What is the current price / NAV of Mirae Asset Ultra Short-Term Fund?
The current NAV of Mirae Asset Ultra Short-Term Fund is ₹1437.34, as of 16th October 2026.What are the returns of Mirae Asset Ultra Short-Term Fund?
The Mirae Asset Ultra Short-Term Fund was launched on 7th October 2020. This mutual fund's past returns are as follows:- 1 Year Returns: 6.57%
- 3 Year Returns: 7.38%
- 5 Year Returns: 6.72%
What are the top 5 sectoral holdings of Mirae Asset Ultra Short-Term Fund?
The top sectors Mirae Asset Ultra Short-Term Fund has invested in are as follows:- Public Banks | 41.48%
- Specialized Finance | 18.06%
- Consumer Finance | 14.34%
- Home Financing | 10.17%
- Private Banks | 5.37%
What are the top 5 holdings of Mirae Asset Ultra Short-Term Fund?
The top 5 holdings for Mirae Asset Ultra Short-Term Fund are as follows:- 8.55% Motilal Oswal Home Finance Ltd. (MD 07/01/2027)** | 4.15%
- National Bank for Agriculture and Rural Development (MD 26/02/2027)**# | 4.03%
- HDFC Bank Ltd. (MD 12/03/2027)**# | 4.02%
- Small Industries Development Bank of India (MD 25/03/2027)# | 4.01%
- 7.64% REC Ltd. (MD 30/04/2027) | 3.04%
What is the asset allocation of Mirae Asset Ultra Short-Term Fund?
The asset allocation for Mirae Asset Ultra Short-Term Fund is as follows:- Corporate Debt | 47.43%
- Certificate of Deposit | 40.27%
- Commercial Paper | 10.53%
- Treasury Bills | 3.50%
- N/A | 0.33%
What is the AUM of Mirae Asset Ultra Short-Term Fund?
The AUM (i.e. assets under management) of Mirae Asset Ultra Short-Term Fund is ₹1808.07 Cr as of 16th October 2026.What is the base expense ratio of Mirae Asset Ultra Short-Term Fund?
The base expense ratio of Mirae Asset Ultra Short-Term Fund Plan is 0.18 as of 16th October 2026.What is the alpha ratio of Mirae Asset Ultra Short-Term Fund?
The alpha ratio for the Mirae Asset Ultra Short-Term Fund is 0.95
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-Term Fund?
The volatility or standard deviation for the Mirae Asset Ultra Short-Term Fund is 0.49
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-Term Fund?
The Sharpe ratio for the Mirae Asset Ultra Short-Term Fund is 4.37
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-Term Fund?
The Sortino Ratio for the Mirae Asset Ultra Short-Term Fund is 0.60
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-Term Fund Direct Growth
Scorecard
Performance
HighThe creamy layer - amongst the top performing Mutual Funds
Risk
HighStay alerted, risk is higher vs others
Cost
AvgMarket standard costs, nothing exciting
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-Term Fund Direct Growth
Scorecard
Performance
HighThe creamy layer - amongst the top performing Mutual Funds
Risk
HighStay alerted, risk is higher vs others
Cost
AvgMarket standard costs, nothing exciting
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-Term Fund Performance & Key Metrics
Mirae Asset Ultra Short-Term Fund Performance & Key Metrics
| No LabelNo Label | Base Expense RatioBase Exp. Ratio | No LabelNo Label |
|---|---|---|
| 0.23 | 0.18 | 4.37 |
| No LabelNo Label | No LabelNo Label | No LabelNo Label |
|---|---|---|
| 0.59 | 3.97 | 7.54 |
Mirae Asset Ultra Short-Term Fund Scheme InfoMirae Asset Ultra Short-Term Fund Scheme Info
| PlanPlan | Lock inLock in Lock in Period Period before which your investment can't be withdrawn from the MF scheme | Exit LoadExit Load Exit Load The fee that the AMC charges investors at the time of exiting or redeeming their fund units. |
|---|---|---|
| Growth | 0 yrs | 0.00% |
| SIP Inv.SIP Inv. Sip Investment If SIP investments are allowed in the fund or not | Min. LumpsumMin. Lumpsum Minimum Lumpsum Inv Amount Minimum investment the AMC allows in the given scheme via lumpsum route |
|---|---|
| Allowed | ₹ 5,000 |
| BenchmarkBenchmark Benchmark Index Benchmark index wrt which performance of the fund is tracked |
|---|
| NIFTY Ultra Short Duration Debt Index |
About Ultra Short Term
About Ultra Short Term
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Mirae Asset Ultra Short-Term Fund Peers
Mirae Asset Ultra Short-Term Fund Peers & Comparison
DebtUltra Short Term
Returns
Scheme
Ratios
| Mutual Fund | 1Y Returns1Y Returns | 3Y CAGR3Y CAGR | Life CAGRLife CAGR |
|---|---|---|---|
| Mirae Asset Ultra Short-Term Fund | 6.57% | 7.38% | 6.20% |
| Aditya Birla SL Ultra Short Term Fund | 6.53% | 7.46% | 7.66% |
| HDFC Ultra Short Term Fund | 6.30% | 7.19% | 6.63% |
| Kotak Ultra Short Term Fund | 6.38% | 7.18% | 7.36% |
Mirae Asset Ultra Short-Term Fund Returns Comparison
Compare Mirae Asset Ultra Short-Term Fund with any MF, ETF, stock or index
Hmm, looks like data is unavailable here. Please come back after some timeMirae Asset Ultra Short-Term Fund Portfolio
Mirae Asset Ultra Short-Term Fund Asset Allocation
Mirae Asset Ultra Short-Term Fund Asset Allocation
Actual
Target
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Mirae Asset Ultra Short-Term Fund Sector Distribution
Mirae Asset Ultra Short-Term Fund Sector Distribution
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Mirae Asset Ultra Short-Term Fund Sector Weightage
Mirae Asset Ultra Short-Term Fund Sector Weightage
Mirae Asset Ultra Short-Term Fund Current Holdings
Mirae Asset Ultra Short-Term Fund Current Holdings
Debt
Others
- ConstituentHolding Weight3M Change
Holdings
4.15 %
4.15 %Holdings
4.03 %
4.03 %Holdings
4.02 %
4.02 %
AMC Profile of Mirae Asset Ultra Short-Term Fund
AMC Profile of Mirae Asset Ultra Short-Term Fund
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
58
Total AUM
₹ 2,16,523.81 Cr.
Mirae Asset Ultra Short-Term Fund Manager Details
Mirae Asset Ultra Short-Term Fund Manager Details
Mirae Asset Ultra Short-Term Fund Manager Profile
Mirae Asset Ultra Short-Term Fund Manager Profile
Qualification
CFA, FRM, MBA (Finance)
Past Experience
Mr. Basant Bafna has over 12 years of experience in the banking industry. Prior to this assignment, Mr. Basant Bafna worked as Chief Dealer and Assistant General Manager with Export-Import Bank of India.
Funds Managed (9)
Mirae Asset Ultra Short-Term Fund Manager Performance (0)
Mirae Asset Ultra Short-Term Fund Manager Performance (0)
