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 June 14, 2024
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,623 cr
Turnover Ratio 342.99%
Expense Ratio 0.21%
Exit Load -
Returns
  • 1M: 0.66%
  • 1Y: 7.62%
  • 3M: 1.99%
  • 3Y: 5.97%
  • 6M: 3.96%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since over 1 year)
ISIN INF769K01GK6
Fund Family Mirae Asset
Launch Date October 07, 2020
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.45 years
Yield To Maturity (%) 7.61%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 88.78%
AA 11.22%
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 1.882
Sharpe 1.128
Std Dev 0.525
Risk Low
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
514.118 7.62% 13,580 cr 0.34% Average
14.423 7.62% 5,152 cr 0.28% Below Average
27.657 7.60% 12,497 cr 0.39% Below Average
4201.562 7.52% 2,515 cr 0.43% High
14.308 7.49% 14,315 cr 0.36% Below Average
2659.134 7.47% 709 cr 0.24% Average
41.532 7.42% 12,841 cr 0.36% Below Average
Best Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
4095.907 7.72% 6,323 cr 0.38% High
1220.440 7.62% 1,623 cr 0.21% Low
514.118 7.62% 13,580 cr 0.34% Average
14.423 7.62% 5,152 cr 0.28% Below Average
3417.624 7.60% 2,684 cr 0.3% Below Average
27.657 7.60% 12,497 cr 0.39% Below Average
13.747 7.59% 2,457 cr 0.37% Below Average


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