Mirae Asset Ultra Short-Term Fund

Ultra ShortDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Mirae Asset Ultra Short-Term Fund is an Ultra Short fund run by Mirae Asset Mutual Fund. On 30-09-2026, it managed ₹1,808 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.3% a year and its Regular plan returned 7.1% a year. Its benchmark, NIFTY Ultra Short Duration Debt Index A-I, returned 7.2% a year over the same 3 years.

NAV (Direct plan): ₹1,439.44; ▲ 0.03%30-10-2026
NAV (Regular plan): ₹1,418.96; ▲ 0.02%30-10-2026
Expense ratio: 0.22%Direct0.68%Regular; 0.22%; A year
Riskometer: Not available; Set by the fund house
3 year return: 7.3%Direct7.1%Regular; 7.3%; A year

Mirae Asset Ultra Short-Term Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹1,439.44 (up 0.03% that day); Regular Plan Growth ₹1,418.96 (up 0.02% that day).

This fund (Direct plan)

₹1,439.4425

Mirae Asset Ultra Short-Term Fund Returns vs NIFTY Ultra Short Duration Debt Index A-I

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	+0.34%	+1.46%	+3.33%	+6.48%	+7.34%	+6.73%	--
This fund (Regular)	+0.30%	+1.37%	+3.17%	+6.17%	+7.06%	+6.48%	--
NIFTY Ultra Short Duration Debt Index A-I	+0.53%	+1.65%	+3.66%	+6.67%	+7.20%	+6.59%	--
Ultra Short average	+0.30%	+1.34%	+3.06%	+6.00%	+6.82%	+6.27%	--
Best in Ultra Short	+0.39%	+1.59%	+3.46%	+6.84%	+7.44%	+6.82%	--
Worst in Ultra Short	−0.11%	0.00%	+0.02%	0.00%	0.00%	+0.41%	--
Rank in Ultra Short	10/26	8/25	4/25	5/25	4/23	5/22	--

Category rows compare the Direct plans of 26 Ultra Short funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.

Mirae Asset Ultra Short-Term Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+5.39%	+5.13%
2025	+7.43%	+7.18%
2024	+7.94%	+7.65%
2023	+7.33%	+7.11%
2022	+4.86%	+4.67%
2021	+3.69%	+3.46%

Mirae Asset Ultra Short-Term Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 740 periods, one for each trading day from 09-10-2023 to 30-10-2026.

0%2%4%6%8%

Jan 2021
to
Jan 2024Jul 2021
to
Jul 2024Jan 2022
to
Jan 2025Jul 2022
to
Jul 2025Feb 2023
to
Feb 2026Aug 2023
to
Aug 2026

Mirae Asset Ultra Short-Term Fund (Direct)Category average, 26 Ultra Short funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	1,224	6.9%	3.6%	8.3%	0%	6.6%	88%
2 years	982	7.3%	4.0%	7.9%	0%	6.8%	98%
3 years	740	7.2%	5.0%	7.6%	0%	6.7%	100%
5 years	256	6.4%	6.1%	6.7%	0%	6.0%	100%

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	61	7.2%	3.6%	8.3%	0%	6.7%	87%
2 years	49	7.1%	4.1%	8.1%	0%	6.6%	100%
3 years	37	7.3%	5.8%	7.9%	0%	6.8%	100%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 26 Ultra Short funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

Mirae Asset Ultra Short-Term Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Mirae Asset Ultra Short-Term Fund (Direct)This fund	Category average
Return (CAGR)	+6.48%	+6.00%
Standard deviation	0.50%	0.44%
Sharpe ratio	2.48	1.73
Sortino ratio	4.01	2.73
Maximum drawdown	−0.11% (08-07-2026)	−0.09% (08-07-2026)

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Mirae Asset Ultra Short-Term Fund (Direct)This fund	Category average
Return (CAGR)	+7.34%	+6.81%
Standard deviation	0.40%	0.36%
Sharpe ratio	3.33	2.17
Sortino ratio	6.25	3.92
Maximum drawdown	−0.11% (08-07-2026)	−0.09% (08-07-2026)

