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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 20261161.9315
CategoryUltra Short Duration
PlanDirect · 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 year0.22%
AUM₹0.72 Cr
Growth of ₹10,000₹10,0072 Sep 2021 to 2 Sep 2026
₹10,094₹10,061₹10,028₹9,995₹9,962Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹10,007 (+0.0% a year) Mirae Asset Ultra Short to Short Term Fund

Performance (trailing, annualised)

1Y annualised0.12%
3Y annualised0.02%
5Y annualised0.01%
10Y annualised0.70%

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 ₹1,20,0360.05%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,60,0530.01%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹6,00,2360.02%

₹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 2022-0.00%
Calendar 2023-0.01%
Calendar 20240.12%
Calendar 2025-0.06%

Rolling returns

Rolling 1Y · average550 windows since 7 Jan 20141.39%
Rolling 1Y · median0.05%
Rolling 1Y · worst window-12.92%
Rolling 1Y · best window8.99%
Rolling 1Y · windows positive60%
Rolling 3Y · average501 windows since 4 Jan 20160.58%
Rolling 3Y · median0.04%
Rolling 3Y · worst window-0.52%
Rolling 3Y · best window5.36%
Rolling 3Y · windows positive64%
Rolling 5Y · average399 windows since 2 Jan 20180.70%
Rolling 5Y · median0.11%
Rolling 5Y · worst window-0.32%
Rolling 5Y · best window2.97%
Rolling 5Y · windows positive65%

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

Risk

Volatility (3Y)2.21%
Downside deviation (3Y)2.11%
Maximum drawdown-1.20%

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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