Previously Known As : Mirae Asset Savings Fund
Mirae Asset Low Duration Fund Datagrid
Category Low Duration Fund
BMSMONEY Rank 13
Rating
Growth Option 27-04-2026
NAV ₹2364.23(R) +0.02% ₹2587.77(D) +0.03%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.84% 6.81% 5.74% 5.65% 5.91%
Direct 6.56% 7.48% 6.4% 6.31% 6.61%
Benchmark
SIP (XIRR) Regular 5.46% 6.64% 6.41% 5.63% 5.74%
Direct 6.18% 7.34% 7.08% 6.28% 6.41%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.95 1.03 0.68 0.64% -2.06
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.48% 0.0% 0.0% 0.23 0.36%
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
Canara Robeco Savings Fund 4

NAV Date: 27-04-2026

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Low Duration Fund - Regular Plan - Daily IDCW 1004.95
0.2400
0.0200%
Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW 1014.76
0.2400
0.0200%
Mirae Asset Low Duration Fund - Direct Plan - Quarterly IDCW 1017.27
0.3000
0.0300%
Mirae Asset Low Duration Fund - Regular Plan - Monthly IDCW 1087.41
0.2700
0.0200%
Mirae Asset Low Duration Fund - Regular Plan - Weekly IDCW 1106.4
0.2700
0.0200%
Mirae Asset Low Duration Fund - Direct Plan - Monthly IDCW 1159.93
0.3400
0.0300%
Mirae Asset Low Duration Fund - Direct Plan - Daily IDCW 1208.79
0.3600
0.0300%
Mirae Asset Low Duration Fund - Direct Plan - Weekly IDCW 1454.21
0.4300
0.0300%
Mirae Asset Low Duration Fund - Regular Plan - Growth 2364.23
0.5700
0.0200%
Mirae Asset Low Duration Fund - Direct Plan - Growth 2587.77
0.7700
0.0300%

Review Date: 27-04-2026

Beginning of Analysis

In the Low Duration Fund category, Mirae Asset Low Duration Fund is the 11th ranked fund. 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 0.64% which is lower than the category average of 0.67%, showing poor performance. The fund has a Sharpe Ratio of 1.95 which is lower than the category average of 2.06.
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

  • The fund has given a return of 0.78%, 1.59 and 2.86 in last one, three and six months respectively. In the same period the category average return was 0.76%, 1.59% and 2.83% respectively.
  • Mirae Asset Low Duration Fund has given a return of 6.56% in last one year. In the same period the Low Duration Fund category average return was 6.45%.
  • The fund has given a return of 7.48% in last three years and ranked 8.0th out of nineteen funds in the category. In the same period the Low Duration Fund category average return was 7.41%.
  • The fund has given a return of 6.4% in last five years and ranked 9th out of seventeen funds in the category. In the same period the Low Duration Fund category average return was 6.47%.
  • The fund has given a return of 6.61% in last ten years and ranked 12th out of fifteen funds in the category. In the same period the category average return was 6.89%.
  • The fund has given a SIP return of 6.18% in last one year whereas category average SIP return is 6.12%. The fund one year return rank in the category is 8th in 18 funds
  • The fund has SIP return of 7.34% in last three years and ranks 7th in 18 funds. Kotak Low Duration Fund has given the highest SIP return (7.42%) in the category in last three years.
  • The fund has SIP return of 7.08% in last five years whereas category average SIP return is 7.04%.

