ₹24 Cr 2,500,000 Power Grid Corporation Of India Limited
Debentures | -3% ₹20 Cr 2,000,000 6.84% Govt Stock 2022
Sovereign Bonds | -3% ₹18 Cr 1,750,000
Talk to our investment specialistFund Managers
Name Since Tenure Mahendra Jajoo 8 Sep 16 5.9 Yr. Custodians
Company Address Deutsche Bank AG Deutsche Bank AG,Kodak House, 22, D.N. Road, Registrar & Transfer Agent
KFin Technologies Limited 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 ₹1,864.59
↑ 0.08 1.65 % 3.04 % 4.54 % 5.17 % Mirae Asset Savings Fund
Weekly Dividend, Reinvestment ₹1,106.68
↑ 0.05 1.65 % 3.04 % 4.23 % 4.23 % Mirae Asset Savings Fund
Quarterly Dividend, Reinvestment ₹1,007.21
↑ 0.04 1.64 % 3 % 4.72 % 4.05 % Mirae Asset Savings Fund
Quarterly Dividend, Payout ₹1,007.21
↑ 0.04 1.64 % 3 % 4.72 % 4.05 % Mirae Asset Savings Fund
Monthly Dividend, Reinvestment ₹1,091.5
↑ 0.05 1.65 % 3.04 % 4.21 % 4.03 % Mirae Asset Savings Fund
Monthly Dividend, Payout ₹1,091.5
↑ 0.05 1.65 % 3.04 % 4.21 % 4.03 % Mirae Asset Savings Fund
Daily Dividend, Reinvestment ₹1,005.16 1.4 % 2.78 % 4.13 % 4.11 % Data as on 18 Aug 22