Mirae Asset Low Duration Fund Regular-Growth

Q: What are the returns of Mirae Asset Low Duration Fund?

The Mirae Asset Low Duration Fund is a 17 yrs 6 m old fund and has delivered average annual returns of 4.82% since inception. Mirae Asset Low Duration Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.47% 6.91% 5.52% 5.99% 4.82%

Previously called: Mirae Asset Savings Regular Savings-G

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹2284.6203+0.01% 1 day change	4.82% p.a.	App exclusive #NA View Ranked Funds	₹1,838 Cr

Historical NAV & returns

NAV: ₹2284.6203 as on Sep 03, 2025

This fund Category average

Mirae Asset Low Duration Fund overview

Expense ratio	0.85% as on Aug 31, 2025
Plan type	Regular
Exit load	0%
AUM (Fund size)	₹1,838 Cr
Lock-in Period	Nil
Age	17 yrs 6 m since Feb 29, 2008
Benchmark	NIFTY Low Duration Debt Index A-I
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Mirae Asset Low 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 Sep 04, 2025

Period	This fund	Category average
1 Month	0.31%	0.31%
3 Months	1.4%	1.42%
6 Months	3.93%	4.05%
1 Year	7.47%	7.6%
2 Years	7.3%	7.36%
3 Years	6.91%	7.06%
4 Years	5.95%	6.25%
5 Years	5.52%	5.85%
7 Years	5.84%	6.17%
10 Years	5.99%	6.55%

Asset allocationas on May 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 49.07312292%

A1+ 28.56887924%

SOV 11.81862091%

AA+ 5.97996609%

Top Debt Holdings

Reserve Bank of India 9.41%

REC Ltd. 7.04%

Small Industries Devp. Bank of India Ltd. 5.91%

Punjab National Bank 3.96%

Allocation by Instruments

Bifurcation by Instrument is not available for this fund

Other Holdings

Others 0.19%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mirae Asset Low Duration Fund	N.A.	1,838 Cr	17 yrs 6 m	0.85%
Sundaram Low Duration Fund	N.A.	398 Cr	21 yrs	1.15%
Mahindra Manulife Low Duration Fund	N.A.	624 Cr	8 yrs 6 m	1.09%
LIC MF Low Duration Fund	N.A.	1,450 Cr	22 yrs 3 m	0.94%
HDFC Low Duration Fund	N.A.	21,198 Cr	25 yrs 9 m	1.04%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Low Duration Fund	0.31%	3.93%	7.47%	6.91%	5.52%	5.99%
Sundaram Low Duration Fund	0.33%	3.84%	7.48%	6.84%	6.99%	5.95%
Mahindra Manulife Low Duration Fund	0.32%	3.87%	7.34%	6.83%	5.43%	5.15%
LIC MF Low Duration Fund	0.3%	3.81%	7.27%	6.74%	5.51%	6.1%
HDFC Low Duration Fund	0.27%	4.02%	7.5%	7.11%	5.93%	6.72%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Low Duration Fund	0.42	1.1	0.95	1.42
Sundaram Low Duration Fund	0.42	1.04	0.78	1.36
Mahindra Manulife Low Duration Fund	0.41	0.99	0.77	1.09
LIC MF Low Duration Fund	0.44	1.16	0.54	0.91
HDFC Low Duration Fund	0.45	1.05	1.32	2.21

View all Low Duration funds

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

Alpha	2.44 vs. 2.85 Underperformed at beating benchmark
Sharpe	0.95 vs. 3.2 Poor risk-adjusted returns
Beta	1.1 vs. 1.4 Less sensitive to market ups & downs
Standard deviation	0.42 vs. 0.39 More volatile performance

Compare Mirae Asset Low Duration Fund in detail with

About this fund

About Mirae Asset Low Duration Fund

Mirae Asset Low Duration Fund Regular-Growth is a Low Duration mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 17 yrs 6 m, having been launched on 29/02/2008. Mirae Asset Low Duration Fund Regular-Growth has ₹1,838 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Low Duration Fund Regular-Growth as of 03/09/2025 is ₹2284.62. The fund has an expense ratio of 0.85%, which is higher than what most other Low Duration funds charge.

Mirae Asset Low Duration Fund Regular-Growth returns of last 1-year are 7.49%. Since launch, it has delivered 6.46% average annual returns. The fund has doubled the money invested in it every 12 yrs.
Mirae Asset Low Duration Fund Regular-Growth scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is average.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. 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 Reserve Bank of India, REC Ltd., Small Industries Devp. Bank of India Ltd., Punjab National Bank, Canara Bank.

...

Fund AUM	1,838 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Basant Bafna

Mr. Bafna has done B.Com, MBA, CS, CA, FRM and CFA Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India

Investment objective

The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.

Mirae Asset Mutual Fund details

No. of schemes	47 view all schemes
Total AUM	2,02,662 Cr as on Jun 30, 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	1Y	3Y
Mirae Asset Liquid Fund	N.A.	14,285 Cr	6.88%	6.98%

See all Debt funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the Mirae Asset Low Duration Fund - Direct Growth plan is approximately ₹2284.6203 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The Mirae Asset Low Duration Fund is a 17 yrs 6 m old fund and has delivered average annual returns of 4.82% since inception.

Mirae Asset Low Duration Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.47%	6.91%	5.52%	5.99%	4.82%

How much does this mutual fund charge as expense ratio?

The Mirae Asset Low Duration Fund - Direct Growth has an expense ratio of 0.85%, 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 Low Duration Fund currently has assets under management (AUM) or fund size valued at approximately 1,838 Cr as on May 31, 2025.

To whom does Mirae Asset Low Duration Fund lend to?

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

Holding Name	Percentage of Portfolio
Reserve Bank of India	9.41%
REC Ltd.	7.04%
Small Industries Devp. Bank of India Ltd.	5.91%

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 Low Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	49.07312292%
A1+	28.56887924%
SOV	11.81862091%

What is risk level of Mirae Asset Low Duration Fund?

This is a Low Duration fund comes with Low to 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 Low Duration Fund?

Mirae Asset Low Duration Fund Regular-Growth is the regular plan of the fund. For this plan of you pay 0.85% as annual charges. On the other hand if you go for the direct plan available on ET Money, you pay 0.17%. That's 0.6799999999999999% less.

Regular plans charge more because when you buy them, the fund pays commission to the agent. This is an additional expense for the fund and to cover this expense, the fund takes a bigger share from the returns generated by your investments.

So, the lower annual cost of the direct plan means you will earn 0.6799999999999999% if you opt for direct plan of Mirae Asset Low Duration Fund

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

Redeeming your investments in Mirae Asset Low 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 Low Duration Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Low Duration

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Low Duration funds in the last 1 Month.
Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.