1M
6M
1Y
All
| NAV: 13 May 2024 | ₹1,170.61 |
| Min. SIP amount | ₹1,000 |
| Rating | 2 |
| Fund size | ₹145.28Cr |
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 Money Market
Absolute returns
| 3M | 6M | 1Y | All | |
|---|---|---|---|---|
| Fund returns | 2.0% | 3.9% | 7.6% | 17.0% |
| Category average | NA | NA | 7.2% | NA |
| Rank with in category | 14 | 6 | 10 | NA |
Understand terms
Holdings (18)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Kotak Mahindra Bank Ltd. | Financial | CD | 10.53% |
ICICI Bank Ltd. | Financial | CD | 8.94% |
Punjab National Bank | Financial | CD | 8.84% |
Indian Bank | Financial | CD | 7.90% |
Canara Bank | Financial | CD | 6.13% |
Madhya Pradesh State | Others | SDL | 4.68% |
IIFL Samasta Finance Limited | Financial | CP | 4.68% |
Small Industries Devp. Bank of India Ltd. | Financial | CD | 4.62% |
Motilal Oswal Financial Services Ltd. | Financial | CP | 4.54% |
HDFC Bank Ltd. | Financial | CD | 4.47% |
See All
Pros and cons
Category: Debt Money Market
Pros
Cons
Exit load is zero
Low rating: 2
Lower expense ratio: 0.21%
1Y annualised returns higher than category average by 0.39%
Expense ratio, exit load and tax
Expense ratio: 0.21%
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
Amit ModaniSep 2023 - PresentView details
Amit Modani
Sep 2023 - 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
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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