Previously Known As : Mirae Asset Savings Fund
Mirae Asset Low Duration Fund Datagrid
Category Low Duration Fund
BMSMONEY Rank 11
Rating
Growth Option 04-12-2025
NAV ₹2320.24(R) +0.02% ₹2532.7(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 7.23% 7.05% 5.58% 5.84% 5.99%
Direct 7.93% 7.71% 6.24% 6.5% 6.69%
Benchmark
SIP (XIRR) Regular 6.81% 7.15% 5.78% 5.75% 5.83%
Direct 7.51% 7.83% 6.43% 6.41% 6.5%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
3.61 5.56 0.71 5.65% 0.1
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.36% 0.0% 0.0% 0.13 0.22%
Fund AUM As on: 30/06/2025 1719 Cr
Top Low Duration Fund
Fund Name Rank Rating
Icici Prudential Savings Fund 1
UTI Low Duration Fund 2
Axis Treasury Advantage Fund 3
Nippon India Low Duration Fund 4

NAV Date: 04-12-2025

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 1009.77
0.1600
0.0200%
Mirae Asset Low Duration Fund - Direct Plan - Quarterly IDCW 1010.62
0.2000
0.0200%
Mirae Asset Low Duration Fund - Regular Plan - Monthly IDCW 1088.67
0.1800
0.0200%
Mirae Asset Low Duration Fund - Regular Plan - Weekly IDCW 1106.72
-0.6600
-0.0600%
Mirae Asset Low Duration Fund - Direct Plan - Monthly IDCW 1161.42
0.2300
0.0200%
Mirae Asset Low Duration Fund - Direct Plan - Daily IDCW 1208.93
0.0000
0.0000%
Mirae Asset Low Duration Fund - Direct Plan - Weekly IDCW 1454.52
-1.0000
-0.0700%
Mirae Asset Low Duration Fund - Regular Plan - Growth 2320.24
0.3700
0.0200%
Mirae Asset Low Duration Fund - Direct Plan - Growth 2532.7
0.5000
0.0200%

Review Date: 04-12-2025

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 5.65% which is higher than the category average of 5.54%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 3.61 which is higher than the category average of 3.55.
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 0.52%, 1.7 and 3.32 in last one, three and six months respectively. In the same period the category average return was 0.51%, 1.68% and 3.26% respectively.
  • Mirae Asset Low Duration Fund has given a return of 7.93% in last one year. In the same period the Low Duration Fund category average return was 7.8%.
  • The fund has given a return of 7.71% in last three years and ranked 8.0th out of 19 funds in the category. In the same period the Low Duration Fund category average return was 7.68%.
  • The fund has given a return of 6.24% in last five years and ranked 10th out of 17 funds in the category. In the same period the Low Duration Fund category average return was 6.33%.
  • The fund has given a return of 6.69% in last ten years and ranked 13th out of 15 funds in the category. In the same period the category average return was 7.02%.
  • The fund has given a SIP return of 7.51% in last one year whereas category average SIP return is 7.4%. The fund one year return rank in the category is 7th in 19 funds
  • The fund has SIP return of 7.83% in last three years and ranks 8th in 19 funds. Kotak Low Duration Fund has given the highest SIP return (7.96%) in the category in last three years.
  • The fund has SIP return of 6.43% in last five years whereas category average SIP return is 6.41%.

