Mirae Asset Ultra Short Term Fund

Mutual fund

Direct · Growth

· AMFI 148529

₹1,444.83

+6.7%over 1 year

Price of one unit (NAV) on 11 November 2026

Past prices are not a forecast of anything.

Ask about this fund

Overview

Kind of fund: Ultra Short Duration
Yearly fee: 0.22%; Since 1 October 2026
Fund size: ₹1,808 crore
Started: 7 October 2020
Exit load: None
Compared against: NIFTY Ultra Short Duration Debt Index A-I
Plan: Direct · Growth
Holds: 56 lines, no company shares; 56 lines in all
Holdings as at: 29 September 2026

What does it hold?

Bonds and money market 102.3% · cash -2.3% · holdings as at 29 September 2026

1
MOTILAL OSWAL HOME FINANCE LIMITED SR MOHFL2425 1 8.55 NCD 07JN27
4.1%
2
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 26FEB27
4.0%
3
HDFC BANK LIMITED CD 12MAR27
4.0%
4
Small Industries Development Bank of India (25/03/2027) #
4.0%
5
REC LIMITED SR 231A 7.64 BD 30AP27 FVRS1LAC
3.0%
6
REC Ltd SR-147 Bonds 7.95 12/03/2027
2.8%
7
Power Finance Corporation Ltd Bonds/Deb 7.60 20/02/2027
2.8%
8
REC LIMITED SR 230-A 7.71 BD 26FB27 FVRS1LAC
2.8%
9
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR 665 RR NCD 27FB29 FVRS1LAC
2.8%
10
MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED SR AC2026 RR NCD 18MY29 FVRS1LAC
2.8%

Show all 56

11
TATA PROJECTS LIMITED SR P 8.33 NCD 24JU27 FVRS1LAC
2.8%
12
EXPORT IMPORT BANK OF INDIA 363D CP 25JAN27
2.7%
13
TATA CAPITAL HOUSING FINANCE LIMITED 365D CP 03FEB27
2.7%
14
INDIAN BANK CD 09FEB27
2.7%
15
182 DTB (18-MAR-2027)
2.7%
16
CANARA BANK CD 12MAR27
2.7%
17
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 18MAR27
2.7%
18
INDIAN BANK CD 21JUN27
2.6%
19
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IV 7.79 BD 19AP27 FVRS1LAC
2.5%
20
MUTHOOT FINANCE LIMITED RR NCD 26JL29 FVRS1LAC
2.5%
21
INDIAN BANK CD 12JAN27
2.4%
22
BANK OF BARODA CD 08JAN27
2.2%
23
MANAPPURAM FINANCE LIMITED 8.60 NCD 27MR28 FVRS1LAC
1.8%
24
TATA CAPITAL LIMITED SR B RR NCD 21FB29 FVRS1LAC
1.7%
25
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 14JAN27
1.6%
26
REC Limited (19/03/2027)
1.6%
27
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 11JUN27
1.6%
28
360 ONE PRIME LIMITED RR NCD 25JL28 FVRS1LAC
1.4%
29
AADHAR HOUSING FINANCE LIMITED 8.65 NCD 21AG27 FVRS1LAC
1.4%
30
Power Finance Corporation Ltd SR-158 Bonds 7.18 20/01/2027
1.4%
31
EMBASSY OFFICE PARKS REIT SR V TR B 7.05 NCD 18OT26 FVRS10LAC
1.4%
32
TATA CAPITAL HOUSING FINANCE LIMITED SR G 8 NCD 03NV27 FVRS10LAC
1.4%
33
Export-Import Bank Of India 7.22 03/08/2027
1.4%
34
SHRIRAM PISTONS & RINGS LIMITED SR I 7.30 NCD 23AG27 FVRS1LAC
1.4%
35
SK FINANCE LIMITED 9.25 NCD 16JL29 FVRS1LAC
1.4%
36
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 22JAN27
1.4%
37
INDIAN BANK CD 29JAN27
1.4%
38
PUNJAB NATIONAL BANK CD 10FEB27
1.3%
39
SUNDARAM FINANCE LIMITED 306D CP 15FEB27
1.3%
40
PUNJAB NATIONAL BANK CD 26FEB27
1.3%
41
KOTAK MAHINDRA BANK LIMITED CD 05MAR27
1.3%
42
JIO Credit Limited **
1.3%
43
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 20AUG27
1.2%
44
PUNJAB NATIONAL BANK CD 05FEB27
1.2%
45
INDOSTAR CAPITAL FINANCE LIMITED SR XXXIII 9.25 NCD 24JN28 FVRS1LAC
0.8%
46
INDOSTAR CAPITAL FINANCE LIMITED 185D CP 15OCT26
0.8%
47
MUTHOOT FINANCE LIMITED 8.60 NCD 02MR28 FVRS1LAC
0.8%
48
BAJAJ FINANCE LIMITED 7.7951 NCD 10DC27 FVRS1LAC
0.8%
49
GOVERNMENT OF INDIA 37862 182 DAYS TBILL 26FB27 FV RS 100
0.8%
50
ADITYA BIRLA RENEWABLES LIMITED 8.6 NCD 24SP27 FVRS1LAC
0.6%
51
MANAPPURAM FINANCE LIMITED 8.60 NCD 24MR28 FVRS1LAC
0.6%
52
TATA CAPITAL HOUSING FINANCE LIMITED SR C 7.86 NCD 21SP29 FVRS1LAC
0.5%
53
PUNJAB NATIONAL BANK CD 09MAR27
0.5%
54
Others Class A2 AIF
0.3%
55
STATE DEVELOPMENT LOAN 21110 KER 19DC28 8.19 FV RS 100
0.3%
56
Net Payables
-2.3%

