1M
6M
1Y
3Y
All
| NAV: 13 May 2024 | ₹11.78 |
| Min. SIP amount | ₹1,000 |
| Rating | 2 |
| Fund size | ₹49.85Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Debt Corporate Bond
Annualised returns
Absolute returns
| 6M | 1Y | 3Y | All | |
|---|---|---|---|---|
| Fund returns | NA | 6.6% | 5.1% | 5.3% |
| Category average | NA | 6.4% | 4.9% | NA |
| Rank with in category | NA | 19 | 15 | NA |
Understand terms
Holdings (18)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | GOI Sec | 11.85% |
Embassy Office Parks REIT | Construction | Debenture | 9.70% |
Power Finance Corporation Ltd. | Financial | Debenture | 9.67% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 7.85% |
REC Ltd. | Financial | NCD | 5.92% |
Bajaj Finance Ltd. | Financial | Bonds/NCD | 5.86% |
HDFC Bank Ltd. | Financial | NCD | 5.56% |
Bajaj Housing Finance Ltd. | Financial | Debenture | 4.90% |
Mahanagar Telephone Nigam Ltd. | Communication | Debenture | 4.69% |
Indian Railway Finance Corporation Ltd. | Financial | Debenture | 3.93% |
See All
Pros and cons
Category: Debt Corporate Bond
Pros
Cons
Exit load is zero
Low rating: 2
Lower expense ratio: 0.22%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Consistently higher annualised returns than category average for the past 1Y and 3Y
Expense ratio, exit load and tax
Expense ratio: 0.22%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
Mahendra Kumar JajooFeb 2021 - PresentView details
Mahendra Kumar Jajoo
Feb 2021 - Present
View details
Education
Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
Experience
Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.
Also manages these schemes
Amit ModaniFeb 2024 - PresentView details
Amit Modani
Feb 2024 - Present
View details
Education
Mr. Modani is Chartered Accountant
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with BOI AXA Mutual Fund, Quantum Asset Management Company Private Limited and Pramerica Asset Managers Pvt. Ltd.
Also manages these schemes
Basant BafnaJan 2023 - PresentView details
Basant Bafna
Jan 2023 - Present
View details
Education
Mr. Bafna has done B.Com, MBA, CS, CA, FRM and CFA
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
30 Nov 2007
E-mail
NAWebsite
www.miraeassetmf.co.in
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
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