Mirae Asset Ultra Short-Term Fund - Regular Plan - IDCW
Performance chart
Past performance may or may not be sustained in future.
Quick take
- Over 5 years it returned 6.5% a year.
- Volatility over 3 years was 0.4% a year, with a Sharpe ratio of 1.56.
- Its biggest fall from a peak was 0.2% (8 Jan 2021 to 18 Jan 2021).
- Across all 3-year periods since launch, yearly returns ranged from 4.8% to 7.4% and were positive 100% of the time.
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| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | +0.01% | +0.45% | +1.57% | +3.17% | +5.01% | +6.30% | +6.88% | +7.11% | +6.47% | — | — | +5.96% |
Point-to-point NAV returns as on 15 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Regular Growth plans in Ultra Short Duration Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| This fund | +5.01% | +7.18% | +7.65% | +7.11% | +4.66% | +3.43% |
January to December each year; the current year is to date.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 0.39% | 0.36% |
| Sharpe ratio ? | 1.56 | -0.08 |
| Sortino ratio ? | 2.76 | -0.13 |
| Maximum drawdown | -0.11% | -0.16% |
Rolling 3-year returns (yearly)
Rolling 5-year returns (yearly)
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR |
|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,24,194 | ₹4,194 | +6.52% |
| 3Y | ₹3,60,000 | ₹3,99,456 | ₹39,456 | +6.87% |
| 5Y | ₹6,00,000 | ₹7,14,059 | ₹1,14,059 | +6.89% |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
Compare with all Ultra Short Duration Funds (58)
Sorted by 3-year return; tap a heading to sort. Sorting by past returns is a way to explore data, not a ranking of which fund to choose. 3Y and 5Y are yearly (CAGR).
Scheme details
- Fund house
- Mirae Asset Mutual Fund
- Category
- Ultra Short Duration Funds · Debt
- Plan / option
- Regular · IDCW (income distribution)
- AMFI scheme code
- 148531
- ISIN
- INF769K01GG4, INF769K01GI0
- Exit load & portfolio
- See the scheme's KIM and monthly factsheet on the fund house website.
About Ultra Short Duration Funds
Ultra Short Duration Funds hold debt with a Macaulay duration of 3 to 6 months.
Generally used by money needed in about 3–6 months.
Other plans of this scheme
Questions about this scheme
What is the NAV of Mirae Asset Ultra Short-Term Fund today?
What returns has Mirae Asset Ultra Short-Term Fund given?
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What is the difference between Direct and Regular plans?
What are Ultra Short Duration Funds?
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