Mirae Asset Ultra Short Duration Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Scheme Objective

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

Scheme Details

Fund manager(s) – Basant Bafna
Launch date – 07-Oct-2020
Expense ratio – 0.17% as declared on 31-Aug-2025 (category average is 0.3%)
Benchmark - NIFTY Ultra Short Duration Debt Index A-I

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

1766.30

0.00

0.00%

Aug - 2025	1766.30	0.00%
Jul - 2025	1785.08	0.00%
Jun - 2025	1766.19	0.00%
May - 2025	1780.38	0.00%
Apr - 2025	1681.12	0.00%
Mar - 2025	1414.66	0.00%
Feb - 2025	1601.77	0.00%
Jan - 2025	1781.56	0.00%

2024

1616.27

0.00

0.00%

Dec - 2024	1616.27	0.00	0.00%
Nov - 2024	1735.61	0.00	0.00%
Oct - 2024	1584.59	0.00	0.00%
Sep - 2024	1261.80	0.00	0.00%
Aug - 2024	1611.12	0.00	0.00%
Jul - 2024	1443.97	0.00	0.00%
Jun - 2024	1427.89	0.00	0.00%
May - 2024	1622.55	97006.94	1.67%
Apr - 2024	1463.94	94794.17	1.54%
Mar - 2024	1003.21	83544.25	1.20%
Feb - 2024	1027.58	91704.56	1.12%
Jan - 2024	610.23	91480.51	0.67%

2023

546.17

88408.54

0.62%

Dec - 2023	546.17	88408.54	0.62%
Nov - 2023	552.60	93889.99	0.59%
Oct - 2023	522.18	95369.90	0.55%
Sep - 2023	502.47	92363.93	0.54%
Aug - 2023	549.54	97750.01	0.56%
Jul - 2023	397.72	100730.09	0.39%
Jun - 2023	368.65	93174.14	0.40%
May - 2023	305.45	96771.97	0.32%
Apr - 2023	257.04	90174.79	0.29%
Mar - 2023	259.58	76133.14	0.34%
Feb - 2023	284.69	88712.17	0.32%
Jan - 2023	274.19	90253.42	0.30%

2022

268.81

88333.68

0.30%

Dec - 2022	268.81	88333.68	0.30%
Nov - 2022	264.05	85941.08	0.31%
Oct - 2022	247.91	87288.57	0.28%
Sep - 2022	232.09	86241.03	0.27%
Aug - 2022	228.53	95478.10	0.24%
Jul - 2022	239.29	89013.74	0.27%
Jun - 2022	221.71	83057.80	0.27%
May - 2022	230.96	95333.63	0.24%
Apr - 2022	298.03	101249.54	0.29%
Mar - 2022	269.25	84443.32	0.32%
Feb - 2022	212.88	88610.44	0.24%
Jan - 2022	212.08	89966.25	0.24%

2021

219.35

84967.28

0.26%

Dec - 2021	219.35	84967.28	0.26%
Nov - 2021	239.69	92204.20	0.26%
Oct - 2021	249.50	96813.52	0.26%
Sep - 2021	245.60	93045.97	0.26%
Aug - 2021	250.97	101767.24	0.25%
Jul - 2021	251.98	99737.36	0.25%
Jun - 2021	284.25	91833.79	0.31%
May - 2021	259.84	94261.24	0.28%
Apr - 2021	259.36	90834.57	0.29%
Mar - 2021	253.51	81639.58	0.31%
Feb - 2021	264.82	88808.97	0.30%
Jan - 2021	235.20	86632.81	0.27%

2020

247.49

84998.58

0.29%

Dec - 2020	247.49	84998.58	0.29%
Nov - 2020	250.54	90759.53	0.28%
Oct - 2020	217.39	85076.17	0.26%

Tax Rate

Any profit will be clubbed with your income and taxed at your effective tax rate.

Contact Details

Mirae Asset Investment Managers (India) Pvt. Ltd.

Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Tel no.: 022-67800300
Fax no.: 022-67253942
Website.: www.miraeassetmf.co.in

Forum

NITINPIMPALE
MF Investment Help
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3 hrs ago

purchase unit will adjust difference in NAV 10.263 View more

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  purchase unit will adjust difference in NAV 10.263
  
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krishna_ksvs
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12 days ago

View more

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The Fixed Income
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7 hrs ago

Secure Your Savings with a High-Return PSU Bond 9.30% THE ANDHRA PRADESH MINERAL DEVELOPMENT CORPORATION LIMITED 2032 ✔️ Coupon: 9.30% p.a. ✔️ Rating: INDIA RATING AA(CE) Stable, Acuite (SMERA) AA(CE) Stable ✔️ Tenor: 6y 6m (Maturity: 07/May/2032) ✔️ Senior Secured | PSU Bond | High Return Bond | Listed Invest with confidence in a PSU-backed bond and grow your portfolio steadily. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJDcllRPT0=/930-the-andhra-pradesh-mineral-development-corporation-limited-2032?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Secure Your Savings with a High-Return PSU Bond 9.30% THE ANDHRA PRADESH MINERAL DEVELOPMENT CORPORATION LIMITED 2032 ✔️ Coupon: 9.30% p.a. ✔️ Rating: INDIA RATING AA(CE) Stable, Acuite (SMERA) AA(CE) Stable ✔️ Tenor: 6y 6m (Maturity: 07/May/2032) ✔️ Senior Secured | PSU Bond | High Return Bond | Listed Invest with confidence in a PSU-backed bond and grow your portfolio steadily. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJDcllRPT0=/930-the-andhra-pradesh-mineral-development-corporation-limited-2032?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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shravanashok
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62 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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  need your suggestion for sbi psu fund direct growth stay or switch
  
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ravisistla
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75 days ago

Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know. View more

Posted by : ravisistla
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  Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know.
  
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sunny85deol
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112 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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  Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV.
  
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