Home › Mutual Funds › Mirae Asset Mutual Fund › Mirae Asset Ultra Short Duration Fund Direct Growth
Latest NAV & returns of MIRAE ASSET GLOBAL INVESTMENTS (INDIA) PVT. LTD.

Mirae Asset Ultra Short Duration Fund Direct Growth

Add To Compare

1259.840 (0.024%)
NAV on November 14, 2024
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,585 cr
Turnover Ratio 339.00%
Expense Ratio 0.21%
Exit Load -
Returns
  • 1M: 0.63%
  • 1Y: 7.94%
  • 3M: 1.93%
  • 3Y: 6.56%
  • 6M: 3.91%
  • 5Y: N/A
Min Investment 5,000
Buy Now Start SIP
ADDITIONAL INFO
Fund Manager Basant Bafna (Since almost 2 years)
ISIN INF769K01GK6
Fund Family Mirae Asset
Launch Date October 07, 2020
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.50 years
Yield To Maturity (%) 7.52%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 94.21%
AA 5.79%
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 2.721
Sharpe 1.550
Std Dev 0.482
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
Reliance
Nippon India Ultra Short Duration Fund Direct Growth Option
4229.512 7.99% 7,914 cr 0.38% Below Average
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
530.953 7.96% 15,098 cr 0.36% Average
Mirae
Mirae Asset Ultra Short Duration Fund Direct Growth
1259.840 7.94% 1,585 cr 0.21% Below Average
Axis
Axis Ultra Short Duration Fund Direct Growth
14.888 7.91% 6,019 cr 0.36% Below Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
28.536 7.87% 14,206 cr 0.39% Below Average
Uti
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option
4336.467 7.83% 3,046 cr 0.33% Average
Hdfc
HDFC Ultra S/T Fund Direct Growth
14.759 7.77% 14,802 cr 0.37% Average
Best Ultra Short Duration Funds
NAME LATEST
NAV		 RETURNS
1y     		FUND
ASSETS		 Expense
RATIO		 RISK
Reliance
Nippon India Ultra Short Duration Fund Direct Growth Option
4229.512 7.99% 7,914 cr 0.38% Below Average
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
530.953 7.96% 15,098 cr 0.36% Average
Mirae
Mirae Asset Ultra Short Duration Fund Direct Growth
1259.840 7.94% 1,585 cr 0.21% Below Average
Axis
Axis Ultra Short Duration Fund Direct Growth
14.888 7.91% 6,019 cr 0.36% Below Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
28.536 7.87% 14,206 cr 0.39% Below Average
Tata
Tata Ultra Short Term Fund Direct Growth
14.186 7.84% 3,363 cr 0.29% Below Average
Uti
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option
4336.467 7.83% 3,046 cr 0.33% Average


Other plans of Mirae Asset Ultra Short Duration Fund


Other Debt funds by Mirae Asset

Data Partner
Click here to visit AMC website and
read all scheme related documents Mirae Asset Fund