| Category: Debt: Ultra Short Duration |
| Launch Date: 05-10-2020 |
| Asset Class: Fixed Income |
| Benchmark: Nifty Ultra Short Duration Debt Index A-I |
| Expense Ratio: 0.42% As on (29-09-2025) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 1,584.51 Cr As on (30-09-2025) |
| Turn over: |
| 1-Year Ret (%) | 3-Yrs Ret (%) | 5-Yrs Ret (%) | 10-Yrs Ret (%) | Since Launch Ret (%) | |
|---|---|---|---|---|---|
| Mirae Asset Ultra Short Duration Fund Regular Growth | 7.37 | 7.35 | 5.92 | - | 5.89 |
| Benchmark | - | - | - | - | - |
| Debt: Ultra Short Duration | 6.9 | 6.9 | 5.65 | 6.22 | 6.38 |
Mr. Basant Bafna
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.
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
| Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
|---|---|---|---|---|---|---|
| Mirae Asset Ultra Short Duration Fund Regular Growth | 0.52 | 0.39 | 2.48 | 1.13 | 6.32 | 0.5 |
| Debt: Ultra Short Duration | - | - | - | - | - | - |
| Scheme Name | Launch Date |
1-Year Ret (%) |
2-Yrs Ret (%) |
3-Yrs Ret (%) |
5-Yrs Ret (%) |
10-Yrs Ret (%) |
|---|---|---|---|---|---|---|
| Mirae Asset Ultra Short Duration Fund Regular Growth | 05-10-2020 | 7.37 | 7.48 | 7.35 | 5.92 | 0.0 |
| Aditya Birla Sun Life Savings Fund - Growth - Regular Plan | 27-11-2001 | 7.69 | 7.68 | 7.52 | 6.16 | 7.07 |
| Aditya Birla Sun Life Savings Fund-Retail Growth | 27-11-2001 | 7.69 | 7.68 | 7.52 | 6.16 | 7.07 |
| Aditya Birla Sun Life Savings Fund - Discipline Advantage Plan | 27-11-2001 | 7.27 | 7.39 | 7.32 | 5.99 | 7.08 |
| ICICI Prudential Ultra Short Term Fund - Growth | 01-05-2011 | 7.27 | 7.34 | 7.21 | 5.95 | 6.92 |
| Baroda BNP Paribas Ultra Short Duration Fund - Regular Plan - Growth | 05-06-2018 | 7.19 | 7.3 | 7.29 | 5.96 | 0.0 |
| Franklin India Ultra Short Duration Fund - Growth | 28-08-2024 | 7.18 | 0.0 | 0.0 | 0.0 | 0.0 |
| HDFC Ultra Short Term Fund - Growth Option | 05-09-2018 | 7.15 | 7.27 | 7.16 | 5.8 | 0.0 |
| HSBC Ultra Short Duration Fund - Regular Growth | 29-01-2020 | 7.14 | 7.25 | 7.17 | 5.79 | 0.0 |
| SBI Magnum Ultra Short Duration Fund - Regular Plan - Growth | 21-05-1999 | 7.12 | 7.25 | 7.17 | 5.75 | 6.53 |