Holdings (44)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25E 7.53 BD 24MR28 FVRS1LAC | Financial | Bonds | 9.15160583% |
| INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 189 6.78 BD 30AP30 FVRS1LAC | Financial | Bonds | 8.90759833% |
| GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100 | Entities | GOI Securities | 8.29447981% |
| TORRENT PHARMACEUTICALS LTD SR 2 7.60 NCD 19JN29 FVRS1LAC | Healthcare | Non Convertible Debenture | 4.53197851% |
| ICICI SECURITIES LIMITED SR 1 7.45 NCD 24NV28 FVRS1LAC | Financial | Debenture | 4.5105883% |
| KOTAK MAHINDRA BANK LIMITED CD 24SEP26 | Financial | Certificate of Deposit | 4.49267958% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VIII 7.68 BD 09JL27 FVRS1LAC | Financial | Debenture | 4.40782185% |
| HDFC BANK LIMITED CD 22JAN27 | Financial | Certificate of Deposit | 4.3771283% |
| PUNJAB NATIONAL BANK CD 04FEB27 | Financial | Certificate of Deposit | 4.36843149% |
| REC LIMITED SR 251 6.95 BD 18FB28 FVRS1LAC | Financial | Bonds | 4.35563986% |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund Returns | 5.09% | 7.42% | 6.44% | 8.98% |
| Category Average | 7.38% | 7.15% | 5.86% | NA% |
| Rank Within Category | 24.00% | 14.00% | 13.00% | NA% |
Expense ratio, exit load and tax
Expense ratio: 0.23%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Fund management
Education
Mr. Bafna has done B.Com, MBA, CS, CA, FRM and CFA
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India
Managed Schemes
Mirae Asset Low Duration Fund Direct Growth
Mirae Asset Aggressive Hybrid Fund Direct Growth
Mirae Asset Dynamic Bond Fund Direct Growth
Mirae Asset Short Duration Fund Direct Growth
Mirae Asset Equity Savings Fund Direct Growth
Mirae Asset Banking and PSU Fund Direct Growth
Mirae Asset Ultra Short Duration Fund Direct Growth
Mirae Asset Corporate Bond Fund Direct Growth
Mirae Asset Balanced Advantage Fund Direct Growth
Education
Mr. Modani is Chartered Accountant
Experience
Prior to joining Shriram AMC, he has worked with Mirae Asset Mutual Fund, BOI AXA Mutual Fund, Quantum Asset Management Company Private Limited and Pramerica Asset Managers Pvt. Ltd.