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

1391.585 (0.026%)
NAV on April 16, 2026
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,640 cr
Turnover Ratio 551.37%
Expense Ratio 0.13%
Exit Load -
Returns
  • 1M: 0.87%
  • 1Y: 6.80%
  • 3M: 1.81%
  • 3Y: 7.50%
  • 6M: 3.18%
  • 5Y: 6.43%
Min Investment 5,000
Buy Now Start SIP
ADDITIONAL INFO
Fund Manager Basant Bafna (Since over 3 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 (%) 6.75%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 92.63%
AA 7.37%
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 6.687
Sharpe 2.686
Std Dev 0.317
Risk 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
4686.596 7.08% 9,512 cr 0.38% Below Average
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
587.564 6.93% 19,348 cr 0.32% Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
31.550 6.93% 13,619 cr 0.40% Average
Axis
Axis Ultra Short Duration Fund Direct Growth
16.463 6.92% 3,958 cr 0.38% Below Average
Religare invesco mutual fund
Invesco India Ultra Short Duration Fund Direct Plan Growth
3029.778 6.79% 963 cr 0.24% Below Average
Kotak
Kotak Savings Fund Direct Growth
47.244 6.72% 14,989 cr 0.36% Average
Pgim india
PGIM India Ultra Short Duration Fund Direct Plan Growth
37.378 6.40% 161 cr 0.38% Below 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