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Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth

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Overview

Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth

Mirae Asset Mutual Fund

The scheme seeks to track the Nifty SDL June 2028 Index by investing in State Development Loans (SDL), maturing on or before June 30, 2028, subject to tracking errors.

Investments in Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.

Latest NAV

₹ 11.8972

Fund Size (AUM)

₹71.72 Cr

Risk

Low to Moderate (Risk rating: 7/10)

Minimum Investment

Lumpsum: ₹ 5000

SIP: ₹None

Launch Date

31-Mar-2023

Expense Ratio

0.09%

Exit Load

Nil

Benchmark

Nifty SDL June 2028 Index

Standard Deviation

N/A

History

Performance & Ratios

1-Year SIP Return

10.86%

3-Year SIP Return

N/A

5-Year SIP Return

N/A

Mean Return

N/A

Alpha

-

Beta

-

Sharpe Ratio

-

Sortino Ratio

-

Information Ratio

-

Returns
1Y 3Y 5Y All Time
Fund Returns 10.4% N/A N/A N/A
Category Average 9.84% 6.99% 7.47% N/A
Rank Within Category 32 N/A N/A N/A

Holdings (14)

Company Sector Instrument Assets
Maharashtra State Others SDL 17.51%
Uttar Pradesh State Others SDL 14.57%
Tamilnadu State Others SDL 14.51%
Gujarat State Construction SDL 14.1%
Telangana State Financial SDL 12.61%
Kerala State Others SDL 7.21%
Uttarakhand State Others SDL 5.78%
Andhra Pradesh State Financial SDL 4.98%
Kerala State Others SDL 2.17%
Gujarat State Construction SDL 1.3%

Holdings Analysis

Peer Comparison

SIP, STP & SWP Details

Systematic Investment Plan (SIP):

SIP Not Available for investment

Systematic Transfer Plan (STP):

Not Available

Systematic Withdrawal Plan (SWP):

Not Available

AMC Details

Asset Management Company

Mirae Asset Mutual Fund

Mirae Asset Mutual Fund started their mutual fund on 30/11/2007 and its managing total assets of ₹11,044 Cr. Its ranked at 22 as per total assets at end of 30th Sep 2017. Mirae Asset Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.

Mirae Asset is a global financial company which is present across 12 countries and 5 continents. The company was founded in 1997 and since then pioneered to become a global presence.

Mirae believes that they are the best investment choice because of their strong investment philosophy, and niche to understand comparative advantage of various companies to make a sustainable and long- lasting decision for investors. They always believe in investing with a long term goal to sustainability in the market.

They believe in assessing risk in a way that it ultimately optimizes returns of investors. They constantly monitor the valuation, liquidity and corporate governance so that any risk can be mitigated. As a global brand it has obtained the trust of investors and has made a mark for itself in the mutual fund industry.

Launch Date

2007-11-30T00:00:00.925Z

Total AUM

₹ 183685.26 Cr

Address

Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098

Phone

022-67800301 / 1800-2090-777

Website

http://www.miraeassetmf.co.in

Sub Type

Gilt

Sub Type Info

Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.

Tax Impact

Returns are taxed as per your Income Tax slab.

Stamp Duty

0.005% (from July 1st, 2020)

Fund Manager Details

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Frequently Asked Questions

How is the overall rating calculated?

The overall rating for Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.

What are the top stocks of Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth?

The top stocks held by Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth include Maharashtra State, Uttar Pradesh State, Tamilnadu State.

Which industries does Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth invest in?

Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth primarily invests in the following industries: Others, Construction, Financial.

Who is the fund manager of Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth?

The fund manager of Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth is Mahendra Kumar Jajoo.

How many years has the fund manager been managing Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth?

Mahendra Kumar Jajoo: Calculating...

What is the minimum investment for Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth?

The minimum investment for Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth is ₹5000 for lumpsum investments and ₹None for SIPs.

What are the average 1-year returns for Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth?

Calculating...

What are the average 3-year returns for Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth?

Calculating...

What is the expense ratio of Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth, and how does it compare to its category?

The expense ratio of Mirae Asset Nifty SDL June 2028 Index Fund Direct Growth is 0.09%. No category comparison data is available.