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

Mirae Asset Ultra Short Duration Fund Regular Growth

Mirae Asset Mutual Fund

#1 of 27 (1Y)

₹1379.1360

1.16 (+0.08%)

NAV as of 29 May 2026

Today's NAV — all variants

Regular · Growth

₹₹1379.1360

1.16 (+0.08%)

29 May 2026

AMFI: 148530

Direct · Growth

₹₹1397.1960

1.19 (+0.09%)

29 May 2026

AMFI: 148529

Regular · IDCW

₹₹1378.6357

1.16 (+0.08%)

29 May 2026

AMFI: 148531

Direct · IDCW

₹₹1396.7849

1.19 (+0.09%)

29 May 2026

AMFI: 148532

Returns (Lumpsum)

CAGR for periods ≥ 1 year
1 Week-0.02%
1 Month+0.25%
3 Months+1.41%
6 Months+2.77%
1 Year+6.19%
3 Years (CAGR)+7.08%
5 Years (CAGR)+6.17%
10 Years (CAGR)
Since Inception (Oct 2020)+5.88%

SIP Returns (XIRR)

₹1,000/month SIP, annualised
1 Year SIP+5.87%
3 Year SIP+6.86%
5 Year SIP+6.73%
Since Inception (Oct 2020)+6.57%

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹33,500

Invested

₹40,299

Value today

6.6%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹1,379

Value today

5.9%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

Try Lumpsum Calculator

₹10L corpus with ₹5,000/month withdrawals since inception

Corpus is still growing despite monthly payouts

₹10,00,000

Initial corpus

₹3,35,000

Withdrawn

₹9,76,150

Corpus left

+₹3,11,150 net gain — withdrew ₹3,35,000 AND corpus grew

Plan your SWP with real NAV

₹1 lakh on the worst crash day — 03 Jun 2024

Worst single-day Nifty drop during this fund's life

₹1,00,000

Invested

₹1,14,186

Value today

1.1×

Multiple

Staying invested through that crash turned ₹1L into ₹1,14,186 — a 1.1× return

Read: Staying invested through crashes

Direct vs Regular — ₹500/month over 5 years

Expense ratio drag on your actual returns

Direct plan

₹36,435

Regular plan

₹36,200

Direct earns ₹235 more on a ₹30K investment0.16% extra return per year

Same fund, same NAV history — only the expense ratio differs. Direct plans always outperform Regular over time.

Learn about Direct vs Regular plans

Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryUltra Short Duration
Plan Typeregular
Optiongrowth
AUM₹1,867 Cr
Expense Ratio0.46%
Min SIP₹500
Min Lumpsum₹1,000
BenchmarkNIFTY Ultra Short Duration Debt Index
Launch Date07 Oct 2020
AMFI Code148530

