Mirae Asset Low Duration Fund

Q: What are the returns of this mutual fund scheme?

The Mirae Asset Low Duration Fund is a 17 yrs 11 m old fund and has delivered average annual returns of 4.83% since inception. Mirae Asset Low Duration Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.66% 6.9% 5.65% 5.94% 4.83%

Q: How much does this mutual fund charge as expense ratio?

The Mirae Asset Low Duration Fund has an expense ratio of 0.87% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹2332.608+0.04% 1 day change	4.83% p.a.	App exclusive #NA View Ranked Funds	₹2,562 Cr

Historical NAV & returns

NAV: ₹2332.608 as on Feb 02, 2026

This fund Category average

Mirae Asset Low Duration Fund overview

AUM (Fund size)	₹2,562 Cr
Exit load	0%
Lock-in Period	Nil
Age	17 yrs 11 m since Feb 29, 2008
Benchmark	NIFTY Low Duration Debt Index A-I
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	0.87% as on Feb 02, 2026
Plan type	Regular
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 Feb 03, 2026

Period	This fund	Category average
1 Month	0.18%	0.2%
3 Months	1.02%	0.95%
6 Months	2.42%	2.33%
1 Year	6.66%	6.58%
2 Years	6.99%	6.92%
3 Years	6.9%	6.94%
4 Years	6.25%	6.32%
5 Years	5.65%	5.76%
7 Years	5.71%	5.93%
10 Years	5.94%	6.36%

Asset allocationas on Dec 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 51.41097844%

A1+ 29.30395438%

SOV 13.13107274%

AA 3.13164167%

Top Debt Holdings

Reserve Bank of India 8.88%

Bank Of Baroda 6.65%

Axis Bank Ltd. 6.04%

National Bank For Agriculture & Rural Development 4.71%

Allocation by Instruments

Debenture 34.364783689999996%

Certificate of Deposit 23.183076189999998%

Bonds 9.161080539999999%

Treasury Bills 8.87592791%

Other Holdings

Others 0.17%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Low Duration Fund	0.18%	2.42%	6.66%	6.9%	5.65%	5.94%
UTI Low Duration Fund	0.21%	2.67%	7.14%	7.33%	7.19%	6.1%
DSP Low Duration Fund	0.17%	2.37%	6.66%	7.01%	5.84%	6.64%
Sundaram Low Duration Fund	0.15%	2.26%	6.35%	6.69%	7.11%	5.84%
LIC MF Low Duration Fund	0.15%	2.31%	6.42%	6.71%	5.51%	6.01%
Bandhan Low Duration Fund	0.18%	2.41%	6.73%	7.01%	5.83%	6.67%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Low Duration Fund	0.44	0.65	1.29	1.7
UTI Low Duration Fund	0.46	0.67	2.07	3.12
DSP Low Duration Fund	0.47	0.7	1.4	1.85
Sundaram Low Duration Fund	0.47	0.69	0.77	1.06
LIC MF Low Duration Fund	0.47	0.69	0.82	1.2
Bandhan Low Duration Fund	0.47	0.69	1.43	1.92

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mirae Asset Low Duration Fund	N.A.	2,562 Cr	17 yrs 11 m	0.87%
UTI Low Duration Fund	N.A.	2,667 Cr	22 yrs 10 m	0.41%
DSP Low Duration Fund	N.A.	5,609 Cr	10 yrs 11 m	0.62%
Sundaram Low Duration Fund	N.A.	472 Cr	21 yrs 5 m	1.21%
LIC MF Low Duration Fund	N.A.	1,938 Cr	22 yrs 8 m	1.23%
Bandhan Low Duration Fund	N.A.	6,613 Cr	20 yrs	0.66%

View all Low Duration funds

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

Alpha	1.78 vs. 3.09 Underperformed at beating benchmark
Sharpe	1.29 vs. 2.56 Poor risk-adjusted returns
Beta	0.65 vs. 1.29 Less sensitive to market ups & downs
Standard deviation	0.44 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 is a Low Duration mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 17 yrs 11 m, having been launched on 29/02/2008. Mirae Asset Low Duration Fund has ₹2,562 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Low Duration Fund as of 02/02/2026 is ₹2332.61. The fund has an expense ratio of 0.87%, which is higher than what most other Low Duration funds charge.

Mirae Asset Low Duration Fund returns of last 1-year are 6.70%. Since launch, it has delivered 6.42% average annual returns. The fund has doubled the money invested in it every 12 yrs.
Mirae Asset Low Duration Fund 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 very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in Reserve Bank of India, Bank Of Baroda, Axis Bank Ltd., National Bank For Agriculture & Rural Development, Bharti Telecom Ltd..

...

Fund AUM	2,562 Cr as on Dec 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	48 view all schemes
Total AUM	2,29,565 Cr as on Dec 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	1Y	3Y
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund	N.A.	227 Cr	6.16%	7.74%
Mirae Asset Nifty SDL Jun 2027 Index Fund	N.A.	531 Cr	7.34%	7.56%
Mirae Asset Ultra Short Duration Fund	N.A.	2,067 Cr	6.81%	7.22%
Mirae Asset Nifty SDL June 2028 Index Fund	N.A.	71 Cr	7.21%	N.A.
Mirae Asset Money Market Fund	N.A.	3,025 Cr	6.88%	7.08%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund	N.A.	77 Cr	6.85%	7.05%

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 plan is approximately ₹2332.608 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Mirae Asset Low Duration Fund is a 17 yrs 11 m old fund and has delivered average annual returns of 4.83% since inception.

Mirae Asset Low Duration Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.66%	6.9%	5.65%	5.94%	4.83%

How much does this mutual fund charge as expense ratio?

The Mirae Asset Low Duration Fund has an expense ratio of 0.87%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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 2,562 Cr as on Dec 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	8.88%
Bank Of Baroda	6.65%
Axis Bank Ltd.	6.04%

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	51.41097844%
A1+	29.30395438%
SOV	13.13107274%

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

Redeeming your investments in the Mirae Asset Low Duration Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested 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 2 Years.
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.