What is the current price / NAV of Mirae Asset Ultra Short Duration Fund-Reg(IDCW)?
The current NAV of Mirae Asset Ultra Short Duration Fund-Reg(IDCW) is ₹1375.01, as of 29th April 2026.What are the returns of Mirae Asset Ultra Short Duration Fund-Reg(IDCW)?
The Mirae Asset Ultra Short Duration Fund-Reg(IDCW) was launched on 7th October 2020. This mutual fund's past returns are as follows:- 1 Year Returns: 6.38%
- 3 Year Returns: 7.18%
- 5 Year Returns: 6.18%
What are the top 5 sectoral holdings of Mirae Asset Ultra Short Duration Fund-Reg(IDCW)?
The top sectors Mirae Asset Ultra Short Duration Fund-Reg(IDCW) has invested in are as follows:- Public Banks | 47.44%
- Private Banks | 23.34%
- Miscellaneous | 7.72%
- Investment Banking & Brokerage | 6.32%
- Specialized Finance | 6.30%
What are the top 5 holdings of Mirae Asset Ultra Short Duration Fund-Reg(IDCW)?
The top 5 holdings for Mirae Asset Ultra Short Duration Fund-Reg(IDCW) are as follows:- TREPS | 7.72%
- Union Bank of India (MD 20/05/2026)**# | 6.03%
- Small Industries Development Bank of India (MD 03/06/2026)** | 5.12%
- Kotak Mahindra Bank Ltd. (MD 25/05/2026)**# | 4.52%
- Canara Bank (MD 03/06/2026)**# | 4.51%
What is the asset allocation of Mirae Asset Ultra Short Duration Fund-Reg(IDCW)?
The asset allocation for Mirae Asset Ultra Short Duration Fund-Reg(IDCW) is as follows:- Certificate of Deposit | 61.41%
- Commercial Paper | 15.73%
- Corporate Debt | 14.32%
- Cash & Equivalents | 7.87%
- N/A | 0.35%
What is the AUM of Mirae Asset Ultra Short Duration Fund-Reg(IDCW)?
The AUM (i.e. assets under management) of Mirae Asset Ultra Short Duration Fund-Reg(IDCW) is ₹1640.39 Cr as of 29th April 2026.What is the expense ratio of Mirae Asset Ultra Short Duration Fund-Reg(IDCW)?
The expense ratio of Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Plan is 0.44 as of 29th April 2026.What is the alpha ratio of Mirae Asset Ultra Short Duration Fund-Reg(IDCW)?
The alpha ratio for the Mirae Asset Ultra Short Duration Fund-Reg(IDCW) is 0.82
Alpha is the excess return of a fund compared to its expected return, based on its beta and the risk-free rate. Positive alpha indicates that the fund has outperformed its expected return, while negative alpha suggests underperformance.
What is the volatility or standard deviation of Mirae Asset Ultra Short Duration Fund-Reg(IDCW)?
The volatility or standard deviation for the Mirae Asset Ultra Short Duration Fund-Reg(IDCW) is 0.36
Standard deviation measures the volatility or risk associated with the returns of a mutual fund. A higher standard deviation indicates higher volatility, suggesting that the returns of the mutual fund are more spread out from the average. On the other hand, a lower standard deviation implies lower volatility and a more stable performance.
What is the sharpe ratio of Mirae Asset Ultra Short Duration Fund-Reg(IDCW)?
The Sharpe ratio for the Mirae Asset Ultra Short Duration Fund-Reg(IDCW) is 6.51
The Sharpe ratio is a measure of risk-adjusted return that evaluates the performance of a mutual fund, by adjusting for its risk. Higher Sharpe ratio indicates a better risk-adjusted performance. A positive Sharpe ratio indicates that the MF has provided a return in excess of the risk-free rate for the amount of risk taken. Conversely, a negative Sharpe ratio suggests that the MF did not adequately compensate for the risk.
What is the Sortino ratio of Mirae Asset Ultra Short Duration Fund-Reg(IDCW)?
The Sortino Ratio for the Mirae Asset Ultra Short Duration Fund-Reg(IDCW) is 0.93
The Sortino ratio of a mutual fund is a measure of its risk-adjusted return, considering only downside volatility. It helps investors evaluate how well a fund is performing relative to its downside risk. A higher Sortino ratio (value >1) means the fund generates better returns for the downside risk taken.
