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

Mirae Asset Ultra Short to Short Term Fund Direct Plan Growth

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previously known as Mirae Asset Low Duration Dir Gr until

NAV on October 16, 2026
Category Fixed income:
Low Duration
Interest rate sensitivity
Credit quality
Total Assets ₹2,290 cr
Turnover Ratio 430.66%
Expense Ratio 0.22%
Exit Load -
Returns
  • 1M: Positive return: 0.29%
  • 1Y: Positive return: 6.07%
  • 3M: Positive return: 1.35%
  • 3Y: Positive return: 7.39%
  • 6M: Positive return: 3.01%
  • 5Y: Positive return: 6.63%
Min Investment ₹5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since over 2 years)
ISIN INF769K01BO9
Fund Family Mirae Asset
Launch Date January 01, 2013
Benchmark NIFTY Low Duration Debt TR INR
Avg. Maturity 1.08 years
Yield To Maturity (%) 7.24%

Asset Allocation

  • Debt: 72.2%
  • Cash: 27.5%
  • Other: 0.3%
CREDIT QUALITY (%)
AAA 87.06%
AA 12.94%
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 Low Duration Debt TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 4.105
Sharpe 1.576
Std Dev 0.667
Risk Average
INVESTMENT OBJECTIVE

The investment objective of the scheme is to seek to generate returns with a portfolio comprising of debt and money market instruments, such that Macaulay duration of the portfolio is between 6 months - 12 months. The Scheme does not guarantee any returns.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Low Duration Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
₹ 4305.128 6.13% ₹ 7,096 cr 0.40% Average
₹ 3516.344 6.12% ₹ 4,563 cr 0.37% Below Average
₹ 47.550 6.12% ₹ 330 cr 0.28% Low
₹ 1900.328 6.09% ₹ 497 cr 0.34% Low
₹ 597.006 6.04% ₹ 18,781 cr 0.42% Average
₹ 32.766 6.02% ₹ 847 cr 0.40% Above Average
₹ 3946.636 5.96% ₹ 12,566 cr 0.41% Average

Best Low Duration Funds

Name Latest NAV Returns 1y   Fund Assets Expense Ratio Risk
₹ 30.265 12.59% ₹ 544 cr 0.33% Above Average
₹ 46.479 6.20% ₹ 1,900 cr 0.24% Below Average
₹ 4377.570 6.14% ₹ 2,727 cr 0.27% Average
₹ 4305.128 6.13% ₹ 7,096 cr 0.4% Average
₹ 3516.344 6.12% ₹ 4,563 cr 0.37% Below Average
₹ 47.550 6.12% ₹ 330 cr 0.28% Low
₹ 1900.328 6.09% ₹ 497 cr 0.34% Low


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