HealthyDirect · Growth
Mirae Asset Ultra Short to Short Term Fund
Mirae Asset Mutual FundIncome/Debt Oriented Schemes - Ultra Short to Short Term Fund13.7 years
- NAV
- 2,655.8374
- 15 Sept 2026
- 1Y
- +6.5%
- Trailing CAGR
- AUM
- ₹2,433.82 Cr
- 31 Aug 2026
- Volatility
- Low
- 0.7% annualized
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+6.5%
- 3Y+7.5%
- 5Y+6.6%
- 10Y+6.6%
- SI+7.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.6%
- 3Y+7.2%
- 5Y+7.2%
- 10Y+6.6%
- Since inception
- +7.0%
- Calendar-day CAGR
- Excess 1Y
- +0.0%
- Category median, same plan and option
- 3Y win rate
- +18%
- Windows beating the median
- 3Y percentile
- 63
- Vs comparable share classes
- Worst rolling 3Y
- +4.9%
- 2590 daily-ending windows
- Median rolling 3Y
- +7.0%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2107 daily-ending windows
- SIP 3Y XIRR
- +7.2%
- Simulated monthly SIP
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 4 days
- 145 recovered episodes
- Longest recovery
- 55 days
- Trough to prior peak
- Current spell
- 6 days
- Days below latest peak
- Time below peak
- +14%
- NAV observations
5 Mar 2020 – 30 Mar 2020
Trough 24 Mar 2020 · recovered in 6 days
-1.4%
3 Jun 2019 – 29 Jul 2019
Trough 4 Jun 2019 · recovered in 55 days
-1.2%
4 Dec 2019 – 8 Jan 2020
Trough 6 Dec 2019 · recovered in 33 days
-0.5%
23 Apr 2020 – 12 May 2020
Trough 28 Apr 2020 · recovered in 14 days
-0.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
63
Vs category
50
Consistency
21
Risk-adjusted
100
Drawdown
97
Mean
66
Portfolio
31 Aug 2026 · 82 holdings · top 10 are 30.5%.
- Top 5
- 18.6%
- Top 10
- 30.5%
- Largest holding
- 4.8%
- Effective holdings
- 54.3
Repo
Unspecified
4.8%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 11JUN27
Financial
3.9%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC
Financial
3.7%
KNOWLEDGE REALTY TRUST 7.5378 NCD 08MY29 FVRS1LAC
Real Estate
3.2%
REC LIMITED SR 232 A 7.59 BD 31MY27 FVRS1LAC
Financial
3.1%
What changed
DECISION
Status moved from MONITOR to HEALTHY.
11 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 Sept 2026
Healthy
Engine status
Healthy
Doing its job
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
BANDHAN ULTRA SHORT TO SHORT TERM FUND
Bandhan Mutual Fund
- 1Y
- +6.3%
- 3Y
- +7.2%
- Vol
- 0.7%
- Max DD
- -1.2%
- Sharpe
- 3.14
- 3Y win
- +32%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
BARODA BNP PARIBAS ULTRA SHORT TO SHORT TERM FUND - Weekly Option
Baroda BNP Paribas Mutual Fund
- 1Y
- +6.5%
- 3Y
- +7.4%
- Vol
- 0.5%
- Max DD
- -0.6%
- Sharpe
- 3.32
- 3Y win
- +85%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
Franklin India Ultra Short to Short Term Fund
Franklin Templeton Mutual Fund
- 1Y
- +6.7%
- 3Y
- n/a
- Vol
- 0.6%
- Max DD
- -0.1%
- Sharpe
- 3.61
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
HSBC Ultra Short to Short Term Fund
HSBC Mutual Fund
- 1Y
- +6.5%
- 3Y
- +7.9%
- Vol
- 0.8%
- Max DD
- -0.2%
- Sharpe
- 3.14
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility
Mahindra Manulife Ultra Short to Short Term Fund
Mahindra Manulife Mutual Fund
- 1Y
- +6.5%
- 3Y
- +7.4%
- Vol
- 0.6%
- Max DD
- -1.0%
- Sharpe
- 2.73
- 3Y win
- +77%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns