Mirae Asset Ultra Short Duration Fund Growth Return

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y
This Fund:
Sensex:
BankFD:

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)

₹1,916 Cr

Lock In Period

N/A

Expense Ratio

0.46

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(%)
1M0.530.19265.31
6M3.342.65195.09
1Y6.344.73195.09
3Y7.1712.6331.95

Portfolio Analysis

  • Equity:
  • Debt: 99.70%
  • Others
As on: 2026-07-31
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About Fund Mirae Asset Ultra Short Duration Fund Growth

Mirae Asset Ultra Short Duration Fund Growth managed by Mirae Asset Mutual Fund,is a Ultra Short Term Planscheme with Assets Under Management of ₹1,916 Crore. The fund benchmarks its performance against the NIFTY Ultra Short Duration Debt Index A-I while maintaining an expense ratio of 0.46. 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
HSBC Ultra Short Duration Fund Growth53,321 CR0.38
Baroda BNP Paribas Ultra Short Duration Fund Growth4649 CR0.45
Mirae Asset Ultra Short Duration Fund Growth41,915 CR0.46
Franklin India Ultra Short Bond Fund - Institutional Plan Growth0296 CR0.66
Franklin India Ultra Short Bond Fund - Super Institutional Growth0296 CR0.52
Fund Name1Y3Y
This FundHSBC Ultra Short Duration Fund Growth6.33222.5868
This FundBaroda BNP Paribas Ultra Short Duration Fund Growth6.339922.752
This FundMirae Asset Ultra Short Duration Fund Growth6.337323.0824
This FundFranklin India Ultra Short Bond Fund - Institutional Plan Growth13.688828.4789
This FundFranklin India Ultra Short Bond Fund - Super Institutional Growth13.688628.6768

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 0.46. 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 : 0.53%
  • 6 Months : 3.34%
  • 1 Year : 6.34%
  • 3 Years : 7.17%
Returns of Mirae Asset Ultra Short Duration Fund Growth are updated daily based on NAV of ₹ 1404.4872 as on Aug 20,2026. 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 ₹1,916 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.