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Mirae Asset Ultra Short to Short Term Fund Direct Growth
+7.38%
3Y annualised
-0.01% 1D
NAV: 13 Nov '26
₹2,677.31
Min. for SIP
₹99
Fund size (AUM)
₹2,285.63 Cr
Expense ratio
0.21%
Rating
4
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹61,730 | +2.88% | |
| 3 years | ₹1,80,000 | ₹1,98,923 | +10.51% | |
| 5 years | ₹3,00,000 | ₹3,56,845 | +18.95% | |
| 10 years | ₹6,00,000 | ₹8,36,520 | +39.42% |
Holdings (75)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| GOVERNMENT OF INDIA 37862 182 DAYS TBILL 26FB27 FV RS 100 | Financial | Treasury Bills | 4.72% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 11JUN27 | Financial | Certificate of Deposit | 4.13% |
| BHARTI TELECOM LIMITED SR XXVII 7.30 NCD 01DC27 FVRS1LAC | Technology | Debenture | 3.53% |
| TATA CAPITAL HOUSING FINANCE LIMITED SR C 7.86 NCD 21SP29 FVRS1LAC | Financial | Debenture | 3.44% |
| KNOWLEDGE REALTY TRUST 7.5378 NCD 08MY29 FVRS1LAC | Real Estate | Non Convertible Debenture | 3.35% |
| REC LIMITED SR 232 A 7.59 BD 31MY27 FVRS1LAC | Financial | Debenture | 3.27% |
| REC LIMITED SR 231A 7.64 BD 30AP27 FVRS1LAC | Financial | Non Convertible Debenture | 3.05% |
| POONAWALLA FINCORP LIMITED SR B2 7.60 NCD 28MY27 FVRS1LAC | Financial | Debenture | 3.04% |
| Net Receivables | Unspecified | Net Receivables | 3.00% |
| POWER FINANCE CORPORATION LTD. SR-177 7.85 BD 03AP28 FVRS10LAC | Financial | Debenture | 2.18% |
| GOVERNMENT OF INDIA 36790 364 DAYS TBILL 03DC26 FV RS 100 | Financial | Treasury Bills | 2.18% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25E 7.53 BD 24MR28 FVRS1LAC | Financial | Bonds | 2.16% |
| TATA CAPITAL HOUSING FINANCE LIMITED 365D CP 03FEB27 | Financial | Commercial Paper | 2.14% |
| HDFC BANK LIMITED CD 05MAR27 | Financial | Certificate of Deposit | 2.13% |
| CANARA BANK CD 28JUN27 | Financial | Certificate of Deposit | 2.08% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 20AUG27 | Financial | Certificate of Deposit | 2.05% |
| MANAPPURAM FINANCE LIMITED 8.60 NCD 24MR28 FVRS1LAC | Financial | Debenture | 1.96% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC | Financial | Bonds | 1.90% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IV 7.79 BD 19AP27 FVRS1LAC | Financial | Bonds | 1.75% |
| CANARA BANK CD 12MAR27 | Financial | Certificate of Deposit | 1.66% |
| GOVERNMENT OF INDIA 37449 182 DAYS TBILL 19NV26 FV RS 100 | Financial | Treasury Bills | 1.53% |
| ADITYA BIRLA RENEWABLES LIMITED 8.6 NCD 24SP27 FVRS1LAC | Energy & Utilities | Bonds/NCDs | 1.53% |
| REC Limited (19/03/2027) | Financial | Commercial Paper | 1.49% |
| STATE DEVELOPMENT LOAN 22323 GUJ 23OT27 7.19 FV RS 100 | Industrials | State Development Loan | 1.09% |
| BAJAJ HOUSING FINANCE LIMITED 8.04 NCD 18JN27 FVRS1LAC | Financial | Debenture | 1.09% |
| Power Finance Corporation Ltd Bonds/Deb 7.60 20/02/2027 | Financial | Bonds/Debentures | 1.09% |
| MOTILAL OSWAL FINVEST LIMITED SR 1 8.80 BD 10SP27 FVRS1LAC | Financial | Bonds | 1.09% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR VI 7.79 BD 14MY27 FVRS1LAC | Financial | Debenture | 1.09% |
| SK FINANCE LIMITED 9.25 NCD 24OT27 FVRS1LAC | Financial | Non Convertible Debenture | 1.09% |
| GOVERNMENT OF INDIA 36839 364 DAYS TBILL 17DC26 FV RS 100 | Financial | Treasury Bills | 1.09% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23I 7.62 LOA 31JN28 FVRS1LAC | Financial | Debenture | 1.08% |
| SHRIRAM PISTONS & RINGS LIMITED SR I 7.30 NCD 23AG27 FVRS1LAC | Consumer Discretionary | Debenture | 1.08% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25C 7.44 BD 24FB28 FVRS1LAC | Financial | Bonds | 1.08% |
| EXPORT IMPORT BANK OF INDIA SR AA02 7.35 BD 27JL28 FVRS1LAC | Financial | Bonds | 1.08% |
| BHARTI TELECOM LIMITED SR XXV 7.35 NCD 15OT27 FVRS1LAC | Technology | Debenture | 1.08% |
| SK FINANCE LIMITED 9.25 NCD 16JL29 FVRS1LAC | Financial | Debenture | 1.08% |
| SHRIRAM PISTONS & RINGS LIMITED SR II 7.35 NCD 23FB28 FVRS1LAC | Consumer Discretionary | Debenture | 1.08% |
| SK FINANCE LIMITED 9.1 NCD 10AG29 FVRS1LAC | Financial | Debenture | 1.08% |
| REC LIMITED SR 234-B 7.58 BD 31MY29 FVRS1LAC | Financial | Debenture | 1.08% |
| GOVERNMENT OF INDIA 37831 182 DAYS TBILL 11FB27 FV RS 100 | Financial | Treasury Bills | 1.08% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 02MAR27 | Financial | Certificate of Deposit | 1.07% |
| AXIS BANK LIMITED CD 05MAR27 | Financial | Certificate of Deposit | 1.07% |
| 7.47% Reliance Industries Ltd. (MD 16/09/2031)** | Energy & Utilities | Debenture | 1.07% |
| HDFC BANK LIMITED CD 12MAR27 | Financial | Certificate of Deposit | 1.06% |
| LARSEN AND TOUBRO LIMITED 7.725 NCD 28AP28 FVRS1LAC | Industrials | Bonds/NCDs | 1.04% |
| TATA CAPITAL HOUSING FINANCE LIMITED SR E 7.30 NCD 11FB28 FVRS1LAC | Financial | Non Convertible Debenture | 1.03% |
| ICICI BANK LIMITED CD 12FEB27 | Financial | Certificate of Deposit | 1.03% |
| BAJAJ FINANCE LIMITED 7.70 NCD 20SP29 FVRS1LAC | Financial | Non Convertible Debenture | 1.02% |
| ** - SMALL INDUST DEVLOP BANK OF INDIA - CD - 27/10/2027 | Financial | Certificate of Deposit | 1.01% |
| KOTAK MAHINDRA BANK LIMITED CD 12FEB27 | Financial | Certificate of Deposit | 0.94% |
| INDOSTAR CAPITAL FINANCE LIMITED SR XXVI TR I 9.40 NCD 18JU27 FVRS1LAC | Financial | Debenture | 0.87% |
| CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR 665 RR NCD 27FB29 FVRS1LAC | Financial | Debenture | 0.87% |
| TATA CAPITAL LIMITED SR B RR NCD 21FB29 FVRS1LAC | Financial | Non Convertible Debenture | 0.87% |
| REC LIMITED SR 236-B 7.56 BD 31AG27 FVRS1LAC | Financial | Debenture | 0.83% |
| Power Finance Corporation Ltd SR-164 Bonds 7.75 22/03/2027 | Financial | Bonds | 0.74% |
| STATE DEVELOPMENT LOAN 21110 KER 19DC28 8.19 FV RS 100 | Unspecified | State Development Loan | 0.66% |
| GODREJ INDUSTRIES LIMITED SR 1 8.42 NCD 27DC27 FVRS1LAC | Diversified | Debenture | 0.65% |
| LIC HOUSING FINANCE LIMITED TR- 359 7.95 LOA 29JN28 FVRS10LAC | Financial | Debenture | 0.65% |
| 182 Days Tbill 2027 | Financial | Treasury Bills | 0.64% |
| PUNJAB NATIONAL BANK CD 09MAR27 | Financial | Certificate of Deposit | 0.64% |
| PUNJAB NATIONAL BANK CD 12MAR27 | Financial | Certificate of Deposit | 0.64% |
| EXPORT IMPORT BANK OF INDIA SR AA 03 7.12 BD 27JU30 FVRS1LAC | Financial | Bonds | 0.63% |
| TORRENT PHARMACEUTICALS LTD SR 1 7.45 NCD 19JN28 FVRS1LAC | Healthcare | Debenture | 0.61% |
| BAJAJ HOUSING FINANCE LIMITED 7.53 NCD 28SP29 FVRS1LAC | Financial | Non Convertible Debenture | 0.60% |
| INDOSTAR CAPITAL FINANCE LIMITED SR XXXIII 9.25 NCD 24JN28 FVRS1LAC | Financial | Non Convertible Debenture | 0.44% |
| INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED 7.56 NCD 20MR28 FVRS1LAC | Industrials | Debenture | 0.43% |
| SHIVSHAKTI SECURITISATION TRUST SS TRUST PTC 15SEPT25 | Unspecified | Securitised Debt | 0.41% |
| Others Class A2 AIF | Unspecified | Alternative Investment Fund | 0.31% |
| EXPORT IMPORT BANK OF INDIA SR Z01 7.45 BD 12AP28 FVRS1LAC | Financial | Debenture | 0.28% |
| 7.37% GOI CG 23-10-2028 | Entities | GOI Securities | 0.22% |
| MUTHOOT FINANCE LIMITED RR NCD 26JL29 FVRS1LAC | Financial | Debenture | 0.22% |
| PUNJAB NATIONAL BANK CD 09FEB27 | Financial | Certificate of Deposit | 0.21% |
| HDFC Bank Limited** | Financial | Certificate of Deposit | 0.21% |
| Repo | Unspecified | Repo | 0.19% |
| Karnataka State SDL 7.75 01/03/2027 | Unspecified | State Development Loan | 0.11% |
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹99
Returns and rankings
| Name | 3Y | 5Y | 10Y | All |
|---|---|---|---|---|
| Fund returns | +7.4% | +6.7% | +6.5% | +5.7% |
| Category average (Debt Ultra Short to Short Term) | +7.2% | +6.6% | +6.2% | +6.7% |
| Rank (Debt Ultra Short to Short Term) | 3 | 9 | 14 | -- |
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.
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
 | +6.12% | +7.38% | 7,240.75 | |
| +6.10% | +7.38% | 2,285.63 | |
 | +6.01% | +7.37% | 17,294.09 | |
 | +6.20% | +7.29% | 1,691.09 | |
 | +6.15% | +7.24% | 2,665.07 | |
| Compare | ||||
Fund management
About Mirae Asset Ultra Short to Short Term Fund Direct Growth
Mirae Asset Ultra Short to Short Term 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 to Short Term Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,27,814 Cr and the Latest NAV as of 13 Nov 2026 is ₹2,677.31.
The Mirae Asset Ultra Short to Short Term Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000.
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Investment Objective
The scheme aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt instruments.
Fund benchmarkNIFTY Low Duration Debt Index A-I
Fund house
Rank (total assets)#13 in India
Total AUM₹2,27,814.34 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,