DebtLong Term FundDirectGrowthModerate

Mirae Asset Long Term Fund

Q: What is the NAV of Mirae Asset Long Term Fund?

As of 05 Oct 2026, the NAV of Mirae Asset Long Term Fund is ₹10.44 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Mirae Asset Long Term Fund delivered?

Mirae Asset Long Term Fund has returned +1.06% over 1 year and +2.26% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Mirae Asset Long Term Fund?

Mirae Asset Long Term Fund charges an expense ratio of 0.20% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Mirae Asset Long Term Fund?

Mirae Asset Long Term Fund's largest holdings are 7.30% Government of India (MD 19/06/2053) (39.7%), 7.09% Government of India (MD 05/08/2054) (24.2%), 6.90% Government of India (MD 15/04/2065) (14.0%), 7.24% Government of India (MD 18/08/2055) (9.9%) and 6.94% Government of India (MD 11/05/2036) (5.1%). Holdings are disclosed monthly and change over time.

Q: How risky is Mirae Asset Long Term Fund?

Mirae Asset Long Term Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 4.2% and its worst peak-to-trough fall in our sample was -5.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of Mirae Asset Long Term Fund?

Mirae Asset Long Term Fund is benchmarked against the CRISIL Long Duration Debt A-III Index.. Its alpha and beta on this page are measured against that index.

Q: Who manages Mirae Asset Long Term Fund?

Mirae Asset Long Term Fund is managed by Kruti Chheta at Mirae Asset.

Q: How is Mirae Asset Long Term Fund taxed?

Mirae Asset Long Term Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

Mirae Asset Mutual Fund

NAV

₹10.44

-0.03% 1D

as of 05 Oct 2026

This is the Direct plan of Mirae Asset Long Term Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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NAV history

+0.92%absolute

52-week rangePrev NAV ₹10.45

Latest ₹10.44

Low ₹9.9963rd percentile of its 52-week rangeHigh ₹10.71

Scorecard

★★★☆☆3/5 vs 11 Long Term Fund peers1Y

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Long Term Fund (same plan and option). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers.

Performance—

Not enough Long Term Fund peers to rank yet

RiskHigh

Volatility 4.2% vs 3.8% category avg

CostLow

0.2% expense vs 0.3% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Low expense ratio (0.20%) vs the Long Term Fund average of 0.32%

Concerns

More volatile than its Long Term Fund peers (4.2% vs 3.8%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.20%

Category 0.32%▼0.12%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category -0.13

Scheme Info

Definitions

Plan

Direct · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

CRISIL Long Duration Debt A-III Index.

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

09 Dec 2024

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-0.49%

Absolute return over the last 3 months (not annualized)

-2.06%

Absolute return over the last 6 months (not annualized)

+4.51%

Absolute return since 1 Jan of this year (not annualized)

+0.77%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+1.06%

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+2.26%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

4.25%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-5.63%

Benchmark ratios

Not shown for Long Term Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Long Term Fund)

Period	Fund	Category avg.	Diff
1M abs	-0.49%	-0.74%	+0.25%
3M abs	-2.06%	-1.92%	-0.14%
6M abs	+4.51%	+4.27%	+0.24%
1Y CAGR	+1.06%	+1.27%	-0.21%
3Y CAGR	—	+5.99%	—
5Y CAGR	—	—	—

Category average across peers in Long Term Fund (up to 10 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 10 peers in Long Term Fund

1Y return

+1.06%

Beats 50% · rank #6

3Y return

—

5Y return

—

Sharpe

—

Sortino

—

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹1.20L

Current value

₹1.21L

Absolute

+0.69%

XIRR

+1.51%

Value vs. invested

ValueInvested

12 monthly installments of ₹10,000 into Mirae Asset Long Term Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+0.77%
2025	+3.46%
2024part	-0.09%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

