Mirae Asset

Mirae Asset Short Term Bond Fund - Regular - Weekly Dividend Reinvestment Option

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	-0.09%	-14.54%	+14.45	215 / 373	Q3
1W	+0.01%	-15.89%	+15.90	116 / 369	Q2
2W	+0.02%	-15.78%	+15.80	112 / 371	Q2
1M	-0.03%	-16.05%	+16.03	146 / 373	Q2
3M	+0.15%	-17.27%	+17.43	132 / 366	Q2
6M	+0.30%	-30.18%	+30.48	147 / 393	Q2
YTD	+0.08%	-32.85%	+32.93	161 / 414	Q2
1Y	+0.55%	-15.79%	+16.34	137 / 309	Q2
2Y	+0.88%	-13.41%	+14.29	72 / 142	Q3
3Y	+0.83%	-6.89%	+7.72	56 / 95	Q3
4Y	+0.80%	+2.81%	-2.01	53 / 84	Q3
5Y	+0.72%	+2.94%	-2.22	48 / 76	Q3
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+0.66%	-35.69%	+36.35	137 / 497	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
2016 YTD	+0.08%	+3.89%	-3.81	38 / 45
2015	+1.04%	+2.84%	-1.81	39 / 66
2014	+0.80%	+4.08%	-3.28	43 / 76
2013	+0.74%	+2.34%	-1.60	36 / 76
2012	+0.74%	+3.72%	-2.98	44 / 78
2011	+0.17%	+3.23%	-3.06	48 / 66
2010	-0.14%	-11.73%	+11.59	82 / 132
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

+0.55%

69 windows

min -2.3% · max 3.0%

84% positive

3-Year rolling

+0.56%

44 windows

min -0.3% · max 0.9%

93% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+0.50%

20 windows

min 0.2% · max 0.7%

100% positive

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

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

0.32%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.64%

Jun 2015 → Jun 2015

% positive months

72.2%

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.

Recent NAVs

Date	NAV
3 Mar 2016	₹10.4180
2 Mar 2016	₹10.4272
1 Mar 2016	₹10.4256
29 Feb 2016	₹10.4239
26 Feb 2016	₹10.4189
25 Feb 2016	₹10.4172
24 Feb 2016	₹10.4258
23 Feb 2016	₹10.4240
22 Feb 2016	₹10.4224
18 Feb 2016	₹10.4160

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 - Regular - Weekly Dividend Reinvestment Option is a Income from Mirae Asset (Regular 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 - Regular - 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 - Regular - 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.

Over the trailing 1-year window, Mirae Asset Short Term Bond Fund - Regular - Weekly Dividend Reinvestment Option has delivered a absolute return of 0.55% — +16.34 pp ahead of the Income category average of -15.79%. The fund ranks #137 of 309 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Mirae Asset Short Term Bond Fund - Regular - Weekly Dividend Reinvestment Option has delivered a CAGR of 0.83% — +7.72 pp ahead of the Income category average of -6.89%. The fund ranks #56 of 95 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Mirae Asset Short Term Bond Fund - Regular - Weekly Dividend Reinvestment Option has delivered a CAGR of 0.72% — -2.22 pp behind the Income category average of 2.94%. The fund ranks #48 of 76 in its category — the third (Q3) quartile.

₹1 lakh invested in Mirae Asset Short Term Bond Fund - Regular - Weekly Dividend Reinvestment Option exactly 5 years ago would be worth approximately ₹103,646 today — a multiplier of 1.04×, based on the 5-year CAGR of 0.72%. The category average over the same window would have grown ₹1 lakh to ₹115,573.

A ₹10,000 monthly SIP in Mirae Asset Short Term Bond Fund - Regular - Weekly Dividend Reinvestment Option over the last 5 years — total invested ₹600,000 — would be worth ₹612,325 today. That's an XIRR (money-weighted annualised return) of 0.80%.

Mirae Asset Short Term Bond Fund - Regular - Weekly Dividend Reinvestment Option doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹612,325 — XIRR 0.80%.

On a 5-year basis, Mirae Asset Short Term Bond Fund - Regular - Weekly Dividend Reinvestment Option ranks #48 out of 76 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 2.94%; this fund delivered 0.72%.

The worst peak-to-trough decline Mirae Asset Short Term Bond Fund - Regular - Weekly Dividend Reinvestment Option has experienced over the last 5-year window is 0.64% — its NAV fell from a high on 17 Jun 2015 to a low on 18 Jun 2015. 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 Term Bond Fund - Regular - Weekly Dividend Reinvestment Option averaged 0.50% (best 0.72%, worst 0.17%). 100% of rolling windows ended positive.

In calendar year 2015, Mirae Asset Short Term Bond Fund - Regular - Weekly Dividend Reinvestment Option returned 1.04% — lagging the Income category average of 2.84% by 1.81 pp. It ranked #39 of 66 in its category that year.

Mirae Asset Short Term Bond Fund - Regular - 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 - Regular - 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)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.6%. 5-year CAGR: 0.72%.

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