Mirae Asset Ultra Short Duration Fund Regular Plan Growth

Risk: Moderate
₹ 1220.99
NAV (Jul 26,2024)

Invest in Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth to maximize your financial returns. With an expense ratio of 0.47% and a minimum investment of ₹5,000, this fund aims to provide steady income in a short duration. Established on October 7th, 2020, it has already accumulated assets worth ₹546.16 crore. Enjoy the benefits of a secure and growth-oriented investment with Mirae Asset Ultra Short Duration Fund.

Mirae Asset Ultra Short Duration Fund Regular Plan Growth Latest Trend

  • 1M
  • 2M
  • 3M

Mirae Asset Ultra Short Duration Fund Regular Plan Growth Latest Trend

Risk Ratios

  • P/E Ratio
    UM_URBAN_MONEY

    0
  • P/B Ratio
    UM_URBAN_MONEY

    0
  • Alpha
    UM_URBAN_MONEY

    0
  • Beta
    UM_URBAN_MONEY

    0
  • Sharpe
    UM_URBAN_MONEY

    0.70
  • Sortino
    UM_URBAN_MONEY

    1.43

Fund Overview

Expense ratio
UM_URBAN_MONEY

0.49%

Exit Load
UM_URBAN_MONEY

0%

Lock-in
UM_URBAN_MONEY

No Lock-in

AUM (Fund Size)
UM_URBAN_MONEY

₹ 1427.88 Cr

Index
UM_URBAN_MONEY

Min. Investment
UM_URBAN_MONEY

SIP ₹5000.00

Scheme Riskometer

Investors understand that their principal will be at
Moderate

Investment Return Calculator

as on Jul 27, 2024

Total Invested Amount

3 Months Absolute Return (In %)

6 Months Absolute Return (In %)

1 Year Absolute Return (In %)

3 Year Absolute Return (In %)

5 Year Absolute Return (In %)

₹ 10,000₹ 10,183.55 (1.84%)₹ 10,383.59 (3.84%)₹ 10,740.76 (7.41%)₹ 11,877.86 (18.78%)₹ -- (--)
₹ 30,000₹ 30,550.65 (1.84%)₹ 31,150.77 (3.84%)₹ 32,222.28 (7.41%)₹ 35,633.58 (18.78%)₹ -- (--)
₹ 50,000₹ 50,917.75 (1.84%)₹ 51,917.95 (3.84%)₹ 53,703.8 (7.41%)₹ 59,389.3 (18.78%)₹ -- (--)
₹ 80,000₹ 81,468.4 (1.84%)₹ 83,068.72 (3.84%)₹ 85,926.08 (7.41%)₹ 95,022.88 (18.78%)₹ -- (--)
₹ 1,00,000₹ 1,01,835.5 (1.84%)₹ 1,03,835.9 (3.84%)₹ 1,07,407.6 (7.41%)₹ 1,18,778.6 (18.78%)₹ -- (--)

Calculate Your Mutual Fund Returns

₹
  • ₹ 500
  • ₹ 1 Lac
Years
  • 1
  • 30
%
  • 1
  • 30
₹

Total investment

+
₹

Profit

YearInvested Amount(₹)Wealth Gained(₹)Expected Amount(₹)

Fund Portfolio Allocation

  • Holdings
  • Sectors

Name

Assets

  • Days Tbill MD13.11%
  • Small Industries Dev Bank of India9.80%
  • LIC Housing Finance Limited8.40%
  • National Bank For Agriculture and Rural Development8.34%
  • Axis Bank Limited7.40%
  • HDFC Bank Limited6.40%
  • ICICI Bank Limited6.27%
  • Punjab National Bank4.37%
  • ONGC Petro Additions Limited4.21%
  • Kotak Mahindra Bank Limited4.05%
  • Motilal Oswal Financial Services Limited3.76%
  • Canara Bank3.39%
  • Bharti Telecom Limited2.94%
  • REC Limited2.93%
  • Shriram Finance Limited2.72%
  • Embassy Office Parks REIT2.23%
  • Angel One Limited2.04%
  • Motilal Oswal Finvest Limited1.75%
  • Godrej Industries Limited1.74%
  • One Prime Limited1.73%
  • Indian Bank1.40%
  • National Housing Bank1.38%
  • Cholamandalam Investment and Finance Company Ltd1.34%
  • ICICI Securities Limited1.33%
  • Hero Fincorp Limited1.06%
  • Union Bank of India1.01%
  • Birla Group Holdings Private Limited0.93%
  • IndoStar Capital Finance Limited0.70%
  • AU Small Finance Bank Limited0.69%
  • Jharkhand SDL MD0.35%
  • Kerala SDL MD0.35%
  • West Bangal SDL MD0.35%
  • Muthoot Finance Limited0.35%
  • Class A units of Alternative Investment Fund Units0.10%
  • Net Receivables Payables-8.91%

Holdings Analysis

Peer Comparison

Pick your choice with our quick comparitive analysis

  • 6M
  • 1Y
  • 3Y
  • 5Y
Mutual Fund SchemesCategoryRiskAbsolute Return (6M)

Invesco India Ultra Short Duration Fund - GrowthInvesco India Ultra Short Duration Fund - Growth

DEBT

Low to Moderate

7.74%

HDFC Ultra Short Term Fund - Regular Plan - GrowthHDFC Ultra Short Term Fund - Regular Plan - Growth

DEBT

Moderate

7.56%

Mahindra Manulife Ultra Short Duration Fund - Regular Plan - GrowthMahindra Manulife Ultra Short Duration Fund - Regular Plan - Growth

DEBT

Moderate

7.42%

UTI Ultra Short Duration Fund - Regular Plan - GrowthUTI Ultra Short Duration Fund - Regular Plan - Growth

DEBT

Moderate

7.12%

DSP Ultra Short Fund - Regular Plan - GrowthDSP Ultra Short Fund - Regular Plan - Growth

DEBT

Moderate

6.99%

Tata Ultra Short Term Fund - Regular Plan - GrowthTata Ultra Short Term Fund - Regular Plan - Growth

DEBT

Moderate

6.96%

WhiteOak Capital Ultra Short Duration Fund - Regular Plan - GrowthWhiteOak Capital Ultra Short Duration Fund - Regular Plan - Growth

DEBT

Low to Moderate

6.94%

Sundaram Ultra Short Duration Fund - GrowthSundaram Ultra Short Duration Fund - Growth

DEBT

Moderate

6.50%

Bank of India Ultra Short Duration Fund - Regular Plan - GrowthBank of India Ultra Short Duration Fund - Regular Plan - Growth

DEBT

Low to Moderate

5.85%

Motilal Oswal Ultra Short Term Fund - Regular Plan - GrowthMotilal Oswal Ultra Short Term Fund - Regular Plan - Growth

DEBT

Low to Moderate

5.82%

Mutual Fund SchemesCategoryRiskAbsolute Return (6Y)

Baroda BNP Paribas Ultra Short Duration Fund - Regular Plan - GrowthBaroda BNP Paribas Ultra Short Duration Fund - Regular Plan - Growth

DEBT

Low to Moderate

7.27%

Aditya Birla Sun Life Savings Fund - Regular Plan - GrowthAditya Birla Sun Life Savings Fund - Regular Plan - Growth

DEBT

Moderate

7.26%

HSBC Ultra Short Duration Fund - Regular Plan - GrowthHSBC Ultra Short Duration Fund - Regular Plan - Growth

DEBT

Low to Moderate

7.18%

SBI Magnum Ultra Short Duration Fund - Regular Plan - GrowthSBI Magnum Ultra Short Duration Fund - Regular Plan - Growth

DEBT

Moderate

7.13%

Nippon India Ultra Short Duration Fund - GrowthNippon India Ultra Short Duration Fund - Growth

DEBT

Moderate

6.88%

Axis Ultra Short Term Fund - Regular Plan - GrowthAxis Ultra Short Term Fund - Regular Plan - Growth

DEBT

Moderate

6.62%

PGIM India Ultra Short Duration Fund - GrowthPGIM India Ultra Short Duration Fund - Growth

DEBT

Low to Moderate

6.61%

IDBI Ultra Short Term Fund - GrowthIDBI Ultra Short Term Fund - Growth

DEBT

Low to Moderate

6.40%

ITI Ultra Short Duration Fund - Regular Plan - GrowthITI Ultra Short Duration Fund - Regular Plan - Growth

DEBT

Low to Moderate

6.37%

LIC MF Ultra Short Duration Fund - Regular Plan - GrowthLIC MF Ultra Short Duration Fund - Regular Plan - Growth

DEBT

Low to Moderate

5.99%

Mutual Fund SchemesCategoryRiskAbsolute Return (6Y)

