Mirae Asset Low Duration Fund
NAV
₹2,644.41
as of 21 Aug 2026
Mirae Asset Low Duration Fund is an open-ended Low Duration Fund scheme from Mirae Asset Mutual Fund managing ₹2,085 crore (as of 30 Jun 2026). Its Direct-plan NAV is ₹2,644.41 as of 21 Aug 2026. The expense ratio is 0.16% a year. Managed by Basant Bafna. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.16% / yr
- as of 30 Jun 2026
- Fund size
- ₹2,085 crore
- as of 30 Jun 2026
- Exit load
- None
- SIP available
- Yes
- Launched
- 3 Mar 2008
- ISIN
- INF769K01BO9
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026
Mirae Asset Low Duration Fund
₹137
+37% on ₹100 over 5.0 yrs
Low Duration Fund average
₹131
+31% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 2.29% | – | – |
| 6 months | 3.25% | – | – |
| 1 year | 6.42% | – | – |
| 3 years (CAGR) | 7.49% | – | – |
| 5 years (CAGR) | 6.57% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- 3.6%
- Median
- 7.4%
- Best
- 8.6%
49 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 2 Aug 2021. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 6.0%
- Median
- 7.5%
- Best
- 7.8%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 2 Aug 2021. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 1.52
- Sharpe ratio (5Y)
- 1.00
- Sortino ratio (3Y)
- 3.97 vs category 1.93
- Standard deviation (3Y)
- 0.66%
- Deepest fall (5Y)
- -0.05%
Where the money actually is
Bonds
65.3%
Cash
34.4%
Other
0.3%
Whole-portfolio split, as of 15 Jul 2026.
What it owns
77 positions · top 10 = 17.3%
Top holdings
- ICICI Bank Ltd.matures 25 Mar 20273.97%
- Knowledge Realty TRustmatures 8 May 20293.83%
- National Bank For Agriculture And Rural Developmentmatures 15 Mar 20273.68%
- 28/08/2026 Maturing 364 DTBmatures 28 Aug 20263.66%
- HDFC Bank Limitedmatures 3 Dec 20273.47%
- National Bank For Agriculture And Rural Developmentmatures 14 Jan 20273.31%
- Small Industries Development Bank Of Indiamatures 14 May 20272.46%
- Mindspace Business Parks Reitmatures 8 Dec 20282.42%
- Days T-Billmatures 3 Dec 20262.40%
- Small Industries Development Bank Of Indiamatures 3 Dec 20262.39%
Holdings as of 15 Jul 2026. Portfolio turnover 528.6% a year.
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The debt it holds
- Yield to maturity
- 7.07% vs category 7.11%
- Modified duration
- 0.90 yrs vs category 0.89 yrs
- Average maturity
- 1.06 yrs vs category 1.09 yrs
- Average coupon
- 7.61%
- Government securities
- 20.2%
Credit quality
- AAA
- 85.5%
- AA
- 14.5%
Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 30 Jun 2026.
Portfolio characteristics as of 15 Jul 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.
Money in, money out
- Net flow, 12 months
- +₹520 cr
- Net flow, 3 months
- −₹248 cr
as of 30 Jun 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Mirae Asset Low Duration Fund?
- ₹2,644.41 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Mirae Asset Low Duration Fund?
- 0.16% a year for the Direct plan, as of 30 Jun 2026.
- How large is Mirae Asset Low Duration Fund?
- ₹2,085 crore under management as of 30 Jun 2026, in the Low Duration Fund category.
- How risky is Mirae Asset Low Duration Fund?
- Its SEBI Riskometer reading is "Low to Moderate Risk". Three months to three years of lending. Where sensible near-term money quietly sits.
- What are the 5-year returns of Mirae Asset Low Duration Fund?
- 6.57% a year over the last 5 years (Direct plan, CAGR). Past returns do not predict future returns.
- What is the worst 3-year return of Mirae Asset Low Duration Fund?
- 6.0% a year — the weakest of 25 overlapping 3-year holding periods, beginning 2 Aug 2021. The median was 7.5% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Mirae Asset Low Duration Fund?
- Basant Bafna, managing this fund for 2.5 years.
Where this fund sits
Its shelf, all funds
Sd · Short duration →
Three months to three years of lending. Where sensible near-term money quietly sits.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Low Duration Fund funds
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.