Question 1

What is the Expense Ratio of Mirae Asset Ultra Short to Short Term Fund - Direct - Growth?

Accepted Answer

The Expense Ratio of Mirae Asset Ultra Short to Short Term Fund - Direct - Growth is 0.22% as of 01/08/2026. This is the fee charged by the fund house for managing the fund.

Question 2

What is the AUM of Mirae Asset Ultra Short to Short Term Fund - Direct - Growth?

Accepted Answer

The Assets Under Management (AUM) of Mirae Asset Ultra Short to Short Term Fund - Direct - Growth is ₹1,365.12 Crores as of Quarter ending June 2026.

Question 3

What is the 3-Year CAGR of Mirae Asset Ultra Short to Short Term Fund - Direct - Growth?

Accepted Answer

The 3-Year Compound Annual Growth Rate (CAGR) of Mirae Asset Ultra Short to Short Term Fund - Direct - Growth is 7.34%. This indicates the average annual growth rate over the last 3 years.

Question 4

Who manages Mirae Asset Ultra Short to Short Term Fund - Direct - Growth?

Accepted Answer

Mirae Asset Ultra Short to Short Term Fund - Direct - Growth is managed by Mirae Asset Mutual Fund.

Question 5

Is Mirae Asset Ultra Short to Short Term Fund - Direct - Growth an open-ended or close-ended scheme?

Accepted Answer

Mirae Asset Ultra Short to Short Term Fund - Direct - Growth is an Open-Ended scheme.

Question 6

How is the Expense Ratio calculated?

Accepted Answer

The Expense Ratio is the annual fee that mutual funds charge their unitholders. It expresses the percentage of assets deducted each fiscal year for fund expenses including 12b-1 fees, management fees, administrative fees, operating costs, and all other asset-based costs incurred by the fund.

Period	Returns	CAGR	Volatility
3M	2.12%	8.74%	0.76%
6M	3.26%	6.62%	0.79%
1Y	6.34%	6.34%	0.61%
3Y	23.68%	7.34%	0.49%
5Y	37.26%	6.54%	0.46%

Scheme	3Y CAGR (%)	TER (%)	AUM (Cr)
HSBC Low Duration Fund - Direct - Growth	7.74%	0.40%	₹392.14
Nippon India Ultra Short to Short Term Fund - Direct - Growth	7.35%	0.39%	₹6,354.2
Kotak Low Duration Fund - Direct - Growth	7.38%	0.42%	₹9,212.09
ICICI Prudential Savings Fund - Direct - Growth	7.32%	0.42%	₹18,841.79
Axis Ultra Short to Short Term Fund - Direct - Growth	7.32%	0.37%	₹4,247.05
Mahindra Manulife Low Duration Fund - Direct - Growth	7.33%	0.35%	₹73.95
HDFC Low Duration Fund - Direct - Growth	7.29%	0.46%	₹12,835.22

Mirae Asset Ultra Short to Short Term Fund - Direct - Growth

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