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Ultra Short to Short Term📊 NIFTY Low Duration Debt Index(SEBI default)

Mirae Asset Ultra Short to Short Term Fund · Regular · Growth

Mirae Asset Mutual Fund

#16 of 29 (1Y)

NAV

₹2422.8937

as of 29 Sept 2026

Expense Ratio

0.87%

AUM

₹2,233 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+5.58%
3Y
+6.73%
5Y
+5.96%
Since Inception
+4.88%

SIP returns (XIRR)

1Y
+5.67%
3Y
+6.42%
5Y
+6.42%
Since Inception
+5.77%

Returns calculated from 16 October 2008 onwards due to a structural change in the scheme on that date. Earlier NAV history is preserved but excluded from multi-year return calculations. Periods spanning this date show —.

What history actually did — last 10 years (Sept 2016 – Sept 2026)

A ₹5,000 monthly SIP for the last 10 years (Sept 2016 – Sept 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹8,11,232 today — ₹6,00,000 invested, 5.9% XIRR.

₹6,00,000

Invested

₹8,11,232

Value today

5.9%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 10 years (Sept 2016 – Sept 2026)

Real NAV backtest

₹1,00,000 invested 10 years ago would be ₹1,76,896 today (5.9% CAGR).

A regular withdrawal plan (SWP)

Real NAV backtest

A ₹10,00,000 corpus withdrawing ₹5,000/month since Sept 2016 would still hold ₹9,57,729.

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 10 years (Sept 2016 – Sept 2026) (22 Mar 2020) would be ₹1,45,799 today (1.46×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

-0.09

Sharpe Ratio

—

Alpha

—

Beta

-0.09

Sortino

0.60%

Std Dev

-0.27%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryUltra Short to Short Term
BenchmarkNIFTY Low Duration Debt Index
Launch Date06 Mar 2008
AMFI Code107705
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹99
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Portfolio holdings

as of 31 Aug 2026
Holding% NAV

What this fund does

Mirae Asset Ultra Short to Short Term Fund · Regular · Growth by Mirae Asset Mutual Fund is a Ultra Short to Short Term fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Ultra Short to Short Term category.

About This Fund

Mirae Asset Ultra Short to Short Term Fund · Regular · Growth is a Ultra Short to Short Term mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 18 years. It manages assets worth ₹2,233 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY Low Duration Debt Index. The current expense ratio is 0.87%.

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