Mirae Asset Short Term Fund Overview | ||||||
---|---|---|---|---|---|---|
Category | Short Duration Fund | |||||
BMSMONEY Rank | 13 | |||||
BMSMONEY Rating | ||||||
Growth Option | As On: | 25-04-2024 | ||||
NAV | ₹14.3 (R) | -0.0% | ₹15.02 (D) | 0.0% | ||
Returns Gro. Opt. | 1Y | 3Y | 5Y | 7Y | 10Y | |
LumpSum Reg. P | 6.02% | 4.66% | 5.9% | -% | -% | |
LumpSum Dir. P | 6.89% | 5.53% | 6.77% | -% | -% | |
SIP Reg. P | 6.3% | 5.43% | 4.52% | -% | -% | |
SIP Dir. P | 7.17% | 6.3% | 5.37% | -% | -% | |
Ratio | Sharpe Ratio | Sortino Ratio | Sterling Ratio | Jensen's Alpha | Treynor Ratio | |
-2.66 | -0.63 | 0.44 | 0.25% | -0.03 | ||
Risk | STD. Dev | VaR 1Y95% | Max DD | Beta | Semi Devi. | |
1.0% | -0.14% | -0.64% | 0.77 | 0.76% |
NAV Date: 25-04-2024
Scheme Name | NAV | Rupee Change | Percent Change |
---|---|---|---|
Mirae Asset Short Term Fund- Regular Plan -Growth | 14.3 |
0.0000
|
0.0000%
|
Mirae Asset Short Term Fund Regular IDCW | 14.3 |
0.0000
|
0.0000%
|
Mirae Asset Short Term Fund Direct IDCW | 14.99 |
0.0000
|
0.0000%
|
Mirae Asser Short Term Fund -Direct Plan- Growth | 15.02 |
0.0000
|
0.0000%
|
Review Date: March 28, 2024
The Short Duration Fund category has 21 funds. Performance of the Mirae Asset Short Term Fund has been analyzed on 20 performance parameters. Out of eight return parameters, the fund has zero return parameters in first quartile; whereas zero risk parameters (out of five) in first quartile. Similarly zero risk-adjusted performance parameters are in first quartile, the performance on different parameters provides has achieved 13th (out of 21 funds), which is ok rank in the Short Duration Fund category.KPIs* | Fund | Benchmark | Cat. Avg | Min | Max | Rank (In Cat.) | Better Than Cat. Avg | In 1st Quartile | In 4th Quartile |
---|---|---|---|---|---|---|---|---|
1M Return % | 0.42 |
0.39
|
0.00 | 0.49 | 8 | 21 |
Yes
|
No
|
No
|
|
3M Return % | 1.61 |
1.52
|
0.00 | 1.93 | 10 | 21 |
Yes
|
No
|
No
|
|
6M Return % | 3.54 |
3.50
|
0.00 | 3.98 | 14 | 21 |
Yes
|
No
|
No
|
|
1Y Return % | 6.02 |
6.14
|
3.29 | 7.12 | 15 | 21 |
No
|
No
|
No
|
|
3Y Return % | 4.66 |
5.46
|
3.80 | 11.75 | 16 | 20 |
No
|
No
|
Yes
|
|
5Y Return % | 5.90 |
5.91
|
3.52 | 7.13 | 13 | 19 |
No
|
No
|
No
|
|
1Y SIP Return % | 6.30 |
6.29
|
1.23 | 7.26 | 15 | 21 |
Yes
|
No
|
No
|
|
3Y SIP Return % | 5.43 |
5.97
|
4.56 | 11.14 | 16 | 20 |
