Mirae Asset Ultra Short Duration Fund - Growth - Regular Plan

Other Plans and Options
  • 0.04 %Nav, as on 29-09-2023

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  • Net Change on 29-09-2023

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview Growth | Regular 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 Yr 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.)
Aditya Birla Sun Life Savings Fund - Discipline Advantage Plan Jun 23, 2009 7.07 5.06 6.49 0.34 14,682.62
Aditya Birla Sun Life Savings Fund - Growth - Regular Plan Apr 16, 2003 7.13 5.16 6.39 0.54 14,682.62
HDFC Ultra Short Term Fund-Growth Option Sep 24, 2018 6.85 4.81 5.94 0.69 13,494.67
Kotak Savings Fund -Growth Aug 13, 2004 6.79 4.64 5.75 0.80 13,487.47
ICICI Prudential Ultra Short Term Fund - Growth May 03, 2011 6.85 5.04 6.20 0.84 13,376.39

Fund Holdings as on 31-August-2023

  • Bank of Baroda (05/09/2023) #

  • 6.4% Embassy Office Parks REIT (15/02/2024) **

  • 5.14% National Bank For Agriculture and Rural Development (31/01/2024) **

  • Reliance Retail Ventures Limited (30/10/2023) **

  • 182 Days Tbill (MD 25/01/2024)

  • Axis Bank Limited (06/12/2023) #

  • HDFC Bank Limited (14/12/2023) #

  • Canara Bank (10/01/2024) ** #

  • 182 Days Tbill (MD 08/02/2024)

  • Union Bank of India (06/02/2024) ** #

  • ICICI Bank Limited (19/08/2024) ** #

  • 5.84% Bajaj Housing Finance Limited (21/02/2024)

  • 5.72% LIC Housing Finance Limited (22/02/2024)

  • Kotak Mahindra Bank Limited (11/12/2023) ** #

  • Small Industries Dev Bank of India (31/01/2024) ** #

  • Indian Bank (14/02/2024) ** #

  • 364 Days Tbill (MD 07/03/2024)

  • Canara Bank (14/12/2023) ** #

  • Canara Bank (15/12/2023) ** #

  • Bank of Baroda (20/12/2023) ** #

  • 5.86% Tata Capital Housing Finance Limited (23/02/2024) **

  • Axis Bank Limited (11/03/2024) ** #

  • 9% Shriram Finance Limited (24/06/2024) **

  • 7.38% Cholamandalam Investment and Finance Company Ltd (31/07/2024) **

  • Motilal Oswal Financial Services Limited (05/12/2023) **

  • Godrej Properties Limited (27/12/2023) **

  • Small Industries Dev Bank of India (15/02/2024)

  • Nuvama Wealth Management Limited (13/02/2024) **

  • Birla Group Holdings Private Limited (13/03/2024) **

  • IGH Holdings Private Limited (19/03/2024) **

  • HDFC Bank Limited (16/04/2024) **

  • HDFC Bank Limited (21/05/2024) **

  • Axis Bank Limited (20/06/2024) #

  • Kotak Mahindra Bank Limited (26/06/2024) ** #

  • TREPS

  • Motilal Oswal Financial Services Limited (23/08/2024) **

  • Muthoot Finance Limited (15/05/2024) **

  • Motilal Oswal Finvest Limited (07/09/2023) **

  • Axis Bank Limited (01/12/2023) ** #

  • 364 Days Tbill (MD 08/02/2024)

  • Union Bank of India (09/02/2024) ** #

  • Net Receivables / (Payables)

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  • Miscellaneous

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  • CARE A1+

  • Cash

  • CRISIL A1+

  • CRISIL AA+

  • CRISIL AAA

  • FITCH A1+

  • ICRA A1+

  • ICRA AA+

  • ICRA AAA

  • SOVEREIGN

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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 ₹549.54 crore. Mirae Asset Ultra Short Duration Fund is benchmarked against Crisil 1 Yr 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 ₹0.47(0.04%)yesterday to ₹1149.9757.

Among its top 3 holdings the fund has exposure to Bank of Baroda (05/09/2023) #, and

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

Fund House Contact

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

022-67800300
022-67253942