Mirae Asset Ultra Short Duration Fund Overview | ||||||
---|---|---|---|---|---|---|
Category | Ultra Short Duration Fund | |||||
BMSMONEY Rank | 2 | |||||
BMSMONEY Rating | ||||||
Growth Option | As On: | 07-05-2024 | ||||
NAV | ₹1201.41 (R) | +0.02% | ₹1210.84 (D) | +0.02% | ||
Returns Gro. Opt. | 1Y | 3Y | 5Y | 7Y | 10Y | |
LumpSum Reg. P | 7.33% | 5.6% | -% | -% | -% | |
LumpSum Dir. P | 7.58% | 5.82% | -% | -% | -% | |
SIP Reg. P | 7.46% | 4.54% | -% | -% | -% | |
SIP Dir. P | 7.73% | 4.76% | -% | -% | -% | |
Ratio | Sharpe Ratio | Sortino Ratio | Sterling Ratio | Jensen's Alpha | Treynor Ratio | |
-3.81 | -0.75 | 0.54 | 4.71% | -2.9 | ||
Risk | STD. Dev | VaR 1Y95% | Max DD | Beta | Semi Devi. | |
0.52% | 0.0% | 0.0% | 0.01 | 0.37% |
NAV Date: 07-05-2024
Scheme Name | NAV | Rupee Change | Percent Change |
---|---|---|---|
Mirae Asset Ultra Short Duration Fund Regular IDCW | 1200.97 |
0.2500
|
0.0200%
|
Mirae Asset Ultra Short Duration Fund Regular Growth | 1201.41 |
0.2500
|
0.0200%
|
Mirae Asset Ultra Short Duration Fund Direct Growth | 1210.84 |
0.2700
|
0.0200%
|
Mirae Asset Ultra Short Duration Fund Direct IDCW | 1210.9 |
0.2700
|
0.0200%
|
Review Date: March 28, 2024
The Ultra Short Duration Fund category has 21 funds. Performance of the Mirae Asset Ultra Short Duration Fund has been analyzed on 17 performance parameters. Out of six return parameters, the fund has five return parameters in first quartile; whereas zero risk parameters (out of four) in first quartile. Similarly five risk-adjusted performance parameters are in first quartile, the performance on different parameters provides has achieved second (out of 21 funds), which is very good rank in the Ultra Short Duration Fund category.KPIs* | Fund | Benchmark | Cat. Avg | Min | Max | Rank (In Cat.) | Better Than Cat. Avg | In 1st Quartile | In 4th Quartile |
---|---|---|---|---|---|---|---|---|
1M Return % | 0.54 |
0.51
|
0.44 | 0.56 | 6 | 22 |
Yes
|
Yes
|
No
|
|
3M Return % | 1.93 |
1.83
|
1.50 | 2.11 | 5 | 22 |
Yes
|
Yes
|
No
|
|
6M Return % | 3.72 |
3.49
|
2.99 | 3.78 | 3 | 22 |
Yes
|
Yes
|
No
|
|
1Y Return % | 7.33 |
6.84
|
5.98 | 7.42 | 2 | 22 |
Yes
|
Yes
|
No
|
|
3Y Return % | 5.60 |
5.33
|
4.37 | 6.69 | 5 | 21 |
Yes
|
Yes
|
No
|
|
1Y SIP Return % | 7.46 |
7.00
|
6.04 | 7.60 | 2 | 22 |
Yes
|
Yes
|
No
|
|
3Y SIP Return % | 4.54 |
4.17
|
3.27 | 4.64 | 3 | 21 |
Yes
|
Yes
|
No
|
|
Standard Deviation | 0.52 |
0.59
|
0.43 | 1.50 | 7 | 14 |
Yes
|
No
|
No
|
|
Semi Deviation | 0.37 |
0.39
|
0.32 | 0.52 | 5 | 14 |
Yes
|
No
|
No
|
|
Max Drawdown % | 0.00 |
0.00
|
0.00 | 0.00 | 13 | 14 |
Yes
|
No
|
Yes
|
|
Average Drawdown % | 0.00 |
0.00
|
