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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

1379.001 (-0.014%)
NAV on March 12, 2026
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,984 cr
Turnover Ratio 551.37%
Expense Ratio 0.16%
Exit Load -
Returns
  • 1M: 0.39%
  • 1Y: 6.99%
  • 3M: 1.33%
  • 3Y: 7.48%
  • 6M: 2.93%
  • 5Y: 6.32%
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Basant Bafna (Since about 3 years)
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 (%) 7.03%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 92.72%
AA 7.28%
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 7.209
Sharpe 2.881
Std Dev 0.310
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.

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
Birla new
Aditya Birla Sun Life Savings Fund Direct Plan Growth
583.209 7.35% 21,467 cr 0.33% Average
Reliance
Nippon India Ultra Short Duration Fund Direct Growth Option
4645.694 7.33% 10,672 cr 0.38% Below Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
31.295 7.25% 16,816 cr 0.39% Average
Axis
Axis Ultra Short Duration Fund Direct Growth
16.319 7.18% 5,824 cr 0.38% Below Average
Kotak
Kotak Savings Fund Direct Growth
46.903 7.16% 16,105 cr 0.36% Average
Religare invesco mutual fund
Invesco India Ultra Short Duration Fund Direct Plan Growth
3002.239 6.96% 1,292 cr 0.24% Below Average
Pgim india
PGIM India Ultra Short Duration Fund Direct Plan Growth
37.073 6.63% 165 cr 0.45% Below Average


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