Launched on 2020-09-28T00:00:00, the Mirae Asset Ultra Short Duration Fund Regular Growth has 1414.66 Cr in AUM (Assets Under Management) as on 22-04-25 08:30:102 IST. This fund is a/an debt ultra short duration with a CRISIL rating of 5 stars. As on 2024-11-30, this mutual fund has an NAV (Net Asset Value) of 1291.16. Furthermore, the portfolio turnover ratio is as on 22-04-25 08:30:102 IST. The fund holds NIFTY Ultra Short Duration Debt Index A-I  as its benchmark index. The minimum amount that one can invest in the fund is 99.0. The fund has an  .The risk rating of this fund is MLW.

Mirae Asset Ultra Short Duration Fund Regular Growth

debt

ultra short duration

by Value Research

AUM : ₹ 1414.66 Cr

Investment Returns Calculator

SIP
Lumpsum
I Want To Save

₹ 99 ₹ 100000
Tenure
Years
1 Y 5 Y
I Want To Save

₹ 5000 ₹ 50000
Tenure
Years
1 Y 5 Y
Your Investment Would Have Become

₹ 1,239

7.77% Estimated Growth

Total Investment:

₹ 1,188

Estimated Returns:

₹ 51

Future Value

₹ 1,239

Disclaimer: The content provided is solely for information & awareness purposes and under no circumstances the information provided is intended to be source of advice or recommending any financial investment advice or endorsement of any sort. All the information is provided in good faith; however, we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information. Any information contained herein is not to be treated as investment advisory and the same is provided only for general understanding of investors. Any reliance you place on such material is therefore strictly at your own risk.

Returns

Tenure Fund Return Category Average Rank Within Category
1 Year 7.77% 7.30% 2/20
3 Years 6.92% 5.50% 3/20
5 Years 0.00% 5.92% 0/20
10 Years 0.00% 6.80% 0/20

Top Scheme Holding

Companies
Others
63.35 %
ICICI Bank 27/06/2025
8.17 %
7.77% Power Fin. Corp. 15/07/2026
5.69 %
Canara Bank 16/05/2025
5.26 %
HDFC Bank 29/05/2026
5.22 %
HDFC Bank 24/06/2025
4.52 %
Canara Bank 15/05/2025
3.5 %

Fund Managment

i

Fund Managment

Mutual funds are handled by professional fund managers, who strategise, analyse, and plan investment activities, to determine ideal securities to invest in as per an individual’s investment objectives.

BB
Basant Bafna Managing Since: 2023

About this Fund

Scheme Details
Launch Date : 28 September, 2020
Fund Type : debt
Category : ultra short duration
AUM : ₹ 1414.66 Cr
Riskometer
i
Riskometer

A riskometer can calculate the risk rate of a mutual funds investment. It is presented in a graph to help understand the risk that comes with a potential investment.

Moderately High High Low To Moderate Moderate Very High Low
Investors understands that their principal will be at Low to Moderate.
Disclaimer

Investment Advisory

 

Bajaj Finserv Direct Ltd. (“BFDL”) is a licensed registered investment adviser (SEBI Registration no. INA000016083 & BASL Registration no.1022). recognized by Security Exchange Board of India (“SEBI”), having its Corporate Address: 4th Floor, B2 Building, Cerebrum IT Park, Kumar City, Kalyani Nagar, Pune – 411014. The Services offered on the Site by BFDL does not constitute investment advice in any manner whatsoever. Investment in securities market are subject to market risks. Users are requested to read all the related documents carefully before investing. Registration granted by SEBI (INA000016083), membership of BASL (1022) and certificate obtained from NISM,  in no way guarantees performance of the intermediary or provide any assurance of returns to investors.

 

Mutual funds

 

Bajaj Finserv Direct Ltd. (“BFDL”) has entered into a referral arrangement with Bajaj Finance Limited (“BFL”) which is registered with Association of Mutual Funds in India ("AMFI") as a distributor of mutual funds with ARN No:90319 which enables BFDL to facilitate Indian residents, to invest in Regular Mutual Funds plan. The Users using the Site, shall be redirected to the platform of BFL and the User shall be bound by the terms and conditions of BFL as applicable to such User.

 

The Services offered on the Site does not constitute investment advice in any manner whatsoever. Please read the scheme information and other related documents carefully before investing and obtain expert professional advice with regards to specific legal, tax, and consequences of investments and risk factors.

Minimum investment Amount

Min. SIP Amount

₹99

Min. Lumpsum Amount

₹5000

Min. Additional Amount

₹1000

Expense Ratio/Exit Load/Taxation

Expense Ratio

i

Expense Ratio

This ratio refers to the fee charged by the AMC for managing your mutual fund.

0.41 %

Exit Load

i

NA

Taxation

i

Taxation

STCG Taxation:    15% + surcharge at 10% or 15% with 4% health and education cess  Individual: 17.94%; HUF: 17.16%  LTCG Taxation:  10% without indexation or benefit for foreign currency conversion  Surcharge: 10% or 14% with 4% health and education cess  Individual: 11.96% ; HUF: 11.44%

Debt STCG: Income Tax Slab Rate of Investor%Up to 36 months

Debt LTCG: Investor’s income tax slab rate%More than 36 months

Investment Objective

Mirae Asset Ultra Short Duration Fund Regular Growth

The scheme seeks to generate regular income and provide liquidity by investing primarily in a portfolio comprising of debt & money market instruments.