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 March 21, 2023
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 285 cr
Turnover Ratio 239.06%
Expense Ratio 0.31%
Exit Load -
Returns
  • 1M: 0.54%
  • 1Y: 5.49%
  • 3M: 1.66%
  • 3Y: N/A
  • 6M: 3.21%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since 2 months)
ISIN INF769K01GK6
Fund Family Mirae Asset
Launch Date October 07, 2020
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.34 years
Yield To Maturity (%) 7.60%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 97.85%
AA 2.15%
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
25.227 5.66% 12,447 cr 0.39% Average
37.953 5.54% 12,085 cr 0.37% Average
30.180 5.52% 405 cr 0.27% Below Average
468.901 5.49% 13,831 cr 0.34% Above Average
3837.202 5.41% 2,131 cr 0.45% High
2429.365 5.41% 818 cr 0.24% Average
Best Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
3731.401 5.94% 5,115 cr 0.38% High
13.153 5.68% 4,360 cr 0.31% Below Average
1319.866 5.66% 561 cr 0.22% Below Average
25.227 5.66% 12,447 cr 0.39% Average
2472.816 5.66% 818 cr 0.17% Low
12.544 5.55% 1,621 cr 0.25% Low
37.953 5.54% 12,085 cr 0.37% Average


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