441

Expense ratio

0.20%

YTM

7.49%

Modified duration

10.71 years

Macaulay duration

11.12 years

Average maturity

26.69 years

Exit load

Nil

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Long Term Fund

Compare all


Mirae Asset Long Term FundThis fund Mirae Asset · Direct · Growth	★★★☆☆ 1Y	+1.06%	—	—	—	0.20%	—
Aditya Birla Sun Life Long Term Fund Aditya Birla Sun Life · Direct · Growth	★★★★★	+2.14%	+6.50%	—	—	0.43%	—
ICICI Prudential Long Term Fund ICICI Prudential · Direct · Growth	★★★★☆	+1.35%	+6.35%	+5.34%	—	0.43%	—
SBI Long Term Fund SBI · Direct · Growth	★★★☆☆	+1.22%	+6.12%	—	—	0.32%	—
HDFC Long Term Fund HDFC · Direct · Growth	★★☆☆☆	+0.73%	+5.88%	—	—	0.28%	—
Nippon India Nivesh Lakshya Long Term Fund Nippon India · Direct · Growth	★★★☆☆	+0.40%	+5.87%	+5.40%	—	0.33%	—

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt92.90%
Cash & Equivalents6.57%
Other0.54%

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-5.6%28 May 2025 → 02 Apr 2026
Fell over 10 months, back to the old high on 25 Jun 2026 — 3 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

AMC Profile

Mirae Asset Mutual Fund is the Indian arm of Mirae Asset, the South Korean manager, and has operated here since 2008. Its growth came largely from a small number of large equity schemes rather than a wide line-up.

Launched

29 Nov 2007

Total AUM

₹2,37,421Cr+5.5% QoQ

Avg AUM · July - September 2026

Website

miraeassetmf.co.in

Fund Managers

KCKruti ChhetaStart date not disclosed

Role

Fund Manager and Fixed Income Analyst

Education

Masters in Management Studies (Finance) & Bachelor in Accounts and Finance

Experience

Ms. Kruti Chheta has over 10 years of experience in the fixed income market and has been associated with Mirae Asset Investment Managers (India) Private Ltd. for over 7 years as a fixed income analyst and fund manager. Her responsibilities as part of the investment team includes leading the research for managing debt funds. Prior to joining the AMC, Ms. Chheta has been associated with AK Capital and Shriram Wealth Advisors. At AK Capital, Ms. Chheta was a Fixed Income Analyst for the tenure of ~1 year in a client advisory role, assisting large pension funds with research on fixed income investment opportunities. At Shriram Wealth Advisors, Ms. Chheta was a Research Analyst for tenure of ~2 years advising Shriram Life Insurance Company.

Funds managed (2)

All schemes Kruti Chheta runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

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Fund managers

Kruti Chheta

Mirae Asset in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Debt funds

Debt funds lend to governments and companies and earn interest. They're generally steadier than equity funds and are used for shorter horizons and stability.

Frequently asked questions

What is the NAV of Mirae Asset Long Term Fund?

As of 05 Oct 2026, the NAV of Mirae Asset Long Term Fund is ₹10.44 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Mirae Asset Long Term Fund delivered?

Mirae Asset Long Term Fund has returned +1.06% over 1 year and +2.26% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Mirae Asset Long Term Fund?

Mirae Asset Long Term Fund charges an expense ratio of 0.20% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Mirae Asset Long Term Fund?

Mirae Asset Long Term Fund's largest holdings are 7.30% Government of India (MD 19/06/2053) (39.7%), 7.09% Government of India (MD 05/08/2054) (24.2%), 6.90% Government of India (MD 15/04/2065) (14.0%), 7.24% Government of India (MD 18/08/2055) (9.9%) and 6.94% Government of India (MD 11/05/2036) (5.1%). Holdings are disclosed monthly and change over time.

How risky is Mirae Asset Long Term Fund?

Mirae Asset Long Term Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 4.2% and its worst peak-to-trough fall in our sample was -5.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Mirae Asset Long Term Fund?

Mirae Asset Long Term Fund is benchmarked against the CRISIL Long Duration Debt A-III Index.. Its alpha and beta on this page are measured against that index.

Who manages Mirae Asset Long Term Fund?

Mirae Asset Long Term Fund is managed by Kruti Chheta at Mirae Asset.

How is Mirae Asset Long Term Fund taxed?

Mirae Asset Long Term Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.