MF Gyan
otherLow risk8 years oldSteady vs its 3-year pace

Mirae Asset Fixed Maturity Plan Series III Direct Plan Growth

A specialised fund. Check the scheme details for what it invests in. From Mirae Asset Mutual Fund. It's been running since 19 Mar 2019.

Latest price per unit
₹12.5521
▲ 0.00% today
As of 12 Apr 2022 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.04 L
▲ ₹4.2k gain · 4.2% / year
Invested 3 years ago
₹1.25 L
▲ ₹24.6k gain · 7.6% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.96 L
Gain / loss+₹16.5k
XIRR (annualised)5.99%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.98 L
Projected gain*+₹17.6k
*at this fund's historical rate of 5.99% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 500 other funds in IDF

Same plan
1-year return
4.18%median 3.33% (+0.84%)
Rank #200 of 501Beats 51% of peers
3-year return
7.61%median 4.93% (+2.68%)
Rank #126 of 501Beats 56% of peers
Bumpiness (3Y)
1.71%median 3.16% (-1.45%)
Rank #202 of 501Less risky than 55% of peers
Worst-ever drop
-2.37%median -2.36% (-0.01%)
Rank #225 of 501Less risky than 50% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 4 of last 4 years were positive.

+8%
2019
+10%
2020
+4%
2021
+1%
2022
Best year
2020 · 9.87%
Worst year
2022 · 1.00%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
1.7%

The value swings roughly 2% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-2.37%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Mirae Asset Fixed Maturity Plan Series III Direct Plan Growth against other other funds.

Technical details (for the pros)
CAGR — 1 year4.18%
CAGR — 3 years7.61%
CAGR — 5 years—
CAGR — since launch7.67%
Volatility — 1 year (annualised)0.23%
Volatility — 3 years (annualised)1.71%
Max drawdown — 1 year-0.04%
Max drawdown — 3 years-2.37%
Sharpe ratio — 1 year (rf=6%)-7.49
Sharpe ratio — 3 years (rf=6%)0.96

Fund info

Fund house
Mirae Asset Mutual Fund
Category
IDF
Plan
Direct
Option
Growth
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
146787
First price on record
19 Mar 2019 · 743 daily prices

About Mirae Asset Fixed Maturity Plan Series III Direct Plan Growth

Mirae Asset Fixed Maturity Plan Series III Direct Plan Growth is a IDF offered by Mirae Asset Mutual Fund under the Direct plan with the Growth option. It has approximately 8 years of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.

The current NAV of Mirae Asset Fixed Maturity Plan Series III Direct Plan Growth is ₹12.5521 (as of 12 Apr 2022). Historically, it has delivered 4.17% over the last year, 7.61% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 1.7% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 2.4%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Mirae Asset Fixed Maturity Plan Series III Direct Plan Growth?+

The latest NAV of Mirae Asset Fixed Maturity Plan Series III Direct Plan Growth is ₹12.5521 as of 12 Apr 2022, up 0.00% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Mirae Asset Fixed Maturity Plan Series III Direct Plan Growth?+

Mirae Asset Fixed Maturity Plan Series III Direct Plan Growth has delivered 1-year return 4.17%, 3-year CAGR 7.61%, since-inception CAGR 7.67%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Mirae Asset Fixed Maturity Plan Series III Direct Plan Growth belong to?+

Mirae Asset Fixed Maturity Plan Series III Direct Plan Growth is categorised as IDF. A specialised fund. Check the scheme details for what it invests in.

How risky is Mirae Asset Fixed Maturity Plan Series III Direct Plan Growth?+

Based on its 3-year annualised volatility of 1.7%, Mirae Asset Fixed Maturity Plan Series III Direct Plan Growth sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Mirae Asset Fixed Maturity Plan Series III Direct Plan Growth a direct plan?+

Mirae Asset Fixed Maturity Plan Series III Direct Plan Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Mirae Asset Fixed Maturity Plan Series III Direct Plan Growth?+

Mirae Asset Fixed Maturity Plan Series III Direct Plan Growth has NAV history available from 19 Mar 2019 — approximately 8 years of track record and 743 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.