Mirae Asset Ultra Short Duration Fund Regular Growth

Fund Overview

Fund Size

₹1,785 Cr

Expense Ratio

0.42%

ISIN

INF769K01GH2

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

07 Oct 2020

About this fund

Mirae Asset Ultra Short Duration Fund Regular Growth is a Ultra Short Duration mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 4 years, 10 months and 9 days, having been launched on 07-Oct-20.
As of 14-Aug-25, it has a Net Asset Value (NAV) of ₹1319.38, Assets Under Management (AUM) of 1785.08 Crores, and an expense ratio of 0.42%.

Mirae Asset Ultra Short Duration Fund Regular Growth has given a CAGR return of 5.88% since inception.
The fund's asset allocation comprises around 0.00% in equities, 36.08% in debts, and 63.65% in cash & cash equivalents.
You can start investing in Mirae Asset Ultra Short Duration Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.68%

+7.14% (Cat Avg.)

3 Years

+7.28%

+6.77% (Cat Avg.)

Since Inception

+5.88%

— (Cat Avg.)

Portfolio Summaryas of 31st July 2025

Debt	₹644 Cr	36.08%
Others	₹1,141.07 Cr	63.92%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Treps	Cash - Repurchase Agreement	₹186.98 Cr	10.47%
Net Receivables / (Payables)	Cash	₹-156.74 Cr	8.78%
HDFC Bank Limited	Cash - CD/Time Deposit	₹132.3 Cr	7.41%
Punjab National Bank	Cash - CD/Time Deposit	₹97.99 Cr	5.49%
182 Days Tbill	Bond - Gov't/Treasury	₹74.48 Cr	4.17%
India (Republic of)	Bond - Short-term Government Bills	₹73.86 Cr	4.14%
Axis Bank Limited	Cash - CD/Time Deposit	₹73.77 Cr	4.13%
Bank Of Baroda	Cash - CD/Time Deposit	₹68.53 Cr	3.84%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹50.68 Cr	2.84%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹50.2 Cr	2.81%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹50.2 Cr	2.81%
182 DTB 18102024	Bond - Gov't/Treasury	₹49.6 Cr	2.78%
Canara Bank	Cash - CD/Time Deposit	₹49.01 Cr	2.75%
Union Bank Of India	Cash - CD/Time Deposit	₹48.9 Cr	2.74%
Union Bank Of India	Cash - CD/Time Deposit	₹48.56 Cr	2.72%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹48.33 Cr	2.71%
Small Industries Development Bk Of India ** #	Cash - Commercial Paper	₹48.1 Cr	2.69%
Hdb Financial Services Limited	Bond - Corporate Bond	₹43.36 Cr	2.43%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹35.15 Cr	1.97%
Mahindra And Mahindra Financial Services Limited	Bond - Corporate Bond	₹30.26 Cr	1.70%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹25.25 Cr	1.41%
Mahindra And Mahindra Financial Services Limited	Bond - Corporate Bond	₹25.21 Cr	1.41%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹25.14 Cr	1.41%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹25.12 Cr	1.41%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹25.12 Cr	1.41%
