Mirae Asset Savings Fundular Savings Fund (Debt, Debt Low Duration)

Moderately Low
11 yrs 6 monthsStarted on:05 Mar 2008
₹ 571.73 Cras on: 19 Aug 2019
Mid Term & Long Horizon
Income Generation

Minimum Investment

  • ₹ 5000.00 for Lumpsum

Investment Objective

The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.

Exit Load

Scheme Documents

Similar Funds
Franklin India Low Duration Fund
Current NAV 22.27
Return (CAGR) 9.23%
Value Research
ICICI Pru Savings Fund
Current NAV 370.74
Return (CAGR) 8.06%
Value Research
IDFC Low Duration Fund
Current NAV 27.37
Return (CAGR) 7.69%
Value Research
SBI Magnum Low Duration Fund
Current NAV 2496.38
Return (CAGR) 7.87%
Value Research
Axis Treasury Advantage Fund
Current NAV 2160.75
Return (CAGR) 8.12%
Value Research
Aditya Birla SL Low Duration Fund
Current NAV 463.61
Return (CAGR) 7.47%
Value Research
Reliance Low Duration Fund
Current NAV 2619.95
Return (CAGR) 8.06%
Value Research
HDFC Low Duration Retail Fund
Current NAV 40.37
Return (CAGR) 7.32%
Value Research
Baroda Pioneer Treasury Adv Fund
Current NAV 1828.61
Return (CAGR) 6.12%
Value Research
Principal Low Duration Fund
Current NAV 2522.22
Return (CAGR) 6.39%
Value Research
DSP Low Duration Fund
Current NAV 13.91
Return (CAGR) 7.71%
Value Research


TenureReturns (CAGR)
1 Month0.68
3 Month1.05
1 YR6.58
2 YR6.13
3 YR6.30

SIP Returns

TenureReturns (CAGR)
1 YR6.33
2 YR6.41
3 YR6.3
5 YR6.4


Company Name% Assets
National Thermal Power Corp. Ltd. 91-D 09/08/20196.99
HDFC Credila Financial Services Pvt. Ltd. 365-D 27/11/20194.71
National Bank For Agriculture & Rural Development 31/01/2022 8.50%4.4
Axis Bank Ltd. 06/12/20194.28
AU Small Finance Bank Ltd. 22/11/20194.28
Small Industries Devp. Bank of India Ltd. 28/01/20204.24
Kotak Mahindra Investments Ltd. 353-D 17/01/20204.23
Housing Development Finance Corpn. Ltd. 330-D 07/02/20204.22
Punjab National Bank 19/03/20204.2
Export-Import Bank Of India 27/03/20204.2

Top Sectoral Holdings

Sector Name% Assets


Standard Deviation1.07%
Sharpe Ratio0.09

Mahendra Kumar Jajoo

Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like Pramerica Asset Managers Private Ltd., Tata Asset Management Company, ABN Amro Asset Management Company and ABN Amro Securities India Pvt. Ltd. and ICICI Group.

Other Funds Managed by Mahendra Kumar Jajoo