Mirae Asset Ultra Short Duration Fund
Current Fund Size :
N.A.
₹1,343.41
NAV
6.1% p.a.
Overall Return
0.01%
1-Day Change
0.17%
Expense Ratio
₹ 1,766 Cr
AUM (Fund Size)
5+ yrs
Fund Age
Investment Policy
Benchmark
NIFTY Ultra Short Duration Debt Index A-I
Risk Level
Low to Moderate Risk
Min. Investment
SIP: ₹1000 & Lumpsum: ₹5000
Exit Load
0%
Lock-in Period
Nil
Capital Gains Tax Rules (Equity)
STCG (Before 1 Year)
LTCG (After 1 Year)
Age of Fund
5 yrs since Sep 28, 2020
Current Value (Example)
N.A.
Returns Ratio
N/A
Holdings Lists
| # | Company Name | Sector | Instrument | % of Assets |
|---|---|---|---|---|
| 1 | National Bank For Agriculture & Rural Development | Financial | Bonds | 2.84% |
| 2 | Mahindra & Mahindra Financial Services Ltd. | Financial | Debenture | 1.71% |
| 3 | Mahindra & Mahindra Financial Services Ltd. | Financial | Bonds | 1.42% |
| 4 | Embassy Office Parks REIT | Construction | NCD | 1.42% |
| 5 | Power Finance Corporation Ltd. | Financial | Debenture | 1.37% |
| 6 | Bajaj Housing Finance Ltd. | Financial | NCD | 1.14% |
| 7 | National Bank For Agriculture & Rural Development | Financial | FRB | 0.29% |
Peer Comparison: Returns & Risk Ratios
| # | Fund Name | Annualized Returns | Risk Ratios | Other Details | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 3 Year | 5 Year | Std. Deviation | Beta | Sharpe Ratio | Sortino Ratio | AUM | Fund Age | Expense Ratio | ||
| 1 | Mirae Asset Ultra Short Duration Fund | 7.64% | 7.57% | N.A. | 0.30 | 0.74 | 3.18 | 4.09 | 1,766 Cr | 5 yrs | 0.17% |
| 2 | ICICI Prudential Ultra Short Term Fund | 7.71% | 7.61% | 6.44% | 0.30 | 0.71 | 3.32 | 5.04 | 17,077 Cr | 12 yrs 8 m | 0.39% |
| 3 | Sundaram Ultra Short Duration Fund | 7.51% | 7.49% | 6.08% | 0.28 | 0.66 | 3.24 | 5.03 | 2,199 Cr | 12 yrs 8 m | 0.23% |
| 4 | Axis Ultra Short Duration Fund | 7.65% | 7.62% | 6.3% | 0.29 | 0.71 | 3.55 | 5.30 | 6,764 Cr | 7 yrs 1 m | 0.38% |
| 5 | WhiteOak Capital Ultra Short Duration Fund | 7.22% | 7.19% | 5.95% | 0.26 | 0.64 | 2.34 | 3.22 | 555 Cr | 6 yrs 4 m | 0.47% |
| 6 | Tata Ultra Short Term Fund | 7.69% | 7.58% | 6.2% | 0.28 | 0.68 | 3.45 | 4.81 | 4,945 Cr | 6 yrs 8 m | 0.28% |
Trailing Returns vs. Category Average
| # | Period | Fund Return | Category Average |
|---|---|---|---|
| 1 | 1 Month | 0.45% | 0.44% |
| 2 | 3 Months | 1.51% | 1.49% |
| 3 | 6 Months | 3.61% | 3.52% |
| 4 | 1 Year | 7.64% | 7.46% |
| 5 | 2 Years | 7.75% | 7.52% |
| 6 | 3 Years | 7.57% | 7.39% |
| 7 | 4 Years | 6.7% | 6.54% |
Related Funds
| # | Fund Name | AUM | Return 1y | Return 5y | url |
|---|---|---|---|---|---|
| 1 | Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund | 238 Cr | 7.84% | View Detail | |
| 2 | Mirae Asset Nifty SDL Jun 2027 Index Fund | 564 Cr | 7.8% | View Detail | |
| 3 | Mirae Asset Short Duration Fund | 896 Cr | 8.44% | View Detail | |
| 4 | Mirae Asset Dynamic Bond Fund | 121 Cr | 7.97% | View Detail | |
| 5 | Mirae Asset Corporate Bond Fund | 44 Cr | 8.07% | View Detail | |
| 6 | Mirae Asset Low Duration Fund | 1,865 Cr | 8.0% | View Detail |
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