Site Logo

Download QR

Open Free Demat Account!

Join Our 9 Lakh Customers

+91
Headphone

Home

Mutual Funds

Mirae Asset Ultra Short Duration Fund

Mi

Mirae Asset Ultra Short Duration Fund

Ultra Short DurationRank #8
5/5

NAV (2026-07-14)

1395.05

AUM

₹1,467.05 Cr

Exp. Ratio: 0.47%

RISK LEVEL

Low To Moderate

Returns & Performance

1 Year6.21%0.33% vs cat avgRank #5
3 Year7.13%0.49% vs cat avgRank #2
5 Year6.32%0.42% vs cat avgRank #4
Since Launch5.94%--

Fund vs Category Average

1Y
6.21%+0.33%
3Y
7.13%+0.49%
5Y
6.32%+0.42%

Pros & Cons

Pros

Outperforms category avg on 1Y returns
Strong 3Y track record vs category
Above category avg 5Y returns
No lock-in period
Low expense ratio (0.47%)
Top-5 ranked in category for 1Y (#5)
Overall top-10 rank in category (#8)

Cons

No notable cons identified

ISININF769K01GH2
NAV₹1395.05
NAV Date2026-07-14
AUM₹1,467.05 Cr
Expense Ratio0.47%
RiskLow To Moderate
Rating5 / 5
Min SIP Amount₹99
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2007-11-30

INVESTMENT OBJECTIVE

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

Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.

Basant Bafna

Mr. Bafna has done B.Com, MBA, CS, CA, FRM and CFA

Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India

Top Holdings

Holdings data not available for this scheme