Previously Known As : Mirae Asset Savings Fund
Mirae Asset Low Duration Fund Datagrid
Category Low Duration Fund
BMSMONEY Rank 11
Rating
Growth Option 01-10-2026
NAV ₹2424.97(R) +0.04% ₹2661.94(D) +0.04%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.59% 6.76% 5.97% 5.72% 5.87%
Direct 6.31% 7.45% 6.64% 6.38% 6.56%
Benchmark
SIP (XIRR) Regular -10.02% 0.7% 3.78% 3.57% 4.23%
Direct -9.39% 1.39% 4.46% 4.23% 4.91%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.54 0.92 0.68 0.39% 0.04
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.65% 0.0% 0.0% 0.32 0.43%
Fund AUM As on: 30/12/2025 2678 Cr
Top Low Duration Fund
Fund Name Rank Rating
ICICI Prudential Savings Fund 1
UTI Low Duration Fund 2
Axis Treasury Advantage Fund 3
Tata Treasury Advantage Fund 4

NAV Date: 01-10-2026

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Low Duration Fund - Regular Plan - Daily IDCW 1005.16
0.0000
0.0000%
Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW 1012.06
0.4200
0.0400%
Mirae Asset Low Duration Fund - Direct Plan - Quarterly IDCW 1013.48
0.4300
0.0400%
Mirae Asset Low Duration Fund - Regular Plan - Monthly IDCW 1088.12
0.4500
0.0400%
Mirae Asset Low Duration Fund - Regular Plan - Weekly IDCW 1107.09
0.4600
0.0400%
Mirae Asset Low Duration Fund - Direct Plan - Monthly IDCW 1160.77
0.5000
0.0400%
Mirae Asset Low Duration Fund - Direct Plan - Daily IDCW 1208.93
0.0000
0.0000%
Mirae Asset Low Duration Fund - Direct Plan - Weekly IDCW 1455.01
0.6300
0.0400%
Mirae Asset Low Duration Fund - Regular Plan - Growth 2424.97
1.0000
0.0400%
Mirae Asset Low Duration Fund - Direct Plan - Growth 2661.94
1.1400
0.0400%

Review Date: 01-10-2026

Beginning of Analysis

Mirae Asset Low Duration Fund is the 11th ranked fund in the Low Duration Fund category. The category has total 19 funds. The 3 star rating shows an average past performance of the Mirae Asset Low Duration Fund in Low Duration Fund. The fund has a Jensen Alpha of 0.39% which is higher than the category average of 0.36%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 1.54 which is lower than the category average of 1.6.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Low Duration Mutual Funds are a category of debt mutual funds that invest in debt and money market instruments with a portfolio duration of 6 to 12 months. These funds aim to provide relatively stable returns with lower interest rate risk compared to longer-duration debt funds. They invest in a mix of instruments such as government securities, corporate bonds, and money market instruments. Low Duration Mutual Funds are ideal for conservative investors seeking stable returns with lower interest rate risk. These funds invest in debt and money market instruments with a portfolio duration of 6 to 12 months, making them less sensitive to interest rate changes compared to long-duration funds. While they offer moderate returns with relatively lower risk, they may underperform in a falling interest rate environment. Investors should carefully assess their risk tolerance, investment horizon, and financial goals before investing in these funds. Additionally, choosing funds managed by experienced professionals can help optimize risk-adjusted returns.

Mirae Asset Low Duration Fund Return Analysis

  • Mirae Asset Low Duration Fund has given a return of 6.31% in last one year. In the same period the Low Duration Fund category average return was 6.17%.
  • The fund has given a return of 7.45% in last three years and ranked 3.0rd out of nineteen funds in the category. In the same period the Low Duration Fund category average return was 7.32%.
  • The fund has given a return of 6.64% in last five years and ranked 8th out of seventeen funds in the category. In the same period the Low Duration Fund category average return was 6.59%.
  • The fund has given a return of 6.56% in last ten years and ranked 12th out of fifteen funds in the category. In the same period the category average return was 6.76%.
  • The fund has given a SIP return of -9.39% in last one year whereas category average SIP return is -9.58%. The fund one year return rank in the category is 3rd in 21 funds
  • The fund has SIP return of 1.39% in last three years and ranks 2nd in 19 funds. Nippon India Low Duration Fund has given the highest SIP return (1.4%) in the category in last three years.
  • The fund has SIP return of 4.46% in last five years whereas category average SIP return is 4.37%.

