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Mutual Funds
Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal

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Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal

Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal

  • Moderate Risk
  • Fixed Income
  • Short Duration
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NAV as on Feb 28, 2025
i
Price per unit of the scheme.
₹ 16.0754 0.00% 1 Day Change
0.54%
Minimum Investment ₹5000
Expense Ratio 0.32%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
4
Scheme Rating
*Morningstar Rating Methodologyi

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

FUND PERFORMANCE

(As On --)
Compare fund’s performance against category average across different time periods
1M 3M 6M 1Y 3Y 5Y
-- Out of -- funds in the category
Category Avg Return
--
Fund Return
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

This Fund
Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal
VS
Fixed Income: Short Duration Average NAV
Topper in Fixed Income: Short Duration
All Fund
*For the other fund, rescaled NAVs are used
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RETURN CALCULATOR

Check the return on your investment in the fund
Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal
Investment Type
MONTHLY SIP ONE -TIME
Monthly Investment
Time Period (yrs)
Annual Return in %
  • Invested Amount
    ₹0
  • Return
    ₹0
  • Current Value
    ₹0

FUND SUMMARY

Benchmark
CRISIL Short Duration Debt B-II TR INR
Expense Ratio
0.32 %
Category Avg Expense Ratio
0.35%
Minimum Investment (Lumpsum/SIP)
₹5000/₹1000
Lock In (Years)
No Lock-in
Fund Size
₹ 342.45 Cr(As on Jan, 2025)
Inception Date
Mar 16, 2018
Turnover
0.00 %
Exit Load
Nil

