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Fund Overview

Fund Size

Fund Size

₹51 Cr

Expense Ratio

Expense Ratio

0.90%

ISIN

ISIN

INF769K01HA5

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

17 Mar 2021

About this fund

Mirae Asset Corporate Bond Fund Regular Growth is a Corporate Bond mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 3 years, 1 months and 3 days, having been launched on 17-Mar-21.
As of 19-Apr-24, it has a Net Asset Value (NAV) of ₹11.55, Assets Under Management (AUM) of 51.08 Crores, and an expense ratio of 0.9%.
  • Mirae Asset Corporate Bond Fund Regular Growth has given a CAGR return of 4.77% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 95.49% in debts, and 4.20% in cash & cash equivalents.
  • You can start investing in Mirae Asset Corporate Bond Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.30%

+5.80%(Cat. Avg.)

3 Years

+4.69%

+4.61%(Cat. Avg.)

Since Inception

+4.77%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Debt48.78 Cr95.49%
Others2.31 Cr4.51%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
7.18% Govt Stock 2033Bond - Gov't/Treasury6.05 Cr11.85%
Embassy Office Parks ReitBond - Corporate Bond4.96 Cr9.70%
Power Finance Corporation Ltd.Bond - Corporate Bond4.94 Cr9.67%
National Bank for Agriculture and Rural Development 7.68%Bond - Gov't Agency Debt4.01 Cr7.85%
Rural Electrification Corporation LimitedBond - Corporate Bond3.02 Cr5.92%
Bajaj Finance LimitedBond - Corporate Bond2.99 Cr5.86%
HDFC Bank LimitedBond - Corporate Bond2.84 Cr5.56%
Bajaj Housing Finance Ltd. 8.04%Bond - Corporate Bond2.5 Cr4.90%
Mahanagar Telephone Nigam LimitedBond - Corporate Bond2.39 Cr4.69%
Indian Railway Finance Corporation LimitedBond - Corporate Bond2.01 Cr3.93%
Jamnagar Utilities And Power Private LimitedBond - Corporate Bond2.01 Cr3.93%
Power Grid Corporation Of India LimitedBond - Corporate Bond2.01 Cr3.93%
LIC Housing Finance Ltd. 7.835%Bond - Corporate Bond2 Cr3.92%
HDFC Bank LimitedBond - Corporate Bond1.99 Cr3.90%
Net Receivables / (Payables)Cash1.54 Cr3.02%
Rural Electrification Corporation LimitedBond - Corporate Bond1.52 Cr2.98%
7.18% Govt Stock 2037Bond - Gov't/Treasury1.51 Cr2.96%
Bank Of BarodaBond - Corporate Bond1.02 Cr1.99%
Rural Electrification Corporation LimitedBond - Corporate Bond1 Cr1.96%
TrepsCash - Repurchase Agreement0.6 Cr1.18%
Class A2 units of Alternative Investment Fund Units #Mutual Fund - Open End0.16 Cr0.31%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond37.21 Cr72.83%
Bond - Gov't/Treasury7.56 Cr14.80%
Bond - Gov't Agency Debt4.01 Cr7.85%
Cash1.54 Cr3.02%
Cash - Repurchase Agreement0.6 Cr1.18%
Mutual Fund - Open End0.16 Cr0.31%

Risk & Performance Ratios

Standard Deviation

This fund

1.20%

Cat. avg.

1.62%

Lower the better

Sharpe Ratio

This fund

-0.56

Cat. avg.

-0.27

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.25

Higher the better

Fund Managers

Amit Modani

Amit Modani

Since February 2024

Additional Scheme Detailsas of 31st March 2024

ISININF769K01HA5Expense Ratio0.90%Exit LoadNo ChargesFund Size₹51 CrAge17 Mar 2021Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Corporate Bond B-III TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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Fund nameExpense RatioExit LoadFund size
1Y
TrustMF Corporate Bond Fund Regular Growth

Moderate Risk

0.7%0.0%₹81.87 Cr6.3%
TrustMF Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹81.87 Cr6.7%
Baroda BNP Paribas Corporate Bond Fund Regular Growth

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0.6%0.0%₹147.58 Cr6.8%
Bandhan Corporate Bond Fund Direct Growth

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0.3%0.0%₹13763.85 Cr6.7%
Bandhan Corporate Bond Fund Regular Growth

Moderate Risk

0.6%0.0%₹13763.85 Cr6.4%
HDFC Corporate Bond Fund Regular Growth

Moderate Risk

0.6%0.0%₹28499.19 Cr7.4%
Sundaram Corporate Bond Fund Regular Growth

Moderate Risk

0.6%0.0%₹756.25 Cr6.2%
Franklin India Corporate Debt Fund Regular Growth

Low to Moderate Risk

0.8%0.0%₹741.84 Cr6.3%
Nippon India Corporate Bond Fund Regular Growth

Moderate Risk

0.8%0.0%₹2818.43 Cr7.0%
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About the AMC

Total AUM

₹1,67,826 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%1.0%₹1325.63 Cr-
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.5%1.0%₹3182.73 Cr40.0%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹6871.66 Cr7.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.7%1.0%₹33618.78 Cr39.8%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹37884.61 Cr25.5%
Mirae Asset Savings Fund Direct Growth

Moderate Risk

0.2%0.0%₹493.94 Cr7.5%
Mirae Asset Money Market Fund Direct Growth

Moderate Risk

0.2%0.0%₹106.37 Cr7.6%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹8425.01 Cr23.9%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹157.90 Cr6.6%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1441.40 Cr95.3%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹8400.93 Cr26.7%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.0%0.0%₹678.48 Cr35.6%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹111.71 Cr29.6%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹506.21 Cr50.5%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹792.36 Cr6.9%
Mirae Asset Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1003.21 Cr7.6%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹1699.82 Cr34.3%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.7%1.0%₹1593.76 Cr26.9%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.5%1.0%₹2488.33 Cr-
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹72.78 Cr51.8%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹21475.97 Cr37.3%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹83.06 Cr7.0%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹51.08 Cr6.8%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹69.33 Cr-15.3%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹930.11 Cr18.6%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹60.35 Cr6.8%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

1.0%1.0%₹346.82 Cr35.8%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

0.7%1.0%₹95.84 Cr-5.7%
Mirae Asset Overnight Fund Direct Growth

Low Risk

0.0%0.0%₹593.94 Cr6.8%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹335.66 Cr7.1%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹225.61 Cr7.0%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹103.03 Cr6.9%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.5%1.0%₹2235.15 Cr47.1%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹1451.16 Cr8.6%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹14251.70 Cr49.7%
Mirae Asset Balanced Advantage Fund Direct Growth

Very High Risk

0.7%1.0%₹1534.21 Cr23.3%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of Mirae Asset Corporate Bond Fund Regular Growth, as of 19-Apr-2024, is ₹11.55.
The fund has generated 6.30% over the last 1 year and 4.69% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 95.49% in bonds, and 4.20% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Corporate Bond Fund Regular Growth are:-
  1. Amit Modani