1M
6M
1Y
3Y
All
| NAV: 25 Apr 2025 | ₹1,305.47 |
| Min. SIP amount | ₹99 |
| Rating | 4 |
| Fund size | ₹1,414.66Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
6 months
1 year
3 years
Total investment of ₹19,782
Would have become ₹20,139 (+1.61%)
Holdings (43)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Ltd. | Financial | CD | 8.17% |
Power Finance Corporation Ltd. | Financial | Debenture | 5.69% |
Canara Bank | Financial | CD | 5.26% |
HDFC Bank Ltd. | Financial | NCD | 5.22% |
HDFC Bank Ltd. | Financial | CD | 4.52% |
Canara Bank | Financial | CD | 3.50% |
Indian Bank | Financial | CD | 3.50% |
Punjab National Bank | Financial | CD | 3.50% |
Power Finance Corporation Ltd. | Financial | NCD | 3.49% |
National Bank For Agriculture & Rural Development | Financial | CD | 3.48% |
LIC Housing Finance Ltd. | Financial | Debenture | 3.18% |
LIC Housing Finance Ltd. | Financial | Debenture | 3.17% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.48% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 2.13% |
Canara Bank | Financial | CD | 2.10% |
Hero FinCorp Ltd. | Financial | Debenture | 1.77% |
HDB Financial Services Ltd. | Financial | NCD | 1.77% |
Sundaram Finance Ltd. | Financial | CP | 1.76% |
Reserve Bank of India | Financial | T-Bills | 1.76% |
Reserve Bank of India | Financial | T-Bills | 1.75% |
Small Industries Devp. Bank of India Ltd. | Financial | CP | 1.74% |
LIC Housing Finance Ltd. | Financial | Debenture | 1.74% |
Kotak Mahindra Bank Ltd. | Financial | CD | 1.73% |
Credila Financial Services Ltd. | Financial | CP | 1.68% |
National Bank For Agriculture & Rural Development | Financial | CD | 1.66% |
Motilal Oswal Financial Services Ltd. | Financial | CP | 1.65% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 1.57% |
IIFL Finance Ltd. | Financial | NCD | 1.42% |
REC Ltd. | Financial | Debenture | 1.42% |
Muthoot Finance Ltd. | Financial | Debenture | 1.41% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 1.41% |
Kotak Mahindra Bank Ltd. | Financial | CD | 1.40% |
Power Finance Corporation Ltd. | Financial | NCD | 1.06% |
Embassy Office Parks REIT | Construction | Debenture | 1.06% |
ONGC Petro Additions Ltd. | Energy | NCD | 1.06% |
Export-Import Bank Of India | Financial | Debenture | 1.06% |
Reserve Bank of India | Financial | T-Bills | 1.05% |
Indostar Capital Finance Ltd. | Financial | Debenture | 0.85% |
Indostar Capital Finance Ltd. | Financial | Debenture | 0.85% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.57% |
National Bank For Agriculture & Rural Development | Financial | FRB | 0.35% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.28% |
Shriram Finance Ltd | Financial | Debenture | 0.18% |
See All
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹99 |
Returns and rankings
Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
| 6M | 1Y | 3Y | All | |
|---|---|---|---|---|
| Fund returns | NA | 8.1% | 7.2% | 6.0% |
| Category average | NA | 7.3% | 6.5% | NA |
| Rank with in category | NA | 4 | 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 | 8.1% | 7.4% | 6,497.63 |
Axis Ultra Short Duration Fund Direct Growth | 4 | 8.0% | 7.3% | 4,800.70 |
ICICI Prudential Ultra Short Term Fund Direct Growth | 4 | 8.0% | 7.2% | 12,673.77 |
Sundaram Ultra Short Duration Fund Direct Growth | 5 | 7.9% | 7.2% | 1,723.33 |
UTI Ultra Short Duration Fund Direct Growth | 4 | 7.9% | 7.1% | 3,142.90 |
Expense ratio, exit load and tax
Expense ratio: 0.17%
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
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
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Website
www.karvymfs.comCompare funds
Mirae Asset Ultra Short Duration Fund Direct Growth
VS
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Vaishnavi Tech Park, South Tower, 3rd Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
Karnataka
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