Mirae Asset

Mirae Asset Gilt Fund Savings Plan - Provident Fund Automatic Capital Appreciation Quarterly

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	+0.03%	+0.01%	+0.03	16 / 67	Q1
1W	+0.12%	-10.06%	+10.18	25 / 69	Q2
2W	+0.24%	-9.67%	+9.91	20 / 73	Q2
1M	+0.51%	-9.89%	+10.40	19 / 72	Q2
3M	+1.57%	-12.90%	+14.48	17 / 76	Q1
6M	+3.25%	-12.24%	+15.49	25 / 76	Q2
YTD	+4.03%	-12.22%	+16.25	18 / 75	Q1
1Y	+6.50%	-10.28%	+16.78	22 / 75	Q2
2Y	+4.48%	-12.45%	+16.93	29 / 71	Q2
3Y	+3.39%	-16.88%	+20.26	30 / 70	Q2
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+3.26%	-18.29%	+21.55	38 / 85	Q2

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	+4.03%	+5.57%	-1.55	31 / 55
2011	+4.27%	+2.07%	+2.20	28 / 59
2010	+1.27%	+0.75%	+0.53	47 / 68
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

+2.84%

31 windows

min 1.1% · max 6.5%

100% positive

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

3-Year rolling

+2.98%

7 windows

min 2.6% · max 3.4%

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

0.67%

3-year · annualised

Sharpe ratio

-4.70

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-1.33%

Aug 2009 → Aug 2009

% positive months

100.0%

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	₹11.1999
14 Aug 2012	₹11.1961
13 Aug 2012	₹11.1941
10 Aug 2012	₹11.1885
9 Aug 2012	₹11.1866
8 Aug 2012	₹11.1847
7 Aug 2012	₹11.1828
6 Aug 2012	₹11.1809
3 Aug 2012	₹11.1752
2 Aug 2012	₹11.1733

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 Savings Plan - Provident Fund Automatic Capital Appreciation Quarterly is a Gilt from Mirae Asset (Unknown 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 Savings Plan - Provident Fund Automatic Capital Appreciation Quarterly 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 Savings Plan - Provident Fund Automatic Capital Appreciation Quarterly 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 Savings Plan - Provident Fund Automatic Capital Appreciation Quarterly has delivered a absolute return of 6.50% — +16.78 pp ahead of the Gilt category average of -10.28%. The fund ranks #22 of 75 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Mirae Asset Gilt Fund Savings Plan - Provident Fund Automatic Capital Appreciation Quarterly has delivered a CAGR of 3.39% — +20.26 pp ahead of the Gilt category average of -16.88%. The fund ranks #30 of 70 in its category — the second (Q2) quartile.

Mirae Asset Gilt Fund Savings Plan - Provident Fund Automatic Capital Appreciation Quarterly 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 Savings Plan - Provident Fund Automatic Capital Appreciation Quarterly exactly 3 years ago would be worth approximately ₹110,505 today — a multiplier of 1.11×, based on the 3-year CAGR of 3.39%. The category average over the same window would have grown ₹1 lakh to ₹57,435.

A ₹10,000 monthly SIP in Mirae Asset Gilt Fund Savings Plan - Provident Fund Automatic Capital Appreciation Quarterly over the last 3 years — total invested ₹360,000 — would be worth ₹385,834 today. That's an XIRR (money-weighted annualised return) of 4.54%.

Mirae Asset Gilt Fund Savings Plan - Provident Fund Automatic Capital Appreciation Quarterly doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹385,834 — XIRR 4.54%.

On a 3-year basis, Mirae Asset Gilt Fund Savings Plan - Provident Fund Automatic Capital Appreciation Quarterly ranks #30 out of 70 funds in the Gilt category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is -16.88%; this fund delivered 3.39%.

The worst peak-to-trough decline Mirae Asset Gilt Fund Savings Plan - Provident Fund Automatic Capital Appreciation Quarterly has experienced over the last 3-year window is 1.33% — 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 Savings Plan - Provident Fund Automatic Capital Appreciation Quarterly averaged 2.98% (best 3.39%, worst 2.58%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is -4.70 — negative risk-adjusted performance.

In calendar year 2011, Mirae Asset Gilt Fund Savings Plan - Provident Fund Automatic Capital Appreciation Quarterly returned 4.27% — beating the Gilt category average of 2.07% by 2.20 pp. It ranked #28 of 59 in its category that year.

Mirae Asset Gilt Fund Savings Plan - Provident Fund Automatic Capital Appreciation Quarterly 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 Savings Plan - Provident Fund Automatic Capital Appreciation Quarterly 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.