OmniAsset
Get app

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

Mirae Asset Ultra Short to Short Term Fund

Ultra Short Duration fund benchmarked to Nifty Low 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 20261008.5722
CategoryUltra Short Duration
PlanRegular · Idcw
Launched29 Feb 2008
Risk labelthe scheme's own riskometerLow to Moderate
Legal benchmarkSEBI Tier-1Nifty Low Duration Debt Index A-I
Expense ratiodirect plan, a year0.87%
AUM₹0.07 Cr
Growth of ₹10,000₹9,9142 Sep 2021 to 2 Sep 2026
₹10,119₹10,045₹9,971₹9,897₹9,824Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹9,914 (-0.2% a year) Mirae Asset Ultra Short to Short Term Fund

Performance (trailing, annualised)

1Y annualised-0.35%
3Y annualised-0.11%
5Y annualised-0.17%
10Y annualised-0.22%

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 ₹1,19,645-0.55%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,58,635-0.25%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹5,98,690-0.09%

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

Calendar years

Calendar 2021-0.99%
Calendar 20220.35%
Calendar 20230.19%
Calendar 20240.30%
Calendar 2025-0.54%

Rolling returns

Rolling 1Y · average676 windows since 2 Jul 2013-0.01%
Rolling 1Y · median0.02%
Rolling 1Y · worst window-3.41%
Rolling 1Y · best window3.24%
Rolling 1Y · windows positive52%
Rolling 3Y · average574 windows since 30 Jun 2015-0.11%
Rolling 3Y · median-0.12%
Rolling 3Y · worst window-1.57%
Rolling 3Y · best window1.20%
Rolling 3Y · windows positive35%
Rolling 5Y · average472 windows since 29 Jun 2017-0.19%
Rolling 5Y · median-0.22%
Rolling 5Y · worst window-0.87%
Rolling 5Y · best window0.73%
Rolling 5Y · windows positive18%

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

Risk

Volatility (3Y)3.66%
Downside deviation (3Y)3.61%
Maximum drawdown-2.87%

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