No
|
No
|
Yes
|
|
5Y SIP Return % | 4.52 |
5.08
|
3.42 | 8.59 | 15 | 19 |
No
|
No
|
Yes
|
|
Standard Deviation | 1.00 |
2.09
|
0.90 | 9.63 | 6 | 15 |
Yes
|
No
|
No
|
|
Semi Deviation | 0.76 |
1.04
|
0.66 | 2.87 | 5 | 15 |
Yes
|
No
|
No
|
|
Max Drawdown % | -0.64 |
-0.81
|
-3.15 | -0.24 | 8 | 15 |
Yes
|
No
|
No
|
|
VaR 1 Y % | -0.14 |
-0.38
|
-1.71 | 0.00 | 6 | 15 |
Yes
|
No
|
No
|
|
Average Drawdown % | -0.64 |
-0.43
|
-1.16 | -0.19 | 14 | 15 |
No
|
No
|
Yes
|
|
Sharpe Ratio | -2.66 |
-1.89
|
-3.00 | 0.43 | 12 | 15 |
No
|
No
|
Yes
|
|
Sterling Ratio | 0.44 |
0.53
|
0.34 | 1.14 | 10 | 15 |
No
|
No
|
No
|
|
Sortino Ratio | -0.63 |
-0.40
|
-0.67 | 1.03 | 12 | 15 |
No
|
No
|
Yes
|
|
Jensen Alpha % | 0.25 |
1.21
|
-1.67 | 7.63 | 8 | 15 |
No
|
No
|
No
|
|
Treynor Ratio | -0.03 |
-0.02
|
-0.04 | 0.10 | 12 | 15 |
No
|
No
|
Yes
|
|
Modigliani Square Measure % | 5.52 |
4.92
|
2.03 | 7.54 | 6 | 15 |
Yes
|
No
|
No
|
|
Alpha % | -0.92 |
0.52
|
-1.92 | 8.70 | 11 | 15 |
No
|
No
|
No
|
KPIs* | Fund | Benchmark | Cat. Avg | Min | Max | Rank (In Cat.) | Better Than Cat. Avg | In 1st Quartile | In 4th Quartile |
---|---|---|---|---|---|---|---|---|
1M Return % | 0.49 | 0.44 | 0.00 | 0.54 | 6 | 21 |
Yes
|
Yes
|
No
|
|
3M Return % | 1.81 | 1.65 | 0.00 | 1.96 | 6 | 21 |
Yes
|
Yes
|
No
|
|
6M Return % | 3.97 | 3.80 | 0.00 | 4.25 | 12 | 21 |
Yes
|
No
|
No
|
|
1Y Return % | 6.89 | 6.80 | 3.29 | 7.77 | 12 | 21 |
Yes
|
No
|
No
|
|
3Y Return % | 5.53 | 6.06 | 5.04 | 12.20 | 13 | 20 |
No
|
No
|
No
|
|
5Y Return % | 6.77 | 6.57 | 4.00 | 7.91 | 11 | 19 |
Yes
|
No
|
No
|
|
1Y SIP Return % | 7.17 | 6.93 | 1.25 | 7.79 | 11 | 21 |
Yes
|
No
|
No
|
|
3Y SIP Return % | 6.30 | 6.60 | 4.91 | 11.64 | 12 | 20 |
No
|
No
|
No
|
|
5Y SIP Return % | 5.37 | 5.70 | 4.64 | 9.06 | 11 | 19 |
No
|
No
|
No
|
|
Standard Deviation | 1.00 | 2.09 | 0.90 | 9.63 | 6 | 15 |
Yes
|
No
|
No
|
|
Semi Deviation | 0.76 | 1.04 | 0.66 | 2.87 | 5 | 15 |
Yes
|
No
|
No
|
|
Max Drawdown % | -0.64 | -0.81 | -3.15 | -0.24 | 8 | 15 |
Yes
|
No
|
No
|
|
VaR 1 Y % | -0.14 | -0.38 | -1.71 | 0.00 | 6 | 15 |
Yes
|
No
|
No
|
|
Average Drawdown % | -0.64 | -0.43 | -1.16 | -0.19 | 14 | 15 |
No
|
No
|
Yes
|
|
Sharpe Ratio | -2.66 | -1.89 | -3.00 | 0.43 | 12 | 15 |
No
|
No
|
Yes
|
|
Sterling Ratio | 0.44 | 0.53 | 0.34 | 1.14 | 10 | 15 |
No
|
No
|
No
|
|
Sortino Ratio | -0.63 | -0.40 | -0.67 | 1.03 | 12 | 15 |