0.00 | 0.00 | 13 | 14 |
Yes
|
No
|
Yes
|
|
Sharpe Ratio | -3.81 |
-4.38
|
-6.35 | -0.97 | 3 | 14 |
Yes
|
Yes
|
No
|
|
Sterling Ratio | 0.54 |
0.51
|
0.42 | 0.60 | 3 | 14 |
Yes
|
Yes
|
No
|
|
Sortino Ratio | -0.75 |
-0.78
|
-0.88 | -0.51 | 3 | 14 |
Yes
|
Yes
|
No
|
|
Jensen Alpha % | 4.71 |
-0.08
|
-1.97 | 5.03 | 2 | 14 |
Yes
|
Yes
|
No
|
|
Treynor Ratio | -2.90 |
-0.25
|
-2.90 | -0.02 | 14 | 14 |
No
|
No
|
Yes
|
|
Modigliani Square Measure % | 124.30 |
13.60
|
2.41 | 124.30 | 1 | 14 |
Yes
|
Yes
|
No
|
|
Alpha % | -12.45 |
-1.60
|
-12.45 | 0.33 | 14 | 14 |
No
|
No
|
Yes
|
KPIs* | Fund | Benchmark | Cat. Avg | Min | Max | Rank (In Cat.) | Better Than Cat. Avg | In 1st Quartile | In 4th Quartile |
---|---|---|---|---|---|---|---|---|
1M Return % | 0.57 | 0.56 | 0.48 | 0.59 | 7 | 22 |
Yes
|
No
|
No
|
|
3M Return % | 1.99 | 1.95 | 1.62 | 2.06 | 7 | 22 |
Yes
|
No
|
No
|
|
6M Return % | 3.86 | 3.74 | 3.24 | 3.89 | 5 | 22 |
Yes
|
Yes
|
No
|
|
1Y Return % | 7.58 | 7.38 | 6.67 | 7.69 | 6 | 22 |
Yes
|
Yes
|
No
|
|
3Y Return % | 5.82 | 5.82 | 5.00 | 7.54 | 8 | 21 |
No
|
No
|
No
|
|
1Y SIP Return % | 7.73 | 7.53 | 6.67 | 7.85 | 5 | 22 |
Yes
|
Yes
|
No
|
|
3Y SIP Return % | 4.76 | 4.65 | 3.87 | 5.21 | 8 | 21 |
Yes
|
No
|
No
|
|
Standard Deviation | 0.52 | 0.59 | 0.43 | 1.50 | 7 | 14 |
Yes
|
No
|
No
|
|
Semi Deviation | 0.37 | 0.39 | 0.32 | 0.52 | 5 | 14 |
Yes
|
No
|
No
|
|
Max Drawdown % | 0.00 | 0.00 | 0.00 | 0.00 | 13 | 14 |
Yes
|
No
|
Yes
|
|
Average Drawdown % | 0.00 | 0.00 | 0.00 | 0.00 | 13 | 14 |
Yes
|
No
|
Yes
|
|
Sharpe Ratio | -3.81 | -4.38 | -6.35 | -0.97 | 3 | 14 |
Yes
|
Yes
|
No
|
|
Sterling Ratio | 0.54 | 0.51 | 0.42 | 0.60 | 3 | 14 |
Yes
|
Yes
|
No
|
|
Sortino Ratio | -0.75 | -0.78 | -0.88 | -0.51 | 3 | 14 |
Yes
|
Yes
|
No
|
|
Jensen Alpha % | 4.71 | -0.08 | -1.97 | 5.03 | 2 | 14 |
Yes
|
Yes
|
No
|
|
Treynor Ratio | -2.90 | -0.25 | -2.90 | -0.02 | 14 | 14 |
No
|
No
|
Yes
|
|
Modigliani Square Measure % | 124.30 | 13.60 | 2.41 | 124.30 | 1 | 14 |
Yes
|
Yes
|
No
|
|
Alpha % | -12.45 | -1.60 | -12.45 | 0.33 | 14 | 14 |
No
|
No
|
Yes
|
Investment Period | Regular | Direct | ||
---|---|---|---|---|
Return % | Current Value of ₹ 10000 | Return % | Current Value of ₹ 10000 | |
1D | 0.02 | ₹ 10002.0 | 0.02 | ₹ 10002.0 |
1W | 0.1 | ₹ 10010.0 | 0.11 | ₹ 10011.0 |
1M | 0.54 | ₹ 10054.0 | 0.57 | ₹ 10057.0 |
3M | 1.93 | ₹ 10193.0 | 1.99 | ₹ 10199.0 |
6M | 3.72 | ₹ 10372.0 | 3.86 | ₹ 10386.0 |
1Y | 7.33 | ₹ 10733.0 | 7.58 | ₹ 10758.0 |
3Y | 5.6 | ₹ 11776.0 | 5.82 | ₹ 11850.0 |
5Y | - | ₹ - | - | ₹ - |
7Y | - | ₹ - | - | ₹ - |
10Y | - | ₹ - | - | ₹ - |
15Y | - | ₹ - | - | ₹ - |
Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.
