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

Add To Compare

previously known as Mirae Asset Ultra Short Duration Dir DR until

NAV on April 22, 2024
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,489 cr
Turnover Ratio 342.99%
Expense Ratio 0.22%
Exit Load -
Returns
  • 1M: 0.74%
  • 1Y: 7.62%
  • 3M: 2.08%
  • 3Y: 5.79%
  • 6M: 3.93%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since over 1 year)
ISIN INF769K01GL4
Fund Family Mirae Asset
Launch Date October 07, 2020
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.44 years
Yield To Maturity (%) 7.88%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 87.14%
AA 12.86%
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 1.629
Sharpe 0.982
Std Dev 0.525
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
509.018 7.73% 11,837 cr 0.39% Average
27.376 7.67% 12,907 cr 0.39% Below Average
14.275 7.66% 4,484 cr 0.29% Below Average
4158.866 7.56% 2,093 cr 0.43% High
14.162 7.52% 12,537 cr 0.36% Average
2631.728 7.50% 614 cr 0.24% Average
41.115 7.47% 14,443 cr 0.37% Average
Best Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
4053.079 7.76% 5,526 cr 0.38% High
509.018 7.73% 11,837 cr 0.39% Average
27.376 7.67% 12,907 cr 0.39% Below Average
14.275 7.66% 4,484 cr 0.29% Below Average
3382.945 7.65% 2,377 cr 0.31% Average
13.607 7.64% 2,669 cr 0.31% Below Average
1207.457 7.63% 1,489 cr 0.22% Below Average


Other plans of Mirae Asset Ultra Short Duration Fund


Other Debt funds by Mirae Asset