No
|
No
|
Yes
|
|
Jensen Alpha % | 0.25 | 1.21 | -1.67 | 7.63 | 8 | 15 |
No
|
No
|
No
|
|
Treynor Ratio | -0.03 | -0.02 | -0.04 | 0.10 | 12 | 15 |
No
|
No
|
Yes
|
|
Modigliani Square Measure % | 5.52 | 4.92 | 2.03 | 7.54 | 6 | 15 |
Yes
|
No
|
No
|
|
Alpha % | -0.92 | 0.52 | -1.92 | 8.70 | 11 | 15 |
No
|
No
|
No
|
Investment Period | Regular | Direct | ||
---|---|---|---|---|
Return % | Current Value of ₹ 10000 | Return % | Current Value of ₹ 10000 | |
1D | 0.0 | ₹ 10000.0 | 0.0 | ₹ 10000.0 |
1W | 0.16 | ₹ 10016.0 | 0.18 | ₹ 10018.0 |
1M | 0.42 | ₹ 10042.0 | 0.49 | ₹ 10049.0 |
3M | 1.61 | ₹ 10161.0 | 1.81 | ₹ 10181.0 |
6M | 3.54 | ₹ 10354.0 | 3.97 | ₹ 10397.0 |
1Y | 6.02 | ₹ 10602.0 | 6.89 | ₹ 10689.0 |
3Y | 4.66 | ₹ 11465.0 | 5.53 | ₹ 11751.0 |
5Y | 5.9 | ₹ 13321.0 | 6.77 | ₹ 13874.0 |
7Y | - | ₹ - | - | ₹ - |
10Y | - | ₹ - | - | ₹ - |
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 | 6.2958 | ₹ 12405.18 | 7.1714 | ₹ 12460.956 |
3Y | ₹ 36000 | 5.4297 | ₹ 39098.052 | 6.2972 | ₹ 39608.928 |
5Y | ₹ 60000 | 4.5157 | ₹ 67265.64 | 5.3741 | ₹ 68735.46 |
7Y | ₹ 84000 | - | ₹ - | - | ₹ - |
10Y | ₹ 120000 | - | ₹ - | - | ₹ - |
15Y | ₹ 180000 | - | ₹ - | - | ₹ - |
Date | NAV Regular Growth | NAV Direct Growth |
---|---|---|
25-04-2024 | 14.2985 | 15.0159 |
24-04-2024 | 14.2988 | 15.0159 |
23-04-2024 | 14.2958 | 15.0123 |
22-04-2024 | 14.2905 | 15.0065 |
19-04-2024 | 14.2755 | 14.9896 |
18-04-2024 | 14.2847 | 14.9989 |
16-04-2024 | 14.2779 | 14.9911 |
15-04-2024 | 14.2823 | 14.9954 |
12-04-2024 | 14.2736 | 14.9852 |
08-04-2024 | 14.2701 | 14.9801 |
05-04-2024 | 14.2729 | 14.9822 |
04-04-2024 | 14.2763 | 14.9854 |
03-04-2024 | 14.2709 | 14.9794 |
02-04-2024 | 14.2692 | 14.9772 |
28-03-2024 | 14.2637 | 14.9698 |
27-03-2024 | 14.2445 | 14.9493 |
26-03-2024 | 14.2391 | 14.9433 |
22-03-2024 | 14.2319 | 14.9345 |
21-03-2024 | 14.2376 | 14.9399 |
20-03-2024 | 14.2265 | 14.9281 |
19-03-2024 | 14.2232 | 14.9243 |
18-03-2024 | 14.2242 | 14.9251 |
15-03-2024 | 14.2231 | 14.9229 |
14-03-2024 | 14.2175 | 14.9167 |
13-03-2024 | 14.2197 | 14.9187 |
12-03-2024 | 14.2191 | 14.9177 |
11-03-2024 | 14.2207 | 14.919 |
07-03-2024 | 14.2065 | 14.9027 |
06-03-2024 | 14.1974 | 14.8928 |
05-03-2024 | 14.1921 | 14.887 |
04-03-2024 | 14.1886 | 14.883 |
01-03-2024 | 14.1803 | 14.8733 |
29-02-2024 | 14.1781 | 14.8706 |
28-02-2024 | 14.1743 | 14.8663 |
