Mirae Asset Ultra Short-Term Fund Direct Growth
Mirae Asset Investment Managers (India) Private Limited · Direct Plan · Growth
Fund overview
Nil
Returns & rankings
| Period | Fund Returns | Category Avg. | Rank | VS Category |
|---|---|---|---|---|
| … | ||||
Green = fund outperformed the category average for that period; red = underperformed. Periods under 1 year always show absolute (non-annualised) returns. Past performance does not guarantee future returns.
Return calculator
One-time investment
₹5,000
| Over the past | Total investment | Would've become | Returns |
|---|---|---|---|
| 1 Year | ₹5,000 | ₹5,310 | +310 |
| 3 Years | ₹5,000 | ₹5,987 | +987 |
| 5 Years | ₹5,000 | ₹6,751 | +1,751 |
Calculated using the fund's annualised return since inception (6.2% p.a.) as period-wise historical returns aren't available in the current feed. Actual returns fluctuate and are not guaranteed. Mutual fund investments are subject to market risks.
Holdings
55 securitiesTop 10 holdings make up 30.3% of the portfolio.
| Security | Sector | Market Cap | Weight |
|---|---|---|---|
| 8.45% Motilal Oswal Home Finance Ltd. (MD 07/01/2027) | Finance | — | 4.15% |
| National Bank for Agriculture and Rural Development (MD 26/02/2027) | Banks | — | 4.03% |
| HDFC Bank Ltd. (MD 12/03/2027) | Banks | — | 4.02% |
| Small Industries Development Bank of India (MD 25/03/2027) | Banks | — | 4.01% |
| 7.64% REC Ltd. (MD 30/04/2027) | Finance | — | 3.04% |
| 7.71% REC Ltd. (MD 26/02/2027) | Finance | — | 2.77% |
| 7.60% Power Finance Corporation Ltd. (MD 20/02/2027) | Finance | — | 2.77% |
| 7.95% REC Ltd. (MD 12/03/2027) | Finance | — | 2.77% |
| 8.02% Cholamandalam Investment & Finance Co. Ltd. (MD 27/02/2029) | Finance | — | 2.77% |
| 7.34% Mahindra & Mahindra Financial Services Ltd. (MD 18/05/2029) | Finance | — | 2.76% |
Portfolio Allocation
Equity / Debt / Cash
Total Value
₹1,808 Cr
Debt sector allocation
Total Value
₹1,850 Cr
Allocation By Credit Quality (Debt)
Exit load, stamp duty & tax
07-Oct-20
Nil
0.005% (from July 1st, 2020)
Taxation depends on the fund category and holding period. Consult the scheme document or a tax advisor for details.
Risk & Performance Ratios (1Y)
| Standard Deviation | 0.20% |
| Beta | 1.34 |
| Sharpe Ratio | 2.13 |
| Sortino Ratio | 0.81 |
| Treynor Ratio | 0.00 |
| Jensen's Alpha | 0.18 |
| Information Ratio | 0.49 |
| R-Squared | 59.46% |
| Max Drawdown | 0.00% |
| Upside Capture | 103.33% |
| Downside Capture | -- |
Fund management
Scheme Details
Investment 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 house
Mirae Asset Investment Managers (India) Private Limited
Frequently asked questions
What is the NAV of Mirae Asset Ultra Short-Term Fund Direct Growth?
The NAV of Mirae Asset Ultra Short-Term Fund Direct Growth is ₹1437.40 as of 21 Oct 2026. NAV is updated at the end of every trading day.
How much expense ratio is charged by Mirae Asset Ultra Short-Term Fund Direct Growth?
The expense ratio charged by Mirae Asset Ultra Short-Term Fund Direct Growth is 0.23%.
What is the Min. SIP of Mirae Asset Ultra Short-Term Fund Direct Growth?
The minimum SIP investment in Mirae Asset Ultra Short-Term Fund Direct Growth is ₹99 per month.
What is the Min. Lumpsum of Mirae Asset Ultra Short-Term Fund Direct Growth?
The minimum lumpsum investment in Mirae Asset Ultra Short-Term Fund Direct Growth is ₹5,000.
What is the Exit Load of Mirae Asset Ultra Short-Term Fund Direct Growth?
Mirae Asset Ultra Short-Term Fund Direct Growth does not charge an exit load.
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