Mirae Asset Long Duration Fund Direct-Growth

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹10.5591+0.13% 1 day change	5.32%	#NA View Ranked Funds	N.A.

Historical NAV & returns

NAV: ₹10.5591 as on Apr 23, 2025

This fund Category average

Mirae Asset Long Duration Fund overview

VRO rating	N.A.
Expense ratio	0.1% as on Mar 31, 2025
Exit load	0%
AUM (Fund size)	₹38 Crs
Lock-in	No Lockin
Age	5 m since Nov 21, 2024
Benchmark	CRISIL Long Duration Debt A-III Index
Min. investment	SIP ₹500 & Lump. ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Mirae Asset Long Duration Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 08, 2025

Period	This fund	Category average
1 month	3.17%	3.19%
3 months	4.67%	4.74%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 94.25954677%

Cash & Call Money 5.48334289%

Others 0.25711031%

Top Debt Holdings

GOI 94.26%

Allocation by Instruments

GOI Securities 94.25954676999999%

Net Receivables 3.02467991%

Repo 2.45866298%

Alternative Investment Fund 0.25711031%

Other Holdings

Others 0.26%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Mirae Asset Long Duration Fund	N.A.	₹38 Crs	5 m	0.1%
Nippon India Nivesh Lakshya Fund	N.A.	₹9,659 Crs	6 yrs 10 m	0.33%
ICICI Prudential Long Term Bond Fund	N.A.	₹1,078 Crs	12 yrs 3 m	0.4%
Bandhan Long Duration Fund	N.A.	₹185 Crs	1 yrs 1 m	0.25%
Kotak Long Duration Fund	N.A.	₹151 Crs	1 yrs 1 m	0.34%
SBI Long Duration Fund	N.A.	₹2,982 Crs	2 yrs 4 m	0.29%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Long Duration Fund	3.17%	N.A.	N.A.	N.A.	N.A.	N.A.
Nippon India Nivesh Lakshya Fund	2.95%	5.94%	13.37%	9.48%	7.21%	6.38%
ICICI Prudential Long Term Bond Fund	2.98%	6.96%	13.28%	8.9%	6.44%	8.25%
Bandhan Long Duration Fund	3.1%	5.83%	13.67%	4.01%	2.39%	1.19%
Kotak Long Duration Fund	3.22%	6.18%	13.76%	4.1%	2.44%	1.21%
SBI Long Duration Fund	3.03%	5.86%	13.58%	8.36%	4.94%	2.44%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Long Duration Fund	N.A.	N.A.	N.A.	N.A.
Nippon India Nivesh Lakshya Fund	3.83	5.18	0.49	0.69
ICICI Prudential Long Term Bond Fund	3.01	4.73	0.49	0.78
Bandhan Long Duration Fund	N.A.	N.A.	N.A.	N.A.
Kotak Long Duration Fund	N.A.	N.A.	N.A.	N.A.
SBI Long Duration Fund	N.A.	N.A.	N.A.	N.A.

View all Long Duration funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Mirae Asset Long Duration Fund in detail with

About this fund

About Mirae Asset Long Duration Fund

Mirae Asset Long Duration Fund Direct-Growth is a Long Duration mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 5 m, having been launched on 21/11/2024. Mirae Asset Long Duration Fund Direct-Growth has ₹38 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Long Duration Fund Direct-Growth as of 23/04/2025 is ₹10.56. The fund has an expense ratio of 0.1%, which is less than what most other Long Duration funds charge.

The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI.

...

Fund AUM	₹38 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Kruti Chheta

Ms. Chheta has done BAF (Finance and Accounts) and MBA (Finance). Prior to joining Mirae Asset Mutual Fund, she has worked with A K Capital Services Ltd., Shriram Wealth Advisors Ltd. and Birla wealth management.

Investment objective

The scheme seeks to generate returns through an actively managed diversified portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is greater than 7 years

Mirae Asset Mutual Fund details

No. of schemes	43 view all schemes
Total AUM	₹1,90,637 Crs as on Mar 31, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

More funds from Mirae Asset Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund	N.A.	₹237 Crs	12.66%	N.A.
Mirae Asset Short Duration Fund	N.A.	₹347 Crs	10.08%	7.57%
Mirae Asset Nifty SDL Jun 2027 Index Fund	N.A.	₹758 Crs	9.44%	7.35%
Mirae Asset Corporate Bond Fund	N.A.	₹41 Crs	10.15%	7.28%
Mirae Asset Banking and PSU Fund	N.A.	₹47 Crs	9.98%	7.25%
Mirae Asset Low Duration Fund	N.A.	₹1,415 Crs	8.47%	7.22%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Mirae Asset Long Duration Fund?

The current Net Asset Value (NAV) of the Mirae Asset Long Duration Fund - Direct Growth plan is approximately ₹10.5591 as of Apr 23, 2025.

How much does this mutual fund charge as expense ratio?

The Mirae Asset Long Duration Fund - Direct Growth has an expense ratio of 0.1%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Mirae Asset Long Duration Fund currently has assets under management (AUM) or fund size valued at approximately ₹38 Crs crore as of Mar 31, 2025.

To whom does Mirae Asset Long Duration Fund lend to?

The top 3 debt holdings of Mirae Asset Long Duration Fund are as follows

Holding Name	Percentage of Portfolio
GOI	94.26%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Mirae Asset Long Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	94.25954677%
Cash & Call Money	5.48334289%
Others	0.25711031%

What is risk level of Mirae Asset Long Duration Fund?

This is a Long Duration fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Mirae Asset Long Duration Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Mirae Asset Long Duration Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Mirae Asset Long Duration Fund is complete.

How can I redeem my investments in Mirae Asset Long Duration Fund?

Redeeming your investments in Mirae Asset Long Duration Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Mirae Asset Long Duration Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Long Duration

#NA

Expense Ratio: This fund has the lowest expense ratio amongst actively/passively managed Long Duration funds.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.