Should I invest in Mirae Asset Short Duration Fund?

We don't give personal investment advice. Mirae Asset Short Duration Fund - Regular Plan - 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. Worst 5-year drawdown: 1.0%. 5-year CAGR: 5.38%.

Mirae Asset

Mirae Asset Short Duration Fund - Regular Plan - Growth

Latest NAV

₹16.2822

As of

3 Jun 2026

1,985 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	+0.07%	+0.03%	+0.04	2 / 11	Q1
1W	+0.24%	+0.20%	+0.04	5 / 11	Q2
2W	+0.38%	+0.30%	+0.09	1 / 11	Q1
1M	+0.15%	+0.11%	+0.04	2 / 11	Q1
3M	+0.04%	+0.39%	-0.35	11 / 11	Q4
6M	+0.82%	+1.22%	-0.41	11 / 11	Q4
YTD	+0.71%	+1.08%	-0.37	11 / 11	Q4
1Y	+3.26%	+3.70%	-0.44	11 / 11	Q4
2Y	+6.21%	+6.39%	-0.19	7 / 10	Q3
3Y	+6.22%	+6.33%	-0.11	6 / 10	Q3
4Y	+6.23%	+6.31%	-0.08	5 / 8	Q3
5Y	+5.38%	+5.36%	+0.02	4 / 7	Q3
7Y	+5.93%	+5.80%	+0.13	3 / 6	Q2
10Y	—	—	—	—	—
Inception	+6.08%	+6.27%	-0.18	6 / 11	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	+0.71%	+1.08%	-0.37	11 / 11
2025	+7.36%	+7.37%	-0.01	5 / 10
2024	+7.55%	+7.35%	+0.20	3 / 10
2023	+6.31%	+6.38%	-0.07	6 / 10
2022	+3.07%	+2.83%	+0.25	3 / 8
2021	+3.08%	+2.92%	+0.16	3 / 6
2020	+8.48%	+8.26%	+0.23	3 / 6
2019	+9.38%	+8.30%	+1.08	2 / 5
2018	—	—	—	—

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

+6.47%

88 windows

min 2.1% · max 10.3%

100% positive

3-Year rolling

+5.87%

64 windows

min 4.0% · max 7.7%

100% positive

5-Year rolling

+5.79%

40 windows

min 5.4% · max 6.3%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+6.42%

15 windows

min 5.9% · max 6.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

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

1.29%

3-year · annualised

Sharpe ratio

-0.34

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.71%

Mar 2026 → Apr 2026

% 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.

Peers in Short Duration Fund

Scheme	Fund house	NAV	As of
HSBC Short Duration Fund - Regular Growth	HSBC	₹27.5342	3 Jun 2026
Baroda BNP Paribas Short Duration Fund - Regular Plan - Growth Option	Baroda BNP Paribas	₹30.3619	3 Jun 2026
CANARA ROBECO SHORT DURATION FUND - REGULAR PLAN - GROWTH OPTION	Canara Robeco	₹26.3995	3 Jun 2026
Axis Short Duration Fund - Regular Plan - Growth Option	Axis	₹32.3296	3 Jun 2026
Groww Short Term Fund (formerly known as Indiabulls Short Term Fund )- Regular Plan - Growth Option	Groww	₹2,161.4145	3 Jun 2026
JM Short Duration Fund (Regular) - Growth		₹12.4790	3 Jun 2026
LIC MF Short Duration Fund-Regular Plan-Growth	LIC	₹15.0986	3 Jun 2026
Mahindra Manulife Short Duration Fund - Regular Plan - Growth	Mahindra Manulife	₹13.2625	3 Jun 2026
Union Short Duration Fund - Regular Plan - Growth Option	Union	₹10.7846	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹16.2822
2 Jun 2026	₹16.2875
1 Jun 2026	₹16.2758
29 May 2026	₹16.2700
27 May 2026	₹16.2568
26 May 2026	₹16.2488
25 May 2026	₹16.2466
22 May 2026	₹16.2208
21 May 2026	₹16.2108
20 May 2026	₹16.2230

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 Short Duration Fund - Regular Plan - Growth is ₹16.2822. It's a Short Duration Fund from Mirae Asset, run as a Regular plan Growth option. NAVs update once per business day from the AMFI feed.

Mirae Asset Short Duration Fund - Regular Plan - Growth has NAV history starting from 19 Mar 2018, a track record of about 8 years 2 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 Short Duration Fund - Regular Plan - Growth is managed by Mirae Asset. It's classified by AMFI under the 'Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mirae Asset Short Duration Fund - Regular Plan - Growth has delivered a absolute return of 3.26% — -0.44 pp behind the Short Duration Fund category average of 3.70%. The fund ranks #11 of 11 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Mirae Asset Short Duration Fund - Regular Plan - Growth has delivered a CAGR of 6.22% — -0.11 pp behind the Short Duration Fund category average of 6.33%. The fund ranks #6 of 10 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Mirae Asset Short Duration Fund - Regular Plan - Growth has delivered a CAGR of 5.38% — +0.02 pp ahead of the Short Duration Fund category average of 5.36%. The fund ranks #4 of 7 in its category — the third (Q3) quartile.

₹1 lakh invested in Mirae Asset Short Duration Fund - Regular Plan - Growth exactly 5 years ago would be worth approximately ₹129,926 today — a multiplier of 1.30×, based on the 5-year CAGR of 5.38%. The category average over the same window would have grown ₹1 lakh to ₹129,819.

A ₹10,000 monthly SIP in Mirae Asset Short Duration Fund - Regular Plan - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹695,724 today. That's an XIRR (money-weighted annualised return) of 5.85%.

Mirae Asset Short Duration Fund - Regular Plan - Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,027,963 — XIRR 5.68%.

On a 5-year basis, Mirae Asset Short Duration Fund - Regular Plan - Growth ranks #4 out of 7 funds in the Short Duration Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 5.36%; this fund delivered 5.38%.

The worst peak-to-trough decline Mirae Asset Short Duration Fund - Regular Plan - Growth has experienced over the last 5-year window is 0.95% — its NAV fell from a high on 05 Apr 2022 to a low on 09 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 Short Duration Fund - Regular Plan - Growth averaged 5.79% (best 6.27%, worst 5.38%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.96 — negative risk-adjusted performance.

In calendar year 2025, Mirae Asset Short Duration Fund - Regular Plan - Growth returned 7.36% — lagging the Short Duration Fund category average of 7.37% by 0.01 pp. It ranked #5 of 10 in its category that year.

Mirae Asset Short Duration Fund - Regular Plan - 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 Short Duration Fund - Regular Plan - 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. Worst 5-year drawdown: 1.0%. 5-year CAGR: 5.38%.

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

Mirae Asset Short Duration Fund - Regular Plan - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Short Duration Fund

Recent NAVs

Frequently asked questions

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