Mirae Asset Savings Fund Overview
Category Low Duration Fund
BMSMONEY Rank 15
BMSMONEY Rating
Gro. Opt. As On: 26-07-2024
NAV ₹2110.18(R) +0.03% ₹2283.53(D) +0.03%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 6.99% 5.35% 5.37% 5.57% 5.98%
LumpSum (D) 7.64% 5.99% 6.02% 6.24% 6.72%
SIP (R) 7.38% 6.33% 4.17% 4.88% 5.4%
SIP (D) 8.05% 6.97% 4.8% 5.54% 6.08%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
- - - -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
-% -% -% - -%
Top Low Duration Fund
Fund Name Rank Rating
ICICI Prudential Savings Fund 1
UTI Treasury Advantage Fund 2
Axis Treasury Advantage Fund 3
HDFC Low Duration Fund 4

NAV Date: 26-07-2024

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Savings Fund Regular Savings Quarterly IDCW 1004.92
0.3100
0.0300%
Mirae Asset Savings Fund Regular Savings Daily IDCW 1005.16
0.0000
0.0000%
Mirae Asset Savings Fund Direct Quarterly IDCW 1005.21
0.3300
0.0300%
Mirae Asset Savings Fund Regular Savings Monthly IDCW 1087.76
0.3400
0.0300%
Mirae Asset Savings Fund Regular Savings Weekly IDCW 1107.27
0.3400
0.0300%
Mirae Asset Savings Fund Direct Monthly IDCW 1160.28
0.3800
0.0300%
Mirae Asset Savings Fund Direct Daily IDCW 1208.93
0.0000
0.0000%
Mirae Asset Savings Fund Direct Weekly IDCW 1455.26
0.4800
0.0300%
Mirae Asset Savings Fund-Regular Savings Plan- Growth 2110.18
0.6600
0.0300%
Mirae Asset Savings Fund - Direct Plan - Growth 2283.53
0.7500
0.0300%

Review Date: 26-07-2024

Mirae Asset Savings Fund has shown poor performance in the Low Duration Fund category. The fund has rank of 15 out of 19 funds in the category. The fund has delivered return of 6.99% in 1 year, 5.35% in 3 years, 5.37% in 5 years and 5.98% in 10 years. The category average for the same periods is 6.97%, 5.6%, 5.98% and 6.65% respectively, which shows poor return performance of fund in the category. The fund has high risk in the category.

Key Points:

  1. An investment of ₹10,000 in Mirae Asset Savings Fund direct growth option would have grown to ₹10764.0 in 1 year, ₹11907.0 in 3 years and ₹13396.0 in 5 years as of today (26-07-2024).
  2. An SIP of ₹1,000 per month in Mirae Asset Savings Fund direct growth option would have grown to ₹12515.0 in 1 year, ₹40004.0 in 3 years and ₹67739.0 in 5 years as of today (26-07-2024).


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.68
0.66
0.60 | 0.71 4 | 19 Very Good
3M Return % 1.82
1.75
1.64 | 1.85 3 | 19 Very Good
6M Return % 3.69
3.65
3.47 | 4.04 6 | 19 Good
1Y Return % 6.99
6.97
6.52 | 7.67 10 | 19 Good
3Y Return % 5.35
5.60
4.88 | 7.54 14 | 17 Average
5Y Return % 5.37
5.98
5.23 | 7.46 16 | 17 Poor
7Y Return % 5.57
6.02
5.33 | 6.79 13 | 16 Poor
10Y Return % 5.98
6.65
5.98 | 7.40 13 | 13 Poor
1Y SIP Return % 7.38
7.29
6.82 | 7.97 6 | 19 Good
3Y SIP Return % 6.33
6.44
5.85 | 7.14 12 | 17 Average
5Y SIP Return % 4.17
4.49
3.77 | 5.52 15 | 17 Average
7Y SIP Return % 4.88
5.24
4.75 | 6.00 14 | 16 Poor
10Y SIP Return % 5.40
5.88
5.40 | 6.66 13 | 13 Poor
15Y SIP Return % 1.56
16.63
1.56 | 45.57 12 | 12 Poor
Return data last Updated On : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.73 0.70 0.66 | 0.74 3 | 19
3M Return % 1.98 1.88 1.82 | 1.98 1 | 19
6M Return % 4.02 3.91 3.76 | 4.10 4 | 19
1Y Return % 7.64 7.52 7.29 | 7.79 6 | 19
3Y Return % 5.99 6.13 5.79 | 7.66 10 | 17
5Y Return % 6.02 6.49 5.84 | 7.80 15 | 17
7Y Return % 6.24 6.53 5.45 | 7.14 13 | 16
10Y Return % 6.72 7.12 6.46 | 7.72 11 | 13
1Y SIP Return % 8.05 7.85 7.59 | 8.10 4 | 19
3Y SIP Return % 6.97 6.97 6.73 | 7.26 10 | 17
5Y SIP Return % 4.80 5.00 4.56 | 5.94 12 | 17
7Y SIP Return % 5.54 5.76 5.20 | 6.24 12 | 16
10Y SIP Return % 6.08 6.37 5.79 | 6.95 10 | 13
Return data last Updated On : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.03 ₹ 10,003.00 0.03 ₹ 10,003.00
1W 0.09 ₹ 10,009.00 0.10 ₹ 10,010.00
1M 0.68 ₹ 10,068.00 0.73 ₹ 10,073.00
3M 1.82 ₹ 10,182.00 1.98 ₹ 10,198.00
6M 3.69 ₹ 10,369.00 4.02 ₹ 10,402.00
1Y 6.99 ₹ 10,699.00 7.64 ₹ 10,764.00
3Y 5.35 ₹ 11,692.00 5.99 ₹ 11,907.00
5Y 5.37 ₹ 12,992.00 6.02 ₹ 13,396.00
7Y 5.57 ₹ 14,614.00 6.24 ₹ 15,279.00
10Y 5.98 ₹ 17,881.00 6.72 ₹ 19,169.00
15Y ₹ ₹

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.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 7.38 ₹ 12,473.06 8.05 ₹ 12,515.12
3Y ₹ 36000 6.33 ₹ 39,625.42 6.97 ₹ 40,003.60
5Y ₹ 60000 4.17 ₹ 66,678.36 4.80 ₹ 67,738.74
7Y ₹ 84000 4.88 ₹ 99,918.59 5.54 ₹ 102,263.87
10Y ₹ 120000 5.40 ₹ 158,222.28 6.08 ₹ 164,002.44
15Y ₹ 180000 1.56 ₹ 202,780.26 ₹


Date NAV Regular Growth NAV Direct Growth
26-07-2024 2110.1811 2283.5327
25-07-2024 2109.5249 2282.7852
24-07-2024 2108.973 2282.1505
23-07-2024 2108.5394 2281.6439
22-07-2024 2108.1809 2281.2186
19-07-2024 2107.1186 2279.957
18-07-2024 2106.6004 2279.359
16-07-2024 2105.9167 2278.5431
15-07-2024 2105.3704 2277.9137
12-07-2024 2104.0659 2276.3874
11-07-2024 2103.5575 2275.7991
10-07-2024 2103.0197 2275.1788
09-07-2024 2102.572 2274.656
08-07-2024 2102.1817 2274.1954
05-07-2024 2101.001 2272.8034
04-07-2024 2100.5802 2272.31
03-07-2024 2099.9273 2271.5655
02-07-2024 2099.3893 2270.9454
01-07-2024 2098.654 2270.1118
28-06-2024 2097.1996 2268.4249
27-06-2024 2096.3529 2267.4709
26-06-2024 2096.0265 2267.0796

Fund Launch Date: 29/Feb/2008
Fund Category: Low Duration Fund
Investment Objective: The investment objective of the scheme is to seek to generate returns with a portfolio comprising of debt and money market instruments, such that Macaulay duration of the portfolio is between 6 months - 12 months. The Scheme does not guarantee any returns
Fund Description: Low Duration Fund - An Open ended low duration Debt Scheme investing in instruments with Macaulay duration of the portfolio between 6 months and 12 months
Fund Benchmark: CRISILLow Duration Debt Index
Source: Fund FactSheet

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