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Standard IDCW
Scorecard
Performance
HighThe creamy layer - amongst the top performing Mutual Funds
Risk
AvgAverage risk vs others in sub-category
Cost
LowExpense that wouldn't create any worry
Composition
AvgAverage allocation strategy, nothing exciting
Red flags
LowWe got you covered, no major red flags identified
How to use scorecard? Learn more
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Standard IDCW
IDCWRegular
₹1,375.010.01% (-0.09)
High
—
—
Low
—
—
Returns
0.00%
0.00%
1M
6M
1Y
3Y
5Y
Max
SIP
1M
6M
1Y
3Y
5Y
Max
SIP
Scorecard
Performance
HighThe creamy layer - amongst the top performing Mutual Funds
Risk
AvgAverage risk vs others in sub-category
Cost
LowExpense that wouldn't create any worry
Composition
AvgAverage allocation strategy, nothing exciting
Red flags
LowWe got you covered, no major red flags identified
How to use scorecard? Learn more
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Performance & Key Metrics
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Performance & Key Metrics
| Expense RatioExpense Ratio | No LabelNo Label | No LabelNo Label |
|---|---|---|
| 0.44 | 7.44 | 6.51 |
| No LabelNo Label | No LabelNo Label | No LabelNo Label |
|---|---|---|
| 0.59 | 7.57 | 5.93 |
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Scheme InfoMirae Asset Ultra Short Duration Fund-Reg(IDCW) Scheme Info
| PlanPlan | Lock inLock in | Exit LoadExit Load |
|---|---|---|
| IDCW | 0 yrs | 0.00% |
| SIP Inv.SIP Inv. | Min. LumpsumMin. Lumpsum |
|---|---|
| Allowed | ₹ 5,000 |
| BenchmarkBenchmark |
|---|
| NIFTY Ultra Short Duration Debt Index |
About Ultra Short Duration Fund
About Ultra Short Duration Fund
Ultra short duration funds are debt funds that lend to companies for a short duration of 3 to 6 months. They are very low-risk funds.
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Portfolio
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Asset Allocation
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Asset Allocation
Actual
Target
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Sector Distribution
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Sector Distribution
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Sector Weightage
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Sector Weightage
Public Banks
Public Banks as a % of total holdings for last six quarters
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Current Holdings
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Current Holdings
Debt
Others
- ConstituentHolding Weight3M Change
Holdings
6.03 %
1.31 %Holdings
5.12 %
3.47 %Holdings
4.52 %
4.52 %
AMC Profile of Mirae Asset Ultra Short Duration Fund-Reg(IDCW)
AMC Profile of Mirae Asset Ultra Short Duration Fund-Reg(IDCW)
Mirae Asset Financial Group is one of the key players in the Asian financial market. Its asset management wing, the Mirae Asset Global Investments, commenced operation in 1997 and has expanded its business globally in a relatively short span of time.
Mirae Asset Financial Group is one of the key players in the Asian financial market. Its asset management wing, the Mirae Asset Global Investments, commenced operation in 1997 and has expanded its business globally in a relatively short span of time.
No.of Schemes
56
Total AUM
₹ 1,85,148.71 Cr.
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Manager Details
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Manager Details
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Manager Profile
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Manager Profile
Basant Bafna
AUM: ₹20,231.60 Cr.
|
Exp: —
Qualification
Data not available
Past Experience
Data not available
Funds Managed (44)
Debt (24)
6.63%
6.63%
7.43%
7.43%
0.13%
0.13%
4.04%
4.04%
6.42%
6.42%
1.08%
1.08%
4.88%
4.88%
7.27%
7.27%
0.19%
0.19%
5.43%
5.43%
6.35%
6.35%
1.02%
1.02%
6.29%
6.29%
7.25%
7.25%
0.14%
0.14%
-0.05%
-0.05%
-0.02%
-0.02%
0.17%
0.17%
-0.09%
-0.09%
-0.03%
-0.03%
0.17%
0.17%
0.66%
0.66%
0.39%
0.39%
0.17%
0.17%
-0.16%
-0.16%
-0.03%
-0.03%
0.17%
0.17%
0.45%
0.45%
0.32%
0.32%
0.83%
0.83%
-0.06%
-0.06%
-0.02%
-0.02%
0.83%
0.83%
-0.64%
-0.64%
-0.03%
-0.03%
0.83%
0.83%
-0.15%
-0.15%
-0.03%
-0.03%
0.83%
0.83%
6.63%
6.63%
7.43%
7.43%
0.13%
0.13%
6.38%
6.38%
7.18%
7.18%
0.44%
0.44%
4.88%
4.88%
7.27%
7.27%
0.19%
0.19%
5.43%
5.43%
6.35%
6.35%
1.02%
1.02%
4.04%
4.04%
6.42%
6.42%
1.08%
1.08%
6.29%
6.29%
7.25%
7.25%
0.14%
0.14%
0.66%
0.66%
0.39%
0.39%
0.17%
0.17%
-0.09%
-0.09%
-0.03%
-0.03%
0.17%
0.17%
0.45%
0.45%
0.32%
0.32%
0.83%
0.83%
-0.64%
-0.64%
-0.03%
-0.03%
0.83%
0.83%
6.38%
6.38%
7.18%
7.18%
0.44%
0.44%
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Manager Performance (0)
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Manager Performance (0)
Debt: Ultra Short Duration Fund
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Tax Implications
Mirae Asset Ultra Short Duration Fund-Reg(IDCW) Tax Implications
Let’s calculate your returns after tax
Investment frequency
Monthly
One Time
Monthly Investment Amt. (₹)
Investment period (years)
CAGR (%)
This CAGR is calculated based on the actual past return given by the fund during the selected investment period. This is the annualised growth rate assuming monthly compounding.
Historical
Income
As per the tax implications, in some cases, tax on MF returns depends on your annual income slab
₹10 Lakh - ₹12 Lakh
+
-
You make
Gains are added to taxable income and taxed according to the individual’s income tax slab
Gains are added to taxable income and taxed according to the individual’s income tax slab
Gains are treated as long-term capital gains and taxed at 12.5%