Mirae Asset Short Duration Fund
The scheme seeks to generate returns through an actively managed diversified portfolio of debt and money market instruments with Macaulay duration of the portfolio between 1 year to 3 years.
Growthvine rating: 2/5 — ranked #30 of 45 in category.
Fund basics
| Category | Debt: Short Duration |
|---|---|
| NAV | ₹16.61 (as of 2026-08-21) |
| AUM | ₹543 Cr |
| Expense ratio | 0.88% |
| Riskometer | Moderate |
| Fund manager | Basant Bafna |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 5.63% |
|---|---|
| Sharpe ratio | 0.49 |
| Standard deviation | 1.43% |
| Max drawdown | -2.23% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 92.6% of NIFTY Short Duration Debt Index's upside and 88.4% of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 2.7% | Q4 (Bottom) | #41 of 41 |
| 2025 | 7.4% | Q3 | #21 of 37 |
| 2024 | 7.6% | Q3 | #20 of 34 |
| 2023 | 6.3% | Q4 (Bottom) | #24 of 30 |
| 2022 | 3.1% | Q2 | #11 of 21 |