Markets / Mutual funds / Ultra Short Duration

Mirae Asset Ultra Short to Short Term Fund - Regular Plan - IDCW

NAVs of 8 Nov 2026

Mirae Asset Mutual Fund · Debt fund · Regular plan · IDCW

Ultra Short DurationRegular · IDCWRisk: Low to Moderate

NAV · 5 Nov 2026

₹1,208.9337 ▲ 0.00%

Mirae Asset Mutual Fund

Fund size₹2,198 crJuly - September 2026

1-month range₹1,206.74 – 1,208.93

1 year0.00%

Expense ratio0.87%regular plan, a year

5 years0.00%a year

What the fund does

The investment objective of the scheme is to seek to generate returns with a portfolio comprising of debt and money market instruments, such that Macaulay duration of the portfolio is between 6 months - 12 months. The Scheme does not guarantee any returns

BenchmarkNifty Low Duration Debt Index A-I

Launched5 Mar 2008

Fund houseMirae Asset Mutual Fund

Fund managersBasant Bafna

NAV history

Returns

1 week

+0.05%avg 0.2%

1 month

0.00%avg 0.3%

3 months

0.00%avg 1.0%

6 months

0.00%avg 2.6%

This year

0.00%avg 4.3%

1 year

0.00%avg 5.1%

3 years (a year)

0.00%avg 6.1%

5 years (a year)

0.00%avg 5.6%

Bars: this plan; the thin mark is the Ultra Short Duration average (regular plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												+0.0
2025	+0.0	+0.0	+0.0	+0.0	+0.0	+0.0	+0.0	-0.0	+0.0	+0.0	+0.0	+0.0
2026	+0.0	+0.0	+0.0	-0.1	+0.1	+0.0	+0.0	+0.0	+0.0	-0.0	+0.0

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Holdings7578 lines in all

Top 10 holdings31.6%of the fund

Debt61.9%bonds, government securities

Money market35.1%CDs, CPs, treasury bills

Where the money is

Debt 61.9%Money market 35.1%Cash & others 3.0%

Credit quality (debt and money market)

AAA

45.9%

A1+

25.6%

Sovereign

11.5%

AA+

6.3%

AA-

4.6%

3.0%

Changes since 31 Aug 2026

Share of fund	30 Sept 2026	31 Aug 2026	Change
Debt	61.9%	57.2%	+4.65
Money market	35.1%	34.9%	+0.23
Cash & others	3.0%	7.9%	-4.88

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Bonds, money market and cash 78