Embassy Office Parks Reit	Bond - Corporate Bond	₹25.09 Cr	1.41%
Angel Broking Limited	Cash - Commercial Paper	₹24.74 Cr	1.39%
Axis Bank Ltd.	Cash - CD/Time Deposit	₹24.59 Cr	1.38%
Indian Bank	Cash - CD/Time Deposit	₹24.5 Cr	1.37%
Punjab National Bank	Cash - CD/Time Deposit	₹24.44 Cr	1.37%
Credila Financial Services Limited	Cash - Commercial Paper	₹24.44 Cr	1.37%
Muthoot Finance Limited	Cash - Commercial Paper	₹24.43 Cr	1.37%
Bank of Baroda	Bond - Corporate Bond	₹24.37 Cr	1.37%
Power Finance Corporation Limited	Bond - Corporate Bond	₹24.28 Cr	1.36%
Indostar Capital Finance Limited	Cash - Commercial Paper	₹24.23 Cr	1.36%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹24.15 Cr	1.35%
Canara Bank**	Cash - CD/Time Deposit	₹24.09 Cr	1.35%
Motilal Oswal Financial Services Limited	Cash - Commercial Paper	₹24.04 Cr	1.35%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)	Cash - CD/Time Deposit	₹23.5 Cr	1.32%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹20.16 Cr	1.13%
Muthoot Finance Limited	Bond - Corporate Bond	₹20.03 Cr	1.12%
364 DTB 21112025	Bond - Gov't/Treasury	₹19.67 Cr	1.10%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹19.46 Cr	1.09%
Cholamandalam Investment And Fin. Co. Ltd	Cash - Commercial Paper	₹18.95 Cr	1.06%
IIFL Finance Limited	Bond - Corporate Bond	₹15.07 Cr	0.84%
Indian Bank	Bond - Gov't Agency Debt	₹12.52 Cr	0.70%
Canara Bank	Cash - CD/Time Deposit	₹11.72 Cr	0.66%
Indostar Capital Finance Limited	Bond - Corporate Bond	₹10.07 Cr	0.56%
Indostar Capital Finance Limited	Bond - Corporate Bond	₹10.07 Cr	0.56%
HDFC Credila Financial Services Private Limited	Cash - Commercial Paper	₹9.8 Cr	0.55%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹9.72 Cr	0.54%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹8.05 Cr	0.45%
Bajaj Finance Limited	Bond - Corporate Bond	₹6.02 Cr	0.34%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹5.05 Cr	0.28%
Canara Bank	Cash - CD/Time Deposit	₹4.89 Cr	0.27%
Corporate Debt Market Development Fund - Class A2#	Mutual Fund - Open End	₹4.81 Cr	0.27%
Birla Group Holdings Private Limited	Cash - Commercial Paper	₹4.74 Cr	0.27%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹4.04 Cr	0.23%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - CD/Time Deposit	₹758.45 Cr	42.49%
Bond - Corporate Bond	₹557.98 Cr	31.26%
Cash - Commercial Paper	₹203.46 Cr	11.40%
Cash - Repurchase Agreement	₹186.98 Cr	10.47%
Cash	₹-156.74 Cr	8.78%
Bond - Gov't/Treasury	₹143.75 Cr	8.05%
Bond - Short-term Government Bills	₹73.86 Cr	4.14%
Bond - Gov't Agency Debt	₹12.52 Cr	0.70%
Mutual Fund - Open End	₹4.81 Cr	0.27%

