Dezerv

Fund Overview

Fund Size

Fund Size

₹595 Cr

Expense Ratio

Expense Ratio

0.87%

ISIN

ISIN

INF769K01846

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

05 Mar 2008

About this fund

Mirae Asset Savings Fund Regular Growth is a Low Duration mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 16 years, 2 months and 13 days, having been launched on 05-Mar-08.
As of 31-Oct-19, it has a Net Asset Value (NAV) of ₹1963.07, Assets Under Management (AUM) of 594.96 Crores, and an expense ratio of 0.87%.
  • Mirae Asset Savings Fund Regular Growth has given a CAGR return of 5.96% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 63.09% in debts, and 36.65% in cash & cash equivalents.
  • You can start investing in Mirae Asset Savings 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

+7.08%

+6.08% (Cat Avg.)

3 Years

+6.33%

+5.12% (Cat Avg.)

5 Years

+6.58%

+5.05% (Cat Avg.)

10 Years

+6.70%

+5.61% (Cat Avg.)

Since Inception

+5.96%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Debt375.38 Cr63.09%
Others219.58 Cr36.91%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
India (Republic of)Bond - Short-term Government Bills24.37 Cr4.10%
Punjab National BankBond - Gov't Agency Debt23.65 Cr3.98%
Power Finance Corporation LimitedBond - Corporate Bond19.96 Cr3.35%
360 One Prime Ltd.Cash - Commercial Paper19.8 Cr3.33%
ICICI Bank LimitedCash - CD/Time Deposit19.14 Cr3.22%
Indian BankBond - Gov't Agency Debt18.77 Cr3.15%
Embassy Office Parks ReitBond - Corporate Bond17.88 Cr3.00%
Ongc Petro Additions LimitedBond - Corporate Bond15.03 Cr2.53%
Bajaj Housing Finance LimitedBond - Corporate Bond14.99 Cr2.52%
Small Industries Development Bank Of IndiaBond - Corporate Bond14.98 Cr2.52%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond14.89 Cr2.50%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit14.62 Cr2.46%
Au Small Finance Bank LimitedCash - CD/Time Deposit14.61 Cr2.46%
Shriram Housing Finance LimitedCash - Commercial Paper14.61 Cr2.46%
LIC Housing Finance LtdBond - Corporate Bond14.58 Cr2.45%
ICICI Bank LimitedCash - CD/Time Deposit14.47 Cr2.43%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit14.22 Cr2.39%
Rec LimitedBond - Corporate Bond12.91 Cr2.17%
Axis Bank LimitedCash - CD/Time Deposit12.64 Cr2.12%
Angel One LimitedCash - Commercial Paper11.96 Cr2.01%
07.89 GJ Sdl 2025Bond - Gov't/Treasury10.06 Cr1.69%
Indian Railway Finance Corporation LimitedBond - Corporate Bond10.02 Cr1.68%
Motilal Oswal Finvest LimitedBond - Corporate Bond10.01 Cr1.68%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond10 Cr1.68%
Muthoot Finance LimitedBond - Corporate Bond9.99 Cr1.68%
REC Ltd. 7.64%Bond - Corporate Bond9.98 Cr1.68%
Cholamandalam Investment And Finance Company LimitedBond - Corporate Bond9.98 Cr1.68%
Small Industries Development Bank Of IndiaBond - Corporate Bond9.94 Cr1.67%
Power Finance Corporation Ltd.Bond - Corporate Bond9.93 Cr1.67%
Hdb Financial Services LimitedBond - Corporate Bond9.77 Cr1.64%
Indostar Capital Finance LimitedCash - Commercial Paper9.76 Cr1.64%
India (Republic of)Bond - Short-term Government Bills9.72 Cr1.63%
Axis Bank LimitedCash - CD/Time Deposit9.5 Cr1.60%
Kotak Mahindra Bank Ltd.Bond - Corporate Bond9.48 Cr1.59%
HDFC Bank Ltd.Bond - Corporate Bond9.42 Cr1.58%
HDFC Bank LimitedCash - CD/Time Deposit9.38 Cr1.58%
Net Receivables / (Payables)Cash8.09 Cr1.36%
Nexus Select TrustBond - Corporate Bond7.47 Cr1.26%
Bharti Telecom LimitedBond - Corporate Bond7 Cr1.18%
Bharti Telecom LimitedBond - Corporate Bond6.01 Cr1.01%
Birla Group Holdings Private LimitedCash - Commercial Paper5.63 Cr0.95%
7.37% Govt Stock 2028Bond - Gov't/Treasury5.03 Cr0.85%
TrepsCash - Repurchase Agreement4.99 Cr0.84%
Embassy Office Parks ReitBond - Corporate Bond4.99 Cr0.84%
Mahindra & Mahindra Financial Services LtdBond - Corporate Bond4.99 Cr0.84%
Axis Bank LimitedCash - CD/Time Deposit4.98 Cr0.84%
Bajaj Finance LimitedBond - Corporate Bond4.98 Cr0.84%
Small Industries Development Bank Of IndiaBond - Corporate Bond4.98 Cr0.84%
7.06% Govt Stock 2028Bond - Gov't/Treasury4.98 Cr0.84%
Power Finance Corporation LimitedBond - Corporate Bond4.97 Cr0.83%
Small Industries Development Bank Of IndiaBond - Corporate Bond4.94 Cr0.83%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond4.91 Cr0.83%
LIC Housing Finance LtdBond - Corporate Bond4.91 Cr0.82%
India (Republic of)Bond - Short-term Government Bills4.88 Cr0.82%
Motilal Oswal Financial Services LtdCash - Commercial Paper4.65 Cr0.78%
07.75 KA Sdl 2027Bond - Gov't/Treasury2.52 Cr0.42%
Class A2 units of Alternative Investment Fund Units #Mutual Fund - Open End1.55 Cr0.26%
Rural Electrification Corporation LimitedBond - Corporate Bond1.49 Cr0.25%
7.38% Govt Stock 2027Bond - Gov't/Treasury1.01 Cr0.17%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond295.36 Cr49.64%
Cash - CD/Time Deposit113.57 Cr19.09%
Cash - Commercial Paper66.4 Cr11.16%
Bond - Gov't Agency Debt42.42 Cr7.13%
Bond - Short-term Government Bills38.98 Cr6.55%
Bond - Gov't/Treasury23.59 Cr3.97%
Cash8.09 Cr1.36%
Cash - Repurchase Agreement4.99 Cr0.84%
Mutual Fund - Open End1.55 Cr0.26%