What does it cost?

0.22% a year: ₹22 on every ₹10,000 you hold.

The middle fee for Ultra Short Duration direct plans is 0.29%.

Exit load: None

How has it done?

1 year: +6.7%
3 years, per year: +7.4%
5 years, per year: +6.8%

Worst fall so far: −0.2% (May 2022 to May 2022).

Against other Ultra Short Duration funds: out of 38 three-year stretches, it finished above the middle Ultra Short Duration fund in 36.

Past prices are not a forecast of anything.

Events

1 October 2026Fee changed from 0.23% to 0.22% a year.
29 September 2026New portfolio published: holdings as at 29 September 2026.
23 July 2026Fee moved between 0.20% and 0.23% a year (2 changes, 23 Jun – 23 Jul 2026).
1 June 2026Fee moved between 0.17% and 0.20% a year (3 changes, 29 May – 1 Jun 2026).
28 May 2026Fee changed from 0.29% to 0.17% a year.

Show all 21

27 May 2026Fee changed from 0.19% to 0.29% a year.
26 May 2026Fee moved between 0.17% and 0.22% a year (4 changes, 18 May – 26 May 2026).
15 May 2026Fee changed from 0.35% to 0.17% a year.
14 May 2026Fee changed from 0.20% to 0.35% a year.
12 May 2026Fee changed from 0.23% to 0.20% a year.
11 May 2026Fee changed from 0.17% to 0.23% a year.
9 May 2026Fee moved between 0.17% and 0.22% a year (3 changes, 7 May – 9 May 2026).
6 May 2026Fee changed from 0.26% to 0.22% a year.
5 May 2026Fee changed from 0.20% to 0.26% a year.
4 May 2026Fee moved between 0.16% and 0.21% a year (14 changes, 19 Feb 2025 – 4 May 2026).
17 January 2025Fee moved between 0.19% and 0.24% a year (20 changes, 23 Aug 2023 – 17 Jan 2025).
19 August 2023Fee moved between 0.24% and 0.29% a year (3 changes, 20 Jun – 19 Aug 2023).
15 March 2023Fee moved between 0.28% and 0.31% a year (3 changes, 19 Aug 2022 – 15 Mar 2023).
3 April 2022Fee changed from 0.34% to 0.28% a year.
20 March 2022Fee changed from 0.30% to 0.34% a year.
20 February 2022Fee moved between 0.27% and 0.30% a year (2 changes, 20 Jan – 20 Feb 2022).

Sources and dates

Holdings: Groww's page for this fund, month-end 29 September 2026
Prices: AMFI via mfapi.in, to 11 November 2026
Fee: Groww, from 1 October 2026
Company sizes: SEBI's rank by full market value, 25 September 2026