Mutual Fund Details

Mirae Asset Ultra Short Duration Fund Direct-IDCW Payout

Name: Mirae Asset Ultra Short Duration Fund Direct-IDCW Payout
Brand: Mirae Asset Mutual Fund

Debt Ultra Short Duration

NAV

₹1212.9366

as on 16 May 2024, 11:45 PM

₹0.2510(0.02%)

Last Change

Scheme Ratings

rated by Value Research

Ultra Short Duration

Rankings based on | as on Invalid date

Schemes Managed By

Basant Bafna

Investment Performance

would have given a return of

₹1,10,871

₹1,21,647

₹1,17,878

₹1,18,624

Bank Account

Fixed Deposit

Regular Mutual Fund

This Fund on Paytm Money

This Mutual Fund

₹18,623

Profit (absolute return)

18.62%

in the last

max

+1% Higher Returns

With Direct Plans on Paytm Money

Investment Returns

In the last 3 months

1.97%

In the last 6 months

3.85%

In the last 1 year

7.61%

In the last 3 years

18.62%

In the last 5 years

In the last 10 years

Absolute Returns

CAGR

Scheme Riskometer

low

low to moderate

moderate

moderately high

high

very high

Investors understand that their principal will be at low to moderate risk

Scheme Information

Mirae Asset Ultra Short Duration Fund Direct-IDCW Payout

as of 30 Apr 2024, 05:30 AM

₹1,463.94 Cr

Scheme Asset Size

Fund Type

Open-End

Exit Load

No charges on withdrawal

0.20%

Expense Ratio

Plan

Dividend

1.20%

Cash Holding

Benchmark

NIFTY Ultra Short Duration Debt Index A-I

Scheme Document

View

Benchmark

NIFTY Ultra Short Duration Debt Index A-I

Exit Load

No charges on withdrawal

Scheme Document

View

Companies Holding in this Mutual Fund

as on 30 Apr 2024

Sort By

Value

Company

Reserve Bank of India

12.00%

₹175.67 Cr

HDFC Bank Ltd.

7.60%

₹111.26 Cr

Axis Bank Ltd.

6.76%

₹98.96 Cr

LIC Housing Finance Ltd.

6.47%

₹94.72 Cr

ICICI Bank Ltd.

5.93%

₹86.81 Cr

Others

61.24%

₹896.52 Cr

View All

Companies Holding in this Mutual Fund

as on 30 Apr 2024

Sort By

Value

Company

Reserve Bank of India

12.00%

₹175.67 Cr

HDFC Bank Ltd.

7.60%

₹111.26 Cr

Axis Bank Ltd.

6.76%

₹98.96 Cr

LIC Housing Finance Ltd.

6.47%

₹94.72 Cr

ICICI Bank Ltd.

5.93%

₹86.81 Cr

Others

61.24%

₹896.52 Cr

View All

Instruments Holding in this Mutual Fund

as on 30 Apr 2024

Sort By

Value

Instrument

38.17%

₹558.76 Cr

21.13%

₹309.38 Cr

Debenture

16.84%

₹246.54 Cr

T-Bills

12.01%

₹175.84 Cr

NCD

8.52%

₹124.72 Cr

Others

3.33%

₹48.75 Cr

View All

Instruments Holding in this Mutual Fund

as on 30 Apr 2024

Sort By

Value

Instrument

38.17%

₹558.76 Cr

21.13%

₹309.38 Cr

Debenture

16.84%

₹246.54 Cr

T-Bills

12.01%

₹175.84 Cr

NCD

8.52%

₹124.72 Cr

Others

3.33%

₹48.75 Cr

View All

Funds in this Category

This fund's returns:

5.85%

Return Duration

3 Years

Nippon India Ultra Short Duration Fund Direct-Growth

DebtUltra Short Duration

UTI Ultra Short Duration Fund Direct-Growth

DebtUltra Short Duration

ICICI Prudential Ultra Short Term Fund Direct-Growth

DebtUltra Short Duration

About Mirae Asset Ultra Short Duration Fund Direct-IDCW Payout

Mirae Asset Ultra Short Duration Fund Direct-IDCW Payout is a Debt mutual fund scheme from Mirae Asset Mutual Fund. This scheme was launched on Invalid date and is currently managed by its fund manager Basant Bafna. It has an AUM of ₹1,463.94 Crores and the latest NAV decalared is ₹1212.937 as on 17 May 2024 at 8:03 am.

Mirae Asset Ultra Short Duration Fund Direct-IDCW Payout scheme return performance in last 1 year is 7.61%, in last 3 years is 18.62% and 21.24% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.

Scheme Details

AUM:	₹1,463.94 Cr
Category:	Debt: Ultra Short Duration
Launch Date:	Invalid date
Fund Type:	Open-End

About Fund Category

Ultra Short Duration Funds maintain a portfolio of debt and money market instruments wherein the portfolio has a Macaulay duration of around 3 to 6 months. Among the duration funds, these funds are relatively less affected by the movement of overall interest rates. These funds may be suitable to earn regular income with high liquidity.