• 1 Year Returns: 6.42%
• 3 Year Returns: 7.16%
• 5 Year Returns: 6.49%

• Public Banks | 41.48%
• Specialized Finance | 18.06%
• Consumer Finance | 14.34%
• Home Financing | 10.17%
• Private Banks | 5.37%

• 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%

• Corporate Debt | 47.43%
• Certificate of Deposit | 40.27%
• Commercial Paper | 10.53%
• Treasury Bills | 3.50%
• N/A | 0.33%

The alpha ratio for the Mirae Asset Ultra Short-Term Fund-Reg(IDCW) is 0.86

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.

The volatility or standard deviation for the Mirae Asset Ultra Short-Term Fund-Reg(IDCW) is 0.48

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.

The Sharpe ratio for the Mirae Asset Ultra Short-Term Fund-Reg(IDCW) is 4.17

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.

The Sortino Ratio for the Mirae Asset Ultra Short-Term Fund-Reg(IDCW) is 0.56

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.