Should I invest in Mirae Asset Low Duration Fund - Quarterly IDCW?

We don't give personal investment advice. Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW 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. Worst 5-year drawdown: 3.7%. 5-year CAGR: -0.33%.

Mirae Asset

Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW

Latest NAV

₹1,016.5220

As of

3 Jun 2026

3,361 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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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%	+0.00%	+0.03	9 / 42	Q1
1W	+0.23%	+0.14%	+0.09	3 / 42	Q1
2W	+0.20%	+0.14%	+0.06	9 / 42	Q1
1M	+0.16%	+0.16%	-0.01	17 / 42	Q2
3M	+0.96%	+0.03%	+0.93	9 / 42	Q1
6M	+0.68%	+0.41%	+0.27	14 / 41	Q2
YTD	+0.32%	+0.33%	-0.01	16 / 41	Q2
1Y	-0.11%	+1.48%	-1.58	32 / 41	Q4
2Y	+0.20%	+1.95%	-1.74	17 / 39	Q2
3Y	+0.16%	+1.95%	-1.80	17 / 38	Q2
4Y	+0.37%	+1.91%	-1.54	15 / 34	Q2
5Y	-0.33%	+1.88%	-2.21	31 / 31	Q4
7Y	+0.20%	+1.88%	-1.68	20 / 31	Q3
10Y	-0.14%	+1.85%	-1.99	25 / 25	Q4
Inception	+0.12%	+2.56%	-2.44	27 / 42	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
2026 YTD	+0.32%	+0.20%	+0.12	13 / 35
2025	-0.57%	+2.13%	-2.70	35 / 35
2024	+0.24%	+2.19%	-1.95	18 / 36
2023	+0.20%	+1.84%	-1.64	19 / 36
2022	+0.35%	+1.18%	-0.82	15 / 31
2021	-1.02%	+0.67%	-1.69	27 / 28
2020	+0.26%	+3.17%	-2.91	20 / 31
2019	-1.69%	-0.92%	-0.78	24 / 31
2018	-0.04%	+2.21%	-2.25	28 / 28
2017	-0.38%	+1.81%	-2.19	24 / 25
2016	+0.20%	+2.00%	-1.80	19 / 24

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

-0.01%

158 windows

min -3.1% · max 2.1%

50% positive

3-Year rolling

-0.11%

134 windows

min -1.2% · max 1.2%

36% positive

5-Year rolling

-0.19%

109 windows

min -0.9% · max 0.5%

21% positive

7-Year rolling

-0.20%

85 windows

min -0.5% · max 0.2%

15% positive

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

2.77%

3-year · annualised

Sharpe ratio

-2.27

vs risk-free 6.5%

Sortino ratio

-2.80

Downside-only deviation

Max drawdown

-2.48%

Jul 2025 → Jan 2026

% positive months

69.4%

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.

Peers in Low Duration Fund

Scheme	Fund house	NAV	As of
BANDHAN Low Duration Fund - Regular Plan - Periodic IDCW	Bandhan	₹13.4485	3 Jun 2026
Aditya Birla Sun Life Low Duration Fund -Regular - DAILY IDCW	Aditya Birla Sun Life	₹100.0001	3 Jun 2026
Kotak Low Duration Fund- Regular Plan-Standard Income Distribution cum capital withdrawal option	Kotak	₹1,251.5529	3 Jun 2026
Edelweiss Low Duration Fund - Regular Plan IDCW Payout	Edelweiss	₹1,071.2667	3 Jun 2026
DSP Low Duration Fund - Regular Plan - IDCW - Daily	DSP	₹10.1814	3 Jun 2026
HSBC Low Duration Fund - Regular Annual IDCW	HSBC	₹10.2200	3 Jun 2026
BARODA BNP PARIBAS LOW DURATION FUND - Regular Plan - DAILY IDCW OPTION	Baroda BNP Paribas	₹10.0604	3 Jun 2026
CANARA ROBECO SAVINGS FUND - REGULAR PLAN - MONTHLY IDCW (Payout/Reinvestment)	Canara Robeco	₹10.2803	3 Jun 2026
UTI Low Duration Fund - Regular Plan - Flexi IDCW	UTI	₹1,421.6197	3 Jun 2026
Axis Treasury Advantage Fund - Regular Plan - Daily IDCW	Axis	₹1,013.2484	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹1,016.5220
2 Jun 2026	₹1,016.5090
1 Jun 2026	₹1,016.1343
29 May 2026	₹1,015.4987
27 May 2026	₹1,014.6140
26 May 2026	₹1,014.1768
25 May 2026	₹1,014.2030
22 May 2026	₹1,013.5075
21 May 2026	₹1,013.2082
20 May 2026	₹1,014.0478

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.

As of 03 Jun 2026, the NAV of Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW is ₹1,016.5220. It's a Low Duration Fund from Mirae Asset, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW has NAV history starting from 27 Jun 2012, a track record of about 13 years 11 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

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

Over the trailing 1-year window, Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW has delivered a absolute return of -0.11% — -1.58 pp behind the Low Duration Fund category average of 1.48%. The fund ranks #32 of 41 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW has delivered a CAGR of 0.16% — -1.8 pp behind the Low Duration Fund category average of 1.95%. The fund ranks #17 of 38 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW has delivered a CAGR of -0.33% — -2.21 pp behind the Low Duration Fund category average of 1.88%. The fund ranks #31 of 31 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW exactly 10 years ago would be worth approximately ₹98,564 today — a multiplier of 0.99×, based on the 10-year CAGR of -0.14%. The category average over the same window would have grown ₹1 lakh to ₹120,083.

A ₹10,000 monthly SIP in Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹603,154 today. That's an XIRR (money-weighted annualised return) of 0.21%.

A ₹10,000 monthly SIP for 10 years in Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW = ₹1,200,000 invested. It would currently be worth ₹1,197,971 (multiplier 1.00×). XIRR: -0.03%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW ranks #31 out of 31 funds in the Low Duration Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 1.88%; this fund delivered -0.33%.

The worst peak-to-trough decline Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW has experienced over the last 5-year window is 3.68% — its NAV fell from a high on 16 Jul 2021 to a low on 06 May 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW averaged -0.19% (best 0.51%, worst -0.87%). 21% of rolling windows ended positive. The 5-year Sharpe ratio is -2.56 — negative risk-adjusted performance.

In calendar year 2025, Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW returned -0.57% — lagging the Low Duration Fund category average of 2.12% by 2.70 pp. It ranked #35 of 35 in its category that year.

Mirae Asset Low Duration Fund - Regular Plan - Quarterly IDCW 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 Low Duration Fund - Regular Plan - Quarterly IDCW 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. Worst 5-year drawdown: 3.7%. 5-year CAGR: -0.33%.

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