MonitorDirect · Growth
Mirae Asset Short Term Fund
Mirae Asset Mutual FundIncome/Debt Oriented Schemes - Short Term Fund8.5 years
- NAV
- 17.818
- 15 Sept 2026
- 1Y
- +5.4%
- Trailing CAGR
- AUM
- ₹525.74 Cr
- 31 Aug 2026
- Volatility
- Low
- 1.3% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+5.4%
- 3Y+7.4%
- 5Y+6.4%
- 10Yn/a
- SI+7.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+5.2%
- 3Y+6.8%
- 5Y+7.0%
- 10Yn/a
- Since inception
- +7.0%
- Calendar-day CAGR
- Excess 1Y
- -0.3%
- Category median, same plan and option
- 3Y win rate
- +12%
- Windows beating the median
- 3Y percentile
- 19
- Vs comparable share classes
- Worst rolling 3Y
- +4.8%
- 1328 daily-ending windows
- Median rolling 3Y
- +6.7%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 843 daily-ending windows
- SIP 3Y XIRR
- +6.8%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 234 recovered episodes
- Longest recovery
- 58 days
- Trough to prior peak
- Current spell
- 6 days
- Days below latest peak
- Time below peak
- +45%
- NAV observations
9 Mar 2020 – 27 Mar 2020
Trough 23 Mar 2020 · recovered in 4 days
-2.2%
9 Apr 2018 – 3 Jul 2018
Trough 17 May 2018 · recovered in 47 days
-1.1%
7 Apr 2022 – 6 Jul 2022
Trough 9 May 2022 · recovered in 58 days
-0.9%
8 Jan 2021 – 30 Mar 2021
Trough 5 Feb 2021 · recovered in 53 days
-0.8%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
19
Vs category
48
Consistency
31
Risk-adjusted
91
Drawdown
95
Mean
57
Portfolio
31 Aug 2026 · 44 holdings · top 10 are 52.9%.
- Top 5
- 30.6%
- Top 10
- 52.9%
- Largest holding
- 8.7%
- Effective holdings
- 23.7
GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100
Entities
8.7%
EXPORT IMPORT BANK OF INDIA SR Z01 7.45 BD 12AP28 FVRS1LAC
Financial
7.7%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26F 7.44 BD 17JL29 FVRS1LAC
Financial
7.7%
BAJAJ FINANCE LIMITED 8% NCD 12MY31 FVRS1LAC
Financial
5.8%
BAJAJ HOUSING FINANCE LIMITED 7.53 NCD 28SP29 FVRS1LAC
Financial
4.8%
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 Sept 2026
Monitor
Engine status
Monitor
Recent evidence
Why this status
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Baroda BNP Paribas Short Term Fund (the scheme has 2 segregated portfolios)
Baroda BNP Paribas Mutual Fund
- 1Y
- +5.7%
- 3Y
- +7.5%
- Vol
- 1.2%
- Max DD
- -2.1%
- Sharpe
- 2.20
- 3Y win
- +63%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Groww Short Term Fund
Groww Mutual Fund
- 1Y
- +5.7%
- 3Y
- +7.5%
- Vol
- 1.0%
- Max DD
- -1.2%
- Sharpe
- 2.20
- 3Y win
- +32%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Mahindra Manulife Short Term Fund
Mahindra Manulife Mutual Fund
- 1Y
- +5.8%
- 3Y
- +7.7%
- Vol
- 0.9%
- Max DD
- -1.1%
- Sharpe
- 1.51
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Sundaram Short Term Fund (Formerly Known as Sundaram Short Duration Fund)
Sundaram Mutual Fund
- 1Y
- +5.8%
- 3Y
- +7.5%
- Vol
- 0.9%
- Max DD
- -0.7%
- Sharpe
- 1.74
- 3Y win
- +45%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Canara Robeco Short Term Fund
Canara Robeco Mutual Fund
- 1Y
- +5.5%
- 3Y
- +7.0%
- Vol
- 1.3%
- Max DD
- -2.2%
- Sharpe
- 1.52
- 3Y win
- +15%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns