Mirae Asset Ultra Short Duration Fund - Growth - Direct Plan

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  • 0.03 %Nav, as on 16-09-2025

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  • Net Change on 16-09-2025

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

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

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
CRISIL 1 year T-Bill Index N/A N/A N/A N/A N/A N/A
NIFTY Ultra Short Duration Debt Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
ICICI Prudential Ultra Short Term Fund - Direct Plan - Growth Jan 08, 2013 7.82 7.56 6.43 0.39 17,076.56
SBI MAGNUM ULTRA SHORT DURATION FUND - DIRECT PLAN - GROWTH Jan 01, 2013 7.50 7.31 5.92 0.35 16,317.58
Kotak Savings Fund-Growth - Direct Jan 01, 2013 Unrated 7.61 7.39 6.05 0.37 15,667.19
Nippon India Ultra Short Duration Fund- Direct Plan- Growth Option Jan 02, 2013 7.91 7.67 7.47 0.38 11,075.99
Axis Ultra Short Duration Fund - Direct Plan Growth Sep 10, 2018 7.81 7.58 6.30 0.38 6,763.84

Fund Holdings as on 31-August-2025

  • HDFC Bank Ltd. (MD 04/12/2025)#

  • 7.58% National Bank for Agriculture and Rural Development (MD 31/07/2026)

  • 182 Days Treasury Bills (MD 18/09/2025)

  • 182 Days Treasury Bills (MD 13/11/2025)

  • Bank of Baroda (MD 12/12/2025)**#

  • 7.82% LIC Housing Finance Ltd. (MD 28/11/2025)

  • 7.50% National Bank for Agriculture and Rural Development (MD 17/12/2025)

  • Punjab National Bank (MD 05/12/2025)**#

  • Axis Bank Ltd. (MD 16/12/2025)**#

  • Union Bank of India (MD 18/12/2025)**#

  • Angel One Ltd. (MD 21/11/2025)**

  • Union Bank of India (MD 27/01/2026)**#

  • Bank of Baroda (MD 06/02/2026)#

  • Kotak Mahindra Bank Ltd. (MD 27/02/2026)**#

  • Small Industries Development Bank of India (MD 26/03/2026)**#

  • Union Bank of India (MD 25/06/2026)**#

  • 7.70% REC Ltd. (MD 31/08/2026)**

  • 8.30% Mahindra & Mahindra Financial Services Ltd. (MD 23/03/2026)**

  • 8.10% Mahindra & Mahindra Financial Services Ltd. (MD 21/05/2026)**

  • 7.72% LIC Housing Finance Ltd. (MD 12/02/2026)**

  • 7.82% LIC Housing Finance Ltd. (MD 14/01/2026)**

  • 7.05% Embassy Office Parks Reit (MD 18/10/2026)**

  • 182 Days Treasury Bills (MD 25/09/2025)

  • Angel One Ltd. (MD 19/09/2025)**

  • Indian Bank (MD 04/12/2025)#

  • Credila Financial Services Ltd. (MD 03/12/2025)**

  • Punjab National Bank (MD 19/12/2025)**#

  • Muthoot Finance Ltd. (MD 09/12/2025)**

  • Bank of Baroda (MD 05/01/2026)**#

  • Punjab National Bank (MD 16/01/2026)**#

  • Indostar Capital Finance Ltd. (MD 12/12/2025)**

  • 8.04% Sundaram Finance Ltd. (MD 26/10/2026)**

  • National Bank for Agriculture and Rural Development (MD 27/02/2026)**#

  • Export-Import Bank of India (MD 04/03/2026)**#

  • 7.77% Power Finance Corporation Ltd. (MD 15/07/2026)**

  • Canara Bank (MD 18/03/2026)**#

  • Motilal Oswal Financial Services Ltd. (MD 24/02/2026)**

  • Axis Bank Ltd. (MD 25/05/2026)**#

  • 7.80% Tata Capital Housing Finance Ltd. (MD 05/08/2027)**

  • 7.92% Bajaj Housing Finance Ltd. (MD 16/03/2026)**

  • 364 Days Treasury Bills (MD 21/11/2025)

  • Kotak Mahindra Bank Ltd. (MD 15/01/2026)**#

  • Cholamandalam Investment & Finance Co. Ltd. (MD 26/05/2026)**

  • Net Receivables / (Payables)

  • 7.44% Small Industries Development Bank of India (MD 04/09/2026)

  • 9.80% IIFL Finance Ltd. (MD 03/12/2026)**

  • Indian Bank (MD 19/03/2026)**#

  • Canara Bank (MD 26/12/2025)#

  • TREPS

  • 8.24% HDB Financial Services Ltd. (MD 06/04/2027)**

  • 9.95% Indostar Capital Finance Ltd. (MD 26/06/2026)**

  • 9.95% Indostar Capital Finance Ltd. (MD 27/05/2026)**

  • Credila Financial Services Ltd. (MD 17/11/2025)**

  • National Bank for Agriculture and Rural Development (MD 22/01/2026)**#

  • 7.59% Small Industries Development Bank of India (MD 10/02/2026)

  • 7.50% National Bank for Agriculture and Rural Development (MD 31/08/2026)

  • Canara Bank (MD 18/12/2025)**#

  • Corporate Debt Market Development Fund - Class A2#

  • Birla Group Holding Pvt. Ltd. (MD 22/05/2026)**

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  • Miscellaneous

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  • [ICRA]A1+

  • [ICRA]AAA

  • CARE AA-

  • Cash

  • CRISIL A1+

  • CRISIL AA

  • CRISIL AAA

  • IND A1+

  • Sov

  • Unrated

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About Mirae Asset Ultra Short Duration Fund

Scheme Analysis

Mirae Asset Ultra Short Duration Fund is a Debt - Ultra Short Duration Fund fund and belongs to Mirae Asset Mutual Fund. It was launched on 07-Oct-2020 and currently has an AUM of ₹1,766.30 crore. Mirae Asset Ultra Short Duration Fund is benchmarked against CRISIL 1 year T-Bill Index as primary index and NIFTY Ultra Short Duration Debt Index as secondary index.

The NAV of Mirae Asset Ultra Short Duration Fund ended up ₹0.42(0.03%)yesterday to ₹1341.0308.

Among its top 3 holdings the fund has exposure to HDFC Bank Ltd. (MD 04/12/2025)#, and

The Mirae Asset Ultra Short Duration Fund is managed by Basant Bafna .

Fund House Contact

Unit 606, 6th Floor, Windsor Building, Off CST Road, Kalina, Santacruz (E), Mumbai - 400 098

022-67800300
022-67253940