Mirae Asset Ultra Short-Term Fund Direct-Growth
Debt: Ultra Short Term - Growth (Open ended) Factsheet
SEBI Riskometer: Low to ModerateCategory: Debt: Ultra Short TermBenchmark: NIFTY Ultra Short Duration Debt Index A-ICheck Portfolio Overlap →
NAV: ₹1,430.76+0.07%
07 Sept 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for Mirae Asset Ultra Short-Term Fund Direct-Growth.
Historical Asset Allocation
| Asset | 31 Jul 2026 | 30 Jun 2026 | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 | 28 Feb 2026 |
|---|---|---|---|---|---|---|
| Equity | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Debt | 93.12% | 94.03% | 91.90% | 94.37% | 92.13% | 97.93% |
| Others (incl. cash) | 6.88% | 5.97% | 8.10% | 5.63% | 7.87% | 2.07% |
| Commodities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Portfolio Snapshot
No. of Securities
53
Top Holding %
6.88%
Top 5 Holdings %
22.31%
Top 10 Holdings %
35.36%
Modified Duration
0.46 yrs
Avg. Maturity
0.79 yrs
Yield to Maturity
7.18%
AUM
₹1,916 Cr
Expense Ratio
0.23%
Since Inception
6.24%
Max Drawdown
-0.00%
Sharpe Ratio
3.22
Top Portfolio Holdings by Weight
Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.
| Instrument | Sector | No. of Shares | Value (Rs. Cr) | Weight | Change |
|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 1,00,00,000 | 97.51 | 5.09% | -1.52%↓ |
| Punjab National Bank | Financial | 75,00,000 | 74.42 | 3.88% | -4.53%↓ |
| National Bank For Agriculture & Rural Development | Financial | 75,00,000 | 73.58 | 3.84% | -1.15%↓ |
| Power Finance Corporation Ltd. | Financial | 50,00,000 | 50.16 | 2.62% | -0.80%↓ |
| Tata Projects Ltd. | Construction | 50,00,000 | 50.11 | 2.62% | -0.81%↓ |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 50,00,000 | 50.08 | 2.61% | -0.81%↓ |
| Export-Import Bank Of India | Financial | 50,00,000 | 50.06 | 2.61% | - |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 50,00,000 | 49.95 | 2.61% | -0.80%↓ |
| Reserve Bank of India | Financial | 50,00,000 | 49.82 | 2.60% | - |
| Axis Bank Ltd. | Financial | 50,00,000 | 49.6 | 2.59% | - |
| HDFC Bank Ltd. | Financial | 50,00,000 | 49.03 | 2.56% | -0.77%↓ |
| Small Industries Devp. Bank of India Ltd. | Financial | 50,00,000 | 48.84 | 2.55% | -0.76%↓ |
| Small Industries Devp. Bank of India Ltd. | Financial | 50,00,000 | 48.83 | 2.55% | 0.89%↑ |
| Export-Import Bank Of India | Financial | 50,00,000 | 48.38 | 2.53% | -0.76%↓ |
| Bank Of Baroda | Financial | 50,00,000 | 48.3 | 2.52% | - |
| Tata Capital Housing Finance Ltd. | Financial | 50,00,000 | 48.27 | 2.52% | -0.75%↓ |
| Indian Bank | Financial | 50,00,000 | 48.25 | 2.52% | - |
| Muthoot Finance Ltd. | Financial | 45,00,000 | 45.02 | 2.35% | -0.75%↓ |
| Indian Bank | Financial | 43,50,000 | 42.19 | 2.20% | 0.66%↑ |
| INDOSTAR-12.25%-23-5-16-A-PVT | Financial | 40,00,000 | 40.09 | 2.09% | -0.30%↓ |
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Debt Holdings — Credit Quality Profile
Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.
| Rating | Fund | Category |
|---|---|---|
| A1+ | 50.57% | 43.99% |
| AAA | 17.56% | 13.14% |
| AA | 9.30% | 2.77% |
| AA+ | 7.56% | 4.35% |
| Cash & Call Money | 6.88% | 14.15% |
| SOV | 4.42% | 11.04% |
| AA- | 3.40% | 0.59% |
| Others | 0.31% | 1.03% |
| A | - | 0.01% |
| A+ | - | 0.01% |
| BBB | - | 1.64% |
| Cash | - | -0.09% |
| D | - | 1.10% |
| Term Deposits | - | 0.01% |
Debt Insights
A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.
