Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Mirae Asset Ultra Short-Term Fund is ₹1,405.42 as of 2026-08-24.
Mirae Asset Ultra Short-Term Fund is classified as a Ultra Short Duration fund.
The Assets Under Management (AUM) of Mirae Asset Ultra Short-Term Fund is ₹1,915.66 Cr.
The expense ratio of Mirae Asset Ultra Short-Term Fund is 0.46%.
Mirae Asset Ultra Short-Term Fund is managed by Basant Bafna.
The minimum SIP investment for Mirae Asset Ultra Short-Term Fund is ₹99.
As per the SEBI Riskometer, Mirae Asset Ultra Short-Term Fund carries a Low To Moderate risk level.
Mirae Asset Ultra Short-Term Fund has delivered 6.34% (1Y), 7.14% (3Y) and 6.38% (5Y) annualised returns as of 2026-08-24.
Mirae Asset Ultra Short-Term Fund was launched on 2007-11-30.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
