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

Mirae Asset Ultra Short Duration Fund Direct Payout of Income Distribution cum capital wdrl

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previously known as Mirae Asset Ultra Short Duration Dir DP until

1170.852 (0.023%)
NAV on November 29, 2023
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 530 cr
Turnover Ratio 342.99%
Expense Ratio 0.23%
Exit Load -
Returns
  • 1M: 0.64%
  • 1Y: 7.32%
  • 3M: 1.76%
  • 3Y: 5.17%
  • 6M: 3.56%
  • 5Y: N/A
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Basant Bafna (Since 11 months)
ISIN INF769K01GJ8
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 (%) 7.69%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 95.13%
AA 4.87%
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 0.945
Sharpe 0.617
Std Dev 0.502
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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet
Top Ultra Short Duration Funds
NAME LATEST
NAV		 RETURNS
1y       		FUND
ASSETS 		EXPENSE
RATIO		 RISK
Axis
Axis Ultra Short Term Fund Direct Growth
13.837 7.47% 4,827 cr 0.31% Below Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
26.533 7.41% 12,994 cr 0.39% Below Average
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
493.146 7.37% 13,755 cr 0.34% Average
Religare invesco mutual fund
Invesco India Ultra Short Term Fund Direct Plan Growth
2553.622 7.33% 733 cr 0.24% Average
Hdfc
HDFC Ultra S/T Fund Direct Growth
13.736 7.30% 12,997 cr 0.36% Average
Uti
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option
4033.368 7.30% 2,240 cr 0.43% High
Kotak
Kotak Savings Fund Direct Growth
39.882 7.29% 13,154 cr 0.36% Below Average


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