Latest NAV & returns of MIRAE ASSET GLOBAL INVESTMENTS (INDIA) PVT. LTD.

Mirae Asset Ultra Short Duration Fund Direct Payout of Income Distribution cum capital wdrl

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previously known as Mirae Asset Ultra Short Duration Dir DP until

NAV on May 14, 2024
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 1,464 cr
Turnover Ratio 342.99%
Expense Ratio 0.20%
Exit Load -
Returns
  • 1M: 0.60%
  • 1Y: 7.65%
  • 3M: 1.98%
  • 3Y: 5.85%
  • 6M: 3.87%
  • 5Y: N/A
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Basant Bafna (Since over 1 year)
ISIN INF769K01GJ8
Fund Family Mirae Asset
Launch Date October 07, 2020
Benchmark NIFTY Ultra Short Duration Debt TR INR
Avg. Maturity 0.51 years
Yield To Maturity (%) 7.73%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 87.73%
AA 12.27%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs NIFTY Ultra Short Duration Debt TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 1.691
Sharpe 1.013
Std Dev 0.528
Risk Low
INVESTMENT OBJECTIVE

The investment objective of the scheme is to generate regular income and provide liquidity by investing primarily in a portfolio comprising of debt & money market instruments.There is no assurance or guarantee that the investment objective of the scheme will be realized.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet

Top Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
511.019 7.73% 12,060 cr 0.39% Average
14.332 7.67% 4,651 cr 0.32% Below Average
27.483 7.64% 12,586 cr 0.39% Below Average
4175.791 7.58% 2,349 cr 0.43% High
14.219 7.55% 13,816 cr 0.36% Below Average
2642.433 7.52% 663 cr 0.24% Average
41.277 7.48% 13,375 cr 0.37% Below Average
Best Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
27.483 7.64% 12,586 cr 0.39% Below Average


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