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Mirae Asset Short Duration Fund Direct-idcw
Debt
Moderate Risk
Latest AUM
₹ 593.4 Cr.
NAV as on 27 jul, 2026
₹ 17.71
+20.58%
3 years annulised
This Fund
Fund Details
Fund Names
Mirae Asset Short Duration Fund Direct-idcw
Inception Date
16 Mar 2018
Lock In
No Lock-in
Risk
Principal at moderate risk
Category Average Annual Returns
8.71
Portfolio Composition Analysis
Debt
96.70%
Cash
3.30%
Portfolio Updated on: 08 Jul, 2026
Sector Allocations
Debt
Financial
Entities
Real Estate
Energy & Utilities
Healthcare
Diversified
Technology
Industrials
Portfolio Updated on: 27 jul, 2026
Top 10 Holdings
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| GOVERNMENT OF INDIA 36574 GOI 06OT35 6.48 FV RS 100 | Entities | GOI Securities | 16.48% |
| GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100 | Entities | GOI Securities | 11.27% |
| GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100 | Entities | GOI Securities | 11.14% |
| GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100 | Entities | GOI Securities | 10.88% |
| GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100 | Entities | GOI Securities | 8.72% |
| GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100 | Entities | GOI Securities | 13.23% |
| GOVERNMENT OF INDIA 35031 GOI 07OT34 6.79 FV RS 100 | Entities | GOI Securities | 8.18% |
| GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100 | Entities | GOI Securities | 1.00% |
| NATIONAL HOUSING BANK 7.59 BD 14JL27 FVRS1LAC | Financial | Debenture | 6.35% |
| GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100 | Entities | GOI Securities | 8.97% |
Debt & Credit Risk Analysis
| Sharpe Ratio | 1.04% |
| Standard Deviation | 1.20% |
Returns Analysis
| Tenure | Absolute | Annualised | Category Average |
|---|---|---|---|
| 3 Months | 2.20% | NA | 1.00% |
| 6 Months | 3.18% | NA | 4.64% |
| 9 Months | 3.97% | NA | 6.61% |
| 1 Year | 5.40% | 5.40% | 8.71% |
| 2 Years | 15.52% | 7.48% | 8.38% |
| 3 Years | 24.37% | 7.54% | 7.90% |
| 5 Years | 37.14% | 6.52% | 6.75% |
| 7 Years | 58.90% | 6.84% | NA |
Mirae Asset Short Duration Fund Direct-idcw is one Debt mutual fund offered by Mirae Asset Mutual Fund. Launched on 16 Mar 2018, the fund aims Optimal returns over short term. Investment in an actively managed diversified portfolio of debt and money market instruments including REITs & InvITs. It manages assets worth ₹593.4 crore as on Tue Mar 31, 2026. The expense ratio stands at 0.19%.
Basant Bafna has experience Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India
Amit Modani has experience Prior to joining Mirae Asset Mutual Fund, he has worked with BOI AXA Mutual Fund, Quantum Asset Management Company Private Limited and Pramerica Asset Managers Pvt. Ltd.
