Mirae Asset Ultra Short Duration Fund Regular IDCW
Fund House: Mirae Asset Mutual Fund| Category: Debt: Ultra Short Duration |
| Launch Date: 08-10-2020 |
| Asset Class: Fixed Income |
| Benchmark: Nifty Ultra Short Duration Debt Index A-I |
| TER: 0.44% As on (31-03-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 1,003.21 Cr As on (31-03-2024) |
| Turn over: - | Exit Load: Nil |
1198.0685
0.28 (0.023%)
5.23%
Benchmark: 5.38%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
S&P BSE Liquid Rate Index
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Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme seeks to generate regular income and provide liquidity by investing primarily in a portfolio comprising of debt & money market instruments.
Current Asset Allocation (%)
Indicators
| Standard Deviation | |
| Sharpe Ratio | |
| Alpha | |
| Beta | |
| Yield to Maturity | 7.73 |
| Average Maturity | 0.51 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Mirae Asset Ultra Short Duration Fund Regular IDCW | 08-10-2020 | 7.4 | 6.53 | 5.58 | - | - |
| Aditya Birla Sun Life Savings Fund - Growth - Regular Plan | 27-11-2001 | 7.52 | 6.59 | 5.76 | 6.22 | 7.33 |
| Aditya Birla Sun Life Savings Fund-Retail Growth | 27-11-2001 | 7.52 | 6.59 | 5.76 | 6.22 | 7.33 |
| Mirae Asset Ultra Short Duration Fund Regular Growth | 05-10-2020 | 7.4 | 6.54 | 5.57 | - | - |
| Baroda BNP Paribas Ultra Short Duration Fund - Regular Plan - Growth | 29-05-2018 | 7.36 | 6.64 | 5.7 | 5.69 | - |
| ICICI Prudential Ultra Short Term Fund - Growth | 01-05-2011 | 7.26 | 6.43 | 5.57 | 6.06 | 7.77 |
| BANDHAN ULTRA SHORT TERM FUND - REGULAR PLAN GROWTH | 01-07-2018 | 7.24 | 6.38 | 5.39 | 5.63 | - |
| HSBC Ultra Short Duration Fund - Regular Growth | 29-01-2020 | 7.23 | 6.42 | 5.45 | - | - |
| SBI Magnum Ultra Short Duration Fund - Regular Plan - Growth | 21-05-1999 | 7.23 | 6.34 | 5.39 | 5.69 | 6.76 |
| HDFC Ultra Short Term Fund - Growth Option | 05-09-2018 | 7.21 | 6.37 | 5.44 | 5.79 | - |
Scheme Characteristics
Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.0%
