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Mirae Asset Ultra Short Duration Fund Direct Growth

Mirae Asset Ultra Short Duration Fund Direct Growth

NAV ₹1,356.10 as on 17 Nov 2025

RiskModerate

Fund Size₹1,787.75Cr

NAV	₹1,356.10 as on 17 Nov 2025
Risk	Moderate
Fund Size	₹1,787.75Cr

Investment Details

Lock-in

No Lock-in

Min One Time Amount

₹5,000

Min Withdrawal Amount

₹-

Min SIP Amount

₹99

Min Additional Amount

₹1,000

Exit Load

Nil

Basic Details

Age

5 years 1 months (Since Oct 07, 2020)

Return since Launch

6.14%

Expense ratio

0.17%

Type

OPEN

AUM (Fund Size)

₹1,787.75

Risk Grade

Moderate

Benchmark

NIFTY Ultra Short Duration Debt Index A-I

Calculate Your Returns

Select Duration

Choose Amount

₹

Returns

Total investment of ₹2,40,000

Would have become ₹61,949 (+209.74%)

Fund Manager

Name:

Basant Bafna

Experience:

Mr. Basant Bafna has over 12 years of experience in the banking industry. Prior to this assignment, Mr. Basant Bafna worked as Chief Dealer and Assistant General Manager with Export-Import Bank of India.

