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Fund Overview

Fund Size

Fund Size

₹1,715 Cr

Expense Ratio

Expense Ratio

0.40%

ISIN

ISIN

INF769K01GH2

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

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 5 years, 9 months and 1 days, having been launched on 07-Oct-20.
As of 07-Jul-26, it has a Net Asset Value (NAV) of ₹1395.66, Assets Under Management (AUM) of 1714.86 Crores, and an expense ratio of 0.4%.
  • Mirae Asset Ultra Short Duration Fund Regular Growth has given a CAGR return of 5.97% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 31.19% in debts, and 68.47% 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

+6.38%

+5.71% (Cat Avg.)

3 Years

+7.21%

+6.68% (Cat Avg.)

5 Years

+6.35%

+5.98% (Cat Avg.)

Since Inception

+5.97%

(Cat Avg.)

Portfolio Summaryas of 15th June 2026

Debt534.84 Cr31.19%
Others1,180.02 Cr68.81%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Punjab National Bank RedCash - CD/Time Deposit122.89 Cr7.19%
TrepsCash - Repurchase Agreement120.51 Cr7.05%
Canara BankCash - CD/Time Deposit98.31 Cr5.75%
HDFC Bank LimitedCash - CD/Time Deposit96.53 Cr5.64%
Mahindra And Mahindra Financial Services LimitedBond - Corporate Bond50.08 Cr2.93%
Cholamandalam Investment And Finance Company LimitedBond - Corporate Bond50.02 Cr2.93%
Bank of BarodaBond - Corporate Bond49.15 Cr2.87%
HDFC Bank LimitedCash - CD/Time Deposit48.55 Cr2.84%
Bank Of BarodaCash - CD/Time Deposit48.45 Cr2.83%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit48.34 Cr2.83%
Small Industries Development Bank of IndiaCash - Commercial Paper48.33 Cr2.83%
Bank Of BarodaCash - CD/Time Deposit48.27 Cr2.82%
Export Import Bank Of IndiaCash - Commercial Paper47.86 Cr2.80%
Tata Capital Housing Finance Ltd.Cash - Commercial Paper47.74 Cr2.79%
Net Receivables / (Payables)Cash45.97 Cr2.69%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit44.85 Cr2.62%
Muthoot Finance LimitedBond - Corporate Bond44.82 Cr2.62%
Indostar Capital Finance LimitedBond - Corporate Bond35.02 Cr2.05%
Manappuram Finance LimitedBond - Corporate Bond32.99 Cr1.93%
Tata Capital LimitedBond - Corporate Bond30.07 Cr1.76%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit28.76 Cr1.68%
Rec LimitedBond - Corporate Bond27 Cr1.58%
360 One Prime LimitedBond - Corporate Bond25.06 Cr1.47%
Power Finance Corporation LimitedBond - Corporate Bond25.03 Cr1.46%
Tata Capital Housing Finance LimitedBond - Corporate Bond25.01 Cr1.46%
Rec LimitedBond - Corporate Bond25.01 Cr1.46%
Embassy Office Parks ReitCash - Commercial Paper25 Cr1.46%
TbillBond - Gov't/Treasury24.99 Cr1.46%
Embassy Office Parks ReitBond - Corporate Bond24.97 Cr1.46%
Shriram Pistons & Rings LimitedBond - Corporate Bond24.88 Cr1.46%
Bank Of BarodaCash - CD/Time Deposit24.32 Cr1.42%
HDFC Bank LimitedCash - CD/Time Deposit24.31 Cr1.42%
Export-Import Bank Of IndiaCash - CD/Time Deposit24.29 Cr1.42%
Canara BankCash - CD/Time Deposit24.12 Cr1.41%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit23.93 Cr1.40%
ICICI Bank LimitedCash - CD/Time Deposit23.86 Cr1.40%
Sundaram Finance LimitedCash - Commercial Paper23.78 Cr1.39%
National Bank for Agriculture and Rural DevelopmentBond - Gov't Agency Debt23.67 Cr1.38%
Indian BankCash - CD/Time Deposit22.55 Cr1.32%
Indostar Capital Finance LimitedCash - Commercial Paper14.57 Cr0.85%
Axis Bank Ltd.Bond - Corporate Bond14.47 Cr0.85%
Kotak Mahindra Prime LimitedBond - Corporate Bond10.86 Cr0.63%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond10.03 Cr0.59%
Indostar Capital Finance LimitedBond - Corporate Bond10.01 Cr0.59%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit9.72 Cr0.57%
Corporate Debt Market Development Fund - Class A2#Mutual Fund - Unspecified5.83 Cr0.34%
8.19% Kerala SDL 2028Bond - Gov't/Treasury5.15 Cr0.30%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit762.04 Cr44.57%
Bond - Corporate Bond514.48 Cr30.09%
Cash - Commercial Paper207.29 Cr12.12%
Cash - Repurchase Agreement120.51 Cr7.05%
Cash45.97 Cr2.69%
Bond - Gov't/Treasury30.14 Cr1.76%
Bond - Gov't Agency Debt23.67 Cr1.38%
Mutual Fund - Unspecified5.83 Cr0.34%
Bond - Short-term Government Bills0 Cr-

Risk & Performance Ratios

Standard Deviation

This fund

0.46%

Cat. avg.

