1M
6M
1Y
3Y
All
| NAV: 13 Mar 2025 | ₹1,289.20 |
| Min. SIP amount | ₹99 |
| Rating | 4 |
| Fund size | ₹1,601.77Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
| 6M | 1Y | 3Y | All | |
|---|---|---|---|---|
| Fund returns | NA | 7.8% | 6.9% | 5.9% |
| Category average | NA | 6.9% | 6.2% | NA |
| Rank with in category | NA | 4 | 7 | NA |
Understand terms
Peer Comparison
| Debt, Ultra Short Duration funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Sundaram Ultra Short Duration Fund Direct IDCW Monthly | 5 | 7.6% | 6.9% | 2,004.57 |
Nippon India Ultra Short Duration Fund Direct IDCW Monthly | 5 | NA | NA | 7,544.61 |
ICICI Prudential Ultra Short Term Fund Direct IDCW Weekly | 5 | NA | NA | 13,589.35 |
Axis Ultra Short Duration Fund Direct IDCW | 4 | NA | NA | 5,594.59 |
Axis Ultra Short Duration Fund Direct IDCW Weekly | 4 | NA | NA | 5,594.59 |
Holdings (48)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 7.78% |
Export-Import Bank Of India | Financial | Bonds | 7.35% |
Canara Bank | Financial | CD | 4.91% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 4.86% |
Power Finance Corporation Ltd. | Financial | Debenture | 3.76% |
HDB Financial Services Ltd. | Financial | Debenture | 3.11% |
LIC Housing Finance Ltd. | Financial | Debenture | 3.11% |
Canara Bank | Financial | CD | 3.07% |
Indian Bank | Financial | CD | 3.07% |
HDFC Bank Ltd. | Financial | CD | 3.06% |
LIC Housing Finance Ltd. | Financial | Debenture | 2.79% |
Canara Bank | Financial | CD | 2.46% |
Axis Bank Ltd. | Financial | CD | 2.44% |
HDFC Bank Ltd. | Financial | CD | 2.44% |
Mahindra & Mahindra Financial Services Ltd. | Financial | Debenture | 2.19% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.18% |
National Bank For Agriculture & Rural Development | Financial | NCD | 1.99% |
HDFC Bank Ltd. | Financial | NCD | 1.83% |
HDFC Bank Ltd. | Financial | Debenture | 1.57% |
Hero FinCorp Ltd. | Financial | Debenture | 1.56% |
Power Finance Corporation Ltd. | Financial | NCD | 1.56% |
Reserve Bank of India | Financial | T-Bills | 1.56% |
Reserve Bank of India | Financial | T-Bills | 1.54% |
Sundaram Finance Ltd. | Financial | CP | 1.54% |
Export-Import Bank Of India | Financial | CP | 1.53% |
LIC Housing Finance Ltd. | Financial | Debenture | 1.53% |
Small Industries Devp. Bank of India Ltd. | Financial | CP | 1.52% |
Kotak Mahindra Bank Ltd. | Financial | CD | 1.52% |
Credila Financial Services Ltd. | Financial | CP | 1.47% |
National Bank For Agriculture & Rural Development | Financial | CD | 1.45% |
Motilal Oswal Financial Services Ltd. | Financial | CP | 1.44% |
Reserve Bank of India | Financial | T-Bills | 1.38% |
IIFL Finance Ltd. | Financial | NCD | 1.25% |
Kotak Mahindra Bank Ltd. | Financial | CD | 1.23% |
Axis Bank Ltd. | Financial | CD | 1.22% |
HDFC Bank Ltd. | Financial | CD | 1.16% |
ICICI Bank Ltd. | Financial | CD | 1.07% |
ONGC Petro Additions Ltd. | Energy | NCD | 0.94% |
Embassy Office Parks REIT | Construction | Debenture | 0.94% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.93% |
Export-Import Bank Of India | Financial | Debenture | 0.93% |
Reserve Bank of India | Financial | T-Bills | 0.92% |
Indostar Capital Finance Ltd. | Financial | Debenture | 0.75% |
Indostar Capital Finance Ltd. | Financial | Debenture | 0.75% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.50% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 0.31% |
Muthoot Finance Ltd. | Financial | Debenture | 0.31% |
Shriram Finance Ltd | Financial | Debenture | 0.16% |
See All
Expense ratio, exit load and tax
Expense ratio: 0.18%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹99 |
Fund management
Basant BafnaJan 2023 - PresentView details
Basant Bafna
Jan 2023 - Present
View details
Education
Mr. Bafna has done B.Com, MBA, CS, CA, FRM and CFA
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
30 Nov 2007
E-mail
NAWebsite
www.miraeassetmf.co.in
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
Mirae Asset Ultra Short Duration Fund Direct IDCW
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Vaishnavi Tech Park, South Tower, 3rd Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
Karnataka
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