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Mirae Asset Ultra Short Duration Fund Growth Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
This Fund:
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Showing Funds Performance since Sep 07, 2020

Mirae Asset Ultra Short Duration Fund Growth Fund Overview

Min. investment

SIP ₹99 & Lump. ₹5000

AUM (Fund size)

₹1,420 Cr

Lock In Period

N/A

Expense Ratio

0.51

Exit Load

Nil

Benchmark

NIFTY Ultra Short Duration Debt Index A-I

Summary

Mirae Asset Ultra Short Duration Fund Growth NAV is ₹1377.8758 as of 21 May, 2026. Mirae Asset Ultra Short Duration Fund Growth has delivered 22.81% returns since its launch. The minimum SIP investment amount in Mirae Asset Ultra Short Duration Fund Growth is ₹99. The AUM of Mirae Asset Ultra Short Duration Fund Growth is ₹1,420 Cr. The expense ratio of the fund is 0.51%, and its benchmark is NIFTY Ultra Short Duration Debt Index A-I. The current exit load of the fund is Nil. In the last 1M months, Mirae Asset Ultra Short Duration Fund Growth has delivered 0.25% returns.

Mirae Asset Ultra Short Duration Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.25-0.39259.97
6M2.741.44281.41
1Y6.194.77309.46
3Y7.0915.81219.54

Portfolio Analysis

  • Equity:
  • Debt: 99.64%
  • Others
As on: 2026-04-30
View allocation % by

1. Punjab National Bank (MD 15/09/2026)8.58%
2. 5.35% Reverse Repo4.89%
3. Angel One Ltd. (MD 05/06/2026)3.50%
4. Canara Bank (MD 15/06/2026)3.50%
5. Axis Bank Ltd. (MD 10/08/2026)3.46%
6. Kotak Mahindra Bank Ltd. (MD 24/09/2026)3.43%
7. Muthoot Finance Ltd. (MD 08/09/2026)3.43%
8. HDFC Bank Ltd. (MD 14/12/2026)3.37%
9. Tata Capital Housing Finance Ltd. (MD 03/02/2027)3.34%
10. HDFC Bank Ltd. (MD 24/02/2027)3.32%
11. 7.98% Sundaram Home Finance Ltd. (MD 04/09/2026)3.18%
12. Kotak Mahindra Bank Ltd. (MD 12/02/2027)3.13%
13. 7.43% Small Industries Development Bank of India (MD 31/08/2026)2.11%
14. 7.50% National Bank for Agriculture and Rural Development (MD 31/08/2026)2.11%
15. 7.05% Embassy Office Parks Reit (MD 18/10/2026)1.76%
16. 7.44% Small Industries Development Bank of India (MD 04/09/2026)1.76%
17. Bank of Baroda (MD 15/06/2026)1.75%
18. Embassy Office Parks Reit (MD 16/06/2026)1.75%
19. 7.30% Shriram Pistons & Rings Ltd. (MD 23/08/2027)1.75%
20. HDFC Bank Ltd. (MD 06/11/2026)1.70%
21. Export-Import Bank of India (MD 11/11/2026)1.70%
22. HDFC Bank Ltd. (MD 22/01/2027)1.67%
23. ICICI Bank Ltd. (MD 12/02/2027)1.67%
24. National Bank for Agriculture and Rural Development (MD 02/03/2027)1.66%
25. National Bank for Agriculture and Rural Development (MD 17/03/2027)1.66%
26. National Bank for Agriculture and Rural Development (MD 18/03/2027)1.66%
27. 182 Days Treasury Bills (MD 14/05/2026)1.41%
28. 7.80% National Bank for Agriculture and Rural Development (MD 15/03/2027)1.41%
29. 7.55% Small Industries Development Bank of India (MD 22/09/2026)1.41%
30. 8.14% Kotak Mahindra Prime Ltd. (MD 10/02/2027)1.06%
31. Indostar Capital Finance Ltd. (MD 15/10/2026)1.02%
32. Net Receivables / (Payables)0.74%
33. 9.95% Indostar Capital Finance Ltd. (MD 26/06/2026)0.71%
34. 7.77% HDFC Bank Ltd. (MD 28/06/2027)0.71%
35. 9.95% Indostar Capital Finance Ltd. (MD 27/05/2026)0.71%
36. 8.75% Piramal Finance Ltd. (MD 29/10/2027)0.71%
37. Small Industries Development Bank of India (MD 06/11/2026)0.68%
38. National Bank for Agriculture and Rural Development (MD 17/02/2027)0.67%
39. 8.19% State Government of Kerala (MD 19/12/2028)0.36%
40. Birla Group Holding Pvt. Ltd. (MD 22/05/2026)0.35%
41. TREPS0.01%

1. 91 Days Treasury Bills (MD 14/05/2026)8.44%
2. 182 Days Treasury Bills (MD 18/06/2026)1.75%

1. 7.60% Power Finance Corporation Ltd. (MD 20/02/2027)3.89%
2. 7.27% Indian Railway Finance Corporation Ltd. (MD 15/06/2027)1.76%

About Fund Mirae Asset Ultra Short Duration Fund Growth

Mirae Asset Ultra Short Duration Fund Growth managed by Mirae Asset Mutual Fund,is a Debt - Short Termscheme with Assets Under Management of ₹1,420 Crore. The fund benchmarks its performance against the NIFTY Ultra Short Duration Debt Index A-I while maintaining an expense ratio of 0.51. Under the expert guidance of Basant Bafna ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Basant Bafna

Mr. Basant Bafna CFA, FRM,MBA (Finance),B Com (Hons),Certified Treasury Professional, Certified Associate of the Indian Institute of Bankers, cleared all levels of Company Secretary. Mr. Basant Bafna has over 12 years of experience in the banking industry. Prior to this assignment, Mr. Basant Bafna worked as Chief Dealer and Assistant General Manager with Export-Import Bank of India.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
Mahindra Manulife Short Duration Fund Growth085.96 CR1.23
BNP Paribas Short Term Fund - Retail Plan Growth0247.54 CR1.04
Mirae Asset Ultra Short Duration Fund Growth41419.73 CR0.51
Franklin India Short Term Income Plan - Institutional Plan Growth00 CR1.18
Fund Name1Y3Y
This FundMahindra Manulife Short Duration Fund Growth4.001420.46
This FundBNP Paribas Short Term Fund - Retail Plan Growth4.625320.8933
This FundMirae Asset Ultra Short Duration Fund Growth6.191922.8108
This FundFranklin India Short Term Income Plan - Institutional Plan Growth192.0255219.2677

Mirae Asset Ultra Short Duration Fund Growth FAQs

Mirae Asset Ultra Short Duration Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Mirae Asset Ultra Short Duration Fund Growth is 0.51. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Mirae Asset Ultra Short Duration Fund Growth’s fund performance is as follows:
  • 1 Month : 0.25%
  • 6 Months : 2.74%
  • 1 Year : 6.19%
  • 3 Years : 7.09%
Returns of Mirae Asset Ultra Short Duration Fund Growth are updated daily based on NAV of ₹ 1377.8758 as on May 19,2026. Since inception, the return has been 22.81%.

You can invest in Mirae Asset Ultra Short Duration Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Mirae Asset Ultra Short Duration Fund Growth is ₹1,420 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Mirae Asset Ultra Short Duration Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.