Mirae Asset
Mirae Asset Short Term Bond Fund - Institutional - Weekly Dividend Reinvestment Option
Category
Income
Plan type
Dividend
Structure
Open-ended
AMFI Scheme Code
112060
ISIN (Growth)
—
ISIN (Dividend)
—
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% | +6.99% | -6.95 | 50 / 763 | Q1 |
| 1W | +0.05% | +6.38% | -6.33 | 216 / 722 | Q2 |
| 2W | +0.07% | +6.63% | -6.56 | 240 / 725 | Q2 |
| 1M | +0.13% | +6.29% | -6.16 | 281 / 752 | Q2 |
| 3M | +0.20% | +7.87% | -7.66 | 361 / 728 | Q2 |
| 6M | +0.38% | +9.67% | -9.29 | 392 / 642 | Q3 |
| YTD | — | — | — | — | — |
| 1Y | — | — | — | — | — |
| 2Y | — | — | — | — | — |
| 3Y | +0.01% | -3.09% | +3.09 | 87 / 140 | Q3 |
| 4Y | — | — | — | — | — |
| 5Y | — | — | — | — | — |
| 7Y | — | — | — | — | — |
| 10Y | — | — | — | — | — |
| Inception | +0.24% | -3.28% | +3.52 | 388 / 797 | 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 | — | — | — | — |
| 2011 | — | — | — | — |
| 2010 | — | — | — | — |
| 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
—
Insufficient history
3-Year rolling
+0.09%
4 windows
min 0.0% · max 0.1%
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
Recent NAVs
| Date | NAV |
|---|---|
| 7 Nov 2012 | ₹10.0566 |
| 6 Nov 2012 | ₹10.0528 |
| 5 Nov 2012 | ₹10.0503 |
| 2 Nov 2012 | ₹10.0444 |
| 1 Nov 2012 | ₹10.0424 |
| 31 Oct 2012 | ₹10.0515 |
| 30 Oct 2012 | ₹10.0494 |
| 29 Oct 2012 | ₹10.0473 |
| 25 Oct 2012 | ₹10.0539 |
| 23 Oct 2012 | ₹10.0497 |
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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 Short Term Bond Fund - Institutional - Weekly Dividend Reinvestment Option is a Income from Mirae Asset (Institutional 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 Short Term Bond Fund - Institutional - Weekly Dividend Reinvestment Option has NAV history starting from 04 Aug 2009, a track record of about 16 years 10 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 Short Term Bond Fund - Institutional - Weekly Dividend Reinvestment Option is managed by Mirae Asset. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.
Mirae Asset Short Term Bond Fund - Institutional - Weekly Dividend Reinvestment Option doesn't have a complete 1-year window yet (we need at least 1 year of NAVs). Check the shorter-window returns above.
Over the trailing 3-year window, Mirae Asset Short Term Bond Fund - Institutional - Weekly Dividend Reinvestment Option has delivered a CAGR of 0.01% — +3.09 pp ahead of the Income category average of -3.09%. The fund ranks #87 of 140 in its category — the third (Q3) quartile.
Mirae Asset Short Term Bond Fund - Institutional - Weekly Dividend Reinvestment Option 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 Short Term Bond Fund - Institutional - Weekly Dividend Reinvestment Option exactly 3 years ago would be worth approximately ₹100,026 today — a multiplier of 1.00×, based on the 3-year CAGR of 0.01%. The category average over the same window would have grown ₹1 lakh to ₹91,024.
We don't have enough NAV history yet to simulate a SIP on Mirae Asset Short Term Bond Fund - Institutional - Weekly Dividend Reinvestment Option. The fund typically needs 12+ months for a 1-year SIP backtest.
Mirae Asset Short Term Bond Fund - Institutional - Weekly Dividend Reinvestment Option doesn't have enough SIP-backtest history yet. Check the 1-year SIP simulation above as soon as it has 12+ months of NAVs.
On a 3-year basis, Mirae Asset Short Term Bond Fund - Institutional - Weekly Dividend Reinvestment Option ranks #87 out of 140 funds in the Income category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is -3.09%; this fund delivered 0.01%.
Mirae Asset Short Term Bond Fund - Institutional - Weekly Dividend Reinvestment Option doesn't have a computed drawdown figure yet.
Across all 3-year rolling windows, Mirae Asset Short Term Bond Fund - Institutional - Weekly Dividend Reinvestment Option averaged 0.09% (best 0.15%, worst 0.01%). 100% of rolling windows ended positive.
We don't yet have a completed calendar-year return for Mirae Asset Short Term Bond Fund - Institutional - Weekly Dividend Reinvestment Option.
Mirae Asset Short Term Bond Fund - Institutional - Weekly Dividend Reinvestment Option 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 Term Bond Fund - Institutional - Weekly Dividend Reinvestment Option 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)
Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.
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