27-02-2024 | 14.1721 | 14.8636 |
26-02-2024 | 14.1699 | 14.861 |
23-02-2024 | 14.1598 | 14.8494 |
22-02-2024 | 14.1598 | 14.849 |
21-02-2024 | 14.1581 | 14.847 |
20-02-2024 | 14.1496 | 14.8377 |
16-02-2024 | 14.1331 | 14.819 |
15-02-2024 | 14.1326 | 14.8181 |
14-02-2024 | 14.122 | 14.8067 |
13-02-2024 | 14.1258 | 14.8103 |
12-02-2024 | 14.1248 | 14.809 |
09-02-2024 | 14.1167 | 14.7995 |
08-02-2024 | 14.1199 | 14.8025 |
07-02-2024 | 14.1192 | 14.8015 |
06-02-2024 | 14.1154 | 14.7972 |
05-02-2024 | 14.1108 | 14.792 |
02-02-2024 | 14.1142 | 14.7945 |
01-02-2024 | 14.1035 | 14.783 |
31-01-2024 | 14.0811 | 14.7592 |
30-01-2024 | 14.0766 | 14.7541 |
29-01-2024 | 14.0716 | 14.7485 |
25-01-2024 | 14.0599 | 14.735 |
24-01-2024 | 14.058 | 14.7326 |
23-01-2024 | 14.0584 | 14.7328 |
19-01-2024 | 14.0453 | 14.7177 |
18-01-2024 | 14.0453 | 14.7174 |
17-01-2024 | 14.0461 | 14.7179 |
16-01-2024 | 14.0466 | 14.718 |
15-01-2024 | 14.0439 | 14.7149 |
12-01-2024 | 14.0297 | 14.699 |
11-01-2024 | 14.0269 | 14.6957 |
10-01-2024 | 14.0249 | 14.6933 |
09-01-2024 | 14.0189 | 14.6867 |
08-01-2024 | 14.0149 | 14.6821 |
05-01-2024 | 14.0007 | 14.6663 |
04-01-2024 | 14.0013 | 14.6666 |
03-01-2024 | 14.0012 | 14.6661 |
02-01-2024 | 14.0001 | 14.6647 |
01-01-2024 | 14.0013 | 14.6656 |
29-12-2023 | 13.9983 | 14.6614 |
28-12-2023 | 13.9846 | 14.6467 |
27-12-2023 | 13.9853 | 14.6472 |
26-12-2023 | 13.9898 | 14.6516 |
22-12-2023 | 13.9772 | 14.6372 |
21-12-2023 | 13.9739 | 14.6334 |
20-12-2023 | 13.9731 | 14.6322 |
19-12-2023 | 13.9704 | 14.6291 |
18-12-2023 | 13.9722 | 14.6307 |
15-12-2023 | 13.9606 | 14.6177 |
14-12-2023 | 13.9472 | 14.6034 |
13-12-2023 | 13.9294 | 14.5844 |
12-12-2023 | 13.9239 | 14.5784 |
11-12-2023 | 13.9228 | 14.5769 |
08-12-2023 | 13.9181 | 14.571 |
07-12-2023 | 13.9192 | 14.5718 |
06-12-2023 | 13.9139 | 14.5659 |
05-12-2023 | 13.9092 | 14.5606 |
04-12-2023 | 13.9057 | 14.5567 |
01-12-2023 | 13.8943 | 14.5437 |
30-11-2023 | 13.8952 | 14.5444 |
29-11-2023 | 13.8985 | 14.5475 |
28-11-2023 | 13.8949 | 14.5434 |
24-11-2023 | 13.8837 | 14.5303 |
23-11-2023 | 13.8879 | 14.5345 |
22-11-2023 | 13.8867 | 14.5329 |
21-11-2023 | 13.883 | 14.5286 |
20-11-2023 | 13.8884 | 14.5339 |
17-11-2023 | 13.8894 | 14.534 |
16-11-2023 | 13.8853 | 14.5294 |
15-11-2023 | 13.8815 | 14.5251 |
13-11-2023 | 13.8663 | 14.5086 |
10-11-2023 | 13.8569 | 14.4977 |