Mahindra Manulife Ultra Short Duration Fund - Regular Plan - GrowthMahindra Manulife Ultra Short Duration Fund - Regular Plan - Growth

DEBT

Moderate

5.61%

SBI Magnum Ultra Short Duration Fund - Regular Plan - GrowthSBI Magnum Ultra Short Duration Fund - Regular Plan - Growth

DEBT

Moderate

5.55%

Invesco India Ultra Short Duration Fund - GrowthInvesco India Ultra Short Duration Fund - Growth

DEBT

Low to Moderate

5.45%

WhiteOak Capital Ultra Short Duration Fund - Regular Plan - GrowthWhiteOak Capital Ultra Short Duration Fund - Regular Plan - Growth

DEBT

Low to Moderate

5.34%

DSP Ultra Short Fund - Regular Plan - GrowthDSP Ultra Short Fund - Regular Plan - Growth

DEBT

Moderate

5.30%

Tata Ultra Short Term Fund - Regular Plan - GrowthTata Ultra Short Term Fund - Regular Plan - Growth

DEBT

Moderate

5.30%

Sundaram Ultra Short Duration Fund - GrowthSundaram Ultra Short Duration Fund - Growth

DEBT

Moderate

4.85%

Bank of India Ultra Short Duration Fund - Regular Plan - GrowthBank of India Ultra Short Duration Fund - Regular Plan - Growth

DEBT

Low to Moderate

4.72%

Canara Robeco Ultra Short Term Fund - Regular Plan - GrowthCanara Robeco Ultra Short Term Fund - Regular Plan - Growth

DEBT

Low to Moderate

4.45%

Motilal Oswal Ultra Short Term Fund - Regular Plan - GrowthMotilal Oswal Ultra Short Term Fund - Regular Plan - Growth

DEBT

Low to Moderate

4.05%

Mutual Fund SchemesCategoryRiskAbsolute Return (6Y)

PGIM India Ultra Short Duration Fund - GrowthPGIM India Ultra Short Duration Fund - Growth

DEBT

Low to Moderate

6.66%

Aditya Birla Sun Life Savings Fund - Regular Plan - GrowthAditya Birla Sun Life Savings Fund - Regular Plan - Growth

DEBT

Moderate

6.22%

ICICI Prudential Ultra Short Term Fund - GrowthICICI Prudential Ultra Short Term Fund - Growth

DEBT

Moderate

6.00%

UTI Ultra Short Duration Fund - Regular Plan - GrowthUTI Ultra Short Duration Fund - Regular Plan - Growth

DEBT

Moderate

5.87%

HDFC Ultra Short Term Fund - Regular Plan - GrowthHDFC Ultra Short Term Fund - Regular Plan - Growth

DEBT

Moderate

5.72%

Bandhan Ultra Short Term Fund - Regular Plan - GrowthBandhan Ultra Short Term Fund - Regular Plan - Growth

DEBT

Low to Moderate

5.63%

L&T Ultra Short Term Fund - GrowthL&T Ultra Short Term Fund - Growth

DEBT

Low to Moderate

5.61%

Kotak Savings Fund - GrowthKotak Savings Fund - Growth

DEBT

Low to Moderate

5.50%

IDBI Ultra Short Term Fund - GrowthIDBI Ultra Short Term Fund - Growth

DEBT

Low to Moderate

5.48%

Tata Ultra Short Term Fund - Regular Plan - GrowthTata Ultra Short Term Fund - Regular Plan - Growth

DEBT

Moderate

5.07%

Show all Funds

Fund Managers

BB

Mr. Basant Bafna

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Compare with similar Funds

Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth

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Kotak Savings Fund - Growth

FAQ's

What is the risk level associated with the Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth?

The Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth is a mutual fund with a moderate risk level.

What is the current NAV (Net Asset Value) of the Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth as of Jul 26,2024?

The current NAV of the Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth as of Jul 26,2024 is INR 1220.99.

What are the returns generated by the Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth over the past 1, 3, and 5 years?

The Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth has delivered a 7.29% return over the past year, 5.67% over the last 3 years, and an undisclosed return over the past 5 years.

What is the expense ratio associated with the Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth?

The Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth has a 0.57% expense ratio, making it a cost-effective investment option for investors looking for short-term returns.

What is the minimum investment amount required for the Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth?

The minimum investment amount for the Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth is INR 5000.

Is there a systematic investment plan (SIP) available for the Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth?

Yes, SIP is available for Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth with a minimum investment of INR 5000 per month.

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