Mirae Asset Corporate Bond Fund
Current Fund Size :
N.A.
₹13.19
NAV
6.29% p.a.
Overall Return
0.02%
1-Day Change
0.24%
Expense Ratio
₹ 44 Cr
AUM (Fund Size)
4+ yrs
Fund Age
Investment Policy
Benchmark
CRISIL Corporate Debt A-II
Risk Level
Moderate Risk
Min. Investment
SIP: ₹1000 & Lumpsum: ₹5000
Exit Load
0%
Lock-in Period
Nil
Capital Gains Tax Rules (Equity)
STCG (Before 1 Year)
LTCG (After 1 Year)
Age of Fund
4 yrs 7 m since Feb 24, 2021
Current Value (Example)
N.A.
Returns Ratio
N/A
Holdings Lists
| # | Company Name | Sector | Instrument | % of Assets |
|---|---|---|---|---|
| 1 | HDFC Bank Ltd. | Financial | NCD | 6.69% |
| 2 | National Bank For Agriculture & Rural Development | Financial | Bonds | 5.06% |
| 3 | Power Finance Corporation Ltd. | Financial | Debenture | 4.61% |
| 4 | Kotak Mahindra Prime Ltd. | Financial | Bonds | 4.55% |
| 5 | Power Finance Corporation Ltd. | Financial | Debenture | 4.55% |
| 6 | National Housing Bank | Financial | Debenture | 2.30% |
Peer Comparison: Returns & Risk Ratios
| # | Fund Name | Annualized Returns | Risk Ratios | Other Details | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | Std. Deviation | Beta | Sharpe Ratio | Sortino Ratio | AUM | Fund Age | Expense Ratio | ||
| 1 | Mirae Asset Corporate Bond Fund | 8.07% | 7.79% | N.A. | 1.28 | 0.68 | 0.74 | 1.21 | 44 Cr | 4 yrs 7 m | 0.24% |
| 2 | Nippon India Corporate Bond Fund | 8.41% | 8.38% | 7.1% | 1.27 | 0.68 | 1.20 | 1.95 | 10,042 Cr | 12 yrs 8 m | 0.36% |
| 3 | PGIM India Corporate Bond Fund | 8.16% | 7.89% | 6.64% | 1.23 | 0.64 | 0.84 | 1.36 | 88 Cr | 12 yrs 8 m | 0.25% |
| 4 | Franklin India Corporate Debt Fund | 9.87% | 8.33% | 6.85% | 1.41 | 0.56 | 1.03 | 2.33 | 1,071 Cr | 12 yrs 8 m | 0.25% |
| 5 | Kotak Corporate Bond Fund | 8.26% | 8.1% | 6.62% | 1.13 | 0.59 | 1.13 | 1.93 | 17,612 Cr | 12 yrs 8 m | 0.34% |
| 6 | Canara Robeco Corporate Bond Fund | 7.01% | 7.37% | 5.99% | 1.13 | 0.62 | 0.51 | 0.77 | 115 Cr | 11 yrs 8 m | 0.36% |
Trailing Returns vs. Category Average
| # | Period | Fund Return | Category Average |
|---|---|---|---|
| 1 | 1 Month | 0.56% | 0.65% |
| 2 | 3 Months | 1.1% | 1.15% |
| 3 | 6 Months | 3.75% | 3.88% |
| 4 | 1 Year | 8.07% | 8.06% |
| 5 | 2 Years | 8.12% | 8.28% |
| 6 | 3 Years | 7.79% | 7.96% |
| 7 | 4 Years | 6.32% | 6.54% |
Related Funds
| # | Fund Name | AUM | Return 1y | Return 5y | url |
|---|---|---|---|---|---|
| 1 | Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund | 238 Cr | 7.84% | View Detail | |
| 2 | Mirae Asset Nifty SDL Jun 2027 Index Fund | 564 Cr | 7.8% | View Detail | |
| 3 | Mirae Asset Short Duration Fund | 896 Cr | 8.44% | View Detail | |
| 4 | Mirae Asset Dynamic Bond Fund | 121 Cr | 7.97% | View Detail | |
| 5 | Mirae Asset Low Duration Fund | 1,865 Cr | 8.0% | View Detail |
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