Asset Allocation

Currently, data not available

See All

HDFC Bank 8.18%

Axis Bank 7.64%

Kotak Mah. Bank 6.80%

Indian Bank 6.80%

TBILL-364D 6.35%

S I D B I 6.05%

Bank of Baroda 5.50%

Union Bank (I) 5.44%

TREPS 5.07%

N A B A R D 4.22%

TBILL-182D 4.19%

Power Fin.Corpn. 4.16%

Angel One 4.14%

S I D B I 3.55%

M & M Fin. Serv. 3.09%

N A B A R D 3.02%

Credila Fin 1.95%

Cholaman.Inv.&Fn 1.68%

LIC Housing Fin. 1.46%

I R F C 1.41%

Bajaj Housing 1.40%

Embassy Off.REIT 1.40%

Indostar Capital 1.39%

E X I M Bank 1.37%

Sundaram Finance 1.36%

Embassy Off.REIT 1.34%

Indostar Capital 1.13%

Piramal Finance. 1.12%

IIFL Finance 0.84%

HDB FINANC SER 0.57%

Kerala 2028 8.19 0.29%

CDMDF (Class A2) 0.27%

Birla Group 0.27%

Net CA & Others -3.46%

See All

Scheme Holding Summary

Debt Others

89.17%

T Bills

10.54%

Govt. Securities

0.29%

See All

Debt Others

HDFC Bank Ltd

8.18%

Axis Bank Ltd

7.64%

Kotak Mahindra Bank Ltd

6.80%

Indian Bank

6.80%

Small Industries Development Bank of India Ltd

6.05%

Bank of Baroda

5.50%

Union Bank of India

5.44%

National Bank for Agriculture & Rural Development

4.22%

Power Finance Corporation Ltd

4.16%

Angel One Ltd

4.14%

Small Industries Development Bank of India Ltd

3.55%

Mahindra & Mahindra Financial Services Ltd

3.09%

National Bank for Agriculture & Rural Development

3.02%

Credila Financial Services Ltd

1.95%

Cholamandalam Investment & Finance Company Ltd

1.68%

LIC Housing Finance Ltd

1.46%

Indian Railway Finance Corporation Ltd

1.41%

Bajaj Housing Finance Ltd

1.40%

Embassy Office Parks REIT

1.40%

Indostar Capital Finance Ltd

1.39%

Export-Import Bank of India

1.37%

Sundaram Finance Ltd

1.36%

Embassy Office Parks REIT

1.34%

Indostar Capital Finance Ltd

1.13%

Piramal Finance Ltd

1.12%

IIFL Finance Ltd

0.84%

HDB Financial Services Ltd

0.57%

Birla Group Holdings Pvt Ltd

0.27%

T Bills

Govt. Securities

See All

Riskometer

Level of risk in the scheme

Moderate

High

Low

Very
High

Your investment will be at Moderate Risk

Fund house & investment objective

MIRAE ASSET MANAGEMENT

Rank (total assets)	#10 in India
Total AUM	₹2,15,433.54Cr

Date of Incorporation	20 Nov 2006

Mirae Asset Ultra Short Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 07 Oct 2020. The fund currently has an Asset Under Management(AUM) of ₹2,15,433.54 Cr and the Latest NAV as of 17 Nov 2025 is ₹1,356.10.
The Mirae Asset Ultra Short Duration Fund Direct Growth is rated Moderate. Minimum SIP Investment is set to ₹99 . Minimum Lumpsum Investment is ₹5,000. Exit load of Nil.

Returns and Rankings

Category: Debt Ultra Short Duration Fund

Annualised returns

Absolute returns

	1Y	3Y	5Y	All
Fund returns	7.64%	2.47%	1.20%	1.20%
Category average	6.78%	2.24%	1.12%	-
Rank within category	8	7	8	-

FAQ’s

What kind of returns does Mirae Asset Ultra Short Duration Fund Direct Growth provide?

Mirae Asset Ultra Short Duration Fund Direct Growth has given a return of 7.59% in the past 3 years.

What is the expense ratio charged by Mirae Asset Ultra Short Duration Fund Direct Growth?

The Expense Ratio charged by Mirae Asset Ultra Short Duration Fund Direct Growth is 0.17%.

What is the AUM size of Mirae Asset Ultra Short Duration Fund Direct Growth?

The AUM size of Mirae Asset Ultra Short Duration Fund Direct Growth is ₹1,787.75Cr.

What is the minimum SIP amount that you can invest in Mirae Asset Ultra Short Duration Fund Direct Growth?

₹99 is the minimum SIP amount that you can invest in Mirae Asset Ultra Short Duration Fund Direct Growth .

What are the top stock holdings of Mirae Asset Ultra Short Duration Fund Direct Growth?

The top stock holdings of Mirae Asset Ultra Short Duration Fund Direct Growth include , HDFC Bank Ltd , Axis Bank Ltd , Kotak Mahindra Bank Ltd and Indian Bank.

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Get started with us today and
start building your wealth journey

*By clicking, I agree to the T&C and Whatsapp updates.

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Mirae Asset Ultra Short Duration Fund Direct Growth

Open FREE
3-in-1 Account

Start SIPs at just
₹100

Debt Others

T Bills

Govt. Securities

Debt Others

T Bills

Govt. Securities

Category: Debt Ultra Short Duration Fund

FAQ’s

What kind of returns does Mirae Asset Ultra Short Duration Fund Direct Growth provide?

What is the expense ratio charged by Mirae Asset Ultra Short Duration Fund Direct Growth?

What is the AUM size of Mirae Asset Ultra Short Duration Fund Direct Growth?

What is the minimum SIP amount that you can invest in Mirae Asset Ultra Short Duration Fund Direct Growth?

What are the top stock holdings of Mirae Asset Ultra Short Duration Fund Direct Growth?

Mirae Asset Ultra Short Duration Fund Direct Growth

Open FREE 3-in-1 Account

Start SIPs at just ₹100

Debt Others

T Bills

Govt. Securities

Debt Others

T Bills

Govt. Securities

Category: Debt Ultra Short Duration Fund

FAQ’s

What kind of returns does Mirae Asset Ultra Short Duration Fund Direct Growth provide?

What is the expense ratio charged by Mirae Asset Ultra Short Duration Fund Direct Growth?

What is the AUM size of Mirae Asset Ultra Short Duration Fund Direct Growth?

What is the minimum SIP amount that you can invest in Mirae Asset Ultra Short Duration Fund Direct Growth?

What are the top stock holdings of Mirae Asset Ultra Short Duration Fund Direct Growth?

Open FREE
3-in-1 Account

Start SIPs at just
₹100