Investment Period | Invested Amount | Regular | Direct | ||
---|---|---|---|---|---|
XIRR % | Current Value of Invested Amount | XIRR % | Current Value of Invested Amount | ||
1Y | ₹ 12000 | 7.4631 | ₹ 12478.668 | 7.731 | ₹ 12495.66 |
3Y | ₹ 36000 | 4.5379 | ₹ 38575.908 | 4.7607 | ₹ 38705.436 |
5Y | ₹ 60000 | - | ₹ - | - | ₹ - |
7Y | ₹ 84000 | - | ₹ - | - | ₹ - |
10Y | ₹ 120000 | - | ₹ - | - | ₹ - |
15Y | ₹ 180000 | - | ₹ - | - | ₹ - |
Date | NAV Regular Growth | NAV Direct Growth |
---|---|---|
07-05-2024 | 1201.4082 | 1210.8429 |
06-05-2024 | 1201.1533 | 1210.5738 |
03-05-2024 | 1200.4084 | 1209.786 |
02-05-2024 | 1200.1658 | 1209.5292 |
30-04-2024 | 1199.6773 | 1209.0141 |
29-04-2024 | 1199.5561 | 1208.8795 |
26-04-2024 | 1198.9369 | 1208.2189 |
25-04-2024 | 1198.7312 | 1207.9993 |
24-04-2024 | 1198.6527 | 1207.9081 |
23-04-2024 | 1198.5049 | 1207.747 |
22-04-2024 | 1198.2298 | 1207.4574 |
19-04-2024 | 1197.635 | 1206.8199 |
18-04-2024 | 1197.5163 | 1206.6881 |
16-04-2024 | 1197.0315 | 1206.1776 |
15-04-2024 | 1196.7829 | 1205.9149 |
12-04-2024 | 1196.0692 | 1205.1586 |
08-04-2024 | 1194.9566 | 1203.9918 |
05-04-2024 | 1194.2442 | 1203.2529 |
04-04-2024 | 1193.922 | 1202.9207 |
03-04-2024 | 1193.5658 | 1202.5547 |
02-04-2024 | 1193.2563 | 1202.2356 |
28-03-2024 | 1191.7659 | 1200.6977 |
27-03-2024 | 1190.6452 | 1199.5614 |
26-03-2024 | 1190.4764 | 1199.3841 |
22-03-2024 | 1189.6497 | 1198.5242 |
21-03-2024 | 1189.498 | 1198.3646 |
20-03-2024 | 1189.2601 | 1198.1185 |
19-03-2024 | 1189.0354 | 1197.8857 |
18-03-2024 | 1188.8173 | 1197.6595 |
15-03-2024 | 1188.0631 | 1196.8806 |
14-03-2024 | 1187.8544 | 1196.6639 |
13-03-2024 | 1187.6943 | 1196.4962 |
12-03-2024 | 1187.4437 | 1196.2366 |
11-03-2024 | 1187.1837 | 1195.9673 |
07-03-2024 | 1186.1625 | 1194.9094 |
06-03-2024 | 1185.8917 | 1194.6293 |
05-03-2024 | 1185.5823 | 1194.3103 |
04-03-2024 | 1185.2975 | 1194.0161 |
01-03-2024 | 1184.4885 | 1193.1793 |
29-02-2024 | 1184.2299 | 1192.9115 |
28-02-2024 | 1183.9121 | 1192.5841 |
27-02-2024 | 1183.7322 | 1192.3957 |
26-02-2024 | 1183.4668 | 1192.1212 |
23-02-2024 | 1182.7617 | 1191.3895 |
22-02-2024 | 1182.4906 | 1191.1093 |
21-02-2024 | 1182.0554 | 1190.6638 |
20-02-2024 | 1181.796 | 1190.3953 |
16-02-2024 | 1180.8822 | 1189.4437 |
15-02-2024 | 1180.6163 | 1189.1678 |
14-02-2024 | 1180.2406 | 1188.7813 |
13-02-2024 | 1180.0172 | 1188.5482 |
12-02-2024 | 1179.7472 | 1188.2682 |
