Mirae Asset Ultra Short Duration Fund Overview
Category Ultra Short Duration Fund
BMSMONEY Rank 2
Rating
Growth Option 21-02-2025
NAV ₹1272.06(R) +0.02% ₹1284.69(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 7.61% 6.64% -% -% -%
Direct 7.9% 6.88% -% -% -%
Benchmark
SIP (XIRR) Regular 7.46% 7.22% -% -% -%
Direct 7.73% 7.47% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.57 -0.18 0.66 4.19% -0.01
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.43% 0.0% 0.0% 0.26 0.35%
Top Ultra Short Duration Fund
Fund Name Rank Rating
Aditya Birla Sun Life Savings Fund 1
Mirae Asset Ultra Short Duration Fund 2
Hsbc Ultra Short Duration Fund 3
Bandhan Ultra Short Term Fund 4
Icici Prudential Ultra Short Term Fund 5

NAV Date: 21-02-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Ultra Short Duration Fund Regular IDCW 1271.6
0.3000
0.0200%
Mirae Asset Ultra Short Duration Fund Regular Growth 1272.06
0.3000
0.0200%
Mirae Asset Ultra Short Duration Fund Direct IDCW 1284.58
0.3100
0.0200%
Mirae Asset Ultra Short Duration Fund Direct Growth 1284.69
0.3100
0.0200%

Review Date: 21-02-2025


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.62
0.58
0.48 | 0.66 2 | 23 Very Good
3M Return % 1.78
1.65
1.39 | 1.82 2 | 23 Very Good
6M Return % 3.66
3.41
2.84 | 3.79 2 | 23 Very Good
1Y Return % 7.61
7.08
5.96 | 7.76 2 | 23 Very Good
3Y Return % 6.64
6.16
5.28 | 6.71 3 | 23 Very Good
1Y SIP Return % 7.46
6.92
5.82 | 7.62 2 | 23 Very Good
3Y SIP Return % 7.22
6.72
5.76 | 7.32 2 | 23 Very Good
Standard Deviation 0.43
0.44
0.38 | 0.52 6 | 20 Good
Semi Deviation 0.35
0.37
0.31 | 0.41 6 | 20 Good
Max Drawdown % 0.00
0.00
-0.01 | 0.00 18 | 20 Poor
Average Drawdown % 0.00
0.00
-0.01 | 0.00 18 | 20 Poor
Sharpe Ratio -0.57
-1.55
-3.87 | -0.34 2 | 20 Very Good
Sterling Ratio 0.66
0.61
0.52 | 0.67 2 | 20 Very Good
Sortino Ratio -0.18
-0.40
-0.75 | -0.11 2 | 20 Very Good
Jensen Alpha % 4.19
3.72
3.08 | 4.19 1 | 20 Very Good
Treynor Ratio -0.01
-0.03
-0.07 | -0.01 2 | 20 Very Good
Modigliani Square Measure % 12.85
11.64
10.18 | 12.85 1 | 20 Very Good
Alpha % -0.97
-1.42
-2.32 | -0.88 2 | 20 Very Good
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.64 0.62 0.53 | 0.66 4 | 23
3M Return % 1.84 1.78 1.53 | 1.88 4 | 23
6M Return % 3.79 3.69 3.17 | 3.90 4 | 23
1Y Return % 7.90 7.64 6.57 | 7.99 3 | 23
3Y Return % 6.88 6.70 5.89 | 7.10 5 | 23
1Y SIP Return % 7.73 7.48 6.46 | 7.84 4 | 23
3Y SIP Return % 7.47 7.27 6.39 | 7.62 5 | 23
Standard Deviation 0.43 0.44 0.38 | 0.52 6 | 20
Semi Deviation 0.35 0.37 0.31 | 0.41 6 | 20
Max Drawdown % 0.00 0.00 -0.01 | 0.00 18 | 20
Average Drawdown % 0.00 0.00 -0.01 | 0.00 18 | 20
Sharpe Ratio -0.57 -1.55 -3.87 | -0.34 2 | 20
Sterling Ratio 0.66 0.61 0.52 | 0.67 2 | 20
Sortino Ratio -0.18 -0.40 -0.75 | -0.11 2 | 20
Jensen Alpha % 4.19 3.72 3.08 | 4.19 1 | 20
Treynor Ratio -0.01 -0.03 -0.07 | -0.01 2 | 20
Modigliani Square Measure % 12.85 11.64 10.18 | 12.85 1 | 20
Alpha % -0.97 -1.42 -2.32 | -0.88 2 | 20
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.02 ₹ 10,002.00 0.02 ₹ 10,002.00
1W 0.14 ₹ 10,014.00 0.14 ₹ 10,014.00
1M 0.62 ₹ 10,062.00 0.64 ₹ 10,064.00
3M 1.78 ₹ 10,178.00 1.84 ₹ 10,184.00
6M 3.66 ₹ 10,366.00 3.79 ₹ 10,379.00
1Y 7.61 ₹ 10,761.00 7.90 ₹ 10,790.00
3Y 6.64 ₹ 12,129.00 6.88 ₹ 12,209.00
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 7.46 ₹ 12,482.21 7.73 ₹ 12,499.21
3Y ₹ 36000 7.22 ₹ 40,171.14 7.47 ₹ 40,322.81
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mirae Asset Ultra Short Duration Fund NAV Regular Growth Mirae Asset Ultra Short Duration Fund NAV Direct Growth
21-02-2025 1272.0594 1284.6852
20-02-2025 1271.7571 1284.3722
18-02-2025 1271.2703 1283.8653
17-02-2025 1271.0507 1283.6362
14-02-2025 1270.2945 1282.8505
13-02-2025 1270.1087 1282.6555
12-02-2025 1269.8472 1282.3842
11-02-2025 1269.5366 1282.0631
10-02-2025 1269.3526 1281.87
07-02-2025 1268.7933 1281.2832
06-02-2025 1268.6774 1281.1588
05-02-2025 1268.2679 1280.738
04-02-2025 1267.839 1280.2975
03-02-2025 1267.516 1279.964
31-01-2025 1266.6851 1279.103
30-01-2025 1266.3724 1278.78
29-01-2025 1266.1351 1278.5332
28-01-2025 1265.8878 1278.2762
27-01-2025 1265.6729 1278.0519
24-01-2025 1264.9132 1277.2632
23-01-2025 1264.6485 1276.9886
22-01-2025 1264.388 1276.7184
21-01-2025 1264.2085 1276.5299

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
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.