(Erstwhile known as Mirae Asset Low Duration Fund )
(Erstwhile known as Mirae Asset Savings Fund)
(An open-ended debt scheme investing in instruments with Macaulay duration of the portfolio between 6 months and 12 months. A moderate interest rate risk and moderate credit risk.)An open-ended debt scheme investing in instruments with Macaulay duration of the portfolio between 6 months and 12 months. A moderate interest rate risk and moderate credit risk.
The fund will be investing in instruments with Macaulay duration of the portfolio between 6 months and 12 months.
The portfolio will be comprising mainly of debt and money market instruments of short term maturity
The endeavors will be to have a portfolio of high quality and low interest rate sensitive debt securities.
Scheme is based on duration model with an aim to maintain high duration when interest rates are high and maintain low duration when interest rates are low.
An open-ended debt scheme investing in instruments with Macaulay duration of the portfolio between 6 months and 12 months. A moderate interest rate risk and moderate credit risk.
Mr. Basant Bafna
26th June, 2012
Nifty Low Duration Debt Index A-I
₹ 5,000/- and in multiples of ₹ 1/-thereafter.
₹ 1,000/- per application and in multiples of ₹ 1/- thereafter.
Regular Savings Plan and Direct Plan
Growth Option and IDCW (Payout / Reinvestment)
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*Inception date of MASF is 5th March 2008, however since inception returns are calculated from 26th June 2012 as there were no investors in the interim period in the institutional plan.
Recommended Investment Horizon
6-12Months
0-100% in Money market and debt instruments with Macaulay duration between 6 months and 12 months.
Savings
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| Record date | Div. Ind (₹) | Div. Corp (₹) | Cum Nav (₹) |
For Historic Dividend Click here
Mirae Asset Debt Investment Process and Philosophy
Product Labelling for Mirae Asset Ultra Short to Short Term Fund. The fund is suitable for investors who are seeking an open-ended ultra short to short term scheme, with investment in debt and money market instruments such that the Macaulay duration of the portfolio is between 6-12 months. Investors should consult their financial advisors if they are not clear about the suitability of the product. The Scheme Riskometer shows that the risk of the scheme is Low to Moderate. The riskometer is a semicircular gauge divided into six color-coded zones: Low Risk (dark green), Low to Moderate Risk (light green), Moderate Risk (yellow), Moderately High Risk (brown), High Risk (orange) and Very High Risk (red). The needle of the scheme riskometer points to the Low to Moderate Risk zone. The Scheme Benchmark, as per the AMFI Tier 1 Benchmark, is the Nifty Low Duration Debt Index A-I. The Benchmark Riskometer also has its needle pointing to the Low to Moderate Risk zone, which shows that the risk of the benchmark is Low to Moderate.
This product is suitable for investors who are seeking:
An open-ended ultra short to short term scheme
Investment in debt and money market instruments such that the Macaulay duration of the portfolio is between 6-12 months
Potential Risk Class Matrix (PRC)
| Credit Risk → Interest Rate Risk↓ | Relatively Low (Class A) | Moderate (Class B) | Relatively High (Class C) |
|---|---|---|---|
| Relatively Low (Class I) | |||
| Moderate (Class II) | B-II | ||
| Relatively High (Class III) |
(Erstwhile known as Mirae Asset Savings Fund)
(Low Duration Fund - 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)
View Performance of the funds managed by the Fund Manager
How to achieve your goal
(Erstwhile known as Mirae Asset Savings Fund)
(Low Duration Fund - 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)
| Name | Allocation | |
| CERTIFICATE OF DEPOSIT | ||
| 1 | Kotak Mahindra Bank Limited | 3.34% |
| 2 | Axis Bank Limited | 3.26% |
| 3 | AU Small Finance Bank Limited | 2.63% |
| COMMERCIAL PAPER | ||
| 1 | IndoStar Capital Finance Limited | 3.32% |
| 2 | Network18 Media & Investments Limited | 2.00% |
| CORPORATE BOND | ||
| 1 | Hindustan Petroleum Corporation Limited | 5.46% |
| 2 | Housing Development Finance Corporation Limited | 4.32% |
| 3 | Power Finance Corporation Limited | 4.10% |
| GOVERNMENT BOND | ||
| 1 | 8.15% GOI (MD 11/06/2022) | 6.78% |
| 2 | 6.84% GOI (MD 19/12/2022) | 2.39% |
| 3 | 8.08% GOI (MD 02/08/2022) | 2.38% |
35.62%
13.62%
12.63%
11.89%
5.32%
3.48%
1.63%
15.81%
*Data as on 31st March, 2022.
ETF Website
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