﻿<?xml version="1.0" encoding="utf-8"?><SchemeSummaryDocument xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><SchemeSummary><Fund_Name>Mirae Asset Low Duration Fund (Formerly known as Mirae Asset Savings Fund)</Fund_Name><Option_Names_Regular__Direct>Direct Plan - Daily IDCWReinvestment
Direct Plan - GrowthGrowth
Direct Plan - Monthly IDCWPayout
Direct Plan - Monthly IDCWReinvestment
Direct Plan - Quarterly IDCWPayout
Direct Plan - Quarterly IDCWReinvestment
Direct Plan - Weekly IDCWReinvestment
Regular Savings Growth PlanGrowth
Regular Savings IDCW Plan (Daily)Reinvestment
Regular Savings IDCW Plan (Monthly)IDCW Payout
Regular Savings IDCW Plan (Monthly)Reinvestment
Regular Savings IDCW Plan (Quarterly)IDCW Payout
Regular Savings IDCW Plan (Quarterly)Reinvestment
Regular Savings IDCW Plan (Weekly)Reinvestment</Option_Names_Regular__Direct><Fund_Type>An Open ended low duration Debt Scheme investing in instruments with Macaulay duration of the portfolio between 6 months and 12 months (please refer to page no. 37 of SID)
A moderate interest rate risk and moderate credit risk</Fund_Type><Riskometer_At_the_time_of_Launch>Low to Moderate</Riskometer_At_the_time_of_Launch><Riskometer_as_on_Date>Moderate</Riskometer_as_on_Date><Category_as_Per_SEBI_Categorization_Circular>Low Duration Fund</Category_as_Per_SEBI_Categorization_Circular><Potential_Risk_Class_as_on_date>B-II</Potential_Risk_Class_as_on_date><Description_Objective_of_the_scheme>The investment objective of the scheme is to seek to generate returns with a portfolio comprising of debt and money market instruments, such that Macaulay duration of the portfolio is between 6 months - 12 months. The Scheme does not guarantee any returns</Description_Objective_of_the_scheme><Stated_Asset_Allocation>Money Market Instruments and debt instruments with Macaulay duration of the portfolio between 6 months and 12 months - 0% to 100% (Low to Medium)</Stated_Asset_Allocation><Face_Value>1000</Face_Value><NFO_Open_Date>29 Feb 2008</NFO_Open_Date><NFO_Close_date>03 Mar 2008</NFO_Close_date><Allotment_Date>05 Mar 2008</Allotment_Date><Reopen_Date>10 Mar 2008</Reopen_Date><Maturity_Date_For_closedend_funds>N/A</Maturity_Date_For_closedend_funds><Benchmark_Tier_1>Nifty Low Duration Debt Index A-I</Benchmark_Tier_1><Benchmark_Tier_2 /><Fund_Manager_Name>Mr. Basant Bafna</Fund_Manager_Name><Fund_Manager_Type_PrimaryComanageDescription>Primary</Fund_Manager_Type_PrimaryComanageDescription><Fund_Manager_From_Date>February 01, 2024</Fund_Manager_From_Date><Annual_Expense_Stated_maximum>Regular 0.83, Direct 0.17</Annual_Expense_Stated_maximum><Exit_Load_if_applicable>NIL</Exit_Load_if_applicable><Custodian>SBI – SG Securities Pvt. Ltd., Mumbai</Custodian><Auditor>M/s.Chokshi &amp;amp; Chokshi, Chartered Accountants</Auditor><Registrar>KFIN Technologies  Limited</Registrar><RTA_Code_To_be_phased_out>LP</RTA_Code_To_be_phased_out><Listing_Details>N/A</Listing_Details><ISINs>INF769K01937
INF769K01960
INF769K01978
INF769K01986
INF769K01994
INF769K01AA0
INF769K01AB8
INF769K01BO9
INF769K01BP6
INF769K01BQ4
INF769K01BR2
INF769K01BS0
INF769K01BT8
INF769K01BU6</ISINs><AMFI_Codes_To_be_phased_out>107700
107701
107702
107704
107705
118840
118841
118842
118843
118844</AMFI_Codes_To_be_phased_out><SEBI_Codes>MIRA/O/D/LOW/08/02/0002</SEBI_Codes><Minimum_Application_Amount>5000</Minimum_Application_Amount><Minimum_Application_Amount_in_multiples_of_Rs>1</Minimum_Application_Amount_in_multiples_of_Rs><Minimum_Additional_Amount>1000</Minimum_Additional_Amount><Minimum_Additional_Amount_in_multiples_of_Rs>1</Minimum_Additional_Amount_in_multiples_of_Rs><Minimum_Redemption_Amount_in_Rs>1</Minimum_Redemption_Amount_in_Rs><Minimum_Redemption_Amount_in_Units>Any Units</Minimum_Redemption_Amount_in_Units><Minimum_Balance_Amount_if_applicable>N/A</Minimum_Balance_Amount_if_applicable><Minimum_Balance_Amount_in_Units_if_applicable>N/A</Minimum_Balance_Amount_in_Units_if_applicable><Max_Investment_Amount>Any Amount</Max_Investment_Amount><Minimum_Switch_Amount_if_applicable>5000</Minimum_Switch_Amount_if_applicable><Minimum_Switch_Units>-</Minimum_Switch_Units><Switch_Multiple_Amount_if_applicable>1</Switch_Multiple_Amount_if_applicable><Switch_Multiple_Units_if_applicable>-</Switch_Multiple_Units_if_applicable><Max_Switch_Amount>Any Amount</Max_Switch_Amount><Max_Switch_Units_if_applicable>Any Units</Max_Switch_Units_if_applicable><Swing_Pricing_if_applicable>Yes</Swing_Pricing_if_applicable><Sidepocketing_if_applicable>Enabled.</Sidepocketing_if_applicable><SIP_SWP__STP_Details_Frequency>SIP - Monthly /  Quarterly
SWP - Monthly /  Quarterly / Halfyearly / Yearly
STP - Daily / Weekly / Fortnightly / Monthly
/ Quarterly</SIP_SWP__STP_Details_Frequency><SIP_SWP__STP_Details_Minimum_amount>1000</SIP_SWP__STP_Details_Minimum_amount><SIP_SWP__STP_Details_In_multiple_of>1</SIP_SWP__STP_Details_In_multiple_of><SIP_SWP__STP_Details_Minimum_Instalments>5</SIP_SWP__STP_Details_Minimum_Instalments><SIP_SWP__STP_Details_Dates>SIP - Except 29,30 and 31 all dates
SWP - 1, 10, 15, 21 and 28
STP -  Daily, Weekly only Wednesday, Fortnightly - alternate Wednesday, Monthly</SIP_SWP__STP_Details_Dates><SIP_SWP__STP_Details_Maximum_Amount_if_any>NA</SIP_SWP__STP_Details_Maximum_Amount_if_any></SchemeSummary></SchemeSummaryDocument>