Mirae Asset Ultra Short Duration Fund Direct IDCW

Debt
Ultra Short Duration
Low to Moderate Risk
Payout
0.58%
1M return
+0.02% 1D
1M
6M
1Y
All
NAV: 08 Dec 2022₹1,092.79
Min. SIP amountNot Supported
Rating4
Fund size₹264.05Cr

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
Absolute returns
3M6M1YAll
Fund returns1.4%2.8%4.6%9.3%
Category averageNANA4.1%NA
Rank with in category141810NA
Understand terms

Holdings (26)

NameSectorInstrumentAssets
Indian Bank
FinancialCD6.0%
Axis Bank Ltd.
FinancialCD5.9%
ICICI Bank Ltd.
FinancialCD5.8%
Indian Railway Finance Corporation Ltd.FinancialDebenture4.1%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture4.0%
Reserve Bank of India
FinancialT-Bills4.0%
Angel One Ltd.
FinancialCP4.0%
Reserve Bank of India
FinancialT-Bills4.0%
HDFC Bank Ltd.
FinancialCD4.0%
Larsen & Toubro Ltd.ConstructionCP4.0%
See All

Expense ratio, exit load and tax

Expense ratio: 0.29%

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, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Mahendra Kumar Jajoo
Sep 2020 - Present
View details

Education
Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
Experience
Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.
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
26 Apr 2019
Website
NA
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,

Compare funds

Mirae Asset Ultra Short Duration Fund Direct IDCW
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 3.5.6
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI