Mirae Asset Ultra Short Duration Fund Direct Growth
Mirae Asset Ultra Short Duration Fund Direct Growth

Mirae Asset Ultra Short Duration Fund Direct Growth

Compare
Debt
Direct
Ultra Short Duration

NAV: ₹ 1091.4 as on 01-12-2022

Fund Performance
zero opening, trading, fund transfer fee
11 people have invested ₹ 19L in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
This Fund
0.6%
1.4%
2.7%
4.6%
Benchmark
0.5%
1.2%
2.5%
4.1%
About the Fund

Mirae Asset Ultra Short Duration Fund Direct Growth is a debt fund. This fund was started on  7 October, 2020. The fund is managed by Mahendra Jajoo. This fund is suitable to keep your money safe.

Key parameters

1) Mirae Asset Ultra Short Duration Fund Direct Growth has a NAV of 1091.4277 as on 01-12-2022.

2) Mirae Asset Ultra Short Duration Fund Direct Growth has 253 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 0.29 %.

Fund Overview

Expense ratio
Expense ratio
0.29%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹253 Cr
Inception Date
Inception Date
7 October, 2020
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
239.06%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
97.7%
AA
2.3%

Sector Allocation

Oct'22

Sep'22

Aug'22

Cash Equivalent

50.3%

Corporate

25.7%

Government

24%

Top Holdings

  • All
  • Debt & Cash
Total Holdings31
Debt Holdings31
Holdings
Weight%
Holdings Trend
1M Change
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Axis Bank Limited
5.83%
100%
icon
ICICI Bank Limited
5.69%
0%
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Indian Railway Finance Corporation Limited
4%
0%
icon
National Bank For Agriculture And Rural Development
3.97%
0%
icon
Grasim Industries Limited
3.95%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 8.5 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 247.9 Cr
Sep'22
₹ 239.4 Cr
Aug'22
₹ 237.6 Cr

Fund Returns vs Benchmark

Oct'22
0.39%
0.38%
Sep'22
0.34%
0.34%
Aug'22
0.51%
0.44%
Fund Return
Benchmark Return

Fund Manager

Mahendra Jajoo

Mahendra Jajoo

Managing this fund since 7 October 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Savings Fund Direct Plan Growth
5.01%
5.03%
Mirae Asset Equity Savings Fund Direct Growth
12.7%
8.98%
Mirae Asset Hybrid Equity Fund -Direct Plan-Growth
15.71%
15.08%

AMC details

Address
Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098
Phone
91-22-22-6780300
Fund House
Mirae Asset Investment Managers (India) Private Limited

Fund Highlights

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Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 4.15% since inception which is less than its category average return of 7%
AUM size ₹253 Cr

AUM size ₹253 Cr

This fund has AUM of ₹253 Cr which is less than its category average of ₹ 2819 Cr
Expense Ratio 0.29%

Expense Ratio 0.29%

This fund has an expense ratio of 0.29% which is less than its category average expense ratio of 0.6%

Frequently Asked Questions

The current NAV of Mirae Asset Ultra Short Duration Fund Direct Growth is 1090.18.
Existing (Absolute + CAGR)
Mirae Asset Ultra Short Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.59%
0.59%
6 Month Returns
2.72%
2.72%
1 Year Returns
4.56%
4.56%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.29 as on November 2022
253 Cr as on November 2022
6.91
0.3
AAA
97.74
AA
2.26
Mahendra Jajoo is the fund manager of Mirae Asset Ultra Short Duration Fund Direct Growth
The Exit load of Mirae Asset Ultra Short Duration Fund Direct Growth is 0%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.