Mirae Asset Ultra Short-Term Fund Direct Growth
- Fund size
- ₹1,666 Cr
- Launched
- 8 Oct 2020
- Volatility (3Y)
- 0.4%
- Worst fall (5Y)
- -0.2%
NAV history
Returns
| Period | Return | Type |
|---|---|---|
| 1 month | +0.48% | Absolute |
| 6 months | +3.74% | Absolute |
| 1 year | +6.71% | CAGR |
| 3 years | +7.43% | CAGR |
| 5 years | +6.73% | CAGR |
| 10 years | — | Not enough history |
| Since launch | +6.23% | CAGR · from 8 Oct 2020 |
CAGR = annualised return. Periods under a year are absolute. Returns are NAV-based and before any exit load or tax.
If you had started a ₹10,000 SIP
- Invested
- ₹3,60,000
- Value today
- ₹3,99,453
- XIRR
- +7.21%
- Invested
- ₹6,00,000
- Value today
- ₹7,16,097
- XIRR
- +7.21%
Assumes ₹10,000 invested on the first NAV date of every month. Try your own numbers in the SIP calculator.
Top holdings
As of Aug 2026 · 49 holdings · top 10 = 34.4%| Company | Sector | Weight |
|---|---|---|
| HDFC Bank | Debt | 6.65% |
| Punjab National Bank | Debt | 5.88% |
| 8.55% Motilal Oswal Home Finance Limited 2027 | Debt | 3.63% |
| National Bank For Agriculture and Rural Development | Debt | 3.51% |
| 7.64% REC | Debt | 2.66% |
| Power Finance Corporation | Debt | 2.43% |
| 8.33% Tata Projects Ltd. (MD 24/06/2027) | Debt | 2.42% |
| 7.22% Export-Import Bank of India (MD 03/08/2027) | Debt | 2.42% |
| Cholamandalam Investment and Finance Company Ltd (27/02/2029) (FRN) | Debt | 2.42% |
| Mahindra & Mahindra Financial Services | Debt | 2.41% |
| Small Industries Development Bank of India (04/12/2026) | Debt | 2.38% |
| Export Import Bank of India | Debt | 2.36% |
| Tata Capital Housing Finance Ltd. (MD 03/02/2027) | Debt | 2.35% |
| Indian Bank | Debt | 2.35% |
| National Bank For Agriculture and Rural Development | Debt | 2.33% |
About this fund
An ultra short duration fund holds debt with a portfolio duration of 3–6 months.
SEBI category: Income/Debt Oriented Schemes - Ultra Short Term Fund · ISIN INF769K01GK6
Other ultra short duration funds
Is this fund right for you?
Past returns are one input. Whether a fund fits depends on your goals, horizon, taxes and what you already hold. Sulekha Sen reviews that with you — fee-only.
Book a free 30-min call →Mutual fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns. NAV data: AMFI, via the open TigZig MF NAV API, as of 5 Oct 2026. Fund size: AMFI quarterly average AUM. Holdings: each AMC’s SEBI-mandated monthly portfolio disclosure. Shown for information only — not a recommendation to buy, sell or hold any scheme.