Risk & Performance Ratios

Fund Managers

Basant Bafna

Since January 2023

Additional Scheme Detailsas of 31st July 2025

ISIN

INF769K01GH2

Expense Ratio

0.42%

Exit Load

No Charges

Fund Size

₹1,785 Cr

Age

4 years 10 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

NIFTY Ultra Short Duration Debt TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Ultra Short Duration Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Franklin India Ultra Short Duration Fund Regular Growth Moderate Risk	0.7%	0.0%	₹297.17 Cr	-
Franklin India Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹297.17 Cr	-
Invesco India Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1190.56 Cr	7.9%
Motilal Oswal Ultra Short Term Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹563.94 Cr	5.7%
Motilal Oswal Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹563.94 Cr	6.4%
ITI Ultra Short Duration Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹188.14 Cr	6.6%
ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹188.14 Cr	7.4%
Sundaram Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2225.47 Cr	7.8%
Nippon India Ultra Short Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹10252.04 Cr	8.1%
Kotak Savings Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹15954.41 Cr	7.8%
Tata Ultra Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4610.86 Cr	8.0%
Tata Ultra Short Term Fund Regular Growth Moderate Risk	1.1%	0.0%	₹4610.86 Cr	7.1%
ICICI Prudential Ultra Short Term Fund Regular Growth Moderate Risk	0.8%	0.0%	₹16382.40 Cr	7.5%
Nippon India Ultra Short Duration Fund Segregated Portfolio 1 Direct Growth Moderate Risk	0.4%	0.0%	-	195.1%
Nippon India Ultra Short Duration Fund Segregated Portfolio 1 Regular Growth Moderate Risk	1.2%	0.0%	-	195.1%
WhiteOak Capital Ultra Short Term Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹520.53 Cr	6.9%
WhiteOak Capital Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹520.53 Cr	7.5%
DSP Ultra Short Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹3963.61 Cr	7.2%
Mirae Asset Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹1785.08 Cr	7.7%
Mirae Asset Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1785.08 Cr	7.9%
UTI Ultra Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4337.24 Cr	7.8%
Aditya Birla Sun Life Savings Fund Direct Growth Moderate Risk	0.3%	0.0%	₹20794.74 Cr	8.3%
Bank of India Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹212.51 Cr	7.5%
SBI Magnum Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹15902.29 Cr	7.7%
HSBC Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2924.03 Cr	7.7%
HSBC Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹2924.03 Cr	7.5%
Bandhan Ultra Short Term Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹4353.31 Cr	7.4%
Bandhan Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹4353.31 Cr	7.7%
ICICI Prudential Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹16382.40 Cr	8.0%
Canara Robeco Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹718.13 Cr	7.6%
DSP Ultra Short Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3963.61 Cr	8.0%
PGIM India Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹201.69 Cr	7.6%
Axis Ultra Short Term Fund Regular Growth Moderate Risk	1.2%	0.0%	₹6705.66 Cr	7.1%
Axis Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹6705.66 Cr	8.0%
Sundaram Ultra Short Duration Fund Regular Growth Low to Moderate Risk	1.5%	0.0%	₹2225.47 Cr	6.5%
Aditya Birla Sun Life Savings Fund Regular Growth Moderate Risk	0.5%	0.0%	₹20794.74 Cr	8.0%
Kotak Savings Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹15954.41 Cr	7.3%
Invesco India Ultra Short Term Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹1190.56 Cr	7.4%
SBI Magnum Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.6%	0.0%	₹15902.29 Cr	7.4%
Bank of India Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹212.51 Cr	6.9%
HDFC Ultra Short Term Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹17328.44 Cr	7.4%
HDFC Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹17328.44 Cr	7.8%
Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹207.03 Cr	7.8%
Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹207.03 Cr	7.3%
Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk	1.1%	0.0%	₹10252.04 Cr	7.3%
UTI Ultra Short Term Fund Regular Growth Moderate Risk	0.9%	0.0%	₹4337.24 Cr	7.2%
LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹220.83 Cr	6.9%
LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹220.83 Cr	7.7%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹1396.49 Cr	7.7%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹1396.49 Cr	7.5%