Top Performing Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Bank Of India Short Term Income Fund Direct-growth | 277.8 | +0.54% | +1.98% | +3.21% | +5.53% | +7.70% | +10.80% |
| Bank Of India Short Term Income Fund Direct-growth | 277.8 | +0.54% | +1.98% | +3.21% | +5.53% | +7.70% | +10.80% |
| Bank Of India Short Term Income Fund Direct-growth | 277.8 | +0.54% | +1.98% | +3.21% | +5.53% | +7.70% | +10.80% |
| Bank Of India Short Term Income Fund Direct-growth | 277.8 | +0.54% | +1.98% | +3.21% | +5.53% | +7.70% | +10.80% |
| Bank Of India Short Term Income Fund Direct-growth | 277.8 | +0.54% | +1.98% | +3.21% | +5.53% | +7.70% | +10.80% |
| Bank Of India Short Term Income Fund Direct-growth | 277.8 | +0.54% | +1.98% | +3.21% | +5.53% | +7.70% | +10.80% |
| Bank Of India Short Term Income Fund Direct-idcw Monthly | 277.8 | +0.54% | +1.98% | +3.21% | +5.53% | +7.70% | +10.80% |
| Bank Of India Short Term Income Fund Direct-idcw Monthly | 277.8 | +0.54% | +1.98% | +3.21% | +5.53% | +7.70% | +10.80% |
| Bank Of India Short Term Income Fund Direct-idcw Monthly | 277.8 | +0.54% | +1.98% | +3.21% | +5.53% | +7.70% | +10.80% |
| Bank Of India Short Term Income Fund Direct-idcw Monthly | 277.8 | +0.54% | +1.98% | +3.21% | +5.53% | +7.70% | +10.80% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More Funds from Mirae Asset Mutual Fund
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Mirae Asset Short Duration Fund Regular-growth | 593.4 | +0.46% | +1.98% | +2.73% | +4.50% | +6.64% | +5.64% |
| Mirae Asset Short Duration Fund Direct-growth | 593.4 | +0.54% | +2.20% | +3.18% | +5.40% | +7.54% | +6.52% |
| Mirae Asset Short Duration Fund Regular-idcw | 593.4 | +0.46% | +1.98% | +2.73% | +4.50% | +6.64% | +5.64% |
growth is based on 1-month returns of the funds
Top Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| ICICI Prudential Short Term Fund-growth | 20,688.4 | +0.48% | +1.97% | +3.32% | +5.74% | +7.35% | +6.59% |
| ICICI Prudential Short Term Fund-growth | 20,688.4 | +0.48% | +1.97% | +3.32% | +5.74% | +7.35% | +6.59% |
| ICICI Prudential Short Term Fund Direct Plan-growth | 20,688.4 | +0.54% | +2.12% | +3.63% | +6.38% | +7.99% | +7.28% |
| ICICI Prudential Short Term Fund-growth | 20,688.4 | +0.48% | +1.97% | +3.32% | +5.74% | +7.35% | +6.59% |
| ICICI Prudential Short Term Fund Direct Plan-growth | 20,688.4 | +0.54% | +2.12% | +3.63% | +6.38% | +7.99% | +7.28% |
| ICICI Prudential Short Term Fund Direct Plan-growth | 20,688.4 | +0.54% | +2.12% | +3.63% | +6.38% | +7.99% | +7.28% |
| ICICI Prudential Short Term Fund Direct Plan-growth | 20,688.4 | +0.54% | +2.12% | +3.63% | +6.38% | +7.99% | +7.28% |
| ICICI Prudential Short Term Fund Direct Plan-idcw Monthly | 20,688.4 | +0.54% | +2.12% | +3.63% | +6.38% | +7.99% | +7.28% |
| ICICI Prudential Short Term Fund Direct Plan-idcw Monthly | 20,688.4 | +0.54% | +2.12% | +3.63% | +6.38% | +7.99% | +7.28% |
| ICICI Prudential Short Term Fund-idcw Monthly | 20,688.4 | +0.48% | +1.97% | +3.32% | +5.74% | +7.35% | +6.59% |
Top funds are based on Fund AUM
Top Debt Funds
| Fund name | ||||
|---|---|---|---|---|
| Bank Of India Short Term Income Fund Direct-growth | ₹30.93 | +7.70% | +10.80% | — |
| Bank Of India Short Term Income Fund Direct-growth | ₹30.93 | +7.70% | +10.80% | — |
| Bank Of India Short Term Income Fund Direct-growth | ₹30.93 | +7.70% | +10.80% | — |
| Bank Of India Short Term Income Fund Direct-growth | ₹30.93 | +7.70% | +10.80% | — |
| Bank Of India Short Term Income Fund Direct-growth | ₹30.93 | +7.70% | +10.80% | — |
| Bank Of India Short Term Income Fund Direct-growth | ₹30.93 | +7.70% | +10.80% | — |
