- AMC
- Mirae Asset Mutual Fund
- Category
- Ultra Short to Short Term Fund
- ISIN
- INF769K01986
Mirae Asset Low Duration Fund
₹1,004.7073
+₹0.4989 (+0.05%)
NAV · Regular · IDCW Daily ·
Mirae Asset Low Duration Fund's Regular IDCW Daily NAV was ₹1,004.7073 on 19 Oct 2026, up 0.05% on the day. Its 3-year return is −0.02% a year.
- Expense ratio
- 0.87%
- Fund size
- ₹2,232.72 Cr
- Min. investment
- ₹5,000
NAV history
Between 20 Oct 2025 and 19 Oct 2026, the NAV ranged from ₹1,002.4267 to ₹1,005.1646.
Regular · IDCW Daily plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old.
Fund details
- Expense ratio
- 0.87% (Regular)
- Exit load
- nil
- Riskometer
- Low to moderate
- Benchmark
- Nifty Low Duration Debt Index A-I
- Launched
- 29 Feb 2008
- Fund managers
- Basant Bafna
Fund size, expense ratio and minimums as of 1 Sep 2026.
All plans
| Plan | ISIN | NAV | 1 day | Expense ratio | 1 year |
|---|---|---|---|---|---|
| Direct · Growth | INF769K01BO9 | ₹2,665.4369 | +0.06% | 0.22% | +6.10% |
| Regular · Growth | INF769K01937 | ₹2,427.3705 | +0.05% | 0.87% | +5.38% |
| Direct · IDCW Monthly | INF769K01BP6 | ₹1,162.2941 | +0.06% | 0.22% | −0.27% |
| Direct · IDCW Quarterly | INF769K01BQ4 | ₹1,001.5918 | +0.06% | 0.22% | −0.09% |
| Direct · IDCW Daily | INF769K01BR2 | ₹1,208.5149 | +0.06% | 0.22% | −0.03% |
| Direct · IDCW Weekly | INF769K01BS0 | ₹1,454.5887 | +0.06% | 0.22% | −0.02% |
| Regular · IDCW Monthly | INF769K01960 | ₹1,089.1978 | +0.05% | 0.87% | −0.31% |
| Regular · IDCW Quarterly | INF769K01978 | ₹1,001.3499 | +0.05% | 0.87% | −0.11% |
| Regular · IDCW Daily | INF769K01986 | ₹1,004.7073 | +0.05% | 0.87% | −0.05% |
| Regular · IDCW Weekly | INF769K01994 | ₹1,106.5761 | +0.05% | 0.87% | −0.04% |
All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).
About this fund
Mirae Asset Low Duration Fund is an open-ended mutual fund from Mirae Asset Mutual Fund, in the Ultra Short to Short Term Fund category. It began on 29 Feb 2008. It is benchmarked to the Nifty Low Duration Debt Index A-I. The fund manages ₹2,232.72 Cr across its plans as of 1 Sep 2026. The Regular · IDCW Daily plan has an expense ratio of 0.87%. The minimum first investment is ₹5,000, and SIPs are available.
FAQs
What is the NAV of Mirae Asset Low Duration Fund?
The NAV of Mirae Asset Low Duration Fund (Regular · IDCW Daily) was ₹1,004.7073 on 19 Oct 2026, up 0.05% from the previous NAV.
What plans does Mirae Asset Low Duration Fund have?
Mirae Asset Low Duration Fund has 10 plans: Direct · Growth; Regular · Growth; Direct · IDCW Monthly; Direct · IDCW Quarterly; Direct · IDCW Daily; Direct · IDCW Weekly; Regular · IDCW Monthly; Regular · IDCW Quarterly; Regular · IDCW Daily; Regular · IDCW Weekly.
What is the expense ratio of Mirae Asset Low Duration Fund?
The Regular · IDCW Daily plan of Mirae Asset Low Duration Fund has an expense ratio of 0.87%.
What is the fund size (AUM) of Mirae Asset Low Duration Fund?
Mirae Asset Low Duration Fund manages ₹2,232.72 Cr across all plans as of 1 Sep 2026.
What returns has Mirae Asset Low Duration Fund delivered?
Mirae Asset Low Duration Fund returned −0.05% over 1Y, −0.02% a year over 3Y, −0.01% a year over 5Y. Past performance does not guarantee future returns.
What is the exit load of Mirae Asset Low Duration Fund?
Mirae Asset Low Duration Fund: nil.
What is the minimum investment and SIP amount for Mirae Asset Low Duration Fund?
The minimum first investment in Mirae Asset Low Duration Fund is ₹5,000, and ₹1,000 after that. SIPs are available (SIP available with Monthly/Quarterly frequency, minimum amount Rs. 1000 in multiples of Rs. 1, minimum 5 instalments, all dates except 29, 30 and 31).
How risky is Mirae Asset Low Duration Fund?
Mirae Asset Low Duration Fund is rated "low to moderate risk" on SEBI's riskometer.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.
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