1M
6M
1Y
3Y
All
| NAV: 21 Jan 2025 | ₹1,264.21 |
| Min. SIP amount | Not Supported |
| Rating | 5 |
| Fund size | ₹1,616.27Cr |
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 | 7.6% | 6.5% | 5.6% |
| Category average | NA | 7.0% | 6.1% | NA |
| Rank with in category | NA | 2 | 3 | NA |
Understand terms
Peer Comparison
| Debt, Ultra Short Duration funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Aditya Birla Sun Life Savings Regular Growth | 4 | 7.8% | 6.6% | 16,348.76 |
Mirae Asset Ultra Short Duration Fund Regular Growth | 5 | 7.6% | 6.5% | 1,616.27 |
ICICI Prudential Ultra Short Term Fund Growth | 5 | 7.4% | 6.3% | 13,501.68 |
IDBI Ultra Short Term Fund Growth | 4 | 6.4% | 4.8% | 146.42 |
PGIM India Ultra Short Duration Regular Plan Growth | 5 | NA | NA | 510.34 |
Holdings (60)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reserve Bank of India | Financial | T-Bills | 7.63% |
Power Finance Corporation Ltd. | Financial | Debenture | 6.17% |
Union Bank of India | Financial | CD | 6.09% |
LIC Housing Finance Ltd. | Financial | NCD | 3.09% |
HDB Financial Services Ltd. | Financial | Debenture | 3.09% |
LIC Housing Finance Ltd. | Financial | Debenture | 3.08% |
Embassy Office Parks REIT | Construction | CP | 3.07% |
Punjab National Bank | Financial | CD | 3.04% |
Canara Bank | Financial | CD | 3.00% |
HDFC Bank Ltd. | Financial | Debenture | 2.66% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 2.16% |
REC Ltd. | Financial | Debenture | 2.13% |
Power Finance Corporation Ltd. | Financial | Debenture | 2.12% |
National Bank For Agriculture & Rural Development | Financial | NCD | 1.97% |
Bajaj Finance Ltd. | Financial | Debenture | 1.73% |
Mahindra & Mahindra Financial Services Ltd. | Financial | Debenture | 1.55% |
Hero FinCorp Ltd. | Financial | Debenture | 1.55% |
Export-Import Bank Of India | Financial | Bonds | 1.54% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 1.54% |
Punjab National Bank | Financial | CD | 1.54% |
LIC Housing Finance Ltd. | Financial | Debenture | 1.53% |
Reserve Bank of India | Financial | T-Bills | 1.53% |
Punjab National Bank | Financial | CD | 1.53% |
Reserve Bank of India | Financial | T-Bills | 1.53% |
ICICI Bank Ltd. | Financial | CD | 1.53% |
Axis Bank Ltd. | Financial | CD | 1.53% |
Axis Bank Ltd. | Financial | CD | 1.53% |
Punjab National Bank | Financial | CD | 1.53% |
Canara Bank | Financial | CD | 1.53% |
Punjab National Bank | Financial | CD | 1.52% |
LIC Housing Finance Ltd. | Financial | Debenture | 1.51% |
Sundaram Finance Ltd. | Financial | CP | 1.51% |
Bank Of Baroda | Financial | CD | 1.50% |
Small Industries Devp. Bank of India Ltd. | Financial | CP | 1.49% |
Kotak Mahindra Bank Ltd. | Financial | CD | 1.48% |
Axis Bank Ltd. | Financial | CD | 1.46% |
Credila Financial Services Ltd. | Financial | CP | 1.43% |
REC Ltd. | Financial | Debenture | 1.36% |
Reserve Bank of India | Financial | T-Bills | 1.36% |
IIFL Finance Ltd. | Financial | NCD | 1.23% |
Motilal Oswal Financial Services Ltd. | Financial | CP | 1.22% |
HDFC Bank Ltd. | Financial | NCD | 1.21% |
Kotak Mahindra Bank Ltd. | Financial | CD | 1.21% |
Axis Bank Ltd. | Financial | CD | 1.20% |
Canara Bank | Financial | CD | 1.16% |
ONGC Petro Additions Ltd. | Energy | NCD | 0.93% |
Embassy Office Parks REIT | Construction | Debenture | 0.93% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.92% |
Shriram Finance Ltd | Financial | CP | 0.92% |
Export-Import Bank Of India | Financial | Debenture | 0.92% |
Cholamandalam Investment and Finance Company Ltd. | Financial | CP | 0.92% |
Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.86% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.49% |
Kerala State | Others | SDL | 0.31% |
Jharkhand State | Others | SDL | 0.31% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.31% |
Muthoot Finance Ltd. | Financial | Debenture | 0.31% |
Reserve Bank of India | Financial | T-Bills | 0.31% |
HDB Financial Services Ltd. | Financial | NCD | 0.25% |
Shriram Finance Ltd | Financial | Debenture | 0.16% |
See All
Expense ratio, exit load and tax
Expense ratio: 0.45%
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 | Not Supported |
| Min. for 2nd investment onwards | Not Supported |
| Min. for SIP | Not Supported |
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
www.karvymfs.comCompare funds
Mirae Asset Ultra Short Duration Fund Regular Growth
VS
Add mutual fund to compare
MOST POPULAR ON GROWWVERSION - 5.6.7
STOCK MARKET INDICES: S&P BSE SENSEX | S&P BSE 100 | NIFTY 100 | NIFTY 50 | NIFTY MIDCAP 100 | NIFTY BANK | NIFTY NEXT 50
POPULAR MUTUAL FUNDS: QUANT SMALL CAP FUND | ICICI PRUDENTIAL COMMODITIES FUND | NIPPON INDIA SMALL CAP FUND | PARAG PARIKH FLEXI CAP FUND | GROWW NIFTY TOTAL MARKET INDEX FUND | SBI SMALL MIDCAP FUND | TATA DIGITAL INDIA FUND | AXIS SMALL CAP FUND | ICICI PRUDENTIAL TECHNOLOGY FUND | HDFC INDEX FUND SENSEX PLAN | HDFC SMALL CAP FUND | AXIS EQUITY FUND | CANARA ROBECO SMALL CAP FUND | TATA SMALL CAP FUND | UTI NIFTY FUND
MUTUAL FUNDS COMPANIES: GROWWMF | SBI | AXIS | HDFC | UTI | NIPPON INDIA | ICICI PRUDENTIAL | TATA | KOTAK | DSP | CANARA ROBECO | SUNDARAM | MIRAE ASSET | IDFC | FRANKLIN TEMPLETON | PPFAS | MOTILAL OSWAL | INVESCO | EDELWEISS | ADITYA BIRLA SUN LIFE | LIC | HSBC | NAVI | QUANTUM | UNION | ITI | MAHINDRA MANULIFE | 360 ONE | BOI | TAURUS | JM FINANCIAL | PGIM | SHRIRAM | BARODA BNP PARIBAS | QUANT | WHITEOAK CAPITAL | TRUST | SAMCO | NJ