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Product scoring may vary based on gender, age, policy tenure and sum assured.
Gender
Male
Age Group
The lowest age in the selected range is considered for price evaluation (e.g., 25 - 29)
30 - 34
Sum Assured
₹ 1Cr
Debt • Short Duration • CRISIL Short Duration Debt Index
Mirae Asset Short Term Fund(G)-Direct Plan
1 Finance Rank:
12
121 Finance Score:
69100
Yield To Maturity Score
77
Quality & Diversification Score
68
Standard Deviation Score
92
Modified Duration Score
81
AUM Score
46
Historical Performance score
74
by 1 Finance Research 1 Finance Scores reflect a holistic assessment of fund performance, risk, and costs.
AUM
₹ 593 Cr(As on 31-Mar-2026)NAV
₹ 17.4094(As on 08-May-2026)Expense Ratio
0.19%(As on 31-Mar-2026)Investment Horizon
1 to 3 years
12
Debt • Short Duration • CRISIL Short Duration Debt Index
Mirae Asset Short Term Fund(G)-Direct Plan
This fund ranks 12th out of 24 funds in its category.
AUM₹ 593 Cr(As on 31-Mar-2026)
NAV₹ 17.4094(As on 08-May-2026)
Expense Ratio0.19%(As on 31-Mar-2026)
Investment Horizon1 to 3 years
1 Finance Score: 69/100
Yield To Maturity Score
77
Quality & Diversification Score
68
Standard Deviation Score
92
Modified Duration Score
81
AUM Score
46
Historical Performance score
74
Fundamental Ratios
Modified Duration
7.51 yearsAverage Maturity
3.39 yearsYield To Maturity
7.51%Standard Deviation
-Portfolio summary
Asset Allocation
Debt
Others
95.84%
4.16%
Credit Rating
AAA
48.73%
SOV
18.48%
AA
13.60%
Cash Eqv.
3.67%
Others
0.00%
Debt Sector Allocation
Finance
32.31%
Bank
30.34%
G-Sec
18.48%
Healthcare
7.34%
Top Holdings
| Holding Names | Assets (%) |
|---|---|
| 07.32% GOI - 13-Nov-2030 | 13.23% |
| National Bank For Agriculture & Rural Development SR 25B 7.64% (06-Dec-2029) | 8.50% |
| National Housing Bank 07.59% (14-Jul-2027) | 6.35% |
| NHPC Ltd. SR-V2 STRRP-E 7.52% (06-Jun-2027) | 4.30% |
| ICICI Securities Ltd. SR-1 07.45% (24-Nov-2028) | 4.23% |
Peer comparison
| Fund List | 1 F score | Fund Size | Expense Ratio |
|---|
Pros and Cons
Pros
Potential for higher returns as the fund maintains a high Net Yield to Maturity (YTM).
Great track record of generating high returns by managing the portfolio dynamically.
The fund demonstrates a low level of volatility as the standard deviation is low.
Relatively low modified duration indicates lower sensitivity to interest rate changes, suggesting lower risk.
Cons
Low AUM may result in limited portfolio diversification.
Should you invest?
Invest if you are :
- Investors with a moderate risk tolerance and a time horizon of 1 to 3 years should consider investing in this fund.
Avoid if you are :
- Short term investors and those who take very low risks should avoid this fund.
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Taxation
If bought before April 1, 2023
- Less than or equal to 24 months: Short-Term Capital Gains (STCG) are taxed as per your applicable income tax slab.
- More than 24 months: Long-Term Capital Gains (LTCG) are taxed at 12.5% on gains.
If bought after April 1, 2023
- Taxed at applicable slab rates.
Scheme Details
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.
Exit Load
- Nil
Minimum investment amount
Lumpsum
₹ 5000 (open for subscription)
Other details
Founded In2018
Email AddressMIRAEMF.customercare@kfintech.com
| Fund Manager Name | Total Exp. (Years) | No. of Funds Managed |
|---|---|---|
| Basant Bafna | 2.8 | 3 |
About Mirae MF
- Mirae Asset Mutual Fund is a global asset management company (AMC) with a strong presence in India, known for its innovative and disciplined investment strategies across equity and debt funds.
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Frequently Asked Questions
Are debt funds risk-free?
No, debt funds aren’t entirely risk-free. They may be less volatile than equities, but carry risks like changing interest rates, credit, liquidity, concentration, and prepayment. Hence, as an investor, it is crucial you personalise your portfolio based on your financial personality, which includes your risk comfort and time horizon of your financial goals.
Is a higher yield-to-maturity (YTM) always better?
Not necessarily in every case. A higher yield-to-maturity (YTM) often implies a bond having lower credit ratings, possessing higher default risk. You must weigh YTM against your portfolio quality and your time horizon.
What’s best for an emergency fund?
An emergency fund requires saving 3-6 months of expenses, meaning planning for short-term goals. While debt funds like overnight or liquid funds are usually the preferred options due to their strong liquidity benefits, it is imperative for you to choose a fund that aligns with your financial personality.
Who can invest in debt funds?
Debt funds are suitable for investors who prefer easy liquidity, want low-risk investments, or aim for capital preservation.
Are debt funds better than equity funds?
A mutual fund scheme is designed with a specific purpose. Equity funds are for capital appreciation, while debt funds focus on capital preservation. It depends entirely on your personal finance goals, risk tolerance, and investment horizon. Choosing between debt and equity funds must align with what you want to achieve financially.
Disclaimer
The Information in the scoring and ranking model is provided solely for general information and educational purposes and shall not constitute any advice or recommendation. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Past performance is not an indicator of future returns.
Don't chase past returns.
Build a portfolio for the future
Our Advisory Includes
- Portfolio diversification
- Mutual fund tax harvesting
- Fund overlap check & more