
Mirae Asset Ultra Short-Term Fund Direct Growth
Mirae Asset Ultra Short-Term Fund Direct Growth
as on 12 Nov 2026
Mirae Asset Ultra Short-Term Fund Direct Growth is a Debt mutual fund scheme launched on 07 Oct 2020. The current NAV stands at ₹1,444.8669 as of 12 Nov 2026.
Scheme Overview
- Inception Date : 07 Oct 2020
- AUM : ₹1,894.00 Cr
- 5Y Returns (CAGR) : 6.77%
- Expense Ratio : 0.23%
- Min. SIP : ₹99
- Min. Lumpsum : ₹5,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
5Y
₹ 32.73 L
3.50%
₹ 36.98 L
8.00%
₹ 35.78 L
6.77%
Total Investment
₹ 30,00,000
Returns
₹ 5,78,491 (6.77%)
Maturity Value
₹ 35,78,491
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 1,894.00 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹1,894.00 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 15 Jun 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Other | 100.00% |
Stock Holdings
as of 15 Jun 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() P Punjab National Bank Red | 7.19% | |
![]() T Treps | 7.05% | |
![]() C Canara Bank | 5.75% | |
![]() H HDFC Bank Limited | 5.65% | |
![]() M Mahindra And Mahindra Financial Services Limited | 2.93% | |
![]() C CIFCL MARKET LKD 2029 | 2.93% | |
![]() B Bank of Baroda | 2.87% | |
![]() H HDFC Bank Limited | 2.84% | |
![]() B Bank Of Baroda | 2.83% | |
![]() S Small Industries Development Bank Of India | 2.83% | |
![]() S Small Industries Development Bank of India | 2.83% | |
![]() B Bank Of Baroda | 2.82% | |
![]() E Export Import Bank Of India | 2.80% | |
![]() T Tata Capital Housing Finance Ltd. | 2.79% | |
![]() N Net Receivables / (Payables) | 2.69% | |
![]() K Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | 2.62% | |
![]() M MFL TBILL LKD 2029 | 2.62% | |
![]() I ICFL 9.25% 2028 | 2.05% | |
![]() M Manappuram Finance Limited | 1.93% | |
![]() T TACA TBILL LKD 2029 SR B | 1.76% | |
![]() N National Bank For Agriculture And Rural Development | 1.68% | |
![]() R RECL-7.38%-28022029-NCD | 1.58% | |
![]() 3 360 One Prime Limited | 1.47% | |
![]() P Power Finance Corporation Limited | 1.46% | |
![]() T Tata Capital Housing Finance Limited | 1.46% | |
![]() R RECL-7.64%-30042027-NCD | 1.46% | |
![]() E Embassy Office Parks Reit | 1.46% | |
![]() T Tbill | 1.46% | |
![]() E Embassy Office Parks Reit | 1.46% | |
![]() S SPRL 7.30% 2027 SR 1 | 1.46% | |
![]() B Bank Of Baroda | 1.42% | |
![]() H HDFC Bank Limited | 1.42% | |
![]() E Export-Import Bank Of India | 1.42% | |
![]() C Canara Bank | 1.41% | |
![]() N National Bank For Agriculture And Rural Development | 1.40% | |
![]() I ICICI Bank Limited | 1.40% | |
![]() S Sundaram Finance Limited | 1.39% | |
![]() N National Bank for Agriculture and Rural Development | 1.38% | |
![]() I Indian Bank | 1.32% | |
![]() I Indostar Capital Finance Limited | 0.85% | |
![]() A Axis Bank Ltd. | 0.85% | |
![]() K Kotak Mahindra Prime Limited | 0.63% | |
![]() N NABARD-7.7%-30092027-NCD | 0.59% | |
![]() I Indostar Capital Finance Limited | 0.59% | |
![]() S Small Industries Development Bank Of India | 0.57% | |
![]() C Corporate Debt Market Development Fund - Class A2# | 0.34% | |
![]() 8 8.19% Kerala SDL 2028 | 0.30% | |
![]() L LICHFL-7.835%-11052027-NCD | 0.00% | |
![]() P Power Finance Corporation Limited | 0.00% | |
![]() K Kotak Mahindra Bank Ltd. | 0.00% | |
![]() K Kotak Mahindra Bank Ltd. | 0.00% | |
![]() N National Bank For Agriculture And Rural Development | 0.00% | |
![]() N National Bank For Agriculture And Rural Development | 0.00% | |
![]() S SHFL-7.98%-04092026-NCD | 0.00% | |
![]() K Kotak Mahindra Prime Limited | 0.00% | |
![]() B Bank Of Baroda | 0.00% | |
![]() H HDFC Bank Ltd | 0.00% | |
![]() M Muthoot Finance Limited | 0.00% | |
![]() H HDFC Securities Limited | 0.00% | |
![]() A Angel One Limited | 0.00% | |
![]() I India (Republic of) | 0.00% |
Fund Comparison
Fund Details
52W High NAV
₹ 1,444.8251
Min. SIP Amount
₹ 99.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 1,894.00
Expense Ratio
0.23%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 1,355.2159
Inception Date
07 Oct 2020
Fund Age
6 Yrs
Benchmark
NIFTY Ultra Short Duration Debt Index A-I
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- No charges for withdrawal
Tax Implication
- Returns to be taxed as per your normal Income Tax slab.
Fund Managers
| Name | Qualification |
|---|---|
| Basant Bafna | CFA, FRM, MBA (Finance), B Com (Hons) |
Fund Objective
The investment objective of the scheme is to generate regular income and provide liquidity by investing primarily in a portfolio comprising of debt & money market instruments.There is no assurance or guarantee that the investment objective of the scheme will be realized.
Risk-O-Meter
Investors understand that their principal will be at
Moderate Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Mirae Asset Mutual Fund
No. of Schemes
52
Total AUM
₹ 2,05,270.73 Cr
Contact Details
Unit 606,6th Flr,WindsorOff. CST Road,Kalina,Santacruz(E),Mumbai-400098
Contact Details
Unit 606,6th Flr,WindsorOff. CST Road,Kalina,Santacruz(E),Mumbai-400098
FAQs
When was Mirae Asset Ultra ShortTerm Fund launched?
What is the current NAV of Mirae Asset Ultra ShortTerm Fund?
What is the AUM of Mirae Asset Ultra ShortTerm Fund?
What is the rate of return of Mirae Asset Ultra ShortTerm Fund?
- In the past 1Y: 6.66%
- In the past 3Y: 7.39%
- In the past 5Y: 6.77%
What is the expense ratio of Mirae Asset Ultra ShortTerm Fund?
What is exit load of Mirae Asset Ultra ShortTerm Fund?
How risky is investing in Mirae Asset Ultra ShortTerm Fund?
Who is the fund manager Mirae Asset Ultra ShortTerm Fund?
What is the minimum investment required in Mirae Asset Ultra ShortTerm Fund?
How to invest in Mirae Asset Ultra ShortTerm Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

Invest in
Pay 0% Commission!
+91
Or Scan the QR Code to download the Dhan App