Risk & Performance Ratios

Standard Deviation

This fund

1.08%

Cat. avg.

0.90%

Lower the better

Sharpe Ratio

This fund

-0.07

Cat. avg.

-0.61

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.24

Higher the better

Fund Managers

BB

Basant Bafna

Since February 2024

Additional Scheme Detailsas of 30th April 2024

ISININF769K01846Expense Ratio0.87%Exit LoadNo ChargesFund Size₹595 CrAge05 Mar 2008Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY Low Duration Debt 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.

Similar Low Duration Funds

Fund nameExpense RatioExit LoadFund size
1Y
Mahindra Manulife Low Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹561.13 Cr7.6%
Mahindra Manulife Low Duration Fund Regular Growth

Moderate Risk

1.1%0.0%₹561.13 Cr6.8%
Tata Treasury Advantage Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹2349.85 Cr6.9%
Kotak Low Duration Fund Regular Growth

Moderate Risk

1.2%0.0%₹9235.14 Cr6.8%
Mirae Asset Savings Fund Regular Growth

Moderate Risk

0.9%0.0%₹594.96 Cr7.1%
HDFC Low Duration Fund Regular Growth

Low to Moderate Risk

1.1%0.0%₹16714.34 Cr7.1%
Bandhan Low Duration Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹5228.75 Cr6.9%
Canara Robeco Savings Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹836.57 Cr7.0%
ICICI Prudential Savings Fund Regular Growth

Moderate Risk

0.5%0.0%₹18176.12 Cr7.8%
Sundaram Low Duration Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹514.99 Cr6.6%

About the AMC

Total AUM

₹1,63,012 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

High Risk

0.4%1.0%₹1406.88 Cr-
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.4%1.0%₹3351.36 Cr37.7%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹10073.98 Cr7.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.6%1.0%₹34974.46 Cr40.7%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹38060.19 Cr24.0%
Mirae Asset Savings Fund Direct Growth

Moderate Risk

0.2%0.0%₹594.96 Cr7.4%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹145.28 Cr7.6%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹8312.74 Cr18.4%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹155.33 Cr6.6%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1570.17 Cr82.7%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹8545.85 Cr25.3%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹705.09 Cr34.9%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹111.07 Cr28.2%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹531.86 Cr48.5%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹795.72 Cr6.8%
Mirae Asset Ultra Short Duration Fund Direct Growth

Moderate Risk

0.2%0.0%₹1463.94 Cr7.6%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹1815.41 Cr33.8%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.6%1.0%₹1702.61 Cr24.3%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.4%1.0%₹2683.33 Cr-
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.5%0.0%₹78.52 Cr60.1%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹22471.76 Cr36.2%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹83.22 Cr6.8%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹49.85 Cr6.6%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.8%0.0%₹72.50 Cr7.2%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹1019.74 Cr17.7%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹59.30 Cr6.7%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹316.95 Cr44.0%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

2.0%1.0%₹95.84 Cr2.2%
Mirae Asset Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹865.39 Cr6.8%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹346.19 Cr7.0%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹225.99 Cr6.2%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹103.31 Cr6.9%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.5%1.0%₹2236.01 Cr52.1%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹1870.00 Cr8.5%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹15139.44 Cr53.0%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1570.06 Cr22.3%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of Mirae Asset Savings Fund Regular Growth, as of 31-Oct-2019, is ₹1963.07.
The fund has generated 7.08% over the last 1 year and 6.33% 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, 63.09% in bonds, and 36.65% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Savings Fund Regular Growth are:-
  1. Basant Bafna