Holding	Sector / type	% of fund
182 Days Treasury Bills (MD 26/02/2027) IN002026Y212	Sovereign	4.69%
Small Industries Development Bank of India (MD 11/06/2027)# INE556F16CE8	CRISIL A1+	4.11%
7.86% Tata Capital Housing Finance Ltd. (MD 21/09/2029) INE033L07IJ1	CRISIL AAA	3.46%
7.54% Knowledge Realty Trust (MD 08/05/2029)** INE1JAR07028	CRISIL AAA	3.37%
7.59% REC Ltd. (MD 31/05/2027) INE020B08FA2	CRISIL AAA	3.27%
7.64% REC Ltd. (MD 30/04/2027)** INE020B08EX7	[ICRA]AAA	3.05%
7.60% Poonawalla Fincorp Ltd. (MD 28/05/2027)** INE511C07870	CRISIL AAA	3.05%
7.85% Power Finance Corporation Ltd. (MD 03/04/2028)** INE134E08JP5	CRISIL AAA	2.19%
7.75% Power Finance Corporation Ltd. (MD 22/03/2027)** INE134E08IX1	CRISIL AAA	2.19%
364 Days Treasury Bills (MD 03/12/2026) IN002025Z369	Sovereign	2.16%
Tata Capital Housing Finance Ltd. (MD 03/02/2027)** INE033L14OQ0	CRISIL A1+	2.13%
Canara Bank (MD 28/06/2027)**# INE476A16K14	CRISIL A1+	2.07%
Small Industries Development Bank of India (MD 20/08/2027)**# INE556F16CG3	CRISIL A1+	2.05%
7.80% National Bank for Agriculture and Rural Development (MD 15/03/2027) INE261F08EF5	[ICRA]AAA	1.97%
8.60% Manappuram Finance Ltd. (MD 24/03/2028)** INE522D07CK1	CRISIL AA	1.95%
National Bank for Agriculture and Rural Development (MD 14/01/2027)**# INE261F16AD1	CRISIL A1+	1.93%
7.48% National Bank for Agriculture and Rural Development (MD 15/09/2028) INE261F08EO7	CRISIL AAA	1.91%
7.79% Small Industries Development Bank of India (MD 19/04/2027) INE556F08KK5	CRISIL AAA	1.75%
7.95% LIC Housing Finance Ltd. (MD 29/01/2028)** INE115A07MW4	CRISIL AAA	1.75%
182 Days Treasury Bills (MD 19/11/2026) IN002026Y071	Sovereign	1.52%
7.30% Bharti Telecom Ltd. (MD 01/12/2027)** INE403D08306	CRISIL AAA	1.38%
7.19% State Government of Gujarat (MD 23/10/2027) IN1520190126	Sovereign	1.10%
8.80% Motilal Oswal Finvest Ltd. (MD 10/09/2027)** INE01WN07128	CRISIL AA+	1.10%
7.60% Power Finance Corporation Ltd. (MD 20/02/2027)** INE134E08IT9	CRISIL AAA	1.09%
7.79% Small Industries Development Bank of India (MD 14/05/2027) INE556F08KM1	CRISIL AAA	1.09%
8.04% Bajaj Housing Finance Ltd. (MD 18/01/2027)** INE377Y07441	CRISIL AAA	1.09%
8.60% Aditya Birla Renewables Ltd. (MD 24/09/2027)** INE01QP08016	CRISIL AA	1.09%
7.05% Embassy Office Parks Reit (MD 18/10/2026)** INE041007084	CRISIL AAA	1.09%
7.23% Power Finance Corporation Ltd. (MD 05/01/2027)** INE134E08IO0	CRISIL AAA	1.09%
9.25% SK Finance Ltd. (MD 24/10/2027)** INE124N07762	[ICRA]AA-	1.09%
7.35% Export-Import Bank of India (MD 27/07/2028)** INE514E08GE8	CRISIL AAA	1.09%
7.30% SPR Auto Technologies Ltd. (MD 23/08/2027)** INE526E07015	IND AA+	1.09%
7.58% REC Ltd. (MD 31/05/2029)** INE020B08FD6	[ICRA]AAA	1.09%
7.35% Bharti Telecom Ltd. (MD 15/10/2027)** INE403D08272	CRISIL AAA	1.08%
7.35% SPR Auto Technologies Ltd. (MD 23/02/2028)** INE526E07023	IND AA+	1.08%
364 Days Treasury Bills (MD 17/12/2026) IN002025Z385	Sovereign	1.08%
9.25% SK Finance Ltd. (MD 16/07/2029)** INE124N07812	IND AA-	1.08%
9.10% SK Finance Ltd. (MD 10/08/2029)** INE124N07820	IND AA-	1.07%
7.70% Bajaj Finance Ltd. (MD 20/09/2029) INE296A07UB9	CRISIL AAA	1.07%
Export-Import Bank of India (MD 29/01/2027)**# INE514E16CO9	CRISIL A1+	1.07%
Kotak Mahindra Bank Ltd. (MD 05/03/2027)**# INE237AD6166	CRISIL A1+	1.06%
Axis Bank Ltd. (MD 05/03/2027)**# INE238AD6CG0	CRISIL A1+	1.06%
National Bank for Agriculture and Rural Development (MD 02/03/2027)**# INE261F16AM2	CRISIL A1+	1.06%
HDFC Bank Ltd. (MD 12/03/2027)**# INE040A16IZ6	CRISIL A1+	1.06%
Jio Credit Ltd. (MD 12/03/2027)** INE282H14105	CRISIL A1+	1.06%
7.73% Larsen & Toubro Ltd. (MD 28/04/2028)** INE018A08BE9	CRISIL AAA	1.05%
7.45% Torrent Pharmaceuticals Ltd. (MD 19/01/2028)** INE685A07132	[ICRA]AA+	1.04%
Indian Bank (MD 15/06/2027)**# INE562A16RK2	CRISIL A1+	1.04%
7.30% Tata Capital Housing Finance Ltd. (MD 11/02/2028)** INE033L07IR4	CRISIL AAA	1.04%
ICICI Bank Ltd. (MD 12/02/2027)**# INE090AD6287	[ICRA]A1+	1.02%
Canara Bank (MD 12/03/2027)**# INE476A16H92	CRISIL A1+	1.02%
Kotak Mahindra Bank Ltd. (MD 12/02/2027)**# INE237AD6141	CRISIL A1+	0.94%
Net Receivables / (Payables)	–	0.90%
9.40% Indostar Capital Finance Ltd. (MD 18/06/2027)** INE896L07AL4	CARE AA-	0.87%
8.02% Cholamandalam Investment & Finance Co. Ltd. (MD 27/02/2029)** INE121A07SU3	[ICRA]AA+	0.87%
7.34% TATA Capital Ltd. (MD 21/02/2029)** INE976I07DE9	CRISIL AAA	0.87%
6.07% National Bank for Agriculture and Rural Development (MD 19/11/2027)** INE261F08CM5	[ICRA]AAA	0.86%
7.01% National Bank for Agriculture and Rural Development (MD 16/03/2029)** INE261F08ES8	CRISIL AAA	0.86%
REC Ltd. (MD 19/03/2027) INE020B14748	CRISIL A1+	0.85%
7.56% REC Ltd. (MD 31/08/2027)** INE020B08FF1	[ICRA]AAA	0.83%
TREPS	–	0.72%
8.19% State Government of Kerala (MD 19/12/2028) IN2020180120	Sovereign	0.67%
8.42% Godrej Industries Ltd. (MD 27/12/2027)** INE233A08139	CRISIL AA+	0.66%
7.12% Export-Import Bank of India (MD 27/06/2030)** INE514E08GF5	CRISIL AAA	0.64%
Punjab National Bank (MD 09/03/2027)**# INE160A16UQ6	CRISIL A1+	0.64%
Punjab National Bank (MD 12/03/2027)# INE160A16UV6	CRISIL A1+	0.64%
7.53% Bajaj Housing Finance Ltd. (MD 28/09/2029) INE377Y07672	CRISIL AAA	0.60%
9.25% Indostar Capital Finance Ltd. (MD 24/01/2028)** INE896L07AQ3	CARE AA-	0.44%
7.56% India Infrastructure Finance Company Ltd. (MD 20/03/2028)** INE787H08188	IND AAA	0.44%
Indostar Capital Finance Ltd. (MD 15/10/2026)** INE896L14FC8	CRISIL A1+	0.44%
ICICI Bank Ltd. (MD 25/03/2027)**# INE090AD6337	[ICRA]A1+	0.42%
7.24% Shivshakti Securitisation Trust (MD 28/09/2029)** INE2I7G15010	CRISIL AAA(SO)	0.42%
Corporate Debt Market Development Fund - Class A2# INF0RQ622028	–	0.31%
7.45% Export-Import Bank of India (MD 12/04/2028)** INE514E08GB4	CRISIL AAA	0.28%
7.37% Government of India (MD 23/10/2028) IN0020230101	Sovereign	0.22%
8.42% Muthoot Finance Ltd. (MD 26/07/2029)** INE414G07JZ7	CRISIL AA+	0.22%
8.20% Cholamandalam Investment & Finance Co. Ltd. (MD 17/02/2028)** INE121A07SL2	[ICRA]AA+	0.22%
7.75% State Government of Karnataka (MD 01/03/2027) IN1920160109	Sovereign	0.11%

