- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Ultra Short Duration Fund (G)
Mirae Asset Ultra Short Duration Fund (G)
₹ 1238.1265
NAV (Oct 04)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical 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
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
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mirae Asset Ultra Short Duration Fund (G) | 8,49,816 | 1,17,204 | 6.2% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Debt Holdings
Reserve Bank of India
6.4%Axis Bank Ltd.
6.1%HDFC Bank Ltd.
6.1%Small Industries Devp. Bank of India Ltd.
4.7%ICICI Bank Ltd.
4.4%Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 8,093 cr | ||
₹ 15,209 cr | ||
₹ 9,577 cr | ||
₹ 4,523 cr | ||
₹ 13,722 cr |
About the AMC
Mirae Asset Mutual Fund
| Fund Name | Scripbox 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)?
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.