Mirae Asset Low Duration Fund Risk Analysis

  • The fund has a standard deviation of 0.65 and semi deviation of 0.43. The category average standard deviation is 0.64 and semi deviation is 0.42.
  • The fund has a beta of 0.2 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Low Duration Fund Category
  • Good Performance in Low Duration Fund Category
  • Poor Performance in Low Duration Fund Category
  • Very Poor Performance in Low Duration Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.41
    0.39
    		0.29 | 0.47 8 | 22 Good
    3M Return % 1.21
    1.20
    		1.02 | 1.41 10 | 22 Good
    1Y Return % 5.59
    5.59
    		4.97 | 6.16 10 | 21 Good
    3Y Return % 6.76
    6.76
    		6.22 | 7.27 10 | 19 Good
    5Y Return % 5.97
    6.07
    		5.47 | 6.53 11 | 17 Average
    7Y Return % 5.72
    6.15
    		5.40 | 7.77 15 | 17 Average
    10Y Return % 5.87
    6.27
    		5.82 | 6.96 13 | 15 Poor
    1Y SIP Return % -10.02
    -10.07
    		-10.68 | -9.62 9 | 21 Good
    3Y SIP Return % 0.70
    0.71
    		0.15 | 1.21 10 | 19 Good
    5Y SIP Return % 3.78
    3.84
    		3.24 | 4.40 11 | 17 Average
    7Y SIP Return % 3.57
    3.74
    		3.08 | 4.44 13 | 17 Average
    10Y SIP Return % 4.23
    4.51
    		3.97 | 5.15 13 | 15 Poor
    15Y SIP Return % 3.59
    5.04
    		3.59 | 5.75 13 | 13 Poor
    Standard Deviation 0.65
    0.64
    		0.59 | 0.70 15 | 19 Average
    Semi Deviation 0.43
    0.42
    		0.39 | 0.47 14 | 19 Average
    Sharpe Ratio 1.54
    1.60
    		0.85 | 2.49 11 | 19 Average
    Sterling Ratio 0.68
    0.69
    		0.63 | 0.75 11 | 19 Average
    Sortino Ratio 0.92
    0.99
    		0.44 | 1.87 10 | 19 Good
    Jensen Alpha % 0.39
    0.36
    		-0.07 | 0.82 9 | 19 Good
    Treynor Ratio 0.04
    0.04
    		0.02 | 0.05 10 | 19 Good
    Modigliani Square Measure % 1.41
    1.47
    		0.78 | 2.28 11 | 19 Average
    Alpha % -0.95
    -0.97
    		-1.45 | -0.35 9 | 19 Good
    Return data last Updated On : Oct. 1, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.46 0.43 0.34 | 0.49 5 | 24 Very Good
    3M Return % 1.37 1.33 1.17 | 1.45 7 | 24 Good
    1Y Return % 6.31 6.17 5.71 | 6.39 6 | 22 Very Good
    3Y Return % 7.45 7.32 7.12 | 7.47 3 | 19 Very Good
    5Y Return % 6.64 6.59 6.39 | 6.76 8 | 17 Good
    7Y Return % 6.38 6.67 6.16 | 8.17 13 | 17 Average
    10Y Return % 6.56 6.76 6.02 | 7.30 12 | 15 Average
    1Y SIP Return % -9.39 -9.58 -10.05 | -9.29 3 | 21 Very Good
    3Y SIP Return % 1.39 1.25 1.02 | 1.40 2 | 19 Very Good
    5Y SIP Return % 4.46 4.37 4.17 | 4.53 7 | 17 Good
    7Y SIP Return % 4.23 4.26 3.98 | 4.67 10 | 17 Good
    10Y SIP Return % 4.91 5.01 4.64 | 5.37 9 | 15 Average
    Standard Deviation 0.65 0.64 0.59 | 0.70 15 | 19 Average
    Semi Deviation 0.43 0.42 0.39 | 0.47 14 | 19 Average
    Sharpe Ratio 1.54 1.60 0.85 | 2.49 11 | 19 Average
    Sterling Ratio 0.68 0.69 0.63 | 0.75 11 | 19 Average
    Sortino Ratio 0.92 0.99 0.44 | 1.87 10 | 19 Good
    Jensen Alpha % 0.39 0.36 -0.07 | 0.82 9 | 19 Good
    Treynor Ratio 0.04 0.04 0.02 | 0.05 10 | 19 Good
    Modigliani Square Measure % 1.41 1.47 0.78 | 2.28 11 | 19 Average
    Alpha % -0.95 -0.97 -1.45 | -0.35 9 | 19 Good
    Return data last Updated On : Oct. 1, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Mirae Asset Low Duration Fund NAV Regular Growth Mirae Asset Low Duration Fund NAV Direct Growth
    01-10-2026 2424.9741 2661.9419
    30-09-2026 2423.9775 2660.8005
    29-09-2026 2422.8937 2659.5629
    28-09-2026 2422.5734 2659.1728
    25-09-2026 2421.8018 2658.1825
    24-09-2026 2422.7898 2659.2191
    23-09-2026 2423.9297 2660.4224
    22-09-2026 2423.2043 2659.5784
    21-09-2026 2422.996 2659.302
    18-09-2026 2421.6671 2657.7002
    17-09-2026 2420.8777 2656.786
    16-09-2026 2420.497 2656.3205
    15-09-2026 2420.1004 2655.8374
    11-09-2026 2420.7857 2656.3986
    10-09-2026 2422.2066 2657.9097
    09-09-2026 2422.4208 2658.0969
    08-09-2026 2421.8398 2657.4116
    07-09-2026 2421.3986 2656.8795
    04-09-2026 2419.7237 2654.8986
    03-09-2026 2419.113 2654.1808
    02-09-2026 2416.6106 2651.3874
    01-09-2026 2415.1573 2649.7453

    Fund Launch Date: 29/Feb/2008
    Fund Category: Low Duration Fund
    Investment Objective: The investment objective of thescheme is to seek to generate returnswith a portfolio comprising of debt andmoney market instruments, such thatMacaulay duration of the portfolio isbetween 6 months - 12 months. TheScheme does not guarantee anyreturns
    Fund Description: Low Duration Fund - An Open endedlow duration Debt Scheme investingin instruments with Macaulayduration of the portfolio between 6months and 12 months
    Fund Benchmark: CRISILLow Duration Debt Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.