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 20262416.6106
CategoryUltra Short Duration
PlanRegular · Growth
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₹866 Cr
Growth of ₹10,000₹13,3312 Sep 2021 to 2 Sep 2026
₹13,331₹12,498₹11,665₹10,832₹10,000Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹13,331 (+5.9% a year) Mirae Asset Ultra Short to Short Term Fund

Performance (trailing, annualised)

1Y annualised5.80%
3Y annualised6.80%
5Y annualised5.92%
10Y annualised5.90%

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 ₹1,23,8515.98%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,97,6446.56%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹7,07,1766.51%

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

Calendar years

Calendar 20213.07%
Calendar 20223.96%
Calendar 20236.60%
Calendar 20247.38%
Calendar 20257.10%

Rolling returns

Rolling 1Y · average676 windows since 2 Jul 20136.35%
Rolling 1Y · median6.72%
Rolling 1Y · worst window2.62%
Rolling 1Y · best window8.32%
Rolling 1Y · windows positive100%
Rolling 3Y · average574 windows since 30 Jun 20156.16%
Rolling 3Y · median6.31%
Rolling 3Y · worst window4.27%
Rolling 3Y · best window8.02%
Rolling 3Y · windows positive100%
Rolling 5Y · average510 windows since 7 Mar 20135.64%
Rolling 5Y · median5.70%
Rolling 5Y · worst window1.03%
Rolling 5Y · best window7.49%
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)0.48%
Downside deviation (3Y)0.17%
Maximum drawdown-0.27%

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