FAQ : Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth

Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 7.36 5.35 N/A N/A
Average Rolling Returns(%) N/A N/A N/A N/A

The Current NAV of Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth is ₹1191.77.

It is better to invest in a fund with a longer track record as Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY Ultra Short Duration Debt Index returns, as Funds portfolio is significantly different.

Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth fund’s expense ratio is 0.46%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth is currently ₹1,028 Crores.

The Top three stocks are , and and account for 0% of its portfolio. Top 5 and 10 stocks of fund account for 0% and 0% of fund’s portfolio respectively.

Top three sectors of Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth fund are Others, Miscellaneous and accounting for 100% of the total portfolio.

Since this is a Debt - Ultra Short Duration Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth Fund is Debt - Ultra Short Duration Fund.

Basant Bafna manages the Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth Fund.

Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth current PE ratio is and PB ratio is

The asset allocation of Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth is Stocks : 0%, Debt : 100.05% and Gold : 0.13%

The minimum SIP amount for Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth is ₹500.00 and minimum lumpsum is ₹5000.00

The exit load for Mirae Asset Ultra Short Duration Fund - Regular Plan - Growth is Nil

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