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  • Mirae Asset Mutual Fund
  • Mirae Asset Ultra Short Duration Fund (G)
Mirae Asset Mutual Fund

Mirae Asset Ultra Short Duration Fund (G)

DebtUltra Short

1238.1265

NAV (Oct 04)

5.497%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->
Scripbox Recommended Debt Funds
Want the ultra short term debt funds that are right for your short term investment needs?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1238.1265

NAV (Oct 4)

Fund Returns

Last 1Y
7.5%
Last 3Y
6.2%
Last 5Y
NA
Last 10Y
NA
Since Inception
5.5%
6 Month CAGR
3.7%

Scheme Information

Investment Objective

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

Expense Ratio
0.46
Launched (0y ago)
0.46
AUM in Crores
1611.1
ISIN
INF769K01GH2
Lock-in
-
Benchmark
NIFTY Ultra Short Duration Debt Index A-I
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
-
Standard Deviation
0.5
Beta
1.1
Sharpe Ratio
0.5
YTM
-
Fund Managers

Basant Bafna

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Mirae Asset Ultra Short Duration Fund (G)70%8,49,816 1,17,2046.2%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 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.

Asset allocation and Holdings

Last updated on 2024-10-01

Top Debt Holdings

Reserve Bank of India

6.4%
6.438%

Axis Bank Ltd.

6.1%
6.086%

HDFC Bank Ltd.

6.1%
6.077%

Small Industries Devp. Bank of India Ltd.

4.7%
4.715%

ICICI Bank Ltd.

4.4%
4.39%
See all holdings

Comparison with Debt Funds

Fund NameFund Size
kotak-mahindra
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (G)

₹ 8,093 cr

₹ 15,209 cr

₹ 9,577 cr

₹ 4,523 cr

₹ 13,722 cr

amc-img

About the AMC

Mirae Asset Mutual Fund

Mirae Asset Global Investments is the asset management arm of Mirae Asset Financial Group. It was founded in 1997. Mirae Asset Global Investments (India) Private Limited has transferred its asset management business to its wholly-owned subsidiary, Mirae Asset Investment Managers (India) Private Limited.amc-img
phone-img022-67800301 / 1800-2090-777
Fund NameScripbox Opinion
Till Date CAGR

15.592%

19.715%

16.929%

24.079%

9.973%

12.048%

20.657%

28.424%

15.367%

21.017%

Mirae Asset Ultra Short Duration Fund (G) Review

Mirae Asset Ultra Short Duration Fund (G) is a Debt Debt fund and has delivered an annualised return of 5.497% over a period of 3 years. The fund is managed by Mirae Asset Mutual Fund. The fund manager’s name is Basant Bafna.

Nav of Mirae Asset Ultra Short Duration Fund (G) as of 10/4/2024 is ₹1238.13 with the total AUM as of 10/6/2024 is ₹1611.11577. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Ultra Short Duration Fund (G) was launched on 2020-10-08. The category risk of the fund is Low.

The minimum SIP amount for Mirae Asset Ultra Short Duration Fund (G) is ₹1000 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. Check your estimated returns on mutual funds by using sip calculator.

Mirae Asset Ultra Short Duration Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Ultra Short Duration Debt Index A-I.

Mirae Asset Ultra Short Duration Fund (G) is rated as a null fund in Debt and delivered 7.549% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Ultra Short Duration Fund (G).

Frequently Asked Questions

What is Mirae Asset Ultra Short Duration Fund (G)?

Mirae Asset Ultra Short Duration Fund (G) is a Debt Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Mirae Asset Ultra Short Duration Fund (G)?

You can invest in Mirae Asset Ultra Short Duration Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Mirae Asset Ultra Short Duration Fund (G)?

The minimum sip amount for Mirae Asset Ultra Short Duration Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Mirae Asset Ultra Short Duration Fund (G) good to invest in?

As per Scripbox experts, Mirae Asset Ultra Short Duration Fund (G) is a fund. You can investMirae Asset Ultra Short Duration Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Mirae Asset Ultra Short Duration Fund (G)?

The expense ratio of the Mirae Asset Ultra Short Duration Fund (G) is 0.46% for regular plan.