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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)

₹1,467 Cr

Lock In Period

N/A

Expense Ratio

0.47

Exit Load

Nil

Benchmark

NIFTY Ultra Short Duration Debt Index A-I

Mirae Asset Ultra Short Duration Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M0.59-0.00259.97
6M3.371.89281.41
1Y6.264.35309.46
3Y7.1712.91219.54

Portfolio Analysis

  • Equity:
  • Debt: 99.58%
  • Others
As on: 2026-06-30
View allocation % by

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 ₹1,467 Crore. The fund benchmarks its performance against the NIFTY Ultra Short Duration Debt Index A-I while maintaining an expense ratio of 0.47. 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
TRUSTMF Short Duration Fund Growth056 CR0.73
Mahindra Manulife Short Duration Fund Growth083 CR1.24
Mirae Asset Ultra Short Duration Fund Growth41,467 CR0.47
Franklin India Short Term Income Plan - Institutional Plan Growth00 CR1.18
Fund Name1Y3Y
This FundTRUSTMF Short Duration Fund Growth4.666321.3582
This FundMahindra Manulife Short Duration Fund Growth5.31922.1766
This FundMirae Asset Ultra Short Duration Fund Growth6.263923.0844
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 0.47. 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 : 0.59%
  • 6 Months : 3.37%
  • 1 Year : 6.26%
  • 3 Years : 7.17%
Returns of Mirae Asset Ultra Short Duration Fund Growth are updated daily based on NAV of ₹ 1396.7268 as on Jul 17,2026. Since inception, the return has been 23.08%.

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 ₹1,467 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.