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From the fund house's monthly portfolio (miraeassetmf.co.in), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility0.4%yearly, from daily NAVs

Worst fall-1.59%30 Nov 2016 → 30 Apr 2020

RiskometerLow to ModerateLow to Moderate

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 May 2016).

Fund details

Fund size (average AUM, July - September 2026)	₹2,198 cr across all plans · this plan ₹0.12 cr
Fund house	Mirae Asset Mutual Fund
Category	Debt · Ultra Short Duration
Plan	Regular
Option	IDCW
Expense ratio (TER)	Direct 0.21% · Regular 0.87% (5 Nov 2026)
Minimum investment	₹5,000 · additional ₹1,000
Scheme code (AMFI)	118843
NAV date	5 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Regular · Growth	₹2,435.0095	+5.43%
Regular · Growth	₹2,674.6442	+6.15%
Regular · IDCW	₹1,005.1646	0.00%
Regular · IDCW	₹1,108.3299	+0.05%
Regular · IDCW	₹1,004.5015	-0.06%
Regular · IDCW	₹1,091.5741	+0.18%
Regular · IDCW	₹1,164.5231	+0.23%
Regular · IDCW	₹1,005.0511	-0.04%
Regular · IDCW	₹1,456.6374	+0.05%

Top Ultra Short Duration funds (regular plans)

Fund	1 year	3 years (a year)
Tata Ultra Short Term Fund	+6.93%	+7.48%
Mirae Asset Ultra Short to Short Term Fund	+6.15%	+7.41%
Axis Ultra Short Term Fund	+6.67%	+7.41%
Axis Ultra Short to Short Term Fund	+6.11%	+7.40%
Mirae Asset Ultra Short-Term Fund	+6.64%	+7.39%
HSBC Ultra Short to Short Term Fund	+5.56%	+7.27%
ICICI Prudential Ultra Short to Short Term Fund	+5.90%	+7.25%
Tata Ultra Short to Short Term Fund	+6.14%	+7.25%

All Ultra Short Duration funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of Mirae Asset Ultra Short to Short Term Fund - Regular Plan - IDCW today?

₹1,208.9337 as of 5 Nov 2026, from AMFI's official NAV data.

What are the returns of Mirae Asset Ultra Short to Short Term Fund - Regular Plan - IDCW?

1 year: 0.00%, 3 years: 0.00% a year, 5 years: 0.00% a year

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.