Summary Info
| Fund Name : |
Mirae Asset Mutual Fund |
| Scheme Name : |
Mirae Asset Savings Fund - Direct (Div-M) |
| AMC : |
Mirae Asset Mutual Fund |
| Type : |
Open |
| Category : |
Ultra Short Term Funds |
| Launch Date : |
01-Jan-13 |
| Fund Manager : |
Mahendra Jajoo |
| Net Assets:(Rs in cr) |
844.88 |
NAV Graph
Statistical Ratio
What is Beta ?
Beta is a measure of the volatility of the portfolio to that of the index. In simple words it shows the movement of the portfolio in comparison. The Higher the Beta, higher the volatility of the scheme to the index. If its greater than1 , then the portfolio is highly volatile to the movemnts in the index. If the beta is lesser than 1 , then scheme is less volatile to the index and beta which is close to 1 implies that the scheme is closely following the index.
| Beta [%] |
SD [%] |
Sharpe Ratio [%] |
Jensons Alpha [%] |
TR [%] |
| 0.0060 |
0.1249 |
0.0882 |
0.0110 |
1.8585 |
Asset Allocation