Mirae Asset Ultra Short-Term Fund - Regular Plan - IDCW Payout
Mirae Asset Investment Managers (India) Private Limited
₹1,417.16 (+0.04%)
NAV as of 9 Oct 2026
Minimum Investment: ₹5,000
Return
6.42% Returns for 1Y
Expense ratio & Others
- Net expense ratio
- 0.42%
- Exit load
- 0%
- Lock-in
- No
- Minimum investment
- ₹5,000
- Category
- Ultra Short Duration
Expense ratio is inclusive of GST. Returns may be taxed based on the fund type and your holding period — please read the scheme-related documents and consult a tax advisor. Figures are historical and do not guarantee future results.
Fund Returns Estimator
One-time investment
₹1,000
6 months
₹1,034
Invested ₹1,000
▲+3.38%1 year
₹1,064
Invested ₹1,000
▲+6.42%3 years
₹1,072
Invested ₹1,000
▲+7.16%5 years
₹1,065
Invested ₹1,000
▲+6.49%
Based on the fund’s historic trailing returns — a planning illustration, not a guarantee of future results.
Invest One-TimePlan it your way
The figures above are fixed to this fund’s past returns over set periods. Use a calculator to set your own amount, tenure and expected rate of return.
Risk level
Riskometer scale
- Low
- Low to ModerateThis fund
- Moderate
- Moderate to High
- High
- Very High
Riskometer level assigned by the fund house as per SEBI norms. It can change as the scheme’s portfolio changes.
Fund benchmark
| Primary Index Name | CRISIL Ultra Short Dur Debt A-I TR INR |
|---|---|
| Secondary Index Name | CRISIL Ultra Short Dur Debt A-I TR INR |
| Index Name | NIFTY Ultra Short Duration Debt TR INR |
| Weighting | 100% |
Returns
| 1Y | 3Y | 5Y | 10Y | |
|---|---|---|---|---|
| Fund returns (%) | +6.42% | +7.16% | +6.49% | — |
| Cumulative returns (%) | +6.42% | +23.05% | +36.94% | — |
Fund Manager
| Manager | Basant Bafna |
|---|---|
| Role | Manager |
| Manager Tenure | 3.71 yrs |
About Fund
| Date of Incorporation | 7 Oct 2020 |
|---|---|
| Fund House | Mirae Asset Investment Managers (India) Private Limited |
| Custodian | Deutsche Bank AG |
| Registrar / Transfer Agent | Mirae Asset Investment Managers (India) Private Limited |
| Address | 1 Great Winchester Street |
Top Holdings
| Company | Weightage (%) |
|---|---|
| Tbill | 8.44% |
| Indian Railway Finance Corporation Limited | 6.90% |
| 16/04/2026 Maturing 182 DTB | 5.72% |
| 05/03/2026 Maturing 364 DTB | 5.52% |
| Union Bank of India | 5.28% |
| India (Republic of) | 5.26% |
| Kotak Mahindra Bank Ltd. | 4.84% |
| HDFC Bank Ltd. | 4.63% |
| LIC Housing Finance Ltd | 4.36% |
| 182 Days Tbill | 4.24% |
| India (Republic of) | 4.19% |
| 19/03/2026 Maturing 364 DTB | 4.18% |
| Bajaj Housing Finance Limited | 4.03% |
| L&T Metro Rail (Hyderabad) Limited | 3.71% |
| Motilal Oswal Home Finance Limited | 3.44% |
| National Bank For Agriculture And Rural Development | 3.19% |
| LIC Housing Finance Ltd | 3.09% |
| National Bank For Agriculture And Rural Development | 3.08% |
| 182 DTB 18102024 | 2.90% |
| Bank of Baroda | 2.87% |
| Kotak Mahindra Bank Ltd. | 2.86% |
| 14/05/2026 Maturing 182 DTB | 2.85% |
| LIC Housing Finance Ltd | 2.84% |
| Canara Bank | 2.83% |
| Cholamandalam Investment And Finance Company Limited | 2.79% |
| Punjab National Bank | 2.78% |
| 12/03/2026 Maturing 364 DTB | 2.76% |
| Indian Railway Finance Corporation Limited | 2.70% |
| Bank of Baroda | 2.64% |
| Bank of Baroda | 2.64% |
| Sundaram Home Finance Limited | 2.62% |
| National Bank For Agriculture And Rural Development | 2.59% |
| HDFC Bank Ltd. | 2.54% |
| Shriram Finance Limited | 2.53% |
| Rec Limited | 2.52% |
| Tbill | 2.47% |
| Axis Bank Ltd. | 2.46% |
| Power Finance Corporation Limited | 2.37% |
| Kotak Mahindra Bank Ltd. | 2.36% |
| Rural Electrification Corporation Limited | 2.30% |
| Power Finance Corporation Limited | 2.30% |
| Rec Limited | 2.30% |
| TATA Projects Limited | 2.29% |
| Indian Bank | 2.29% |
| Export Import Bank Of India | 2.29% |
| Cholamandalam Investment And Finance Company Limited | 2.29% |
| Mahindra And Mahindra Financial Services Limited | 2.29% |
| Muthoot Finance Limited | 2.22% |
| National Bank for Agriculture and Rural Development | 2.22% |
| Small Industries Development Bank Of India | 2.18% |
| Small Industries Development Bank Of India | 2.14% |
| National Bank For Agriculture And Rural Development | 2.11% |
| Small Industries Development Bank Of India | 2.11% |
| Rec Limited | 2.11% |
| 364 DTB 26122025 | 2.11% |
| Indostar Capital Finance Limited | 2.09% |
| Tata Capital Limited | 2.05% |
| National Bank For Agriculture And Rural Development | 2.05% |
| National Bank For Agriculture And Rural Development | 1.98% |
| Indian Railway Finance Corporation Limited | 1.98% |
| Aadhar Housing Finance Limited | 1.83% |
| Manappuram Finance Limited | 1.82% |
| Small Industries Development Bank Of India | 1.76% |
| Indian Railway Finance Corporation Limited | 1.76% |
| Embassy Office Parks Reit | 1.76% |
| Shriram Pistons & Rings Limited | 1.75% |
| 360 One Prime Limited | 1.71% |
| Power Grid Corporation Of India Limited | 1.61% |
| Mahindra And Mahindra Financial Services Limited | 1.59% |
| Rec Limited | 1.58% |
| HDFC Bank Limited | 1.53% |
| Torrent Pharmaceuticals Ltd | 1.51% |
| Bank of Baroda | 1.50% |
| Power Finance Corporation Limited | 1.46% |
| National Bank for Agriculture and Rural Development | 1.42% |
| LIC Housing Finance Ltd | 1.42% |
| Mahindra And Mahindra Financial Services Limited | 1.42% |
| Cholamandalam Investment And Finance Company Limited | 1.42% |
| National Bank For Agriculture And Rural Development | 1.41% |
Investment Strategy
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.
Income over a short term investment horizon.
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. The data shown is for information only and does not constitute investment advice.