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Fincash » Mutual Funds » Mirae Asset Savings Fund

Mirae Asset Savings Fund - G

NAV  ₹2,213.92 ↑ 2.34  (0.11 %) as on 28 Mar 25

Scheme Objective

The investment objective of the scheme is to seek to generate returns with low volatility and higher liquidity through a portfolio of debt and money market instruments. The scheme does not guarantee any returns.

Mirae Asset Savings Fund is a Debt - Low Duration fund launched on 5 Mar 08. It is a fund with Moderately Low risk and has given a CAGR return of 4.8% since its launch.  Ranked 84 in Low Duration category.  Return for 2024 was 7.4% , 2023 was 6.6% and 2022 was 4% .

Below is the key information for Mirae Asset Savings Fund

NAV as on 28 Mar 25₹2,213.92 ↑ 2.34  (0.11 %)
Net Assets (AUM) as on 28 Feb 2025 ₹1,200 Cr.
Launch Date5 Mar 2008
CategoryDebt - Low Duration
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity7.58%
Effective Maturity10 Months 7 Days
Modified Duration9 Months 7 Days
Alpha Ratio0.0
Expense Ratio0.72 %
Sharpe Ratio1.611
Information Ratio0.0
BenchmarkNot Available
ISININF769K01937
AMCMirae Asset Global Inv (India) Pvt. Ltd
Min Investment ₹5,000
Min SIP Investment ₹1,000
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Mar 25

DurationReturns
1 Month 0.8%
3 Month 2%
6 Month 3.7%
1 Year 7.5%
3 Year 6.4%
5 Year 5.6%
10 Year
15 Year
Since launch 4.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2024 7.4%
2023 6.6%
2022 4%
2021 3.1%
2020 6.7%
2019 5.8%
2018 6.6%
2017 5.8%
2016 6.9%

Growth of 10k Over Years

DateValue
29 Feb 20₹10,000
28 Feb 21₹10,562
28 Feb 22₹10,920
28 Feb 23₹11,396
29 Feb 24₹12,182
28 Feb 25₹13,074

Asset Allocation

Asset ClassValue
Cash41.77%
Debt57.99%
Other0.24%

Sector Allocation

SectorValue
Corporate51.39%
Cash Equivalent27.25%
Government21.11%
RatingValue
AA3.81%
AAA96.19%

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
National Bank For Agriculture And Rural Development
Debentures | -
6%₹80 Cr8,000,000
↑ 2,500,000
364 DTB 04122025
Sovereign Bonds | -
5%₹71 Cr7,500,000
7.93% Govt Stock 2033
Sovereign Bonds | -
4%₹51 Cr5,000,000
Power Finance Corporation Limited
Debentures | -
3%₹45 Cr4,500,000
LIC Housing Finance Ltd
Debentures | -
3%₹45 Cr4,500,000
Small Industries Development Bank Of India
Debentures | -
3%₹40 Cr4,000,000
Small Industries Development Bank Of India
Debentures | -
2%₹30 Cr3,000,000
Power Finance Corporation Ltd.
Debentures | -
2%₹25 Cr2,500,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹25 Cr2,500,000
Power Finance Corporation Ltd.
Debentures | -
2%₹25 Cr2,500,000
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Fund Managers

NameSinceTenure
Basant Bafna1 Feb 241.08 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
Address138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAXN.A
EmailN.A

Administrator Companies

CompanyAddress
Mirae Asset Investment Managers (India) Private LimitedMirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098

Auditors

CompanyAddress
M/s. Chokshi & Chokshi101/102, Kshamalaya 1st Floor,,37, Sir V. Thackersey Marg,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Mirae Asset Savings Fund
Growth
₹2,213.92
↑ 2.34
3.68 %7.45 %6.35 %5.64 %
Mirae Asset Savings Fund
Weekly Dividend, Reinvestment
₹1,108.55
↑ 1.17
3.68 %7.46 %6.41 %5.68 %
Mirae Asset Savings Fund
Quarterly Dividend, Reinvestment
₹1,018.71
↑ 1.07
1.77 %5.41 %5.68 %5.53 %
Mirae Asset Savings Fund
Quarterly Dividend, Payout
₹1,018.71
↑ 1.07
1.77 %5.41 %5.68 %5.53 %
Mirae Asset Savings Fund
Monthly Dividend, Reinvestment
₹1,092.87
↑ 1.15
1.08 %4.76 %5.46 %5.11 %
Mirae Asset Savings Fund
Monthly Dividend, Payout
₹1,092.87
↑ 1.15
1.08 %4.76 %5.46 %5.11 %
Mirae Asset Savings Fund
Daily Dividend, Reinvestment
₹1,005.16
-0.12 %3.43 %5.02 %4.83 %
Data as on 28 Mar 25

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.