09-02-2024 | 1179.1276 | 1187.62 |
08-02-2024 | 1178.9429 | 1187.4259 |
07-02-2024 | 1178.7105 | 1187.1837 |
06-02-2024 | 1178.5312 | 1186.9951 |
05-02-2024 | 1178.2863 | 1186.7404 |
02-02-2024 | 1177.5746 | 1186.0 |
01-02-2024 | 1177.2641 | 1185.6791 |
31-01-2024 | 1176.9507 | 1185.3555 |
30-01-2024 | 1176.7648 | 1185.1602 |
29-01-2024 | 1176.5836 | 1184.9696 |
25-01-2024 | 1175.6381 | 1183.9851 |
24-01-2024 | 1175.4656 | 1183.8034 |
23-01-2024 | 1175.3203 | 1183.649 |
19-01-2024 | 1174.5581 | 1182.8493 |
18-01-2024 | 1174.3388 | 1182.6207 |
17-01-2024 | 1174.2164 | 1182.4894 |
16-01-2024 | 1174.0103 | 1182.2737 |
15-01-2024 | 1173.8715 | 1182.1253 |
12-01-2024 | 1173.1404 | 1181.368 |
11-01-2024 | 1172.7982 | 1181.0147 |
10-01-2024 | 1172.581 | 1180.7872 |
09-01-2024 | 1172.3706 | 1180.5666 |
08-01-2024 | 1172.0513 | 1180.2363 |
05-01-2024 | 1171.3493 | 1179.5034 |
04-01-2024 | 1171.0966 | 1179.2403 |
03-01-2024 | 1170.9809 | 1179.1151 |
02-01-2024 | 1170.6867 | 1178.8102 |
01-01-2024 | 1170.5034 | 1178.617 |
29-12-2023 | 1169.7205 | 1177.8027 |
28-12-2023 | 1169.2316 | 1177.3017 |
27-12-2023 | 1168.9229 | 1176.9822 |
26-12-2023 | 1168.811 | 1176.8609 |
22-12-2023 | 1167.8206 | 1175.8294 |
21-12-2023 | 1167.6797 | 1175.6789 |
20-12-2023 | 1167.4329 | 1175.4217 |
19-12-2023 | 1167.1667 | 1175.1451 |
18-12-2023 | 1166.8956 | 1174.8646 |
15-12-2023 | 1166.2767 | 1174.2191 |
14-12-2023 | 1166.0221 | 1173.9553 |
13-12-2023 | 1165.7659 | 1173.6888 |
12-12-2023 | 1165.6301 | 1173.5434 |
11-12-2023 | 1165.5216 | 1173.4256 |
08-12-2023 | 1164.874 | 1172.7478 |
07-12-2023 | 1164.6701 | 1172.5341 |
06-12-2023 | 1164.4205 | 1172.2741 |
05-12-2023 | 1164.2424 | 1172.0863 |
04-12-2023 | 1164.0009 | 1171.8345 |
01-12-2023 | 1163.3442 | 1171.1477 |
30-11-2023 | 1163.1873 | 1170.9812 |
29-11-2023 | 1162.9431 | 1170.7267 |
28-11-2023 | 1162.6881 | 1170.4615 |
24-11-2023 | 1161.8057 | 1169.5389 |
23-11-2023 | 1161.6105 | 1169.3339 |
22-11-2023 | 1161.4282 | 1169.1419 |
21-11-2023 | 1161.2286 | 1168.9323 |
20-11-2023 | 1161.1264 | 1168.8209 |
17-11-2023 | 1160.486 | 1168.1506 |
16-11-2023 | 1160.2394 | 1167.8938 |
15-11-2023 | 1160.0064 | 1167.6508 |
13-11-2023 | 1159.5371 | 1167.1772 |
10-11-2023 | 1158.8692 | 1166.4894 |
09-11-2023 | 1158.6854 | 1166.296 |
08-11-2023 | 1158.5008 | 1166.1016 |
07-11-2023 | 1158.2777 | 1165.8685 |
06-11-2023 | 1158.0628 | 1165.6437 |
03-11-2023 | 1157.3937 | 1164.9445 |
