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Mutual FundsMirae Asset Ultra Short Duration Fund - Direct Plan - Growth
Mirae Asset Mutual Fund

Mirae Asset Ultra Short Duration Fund - Direct Plan - Growth

3 Year Absolute Returns

21.34%profit

NAV (₹) on 20 Dec 2024

1,268.2695

1 Day NAV Change

+0.17 %

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About Fund

Mirae Asset Ultra Short Duration Fund - Direct Plan - Growth is a Debt mutual fund scheme launched on 07 Oct 2020. Investors can begin their investment journey with a minimum SIP of ₹0 or a lumpsum investment of ₹5,000.

NAV

NIFTY50

Returns Calculator

Based on Annualised Returns

Investment Type


SIP Amount


Investment Period

3Y

18.95 L

3.50%

20.40 L

8.00%

19.97 L

6.66%

Savings Account
Regular Funds
This Fund on Dhan

Total Investment

18,00,000

Returns

1,97,368 (10.96%)

Maturity Value

19,97,368

Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.


Fund Details

Min. SIP Amount

0.00


Min. Lumpsum Amount

5,000.00


AUM

1,735.61 Cr


Expense Ratio

0.22 %


Lock-in Period

No Lock in Period


Inception Date

07 Oct 2020


Fund Age

4 Yrs


Benchmark

NIFTY Ultra Short Duration Debt Index A-I


Scheme Type

Open Ended


Stamp Duty

0.005% (from July 1st 2020)


Exit Load

  • Nil

Tax Implication

  • Returns to be taxed as per your normal Income Tax slab.

Asset Allocation

AUM

₹1,735.61 Cr

Cash Holding

-

Equity

-

Cash

-

Debt

-

Other

-


Sector Holdings

SectorsWeightage
No Data

No data to show right now!


Fund Comparison


Fund Managers

NA

Name

NA

Qualification

NA


Fund 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.


Risk-O-Meter

Investors understand that their principal will be at

Moderate Risk

Risk Scale

Low

Moderately Low

Moderate

Moderately High

High

Very High


AMC Information

Mirae Asset Investment Managers (India) Pv

Funds Managed

40

Assets Managed

₹ 1,85,644.51 Cr

Contact Details

Registered Address

locate

Unit 606,6th Flr,WindsorOff. CST Road,Kalina,Santacruz(E),Mumbai-400098


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FAQs

Mirae Asset Ultra Short Duration Fund was launched on 07 Oct 2020.
The current NAV of Mirae Asset Ultra Short Duration Fund is ₹1,268.2695 as of 20 Dec 2024.
The latest value of AUM of Mirae Asset Ultra Short Duration Fund is ₹1,735.61 crores as of 20 Dec 2024.
The return on investment of Mirae Asset Ultra Short Duration Fund is:
  • In the past 1Y: 7.90%
  • In the past 3Y: 6.66%
  • In the past 5Y: 0.00%
The expense ratio of Mirae Asset Ultra Short Duration Fund is 0.22%.
The exit load of Mirae Asset Ultra Short Duration Fund is as follows:
Nil
On the risk scale of Low, Moderately Low, Moderate, Moderately High, High and Very High, the risk-o-meter of Mirae Asset Ultra Short Duration Fund is Moderate.
The fund manager of Mirae Asset Ultra Short Duration Fund is NA.
If you wish to invest in Mirae Asset Ultra Short Duration Fund, the minimum SIP amount is ₹0 and Lumpsum is ₹5,000.
You can easily invest in mutual funds at 0% commission on Dhan. Here's how you can directly invest in Mirae Asset Ultra Short Duration Fund:
  • Open Demat Account on Dhan if you don't have one.
  • Analyze the fund performance.
  • Invest via SIP or Lumpsum.
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Mirae Asset Ultra Short Duration Fund

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