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 September 21, 2021
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 251 cr
Turnover Ratio 88.00%
Expense Ratio 0.24%
Exit Load -
Returns
  • 1M: 0.31%
  • 1Y: N/A
  • 3M: 1.01%
  • 3Y: N/A
  • 6M: 2.03%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Mahendra Jajoo (Since 12 months)
ISIN INF769K01GK6
Fund Family Mirae Asset
Launch Date October 07, 2020
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.31 years
Yield To Maturity (%) 3.59%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 95.33%
AA 4.67%
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 -
Sharpe -
Std Dev -
Risk -
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
23.401 5.09% 10,652 cr 0.39% Average
436.097 4.63% 18,973 cr 0.34% Average
28.094 4.09% 672 cr 0.29% Above Average
35.315 4.00% 14,237 cr 0.33% Below Average
2263.907 3.94% 902 cr 0.24% Below Average
4801.863 3.84% 12,277 cr 0.31% Below Average
35.696 3.65% 2,461 cr 0.23% Below Average
Best Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
3443.256 9.50% 3,116 cr 0.25% High
23.401 5.09% 10,652 cr 0.39% Average
436.097 4.63% 18,973 cr 0.34% Average
12.208 4.51% 6,797 cr 0.3% -
28.094 4.09% 672 cr 0.29% Above Average
35.315 4.00% 14,237 cr 0.33% Below Average
4801.863 3.84% 12,277 cr 0.31% Below Average


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