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Mirae Asset Ultra Short Duration Fund IDCW
+7.20%
3Y annualised
+0.06% 1D
NAV: 13 Apr '26
₹1,372.20
Min. for SIP
₹99
Fund size (AUM)
₹1,640.39 Cr
Expense ratio
0.44%
Rating
5
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 6 months | ₹30,000 | ₹30,400 | +1.33% | |
| 1 year | ₹60,000 | ₹61,718 | +2.86% | |
| 3 years | ₹1,80,000 | ₹1,99,163 | +10.65% | |
| 5 years | ₹3,00,000 | ₹3,54,589 | +18.20% |
Holdings (45)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Union Bank of India | Financial | CD | 6.03% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 5.12% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 4.52% |
| Canara Bank | Financial | CD | 4.51% |
| Bank Of Baroda | Financial | CD | 4.51% |
| Union Bank of India | Financial | CD | 4.49% |
| National Bank For Agriculture & Rural Development | Financial | CD | 3.44% |
| Axis Bank Ltd. | Financial | CD | 3.00% |
| Angel One Ltd. | Financial | CP | 3.00% |
| Canara Bank | Financial | CD | 3.00% |
| Muthoot Finance Ltd. | Financial | CP | 2.95% |
| HDFC Bank Ltd. | Financial | CD | 2.90% |
| Tata Capital Housing Finance Ltd. | Financial | CP | 2.87% |
| HDFC Bank Ltd. | Financial | CD | 2.86% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 2.70% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 2.29% |
| HDFC Bank Ltd. | Financial | Debenture | 1.53% |
| Indian Railway Finance Corporation Ltd. | Financial | Bonds | 1.52% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 1.52% |
| Embassy Office Parks REIT | Construction | NCD | 1.52% |
| Shriram Pistons & Rings Ltd | Automobile | Debenture | 1.51% |
| Torrent Pharmaceuticals Ltd. | Healthcare | NCD | 1.51% |
| IDBI Bank Ltd. | Financial | CD | 1.50% |
| Bank Of Baroda | Financial | CD | 1.50% |
| Embassy Office Parks REIT | Construction | CP | 1.50% |
| HDFC Bank Ltd. | Financial | CD | 1.46% |
| Export-Import Bank Of India | Financial | CD | 1.46% |
| Indian Bank | Financial | CD | 1.44% |
| HDFC Bank Ltd. | Financial | CD | 1.44% |
| ICICI Bank Ltd. | Financial | CD | 1.43% |
| Bank Of Baroda | Financial | CD | 1.43% |
| National Bank For Agriculture & Rural Development | Financial | CD | 1.43% |
| National Bank For Agriculture & Rural Development | Financial | CD | 1.42% |
| National Bank For Agriculture & Rural Development | Financial | CD | 1.42% |
| Kotak Mahindra Prime Ltd. | Financial | Debenture | 1.22% |
| Small Industries Devp. Bank of India Ltd. | Financial | NCD | 1.22% |
| Kotak Mahindra Prime Ltd. | Financial | NCD | 0.92% |
| Indostar Capital Finance Ltd. | Financial | Debenture | 0.61% |
| Indostar Capital Finance Ltd. | Financial | Debenture | 0.61% |
| Piramal Finance Pvt. Ltd. | Financial | Bonds/NCD | 0.61% |
| Bank Of Baroda | Financial | CD | 0.60% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 0.58% |
| Kerala State | Others | SDL | 0.31% |
| Birla Group Holdings Pvt. Ltd. | Financial | CP | 0.30% |
| NTPC Ltd. | Energy | NCD | 0.03% |
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 | +6.5% | +7.2% | +6.2% | +5.9% |
| Category average (Debt Ultra Short Duration) | +6.7% | +6.8% | +5.7% | -- |
| Rank (Debt Ultra Short Duration) | 4 | 2 | 5 | -- |
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) | |
|---|---|---|---|---|
SBI Ultra Short Duration Fund IDCW Weekly | +6.38% | +7.02% | 11,847.06 | |
SBI Ultra Short Duration Fund IDCW Daily | +6.38% | +7.02% | 11,847.06 | |
PGIM India Ultra Short Duration Bonus | +5.71% | +6.45% | 161.01 | |
PGIM India Ultra Short Duration Monthly Bonus | +5.71% | +6.45% | 161.01 | |
PGIM India Ultra Short Duration Annual Bonus | +5.71% | +6.45% | 161.01 | |
| Compare | ||||
Fund management
BBBasant BafnaJan 2023 - PresentView details
BB
Basant Bafna
Jan 2023 - Present
View details
About Mirae Asset Ultra Short Duration Fund IDCW
Mirae Asset Ultra Short Duration Fund IDCW 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 IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹2,00,688 Cr and the Latest NAV as of 13 Apr 2026 is ₹1,372.20.
The Mirae Asset Ultra Short Duration Fund IDCW 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₹2,00,687.68 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,