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Mirae Asset Ultra Short-Term Fund (Direct)This fund	Category average
Return (CAGR)	+6.73%	+6.28%
Standard deviation	0.36%	0.34%
Sharpe ratio	2.55	1.40
Sortino ratio	4.69	2.37
Maximum drawdown	−0.16% (05-05-2022)	−0.22% (06-05-2022)

From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Mirae Asset Ultra Short-Term Fund (Direct)This fund	Category average
Return (CAGR)	+6.19%	+5.87%
Standard deviation	0.35%	0.32%
Sharpe ratio	2.46	1.63
Sortino ratio	4.63	2.86
Maximum drawdown	−0.16% (05-05-2022)	−0.22% (06-05-2022)

From daily NAVs, 08-10-2020 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−0.3%−0.2%−0.1%0%

202120222023202420252026

Mirae Asset Ultra Short-Term Fund (Direct)Category average, 26 Ultra Short funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Mirae Asset Ultra Short-Term Fund (Direct)	−0.16%	02-05-2022	05-05-2022	23-05-2022	18 days	0.0%
Category average	−0.22%	02-05-2022	06-05-2022	27-05-2022	21 days	0.0%

From the Direct plan's daily NAV since 08-10-2020, adjusted for unit splits, and the average of the 26 Ultra Short funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Mirae Asset Ultra Short-Term Fund vs Other Ultra Short Funds

The five Ultra Short funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Tata Ultra Short Term Fund	1/23	5,404	0.33%	+6.84%	+7.44%	--	--	3.83	7.92	Compare
Aditya Birla Sun Life Ultra Short Term Fund	2/23	16,279	0.32%	+6.36%	+7.41%	--	--	3.30	6.20	Compare
Axis Ultra Short Term fund	3/23	4,996	0.36%	+6.56%	+7.37%	--	--	3.53	7.07	Compare
Mirae Asset Ultra Short-Term Fund	4/23	1,808	0.22%	+6.48%	+7.34%	--	--	3.33	6.25
ICICI Prudential Ultra Short Term Fund	5/23	15,236	0.40%	+6.37%	+7.31%	--	--	3.25	6.24	Compare

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Mirae Asset Ultra Short-Term Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Ultra Short median	Cost rank (1 = cheapest)
Direct	0.18%	0.01%	0.00%	0.03%	0.22%	0.30%	4/26
Regular	0.57%	0.01%	0.00%	0.10%	0.68%	0.81%	7/26

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Ultra Short funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	6.17%	6.48%	0.31%	₹1,06,170	₹1,06,480
3 years	7.06%	7.34%	0.28% a year	₹1,22,710	₹1,23,676
5 years	6.48%	6.73%	0.25% a year	₹1,36,880	₹1,38,495

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Mirae Asset Ultra Short-Term Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 08-10-2020 to 30-10-2026: 73 instalments, ₹7,30,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planMirae Asset Ultra Short-Term Fund (Direct)	₹7,30,000	₹9,01,320	₹1,71,320	6.9%
Regular planMirae Asset Ultra Short-Term Fund (Regular)	₹7,30,000	₹8,94,111	₹1,64,111	6.6%
Category averageCategory average, 26 Ultra Short funds	₹7,30,000	₹8,88,935	₹1,58,935	6.4%

₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L₹10.0 L

202120222023202420252026

Direct planMirae Asset Ultra Short-Term Fund (Direct)Regular planMirae Asset Ultra Short-Term Fund (Regular)Category averageCategory average, 26 Ultra Short fundsAmount invested

From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Mirae Asset Ultra Short-Term Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

102.0%Debt

Asset	Fund	Category
Debt	102.0%	96.7%
Cash and others	−2.0%	3.8%

Cash and others is below 0: on that day the fund owed more in payments due than it held in cash.

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 26 Ultra Short funds.