02-11-2023 | 1157.0755 | 1164.6157 |
01-11-2023 | 1156.8367 | 1164.3669 |
31-10-2023 | 1156.5437 | 1164.0635 |
30-10-2023 | 1156.3553 | 1163.8653 |
27-10-2023 | 1155.8123 | 1163.2932 |
26-10-2023 | 1155.5665 | 1163.0373 |
25-10-2023 | 1155.3896 | 1162.8507 |
23-10-2023 | 1154.9869 | 1162.4285 |
20-10-2023 | 1154.3096 | 1161.7215 |
19-10-2023 | 1154.101 | 1161.5031 |
18-10-2023 | 1153.968 | 1161.3607 |
17-10-2023 | 1153.7233 | 1161.1058 |
16-10-2023 | 1153.5261 | 1160.899 |
13-10-2023 | 1152.9482 | 1160.2943 |
12-10-2023 | 1152.7315 | 1160.0684 |
11-10-2023 | 1152.5209 | 1159.8488 |
10-10-2023 | 1152.3299 | 1159.6489 |
09-10-2023 | 1152.1337 | 1159.4438 |
06-10-2023 | 1151.5457 | 1158.8289 |
05-10-2023 | 1151.443 | 1158.7178 |
04-10-2023 | 1151.2157 | 1158.4814 |
03-10-2023 | 1150.8794 | 1158.1353 |
29-09-2023 | 1149.9757 | 1157.195 |
27-09-2023 | 1149.5068 | 1156.7077 |
26-09-2023 | 1149.2232 | 1156.4146 |
25-09-2023 | 1149.1101 | 1156.2931 |
22-09-2023 | 1148.4633 | 1155.6195 |
21-09-2023 | 1148.2274 | 1155.3744 |
20-09-2023 | 1148.1168 | 1155.2556 |
18-09-2023 | 1147.6676 | 1154.7895 |
15-09-2023 | 1147.0178 | 1154.1129 |
14-09-2023 | 1146.8433 | 1153.9297 |
13-09-2023 | 1146.6205 | 1153.6979 |
12-09-2023 | 1146.433 | 1153.5017 |
11-09-2023 | 1146.2421 | 1153.3019 |
08-09-2023 | 1145.6315 | 1152.6648 |
07-09-2023 | 1145.4211 | 1152.4454 |
06-09-2023 | 1145.2079 | 1152.2233 |
05-09-2023 | 1145.0008 | 1152.0074 |
04-09-2023 | 1144.7693 | 1151.7669 |
01-09-2023 | 1144.1516 | 1151.1225 |
31-08-2023 | 1143.9092 | 1150.871 |
30-08-2023 | 1143.6763 | 1150.6292 |
29-08-2023 | 1143.4384 | 1150.3823 |
28-08-2023 | 1143.2102 | 1150.1451 |
25-08-2023 | 1142.5905 | 1149.5114 |
24-08-2023 | 1142.4318 | 1149.3442 |
23-08-2023 | 1142.1883 | 1149.0916 |
22-08-2023 | 1141.98 | 1148.8745 |
21-08-2023 | 1141.7356 | 1148.6211 |
18-08-2023 | 1141.0953 | 1147.9567 |
17-08-2023 | 1140.884 | 1147.7375 |
14-08-2023 | 1140.4509 | 1147.2812 |
11-08-2023 | 1139.8459 | 1146.6538 |
10-08-2023 | 1139.7468 | 1146.5481 |
09-08-2023 | 1139.606 | 1146.4001 |
08-08-2023 | 1139.3716 | 1146.1583 |
07-08-2023 | 1139.2085 | 1145.9882 |
04-08-2023 | 1138.6002 | 1145.361 |
03-08-2023 | 1138.3702 | 1145.1235 |
02-08-2023 | 1138.1747 | 1144.9224 |
01-08-2023 | 1137.988 | 1144.727 |
31-07-2023 | 1137.7351 | 1144.4666 |
28-07-2023 | 1137.1036 | 1143.8132 |
27-07-2023 | 1136.9641 | 1143.6668 |
26-07-2023 | 1136.7361 | 1143.4314 |
25-07-2023 | 1136.5438 | 1143.232 |