0.57%

Lower the better

Sharpe Ratio

This fund

1.50

Cat. avg.

0.64

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.10

Higher the better

Fund Managers

BB

Basant Bafna

Since January 2023

Additional Scheme Detailsas of 15th June 2026

ISIN
INF769K01GH2
Expense Ratio
0.40%
Exit Load
No Charges
Fund Size
₹1,715 Cr
Age
5 years 9 months
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
NIFTY Ultra Short Duration Debt TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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 nameExpense RatioExit LoadFund size
1Y
Franklin India Ultra Short Duration Fund Regular Growth

Moderate Risk

0.6%0.0%₹323.92 Cr6.0%
Franklin India Ultra Short Duration Fund Direct Growth

Moderate Risk

0.2%0.0%₹323.92 Cr6.5%
Invesco India Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1197.43 Cr6.6%
Motilal Oswal Ultra Short Term Fund Regular Growth

Low to Moderate Risk

1.2%0.0%₹379.62 Cr5.2%
Motilal Oswal Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹379.62 Cr6.2%
ITI Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹144.85 Cr5.6%
ITI Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹144.85 Cr6.4%
Sundaram Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2330.91 Cr6.4%
Nippon India Ultra Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹10937.99 Cr6.9%
Kotak Savings Fund Direct Growth

Moderate Risk

0.4%0.0%₹16186.29 Cr6.4%
Tata Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹5454.00 Cr6.8%
Tata Ultra Short Term Fund Regular Growth

Moderate Risk

1.0%0.0%₹5454.00 Cr5.9%
ICICI Prudential Ultra Short Term Fund Regular Growth

Moderate Risk

0.7%0.0%₹16002.16 Cr6.2%
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%₹560.01 Cr5.6%
WhiteOak Capital Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.5%0.0%₹560.01 Cr6.2%
DSP Ultra Short Fund Regular Growth

Moderate Risk

0.9%0.0%₹4711.12 Cr5.8%
Mirae Asset Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹1714.86 Cr6.4%
Mirae Asset Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹1714.86 Cr6.7%
UTI Ultra Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹3996.87 Cr6.5%
Aditya Birla Sun Life Savings Fund Direct Growth

Moderate Risk

0.3%0.0%₹19611.34 Cr6.5%
Bank of India Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹139.98 Cr6.3%
SBI Magnum Ultra Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹11860.95 Cr6.3%
HSBC Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3524.69 Cr6.4%
HSBC Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹3524.69 Cr6.2%
Bandhan Ultra Short Term Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹4440.47 Cr6.2%
Bandhan Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹4440.47 Cr6.4%
ICICI Prudential Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹16002.16 Cr6.6%
Canara Robeco Ultra Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹529.09 Cr6.3%
DSP Ultra Short Fund Direct Growth

Moderate Risk

0.3%0.0%₹4711.12 Cr6.5%
PGIM India Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹174.73 Cr6.2%
Axis Ultra Short Term Fund Regular Growth

Moderate Risk

1.2%0.0%₹6167.96 Cr5.8%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹6167.96 Cr6.6%
Sundaram Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

1.4%0.0%₹2330.91 Cr5.1%
Aditya Birla Sun Life Savings Fund Regular Growth

Moderate Risk

0.5%0.0%₹19611.34 Cr6.3%
Kotak Savings Fund Regular Growth

Moderate Risk

0.8%0.0%₹16186.29 Cr5.9%
Invesco India Ultra Short Term Fund Regular Growth

Low to Moderate Risk

0.7%0.0%₹1197.43 Cr6.0%
SBI Magnum Ultra Short Duration Fund Regular Growth

Moderate Risk

0.6%0.0%₹11860.95 Cr6.1%
Bank of India Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.8%0.0%₹139.98 Cr5.8%
HDFC Ultra Short Term Fund Regular Growth

Moderate Risk

0.7%0.0%₹16657.58 Cr5.9%
HDFC Ultra Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹16657.58 Cr6.3%
Mahindra Manulife Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹213.25 Cr6.5%
Mahindra Manulife Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹213.25 Cr6.0%
Nippon India Ultra Short Duration Fund Regular Growth

