1M
6M
1Y
3Y
All
| NAV: 20 Dec 2024 | ₹1,268.20 |
| Min. SIP amount | ₹99 |
| Rating | 4 |
| Fund size | ₹1,261.80Cr |
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 | 7.9% | 6.7% | 5.8% |
| Category average | NA | 7.1% | 6.0% | NA |
| Rank with in category | NA | 3 | 7 | NA |
Understand terms
Peer Comparison
| Debt, Ultra Short Duration funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Nippon India Ultra Short Duration Fund Direct IDCW Monthly | 5 | NA | NA | 7,256.63 |
ICICI Prudential Ultra Short Term Fund Direct IDCW Weekly | 5 | NA | NA | 13,757.04 |
Axis Ultra Short Duration Fund Direct IDCW | 4 | NA | NA | 5,201.51 |
Axis Ultra Short Duration Fund Direct IDCW Weekly | 4 | NA | NA | 5,201.51 |
Mirae Asset Ultra Short Duration Fund Direct IDCW | 4 | NA | NA | 1,261.80 |
Holdings (67)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Power Finance Corporation Ltd. | Financial | Debenture | 5.74% |
HDB Financial Services Ltd. | Financial | Debenture | 2.87% |
LIC Housing Finance Ltd. | Financial | Debenture | 2.87% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.87% |
Embassy Office Parks REIT | Construction | CP | 2.84% |
Axis Bank Ltd. | Financial | CD | 2.83% |
Union Bank of India | Financial | CD | 2.82% |
Canara Bank | Financial | CD | 2.78% |
National Bank For Agriculture & Rural Development | Financial | NCD | 2.61% |
HDFC Bank Ltd. | Financial | Debenture | 2.47% |
ONGC Petro Additions Ltd. | Energy | NCD | 2.31% |
National Bank For Agriculture & Rural Development | Financial | CD | 2.21% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 2.01% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.00% |
Reserve Bank of India | Financial | T-Bills | 1.84% |
HDFC Bank Ltd. | Financial | Debenture | 1.73% |
HDB Financial Services Ltd. | Financial | NCD | 1.65% |
REC Ltd. | Financial | Debenture | 1.44% |
Hero FinCorp Ltd. | Financial | Debenture | 1.44% |
Reserve Bank of India | Financial | T-Bills | 1.44% |
Export-Import Bank Of India | Financial | Bonds | 1.44% |
LIC Housing Finance Ltd. | Financial | Debenture | 1.43% |
Export-Import Bank Of India | Financial | CD | 1.43% |
Punjab National Bank | Financial | CD | 1.42% |
Reserve Bank of India | Financial | T-Bills | 1.42% |
Reserve Bank of India | Financial | T-Bills | 1.42% |
Punjab National Bank | Financial | CD | 1.42% |
ICICI Bank Ltd. | Financial | CD | 1.42% |
Axis Bank Ltd. | Financial | CD | 1.42% |
Punjab National Bank | Financial | CD | 1.41% |
Punjab National Bank | Financial | CD | 1.41% |
Sundaram Finance Ltd. | Financial | CP | 1.40% |
Bank Of Baroda | Financial | CD | 1.39% |
Bank Of Baroda | Financial | CD | 1.39% |
Small Industries Devp. Bank of India Ltd. | Financial | CP | 1.38% |
Punjab National Bank | Financial | CD | 1.38% |
Kotak Mahindra Bank Ltd. | Financial | CD | 1.37% |
Axis Bank Ltd. | Financial | CD | 1.35% |
LIC Housing Finance Ltd. | Financial | Debenture | 1.27% |
Bharti Telecom Ltd. | Communication | Debenture | 1.16% |
Angel One Ltd. | Financial | CP | 1.15% |
Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.13% |
Small Industries Devp. Bank of India Ltd. | Financial | CP | 1.13% |
Motilal Oswal Financial Services Ltd. | Financial | CP | 1.13% |
Kotak Mahindra Bank Ltd. | Financial | CD | 1.12% |
Axis Bank Ltd. | Financial | CD | 1.11% |
Canara Bank | Financial | CD | 1.07% |
Power Finance Corporation Ltd. | Financial | Debenture | 0.98% |
Embassy Office Parks REIT | Construction | Debenture | 0.86% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.86% |
Export-Import Bank Of India | Financial | Debenture | 0.85% |
Shriram Finance Ltd | Financial | CP | 0.85% |
Cholamandalam Investment and Finance Company Ltd. | Financial | CP | 0.85% |
Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.79% |
Reserve Bank of India | Financial | T-Bills | 0.57% |
REC Ltd. | Financial | Debenture | 0.57% |
Power Finance Corporation Ltd. | Financial | Debenture | 0.54% |
Jharkhand State | Others | SDL | 0.29% |
Kerala State | Others | SDL | 0.29% |
West Bengal State | Others | SDL | 0.29% |
Bharti Telecom Ltd. | Communication | Debenture | 0.29% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.29% |
Muthoot Finance Ltd. | Financial | Debenture | 0.29% |
Reserve Bank of India | Financial | T-Bills | 0.28% |
ICICI Securities Ltd. | Financial | CP | 0.28% |
Shriram Finance Ltd | Financial | Debenture | 0.14% |
Indian Bank | Financial | CD | 0.06% |
See All
Expense ratio, exit load and tax
Expense ratio: 0.22%
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
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