Mirae Asset Long Term Fund
Other options
The page shows the Growth option. The Regular plan’s other options have their own codes.
| Option | AMFI code | ISIN |
|---|---|---|
| Growth (this page) | 153107 | INF769K01MZ2 |
| IDCW | 153108 | INF769K01NB1, INF769K01NA3 |
Long Term Fund
Mirae Asset Mutual Fund
Open-ended. Launched on 6 Dec 2024.
- NAV
- Data delayed
- AssetsAssets The market value of everything the scheme holds, less what it owes, as the fund house discloses it at each month-end.
- ₹19.04 cr
- 30 Sep 2026
- SIP fromSIP Systematic investment plan: a fixed sum put into the scheme at regular intervals, usually every month.
- ₹99
- a month
- BenchmarkBenchmark The market index the fund house names in the SID as the measure the scheme is compared against.
- CRISIL Long Duration Debt A-III Index
- as the SID names it
- Riskometer
- Moderate
- read by Felix on 28 Oct 2026
The SID and KIM are the final reference for every fact on this page.
The fund house also offers a Direct plan of this scheme, whose expenses are lower to the extent of the distribution commission.
Assets: the fund house’s month-end disclosure of 30 Sep 2026. Minimums: fund house documents, as read by Felix on 28 Oct 2026. Benchmark: the SID.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
1 change in the last 12 months: SEBI renamed its category from Long Duration Fund to Long Term Fund, 26 Feb 2026. See what changed
What it is
SEBI’s rule for a Long Term Fund: debt and money market instruments, with a portfolio Macaulay duration of more than 7 years. Source: SEBI
What the SID allows it to holdSID Scheme information document: the scheme’s offer document, which sets out its objective, asset allocation, risks and expenses.
Source: the SID’s asset allocation, from fund house disclosures.
Potential risk class (PRC)
PRC Potential risk class: the most interest-rate risk and credit risk a debt scheme may take, on SEBI’s three-by-three grid, as its SID states it.as the SID states it| Interest-rate risk | Credit risk relatively low (A) | Moderate (B) | Relatively high (C) |
|---|---|---|---|
| Relatively low (I) | |||
| Moderate (II) | |||
| Relatively high (III) | A-III |
Riskometer
The risk of the scheme is Moderate
As read by Felix on 28 Oct 2026. Fund houses review this level every month, and the fund house’s latest disclosure prevails: Riskometer disclosures, Mirae Asset Mutual Fund
- Low
- Low to Moderate
- Moderate
- Moderately High
- High
- Very High
Benchmark: CRISIL Long Duration Debt A-III Index. Its riskometer is published monthly by the fund house: Riskometer disclosures, Mirae Asset Mutual Fund
Source: fund houses’ disclosures.
Who runs it
Kruti Chhetasince 21 Nov 2024
Fund manager
Also manages Mirae Asset Banking and PSU Debt Fund, Mirae Asset Corporate Bond Fund
Bars on one scale, from the scheme’s launch. Other schemes A to Z. Source: fund house disclosures, as of 28 Oct 2026.
Codes and identity
from the SID and AMFI- Fund house
- Mirae Asset Mutual Fund
- SEBI category
- Long Term Fund
- Plan and option
- Regular plan – Growth
- Structure
- Open-ended
- Launched
- 6 Dec 2024
- AMFI code, Growth
- 153107
- ISIN, Growth
- INF769K01MZ2
- IDCW INF769K01NB1, INF769K01NA3
- Registrar
- KFin Tech
- Fund house website
- miraeassetmf.co.in ↗
ISINs of the IDCW options
Mirae Asset Mutual Fund
Mirae Asset Mutual Fund runs 59 schemes in their Regular plan: 12 equity, 10 debt, 5 hybrid, 9 index funds and ETFs, 23 other.
20 fund managers, in their current schemes for 2 years 1 month on average.
8 schemes launched in the last 12 months.
- All 59 schemes
- miraeassetmf.co.in
- Registrar: KFin Tech
Source: fund houses’ disclosures, as of 28 Oct 2026.
Buying and selling
- SIP from
- ₹99, as the KIM states it
- Entry load
- Nil, since 1 Aug 2009
- Stamp duty
- 0.005% of the amount invested, since 1 Jul 2020
- Applicable NAV
- That business day’s, when the application and the money reach the fund house by the 3 pm cut-off; after it, the next business day’s
- Redemption money
- Within 3 working days of the redemption request
Sources: the scheme’s KIM for the minimums; SEBI for the entry load, cut-off and redemption timeline; Ministry of Finance for stamp duty.
The category: Long Term Fund
All 11 schemesSchemes 2 to 11 of 11, A to Z; this scheme is marked.Schemes 6 to 10 of 11, A to Z; this scheme is marked.
