About Mirae Asset Short Term Fund
Mirae Asset Short Term Fund is a short duration fund managed by Mirae Asset Mutual Fund. Debt funds with a portfolio duration of 1 to 3 years.
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.
The scheme's stated objective, as published by Mirae Asset Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹17.8396 | 142641 |
| Direct | IDCW | ₹17.7895 | 142640 |
| Regular | Growth | ₹16.6467 | 142642 |
| Regular | IDCW | ₹16.6503 | 142643 |
Frequently asked questions
What is the NAV of Mirae Asset Short Term Fund today?
The NAV of Mirae Asset Short Term Fund (Direct plan, Growth) is ₹17.8396 and the Regular plan NAV is ₹16.6467, as of 18 Sept 2026.
What returns has Mirae Asset Short Term Fund given?
Over the last year the Direct plan returned 5.37%, and 7.39% a year over 3 years and 6.41% a year over 5 years. That places it 14 of 22 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Mirae Asset Short Term Fund?
The Direct plan charges 0.21% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Mirae Asset Short Term Fund?
You can start a monthly SIP with ₹99, or invest a lump sum of ₹5,000 or more.
How much has Mirae Asset Short Term Fund fallen in the past?
Its deepest fall was 2.2% from 9 Mar 2020 to 23 Mar 2020. Of every one-year stretch in its history, 100% ended in a gain.
Which category does Mirae Asset Short Term Fund belong to?
It is a Short Duration Fund from Mirae Asset Mutual Fund. Debt funds with a portfolio duration of 1 to 3 years.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Mirae Asset Short Term Fund taxed?
Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.