09-11-2023 | 13.8599 | 14.5005 |
08-11-2023 | 13.8568 | 14.497 |
07-11-2023 | 13.8516 | 14.4912 |
06-11-2023 | 13.8434 | 14.4823 |
03-11-2023 | 13.8349 | 14.4724 |
02-11-2023 | 13.8297 | 14.4666 |
01-11-2023 | 13.8219 | 14.4582 |
31-10-2023 | 13.8204 | 14.4562 |
30-10-2023 | 13.8174 | 14.4528 |
27-10-2023 | 13.8124 | 14.4466 |
26-10-2023 | 13.8091 | 14.4428 |
25-10-2023 | 13.8108 | 14.4443 |
23-10-2023 | 13.8009 | 14.4333 |
20-10-2023 | 13.7958 | 14.4269 |
19-10-2023 | 13.7968 | 14.4276 |
18-10-2023 | 13.7993 | 14.43 |
17-10-2023 | 13.7987 | 14.429 |
16-10-2023 | 13.7948 | 14.4246 |
13-10-2023 | 13.7887 | 14.4172 |
12-10-2023 | 13.7861 | 14.4142 |
11-10-2023 | 13.7803 | 14.4078 |
10-10-2023 | 13.7693 | 14.396 |
09-10-2023 | 13.7615 | 14.3875 |
06-10-2023 | 13.7683 | 14.3936 |
05-10-2023 | 13.8078 | 14.4346 |
04-10-2023 | 13.7989 | 14.4249 |
03-10-2023 | 13.8006 | 14.4264 |
29-09-2023 | 13.796 | 14.4203 |
27-09-2023 | 13.8006 | 14.4245 |
26-09-2023 | 13.8024 | 14.426 |
25-09-2023 | 13.7991 | 14.4222 |
22-09-2023 | 13.7933 | 14.4152 |
21-09-2023 | 13.7962 | 14.418 |
20-09-2023 | 13.7932 | 14.4144 |
18-09-2023 | 13.7853 | 14.4056 |
15-09-2023 | 13.7788 | 14.3978 |
14-09-2023 | 13.7877 | 14.4068 |
13-09-2023 | 13.7717 | 14.3897 |
12-09-2023 | 13.7577 | 14.3748 |
11-09-2023 | 13.7583 | 14.375 |
08-09-2023 | 13.7582 | 14.374 |
07-09-2023 | 13.76 | 14.3755 |
06-09-2023 | 13.7516 | 14.3665 |
05-09-2023 | 13.7508 | 14.3653 |
04-09-2023 | 13.7493 | 14.3635 |
01-09-2023 | 13.7454 | 14.3583 |
31-08-2023 | 13.7439 | 14.3565 |
30-08-2023 | 13.7393 | 14.3514 |
29-08-2023 | 13.7371 | 14.3488 |
28-08-2023 | 13.7355 | 14.3467 |
25-08-2023 | 13.7255 | 14.3354 |
24-08-2023 | 13.7235 | 14.3329 |
23-08-2023 | 13.7199 | 14.3289 |
22-08-2023 | 13.7111 | 14.3193 |
21-08-2023 | 13.7102 | 14.3181 |
18-08-2023 | 13.7026 | 14.3092 |
17-08-2023 | 13.698 | 14.3041 |
14-08-2023 | 13.7057 | 14.3112 |
11-08-2023 | 13.6989 | 14.303 |
10-08-2023 | 13.7037 | 14.3078 |
09-08-2023 | 13.6986 | 14.3022 |
08-08-2023 | 13.6977 | 14.3009 |
07-08-2023 | 13.6951 | 14.2978 |
04-08-2023 | 13.6881 | 14.2896 |
03-08-2023 | 13.6872 | 14.2883 |
02-08-2023 | 13.6909 | 14.2918 |
01-08-2023 | 13.6897 | 14.2902 |
31-07-2023 | 13.6833 | 14.2833 |
28-07-2023 | 13.6775 | 14.2762 |
27-07-2023 | 13.6836 | 14.2823 |
26-07-2023 | 13.6835 | 14.2818 |
25-07-2023 | 13.6789 | 14.2767 |
24-07-2023 | 13.6807 | 14.2783 |
