Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl

Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl

Debt

Mirae Mutual Fund

Low Duration

Get the latest NAV of Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹1013.48

NAV as on 01 Oct 2026

5.97%/per year

Since Inception

Absolute Gain%

▲▼

Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl Performance vs. Low Duration Index

Fund returns vs Benchmark returns vs Category Average returns as on (01-Oct-26)

The fund has consistently outperformed the benchmark (Low Duration Index) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.46%
1.28%
3.46%
6.08%
7.25%
6.76%
Low Duration Index
0.12%
0.89%
2.77%
5.14%
5.89%
5.45%
Low Duration Avg
0.25%
0.94%
2.83%
5.3%
6.87%
6.18%
Best in Low Duration
0.49%
1.45%
3.6%
6.39%
7.84%
6.95%
Worst in Low Duration
0.34%
1.17%
3.18%
5.71%
7.11%
6.39%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl
-
2,434Cr
0.22%
6.08%
7.25%
-0.36
1.38
1.26
2.91
-0.14
ICICI Prudential Savings Fund Weekly Reinvestment of Income Dist cum Cap Wdrl
-
22,337Cr
0.42%
7.81%
7.14%
0.03
--
--
1.15
0.49
Nippon India Low Duration Fund Daily Reinvestment Inc Dist cum Cap Wdrl
-
8,111Cr
0.38%
8.4%
6.96%
-0.32
--
--
1.68
0.72
Bandhan Low Duration Fund Periodic Reinvestment of Income Distribution cum cptl WdrlOpt
-
5,494Cr
0.34%
7.65%
6.49%
-0.89
--
--
0.14
-0.36
See all

Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl Returns Calculator

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Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl Asset Allocation

See fund asset allocation details as on (14-Sep-26)

Fund Distribution

as on (14-Sep-26)

AAA
87.1%
AA
12.9%
Cash allocation has gone down from 34.4% to 32.5%
Cash allocation has gone down from 34.4% to 32.5%
Debt allocation has gone up from 65.3% to 67.1%
Debt allocation has gone up from 65.3% to 67.1%

Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl Sector Allocation

See fund sector allocation details as on (14-Sep-26)

Sector Allocation

Corporate
59.3%
Government
20.5%
Cash Equivalent
20.2%

Top 2 Sectors in August were Corporate, Government

Aug'26

Corporate

67%

Government

20%

Jul'26

Corporate

65%

Government

20%

Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.22%
Benchmark
NIFTY Low Duration Debt TR INR
AUM₹2434 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5,000/₹99
Exit Load0%
Lock InNo Lock-in
TurnOver
430.66%
Risk
Risk meter
pointer
Low to Moderate Risk

About Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl

Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Basant Bafna. This fund is suitable to keep your money safe.

Key Parameters

  1. Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl has ₹2434 Cr worth of assets under management (AUM) as on Sep 2026 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl has given a CAGR return of 5.97% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.08%, 7.25% and 6.76% respectively.

Holdings

Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Small Industries Development Bank Of India, Knowledge Realty TRust, Rec Limited, Rec Limited, Poonawalla Fincorp Limited

Taxation

As it is a low duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl

The investment objective of the scheme is to seek to generate returns with a portfolio comprising of debt and money market instruments, such that Macaulay duration of the portfolio is between 6 months - 12 months. The Scheme does not guarantee any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl has no lock in period.

Fund Manager

Basant Bafna

Fund Manager of Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl, since 1 February 2024

Learn more about Mirae Mutual Fund
Parameters
Aug'26
Jul'26
Jun'26
AUM
₹ 2K Cr
₹ 2.1K Cr
₹ 2.1K Cr
  • AUM of the fund stands at 2K Cr as of Aug'26
  • AUM decreased by 41.5 Cr between Aug'26 and Jul'26

Frequently Asked Questions for Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl

How do I invest in Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl?

INDmoney makes it simple to invest in the Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl?

The NAV of the fund today is ₹1013.48. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl fund has generated a return of 6.08% in 1 year, 7.25% in 3 years, 6.76% in 5 years.

Who is the fund manager of Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl?

The fund managers are Basant Bafna.

What is the expense ratio of the fund?

The expense ratio is 0.22%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹2434 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Mirae Asset Ultra Short to Short Term Fund Direct Plan Quarterly Reinvestment of Inc Dis cumcptlwdrl?

The top 3 holdings of the fund are Small Industries Development Bank Of India(3.99%), Knowledge Realty TRust(3.3%), Rec Limited(3.19%)