The scheme seeks to generate returns through an actively managed diversified portfolio of debt and money market instruments with Macaulay duration of the portfolio between 1 year to 3 years.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.
Basant Bafna
Mr. Bafna has done B.Com, MBA, CS, CA, FRM and CFA
Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India
Top Holdings
Company
Sector
Asset Value (Cr)
Asset %
Indian Railway Finance Corporation Ltd. 6.78 30/04/2030
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Mirae Asset Short Term Fund is ₹16.62 as of 2026-08-24.
Mirae Asset Short Term Fund is classified as a Short Duration fund.
The Assets Under Management (AUM) of Mirae Asset Short Term Fund is ₹2,023 Cr.
The expense ratio of Mirae Asset Short Term Fund is 1.07%.
Mirae Asset Short Term Fund is managed by Basant Bafna.
The minimum SIP investment for Mirae Asset Short Term Fund is ₹99.
As per the SEBI Riskometer, Mirae Asset Short Term Fund carries a Moderate risk level.
Mirae Asset Short Term Fund has delivered 4.65% (1Y), 6.58% (3Y) and 5.56% (5Y) annualised returns as of 2026-08-24.
Mirae Asset Short Term Fund was launched on 2007-11-30.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
