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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 20261009.4629
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₹0.02 Cr
Growth of ₹10,000₹9,8862 Sep 2021 to 2 Sep 2026
₹10,119₹10,038₹9,957₹9,876₹9,795Sep 2021Nov 2022Mar 2024Jun 2025Sep 2026
₹9,886 (-0.2% a year) Mirae Asset Ultra Short to Short Term Fund

Performance (trailing, annualised)

1Y annualised-0.39%
3Y annualised-0.49%
5Y annualised-0.23%
10Y annualised-0.42%

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 ₹1,19,556-0.68%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,58,304-0.31%
SIP 5Y (₹10,000 a month)invested ₹6,00,000 → worth ₹5,98,171-0.12%

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

Calendar years

Calendar 2021-0.73%
Calendar 20220.44%
Calendar 20230.16%
Calendar 20240.30%
Calendar 2025-0.55%

Rolling returns

Rolling 1Y · average649 windows since 7 Jan 2014-0.22%
Rolling 1Y · median-0.03%
Rolling 1Y · worst window-4.64%
Rolling 1Y · best window4.35%
Rolling 1Y · windows positive46%
Rolling 3Y · average548 windows since 4 Jan 2016-0.32%
Rolling 3Y · median-0.16%
Rolling 3Y · worst window-2.34%
Rolling 3Y · best window1.28%
Rolling 3Y · windows positive30%
Rolling 5Y · average446 windows since 2 Jan 2018-0.44%
Rolling 5Y · median-0.51%
Rolling 5Y · worst window-1.30%
Rolling 5Y · best window0.75%
Rolling 5Y · windows positive8%

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

Risk

Volatility (3Y)4.24%
Downside deviation (3Y)4.19%
Maximum drawdown-3.23%

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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