ABOUT THE FUND

Objective: The investment objective of the scheme is to seek to generate returns through an actively managed diversified portfolio of debt and money market instruments with Macaulay duration of the portfolio is between 1 year to 3 years.However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal is an Fixed Income - Short Duration fund. The fund was launched in Mar 16, 2018. Its risk level is Moderate. The NAV of the fund as on Feb 28, 2025 is ₹16.08. Its expense ratio is 0.32 %. The fund has an AUM of ₹342.45 Cr.The fund is managed by Amit Modani, Basant Bafna. The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Amit Modani
i
Lead Fund Manager.
Jul 6, 2021- Present
  • Fund Manager Rank 23 Out of 111
    i
    Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
  • Schemes managed 10
  • Total AUM ₹ 21,344.58 Cr
  • Highest Return In 1 Yr 9.05 %
Other Funds
  • table
  • card
1M 3M 6M 1Y 3Y 5Y
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Mirae Asset Dynamic Bond Fund Direct Growth Mirae Asset Dynamic Bond Fund Direct Growth
₹17.09
0.51%
0.10%
Moderate Risk
₹118.44Cr
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
--
₹11.97
0.59%
--
Moderate Risk
₹810.07Cr
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth
--
₹11.85
0.57%
--
Low to Moderate Risk
₹94.14Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Mirae Asset Dynamic Bond Fund Direct Growth Mirae Asset Dynamic Bond Fund Direct Growth
₹17.09
1.76%
0.77%
Moderate Risk
₹118.44Cr
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
--
₹11.97
1.91%
--
Moderate Risk
₹810.07Cr
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth
--
₹11.85
1.78%
--
Low to Moderate Risk
₹94.14Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Mirae Asset Dynamic Bond Fund Direct Growth Mirae Asset Dynamic Bond Fund Direct Growth
₹17.09
3.65%
2.45%
Moderate Risk
₹118.44Cr
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
--
₹11.97
3.76%
--
Moderate Risk
₹810.07Cr
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth
--
₹11.85
3.59%
--
Low to Moderate Risk
₹94.14Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Mirae Asset Dynamic Bond Fund Direct Growth Mirae Asset Dynamic Bond Fund Direct Growth
₹17.09
7.85%
6.90%
Moderate Risk
₹118.44Cr
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
₹11.97
8.35%
--
Moderate Risk
₹810.07Cr
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth
₹11.85
7.65%
--
Low to Moderate Risk
₹94.14Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Mirae Asset Dynamic Bond Fund Direct Growth Mirae Asset Dynamic Bond Fund Direct Growth
₹17.09
5.86%
6.30%
Moderate Risk
₹118.44Cr
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
--
₹11.97
--
--
Moderate Risk
₹810.07Cr
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth
--
₹11.85
--
--
Low to Moderate Risk
₹94.14Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Mirae Asset Dynamic Bond Fund Direct Growth Mirae Asset Dynamic Bond Fund Direct Growth
₹17.09
6.03%
5.94%
Moderate Risk
₹118.44Cr
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
--
₹11.97
--
--
Moderate Risk
₹810.07Cr
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth
--
₹11.85
--
--
Low to Moderate Risk
₹94.14Cr
1M 3M 6M 1Y 3Y 5Y
Mirae Asset Dynamic Bond Fund Direct Growth Mirae Asset Dynamic Bond Fund Direct Growth
Moderate Risk
  • NAV ₹17.09
  • Fund Size ₹118.44Cr
Fund Return 0.51%
Category Return 0.10%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
Moderate Risk --
  • NAV ₹11.97
  • Fund Size ₹810.07Cr
Fund Return 0.59%
Category Return --
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth
Low to Moderate Risk --
  • NAV ₹11.85
  • Fund Size ₹94.14Cr
Fund Return 0.57%
Category Return --
Mirae Asset Dynamic Bond Fund Direct Growth Mirae Asset Dynamic Bond Fund Direct Growth
Moderate Risk
  • NAV ₹17.09
  • Fund Size ₹118.44Cr
Fund Return 1.76%
Category Return 0.77%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
Moderate Risk --
  • NAV ₹11.97
  • Fund Size ₹810.07Cr
Fund Return 1.91%
Category Return --
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth
Low to Moderate Risk --
  • NAV ₹11.85
  • Fund Size ₹94.14Cr
Fund Return 1.78%
Category Return --
Mirae Asset Dynamic Bond Fund Direct Growth Mirae Asset Dynamic Bond Fund Direct Growth
Moderate Risk
  • NAV ₹17.09
  • Fund Size ₹118.44Cr
