NSE ScannerMirae Asset Mutual Fund · Debt · Ultra Short Term · Direct plan
Mirae Asset Ultra Short-Term Fund - Direct Plan - Growth
₹1,439.4425NAV on 30 Oct 2026Expense ratio 0.22%
29 Oct 2025NAV low 1,351.61 · high 1,439.44+6.5%
In plain words
Over 3 years it returned +7.3% a year, against +7.4% for its benchmark index.
Its worst fall from a peak in the last 3 years was -0.1%.
On 3-year return it ranks 4 of 19 funds in Ultra Short Term.
A monthly SIP over 5 years ended ₹4,827 higher in the direct plan than the regular plan, because of the lower expense ratio.
Past returns, not a promise of future returns or a recommendation.
Returns vs benchmark
| Period | Fund | Benchmark |
|---|---|---|
| 1 month | +0.3% | +1.9% |
| 3 months | +1.5% | -5.1% |
| 6 months | +3.3% | -3.2% |
| 1 year | +6.5% | -10.2% |
| 3 years (yearly) | +7.3% | +7.4% |
| 5 years (yearly) | +6.7% | +6.5% |
| Since start (yearly) | +6.2% | +11.2% |
Monthly SIP of ₹10,000
| Period | Invested | Value now | Yearly return |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,24,782 | +6.6% |
| 3 years | ₹3,60,000 | ₹4,02,592 | +7.0% |
| 5 years | ₹5,90,000 | ₹7,07,501 | +7.1% |
Top holdings (30 Sept 2026)
Fund size ₹1,808 crore · 55 holdings · 0% in equity
| Company | Industry | Weight |
|---|---|---|
| 8.45% Motilal Oswal Home Finance Ltd. (MD 07/01/2027)** | [ICRA]AA+ | 4.15% |
| National Bank for Agriculture and Rural Development (MD 26/02/2027)**# | CRISIL A1+ | 4.03% |
| HDFC Bank Ltd. (MD 12/03/2027)**# | CRISIL A1+ | 4.02% |
| Small Industries Development Bank of India (MD 25/03/2027)**# | CRISIL A1+ | 4.01% |
| 7.64% REC Ltd. (MD 30/04/2027)** | [ICRA]AAA | 3.04% |
| 7.95% REC Ltd. (MD 12/03/2027)** | CRISIL AAA | 2.77% |
| 7.60% Power Finance Corporation Ltd. (MD 20/02/2027)** | CRISIL AAA | 2.77% |
| 7.71% REC Ltd. (MD 26/02/2027)** | CRISIL AAA | 2.77% |
| 8.02% Cholamandalam Investment & Finance Co. Ltd. (MD 27/02/2029)** | [ICRA]AA+ | 2.77% |
| 7.34% Mahindra & Mahindra Financial Services Ltd. (MD 18/05/2029)** | CRISIL AAA | 2.76% |
| 8.33% Tata Projects Ltd. (MD 24/06/2027)** | IND AA | 2.76% |
| Export-Import Bank of India (MD 25/01/2027)** | CRISIL A1+ | 2.71% |
| Tata Capital Housing Finance Ltd. (MD 03/02/2027)** | CRISIL A1+ | 2.70% |
| Indian Bank (MD 09/02/2027)**# | CRISIL A1+ | 2.70% |
| 182 Days Treasury Bills (MD 18/03/2027) | Sovereign | 2.69% |
Largest industries: CRISIL A1+ 48.6%, CRISIL AAA 22.1%, [ICRA]AA+ 8.3%, Sovereign 3.8%, CRISIL AA+ 3.3%, [ICRA]AAA 3.0%.
Other plan of this fund: Mirae Asset Ultra Short-Term Fund - Regular Plan - Growth