Mirae Asset Ultra Short-Term Fund-Reg(G)
- Debt
- Ultra Short Duration
- Low to Moderate Risk
Fund Overview
- Assets Under Management (AUM)
- ₹1,467.05 Cr
- Expense Ratio
- 0.40%
- Riskometer
- Low to Moderate
- Category
- Ultra Short Duration
- Asset Type
- Debt
- Benchmark
- CRISIL 1 year T-Bill Index
- SIP
- Available
- Switch
- Available
- Inception Date
- 15 Jan 2023
- ISIN
- INF769K01GH2
- Scheme Code
- USRG
- Fund Scheme ID
- 23559
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Performance & Returns
Calculate SIP ReturnsReturns by period
| Period | Trailing Return | Absolute Return | Annualised Return | CAGR |
|---|---|---|---|---|
| 1 Month | 5.84% | 0.50% | 5.84% | 6.00% |
| 3 Months | 6.74% | 1.70% | 6.74% | 6.91% |
| 6 Months | 7.03% | 3.55% | 7.03% | 7.16% |
| 1 Year | 6.43% | 6.43% | 6.43% | 6.43% |
| 3 Years | 7.15% | 23.04% | 7.67% | 7.15% |
| 5 Years | 6.43% | 36.63% | 7.32% | 6.43% |
| Since Inception | 5.97% | 41.21% | 6.93% | 5.97% |
Past performance is not indicative of future returns.
Portfolio
Asset Allocation
99.99%
- Certificate of Deposit46.67%
- Corporate Debt34.11%
- Commercial Paper12.49%
- Cash & Cash Equivalents and Net Assets5.97%
- Alternative Investment Fund0.40%
- Government Securities0.35%
Top Sectors
- Bank48.05%
- Finance10.84%
- Miscellaneous7.81%
- Infrastructure3.42%
- Automobile & Ancillaries1.70%
- G-Sec0.35%
Holdings
Overview of fund allocations across sectors and securities
Bank
Value
₹704.92 Cr
Weightage
48.05%
Finance
Value
₹159.03 Cr
Weightage
10.84%
Miscellaneous
Value
₹114.58 Cr
Weightage
7.81%
Infrastructure
Value
₹50.17 Cr
Weightage
3.42%
Automobile & Ancillaries
Value
₹24.94 Cr
Weightage
1.70%
G-Sec
Value
₹5.13 Cr
Weightage
0.35%
About
Fund Manager(s)
Mr. Basant Bafna
Launch Date
15 Jan 2023
Benchmark
CRISIL 1 year T-Bill Index
Objective
The investment objective of the scheme is to generate regular income and provide liquidity by investing primarily in a portfolio comprising of debt & money market instruments.
RISKOMETER
The riskometer indicates the level of risk associated with the fund based on historical data and portfolio composition.
Exit Load, Stamp Duty and Tax Implication
- Exit load
- Nil
- Stamp duty on investment: 0.005% (from July 1st, 2020)
- from July 1st 2020
- Tax implication
- --
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