Debt · Income/Debt Oriented Schemes - Long Term Fund
Mirae Asset Long Term Fund
Open in live screener →Key metrics
Latest NAV
₹10.29
Day change
-0.12%
Volatility
4.2%
Sharpe
-1.65
Max drawdown
-5.6%
Category rank
5 / 11
Further reading: Median maximum drawdown by fund category, measured across 1,767 funds
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -0.61% | -2.35% | -2.20% | -0.03% | -0.53% | – | – | – | – |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
Mirae Asset Long Term Fund is a debt fund offered by Mirae Asset Mutual Fund, classified under Debt as Income/Debt Oriented Schemes - Long Term Fund. Debt funds are sensitive to interest-rate moves and the credit quality of holdings. Its latest NAV is ₹10.29.
Further reading: What a category rank actually tells you
Performance analysis
Over the trailing one year, Mirae Asset Long Term Fund has recorded a return of about -0.5%. Its annualised volatility is 4.2% — relatively low fluctuations — and its Sharpe ratio is -1.65, a measure of return per unit of risk taken.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 1.20 | 2.03 | -4.02 | 4.77 | 71% | 0% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
What does Mirae Asset Long Term Fund invest in?
It invests primarily in fixed-income instruments such as bonds and money-market securities.
How is this fund classified?
It is a Income/Debt Oriented Schemes - Long Term Fund fund in the Debt group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Further reading: Every fund measured against the best performer in its own category
Similar Income/Debt Oriented Schemes - Long Term Fund
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Long Term Fund Income/Debt Oriented Schemes - Long Term Fund | -2.60 | -2.60 | -0.18 | -1.02 | 6.05 | 5.07 | 6.41 | – |
| Nippon India Nivesh Lakshya Long Term Fund Income/Debt Oriented Schemes - Long Term Fund | -2.11 | -2.33 | 0.36 | -0.98 | 5.95 | 5.36 | – | – |
| Aditya Birla Sun Life Long Term Fund Income/Debt Oriented Schemes - Long Term Fund | -1.98 | -1.74 | 0.53 | 0.06 | 6.35 | – | – | – |
| Axis Long Term Fund Income/Debt Oriented Schemes - Long Term Fund | -2.57 | -2.44 | -0.10 | -1.08 | 5.45 | – | – | – |
| SBI Long Term Fund Income/Debt Oriented Schemes - Long Term Fund | -1.89 | -1.64 | 0.23 | -0.08 | 6.02 | – | – | – |
| HDFC Long Term Fund Income/Debt Oriented Schemes - Long Term Fund | -2.60 | -2.64 | -0.21 | -1.26 | 5.64 | – | – | – |
| UTI Long Term Fund Income/Debt Oriented Schemes - Long Term Fund | -2.72 | -2.60 | -0.55 | -1.52 | 5.12 | – | – | – |
| Kotak Long Term Fund Income/Debt Oriented Schemes - Long Term Fund | -2.45 | -3.09 | -0.04 | -1.49 | – | – | – | – |
More funds from Mirae Asset
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Mirae Asset Equity Savings Fund Hybrid Scheme - Equity Savings Fund | -2.32 | -1.05 | 0.16 | 1.66 | 9.56 | 8.32 | – | 0.31 |
| Mirae Asset Focused Fund Equity Scheme - Focused Fund | -5.84 | -1.35 | 2.66 | -8.91 | 7.53 | 4.53 | – | 0.55 |
| Mirae Asset Midcap Fund Equity Scheme - Mid Cap Fund | -11.44 | -9.07 | -3.38 | -4.28 | 13.15 | 12.33 | – | 0.50 |
| Mirae Asset Overnight Fund Debt Scheme - Overnight Fund | 0.43 | 1.28 | 2.59 | 5.26 | 6.04 | 5.78 | – | 0.07 |
| Mirae Asset Arbitrage Fund Hybrid Scheme - Arbitrage Fund | 0.68 | 1.75 | 3.38 | 6.95 | 7.39 | 6.86 | – | 0.13 |
| Mirae Asset Banking and PSU Debt Fund Debt Scheme - Banking and PSU Fund | -0.66 | 0.02 | 1.78 | 3.31 | 6.65 | 5.79 | – | – |
| Mirae Asset Diversified Equity Allocator Passive FOF Other Scheme - FoF Domestic | -6.00 | -6.59 | -6.19 | -9.60 | 8.63 | 7.28 | – | 0.04 |
| Mirae Asset Ultra Short-Term Fund Debt Scheme - Ultra Short Duration Fund | 0.24 | 1.42 | 3.18 | 6.42 | 7.32 | 6.70 | – | – |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.