Mirae Asset Savings Fund (Debt, Ultra Short Term)

1467.62
7.36%
NA
Income Generation
Short Term Horizon
Moderately Low
0.98%
9 yrs 9 months05 Mar 2008
₹ 408.42 Cr17 Nov 2017

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Minimum Investment

  • ₹ 5000.00 for Lumpsum

Exit Load

Investment Objective

The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.

Scheme Documents

TenureReturns (CAGR)
YTD
5.37
1 Month
0.36
3 Month
1.25
1 YR
5.96
2 YR
6.49
3 YR
6.69
TenureReturns (CAGR)
1 YR
5.84
2 YR
6.29
3 YR
6.46
5 YR
6.85

Portfolio

Company Name% Assets
Reserve Bank of India 11-D 02/11/20179.79
Union Bank of India 02/11/20177.59
Shriram Transport Finance Co. Ltd. 29/06/20186.42
Reliance Jio Infocomm Ltd. 29/04/2019 8.10%6.21
HDB Financial Services Ltd. 25/10/2019 7.78%6.16
Aadhar Housing Finance Ltd. 23/06/2020 8.58%3.67
Shriram Transport Finance Co. Ltd. 17/01/2019 7.60%3.67
Dewan Housing Finance Corpn. Ltd. 09/09/2019 9.05%2.49
Indiabulls Housing Finance Ltd. 24/07/2020 7.68%2.45
Axis Bank Ltd. 10/11/20172.44

Top Sectoral Holdings

Sector Name% Assets

Indicators

Standard Deviation0.42%
Beta0.82%
Sharpe Ratio5.08

Mahendra Kumar Jajoo

Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like Pramerica Asset Managers Private Ltd., Tata Asset Management Company, ABN Amro Asset Management Company and ABN Amro Securities India Pvt. Ltd. and ICICI Group.

Other Funds Managed by Mahendra Kumar Jajoo

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