Fund Return 3.65%
Category Return 2.45%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
Moderate Risk --
  • NAV ₹11.97
  • Fund Size ₹810.07Cr
Fund Return 3.76%
Category Return --
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth
Low to Moderate Risk --
  • NAV ₹11.85
  • Fund Size ₹94.14Cr
Fund Return 3.59%
Category Return --
Mirae Asset Dynamic Bond Fund Direct Growth Mirae Asset Dynamic Bond Fund Direct Growth
Moderate Risk
  • NAV ₹17.09
  • Fund Size ₹118.44Cr
Fund Return 7.85%
Category Return 6.90%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
Moderate Risk --
  • NAV ₹11.97
  • Fund Size ₹810.07Cr
Fund Return 8.35%
Category Return --
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth
Low to Moderate Risk --
  • NAV ₹11.85
  • Fund Size ₹94.14Cr
Fund Return 7.65%
Category Return --
Mirae Asset Dynamic Bond Fund Direct Growth Mirae Asset Dynamic Bond Fund Direct Growth
Moderate Risk
  • NAV ₹17.09
  • Fund Size ₹118.44Cr
Fund Return 5.86%
Category Return 6.30%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
Moderate Risk --
  • NAV ₹11.97
  • Fund Size ₹810.07Cr
Fund Return --
Category Return --
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth
Low to Moderate Risk --
  • NAV ₹11.85
  • Fund Size ₹94.14Cr
Fund Return --
Category Return --
Mirae Asset Dynamic Bond Fund Direct Growth Mirae Asset Dynamic Bond Fund Direct Growth
Moderate Risk
  • NAV ₹17.09
  • Fund Size ₹118.44Cr
Fund Return 6.03%
Category Return 5.94%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
Moderate Risk --
  • NAV ₹11.97
  • Fund Size ₹810.07Cr
Fund Return --
Category Return --
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth Mirae Asset Nifty AAA PSU Bond Plus SDL Apr2026 50:50 Idx Direct Growth
Low to Moderate Risk --
  • NAV ₹11.85
  • Fund Size ₹94.14Cr
Fund Return --
Category Return --
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
Basant Bafna
Jan 16, 2023- Present
  • Schemes managed 6
  • Total AUM ₹ 5,564.23 Cr
  • Highest Return In 1 Yr 8.34 %
Other Funds
  • table
  • card
1M 3M 6M 1Y 3Y 5Y
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Mirae Asset Corporate Bond Fund Direct Growth Mirae Asset Corporate Bond Fund Direct Growth
--
₹12.55
0.37%
0.31%
Moderate Risk
₹41.56Cr
Mirae Asset Ultra Short Duration Fund Direct Growth Mirae Asset Ultra Short Duration Fund Direct Growth
--
₹1,286.41
0.57%
0.41%
Moderate Risk
₹1,781.56Cr
Mirae Asset Money Market Fund Direct Growth Mirae Asset Money Market Fund Direct Growth
--
₹1,241.95
0.57%
0.40%
Low to Moderate Risk
₹1,956.72Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Mirae Asset Corporate Bond Fund Direct Growth Mirae Asset Corporate Bond Fund Direct Growth
--
₹12.55
1.70%
1.24%
Moderate Risk
₹41.56Cr
Mirae Asset Ultra Short Duration Fund Direct Growth Mirae Asset Ultra Short Duration Fund Direct Growth
--
₹1,286.41
1.82%
1.42%
Moderate Risk
₹1,781.56Cr
Mirae Asset Money Market Fund Direct Growth Mirae Asset Money Market Fund Direct Growth
--
₹1,241.95
1.81%
1.36%
Low to Moderate Risk
₹1,956.72Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Mirae Asset Corporate Bond Fund Direct Growth Mirae Asset Corporate Bond Fund Direct Growth
--
₹12.55
3.63%
3.15%
Moderate Risk
₹41.56Cr
Mirae Asset Ultra Short Duration Fund Direct Growth Mirae Asset Ultra Short Duration Fund Direct Growth
--
₹1,286.41
3.75%
3.11%
Moderate Risk
₹1,781.56Cr
Mirae Asset Money Market Fund Direct Growth Mirae Asset Money Market Fund Direct Growth
--
₹1,241.95
3.73%
2.96%
Low to Moderate Risk
₹1,956.72Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Mirae Asset Corporate Bond Fund Direct Growth Mirae Asset Corporate Bond Fund Direct Growth
₹12.55
8.09%
7.31%
Moderate Risk
₹41.56Cr
Mirae Asset Ultra Short Duration Fund Direct Growth Mirae Asset Ultra Short Duration Fund Direct Growth
₹1,286.41
7.84%
6.71%
Moderate Risk
₹1,781.56Cr
Mirae Asset Money Market Fund Direct Growth Mirae Asset Money Market Fund Direct Growth
₹1,241.95
7.81%
6.67%
Low to Moderate Risk
₹1,956.72Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Mirae Asset Corporate Bond Fund Direct Growth Mirae Asset Corporate Bond Fund Direct Growth
--
₹12.55
6.30%
6.09%
Moderate Risk
₹41.56Cr
Mirae Asset Ultra Short Duration Fund Direct Growth Mirae Asset Ultra Short Duration Fund Direct Growth
--
₹1,286.41
6.90%
6.18%
