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

Mirae Asset Ultra Short Duration Fund Direct Growth

Add To Compare

NAV on March 04, 2024
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 665 cr
Turnover Ratio 342.99%
Expense Ratio 0.23%
Exit Load -
Returns
  • 1M: 0.68%
  • 1Y: 7.66%
  • 3M: 1.89%
  • 3Y: 5.59%
  • 6M: 3.67%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since about 1 year)
ISIN INF769K01GK6
Fund Family Mirae Asset
Launch Date October 07, 2020
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.43 years
Yield To Maturity (%) 7.98%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 92.93%
AA 7.07%
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 1.511
Sharpe 0.942
Std Dev 0.505
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
14.112 7.73% 4,599 cr 0.33% Below Average
27.057 7.68% 13,855 cr 0.39% Below Average
502.782 7.63% 12,493 cr 0.34% Average
4111.904 7.59% 1,815 cr 0.44% High
14.001 7.59% 12,397 cr 0.36% Average
2602.833 7.58% 638 cr 0.24% Average
40.650 7.54% 12,560 cr 0.37% Below Average


Other plans of Mirae Asset Ultra Short Duration Fund


Other Debt funds by Mirae Asset