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Mirae Asset Ultra Short Duration Fund Direct Growth
Debt
Ultra Short Duration
Low to Moderate Risk
+7.50%
3Y annualised
+0.02% 1D
NAV: 26 Feb '26
₹1,377.33
Min. for SIP
₹99
Fund size
₹1,851.72 Cr
Expense ratio
0.14%
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 6 months | ₹30,000 | ₹30,378 | +1.26% | |
| 1 year | ₹60,000 | ₹61,845 | +3.08% | |
| 3 years | ₹1,80,000 | ₹2,00,357 | +11.31% | |
| 5 years | ₹3,00,000 | ₹3,56,473 | +18.82% |
Holdings (45)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 5.38% |
| Indian Bank | Financial | CD | 5.31% |
| Union Bank of India | Financial | CD | 5.29% |
| Bajaj Housing Finance Ltd. | Financial | Bonds/NCD | 4.05% |
| Reserve Bank of India | Financial | T-Bills | 4.02% |
| Axis Bank Ltd. Warrant | Financial | CD | 3.98% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 3.97% |
| Export-Import Bank Of India | Financial | CP | 3.96% |
| Union Bank of India | Financial | CD | 3.94% |
| Axis Bank Ltd. | Financial | CD | 3.16% |
| Axis Bank Ltd. | Financial | CD | 2.90% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Debenture | 2.70% |
| Torrent Pharmaceuticals Ltd. | Healthcare | NCD | 2.70% |
| Indian Railway Finance Corporation Ltd. | Financial | Debenture | 2.70% |
| Reserve Bank of India | Financial | T-Bills | 2.69% |
| 360 ONE Wealth Ltd. | Financial | CP | 2.67% |
| Bank Of Baroda | Financial | CD | 2.65% |
| Bank Of Baroda | Financial | CD | 2.64% |
| Canara Bank | Financial | CD | 2.64% |
| Muthoot Finance Ltd. | Financial | CP | 2.58% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 1.85% |
| HDFC Bank Ltd. | Financial | Debenture | 1.36% |
| Indian Railway Finance Corporation Ltd. | Financial | Bonds | 1.35% |
| Embassy Office Parks REIT | Construction | NCD | 1.35% |
| Angel One Ltd. | Financial | CP | 1.34% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 1.34% |
| Angel One Ltd. | Financial | CP | 1.34% |
| Bank Of Baroda | Financial | CD | 1.32% |
| HDFC Bank Ltd. | Financial | CD | 1.32% |
| Canara Bank | Financial | CD | 1.32% |
| IDBI Bank Ltd. | Financial | CD | 1.32% |
| Embassy Office Parks REIT | Construction | CP | 1.31% |
| HDFC Bank Ltd. | Financial | CD | 1.28% |
| Export-Import Bank Of India | Financial | CD | 1.28% |
| Indian Bank | Financial | CD | 1.27% |
| Kotak Mahindra Prime Ltd. | Financial | Debenture | 1.08% |
| Small Industries Devp. Bank of India Ltd. | Financial | NCD | 1.08% |
| Kotak Mahindra Prime Ltd. | Financial | NCD | 0.82% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.67% |
| Indostar Capital Finance Ltd. | Financial | Debenture | 0.54% |
| Indostar Capital Finance Ltd. | Financial | Debenture | 0.54% |
| Piramal Finance Pvt. Ltd. | Financial | Bonds/NCD | 0.54% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.51% |
| Kerala State | Others | SDL | 0.28% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.26% |
See All
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹99
Returns and rankings
Annualised returns
Absolute returns
| Name | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | +7.1% | +7.5% | +6.3% | +6.1% |
| Category average (Debt Ultra Short Duration) | +6.7% | +6.8% | +5.7% | -- |
| Rank (Debt Ultra Short Duration) | 9 | 6 | 7 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed as per your Income Tax slab.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Tata Ultra Short Term Fund Direct Growth | +7.22% | +7.54% | 4,549.39 | |
Mirae Asset Ultra Short Duration Fund Direct Growth | +7.12% | +7.50% | 1,851.72 | |
UTI Ultra Short Duration Fund Direct Growth | +7.09% | +7.44% | 3,879.04 | |
Invesco India Ultra Short Duration Fund Direct Growth | +7.07% | +7.42% | 1,314.75 | |
PGIM India Ultra Short Duration Direct Growth | +6.75% | +7.20% | 178.78 | |
| Compare | ||||
Fund management
BBBasant BafnaJan 2023 - PresentView details
BB
Basant Bafna
Jan 2023 - Present
View details
About Mirae Asset Ultra Short Duration Fund Direct Growth
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 30 Nov 2007. Basant Bafna 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 ₹2,21,014 Cr and the Latest NAV as of 26 Feb 2026 is ₹1,377.33.
The Mirae Asset Ultra Short Duration Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000.
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Investment Objective
The scheme seeks to generate regular income and provide liquidity by investing primarily in a portfolio comprising of debt & money market instruments.
Fund benchmarkNIFTY Ultra Short Duration Debt Index A-I
Fund house
Rank (total assets)#13 in India
Total AUM₹2,21,013.51 Cr
Date of Incorporation30 Nov 2007
Launch Date30 Nov 2007
AddressUnit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,