Risk Metrics

Trailing 1 year, annualised

1.53

Sharpe Ratio

Alpha

Beta

2.21

Sortino

0.37%

Std Dev

-0.04%

Max Drawdown

Portfolio Holdings

Top 47 holdings · as of Mar 2026

Equity25 holdings · 44.0%
Security% NAV

Kotak Mahindra Bank Ltd. (MD 25/05/2026)**#

INE237AD6083

4.52%

Axis Bank Ltd. (MD 12/06/2026)#

INE238AD6AU5

3.00%

Angel One Ltd. (MD 05/06/2026)**

INE732I14DB8

3.00%

Muthoot Finance Ltd. (MD 08/09/2026)**

INE414G14UT3

2.95%

HDFC Bank Ltd. (MD 14/12/2026)#

INE040A16IJ0

2.90%

Tata Capital Housing Finance Ltd. (MD 03/02/2027)**

INE033L14OQ0

2.87%

HDFC Bank Ltd. (MD 24/02/2027)**#

INE040A16IO0

2.86%

Kotak Mahindra Bank Ltd. (MD 12/02/2027)**#

INE237AD6141

2.70%

7.77% HDFC Bank Ltd. (MD 28/06/2027)**

INE040A08823

1.53%

7.27% Indian Railway Finance Corporation Ltd. (MD 15/06/2027)**

INE053F07AB5

1.52%

7.05% Embassy Office Parks Reit (MD 18/10/2026)**

INE041007084

1.52%

7.60% Torrent Pharmaceuticals Ltd. (MD 19/01/2029)**

INE685A07157

1.51%

7.30% Shriram Pistons & Rings Ltd. (MD 23/08/2027)**

INE526E07015

1.51%

Embassy Office Parks Reit (MD 16/06/2026)**

INE041014072

1.50%

IDBI Bank Ltd. (MD 05/06/2026)**#

INE008A16Y80

1.50%

HDFC Bank Ltd. (MD 06/11/2026)**#

INE040A16HU9

1.46%

HDFC Bank Ltd. (MD 22/01/2027)**#

INE040A16IK8

1.44%

ICICI Bank Ltd. (MD 12/02/2027)**#

INE090AD6287

1.43%

7.75% Kotak Mahindra Prime Ltd. (MD 19/11/2027)**

INE916DA7SX8

1.22%

8.14% Kotak Mahindra Prime Ltd. (MD 10/02/2027)**

INE916DA7SR0

0.92%

9.95% Indostar Capital Finance Ltd. (MD 26/06/2026)**

INE896L07AH2

0.61%

9.95% Indostar Capital Finance Ltd. (MD 27/05/2026)**

INE896L07AI0

0.61%

8.75% Piramal Finance Ltd. (MD 29/10/2027)**

INE202B07JW4

0.61%

Birla Group Holding Pvt. Ltd. (MD 22/05/2026)**

INE09OL14HG3

0.30%

7.35% NTPC Ltd. (MD 17/04/2026)**

INE733E08247

0.03%
Debt21 holdings · 55.4%
Security% NAV

TREPS

TREP02042026

7.71%

Union Bank of India (MD 20/05/2026)**#

INE692A16KF2

6.03%

Small Industries Development Bank of India (MD 03/06/2026)**

INE556F14LT2

5.12%

Canara Bank (MD 03/06/2026)#

INE476A16F60

4.51%

Bank of Baroda (MD 03/06/2026)#

INE028A16KG7

4.51%

Union Bank of India (MD 25/06/2026)**#

INE692A16JQ1

4.49%

National Bank for Agriculture and Rural Development (MD 17/02/2027)**#

INE261F16AK6

3.44%

Canara Bank (MD 15/06/2026)**#

INE476A16F52

3.00%

Small Industries Development Bank of India (MD 18/02/2027)**#

INE556F16CB4

2.29%

7.43% Small Industries Development Bank of India (MD 31/08/2026)**

INE556F08KH1

1.52%

Bank of Baroda (MD 15/06/2026)#

INE028A16JU0

1.50%

Export-Import Bank of India (MD 11/11/2026)**#

INE514E16CN1

1.46%

Indian Bank (MD 29/05/2026)**#

INE562A16PR1

1.44%

National Bank for Agriculture and Rural Development (MD 02/03/2027)**#

INE261F16AM2

1.43%

Bank of Baroda (MD 12/02/2027)**#

INE028A16LI1

1.43%

National Bank for Agriculture and Rural Development (MD 17/03/2027)**#

INE261F16AP5

1.42%

National Bank for Agriculture and Rural Development (MD 18/03/2027)#

INE261F16AQ3

1.42%

7.55% Small Industries Development Bank of India (MD 22/09/2026)**

INE556F08KJ7

1.22%

Bank of Baroda (MD 05/06/2026)#

INE028A16KR4

0.60%

Small Industries Development Bank of India (MD 06/11/2026)**#

INE556F16BQ4

0.58%

8.19% State Government of Kerala (MD 19/12/2028)

IN2020180120

0.31%
Fund Units1 holding · 0.4%
Security% NAV

Corporate Debt Market Development Fund - Class A2#

INF0RQ622028

0.35%

Performance Comparison

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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