Mirae Asset Short Duration Fund
NAV
₹17.79
as of 21 Aug 2026
Mirae Asset Short Duration Fund is an open-ended Short Duration Fund scheme from Mirae Asset Mutual Fund managing ₹543 crore (as of 30 Jun 2026). Its Direct-plan NAV is ₹17.79 as of 21 Aug 2026. The expense ratio is 0.19% a year. Managed by Basant Bafna. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.19% / yr
- as of 30 Jun 2026
- Fund size
- ₹543 crore
- as of 30 Jun 2026
- Exit load
- None
- SIP available
- Yes
- Launched
- 16 Mar 2018
- ISIN
- INF769K01DX6
₹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 Short Duration Fund
₹137
+37% on ₹100 over 5.0 yrs
Short Duration Fund average
₹136
+36% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 2.69% | – | – |
| 6 months | 2.69% | – | – |
| 1 year | 5.60% | – | – |
| 3 years (CAGR) | 7.54% | – | – |
| 5 years (CAGR) | 6.46% | – | – |
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
- 3.0%
- Median
- 7.2%
- Best
- 10.2%
49 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 1 Oct 2021. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 5.9%
- Median
- 7.5%
- Best
- 8.2%
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)
- 0.74
- Sharpe ratio (5Y)
- 0.44
- Sortino ratio (3Y)
- 1.42 vs category 0.89
- Standard deviation (3Y)
- 1.43%
- Deepest fall (5Y)
- -0.51%
Where the money actually is
Bonds
92.1%
Cash
7.4%
Other
0.5%
Whole-portfolio split, as of 15 Jul 2026.
What it owns
46 positions · top 10 = 49.4%
Top holdings
- 6.68% Govt Stock 2040matures 7 Jul 20408.08%
- Export Import Bank Of Indiamatures 12 Apr 20287.42%
- Bajaj Finance Limitedmatures 12 May 20314.64%
- LIC Housing Finance Ltdmatures 16 May 20284.63%
- National Bank For Agriculture And Rural Developmentmatures 15 Sep 20284.62%
- Torrent Pharmaceuticals Ltdmatures 19 Jan 20294.60%
- Larsen And Toubro Limitedmatures 19 Jun 20284.55%
- Small Industries Development Bank Of Indiamatures 9 Jul 20274.44%
- Small Industries Development Bank Of Indiamatures 10 Jan 20294.37%
- Knowledge Realty TRustmatures 8 May 20293.70%
Holdings as of 15 Jul 2026. Portfolio turnover 563.3% 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
- 7.33% vs category 7.22%
- Modified duration
- 2.83 yrs vs category 2.27 yrs
- Average maturity
- 5.47 yrs vs category 3.32 yrs
- Average coupon
- 7.41%
- Government securities
- 24.8%
Credit quality
- AAA
- 81.8%
- AA
- 18.2%
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
- −₹641 cr
- Net flow, 3 months
- −₹63 cr
as of 30 Jun 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Mirae Asset Short Duration Fund?
- ₹17.79 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 Short Duration Fund?
- 0.19% a year for the Direct plan, as of 30 Jun 2026.
- How large is Mirae Asset Short Duration Fund?
- ₹543 crore under management as of 30 Jun 2026, in the Short Duration Fund category.
- How risky is Mirae Asset Short 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 Short Duration Fund?
- 6.46% 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 Short Duration Fund?
- 5.9% 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 Short Duration Fund?
- Basant Bafna, managing this fund for 3.5 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 Short Duration Fund funds
- ICICI Prudential Short Term Fund₹19,260 crore
- HDFC Short Term Debt Fund₹15,081 crore
- Kotak Bond Short Term Fund₹14,292 crore
- SBI SHORT TERM DEBT FUND₹14,001 crore
- UTI Short Duration Fund₹2,039 crore
- Invesco India Short Duration Fund₹638 crore
- Canara Robeco Short Duration Fund₹289 crore
- BANK OF INDIA SHORT TERM INCOME FUND₹272 crore
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.