24-07-2023 | 1136.3265 | 1143.0075 |
21-07-2023 | 1135.6897 | 1142.3488 |
20-07-2023 | 1135.5382 | 1142.1904 |
19-07-2023 | 1135.3126 | 1141.9574 |
18-07-2023 | 1135.1263 | 1141.764 |
17-07-2023 | 1134.8792 | 1141.5094 |
14-07-2023 | 1134.2971 | 1140.9058 |
13-07-2023 | 1134.038 | 1140.6391 |
12-07-2023 | 1133.7328 | 1140.3262 |
11-07-2023 | 1133.4824 | 1140.0695 |
10-07-2023 | 1133.2341 | 1139.8137 |
07-07-2023 | 1132.6029 | 1139.1609 |
06-07-2023 | 1132.4765 | 1139.0277 |
05-07-2023 | 1132.3128 | 1138.8571 |
04-07-2023 | 1132.0323 | 1138.5689 |
03-07-2023 | 1131.6708 | 1138.1994 |
30-06-2023 | 1130.9393 | 1137.4456 |
28-06-2023 | 1130.4808 | 1136.9808 |
27-06-2023 | 1130.2857 | 1136.7787 |
26-06-2023 | 1130.143 | 1136.6292 |
23-06-2023 | 1129.6473 | 1136.1126 |
22-06-2023 | 1129.4731 | 1135.9314 |
21-06-2023 | 1129.224 | 1135.675 |
20-06-2023 | 1128.9836 | 1135.4272 |
19-06-2023 | 1128.7455 | 1135.1812 |
16-06-2023 | 1128.1021 | 1134.5163 |
15-06-2023 | 1127.7755 | 1134.1819 |
14-06-2023 | 1127.6253 | 1134.0249 |
13-06-2023 | 1127.3065 | 1133.6983 |
12-06-2023 | 1127.0389 | 1133.4233 |
09-06-2023 | 1126.4477 | 1132.8109 |
08-06-2023 | 1126.4409 | 1132.7981 |
07-06-2023 | 1126.3115 | 1132.6621 |
06-06-2023 | 1126.1115 | 1132.455 |
05-06-2023 | 1125.8855 | 1132.2218 |
02-06-2023 | 1125.1936 | 1131.5082 |
01-06-2023 | 1124.9129 | 1131.22 |
31-05-2023 | 1124.5986 | 1130.898 |
30-05-2023 | 1124.3598 | 1130.6519 |
29-05-2023 | 1124.1146 | 1130.3994 |
26-05-2023 | 1123.6262 | 1129.8902 |
25-05-2023 | 1123.4699 | 1129.7271 |
24-05-2023 | 1123.3117 | 1129.5621 |
23-05-2023 | 1123.1617 | 1129.4054 |
22-05-2023 | 1123.0204 | 1129.2574 |
19-05-2023 | 1122.0434 | 1128.2572 |
18-05-2023 | 1121.7555 | 1127.9618 |
17-05-2023 | 1121.3901 | 1127.5884 |
16-05-2023 | 1121.0924 | 1127.2832 |
15-05-2023 | 1120.7105 | 1126.8933 |
12-05-2023 | 1119.9865 | 1126.1476 |
11-05-2023 | 1119.7707 | 1125.9247 |
10-05-2023 | 1119.605 | 1125.7522 |
09-05-2023 | 1119.405 | 1125.5452 |
08-05-2023 | 1119.1874 | 1125.3204 |
Fund Launch Date: 07/Oct/2020 |
Fund Category: Ultra Short Duration Fund |
Investment Objective: 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 Description: An Open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration* of the portfolio is between 3 months to 6 months |
Fund Benchmark: NIFTY Ultra Short Duration Debt Index |
Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.