Mirae Asset Low Duration Fund Risk Analysis

  • The fund has a standard deviation of 0.36 and semi deviation of 0.22. The category average standard deviation is 0.38 and semi deviation is 0.23.
  • 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 % 0.46
    0.47
    		0.43 | 0.58 11 | 19 Average
    3M Return % 1.53
    1.54
    		1.38 | 1.74 12 | 19 Average
    6M Return % 2.98
    2.98
    		2.70 | 3.34 9 | 19 Good
    1Y Return % 7.23
    7.24
    		6.64 | 7.81 11 | 19 Average
    3Y Return % 7.05
    7.12
    		6.56 | 7.77 13 | 19 Average
    5Y Return % 5.58
    5.81
    		5.13 | 7.13 15 | 17 Average
    7Y Return % 5.84
    6.16
    		5.52 | 7.02 13 | 17 Average
    10Y Return % 5.99
    6.53
    		5.99 | 7.24 15 | 15 Poor
    1Y SIP Return % 6.81
    6.84
    		6.24 | 7.53 12 | 19 Average
    3Y SIP Return % 7.15
    7.18
    		6.62 | 7.81 11 | 19 Average
    5Y SIP Return % 5.78
    5.89
    		5.28 | 6.59 13 | 17 Average
    7Y SIP Return % 5.75
    6.01
    		5.37 | 6.62 14 | 17 Average
    10Y SIP Return % 5.83
    6.19
    		5.68 | 6.88 13 | 15 Poor
    15Y SIP Return % 3.90
    6.36
    		3.90 | 7.21 13 | 13 Poor
    Standard Deviation 0.36
    0.38
    		0.34 | 0.42 4 | 19 Very Good
    Semi Deviation 0.22
    0.23
    		0.20 | 0.28 4 | 19 Very Good
    Sharpe Ratio 3.61
    3.55
    		2.28 | 4.62 10 | 19 Good
    Sterling Ratio 0.71
    0.72
    		0.66 | 0.78 13 | 19 Average
    Sortino Ratio 5.56
    4.93
    		2.25 | 9.44 5 | 19 Very Good
    Jensen Alpha % 5.65
    5.54
    		5.05 | 5.99 8 | 19 Good
    Treynor Ratio 0.10
    0.09
    		0.06 | 0.12 8 | 19 Good
    Modigliani Square Measure % 15.26
    14.50
    		13.27 | 15.82 3 | 19 Very Good
    Alpha % -1.07
    -1.02
    		-1.53 | -0.42 12 | 19 Average
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.52 0.51 0.48 | 0.59 6 | 19 Good
    3M Return % 1.70 1.68 1.59 | 1.84 6 | 19 Good
    6M Return % 3.32 3.26 3.10 | 3.43 7 | 19 Good
    1Y Return % 7.93 7.80 7.58 | 8.03 7 | 19 Good
    3Y Return % 7.71 7.68 7.46 | 7.89 8 | 19 Good
    5Y Return % 6.24 6.33 6.01 | 7.24 10 | 17 Good
    7Y Return % 6.50 6.67 5.63 | 7.29 12 | 17 Average
    10Y Return % 6.69 7.02 6.29 | 7.64 13 | 15 Poor
    1Y SIP Return % 7.51 7.40 7.14 | 7.72 7 | 19 Good
    3Y SIP Return % 7.83 7.73 7.49 | 7.96 8 | 19 Good
    5Y SIP Return % 6.43 6.41 6.16 | 6.69 9 | 17 Good
    7Y SIP Return % 6.41 6.53 6.20 | 6.94 11 | 17 Average
    10Y SIP Return % 6.50 6.69 6.18 | 7.14 11 | 15 Average
    Standard Deviation 0.36 0.38 0.34 | 0.42 4 | 19 Very Good
    Semi Deviation 0.22 0.23 0.20 | 0.28 4 | 19 Very Good
    Sharpe Ratio 3.61 3.55 2.28 | 4.62 10 | 19 Good
    Sterling Ratio 0.71 0.72 0.66 | 0.78 13 | 19 Average
    Sortino Ratio 5.56 4.93 2.25 | 9.44 5 | 19 Very Good
    Jensen Alpha % 5.65 5.54 5.05 | 5.99 8 | 19 Good
    Treynor Ratio 0.10 0.09 0.06 | 0.12 8 | 19 Good
    Modigliani Square Measure % 15.26 14.50 13.27 | 15.82 3 | 19 Very Good
    Alpha % -1.07 -1.02 -1.53 | -0.42 12 | 19 Average
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    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
    04-12-2025 2320.244 2532.7019
    03-12-2025 2320.0757 2532.47
    02-12-2025 2319.8699 2532.1971
    01-12-2025 2319.5875 2531.8406
    28-11-2025 2318.9666 2531.0226
    27-11-2025 2318.5911 2530.5667
    26-11-2025 2318.3139 2530.2181
    25-11-2025 2317.5907 2529.3828
    24-11-2025 2316.9854 2528.6762
    21-11-2025 2315.8661 2527.3161
    20-11-2025 2315.6865 2527.0741
    19-11-2025 2315.3974 2526.7127
    18-11-2025 2314.8776 2526.0994
    17-11-2025 2314.5223 2525.6657
    14-11-2025 2313.6984 2524.6275
    13-11-2025 2313.225 2524.065
    12-11-2025 2312.9757 2523.7469
    11-11-2025 2312.3295 2522.9959
    10-11-2025 2312.0514 2522.6464
    07-11-2025 2310.8184 2521.1634
    06-11-2025 2310.3694 2520.6278
    04-11-2025 2309.5952 2519.6913

    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.