OmniAsset
Get app

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 20261427.8166
CategoryUltra Short Duration
PlanDirect · Idcw
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₹1.31 Cr
Growth of ₹10,000₹13,8002 Sep 2021 to 2 Sep 2026
₹13,800₹12,850₹11,900₹10,950₹10,000Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹13,800 (+6.7% a year) Mirae Asset Ultra Short-Term Fund

Performance (trailing, annualised)

1Y annualised6.73%
3Y annualised7.43%
5Y annualised6.65%

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 ₹1,24,5097.01%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹4,01,7607.26%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹7,19,2507.18%

₹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 20247.93%
Calendar 20257.41%

Rolling returns

Rolling 1Y · average251 windows since 12 Oct 20216.40%
Rolling 1Y · median7.09%
Rolling 1Y · worst window3.64%
Rolling 1Y · best window8.19%
Rolling 1Y · windows positive100%
Rolling 3Y · average149 windows since 13 Oct 20236.73%
Rolling 3Y · median6.97%
Rolling 3Y · worst window5.06%
Rolling 3Y · best window7.61%
Rolling 3Y · windows positive100%
Rolling 5Y · average46 windows since 14 Oct 20256.36%
Rolling 5Y · median6.33%
Rolling 5Y · worst window6.13%
Rolling 5Y · best window6.64%
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.

Research this fund and compare it — on your device.

Get OmniAsset on Google Play The mutual fund tracker