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Mutual Funds

Mirae Asset Ultra Short to Short Term Fund

Mirae Asset Ultra Short to Short Term Fund icon

Mirae Asset Ultra Short to Short Term Fund

Low DurationRank #18
3/5

NAV (2026-08-24)

2412.12

AUM

₹2,024 Cr

Exp. Ratio: 0.87%

RISK LEVEL

Low To Moderate

Returns & Performance

1 Year5.67%0.06% vs cat avgRank #16
3 Year6.78%0.02% vs cat avgRank #13
5 Year5.90%0.22% vs cat avgRank #14
Since Launch6.41%0.19% vs cat avg

Fund vs Category Average

1Y
5.67%-0.06%
3Y
6.78%-0.02%
5Y
5.90%-0.22%

Pros & Cons

Pros

No lock-in period

Cons

1Y returns trail category average
3Y returns below category average
5Y returns below category average
1Y category rank outside top 15 (#16)
Overall rank #18 in category
Returns since launch below category avg
ISININF769K01937
NAV₹2412.12
NAV Date2026-08-24
AUM₹2,024 Cr
Expense Ratio0.87%
RiskLow To Moderate
Rating3 / 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 aims to enhance income consistent with a high level of liquidity, through a judicious portfolio mix of money market and debt 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

CompanySectorAsset Value (Cr)Asset %
Bajaj Housing Finance Ltd. 7.92 16/03/2026Financial₹130.534.59
Canara Bank 06/03/2025Financial₹48.484.21
REC Ltd. 7.77 30/09/2026Financial₹50.224.02
Knowledge Realty Trust 7.54 08/05/2029Construction₹78.013.82
Canara Bank 04/03/2026Financial₹99.443.71
REC Ltd. 7.59 31/05/2027Financial₹75.113.68
Axis Bank Ltd. 05/03/2025Financial₹49.683.57
Axis Bank Ltd. 09/09/2025Financial₹47.793.43
Canara Bank 03/02/2025Financial₹48.463.39
Bank Of Baroda 07/02/2025Financial₹48.433.39

Frequently Asked Questions

Common questions about this fund, answered from scheme data

The latest Net Asset Value (NAV) of Mirae Asset Ultra Short to Short Term Fund is ₹2,412.12 as of 2026-08-24.

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.