Mirae Asset Short Duration Fund(G)-Direct Plan
View the regular plan of this scheme
Rs 16.6437 0.02(0.12 %) NAV as on 16 May 2025
Scheme 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 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.
Performance (As on 16 May 2025)
1 week returns | 3 month returns | 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
---|---|---|---|---|---|---|---|
Scheme | 0.62 % | 3.55 % | 5.68 % | 10.19 % | 8.02 % | 6.75 % | 7.36 % | >
Portfolio
Short duration debt funds invest in debt instruments ranging from money market instruments to corporate and bank bonds and government papers. Average maturities for these funds hold below 2-3 years. These funds can be volatile in the very short term as bond prices react to potential interest rate changes, but this volatility is usually contained and evens out. Funds can pick instruments across the credit rating spectrum. Therefore, some can be far riskier than others.
These funds suit any investor with a minimum investment horizons of 1.5 to 3 years but can be held for longer periods as well. Ensure that funds do not have a high share of low-rated debt if holding for the short term.