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

Mirae Asset Ultra Short Duration Fund Direct Growth

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1295.918 (0.120%)
NAV on March 28, 2025
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,588 cr
Turnover Ratio 339.00%
Expense Ratio 0.18%
Exit Load -
Returns
  • 1M: 0.74%
  • 1Y: 7.93%
  • 3M: 2.06%
  • 3Y: 7.04%
  • 6M: 3.93%
  • 5Y: N/A
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Basant Bafna (Since about 2 years)
ISIN INF769K01GK6
Fund Family Mirae Asset
Launch Date October 07, 2020
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.49 years
Yield To Maturity (%) 7.54%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 95.08%
AA 4.92%
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 2.838
Sharpe 1.639
Std Dev 0.414
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
4352.206 8.00% 7,364 cr 0.38% Below Average
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
546.321 7.99% 14,165 cr 0.34% Average
Mirae
Mirae Asset Ultra Short Duration Fund Direct Growth
1295.918 7.93% 1,588 cr 0.18% Below Average
Axis
Axis Ultra Short Duration Fund Direct Growth
15.310 7.87% 5,297 cr 0.36% Below Average
Religare invesco mutual fund
Invesco India Ultra Short Duration Fund Direct Plan Growth
2821.599 7.82% 1,337 cr 0.24% Average
Uti
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option
4458.479 7.82% 3,385 cr 0.32% Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
29.341 7.81% 13,017 cr 0.39% Below 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
4352.206 8.00% 7,364 cr 0.38% Below Average
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
546.321 7.99% 14,165 cr 0.34% Average
Mirae
Mirae Asset Ultra Short Duration Fund Direct Growth
1295.918 7.93% 1,588 cr 0.18% Below Average
Dsp
DSP Ultra Short Fund Direct Plan Growth
3630.857 7.92% 3,165 cr 0.3% Average
Tata
Tata Ultra Short Term Fund Direct Growth
14.597 7.88% 4,996 cr 0.3% Below Average
Axis
Axis Ultra Short Duration Fund Direct Growth
15.310 7.87% 5,297 cr 0.36% Below Average
Religare invesco mutual fund
Invesco India Ultra Short Duration Fund Direct Plan Growth
2821.599 7.82% 1,337 cr 0.24% Average


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