Fund Details
Mirae Asset Ultra Short Duration Fund Direct Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | N.A |
| Expense Ratio | 0.30% |
| NAV | ₹1021.83 (10 May 2021) |
|---|---|
| Fund Started | 08 Oct 2020 |
| Fund Size | ₹259 Cr |
Comparison
Found nothing so far.
Found nothing so far.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bank Of Baroda | Financial | CD | 7.8% |
| Export-Import Bank Of India | Financial | CD | 7.8% |
| National Bank For Agriculture & Rural Development | Financial | CP | 7.8% |
| Power Grid Corporation of India Ltd. | Energy | Bonds | 6.1% |
| GOI | Sovereign | CGL | 6.0% |
| National Highways Authority of India Ltd. | Services | NCD | 4.0% |
| Ultratech Cement Ltd. | Construction | Debenture | 4.0% |
| Muthoot Finance Ltd. | Financial | Bonds/NCD | 4.0% |
| HDFC Securities Ltd. | Financial | CP | 3.9% |
| Larsen & Toubro Ltd. | Construction | CP | 3.9% |
Fund Managers
Mirae Asset Ultra Short Duration Fund Direct Growth Details
Mirae Asset Ultra Short Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 08 Oct 2020. Mahendra Kumar Jajoo is the Current Fund Manager of Mirae Asset Ultra Short Duration Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹259 Cr and the Latest NAV as of 10 May 2021 is ₹1021.83.
The Mirae Asset Ultra Short Duration Fund Direct Growth is rated Low to Moderate risk. Minimum Lumpsum Investment is 5000.
Investment Objective
The scheme seeks to generate regular income and provide liquidity by investing primarily in a portfolio comprising of debt & money market instruments.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