Mirae Asset Low Duration Fund Risk Analysis

  • The fund has a standard deviation of 0.48 and semi deviation of 0.36. The category average standard deviation is 0.48 and semi deviation is 0.35.
  • 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 % 0.72
    0.71
    		0.63 | 0.77 11 | 20 Average
    3M Return % 1.42
    1.46
    		1.29 | 1.57 15 | 20 Average
    6M Return % 2.51
    2.55
    		2.24 | 2.90 14 | 20 Average
    1Y Return % 5.84
    5.89
    		5.36 | 6.50 11 | 19 Average
    3Y Return % 6.81
    6.85
    		6.30 | 7.51 11 | 19 Average
    5Y Return % 5.74
    5.94
    		5.26 | 7.27 14 | 17 Average
    7Y Return % 5.65
    5.96
    		5.35 | 6.85 12 | 17 Average
    10Y Return % 5.91
    6.40
    		5.91 | 7.10 15 | 15 Poor
    1Y SIP Return % 5.46
    5.51
    		5.03 | 6.12 11 | 17 Average
    3Y SIP Return % 6.64
    6.65
    		6.13 | 7.26 9 | 17 Good
    5Y SIP Return % 6.41
    6.49
    		5.92 | 7.10 9 | 15 Average
    7Y SIP Return % 5.63
    5.85
    		5.20 | 6.56 12 | 15 Average
    10Y SIP Return % 5.74
    6.03
    		5.55 | 6.72 11 | 13 Average
    15Y SIP Return % 4.49
    6.39
    		4.49 | 7.28 11 | 11 Poor
    Standard Deviation 0.48
    0.48
    		0.45 | 0.52 11 | 19 Average
    Semi Deviation 0.36
    0.35
    		0.33 | 0.38 14 | 19 Average
    Sharpe Ratio 1.95
    2.06
    		1.02 | 3.48 11 | 19 Average
    Sterling Ratio 0.68
    0.68
    		0.63 | 0.75 12 | 19 Average
    Sortino Ratio 1.03
    1.20
    		0.49 | 2.78 13 | 19 Average
    Jensen Alpha % 0.64
    0.67
    		0.15 | 1.24 12 | 19 Average
    Treynor Ratio -2.06
    -1.94
    		-2.30 | -1.56 14 | 19 Average
    Modigliani Square Measure % 7.66
    7.75
    		6.83 | 9.03 11 | 19 Average
    Alpha % -1.09
    -1.06
    		-1.55 | -0.35 12 | 19 Average
    Return data last Updated On : April 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.78 0.76 0.70 | 0.81 6 | 20 Good
    3M Return % 1.59 1.59 1.46 | 1.70 10 | 20 Good
    6M Return % 2.86 2.83 2.62 | 2.97 8 | 20 Good
    1Y Return % 6.56 6.45 6.25 | 6.64 7 | 19 Good
    3Y Return % 7.48 7.41 7.17 | 7.64 8 | 19 Good
    5Y Return % 6.40 6.47 6.17 | 7.38 9 | 17 Good
    7Y Return % 6.31 6.47 5.46 | 7.05 13 | 17 Average
    10Y Return % 6.61 6.89 6.15 | 7.48 12 | 15 Average
    1Y SIP Return % 6.18 6.12 5.85 | 6.34 8 | 18 Good
    3Y SIP Return % 7.34 7.24 7.03 | 7.42 7 | 18 Good
    5Y SIP Return % 7.08 7.04 6.82 | 7.22 9 | 17 Good
    7Y SIP Return % 6.28 6.37 6.07 | 6.85 10 | 17 Good
    10Y SIP Return % 6.41 6.56 6.10 | 6.96 10 | 15 Average
    Standard Deviation 0.48 0.48 0.45 | 0.52 11 | 19 Average
    Semi Deviation 0.36 0.35 0.33 | 0.38 14 | 19 Average
    Sharpe Ratio 1.95 2.06 1.02 | 3.48 11 | 19 Average
    Sterling Ratio 0.68 0.68 0.63 | 0.75 12 | 19 Average
    Sortino Ratio 1.03 1.20 0.49 | 2.78 13 | 19 Average
    Jensen Alpha % 0.64 0.67 0.15 | 1.24 12 | 19 Average
    Treynor Ratio -2.06 -1.94 -2.30 | -1.56 14 | 19 Average
    Modigliani Square Measure % 7.66 7.75 6.83 | 9.03 11 | 19 Average
    Alpha % -1.09 -1.06 -1.55 | -0.35 12 | 19 Average
    Return data last Updated On : April 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 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
    27-04-2026 2364.2251 2587.7746
    24-04-2026 2363.6561 2587.0065
    23-04-2026 2363.85 2587.1703
    22-04-2026 2364.73 2588.085
    21-04-2026 2364.4849 2587.7683
    20-04-2026 2364.2763 2587.4915
    17-04-2026 2363.2821 2586.2581
    16-04-2026 2363.2519 2586.1765
    15-04-2026 2362.6407 2585.4592
    13-04-2026 2360.0572 2582.5352
    10-04-2026 2359.0628 2581.302
    09-04-2026 2357.9355 2580.0199
    08-04-2026 2355.3669 2577.1611
    07-04-2026 2351.1775 2572.5289
    06-04-2026 2350.3509 2571.5762
    02-04-2026 2349.5177 2570.4718
    30-03-2026 2349.065 2569.8333
    27-03-2026 2347.2904 2567.7516

    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.