Rating	Fund	Category
Sovereign	3.8%	7.3%
AAA and A1+	76.0%	77.2%
AA	22.3%	12.2%

Mirae Asset Ultra Short-Term Fund Portfolio Holdings

As on 30-09-2026 · 55 holdings · from the fund house's monthly portfolio

Holdings	Rating	Weight%
8.45% Motilal Oswal Home Finance Ltd. (MD 07/01/2027) · Bond	[ICRA]AA+	4.15%
National Bank for Agriculture and Rural Development (MD 26/02/2027) · Certificate of deposit	CRISIL A1+	4.03%
HDFC Bank Ltd. (MD 12/03/2027) · Certificate of deposit	CRISIL A1+	4.03%
Small Industries Development Bank of India (MD 25/03/2027) · Certificate of deposit	CRISIL A1+	4.01%
7.64% REC Ltd. (MD 30/04/2027) · Bond	[ICRA]AAA	3.04%
7.95% REC Ltd. (MD 12/03/2027) · Bond	CRISIL AAA	2.77%
7.60% Power Finance Corporation Ltd. (MD 20/02/2027) · Bond	CRISIL AAA	2.77%
7.71% REC Ltd. (MD 26/02/2027) · Bond	CRISIL AAA	2.77%
8.02% Cholamandalam Investment & Finance Co. Ltd. (MD 27/02/2029) · Bond	[ICRA]AA+	2.77%
7.34% Mahindra & Mahindra Financial Services Ltd. (MD 18/05/2029) · Bond	CRISIL AAA	2.76%
8.33% Tata Projects Ltd. (MD 24/06/2027) · Bond	IND AA	2.76%
Export-Import Bank of India (MD 25/01/2027) · Commercial paper	CRISIL A1+	2.71%
Tata Capital Housing Finance Ltd. (MD 03/02/2027) · Commercial paper	CRISIL A1+	2.70%
Indian Bank (MD 09/02/2027) · Certificate of deposit	CRISIL A1+	2.70%
182 Days Treasury Bills (MD 18/03/2027) · Government security	Sovereign	2.69%
Canara Bank (MD 12/03/2027) · Certificate of deposit	CRISIL A1+	2.68%
National Bank for Agriculture and Rural Development (MD 18/03/2027) · Certificate of deposit	CRISIL A1+	2.68%
Indian Bank (MD 21/06/2027) · Certificate of deposit	CRISIL A1+	2.63%
7.79% Small Industries Development Bank of India (MD 19/04/2027) · Bond	CRISIL AAA	2.49%
8.42% Muthoot Finance Ltd. (MD 26/07/2029) · Bond	CRISIL AA+	2.49%
Indian Bank (MD 12/01/2027) · Certificate of deposit	CRISIL A1+	2.36%
Bank of Baroda (MD 08/01/2027) · Certificate of deposit	IND A1+	2.17%
8.60% Manappuram Finance Ltd. (MD 27/03/2028) · Bond	CRISIL AA	1.82%
7.34% TATA Capital Ltd. (MD 21/02/2029) · Bond	CRISIL AAA	1.65%
National Bank for Agriculture and Rural Development (MD 14/01/2027) · Certificate of deposit	CRISIL A1+	1.63%
REC Ltd. (MD 19/03/2027) · Commercial paper	CRISIL A1+	1.61%
Small Industries Development Bank of India (MD 11/06/2027) · Certificate of deposit	CRISIL A1+	1.58%
9.20% 360 ONE WAM Ltd. (MD 25/07/2028) · Bond	[ICRA]AA	1.39%
8.65% Aadhar Housing Finance Ltd. (MD 20/08/2027) · Bond	[ICRA]AA+	1.39%
7.18% Power Finance Corporation Ltd. (MD 20/01/2027) · Bond	CRISIL AAA	1.38%
7.05% Embassy Office Parks Reit (MD 18/10/2026) · Bond	CRISIL AAA	1.38%
8.00% Tata Capital Housing Finance Ltd. (MD 03/11/2027) · Bond	CRISIL AAA	1.38%
7.22% Export-Import Bank of India (MD 03/08/2027) · Bond	CRISIL AAA	1.38%
7.30% SPR Auto Technologies Ltd. (MD 23/08/2027) · Bond	IND AA+	1.38%
9.25% SK Finance Ltd. (MD 16/07/2029) · Bond	IND AA-	1.37%
National Bank for Agriculture and Rural Development (MD 22/01/2027) · Certificate of deposit	CRISIL A1+	1.35%
Indian Bank (MD 29/01/2027) · Certificate of deposit	CRISIL A1+	1.35%
Punjab National Bank (MD 10/02/2027) · Certificate of deposit	CRISIL A1+	1.35%
Sundaram Finance Ltd. (MD 15/02/2027) · Commercial paper	CRISIL A1+	1.35%
Punjab National Bank (MD 26/02/2027) · Certificate of deposit	CRISIL A1+	1.35%
Kotak Mahindra Bank Ltd. (MD 05/03/2027)	CRISIL A1+	1.34%
Jio Credit Ltd. (MD 12/03/2027) · Commercial paper	CRISIL A1+	1.34%
Small Industries Development Bank of India (MD 20/08/2027) · Certificate of deposit	CRISIL A1+	1.24%
Punjab National Bank (MD 05/02/2027) · Certificate of deposit	CRISIL A1+	1.24%
9.25% Indostar Capital Finance Ltd. (MD 24/01/2028) · Bond	CARE AA-	0.83%
Indostar Capital Finance Ltd. (MD 15/10/2026) · Commercial paper	CRISIL A1+	0.83%
8.60% Muthoot Finance Ltd. (MD 02/03/2028) · Bond	CRISIL AA+	0.83%
7.80% Bajaj Finance Ltd. (MD 10/12/2027) · Bond	CRISIL AAA	0.83%
182 Days Treasury Bills (MD 26/02/2027) · Government security	Sovereign	0.81%
8.60% Aditya Birla Renewables Ltd. (MD 24/09/2027) · Bond	CRISIL AA	0.55%
8.60% Manappuram Finance Ltd. (MD 24/03/2028) · Bond	CRISIL AA	0.55%
7.86% Tata Capital Housing Finance Ltd. (MD 21/09/2029) · Bond	CRISIL AAA	0.55%
Punjab National Bank (MD 09/03/2027) · Certificate of deposit	CRISIL A1+	0.54%
Corporate Debt Market Development Fund - Class A2		0.33%
8.19% State Government of Kerala (MD 19/12/2028) · State government security	Sovereign	0.28%