Moderate Risk
₹1,781.56Cr
Mirae Asset Money Market Fund Direct Growth Mirae Asset Money Market Fund Direct Growth
--
₹1,241.95
6.79%
6.30%
Low to Moderate Risk
₹1,956.72Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Mirae Asset Corporate Bond Fund Direct Growth Mirae Asset Corporate Bond Fund Direct Growth
--
₹12.55
--
6.09%
Moderate Risk
₹41.56Cr
Mirae Asset Ultra Short Duration Fund Direct Growth Mirae Asset Ultra Short Duration Fund Direct Growth
--
₹1,286.41
--
5.36%
Moderate Risk
₹1,781.56Cr
Mirae Asset Money Market Fund Direct Growth Mirae Asset Money Market Fund Direct Growth
--
₹1,241.95
--
5.53%
Low to Moderate Risk
₹1,956.72Cr
1M 3M 6M 1Y 3Y 5Y
Mirae Asset Corporate Bond Fund Direct Growth Mirae Asset Corporate Bond Fund Direct Growth
Moderate Risk --
  • NAV ₹12.55
  • Fund Size ₹41.56Cr
Fund Return 0.37%
Category Return 0.31%
Mirae Asset Ultra Short Duration Fund Direct Growth Mirae Asset Ultra Short Duration Fund Direct Growth
Moderate Risk --
  • NAV ₹1,286.41
  • Fund Size ₹1,781.56Cr
Fund Return 0.57%
Category Return 0.41%
Mirae Asset Money Market Fund Direct Growth Mirae Asset Money Market Fund Direct Growth
Low to Moderate Risk --
  • NAV ₹1,241.95
  • Fund Size ₹1,956.72Cr
Fund Return 0.57%
Category Return 0.40%
Mirae Asset Corporate Bond Fund Direct Growth Mirae Asset Corporate Bond Fund Direct Growth
Moderate Risk --
  • NAV ₹12.55
  • Fund Size ₹41.56Cr
Fund Return 1.70%
Category Return 1.24%
Mirae Asset Ultra Short Duration Fund Direct Growth Mirae Asset Ultra Short Duration Fund Direct Growth
Moderate Risk --
  • NAV ₹1,286.41
  • Fund Size ₹1,781.56Cr
Fund Return 1.82%
Category Return 1.42%
Mirae Asset Money Market Fund Direct Growth Mirae Asset Money Market Fund Direct Growth
Low to Moderate Risk --
  • NAV ₹1,241.95
  • Fund Size ₹1,956.72Cr
Fund Return 1.81%
Category Return 1.36%
Mirae Asset Corporate Bond Fund Direct Growth Mirae Asset Corporate Bond Fund Direct Growth
Moderate Risk --
  • NAV ₹12.55
  • Fund Size ₹41.56Cr
Fund Return 3.63%
Category Return 3.15%
Mirae Asset Ultra Short Duration Fund Direct Growth Mirae Asset Ultra Short Duration Fund Direct Growth
Moderate Risk --
  • NAV ₹1,286.41
  • Fund Size ₹1,781.56Cr
Fund Return 3.75%
Category Return 3.11%
Mirae Asset Money Market Fund Direct Growth Mirae Asset Money Market Fund Direct Growth
Low to Moderate Risk --
  • NAV ₹1,241.95
  • Fund Size ₹1,956.72Cr
Fund Return 3.73%
Category Return 2.96%
Mirae Asset Corporate Bond Fund Direct Growth Mirae Asset Corporate Bond Fund Direct Growth
Moderate Risk --
  • NAV ₹12.55
  • Fund Size ₹41.56Cr
Fund Return 8.09%
Category Return 7.31%
Mirae Asset Ultra Short Duration Fund Direct Growth Mirae Asset Ultra Short Duration Fund Direct Growth
Moderate Risk --
  • NAV ₹1,286.41
  • Fund Size ₹1,781.56Cr
Fund Return 7.84%
Category Return 6.71%
Mirae Asset Money Market Fund Direct Growth Mirae Asset Money Market Fund Direct Growth
Low to Moderate Risk --
  • NAV ₹1,241.95
  • Fund Size ₹1,956.72Cr
Fund Return 7.81%
Category Return 6.67%
Mirae Asset Corporate Bond Fund Direct Growth Mirae Asset Corporate Bond Fund Direct Growth
Moderate Risk --
  • NAV ₹12.55
  • Fund Size ₹41.56Cr
Fund Return 6.30%
Category Return 6.09%
Mirae Asset Ultra Short Duration Fund Direct Growth Mirae Asset Ultra Short Duration Fund Direct Growth
Moderate Risk --
  • NAV ₹1,286.41
  • Fund Size ₹1,781.56Cr
Fund Return 6.90%
Category Return 6.18%
Mirae Asset Money Market Fund Direct Growth Mirae Asset Money Market Fund Direct Growth
Low to Moderate Risk --
  • NAV ₹1,241.95
  • Fund Size ₹1,956.72Cr
Fund Return 6.79%
Category Return 6.30%
Mirae Asset Corporate Bond Fund Direct Growth Mirae Asset Corporate Bond Fund Direct Growth
Moderate Risk --
  • NAV ₹12.55
  • Fund Size ₹41.56Cr
Fund Return --
Category Return 6.09%
Mirae Asset Ultra Short Duration Fund Direct Growth Mirae Asset Ultra Short Duration Fund Direct Growth
Moderate Risk --
  • NAV ₹1,286.41
  • Fund Size ₹1,781.56Cr
Fund Return --
Category Return 5.36%
Mirae Asset Money Market Fund Direct Growth Mirae Asset Money Market Fund Direct Growth
Low to Moderate Risk --
  • NAV ₹1,241.95
  • Fund Size ₹1,956.72Cr
Fund Return --
Category Return 5.53%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Feb 2025
EQUITY (0.00%)
DEBT (86.71%)
CASH (12.96%)
OTHERS (0.33%)
Allocation by Market Cap

