Debt · Ultra Short Term Fun

Mirae Asset Ultra Short-Term Fund

Mirae Asset Investment Managers (India) Pvt. Ltd

Benchmark

NIFTY Ultra Short Duration Debt Index A-I

Riskometer

Low to Moderate

Size

₹2,223 cr

Allotted

7 Oct 2020

Holdings as of

30 Sep 2026

Mirae Asset Ultra Short-Term Fund is a ultra short term fun fund of Mirae Asset Investment Managers (India) Pvt. Ltd with ₹2,223 cr under management. It is ahead of its benchmark (NIFTY Ultra Short Duration Debt Index A-I) in 2 of 3 periods. Its direct plan charges 0.22% a year. Basant Bafna has managed it for 3.7 years.

Debt and hybrid funds: the company-level sections (scorecard, companies inside, how it is run, nearest index) are not shown. Mix, returns, costs and managers only.

What is Mirae Asset Ultra Short-Term Fund invested in?

55% in debt, 47% in shares and -2% in cash, as of 30 Sep 2026.

Equity47.4%Debt54.6%Cash-2.3%Other0.3%

Holdings as of 30 Sep 2026

Has Mirae Asset Ultra Short-Term Fund beaten its benchmark?

Ahead of its benchmark, NIFTY Ultra Short Duration Debt Index A-I, in 2 of 3 periods in AMFI's figures; +6.68% over the last year against +6.69%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	+0.51%	−3.60%	—
3 months	+1.67%	−5.03%	—
6 months	+3.36%	−1.83%	—
1 year	+6.65%	−4.06%	+10.71 pts
3 years	+7.42%	+9.27%	−1.85 pts
5 years	+6.72%	+8.00%	−1.28 pts
10 years	—	+12.69%	—
Since start from 8 Oct 2020	+6.22%	—	—

Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (NIFTY Ultra Short Duration Debt Index A-I) in 2 of 3 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+6.68%	+6.38%	+6.69%	−0.01	🔒
3y	+7.41%	+7.13%	+7.20%	+0.21	🔒
5y	+6.73%	+6.48%	+6.60%	+0.13	🔒
10y	—	—	—	—	—

Ahead in points a year · its rank among Ultra Short Term Fun funds, and how steady the lead is, in the app

Value of 100, month-end

Oct 2020 to 14 Oct 2026

Fund 143Nifty 500 TRI 244

₹100 put in at the start of Oct 2020 would be ₹143 on 14 Oct 2026, against ₹244 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does Mirae Asset Ultra Short-Term Fund cost?

0.22% a year on the direct plan, 0.68% on the regular plan; 3 of 23 funds in its category charge less.

Direct plan

0.22% a year

Category median 0.30%

Regular plan

0.68% a year

Category median 0.82%

Gap

0.46 points

for the same holdings

3 of 23 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Income/Debt Oriented Schemes - Ultra Short Term Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Mirae Asset Ultra Short-Term Fund?

Basant Bafna, since 16 Jan 2023.

Basant Bafna

Primary

3.7 years

since 16 Jan 2023

Benchmark as filedNIFTY Ultra Short Duration Debt Index A-I

Exit load

NIL

From 3 Scheme Summary Documents filed with NSE, first on 25 Aug 2026; as on 4 Oct 2026

Questions people ask

Who manages Mirae Asset Ultra Short-Term Fund?

Basant Bafna (Primary) since 16 Jan 2023.

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

0.22% a year on the direct plan and 0.68% on the regular plan (expense report, Oct 2026).

How has Mirae Asset Ultra Short-Term Fund done?

Its direct plan returned +7.41% a year over 3 years against +7.20% for its benchmark, NIFTY Ultra Short Duration Debt Index A-I, as of 13 Oct 2026.