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Home › Mutual Funds › Mirae Asset Mutual Fund › Mirae Asset Ultra Short Duration Fund Direct Reinvestment of Income Distribution cum capital wdrl
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

NAV: ₹1423.056 (0.027%)
NAV on August 13, 2026
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Total Assets ₹1,467 cr
Turnover Ratio 437.85%
Expense Ratio 0.18%
Exit Load -
Returns
  • 1M: Positive return: 0.62%
  • 1Y: Positive return: 6.71%
  • 3M: Positive return: 1.99%
  • 3Y: Positive return: 7.46%
  • 6M: Positive return: 3.55%
  • 5Y: Positive return: 6.63%
Min Investment ₹5,000
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ADDITIONAL INFO
Fund Manager Basant Bafna (Since over 3 years)
ISIN INF769K01GL4
Fund Family Mirae Asset
Launch Date October 07, 2020
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.87 years
Yield To Maturity (%) 7.11%

Asset Allocation

  • Debt: 39.1%
  • Cash: 60.5%
  • Other: 0.3%
CREDIT QUALITY (%)
AAA 80.79%
AA 19.21%
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 6.185
Sharpe 1.984
Std Dev 0.463
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.

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
NIPPON INDIA PRIVATE LTD. logo
Nippon India Ultra Short Duration Fund Direct Growth Option
₹ 4793.915 6.97% ₹ 11,659 cr 0.28% Below Average
TATA ASSET MANAGEMENT LTD. logo
Tata Ultra Short Term Fund Direct Growth
₹ 16.069 6.96% ₹ 6,378 cr 0.26% Below Average
AXIS ASSET MANAGEMENT COMPANY LIMITED logo
Axis Ultra Short Duration Fund Direct Growth
₹ 16.827 6.74% ₹ 5,908 cr 0.40% Below Average
MIRAE ASSET GLOBAL INVESTMENTS (INDIA) PVT. LTD. logo
Mirae Asset Ultra Short Duration Fund Direct Growth
₹ 1423.519 6.73% ₹ 1,467 cr 0.18% Average
ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LTD logo
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
₹ 32.250 6.72% ₹ 15,455 cr 0.34% Average
INVESCO ASSET MANAGEMENT COMPANY PRIVATE LIMITED logo
Invesco India Ultra Short Duration Fund Direct Plan Growth
₹ 3097.657 6.71% ₹ 1,002 cr 0.21% Average
ADITYA BIRLA SUN LIFE MUTUAL FUND logo
Aditya Birla Sun Life Savings Fund Direct Plan Growth
₹ 600.829 6.68% ₹ 18,189 cr 0.26% Above Average


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