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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 20262651.3874
CategoryUltra Short Duration
PlanDirect · 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 year0.22%
AUM₹1,365 Cr
Growth of ₹10,000₹13,7552 Sep 2021 to 2 Sep 2026
₹13,755₹12,816₹11,877₹10,938₹10,000Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹13,755 (+6.6% a year) Mirae Asset Ultra Short to Short Term Fund

Performance (trailing, annualised)

1Y annualised6.52%
3Y annualised7.48%
5Y annualised6.58%
10Y annualised6.59%

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 ₹1,24,3126.70%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹4,01,8397.27%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹7,19,3587.19%

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

Calendar years

Calendar 20213.74%
Calendar 20224.60%
Calendar 20237.21%
Calendar 20248.05%
Calendar 20257.81%

Rolling returns

Rolling 1Y · average649 windows since 7 Jan 20147.01%
Rolling 1Y · median7.40%
Rolling 1Y · worst window3.28%
Rolling 1Y · best window9.03%
Rolling 1Y · windows positive100%
Rolling 3Y · average548 windows since 4 Jan 20166.81%
Rolling 3Y · median7.01%
Rolling 3Y · worst window4.92%
Rolling 3Y · best window8.46%
Rolling 3Y · windows positive100%
Rolling 5Y · average446 windows since 2 Jan 20186.63%
Rolling 5Y · median6.38%
Rolling 5Y · worst window5.77%
Rolling 5Y · best window7.94%
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)0.49%
Downside deviation (3Y)0.16%
Maximum drawdown-0.25%

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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