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Mirae Asset Ultra Short Duration Fund Regular Growth

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Category: Debt: Ultra Short Duration
Launch Date: 05-10-2020
Asset Class: Fixed Income
Benchmark: Nifty Ultra Short Duration Debt Index A-I
Expense Ratio: 0.47% As on (31-07-2024)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 1,531.92 Cr As on (31-07-2024)
Turn over: -
NAV as on 06-09-2024

1230.8263

0.19 (0.0156%)

CAGR Since Inception

5.44%

PERFORMANCE of Mirae Asset Ultra Short Duration Fund Regular Growth

Scheme Performance (%)

Data as on - 06-09-2024

Yearly Performance (%)

Fund Managers

Basant Bafna

Investment Objective

The scheme seeks to generate regular income and provide liquidity by investing primarily in a portfolio comprising of debt & money market instruments.

MONTHLY LUMPSUM RETURNS ( Invested amount 1,00,000)

Show All Monthly Lumpsum Returns
NAV Date NAV Units Market
Value		 Returns
(%)
08-10-2020 1000.2173 99.9783 100000 0.0 %
09-11-2020 1003.7414 99.9783 100352 0.35 %
08-12-2020 1006.5282 99.9783 100631 0.63 %
08-01-2021 1009.3064 99.9783 100909 0.91 %
08-02-2021 1010.7035 99.9783 101048 1.05 %
08-03-2021 1013.3034 99.9783 101308 1.31 %
08-04-2021 1017.074 99.9783 101685 1.69 %
10-05-2021 1020.226 99.9783 102000 2.0 %
08-06-2021 1022.9158 99.9783 102269 2.27 %
08-07-2021 1025.9325 99.9783 102571 2.57 %
09-08-2021 1029.2666 99.9783 102904 2.9 %
08-09-2021 1032.7417 99.9783 103252 3.25 %
08-10-2021 1035.1752 99.9783 103495 3.5 %
08-11-2021 1037.8308 99.9783 103761 3.76 %
08-12-2021 1041.2128 99.9783 104099 4.1 %
10-01-2022 1044.5333 99.9783 104431 4.43 %
08-02-2022 1046.93 99.9783 104670 4.67 %
08-03-2022 1049.9767 99.9783 104975 4.98 %
08-04-2022 1054.1535 99.9783 105392 5.39 %
09-05-2022 1055.6961 99.9783 105547 5.55 %
08-06-2022 1059.4239 99.9783 105919 5.92 %
08-07-2022 1064.0028 99.9783 106377 6.38 %
08-08-2022 1068.0963 99.9783 106786 6.79 %
08-09-2022 1073.1718 99.9783 107294 7.29 %
10-10-2022 1076.7511 99.9783 107652 7.65 %
09-11-2022 1081.7869 99.9783 108155 8.15 %
08-12-2022 1087.548 99.9783 108731 8.73 %
09-01-2023 1093.908 99.9783 109367 9.37 %
08-02-2023 1099.4204 99.9783 109918 9.92 %
08-03-2023 1104.2993 99.9783 110406 10.41 %
10-04-2023 1113.3465 99.9783 111310 11.31 %
08-05-2023 1119.1874 99.9783 111894 11.89 %
08-06-2023 1126.4409 99.9783 112620 12.62 %
10-07-2023 1133.2341 99.9783 113299 13.3 %
08-08-2023 1139.3716 99.9783 113912 13.91 %
08-09-2023 1145.6315 99.9783 114538 14.54 %
09-10-2023 1152.1337 99.9783 115188 15.19 %
08-11-2023 1158.5008 99.9783 115825 15.82 %
08-12-2023 1164.874 99.9783 116462 16.46 %
08-01-2024 1172.0513 99.9783 117180 17.18 %
08-02-2024 1178.9429 99.9783 117869 17.87 %
11-03-2024 1187.1837 99.9783 118693 18.69 %
08-04-2024 1194.9566 99.9783 119470 19.47 %
08-05-2024 1201.5036 99.9783 120124 20.12 %
10-06-2024 1209.4124 99.9783 120915 20.91 %
08-07-2024 1216.6745 99.9783 121641 21.64 %
08-08-2024 1224.0337 99.9783 122377 22.38 %
06-09-2024 1230.8263 99.9783 123056 23.06 %

RETURNS CALCULATOR for Mirae Asset Ultra Short Duration Fund Regular Growth

Growth of 10000 In SIP (Fund vs Benchmark)

Amount :
Period :
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End :

Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Riskometer

Key Performance and Risk Statistics of Mirae Asset Ultra Short Duration Fund Regular Growth

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
Mirae Asset Ultra Short Duration Fund Regular Growth 0.52 0.39 2.48 1.13 7.71 0.57
Debt: Ultra Short Duration - - - - - -

PEER COMPARISION of Mirae Asset Ultra Short Duration Fund Regular Growth

Compare SIP Compare Lumpsum
Amount :
Start :
End :
Period
Data as on - 06-09-2024
Scheme Name Launch
Date		 1-Year
Ret (%)		 2-Yrs
Ret (%)		 3-Yrs
Ret (%)		 5-Yrs
Ret (%)		 10-Yrs
Ret (%)
Mirae Asset Ultra Short Duration Fund Regular Growth 05-10-2020 7.48 7.11 6.03 0.0 0.0
Aditya Birla Sun Life Savings Fund - Growth - Regular Plan 27-11-2001 7.45 7.14 6.08 6.06 7.24
Aditya Birla Sun Life Savings Fund-Retail Growth 27-11-2001 7.45 7.14 6.08 6.07 7.24
Baroda BNP Paribas Ultra Short Duration Fund - Regular Plan - Growth 29-05-2018 7.31 7.16 6.11 5.6 0.0
SBI Magnum Ultra Short Duration Fund - Regular Plan - Growth 21-05-1999 7.26 6.95 5.84 5.58 6.69
HDFC Ultra Short Term Fund - Growth Option 05-09-2018 7.25 6.94 5.83 5.69 0.0
ICICI Prudential Ultra Short Term Fund - Growth 01-05-2011 7.25 6.94 5.9 5.93 7.5
HSBC Ultra Short Duration Fund - Regular Growth 29-01-2020 7.24 6.98 5.87 0.0 0.0
BANDHAN ULTRA SHORT TERM FUND - REGULAR PLAN GROWTH 01-07-2018 7.24 6.96 5.83 5.5 0.0
Invesco India Ultra Short Duration Fund - Growth 30-12-2010 7.2 6.74 5.58 5.18 6.71

PORTFOLIO ANALYSIS of Mirae Asset Ultra Short Duration Fund Regular Growth

Asset Allocation (%)

Allocation Percentage (%)

Market Cap Distribution

Others

100.05%

Total

100%