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 20261089.1674
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₹0.27 Cr
Growth of ₹10,000₹10,0072 Sep 2021 to 2 Sep 2026
₹10,118₹10,078₹10,039₹10,000₹9,961Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹10,007 (+0.0% a year) Mirae Asset Ultra Short to Short Term Fund

Performance (trailing, annualised)

1Y annualised0.03%
3Y annualised0.02%
5Y annualised0.01%
10Y annualised-0.02%

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 ₹1,20,0210.03%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,59,820-0.03%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹6,00,0040.00%

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

Calendar years

Calendar 2021-0.00%
Calendar 20220.00%
Calendar 2023-0.00%
Calendar 20240.11%
Calendar 2025-0.06%

Rolling returns

Rolling 1Y · average676 windows since 2 Jul 20130.48%
Rolling 1Y · median0.12%
Rolling 1Y · worst window-2.52%
Rolling 1Y · best window6.70%
Rolling 1Y · windows positive68%
Rolling 3Y · average574 windows since 30 Jun 20150.28%
Rolling 3Y · median0.04%
Rolling 3Y · worst window-0.65%
Rolling 3Y · best window2.67%
Rolling 3Y · windows positive62%
Rolling 5Y · average497 windows since 10 Jun 20130.26%
Rolling 5Y · median0.03%
Rolling 5Y · worst window-0.31%
Rolling 5Y · best window2.46%
Rolling 5Y · windows positive57%

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

Risk

Volatility (3Y)2.03%
Downside deviation (3Y)1.94%
Maximum drawdown-1.47%

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