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OmniAsset › Mutual funds › Mirae Asset Ultra Short-Term Fund

Mirae Asset Ultra Short-Term Fund

Ultra Short Duration fund benchmarked to NIFTY Ultra Short Duration Debt Index A-I. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 20261428.2811
CategoryUltra Short Duration
PlanDirect · Growth
Launched28 Sep 2020
Risk labelthe scheme's own riskometerLow to Moderate
Legal benchmarkSEBI Tier-1NIFTY Ultra Short Duration Debt Index A-I
Expense ratiodirect plan, a year0.23%
AUM₹1,081 Cr
Growth of ₹10,000₹13,8052 Sep 2021 to 2 Sep 2026
₹13,805₹12,853₹11,902₹10,951₹10,000Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹13,805 (+6.7% a year) Mirae Asset Ultra Short-Term Fund

Performance (trailing, annualised)

1Y annualised6.75%
3Y annualised7.45%
5Y annualised6.66%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,24,5197.03%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹4,01,8627.27%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹7,19,4827.20%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 20213.69%
Calendar 20224.86%
Calendar 20237.33%
Calendar 20247.94%
Calendar 20257.43%

Rolling returns

Rolling 1Y · average251 windows since 12 Oct 20216.41%
Rolling 1Y · median7.10%
Rolling 1Y · worst window3.64%
Rolling 1Y · best window8.21%
Rolling 1Y · windows positive100%
Rolling 3Y · average149 windows since 13 Oct 20236.74%
Rolling 3Y · median6.98%
Rolling 3Y · worst window5.05%
Rolling 3Y · best window7.62%
Rolling 3Y · windows positive100%
Rolling 5Y · average46 windows since 14 Oct 20256.37%
Rolling 5Y · median6.33%
Rolling 5Y · worst window6.14%
Rolling 5Y · best window6.65%
Rolling 5Y · windows positive100%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)0.39%
Downside deviation (3Y)0.09%
Maximum drawdown-0.11%

Management

Fund managerMr. Basant Bafna
Managing since2 Sep 2026

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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