Latest NAV & returns of MIRAE ASSET GLOBAL INVESTMENTS (INDIA) PVT. LTD.

Mirae Asset Ultra Short Duration Fund Direct Growth

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NAV on April 23, 2025
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,678 cr
Turnover Ratio 339.00%
Expense Ratio 0.17%
Exit Load -
Returns
  • 1M: 1.02%
  • 1Y: 8.06%
  • 3M: 2.20%
  • 3Y: 7.19%
  • 6M: 4.07%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since over 2 years)
ISIN INF769K01GK6
Fund Family Mirae Asset
Launch Date October 07, 2020
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.56 years
Yield To Maturity (%) 7.27%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 93.22%
AA 6.78%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs NIFTY Ultra Short Duration Debt TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 3.186
Sharpe 1.659
Std Dev 0.424
Risk Below Average
INVESTMENT OBJECTIVE

The investment objective of the scheme is to generate regular income and provide liquidity by investing primarily in a portfolio comprising of debt & money market instruments.There is no assurance or guarantee that the investment objective of the scheme will be realized.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
550.762 8.19% 13,294 cr 0.34% Average
4383.908 8.14% 6,498 cr 0.38% Below Average
1305.066 8.06% 1,678 cr 0.17% Below Average
15.423 8.02% 5,734 cr 0.36% Below Average
29.558 7.95% 13,512 cr 0.39% Below Average
2841.465 7.94% 1,039 cr 0.24% Average
4489.475 7.92% 3,143 cr 0.37% Average


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