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  • Mirae Asset Investment Managers (India) Private Limited
  • Mirae Asset Ultra Short Duration Fund (Dividend Reinvestment - Annually)
Mirae Asset Ultra Short Duration Fund (Dividend Reinvestment - Annually)

Mirae Asset Ultra Short Duration Fund (Dividend Reinvestment - Annually)

OtherOther

1012.5875

NAV (Mar 05)

Scripbox Opinion

Not Reviewed yet

Our analysis of this fundLearn how we rate funds ->

Track Record

1 Years.

Relative Size

236 Cr.

Category View

.

Consistency Of Performance

.

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    Historical growth rate of 12% per annum
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    Recommended Duration > 5 years
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Scheme Information

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.There is no assurance or guarantee that the investment objective of the scheme will be realized

Low

Low to Moderate

Moderate

Moderately High

High

Very High

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Very High Risk

0.68 %

Expense Ratio

Oct 07, 2020

Launched (1y ago)

₹ 236

AUM in Crores

INF769K01GI0

ISIN

No Lock-in

Lock-in

NIFTY Ultra Short Duration Debt TR INR

Benchmark

₹ 0

SIP Minimum

₹ 5,000

Lumpsum Min.

Fund Managers
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Mahendra Jajoo

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
EPF70% ₹ 900,761 ₹ 168,1498.50%
Property70% ₹ 867,662 ₹ 135,0507.00%
PPF70% ₹ 869,819 ₹ 137,2077.10%
Bank FD70% ₹ 846,471 ₹ 113,8596.00%
Gold70% ₹ 846,471 ₹ 113,8596.00%
Savings Bank70% ₹ 825,950 ₹ 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

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Build Long Term Wealth

Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

  • Inflation beating returns
    Inflation beating returns
  • Grow Wealth , Retirement , Kid's Education
    Grow Wealth , Retirement , Kid's Education
  • One click investing  tracking
    One click investing tracking
comparison

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Nippon India Gold Savings Fund (G)

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Fofs Domestic

10 Years

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HDFC Gold Fund (G)

HDFC Gold Fund (G)

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10 Years

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Principal Retirement Sav Conservative fund (G)

Principal Retirement Sav Conservative fund (G)

Fofs Domestic

6 Years

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ICICI Prudential Debt Management Fund FOF (G)

ICICI Prudential Debt Management Fund FOF (G)

Fofs Domestic

18 Years

Age

0

Track Record

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About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 63,733 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 23 equity,33 debt and 9 hybrid funds.

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  • tel-amc-about
    022-67800300
  • mail-amc-about
    customercare@miraeasset.com
  • Mirae Asset Tax Saver Fund (G)

    Mirae Asset Tax Saver Fund (G)

    Tax Saving

    Recommended

    Top Ranked

    ₹ 5,647 Cr

    Fund Size

    16.9%

    3Y returns

    Mirae Asset Large Cap Fund (G)

    Mirae Asset Large Cap Fund (G)

    Large Cap

    Recommended

    Top Ranked

    ₹ 21,745 Cr

    Fund Size

    13%

    3Y returns

    Mirae Asset Tax Saver Fund (DP-A)

    Mirae Asset Tax Saver Fund (DP-A)

    Tax Saving

    Top Ranked

    ₹ 5,647 Cr

    Fund Size

    16.4%

    3Y returns

    Mirae Asset Large Cap Fund (DP-A)

    Mirae Asset Large Cap Fund (DP-A)

    Large Cap

    Top Ranked

    ₹ 21,745 Cr

    Fund Size

    11.9%

    3Y returns

    Mirae Asset Large Cap Fund (DR-A)

    Mirae Asset Large Cap Fund (DR-A)

    Large Cap

    Top Ranked

    ₹ 21,745 Cr

    Fund Size

    11.9%

    3Y returns

    growth

    Build Long Term Wealth

    Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Grow Wealth , Retirement , Kid's Education
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Standard Multicap fund (Growth)

    Kotak Standard Multicap fund (Growth)

    Equity

    Diversified

    Mirae Asset Large Cap Fund (Growth)

    Mirae Asset Large Cap Fund (Growth)

    Equity

    Large Cap

    Axis Bluechip Fund (Growth)

    Axis Bluechip Fund (Growth)

    Equity

    Large Cap

    Invesco India Growth Opportunities Fund (Growth)

    Invesco India Growth Opportunities Fund (Growth)

    Equity

    Diversified

    How does Scripbox rate funds?

    Proprietary system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Relative Size

    Relative Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Category View

    Category View

    We check if the sub-category of the fund is recommended by us.

    Consistency Of Performance

    Consistency Of Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Relative Size

    Relative Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Quality Of Fund’s Portfolio

    Credit Quality Of Fund’s Portfolio

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Equity Funds

    Debt Funds

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    About Mirae Asset Ultra Short Duration Fund (DR-A)

    About Mirae Asset Ultra Short Duration Fund (DR-A)

    Mirae Asset Ultra Short Duration Fund (DR-A) is a Other Other fund and has delivered an annualised return of 1.3% over a period of 1 years ..The fund is managed by Mirae Asset Investment Managers (India) Private Limited.The fund manager’s name is Mahendra Jajoo.

    Mirae Asset Ultra Short Duration Fund (DR-A) 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.There is no assurance or guarantee that the investment objective of the scheme will be realized However, there is no assurance that the objective of the scheme will be realized.

    Mirae Asset Ultra Short Duration Fund (DR-A) NAV,AUM,Risk

    The Mirae Asset Ultra Short Duration Fund (DR-A) fund was launched on Oct 07, 2020. The NAV (Net Asset Value) of this Other Other as of 2021-03-05 is ₹ 1012.5875. The total AUM (Asset Under Management) of the fund as of 2021-03-06 is ₹ 235.198. The category risk of the Mirae Asset Ultra Short Duration Fund (DR-A) fund is Very High Risk. The fund charges 0.68 % as expense ratio.

    Mirae Asset Ultra Short Duration Fund (DR-A) Holdings

    The fund’s highest allocation is towards others and has invested 76.1% in this asset class. The top three holdings of the fund are power grid corporation of india limited,7.94% govt stock 2021 and muthoot finance limited

    Mirae Asset Ultra Short Duration Fund (DR-A) SIP

    The minimum SIP (Systematic Investment Plan) amount for this is ₹ 0 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.

    Mirae Asset Ultra Short Duration Fund (DR-A) Investment volatility and Horizon

    This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to NIFTY Ultra Short Duration Debt TR INR

    Mirae Asset Ultra Short Duration Fund (DR-A) Review

    Mirae Asset Ultra Short Duration Fund (DR-A) has a score of 0 on a scale of 5. The fund scores 0 out of 5 based on historical performance. As compared to the other funds in its category, Mirae Asset Ultra Short Duration Fund (DR-A) has a score of 0 out of 5. Scipbox has rated this fund 0 out of 5 based on consistency of performance over various years / tenures.

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