Should I invest in Mirae Asset Short Duration Fund?

We don't give personal investment advice. Mirae Asset Short Duration Fund - Regular Plan - 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: 1.0%. 5-year CAGR: 5.62%.

Mirae Asset

Mirae Asset Short Duration Fund - Regular Plan - IDCW

Latest NAV

₹16.5630

As of

17 Jul 2026

2,016 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	+0.02%	+0.01%	+0.01	16 / 49	Q2
1W	-0.03%	-0.02%	-0.01	28 / 49	Q3
2W	-0.20%	-0.07%	-0.12	46 / 49	Q4
1M	+0.71%	+0.14%	+0.57	5 / 49	Q1
3M	+1.72%	+0.97%	+0.76	12 / 49	Q1
6M	+2.58%	+1.27%	+1.31	19 / 49	Q2
YTD	+2.39%	+1.12%	+1.27	19 / 49	Q2
1Y	+4.44%	+2.14%	+2.30	18 / 49	Q2
2Y	+6.62%	+3.26%	+3.36	15 / 48	Q2
3Y	+6.60%	+3.35%	+3.25	14 / 46	Q2
4Y	+6.48%	+3.62%	+2.86	12 / 37	Q2
5Y	+5.62%	+3.31%	+2.31	10 / 35	Q2
7Y	+5.92%	+2.97%	+2.95	10 / 29	Q2
10Y	—	—	—	—	—
Inception	+6.21%	+2.91%	+3.29	10 / 49	Q1

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	+2.39%	+0.76%	+1.63	15 / 41
2025	+7.36%	+3.43%	+3.92	5 / 44
2024	+7.55%	+3.72%	+3.83	13 / 46
2023	+6.31%	+3.07%	+3.24	9 / 44
2022	+3.07%	+2.80%	+0.28	6 / 40
2021	+3.08%	+1.23%	+1.85	5 / 29
2020	+8.48%	+4.49%	+3.99	9 / 31
2019	+9.40%	-0.31%	+9.71	4 / 29
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

+6.43%

90 windows

min 1.9% · max 10.2%

100% positive

3-Year rolling

+5.88%

66 windows

min 4.0% · max 7.9%

100% positive

5-Year rolling

+5.80%

41 windows

min 5.3% · 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

+6.38%

17 windows

min 5.9% · max 6.7%

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

1.34%

3-year · annualised

Sharpe ratio

-0.05

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.71%

Mar 2026 → Apr 2026

% positive months

97.2%

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
Invesco India Short Duration Fund - Regular Plan - Daily IDCW (Reinvestment)	Invesco	₹1,034.9007	17 Jul 2026
Bandhan Short Duration Fund - Regular Plan - Annual IDCW	Bandhan	₹10.8583	17 Jul 2026
Aditya Birla Sun Life Short Term Fund - REGULAR - Quarterly IDCW	Aditya Birla Sun Life	₹10.4222	17 Jul 2026
Kotak Bond Short Term Plan - Regular Plan - Normal Dividend	Kotak	₹12.2090	17 Jul 2026
HSBC Short Duration Fund - Regular Plan - Monthly IDCW	HSBC	₹11.0829	17 Jul 2026
Baroda BNP Paribas Short Duration Fund - Regular Plan - Monthly IDCW Option	Baroda BNP Paribas	₹10.1848	17 Jul 2026
CANARA ROBECO SHORT DURATION FUND - REGULAR PLAN - MONTHLY IDCW (Payout/Reinvestment)	Canara Robeco	₹15.8038	17 Jul 2026
UTI Short Duration Fund - Regular Plan - Annual IDCW	UTI	₹14.8347	17 Jul 2026
Axis Short Duration Fund - Regular Plan - Monthly IDCW	Axis	₹10.0936	17 Jul 2026
Bharti AXA Short Term Income Fund-Regular Plan- Growth	Bharti AXA	₹28.2225	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹16.5630
16 Jul 2026	₹16.5599
15 Jul 2026	₹16.5499
14 Jul 2026	₹16.5425
13 Jul 2026	₹16.5759
10 Jul 2026	₹16.5681
9 Jul 2026	₹16.5579
8 Jul 2026	₹16.5509
7 Jul 2026	₹16.5919
6 Jul 2026	₹16.5999

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 17 Jul 2026, the NAV of Mirae Asset Short Duration Fund - Regular Plan - IDCW is ₹16.5630. It's a Short 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 Short Duration Fund - Regular Plan - IDCW has NAV history starting from 19 Mar 2018, a track record of about 8 years 4 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 - IDCW 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 - IDCW has delivered a absolute return of 4.44% — +2.3 pp ahead of the Short Duration Fund category average of 2.14%. The fund ranks #18 of 49 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Mirae Asset Short Duration Fund - Regular Plan - IDCW has delivered a CAGR of 6.60% — +3.25 pp ahead of the Short Duration Fund category average of 3.35%. The fund ranks #14 of 46 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Mirae Asset Short Duration Fund - Regular Plan - IDCW has delivered a CAGR of 5.62% — +2.31 pp ahead of the Short Duration Fund category average of 3.31%. The fund ranks #10 of 35 in its category — the second (Q2) quartile.

₹1 lakh invested in Mirae Asset Short Duration Fund - Regular Plan - IDCW exactly 5 years ago would be worth approximately ₹131,426 today — a multiplier of 1.31×, based on the 5-year CAGR of 5.62%. The category average over the same window would have grown ₹1 lakh to ₹117,659.

A ₹10,000 monthly SIP in Mirae Asset Short Duration Fund - Regular Plan - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹702,731 today. That's an XIRR (money-weighted annualised return) of 6.26%.

Mirae Asset Short Duration Fund - Regular Plan - IDCW doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,037,714 — XIRR 5.95%.

On a 5-year basis, Mirae Asset Short Duration Fund - Regular Plan - IDCW ranks #10 out of 35 funds in the Short Duration Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 3.31%; this fund delivered 5.62%.

The worst peak-to-trough decline Mirae Asset Short Duration Fund - Regular Plan - IDCW 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 - IDCW averaged 5.80% (best 6.30%, worst 5.31%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.78 — negative risk-adjusted performance.

In calendar year 2025, Mirae Asset Short Duration Fund - Regular Plan - IDCW returned 7.36% — beating the Short Duration Fund category average of 3.43% by 3.92 pp. It ranked #5 of 44 in its category that year.

Mirae Asset Short Duration Fund - Regular Plan - 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 Short Duration Fund - Regular Plan - 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: 1.0%. 5-year CAGR: 5.62%.

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 - IDCW

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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