21-07-2023 | 13.673 | 14.2693 |
20-07-2023 | 13.6729 | 14.2689 |
19-07-2023 | 13.6702 | 14.2657 |
18-07-2023 | 13.6689 | 14.2641 |
17-07-2023 | 13.6611 | 14.2556 |
14-07-2023 | 13.6518 | 14.2449 |
13-07-2023 | 13.6498 | 14.2426 |
12-07-2023 | 13.6388 | 14.2307 |
11-07-2023 | 13.6372 | 14.2287 |
10-07-2023 | 13.6265 | 14.2172 |
07-07-2023 | 13.6214 | 14.211 |
06-07-2023 | 13.6244 | 14.2138 |
05-07-2023 | 13.6276 | 14.2168 |
04-07-2023 | 13.6216 | 14.2102 |
03-07-2023 | 13.6187 | 14.2069 |
30-06-2023 | 13.6151 | 14.2021 |
28-06-2023 | 13.6155 | 14.202 |
27-06-2023 | 13.6127 | 14.1987 |
26-06-2023 | 13.6133 | 14.199 |
23-06-2023 | 13.6054 | 14.1898 |
22-06-2023 | 13.6012 | 14.1851 |
21-06-2023 | 13.6041 | 14.1878 |
20-06-2023 | 13.6094 | 14.193 |
19-06-2023 | 13.6072 | 14.1904 |
16-06-2023 | 13.6008 | 14.1828 |
15-06-2023 | 13.5995 | 14.1811 |
14-06-2023 | 13.5994 | 14.1807 |
13-06-2023 | 13.599 | 14.18 |
12-06-2023 | 13.5971 | 14.1776 |
09-06-2023 | 13.5913 | 14.1706 |
08-06-2023 | 13.5969 | 14.1762 |
07-06-2023 | 13.6024 | 14.1816 |
06-06-2023 | 13.599 | 14.1777 |
05-06-2023 | 13.5935 | 14.1716 |
02-06-2023 | 13.5889 | 14.1659 |
01-06-2023 | 13.585 | 14.1615 |
31-05-2023 | 13.5761 | 14.1518 |
30-05-2023 | 13.5726 | 14.1479 |
29-05-2023 | 13.5714 | 14.1463 |
26-05-2023 | 13.5705 | 14.1444 |
25-05-2023 | 13.5686 | 14.1421 |
24-05-2023 | 13.568 | 14.1412 |
23-05-2023 | 13.566 | 14.1388 |
22-05-2023 | 13.5688 | 14.1414 |
19-05-2023 | 13.5485 | 14.1192 |
18-05-2023 | 13.5444 | 14.1147 |
17-05-2023 | 13.5436 | 14.1135 |
16-05-2023 | 13.5363 | 14.1056 |
15-05-2023 | 13.5296 | 14.0983 |
12-05-2023 | 13.5205 | 14.0879 |
11-05-2023 | 13.5141 | 14.0808 |
10-05-2023 | 13.5131 | 14.0795 |
09-05-2023 | 13.5145 | 14.0807 |
08-05-2023 | 13.5133 | 14.079 |
04-05-2023 | 13.5056 | 14.0697 |
03-05-2023 | 13.5004 | 14.0641 |
02-05-2023 | 13.49 | 14.0528 |
28-04-2023 | 13.4853 | 14.0467 |
27-04-2023 | 13.4863 | 14.0474 |
26-04-2023 | 13.4797 | 14.0402 |
25-04-2023 | 13.4742 | 14.0342 |
Fund Launch Date: 23/Feb/2018 |
Fund Category: Short Duration Fund |
Investment 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. |
Fund Description: Short Duration Fund - An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year to 3 years |
Fund Benchmark: CRISIL Short Term Bond Fund Index |
Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.