Mirae Asset Ultra Short Duration Fund Direct Growth
Get the latest NAV of Mirae Asset Ultra Short Duration Fund Direct Growth. 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.
₹1324.10
▲0.1%1D
NAV as on 01 Jul 2025
6.11%/per year
Since Inception
▲▼
127 people have invested ₹ 1.7Cr in Mirae Asset Ultra Short Duration Fund Direct Growth in the last three months
Fund Performance
as on (01-Jul-25)
Peer comparison
Mirae Asset Ultra Short Duration Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mirae Asset Ultra Short Duration Fund Asset Allocation
See fund asset allocation details as on (14-Jun-25)
Fund Distribution
as on (14-Jun-25)
Debt & Cash 99.8%
Mirae Asset Ultra Short Duration Fund Sector Allocation
See fund sector allocation details as on (14-Jun-25)
Sector Allocation
Debt & Cash 99.8%
Top 2 Sectors in May were Corporate, Government
Corporate
50%
Government
12%
Corporate
50%
Government
14%
Mirae Asset Ultra Short Duration Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.16% |
Benchmark | NIFTY Ultra Short Duration Debt TR INR |
| AUM | ₹1748 Cr |
| Inception Date | 7 October, 2020 |
| Min Lumpsum/SIP | ₹5000/₹99 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 339% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
About Mirae Asset Ultra Short Duration 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 . This fund is suitable to keep your money safe.
Key Parameters
- Mirae Asset Ultra Short Duration Fund Direct Growth has ₹1748 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
- The fund has an expense ratio 0.2.
Returns
Mirae Asset Ultra Short Duration Fund Direct Growth has given a CAGR return of 6.11% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.12% and 7.46% respectively.
Holdings
Mirae Asset Ultra Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are LIC Housing Finance Ltd., 182 Days Tbill, HDFC Bank Limited, Axis Bank Limited, Kotak Mahindra Bank Limited
Taxation
As it is a ultra short 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 Duration Fund Direct Growth
The investment objective of the scheme is to generate regular income and provide liquidity by investing primarily in a portfolio comprising of debt & money market instruments.There is no assurance or guarantee that the investment objective of the scheme will be realized.
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 Duration Fund Direct Growth has no lock in period.
- AUM of the fund stands at 1.8K Cr as of May'25
- AUM increased by 99.3 Cr between May'25 and Apr'25
More funds from Mirae
1Y CAGR
▲ 10.34
5Y CAGR
▲ 6.48
3Y CAGR
▲ 7.78
3Y CAGR
▲ 7.72
Frequently Asked Questions for Mirae Asset Ultra Short Duration Fund Direct Growth
How do I invest in Mirae Asset Ultra Short Duration Fund?
- Download the INDmoney app.
- Search for ‘Mirae Asset Ultra Short Duration Fund’.
- 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.