Mirae Asset Ultra Short-Term Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Mirae Asset Ultra Short to Short Term FundLow Duration · Mirae Asset	27.2%	27	Compare
Nippon India Ultra Short Term FundUltra Short · Nippon India	13.0%	14	Compare
Aditya Birla Sun Life Crisil-IBX Financial Services 3 to 6 months Debt Index FundIndex · Aditya Birla Sun Life	12.4%	7	Compare
DSP Ultra Short Term FundUltra Short · DSP	12.4%	13	Compare
Mirae Asset Money Market FundMoney Market · Mirae Asset	12.1%	11	Compare
Tata Ultra Short Term FundUltra Short · Tata	11.7%	9	Compare
HSBC Ultra Short Term FundUltra Short · HSBC	11.6%	9	Compare
HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index FundIndex · HDFC	11.1%	6	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Mirae Asset Ultra Short-Term Fund Overview

Fund facts from the scheme summary document

Expense ratio (Direct): 0.22%
Expense ratio (Regular): 0.68%
Category: Ultra Short
Risk: Not available
Benchmark: Not available
Launch date: Not available
Minimum investment: Not available
Minimum additional investment: Not available
AUM: ₹1,808.07 Cr (30-09-2026)
Lock in: Not available
Scheme code (Direct): 148529
ISIN (Direct): INF769K01GK6
Scheme code (Regular): 148530
ISIN (Regular): INF769K01GH2
NAV history: From 08-10-2020, 6.1 years

