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Fincash » Mutual Funds » Mirae Asset Savings Fund

Mirae Asset Savings Fund - G

NAV  ₹1,608.53 ↓ 0.50   (0.03 %) as on 18 Apr 19

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 4.4% since its launch.  Ranked 84 in Low Duration category.  Return for 2018 was 6.6% , 2017 was 5.8% and 2016 was 6.9% .

Below is the key information for Mirae Asset Savings Fund

NAV as on 18 Apr 19₹1,608.53 ↓ 0.50   (0.03 %)
Net Assets (AUM) as on 31 Mar 2019 ₹476 Cr.
Launch Date5 Mar 2008
CategoryDebt - Low Duration
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity0%
Effective Maturity
Modified Duration
Alpha Ratio0.0
Expense Ratio0.79 %
Sharpe Ratio4.684
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 18 Apr 19

DurationReturns
1 Month 0.6%
3 Month 1.9%
6 Month 4.2%
1 Year 7.1%
3 Year 6.5%
5 Year 6.8%
10 Year
15 Year
Since launch 4.4%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 6.6%
2017 5.8%
2016 6.9%
2015 7%
2014 8%
2013 8%
2012
2011
2010

Growth of 10k Over Years

DateValue
31 Mar 14₹10,000
31 Mar 15₹10,784
31 Mar 16₹11,524
31 Mar 17₹12,303
31 Mar 18₹13,018
31 Mar 19₹13,951
Mirae Asset Savings Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash61.7%
Debt38.3%
Mirae Asset Savings Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent61.7%
Corporate25.02%
Government13.28%
Mirae Asset Savings Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC CREDILA FINANCIAL SERVICES PRIVATE LIMITED
Commercial Paper | -
5%₹26 Cr2,750,000
National Bank For Agriculture And Rural Development
Debentures | -
5%₹25 Cr2,500,000
Rural Electrification Corporation Limited
Debentures | -
5%₹25 Cr2,500,000
Indian Railway Finance Corporation Limited
Debentures | -
5%₹25 Cr2,500,000
Reliance Jio Infocomm Limited
Debentures | -
5%₹25 Cr2,500,000
INDIABULLS HOUSING FINANCE LIMITED
Commercial Paper | -
5%₹25 Cr2,500,000
JSW STEEL LIMITED
Commercial Paper | -
5%₹25 Cr2,500,000
AXIS BANK LIMITED
Certificate of Deposit | -
5%₹24 Cr2,500,000
↑ 2,500,000
AU SMALL FINANCE BANK LIMITED
Certificate of Deposit | -
5%₹24 Cr2,500,000
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
Certificate of Deposit | -
5%₹24 Cr2,500,000
1 - 10 of 42
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Fund Managers

NameSinceTenure
Mahendra Jajoo8 Sep 162.4 Yr.

Custodians

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

Registrar & Transfer Agent

Karvy Fintech Pvt Ltd.
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Mirae Asset Mutual FundUnit No.606, Windsor Building Off.,C.S.T Road, Kalina Santacruz E

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
₹1,608.53
↑ 0.50
4.21 %7.08 %6.55 %6.85 %
Mirae Asset Savings Fund
Weekly Dividend, Reinvestment
₹1,118.53
↓ -0.79
2.94 %4.97 %4.71 %5.04 %
Mirae Asset Savings Fund
Quarterly Dividend, Reinvestment
₹1,004.45
↑ 0.32
0.18 %2.5 %3.81 %4.41 %
Mirae Asset Savings Fund
Quarterly Dividend, Payout
₹1,004.45
↑ 0.32
0.18 %2.5 %3.81 %4.41 %
Mirae Asset Savings Fund
Monthly Dividend, Reinvestment
₹1,103.15
↑ 0.35
2.44 %4 %4.43 %4.88 %
Mirae Asset Savings Fund
Monthly Dividend, Payout
₹1,103.15
↑ 0.35
2.44 %4 %4.43 %4.88 %
Mirae Asset Savings Fund
Daily Dividend, Reinvestment
₹1,017.72
2.84 %4.87 %4.6 %4.92 %
Data as on 18 Apr 19

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