Mirae Asset Savings Fund - G

NAV ₹2,139.22 ↑ 0.31 (0.01 %) as on 4 Oct 24

Table of Contents

Scheme Objective
NAV Price Chart
Returns
- Historical Returns
- Compounded Returns
Growth Of 10k Over Years
Holdings / Portfolio
All Plan & Options
Fund Manager Information
Custodians
Registrar & Transfer Agent (RTA)
Administrator Companies
Auditors

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 4.7% since its launch. Ranked 84 in Low Duration category. Return for 2023 was 6.6% , 2022 was 4% and 2021 was 3.1% .

Below is the key information for Mirae Asset Savings Fund

NAV as on 4 Oct 24	₹2,139.22 ↑ 0.31 (0.01 %)
Net Assets (AUM) as on 31 Aug 2024	₹1,430 Cr.
Launch Date	5 Mar 2008
Category	Debt - Low Duration
Rating	☆
Type	Open Ended Fund
Risk	Moderately Low
Yield To Maturity	7.64%
Effective Maturity	11 Months 19 Days
Modified Duration	10 Months 13 Days

Alpha Ratio	0.0
Expense Ratio	0.72 %
Sharpe Ratio	0.024
Information Ratio	0.0
Benchmark	Not Available
ISIN	INF769K01937
AMC	Mirae Asset Global Inv (India) Pvt. Ltd
Min Investment	₹5,000
Min SIP Investment	₹1,000
Exit Load	NIL

NAV Price Chart

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 4 Oct 24

Duration	Returns
1 Month	0.6%
3 Month	1.9%
6 Month	3.7%
1 Year	7.3%
3 Year	5.6%
5 Year	5.4%
10 Year
15 Year
Since launch	4.7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

Year	Returns
2023	6.6%
2022	4%
2021	3.1%
2020	6.7%
2019	5.8%
2018	6.6%
2017	5.8%
2016	6.9%
2015	7%

Growth of 10k Over Years

Date	Value
30 Sep 19	₹10,000
30 Sep 20	₹10,655
30 Sep 21	₹11,047
30 Sep 22	₹11,400
30 Sep 23	₹12,134
30 Sep 24	₹13,013

Asset Allocation

Asset Class	Value
Cash	38.77%
Debt	61.04%
Other	0.19%

Sector Allocation

Sector	Value
Corporate	62.46%
Government	18.92%
Cash Equivalent	18.42%

Rating	Value
AA	3.32%
AAA	96.68%

Top Securities Holdings / Portfolio

Holdings/Securities

Name	Holding	Value	Quantity
LIC Housing Finance Ltd Debentures \| -	4%	₹64 Cr	6,500,000
182 DTB 28112024 Sovereign Bonds \| -	4%	₹54 Cr	5,500,000
Rec Limited Debentures \| -	3%	₹44 Cr	4,500,000
Rural Electrification Corporation Limited Debentures \| -	3%	₹40 Cr	4,000,000
8.34% Govt Stock 2033 Sovereign Bonds \| -	2%	₹31 Cr	3,000,000
Small Industries Development Bank Of India Debentures \| -	2%	₹31 Cr	3,100,000 ↑ 3,100,000
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹30 Cr	3,000,000
National Bank For Agriculture And Rural Development Debentures \| -	2%	₹30 Cr	3,000,000 ↑ 3,000,000
364 DTB 05122024 Sovereign Bonds \| -	2%	₹29 Cr	3,000,000
Hdb Financial Services Limited Debentures \| -	2%	₹26 Cr	2,600,000 ↑ 2,600,000

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Fund Managers

Name	Since	Tenure
Basant Bafna	1 Feb 24	0.58 Yr.

Custodians

Company	Address
Deutsche Bank AG	Deutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
Address	138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAX	N.A
Email	N.A

Administrator Companies

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

Auditors

Company	Address
M/s. Chokshi & Chokshi	101/102, Kshamalaya 1st Floor,,37, Sir V. Thackersey Marg,

All Plan & Options

Fund and Plan	NAV	6 Month	1 Year	3 Year	5 Year
Mirae Asset Savings Fund Growth	₹2,139.22 ↑ 0.31	3.67 %	7.25 %	5.64 %	5.4 %
Mirae Asset Savings Fund Weekly Dividend, Reinvestment	₹1,106.8 ↑ 0.17	2.23 %	5.86 %	5.2 %	5 %
Mirae Asset Savings Fund Quarterly Dividend, Reinvestment	₹1,018.72 ↑ 0.15	1.74 %	5.2 %	4.97 %	5.11 %
Mirae Asset Savings Fund Quarterly Dividend, Payout	₹1,018.72 ↑ 0.15	1.74 %	5.2 %	4.97 %	5.11 %
Mirae Asset Savings Fund Monthly Dividend, Reinvestment	₹1,089.77 ↑ 0.16	-0.03 %	3.43 %	4.37 %	4.5 %
Mirae Asset Savings Fund Monthly Dividend, Payout	₹1,089.77 ↑ 0.16	-0.03 %	3.43 %	4.37 %	4.5 %
Mirae Asset Savings Fund Daily Dividend, Reinvestment	₹1,005.16	2.28 %	5.78 %	5.16 %	4.96 %
Data as on 4 Oct 24

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

Shepard Technologies Pvt. Ltd : 1808, Solus, Hiranandani Estate, Thane, Maharashtra - 400607

AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153

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