MI
Mirae Asset Ultra Short-Term Fund Direct Growth
Latest NAV
+6.71% 1Y
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Benchmark: NIFTY Ultra Short Duration Debt Index A-I
Expense ratio
0.23%
AUM
₹2,182 Cr
Min SIP
₹99
Min lump sum
₹5,000
1Y
+6.71%
3Y (ann.)
+7.45%
5Y (ann.)
+6.72%
Launched
Oct 2020
Where the NAV sits & how risky it is
₹1,435.41
52-week range
at 100%
₹1,435.41
Low 06 Oct 2025₹1,346.68
High 01 Oct 2026₹1,435.41
Risk level
Moderate
Low
Very high
NAV history
08 Oct 2020
Since inception
01 Oct 2026
Returns by period
1W
+0.16%
1M
+0.56%
3M
+1.54%
6M
+3.76%
1Y
+6.71%
3Y
+7.45%
5Y
+6.72%
3Y and 5Y returns are annualised.
Return calculator
You invest
—
Est. gain
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Est. value
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Invested Gain
Invested
Projected value
min SIP ₹99
Estimate only. It assumes the selected past return repeats every year; 3Y and 5Y figures are taken as annualised. Actual returns vary and are not guaranteed.
Where your money goes
Sector allocation is published for schemes that buy shares directly. This is a debt scheme.
About this scheme
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.
Fund manager(s): Basant Bafna
Exit load: No charges for withdrawal
Scheme snapshot
VR Rating
MS Rating
Plan
Growth
Type
DIRECT
Inception
07 Oct 2020
Lump-sum min
₹5,000
SIP
Purchase
Switch
STP
SWP
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