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Ultra Short Duration📊 NIFTY Ultra Short Duration Debt Index(SEBI default)

Mirae Asset Ultra Short Duration Fund · Regular · Growth

Mirae Asset Mutual Fund

#1 of 26 (1Y)

NAV

₹1395.4627

as of 15 Jul 2026

Expense Ratio

0.46%

AUM

₹1,867 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+6.21%
3Y
+7.14%
5Y
+6.32%
Since Inception
+5.94%

SIP returns (XIRR)

1Y
+6.43%
3Y
+6.97%
5Y
+6.86%
Since Inception
+6.66%

What history actually did — last 5 years (Jul 2021 – Jul 2026)

A ₹5,000 monthly SIP for the last 5 years (Jul 2021 – Jul 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹3,55,250 today ₹3,00,000 invested, 6.9% XIRR.

₹3,00,000

Invested

₹3,55,250

Value today

6.9%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 5 years (Jul 2021 – Jul 2026)

Real NAV backtest

₹1,00,000 invested 5 years ago would be ₹1,35,866 today (6.3% CAGR).

A regular withdrawal plan (SWP)

Real NAV backtest

A ₹10,00,000 corpus withdrawing ₹5,000/month since Jul 2021 would still hold ₹10,03,411.

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 5 years (Jul 2021 – Jul 2026) (3 Jun 2024) would be ₹1,15,504 today (1.16×).

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

1.61

Sharpe Ratio

Alpha

Beta

2.11

Sortino

0.43%

Std Dev

-0.11%

Max Drawdown

Performance Comparison

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryUltra Short Duration
BenchmarkNIFTY Ultra Short Duration Debt Index
Launch Date07 Oct 2020
AMFI Code148530
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹99
Exit LoadNIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Portfolio holdings

as of 31 May 2026
Holding% NAV

Investment Objective

Mirae Asset Ultra Short Duration Fund · Regular · Growth by Mirae Asset Mutual Fund is a Ultra Short Duration 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 Duration category.

About This Fund

Mirae Asset Ultra Short Duration Fund · Regular · Growth is a Ultra Short Duration mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 5 years. It manages assets worth ₹1,867 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY Ultra Short Duration Debt Index. The current expense ratio is 0.46%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations
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