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Axis Long Term Fund | NIFTY Long Duration Debt Index A-III | 154 | 1,000 | 2022 |
| Bandhan Long Term Fund | NIFTY Long Duration Debt Index A-III | 46 | 100 | 2024 |
| Franklin India Long Term Fund | CRISIL Long Duration Debt A-III Index | 42 | 500 | 2024 |
| HDFC Long Term Fund | NIFTY Long Duration Debt Index A-III | 2,577 | 100 | 2023 |
| ICICI Prudential Long Term Fund | CRISIL Long Duration Debt A-III Index | 822 | 1,000 | 1998 |
| Kotak Long Term Fund | CRISIL Long Duration Debt A-III Index | 49 | 100 | 2024 |
| Mirae Asset Long Term Fund | CRISIL Long Duration Debt A-III Index | 19 | 99 | 2024 |
| Nippon India Nivesh Lakshya Long Term Fund | CRISIL Long Duration Debt A-III Index | 5,839 | 100 | 2018 |
| SBI Long Term Fund | CRISIL Long Duration Debt A-III Index | 1,246 | 500 | 2022 |
| UTI Long Term Fund | NIFTY Long Duration Debt Index A-III | 60 | 500 | 2023 |
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| ICICI Prudential Long Term Fund | CRISIL Long Duration Debt A-III Index | 822 | 1,000 | 1998 |
| Kotak Long Term Fund | CRISIL Long Duration Debt A-III Index | 49 | 100 | 2024 |
| Mirae Asset Long Term Fund | CRISIL Long Duration Debt A-III Index | 19 | 99 | 2024 |
| Nippon India Nivesh Lakshya Long Term Fund | CRISIL Long Duration Debt A-III Index | 5,839 | 100 | 2018 |
| SBI Long Term Fund | CRISIL Long Duration Debt A-III Index | 1,246 | 500 | 2022 |
Show all 11 schemes
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Aditya Birla Sun Life Long Term Fund | NIFTY Long Duration Debt Index A-III | 89 | 500 | 2022 |
| Axis Long Term Fund | NIFTY Long Duration Debt Index A-III | 154 | 1,000 | 2022 |
| Bandhan Long Term Fund | NIFTY Long Duration Debt Index A-III | 46 | 100 | 2024 |
| Franklin India Long Term Fund | CRISIL Long Duration Debt A-III Index | 42 | 500 | 2024 |
| HDFC Long Term Fund | NIFTY Long Duration Debt Index A-III | 2,577 | 100 | 2023 |
| ICICI Prudential Long Term Fund | CRISIL Long Duration Debt A-III Index | 822 | 1,000 | 1998 |
| Kotak Long Term Fund | CRISIL Long Duration Debt A-III Index | 49 | 100 | 2024 |
| Mirae Asset Long Term Fund | CRISIL Long Duration Debt A-III Index | 19 | 99 | 2024 |
| Nippon India Nivesh Lakshya Long Term Fund | CRISIL Long Duration Debt A-III Index | 5,839 | 100 | 2018 |
| SBI Long Term Fund | CRISIL Long Duration Debt A-III Index | 1,246 | 500 | 2022 |
| UTI Long Term Fund | NIFTY Long Duration Debt Index A-III | 60 | 500 | 2023 |
Regular plan – Growth for every scheme. Source: fund houses’ disclosures; assets at month-end 30 Sep 2026; SIP minimums as read by Felix on 28 Oct 2026; benchmarks as each SID names them.
What changed
- 26 Feb 2026SEBI renamed its category from Long Duration Fund to Long Term Fund
- 9 Dec 2024Re-opened for everyday purchases
- 6 Dec 2024Launched
- 2 Dec 2024NFO closed
- 21 Nov 2024NFO opened
Source: fund house disclosures and SEBI.
Documents
KIM Key information memorandum: the short summary of the SID that comes with every application form.Mirae Asset Mutual Fund publishes the scheme’s documents on its website:
- Scheme information document (SID)
- Key information memorandum (KIM)
- Monthly factsheet
- Monthly portfolio disclosure
Felix links to the fund house’s own copies and never copies them.
Questions about this fund
Who manages it, and since when?
Kruti Chheta, since 21 Nov 2024 (Fund manager). Source: Mirae Asset Mutual Fund’s disclosures.
What is the minimum SIP?
₹99 a month, as of 28 Oct 2026, from the fund house’s documents.
What is its benchmark?
CRISIL Long Duration Debt A-III Index, as the SID names it. Felix shows the benchmark by name only.
When was it launched, and what was it called before?
It was launched on 6 Dec 2024.
How do I invest in it?
Read the SID and KIM on Mirae Asset Mutual Fund’s website first. A mutual fund distributor can place your application in this scheme’s Regular plan. Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission.
What does “Regular plan – Growth” mean?
The Regular plan is the one bought through a distributor; its expenses include the distributor’s commission. In the Growth option, gains stay in the NAV and nothing is paid out.
Where are its documents?
On Mirae Asset Mutual Fund’s website: the scheme information document (SID), the key information memorandum (KIM) and the monthly factsheet.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Data on this page
| Block | Source | For |
|---|---|---|
| Assets | Fund houses’ disclosures, at month-end | 30 Sep 2026 |
| Minimums | Fund house documents, as read by Felix | 28 Oct 2026 |
| Riskometer | Fund houses’ disclosures, as read by Felix | 28 Oct 2026 |
| Asset allocation | The SID, from fund house disclosures | 28 Oct 2026 |
| Fund managers | Fund house disclosures | 28 Oct 2026 |
Something wrong or out of date? Report an error
When you are ready, invest with a person.
The SID and KIM are the final reference for every fact on this page.