| Bank Of India Short Term Income Fund Direct-idcw Monthly | ₹15.04 | +7.70% | +10.80% | — |
| Bank Of India Short Term Income Fund Direct-idcw Monthly | ₹15.04 | +7.70% | +10.80% | — |
| Bank Of India Short Term Income Fund Direct-idcw Monthly | ₹15.04 | +7.70% | +10.80% | — |
| Bank Of India Short Term Income Fund Direct-idcw Monthly | ₹15.04 | +7.70% | +10.80% | — |
growth is based on 5Y returns of the funds
Historical NAV
| Date | NAV |
|---|---|
| 27 Jul 2026 | ₹17.71 |
| 24 Jul 2026 | ₹17.68 |
| 23 Jul 2026 | ₹17.67 |
| 22 Jul 2026 | ₹17.68 |
| 21 Jul 2026 | ₹17.68 |
| 20 Jul 2026 | ₹17.67 |
| 17 Jul 2026 | ₹17.67 |
| 16 Jul 2026 | ₹17.67 |
| 15 Jul 2026 | ₹17.66 |
| 14 Jul 2026 | ₹17.65 |
| 13 Jul 2026 | ₹17.68 |
| 10 Jul 2026 | ₹17.67 |
| 09 Jul 2026 | ₹17.66 |
| 08 Jul 2026 | ₹17.66 |
| 07 Jul 2026 | ₹17.70 |
| 06 Jul 2026 | ₹17.71 |
| 03 Jul 2026 | ₹17.70 |
| 02 Jul 2026 | ₹17.70 |
| 01 Jul 2026 | ₹17.67 |
| 30 Jun 2026 | ₹17.67 |
| 29 Jun 2026 | ₹17.66 |
| 25 Jun 2026 | ₹17.62 |
| 24 Jun 2026 | ₹17.60 |
| 23 Jun 2026 | ₹17.58 |
| 22 Jun 2026 | ₹17.57 |
| 19 Jun 2026 | ₹17.55 |
| 18 Jun 2026 | ₹17.55 |
| 17 Jun 2026 | ₹17.54 |
| 15 Jun 2026 | ₹17.53 |
| 12 Jun 2026 | ₹17.51 |
Portfolio Updated on: 28 Jul, 2026
Fund Growth & Size Analysis
+₹593.4 Cr
Since Launch
This Fund
Category Average
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Mirae Asset Short Duration Fund Direct-idcw Returns Comparison
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Mirae Asset Short Duration Fund Direct-idcw FAQ'S
- Sharpe Ratio: 1.04%
- Standard Deviation: 1.20%
As of Tue Mar 31, 2026, the total assets managed under Mirae Asset Short Duration Fund Direct-idcw stand at approximately ₹ 593.4 crore.
The Mirae Asset Short Duration Fund Direct-idcw has delivered the following short-term performance:
- 3 Months Return: 2.20%
- 6 Months Return: 3.18%
The historical growth of the Mirae Asset Short Duration Fund Direct-idcw is reflected through its CAGR returns:
- 3 Year CAGR: 7.54%
- 5 Year CAGR: 6.52%
- Return Since Launch: 7.11%
The portfolio of Mirae Asset Short Duration Fund Direct-idcw is distributed across different asset classes as follows:
- Debt Instruments: 96.70%
- Other Assets: 3.30%
The Mirae Asset Short Duration Fund Direct-idcw is managed by Amit Modani, representing Mirae Asset Mutual Fund.
Top stock holdings of Mirae Asset Short Duration Fund Direct-idcw include:
- GOVERNMENT OF INDIA 36574 GOI 06OT35 6.48 FV RS 100 – represents 16.48% of the portfolio
- GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100 – represents 11.27% of the portfolio
- GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100 – represents 11.14% of the portfolio
- GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100 – represents 10.88% of the portfolio
- GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100 – represents 8.72% of the portfolio
- GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100 – represents 13.23% of the portfolio
- GOVERNMENT OF INDIA 35031 GOI 07OT34 6.79 FV RS 100 – represents 8.18% of the portfolio
- GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100 – represents 1.00% of the portfolio
- NATIONAL HOUSING BANK 7.59 BD 14JL27 FVRS1LAC – represents 6.35% of the portfolio
- GOVERNMENT OF INDIA 33618 GOI 13NV30 7.32 FV RS 100 – represents 8.97% of the portfolio
Major sector exposures in Mirae Asset Short Duration Fund Direct-idcw are:
- Financial – accounts for 601.52% of the portfolio
- Entities – accounts for 130.39% of the portfolio
- Real Estate – accounts for 46.46% of the portfolio
- Energy & Utilities – accounts for 27.84% of the portfolio
- Healthcare – accounts for 20.82% of the portfolio
