Mirae Asset Savings Fund - Direct Plan - Growth

Mirae Asset Savings Fund - Direct Plan - Growth of Mirae Asset Mutual Fund has asset class type as Ultra-Short-Term. Oro Wealth rating for the fund is 2.

Basic Details

Riskometer

Moderately Low

Expense Ratio (%)

0.17

Age

NA Years

Fund Manager

Mahendra Jajoo

AuM (Rs Crores)

368.2509

Asset Class

Ultra-Short-Term

Net Asset Value:

1633.5175

Rating

2

Benchmark

CRISIL Low Duration Debt Index

Fund Type

Short Term

SEBI Category

Low Duration Fund

Fund Manager Details:

Mahendra Jajoo ACA, CFA Charteredholder, CFA Institute, U.S.A. 3. ACS. Mahendra Jojoo has over 11 years of experience in Fixed income Fund Management. Prior Experience : 1. January 1995 to February 1997: Manager - Lodha Capital Markets Ltd. 2. March 1997 to November 1997: Senior Manager - Peregrine Fixed Income Ltd. 3. December 1997 to February 1999: Asst.Vice President - ICICI Bank Ltd. 4. March 1999 to December 24: Head - Primary Dealership, ABN AMRO Securities (I) Pvt. Ltd.

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.



Top 5 Sector Allocations of the Fund
Top 5 Company Allocations of the Fund
Debt Composition