1M
6M
1Y
3Y
All
| NAV: 14 Nov 2024 | ₹1,259.84 |
| 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% | 6.5% | 5.8% |
| Category average | NA | 7.1% | 5.8% | 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 Growth | 5 | 8.0% | 6.9% | 7,256.63 |
Axis Ultra Short Duration Fund Direct Growth | 4 | 7.9% | 6.7% | 5,201.51 |
ICICI Prudential Ultra Short Term Fund Direct Growth | 4 | 7.8% | 6.6% | 13,757.04 |
Tata Ultra Short Term Fund Direct Growth | 4 | 7.8% | 6.6% | 2,620.23 |
Mahindra Manulife Ultra Short Duration Fund Direct Growth | 4 | 7.7% | 6.5% | 235.61 |
Holdings (59)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 3.94% |
Axis Bank Ltd. | Financial | CD | 3.88% |
Canara Bank | Financial | CD | 3.88% |
National Bank For Agriculture & Rural Development | Financial | NCD | 3.59% |
REC Ltd. | Financial | Debenture | 3.57% |
Reserve Bank of India | Financial | T-Bills | 3.53% |
ONGC Petro Additions Ltd. | Energy | NCD | 3.17% |
Reserve Bank of India | Financial | T-Bills | 3.14% |
National Bank For Agriculture & Rural Development | Financial | CD | 3.00% |
Reserve Bank of India | Financial | T-Bills | 2.50% |
HDFC Bank Ltd. | Financial | Debenture | 2.37% |
Motilal Oswal Finevest Ltd. | Financial | Debenture | 1.98% |
LIC Housing Finance Ltd. | Financial | NCD | 1.97% |
Reserve Bank of India | Financial | T-Bills | 1.96% |
HDFC Bank Ltd. | Financial | CD | 1.95% |
LIC Housing Finance Ltd. | Financial | CP | 1.94% |
Export-Import Bank Of India | Financial | CD | 1.94% |
Punjab National Bank | Financial | CD | 1.93% |
Export-Import Bank Of India | Financial | CP | 1.93% |
National Bank For Agriculture & Rural Development | Financial | CD | 1.92% |
HDFC Bank Ltd. | Financial | CD | 1.92% |
Punjab National Bank | Financial | CD | 1.91% |
Small Industries Devp. Bank of India Ltd. | Financial | CP | 1.88% |
Punjab National Bank | Financial | CD | 1.87% |
Kotak Mahindra Bank Ltd. | Financial | CD | 1.87% |
ICICI Bank Ltd. | Financial | CD | 1.87% |
LIC Housing Finance Ltd. | Financial | Debenture | 1.75% |
Angel One Ltd. | Financial | CP | 1.56% |
Small Industries Devp. Bank of India Ltd. | Financial | CD | 1.55% |
Cholamandalam Investment and Finance Company Ltd. | Financial | CP | 1.55% |
Small Industries Devp. Bank of India Ltd. | Financial | CP | 1.54% |
Motilal Oswal Financial Services Ltd. | Financial | CP | 1.53% |
Kotak Mahindra Bank Ltd. | Financial | CD | 1.52% |
Axis Bank Ltd. | Financial | CD | 1.51% |
HDB Financial Services Ltd. | Financial | NCD | 1.48% |
Canara Bank | Financial | CD | 1.46% |
Bharti Telecom Ltd. | Communication | Debenture | 1.43% |
REC Ltd. | Financial | Debenture | 1.34% |
Hero FinCorp Ltd. | Financial | Debenture | 1.19% |
Kotak Mahindra Prime Ltd. | Financial | Debenture | 1.18% |
HDFC Bank Ltd. | Financial | CD | 1.16% |
Shriram Finance Ltd | Financial | CP | 1.15% |
ICICI Securities Ltd. | Financial | CP | 1.15% |
Birla Group Holdings Pvt. Ltd. | Financial | CP | 1.08% |
LIC Housing Finance Ltd. | Financial | Debenture | 0.79% |
Embassy Office Parks REIT | Construction | Debenture | 0.79% |
HDFC Bank Ltd. | Financial | NCD | 0.79% |
Indostar Capital Finance Ltd. | Financial | CP | 0.79% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.79% |
Kerala State | Others | SDL | 0.40% |
Jharkhand State | Others | SDL | 0.40% |
West Bengal State | Others | SDL | 0.40% |
Bharti Telecom Ltd. | Communication | Debenture | 0.40% |
HDFC Bank Ltd. | Financial | Debenture | 0.40% |
National Bank For Agriculture & Rural Development | Financial | Bonds | 0.39% |
Muthoot Finance Ltd. | Financial | Debenture | 0.39% |
ICICI Securities Ltd. | Financial | CP | 0.38% |
Shriram Finance Ltd | Financial | Debenture | 0.28% |
Indian Bank | Financial | CD | 0.08% |
See All
Expense ratio, exit load and tax
Expense ratio: 0.21%
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
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