Mirae Asset Low Duration Fund

Park Funds in Quality Portfolio

An open ended low duration debt scheme investing in instruments with Macaulay duration* of the portfolio between 6 months and 12 months (*Refer page no. 33 of the SID)

The fund will be investing in instruments with Macaulay duration of the portfolio between 6 months and 12 months.

The portfolio will be comprising mainly of debt and money market instruments of short term maturity

The endeavors will be to have a portfolio of high quality and low interest rate sensitive debt securities.

Scheme is based on duration model with an aim to maintain high duration when interest rates are high and maintain low duration when interest rates are low.