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.
  • Consistency
    i
    It represents the consistency of a fund in beating its benchmark.
    --
  • Downside Risk
    i
    Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    --
  • Risk Adjusted Return
    i
    Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    --
  • Volatility
    i
    Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    --
  • Upside Capture Ratio
    i
    Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    --
  • Downside Capture Ratio
    i
    Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
    --

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
  • Alpha: Excess return of the fund over benchmark
    i
    Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
    0.28
    This Fund
    VS
    0.04
    Category Avg
  • Beta: Risk of the fund in relation to benchmark
    i
    Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
    0.81
    This Fund
    VS
    0.92
    Category Avg
  • Sortino Ratio: Return per unit of bad risk
    i
    A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
    0.38
    This Fund
    VS
    0.22
    Category Avg
  • R-Squared: How well the fund tracks benchmark
    i
    R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
    86.29
    This Fund
    VS
    65.31
    Category Avg
  • Sharpe Ratio: Risk adjusted return of the fund
    i
    Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
    0.28
    This Fund
    VS
    0.29
    Category Avg
  • Standard Devation: Volatility of the fund
    i
    Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
    1.00
    This Fund
    VS
    1.67
    Category Avg
Benchmark used in calculation : CRISIL Short Term Bond TR INR

PEER ANALYSIS

1M 3M 6M 1Y 3Y 5Y
  • table
  • card
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
ICICI Prudential Short Term Fund Direct Plan Bonus ICICI Prudential Short Term Fund Direct Plan Bonus
₹40.96
1.37%
0.36%
Moderate Risk
₹19,847.73 Cr
Nippon India Short Term Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl Nippon India Short Term Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl
₹22.48
0.82%
0.36%
Moderate Risk
₹5,932.40 Cr
Nippon India Short Term Fund Direct Plan Payout Inc Dist cum Cap Wdrl Nippon India Short Term Fund Direct Plan Payout Inc Dist cum Cap Wdrl
₹22.48
0.82%
0.36%
Moderate Risk
₹5,932.40 Cr
UTI - Short Term Income Fund - Direct Plan - Half Yearly Reinvestment Inc Dist cum Cap Wdrl UTI - Short Term Income Fund - Direct Plan - Half Yearly Reinvestment Inc Dist cum Cap Wdrl
₹13.35
0.80%
0.36%
Moderate Risk
₹2,337.67 Cr
Kotak Bond Short Term Plan Direct Half Yearly Reinvestment of Inc Dis cum Cap Wdrl Kotak Bond Short Term Plan Direct Half Yearly Reinvestment of Inc Dis cum Cap Wdrl
₹15.90
0.76%
0.36%
Low to Moderate Risk
₹16,979.34 Cr
Kotak Bond Short Term Plan Direct Half Yearly Payout of Inc Dis cum Cap Wdrl Kotak Bond Short Term Plan Direct Half Yearly Payout of Inc Dis cum Cap Wdrl
₹15.90
0.76%
0.36%
Low to Moderate Risk
₹16,979.34 Cr
ICICI Prudential Short Term Fund Direct Plan Bonus ICICI Prudential Short Term Fund Direct Plan Bonus
MODERATE RISK
  • NAV ₹40.96
  • Fund Size ₹19,847.73 Cr
Fund Return 1.37%
Category Return 0.36%
Nippon India Short Term Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl Nippon India Short Term Fund Direct Plan Reinvestment Inc Dist cum Cap Wdrl
MODERATE RISK
  • NAV ₹22.48
  • Fund Size ₹5,932.40 Cr
Fund Return 0.82%
Category Return 0.36%
Nippon India Short Term Fund Direct Plan Payout Inc Dist cum Cap Wdrl Nippon India Short Term Fund Direct Plan Payout Inc Dist cum Cap Wdrl
MODERATE RISK
  • NAV ₹22.48
  • Fund Size ₹5,932.40 Cr
Fund Return 0.82%
Category Return 0.36%
UTI - Short Term Income Fund - Direct Plan - Half Yearly Reinvestment Inc Dist cum Cap Wdrl UTI - Short Term Income Fund - Direct Plan - Half Yearly Reinvestment Inc Dist cum Cap Wdrl
MODERATE RISK
  • NAV ₹13.35
  • Fund Size ₹2,337.67 Cr
Fund Return 0.80%
Category Return 0.36%
Kotak Bond Short Term Plan Direct Half Yearly Reinvestment of Inc Dis cum Cap Wdrl Kotak Bond Short Term Plan Direct Half Yearly Reinvestment of Inc Dis cum Cap Wdrl
LOW TO MODERATE RISK
  • NAV ₹15.90
  • Fund Size ₹16,979.34 Cr
Fund Return 0.76%
Category Return 0.36%
Kotak Bond Short Term Plan Direct Half Yearly Payout of Inc Dis cum Cap Wdrl Kotak Bond Short Term Plan Direct Half Yearly Payout of Inc Dis cum Cap Wdrl
LOW TO MODERATE RISK
  • NAV ₹15.90
  • Fund Size ₹16,979.34 Cr
Fund Return 0.76%
Category Return 0.36%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Top funds from this amc