About the AMC

Mirae Asset India Mutual Fund

022-6780 0300

https://www.miraeassetmf.co.in/

Total AUM

₹2,08,993 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund Direct Growth Low to Moderate Risk	-	0.0%	₹149.04 Cr	-
Mirae Asset Income plus Arbitrage Active FOF Direct Growth Low to Moderate Risk	0.1%	0.0%	₹18.33 Cr	-
Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth Very High Risk	0.5%	0.0%	₹4.89 Cr	-
Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth Very High Risk	0.5%	0.0%	₹6.05 Cr	-
Mirae Asset Multi Asset Allocation Fund Direct Growth High Risk	0.4%	1.0%	₹2187.26 Cr	11.6%
Mirae Asset Great Consumer Fund Direct Growth Very High Risk	0.4%	1.0%	₹4403.34 Cr	-0.0%
Mirae Asset Cash Management Direct Growth Low to Moderate Risk	0.1%	0.0%	₹13633.83 Cr	7.1%
Mirae Asset Emerging Bluechip Direct Growth Very High Risk	0.6%	1.0%	₹40554.09 Cr	1.2%
Mirae Asset Large Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹39975.32 Cr	4.5%
Mirae Asset Savings Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1971.74 Cr	8.3%
Mirae Asset Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3462.99 Cr	8.2%
Mirae Asset Focused Fund Direct Growth Very High Risk	0.6%	1.0%	₹8017.36 Cr	6.7%
Mirae Asset Dynamic Bond Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹120.13 Cr	8.5%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth Very High Risk	0.7%	0.0%	₹2180.94 Cr	70.4%
Mirae Asset Hybrid Equity Fund Direct Growth Very High Risk	0.4%	1.0%	₹9181.25 Cr	5.4%
Mirae Asset Equity Allocator Fund of Fund Direct Growth Very High Risk	0.2%	0.0%	₹950.03 Cr	0.9%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth Very High Risk	0.5%	0.0%	₹98.97 Cr	2.9%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth Very High Risk	0.7%	0.0%	₹697.51 Cr	51.4%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹593.69 Cr	8.4%
Mirae Asset Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1785.08 Cr	7.9%
Mirae Asset Flexi Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹2995.31 Cr	6.6%
Mirae Asset Banking and Financial Services Fund Direct Growth Very High Risk	0.6%	1.0%	₹2042.45 Cr	14.9%
Mirae Asset Multicap Fund Direct Growth Very High Risk	0.4%	1.0%	₹3943.36 Cr	4.8%
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth Very High Risk	0.6%	0.0%	₹107.66 Cr	-2.8%
Mirae Asset Tax Saver Fund Direct Growth Very High Risk	0.6%	0.0%	₹26075.63 Cr	4.0%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹74.22 Cr	9.2%
Mirae Asset Corporate Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹44.24 Cr	8.7%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth Very High Risk	0.7%	0.0%	₹87.84 Cr	82.7%
Mirae Asset Equity Savings Fund Direct Growth Moderately High risk	0.4%	1.0%	₹1574.27 Cr	7.8%
Mirae Asset Banking and PSU Debt Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹47.99 Cr	8.5%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth Very High Risk	0.9%	1.0%	₹349.18 Cr	38.0%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth Very High Risk	2.1%	1.0%	₹48.28 Cr	28.6%
Mirae Asset Overnight Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹855.31 Cr	6.3%
Mirae Asset Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹937.60 Cr	9.1%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹239.96 Cr	9.3%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹83.69 Cr	7.8%
Mirae Asset Healthcare Fund Direct Growth Very High Risk	0.5%	1.0%	₹2908.21 Cr	7.3%
Mirae Asset Arbitrage Fund Direct Growth Low Risk	0.1%	0.0%	₹2998.23 Cr	7.3%
Mirae Asset Midcap Fund Direct Growth Very High Risk	0.6%	1.0%	₹17030.61 Cr	2.0%
Mirae Asset Balanced Advantage Fund Direct Growth Moderately High risk	0.7%	1.0%	₹1896.51 Cr	6.7%

Risk Level

Your principal amount will be at Low to Moderate Risk

Take control of your wealth

Track and Analyse all your investments with Wealth Monitor

Rated ★ 4.3+ on

Still got questions?
We're here to help.

What is the current NAV of Mirae Asset Ultra Short Duration Fund Regular Growth?

The NAV of Mirae Asset Ultra Short Duration Fund Regular Growth, as of 14-Aug-2025, is ₹1319.38.

What are the returns of Mirae Asset Ultra Short Duration Fund Regular Growth?

The fund has generated 7.68% over the last 1 year and 7.28% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Mirae Asset Ultra Short Duration Fund Regular Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 36.08% in bonds, and 63.65% in cash and cash equivalents.

Who manages the Mirae Asset Ultra Short Duration Fund Regular Growth?

The fund managers responsible for Mirae Asset Ultra Short Duration Fund Regular Growth are:-

Basant Bafna

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

;

Fund Overview

Fund Size

₹1,785 Cr

Expense Ratio

0.42%

ISIN

INF769K01GH2

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

07 Oct 2020

Risk Level

Your principal amount will be at Low to Moderate Risk