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Mirae Asset Ultra Short Duration Fund Regular Growth

Fund House: Mirae Asset Mutual Fund
Invest in this Scheme
Category: Debt: Ultra Short Duration
Launch Date: 05-10-2020
Asset Class: Fixed Income
Benchmark: Nifty Ultra Short Duration Debt Index A-I
TER: 0.41% As on (31-03-2025)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 1,388.07 Cr As on 31-03-2025(Source:AMFI)
Turn over: - | Exit Load: Nil
NAV as on 17-04-2025

1290.0898

0.3 (0.0236%)

CAGR Since Inception

5.78%

Benchmark: 6.37%

PERFORMANCE

Returns Type:
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End : 
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This Scheme
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vs
Nifty 1D Rate Index
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Gold
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PPF
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Returns Type:
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  Period:  

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RETURNS ANALYSIS

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Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

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

Current Asset Allocation (%)

Indicators

Standard Deviation 0.52
Sharpe Ratio 0.39
Alpha 2.48
Beta 1.13
Yield to Maturity 7.27
Average Maturity 0.56

PEER COMPARISON

Scheme Name Inception
Date		 1 Year
Return(%)		 2 Year
Return(%)		 3 Year
Return(%)		 5 Year
Return(%)		 10 Year
Return(%)
Mirae Asset Ultra Short Duration Fund Regular Growth 05-10-2020 7.75 7.57 6.92 - -
Aditya Birla Sun Life Savings Fund - Growth - Regular Plan 27-11-2001 7.87 7.68 7.02 6.29 7.18
Aditya Birla Sun Life Savings Fund-Retail Growth 27-11-2001 7.87 7.68 7.02 6.29 7.18
Baroda BNP Paribas Ultra Short Duration Fund - Regular Plan - Growth 01-06-2018 7.59 7.46 6.95 5.83 -
HSBC Ultra Short Duration Fund - Regular Growth 29-01-2020 7.53 7.37 6.78 5.71 -
HDFC Ultra Short Term Fund - Growth Option 05-09-2018 7.51 7.35 6.73 5.88 -
SBI Magnum Ultra Short Duration Fund - Regular Plan - Growth 21-05-1999 7.51 7.36 6.71 5.73 6.63
BANDHAN ULTRA SHORT TERM FUND - REGULAR PLAN GROWTH 05-07-2018 7.48 7.35 6.73 5.64 -
ICICI Prudential Ultra Short Term Fund - Growth 01-05-2011 7.47 7.36 6.75 6.03 7.06
Mahindra Manulife Ultra Short Duration Fund - Regular Plan - Growth 05-10-2019 7.45 7.26 6.64 5.61 -

Scheme Characteristics

Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

100.05%

Scheme Documents

March 2025 (Passive Fund)

Monthly Portfolio Disclosure - March 2025

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