1M 3M 6M 1Y 3Y 5Y
  • table
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Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
--
₹13.10
27.46%
--
Very High Risk
₹86.32 Cr
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth
--
₹10.38
3.74%
--
Very High Risk
₹57.25 Cr
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth
--
₹11.63
0.67%
--
Moderate Risk
₹70.76 Cr
Mirae Asset Savings Fund Direct Plan Growth Mirae Asset Savings Fund Direct Plan Growth
₹2,386.45
0.60%
0.43%
Moderate Risk
₹1,392.91 Cr
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
--
₹11.97
0.59%
--
Moderate Risk
₹810.07 Cr
Mirae Asset Ultra Short Duration Fund Direct Growth Mirae Asset Ultra Short Duration Fund Direct Growth
--
₹1,286.41
0.57%
0.46%
Moderate Risk
₹1,781.56 Cr
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth
VERY HIGH RISK --
  • NAV ₹13.10
  • Fund Size ₹86.32 Cr
Fund Return 27.46%
Category Return --
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth
VERY HIGH RISK --
  • NAV ₹10.38
  • Fund Size ₹57.25 Cr
Fund Return 3.74%
Category Return --
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth
MODERATE RISK --
  • NAV ₹11.63
  • Fund Size ₹70.76 Cr
Fund Return 0.67%
Category Return --
Mirae Asset Savings Fund Direct Plan Growth Mirae Asset Savings Fund Direct Plan Growth
MODERATE RISK
  • NAV ₹2,386.45
  • Fund Size ₹1,392.91 Cr
Fund Return 0.60%
Category Return 0.43%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth
MODERATE RISK --
  • NAV ₹11.97
  • Fund Size ₹810.07 Cr
Fund Return 0.59%
Category Return --
Mirae Asset Ultra Short Duration Fund Direct Growth Mirae Asset Ultra Short Duration Fund Direct Growth
MODERATE RISK --
  • NAV ₹1,286.41
  • Fund Size ₹1,781.56 Cr
Fund Return 0.57%
Category Return 0.46%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Mirae Asset Investment Managers (India) Private Limited
Mirae Asset Investment Managers (India) Private Limited manages assets worth ₹ 1,92,897.66 crores. It’s current offering of mutual fund schemes includes 21 equity, 13 debt and 11 hybrid schemes.
Phone
022-6780 0300
Email
customercare@miraeasset.com
AUM
₹ 1,92,897.66 Cr (
As on Jan 2025
)
Address
Unit No. 606, 6th Floor, ,Mumbai ,400 098

FAQ’S

What is the category of Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal ?
The category of Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal is Fixed Income - Short Duration
What is the current NAV of Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal ?
The current NAV of Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal (as on Feb 28, 2025) is ₹ 16.08
How safe is Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal?
The risk level of Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal is Moderate .
What are short term returns given by Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal?
The return given by Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal in 1 month is 0.54%, 3 months is 1.90%, 6 months is 3.89%, and 1 year is 8.29%.
What are the long term returns given by Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal?
The return given by Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal in 3 years is 6.73% and 5 years is 6.45%.
What is the expense ratio of Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal?
The expense ratio of Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal is 0.32 %
What is the AUM of Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal
The assets under Management (AUM) of Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal is Rs 342.45 crores.
What is the minimum investment in Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal?
The minimum Lumpsum investment in Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal is ₹5000 and the minimum SIP investment in Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal is ₹1000
What is the asset allocation of Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal?
The Mirae Asset Short Term Direct Reinvestment of Income Distribution cum capital withdrawal has an exposure of 86.71% in Debt and 12.96% in Cash & Money Market Securities

CALCULATORS

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