Exit load: Not available

Tax on Mirae Asset Ultra Short-Term Fund returns

Mirae Asset Ultra Short-Term Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹1,439.4425	30-10-2026
direct	IDCW	₹1,438.9744	30-10-2026
regular	Growth	₹1,418.9574	30-10-2026
regular	IDCW	₹1,418.397	30-10-2026

About Mirae Asset Ultra Short-Term Fund

Mirae Asset Ultra Short-Term Fund is a mutual fund from Mirae Asset Mutual Fund. Its category is Ultra Short. At the end of September 2026 it held 55 securities.

Fund Manager

Not available

See all funds of Mirae Asset Mutual Fund

AUM change

September 2026: ₹1,808.07 Cr; −12.47% from August 2026
August 2026: ₹2,065.66 Cr; +7.83% from July 2026
July 2026: ₹1,915.66 Cr; +30.58% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Mirae Asset Ultra Short-Term Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Mirae Asset Ultra Short-Term vs Tata Ultra Short Term11.7% overlap
Mirae Asset Ultra Short-Term vs Aditya Birla Sun Life Ultra Short TermUltra Short
Mirae Asset Ultra Short-Term vs Axis Ultra Short Term fundUltra Short
Mirae Asset Ultra Short-Term vs ICICI Prudential Ultra Short TermUltra Short
Mirae Asset Ultra Short-Term vs Mirae Asset Ultra Short to Short Term27.2% overlap
Mirae Asset Ultra Short-Term vs Nippon India Ultra Short Term13.0% overlap
Mirae Asset Ultra Short-Term vs Aditya Birla Sun Life Crisil-IBX Financial Services 3 to 6 months Debt Index12.4% overlap
Mirae Asset Ultra Short-Term vs DSP Ultra Short Term12.4% overlap

Compare with any other fund

Frequently Asked Questions for Mirae Asset Ultra Short-Term Fund

What is the current NAV of Mirae Asset Ultra Short-Term Fund?

The Direct plan NAV is ₹1,439.4425. The Regular plan NAV is ₹1,418.9574, as on 30-10-2026.

What are the returns of Mirae Asset Ultra Short-Term Fund?

The Direct plan returned +6.48% in 1 year, +7.34% a year over 3 years, +6.73% a year over 5 years. The Regular plan returned +6.17% in 1 year, +7.06% a year over 3 years, +6.48% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of Mirae Asset Ultra Short-Term Fund?

The Direct plan charges 0.22% a year. The Regular plan charges 0.68% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.

What is the AUM of Mirae Asset Ultra Short-Term Fund?

Mirae Asset Ultra Short-Term Fund managed ₹1,808.07 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Mirae Asset Ultra Short-Term Fund?

At the end of September 2026 the largest holdings were 8.45% Motilal Oswal Home Finance Ltd. (MD 07/01/2027) (4.15%), National Bank for Agriculture and Rural Development (MD 26/02/2027) (4.03%), HDFC Bank Ltd. (MD 12/03/2027) (4.03%), Small Industries Development Bank of India (MD 25/03/2027) (4.01%), 7.64% REC Ltd. (MD 30/04/2027) (3.04%). The fund held 55 securities in all.

How do I invest in Mirae Asset Ultra Short-Term Fund?

Through Mirae Asset Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. You can invest once or through a monthly SIP.

How has Mirae Asset Ultra Short-Term Fund performed against its benchmark?

Its benchmark is NIFTY Ultra Short Duration Debt Index A-I. The Direct plan returned +6.73% a year over 5 years. The benchmark returned +6.59% a year over 5 years.

How does Mirae Asset Ultra Short-Term Fund rank in its category?

The Direct plan ranks 4 of 23 Ultra Short funds by its 3 year return. The category average is +6.82% a year.

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.