Should I invest in Mirae Asset Gilt Fund Investment Plan - Regular Growth?

We don't give personal investment advice. Mirae Asset Gilt Fund Investment Plan - Regular Growth is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding.

Mirae Asset

Mirae Asset Gilt Fund Investment Plan - Regular Growth

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.04%	-0.05%	+0.08	4 / 17	Q1
1W	+0.13%	+0.21%	-0.08	6 / 17	Q2
2W	+0.26%	+0.30%	-0.03	4 / 17	Q1
1M	+0.56%	+0.24%	+0.32	4 / 17	Q1
3M	+1.66%	+1.68%	-0.02	5 / 17	Q2
6M	+3.46%	+2.93%	+0.53	5 / 17	Q2
YTD	+4.38%	+3.53%	+0.85	7 / 17	Q2
1Y	+7.17%	+4.79%	+2.37	5 / 17	Q2
2Y	+5.12%	+3.77%	+1.35	4 / 17	Q1
3Y	+3.70%	+3.93%	-0.24	10 / 17	Q3
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+4.17%	+4.62%	-0.45	9 / 17	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2012 YTD	+4.38%	+6.47%	-2.09	9 / 14
2011	+4.70%	+5.07%	-0.37	11 / 15
2010	+2.15%	+2.35%	-0.19	8 / 15
2009	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+3.25%

31 windows

min -0.9% · max 7.2%

97% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+3.52%

7 windows

min 3.0% · max 4.2%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

1.69%

3-year · annualised

Sharpe ratio

-1.69

vs risk-free 6.5%

Sortino ratio

-2.61

Downside-only deviation

Max drawdown

-3.43%

Aug 2009 → Aug 2009

% positive months

91.7%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Recent NAVs

Date	NAV
16 Aug 2012	₹11.5465
14 Aug 2012	₹11.5421
13 Aug 2012	₹11.5399
10 Aug 2012	₹11.5336
9 Aug 2012	₹11.5315
8 Aug 2012	₹11.5293
7 Aug 2012	₹11.5271
6 Aug 2012	₹11.5250
3 Aug 2012	₹11.5185
2 Aug 2012	₹11.5163

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

Mirae Asset Gilt Fund Investment Plan - Regular Growth is a Gilt from Mirae Asset (Regular plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

Mirae Asset Gilt Fund Investment Plan - Regular Growth has NAV history starting from 09 Feb 2009, a track record of about 17 years 4 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

Mirae Asset Gilt Fund Investment Plan - Regular Growth is managed by Mirae Asset. It's classified by AMFI under the 'Gilt' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mirae Asset Gilt Fund Investment Plan - Regular Growth has delivered a absolute return of 7.17% — +2.37 pp ahead of the Gilt category average of 4.79%. The fund ranks #5 of 17 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Mirae Asset Gilt Fund Investment Plan - Regular Growth has delivered a CAGR of 3.70% — -0.24 pp behind the Gilt category average of 3.93%. The fund ranks #10 of 17 in its category — the third (Q3) quartile.

Mirae Asset Gilt Fund Investment Plan - Regular Growth doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in Mirae Asset Gilt Fund Investment Plan - Regular Growth exactly 3 years ago would be worth approximately ₹111,508 today — a multiplier of 1.12×, based on the 3-year CAGR of 3.70%. The category average over the same window would have grown ₹1 lakh to ₹112,270.

A ₹10,000 monthly SIP in Mirae Asset Gilt Fund Investment Plan - Regular Growth over the last 3 years — total invested ₹360,000 — would be worth ₹389,192 today. That's an XIRR (money-weighted annualised return) of 5.12%.

Mirae Asset Gilt Fund Investment Plan - Regular Growth doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹389,192 — XIRR 5.12%.

On a 3-year basis, Mirae Asset Gilt Fund Investment Plan - Regular Growth ranks #10 out of 17 funds in the Gilt category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 3.93%; this fund delivered 3.70%.

The worst peak-to-trough decline Mirae Asset Gilt Fund Investment Plan - Regular Growth has experienced over the last 3-year window is 3.43% — its NAV fell from a high on 17 Aug 2009 to a low on 28 Aug 2009. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, Mirae Asset Gilt Fund Investment Plan - Regular Growth averaged 3.52% (best 4.19%, worst 2.97%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is -1.69 — negative risk-adjusted performance.

In calendar year 2011, Mirae Asset Gilt Fund Investment Plan - Regular Growth returned 4.70% — lagging the Gilt category average of 5.07% by 0.37 pp. It ranked #11 of 15 in its category that year.

Mirae Asset Gilt Fund Investment Plan - Regular Growth is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Mirae Asset Gilt Fund Investment Plan - Regular Growth is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.