MJ
Mahendra JajooFund Manager Since 7 Oct 2020
Fixed IncomeUltra Short Duration
Mirae Asset Ultra Short Duration Fund Direct Growth
3Y Annualised
7.44%
0.02% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
0.84%
0.02% 1D
Benchmark
SBI Nifty 10 yr Benchmark G-Sec ETF
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
9 years 8 months
NIFTY 50
4 years 7 months
FD
9 years 7 months
Fund info
Fund size
₹1780.38 Cr
Min. SIP amount
₹1000
Min. Lumpsum amount
₹5000
Exit load
0%
Nil
Risk Profile
Low to Moderate Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
Nippon India Ultra Short Duration Fund Segregated Port 1 Quarterly Payout Inc Dist cum Cap Wdrl
265.32%
2nd
Nippon India Ultra Short Duration Fund Segregated Port 1 Quarterly Reinvest Inc Dist cum Cap Wdl
265.32%
3rd
Nippon India Ultra Short Duration Fund Segregated Port 1 Weekly Reinvestment Inc Dist cum Cap Wdrl
265.31%
4th
Nippon India Ultra Short Duration Fund Segregated Port 1 Direct Quarterly Income Dist cum Cap Wdrl
265.31%
5th
Nippon India Ultra Short Duration Fund SegregatedPort1 Direct Quarterly Reinvest Inc Dist cum CapWdl
265.31%
71st
Mirae Asset Ultra Short Duration Fund Direct Growth
0.84%
Fund Managers
About Mirae Asset Ultra Short Duration Fund Direct Growth
Mirae Asset Ultra Short Duration Fund Direct Growth is a Fixed Income mutual fund scheme from Mirae Asset Investment Managers (India) Private Limited. This fund has been in existence for 4 years, having been launched on 2020-10-07. Mirae Asset Ultra Short Duration Fund Direct Growth has ₹1780.38 Cr worth of assets under management (AUM) as of Sat Jun 14 2025. The latest Net Asset Value (NAV) of Mirae Asset Ultra Short Duration Fund Direct Growth as of Fri Jun 13 2025 is ₹1319.3318. The fund has an expense ratio of 0.16%, which is medium comparable to most other Fixed Income funds.
Mirae Asset Ultra Short Duration Fund Direct Growth returns for the last 1 year are 8.14%. Since launch, it has delivered 6.10% average annual returns.
The Mirae Asset Ultra Short Duration Fund Direct Growth has the majority of its money invested in null sectors.
Top 5 Holdings of Mirae Asset Ultra Short Duration Fund Direct Growth.
- 182 Days Tbill: 4.14%
- India (Republic of): 3.61%
- Bank of Baroda: 3.57%
- Hdb Financial Services Limited: 2.99%
- Small Industries Development Bank Of India: 2.54%
AMC Information
| Name | Mirae Asset Investment Managers (India) Private Limited |
|---|---|
| Founding Date | 2020-10-07 |
| customercare@miraeasset.com | |
| Phone | 022-6780 0300 |
| Website | www.miraeassetmf.co.in |
| Address | Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098 |
Tax Implications of Mirae Asset Ultra Short Duration Fund Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from Mirae Asset Investment Managers (India) Private Limited
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expense ratio
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fund size
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Mirae Asset Low Duration Fund Regular Plan Growth
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Mirae Asset Dynamic Bond Fund Regular Growth
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Mirae Asset Dynamic Bond Fund Direct Growth
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8.11%
expense ratio
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Mirae Asset Large & Midcap Fund Direct Plan Growth
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3Y CAGR
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expense ratio
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FAQs
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What are the top 3 sectors that Mirae Asset Ultra Short Duration Fund Direct Growth has invested in?
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How to Redeem Mirae Asset Ultra Short Duration Fund Direct Growth?
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