Moderate Risk

0.9%0.0%₹10937.99 Cr6.1%
UTI Ultra Short Term Fund Regular Growth

Moderate Risk

1.0%0.0%₹3996.87 Cr5.8%
LIC MF Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

1.2%0.0%₹371.37 Cr5.7%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹371.37 Cr6.5%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹774.98 Cr6.4%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹774.98 Cr6.2%

About the AMC

Mirae Asset India Mutual Fund

Mirae Asset India Mutual Fund

Total AUM

₹2,31,587 Cr

Address

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

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset BSE Midcap 150 Momentum 30 ETF FOF Direct Growth

Very High Risk

-0.0%--
Platinum Hybrid Long-Short Fund Direct Growth

Low to Moderate Risk

-1.0%--
Mirae Asset Silver ETF FOF Direct Growth

Very High Risk

0.4%0.0%₹22.39 Cr-
Mirae Asset Nifty Metal ETF FOF Direct Growth

Very High Risk

0.4%0.0%₹85.45 Cr-
Mirae Asset BSE India Defence ETF FOF Direct Growth

Very High Risk

0.4%0.0%₹61.87 Cr-
Mirae Asset Infrastructure Fund Direct Growth

Very High Risk

1.0%1.0%₹423.41 Cr-
Mirae Asset Multi Factor Passive FOF Direct Growth

Very High Risk

2.1%0.0%₹24.43 Cr-
Mirae Asset Gold Silver Passive FoF Direct Growth

Very High Risk

0.7%0.0%₹1415.52 Cr-
Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹124.53 Cr6.2%
Mirae Asset Income plus Arbitrage Active FOF Direct Growth

Moderate Risk

0.5%0.0%₹21.67 Cr6.1%
Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth

Very High Risk

0.4%0.0%₹6.60 Cr3.6%
Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth

Very High Risk

0.4%0.0%₹7.68 Cr-5.8%
Mirae Asset Small Cap Fund Direct Growth

Very High Risk

0.3%1.0%₹4380.82 Cr8.1%
Mirae Asset Nifty India New Age Consumption ETF Fund of Fund Direct Growth

Very High Risk

0.3%0.0%₹19.39 Cr0.1%
Mirae Asset Long Duration Fund Direct Growth

Moderate Risk

0.1%0.0%₹16.68 Cr2.8%
Mirae Asset Gold ETF Fund of Fund Direct Growth

High Risk

0.4%0.0%₹549.82 Cr46.8%
Mirae Asset Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹58.24 Cr-3.3%
Mirae Asset Nifty LargeMidcap 250 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹35.10 Cr1.5%
Mirae Asset Nifty Total Market Index Fund Direct Growth

Very High Risk

0.2%0.0%₹50.23 Cr0.1%
Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund Direct Growth

Very High Risk

0.4%0.0%₹194.16 Cr0.5%
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund Regular Growth

Very High Risk

0.4%0.0%₹274.63 Cr-1.1%
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund Regular Growth

Very High Risk

0.5%0.0%₹228.79 Cr-2.4%
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.3%1.0%₹3422.92 Cr12.1%
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.4%1.0%₹4388.86 Cr1.5%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹11181.69 Cr6.3%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.5%1.0%₹42792.20 Cr5.0%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹37692.41 Cr0.1%
Mirae Asset Savings Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2176.25 Cr6.4%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹4397.56 Cr6.2%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹6520.35 Cr-4.1%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹116.35 Cr5.9%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹2605.34 Cr29.0%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹9285.29 Cr4.3%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹988.26 Cr-0.1%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.4%0.0%₹82.50 Cr-3.4%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹862.68 Cr40.0%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹471.00 Cr6.1%
Mirae Asset Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹1714.86 Cr6.7%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹4079.74 Cr3.8%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.5%1.0%₹2146.75 Cr6.5%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.4%1.0%₹5071.34 Cr3.7%
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.4%0.0%₹120.92 Cr9.9%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹25373.67 Cr4.0%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹78.91 Cr5.4%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹44.71 Cr5.3%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.5%0.0%₹83.13 Cr0.5%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹1949.65 Cr5.2%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹41.35 Cr4.8%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Regular Growth

Very High Risk

0.9%1.0%₹516.86 Cr61.3%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

0.8%1.0%₹516.86 Cr61.5%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk

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

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The NAV of Mirae Asset Ultra Short Duration Fund Regular Growth, as of 07-Jul-2026, is ₹1395.66.
The fund has generated 6.38% over the last 1 year and 7.21% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 31.19% in bonds, and 68.47% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Ultra Short Duration Fund Regular Growth are:-
  1. Basant Bafna
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