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mirae asset ultra short duration fund regular growth
Mirae Asset Ultra Short Duration Fund Regular Growth

Mirae Asset Ultra Short Duration Fund Regular Growth

  • Moderate Risk
  • Fixed Income
  • Ultra Short Duration
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NAV as on Jun 20, 2025
i
Price per unit of the scheme.
1,306.97830.02%1 Day Change
0.65%
Minimum Investment₹5000
Expense Ratio0.47%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON



No Data Found.
*For the other fund, rescaled NAVs are used
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bt_logoRETURN CALCULATOR

Check the return on your investment in the fund
Mirae Asset Ultra Short Duration Fund Regular Growth
Investment Type
Monthly Investment
Time Period (yrs)
Annual Return in %
  • Invested Amount
    0
  • Return
    0
  • Current Value
    0

bt_logoFUND MANAGER

Basant Bafna
Basant Bafna
i
Lead Fund Manager.
Jan 16, 2023 - Present
  • Fund Manager Rank5Out of 27
    i
    Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
  • Schemes managed6
  • Total AUM7,425.41 Cr
  • Highest Return In 1 Yr9.81 %
Other Funds
  • table
  • card
1M
3M
6M
1Y
3Y
5Y
Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
--
₹ 13.03
0.03%
0.14%
Moderate Risk
44.33Cr
--
₹ 1,321.00
0.67%
0.54%
Moderate Risk
1,780.38Cr
--
₹ 1,278.68
0.71%
0.62%
Low to Moderate Risk
2,658.65Cr
Mirae Asset Corporate Bond Fund Direct Growth
Moderate Risk--
  • NAV₹ 13.03
  • Fund Size44.33Cr
Fund Return0.03%
Category Return0.14%
Mirae Asset Ultra Short Duration Fund Direct Growth
Moderate Risk--
  • NAV₹ 1,321.00
  • Fund Size1,780.38Cr
Fund Return0.67%
Category Return0.54%
Mirae Asset Money Market Fund Direct Growth
Low to Moderate Risk--
  • NAV₹ 1,278.68
  • Fund Size2,658.65Cr
Fund Return0.71%
Category Return0.62%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

bt_logoDETAILED PORTFOLIO

As on May, 2025
EQUITY (-%)
DEBT (27.38%)
CASH (72.37%)
Allocation by Market Cap
Other Cap(0.25%)
Industry Holdings
No Data For Allocation
Stock Holdings
No Data For Allocation

bt_logoPERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.
  • Consistency
    i
    It represents the consistency of a fund in beating its benchmark.
    ----
  • Downside Risk
    i
    Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    ----
  • Risk Adjusted Return
    i
    Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    ----
  • Volatility
    i
    Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    ----
  • Upside Capture Ratio
    i
    Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    ----
  • Downside Capture Ratio
    i
    Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
    ----

bt_logoHISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
  • Alpha: Excess return of the fund over benchmark
    i
    Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
    -0.33
    This Fund
    VS
    -0.64
    Category Avg
  • R-Squared: How well the fund tracks benchmark
    i
    R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
    71.54
    This Fund
    VS
    44.56
    Category Avg
  • Beta: Risk of the fund in relation to benchmark
    i
    Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
    2.92
    This Fund
    VS
    2.46
    Category Avg
  • Sharpe Ratio: Risk adjusted return of the fund
    i
    Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
    1.56
    This Fund
    VS
    0.28
    Category Avg
  • Sortino Ratio: Return per unit of bad risk
    i
    A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
    3.91
    This Fund
    VS
    2.10
    Category Avg
  • Standard Devation: Volatility of the fund
    i
    Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
    0.33
    This Fund
    VS
    0.49
    Category Avg
Benchmark used in calculation : S&P BSE 500 India TR INR

bt_logoPEER ANALYSIS

1M
3M
6M
1Y
3Y
5Y
  • card
  • table
Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

bt_logoTOP FUNDS FROM THIS AMC

1M
3M
6M
1Y
3Y
5Y
  • card
  • table
Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

bt_logoABOUT THE AMC

company icon
Mirae Asset Investment Managers (India) Private Limited
Mirae Asset Investment Managers (India) Private Limited manages assets worth ₹ 2,06,596.41 crores. It’s current offering of mutual fund schemes includes 21 equity, 14 debt and 12 hybrid schemes.
phone icon
Phone
022-6780 0300
mail icon
Email
customercare@miraeasset.com
aum
AUM
2,06,596.41 Cr (
As on May 31, 2025
)
location
Address
Unit No. 606, 6th Floor, Mumbai,400 098

bt_logoFAQ's

What is the category of Mirae Asset Ultra Short Duration Fund Regular Growth ?
The category of Mirae Asset Ultra Short Duration Fund Regular Growth is Fixed Income - Ultra Short Duration
What is the current NAV of Mirae Asset Ultra Short Duration Fund Regular Growth ?
The current NAV of Mirae Asset Ultra Short Duration Fund Regular Growth as on Jun 20, 2025 is ₹1,306.98
How safe is Mirae Asset Ultra Short Duration Fund Regular Growth ?
The risk level of Mirae Asset Ultra Short Duration Fund Regular Growth is Moderate.
What are short term returns given by Mirae Asset Ultra Short Duration Fund Regular Growth ?
The return given by Mirae Asset Ultra Short Duration Fund Regular Growth in 1 month is 0.65%, 3 months is 2.23%, 6 months is 4.04%, and 1 year is 7.84%
What are the long term returns given by Mirae Asset Ultra Short Duration Fund Regular Growth ?
The return given by Mirae Asset Ultra Short Duration Fund Regular Growth in 3 years is 7.21% and 5 years is --.
What is the expense ratio of Mirae Asset Ultra Short Duration Fund Regular Growth ?
The expense ratio of Mirae Asset Ultra Short Duration Fund Regular Growth is 0.47%
What is the AUM of Mirae Asset Ultra Short Duration Fund Regular Growth ?
The assets under Management (AUM) of Mirae Asset Ultra Short Duration Fund Regular Growth is Rs 1,780.38 crores.
What is the minimum investment in Mirae Asset Ultra Short Duration Fund Regular Growth ?
The minimum Lumpsum investment in Mirae Asset Ultra Short Duration Fund Regular Growth is ₹5,000.00 and the minimum SIP investment in Mirae Asset Ultra Short Duration Fund Regular Growth is ₹1,000.00
What is the asset allocation of Mirae Asset Ultra Short Duration Fund Regular Growth?
Mirae Asset Ultra Short Duration Fund Regular Growth has an exposure of 27.38% in Debt and 72.37% in Cash & Money Market Securities