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

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

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previously known as Mirae Asset Ultra Short Duration Dir DR until

1268.204 (0.013%)
NAV on December 20, 2024
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,667 cr
Turnover Ratio 339.00%
Expense Ratio 0.22%
Exit Load -
Returns
  • 1M: 0.57%
  • 1Y: 7.88%
  • 3M: 1.85%
  • 3Y: 6.66%
  • 6M: 3.78%
  • 5Y: N/A
Min Investment 5,000
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ADDITIONAL INFO
Fund Manager Basant Bafna (Since almost 2 years)
ISIN INF769K01GL4
Fund Family Mirae Asset
Launch Date October 07, 2020
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.51 years
Yield To Maturity (%) 7.49%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 96.16%
AA 3.84%
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 2.506
Sharpe 1.441
Std Dev 0.474
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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

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
534.974 8.06% 15,890 cr 0.35% Average
Reliance
Nippon India Ultra Short Duration Fund Direct Growth Option
4259.029 7.99% 7,783 cr 0.38% Below Average
Mirae
Mirae Asset Ultra Short Duration Fund Direct Growth
1268.270 7.90% 1,667 cr 0.22% Below Average
Axis
Axis Ultra Short Duration Fund Direct Growth
14.989 7.89% 6,050 cr 0.36% Below Average
Icici
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
28.730 7.87% 13,935 cr 0.39% Below Average
Uti
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option
4365.585 7.81% 3,039 cr 0.33% Average
Religare invesco mutual fund
Invesco India Ultra Short Duration Fund Direct Plan Growth
2762.190 7.75% 1,387 cr 0.24% Average


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