MIRAE ASSET
SHORT TERM FUND - (MASTF)

(Short Duration Fund - An open ended short term debt scheme investing in instruments such that the Macaulay duration* of the portfolio is between 1 year to 3 years (please refer to page no. 31 of SID)
A relatively high interest rate risk and Moderate credit risk

Details as on August 30, 2022
Type of Scheme
Short Duration Fund - An open ended short term debt scheme investing in instruments such that the Macaulay duration* of the portfolio is between 1 year to 3 years (please refer to page no. 31 of SID)
A relatively high interest rate risk and Moderate credit risk
Investment Objective
The investment objective of the scheme is to seek to generate returns through an actively managed diversified portfolio of debt and money market instruments with Macaulay duration of the portfolio is between 1 year to 3 years. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Fund Manager**
Mr. Mahendra Jajoo -
(since March 16, 2018)
Mr. Amit Modani -
(since June 30, 2021)
Allotment Date
16th March, 2018
Benchmark Index
CRISIL Short Duration Fund BII Index
Minimum Investment
Amount
₹ 5,000/- and in multiples of ₹ 1/-thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹ 1/- thereafter.
Systematic Investment
Plan (SIP)
(Any Date SIP is available from 1st July, 2019)
Monthly and Quarterly: ₹ 1000/- (multiples of ₹ 1/- thereafter), minimum 5 in case of Monthly or 3 in case of Quarterly option.
Load Structure
Entry load: NA
Exit load: NIL
Plans Available
Regular Plan and Direct Plan
Options Available
Growth Option and IDCW^ Option (Payout & Re-investment)
Monthly Average AUM (₹ Cr.) as on August 31, 2022
450.84
Net AUM (₹ Cr.)
448.96
Monthly Avg. Expense Ratio
(Including Statutory Levies)
as on August 31, 2022
Regular Plan: 1.15%
Direct Plan: 0.33%
**For experience of Fund Managers Click Here
^Pursuant to Notice cum addendum dated March 27, 2021 the nomenclature of dividend option has been changed w.e.f. April 01, 2021.
NAV: Direct Regular
Growth ₹ 13.4482 ₹ 12.9821
IDCW^ ₹ 13.4338 ₹ 12.9848
Weighted Average Maturity 1.51 Years
Modified Duration 1.30 Years
Macaulay Duration 1.39 Years
Yield to Maturity 6.65%
Portfolio Holdings % Allocation
Corporate Bond
7.28% Housing Development Finance Corporation Ltd (01/03/2024) ** 4.46%
6.39% Indian Oil Corporation Ltd (06/03/2025) 3.85%
6.75% Shriram Transport Finance Company Ltd (28/04/2023) ** 3.38%
7.17% Reliance Industries Ltd (08/11/2022) ** 3.35%
6.99% Housing & Urban Development Corporation Ltd (11/11/2022) ** 3.35%
7% Hindustan Petroleum Corporation Ltd (14/08/2024) ** 3.35%
7.15% Small Industries Dev Bank of India (21/07/2025) 3.34%
6.4% National Bank For Agriculture and Rural Development (31/07/2023) ** 3.33%
7.38% Cholamandalam Investment and Finance Company Ltd (31/07/2024) ** 3.33%
5.2% Export Import Bank of India (04/03/2025) ** 2.72%
7.35% Bajaj Finance Ltd (10/11/2022) 2.23%
7.42% Bajaj Housing Finance Ltd (12/07/2024) ** 2.23%
7.45% Mahindra Rural Housing Finance Ltd (14/07/2023) ** 2.22%
5.32% National Housing Bank (01/09/2023) ** 2.20%
5.75% Bajaj Finance Ltd (16/02/2024) ** 2.18%
6.25% Embassy Office Parks REIT (18/10/2024) ** 2.18%
4.64% Oil & Natural Gas Corporation Ltd (21/11/2023) ** 2.17%
6.4% Jamnagar Utilities & Power Private Ltd (29/09/2026) ** 2.13%
8.64% Power Grid Corporation of India Ltd (08/07/2025) ** 1.16%
8.02% Bharat Petroleum Corporation Ltd (11/03/2024) ** 1.13%
7.55% REC Ltd (26/09/2023) ** 1.12%
8.1% Tata Capital Housing Finance Ltd (14/01/2023) ** 1.12%
7.65% Jamnagar Utilities & Power Private Ltd (29/12/2022) ** 1.12%
7.4% LIC Housing Finance Ltd (06/09/2024) ** 1.12%
6.55% NTPC Ltd (17/04/2023) ** 1.11%
6.43% Chennai Petroleum Corporation Ltd (28/02/2023) ** 1.11%
5.86% Tata Capital Housing Finance Ltd (23/02/2024) ** 1.09%
6.11% Bharat Petroleum Corporation Ltd (04/07/2025) ** 1.08%
6.99% Housing Development Finance Corporation Ltd (13/02/2023) ** 0.67%
8.83% Indian Railway Finance Corporation Ltd (25/03/2023) ** 0.45%
Corporate Bond Total 64.28%
Government Bond
5.74% GOI (15/11/2026) 7.89%
4.7% GOI FRB (22/09/2033) 5.53%
8.20% GOI (24/09/2025) 0.81%
Government Bond Total 14.23%
Certificate of Deposit
AU Small Finance Bank Ltd (01/09/2022) ** # 3.34%
Kotak Mahindra Bank Ltd (17/01/2023) ** # 2.18%
Small Industries Dev Bank of India (22/02/2023) # 2.16%
Certificate of Deposit Total 7.68%
State Government Bond
6.69% Madhya Pradesh SDL (17/03/2025) 4.43%
7.39% Maharashtra SDL (09/11/2026) 1.12%
State Government Bond Total 5.56%
Treasury Bill
364 Days Tbill (02/03/2023) 2.16%
Treasury Bill Total 2.16%
Cash & Other Receivables Total 6.09%
Total 100.00%

** Thinly Traded / Non Traded Security # Unlisted Security


Growth of Rs. 10,000 invested at inception: 12,982

Returns (in%)
1 Yr 3 Yrs SI
MASTF
2.27%
5.15%
6.03%
Scheme Benchmark*
3.50%
6.55%
7.03%
Additional Benchmark**
-0.35%
3.61%
6.15%
NAV as on 30th August, 2022 ₹ 12.9821
Index Value (30th August, 2022) Index Value of benchmark is 4,145.88 and CRISIL 10 Year Gilt Index is 4,075.48
Allotment Date 16th March, 2018
Scheme Benchmark *CRISIL Short Duration Fund BII Index
Additional Benchmark **CRISIL 10 Year Gilt Index

Fund manager : Mr. Mahendra Jajoo & Mr. Amit Modani managing the scheme since 16th March, 2018 & since 30th June, 2021 respectively.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns

This product is suitable for investors who are seeking*
. Optimal returns over short term
. Investment in an actively managed diversified portfolio of debt and money market instruments including REITs & InvITs


*Investors should consult their financial advisers if they are not clear about the suitability of the product.

Note : With reference to SEBI Circular no. SEBI/HO/IMD/IMD-11 DOF-3/CIR/2021/573 dated June 07, 2021 disclosure of Potential Risk Class (PRC) Matrix is provided for debt Schemes of Mirae Asset Mutual Fund.


Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option