SEBI PRC matrix
Credit risk
| Interest risk | |||
|---|---|---|---|
| Low | Moderate | High | |
| Low | |||
| Moderate | |||
| High | |||
Instruments
| Full name | Description | Coupon rate | Maturity | Rating raw | Weight |
|---|---|---|---|---|---|
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 14/12/2026 | CRISIL A1+ | 5.09% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 15/09/2026 | CRISIL A1+ | 3.88% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 10/11/2026 | CRISIL A1+ | 3.84% |
| Tata Projects Ltd. | Debenture | 8.33% | 24/06/2027 | IND AA | 2.62% |
| Power Finance Corporation Ltd. | Bonds/Debentures | 7.60% | 20/02/2027 | CRISIL AAA | 2.62% |
| Cholamandalam Investment and Finance Company Ltd. | Debenture | 0.00% | 27/02/2029 | [ICRA]AA+ | 2.61% |
| Mahindra & Mahindra Financial Services Ltd. | Debenture | 0.00% | 18/05/2029 | CRISIL AAA | 2.61% |
| Export-Import Bank Of India | Debenture | 7.22% | 03/08/2027 | CRISIL AAA | 2.61% |
| Reserve Bank of India | Treasury Bills | 0.00% | 182-D 27/08/2026 | SOV | 2.60% |
| Axis Bank Ltd. | Certificate of Deposit | 0.00% | 16/09/2026 | CRISIL A1+ | 2.59% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 13/11/2026 | CRISIL A1+ | 2.56% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 04/12/2026 | CRISIL A1+ | 2.55% |
| Small Industries Devp. Bank of India Ltd. | Commercial Paper | 0.00% | 209-D 03/12/2026 | CRISIL A1+ | 2.55% |
| Export-Import Bank Of India | Commercial Paper | 0.00% | 363-D 25/01/2027 | CRISIL A1+ | 2.53% |
| Tata Capital Housing Finance Ltd. | Commercial Paper | 0.00% | 365-D 03/02/2027 | CRISIL A1+ | 2.52% |
| Indian Bank | Certificate of Deposit | 0.00% | 09/02/2027 | CRISIL A1+ | 2.52% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 03/02/2027 | IND A1+ | 2.52% |
| Muthoot Finance Ltd. | Debenture | 0.00% | 26/07/2029 | CRISIL AA+ | 2.35% |
| Indian Bank | Certificate of Deposit | 0.00% | 12/01/2027 | CRISIL A1+ | 2.20% |
| INDOSTAR-12.25%-23-5-16-A-PVT | Non Convertible Debenture | 9.25% | 24/01/2028 | CARE AA- | 2.09% |
| Aadhar Housing Finance Ltd | Debenture | 8.65% | 21/08/2027 | [ICRA]AA | 1.83% |
| Manappuram Finance Ltd. | Non Convertible Debenture | 8.60% | 27/03/2028 | CRISIL AA | 1.72% |
| Tata Capital Ltd. | Non Convertible Debenture | 0.00% | 21/02/2029 | CRISIL AAA | 1.57% |
| Reserve Bank of India | Treasury Bills | 0.00% | 364-D 17/09/2026 | SOV | 1.56% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 14/01/2027 | CRISIL A1+ | 1.52% |
| LIC Housing Finance Ltd. | Debenture | 7.70% | 16/05/2028 | CRISIL AAA | 1.31% |
| Power Finance Corporation Ltd. | Bonds | 7.18% | 20/01/2027 | CRISIL AAA | 1.31% |
| 360 ONE Wealth Ltd. | Debenture | 0.00% | 25/07/2028 | [ICRA]AA | 1.31% |
| Tata Capital Housing Finance Ltd. | Bonds | 0.00% | 03/11/2027 | CRISIL AAA | 1.31% |
| National Bank For Agriculture & Rural Development | Floating Rate Bond | 7.50% | 0 | CRISIL AAA | 1.31% |
| Motilal Oswal Home Finance Ltd. | Debenture | 8.55% | 07/01/2027 | [ICRA]AA+ | 1.31% |
| Embassy Office Parks REIT | Non Convertible Debenture | 7.05% | 18/10/2026 | CRISIL AAA | 1.30% |
| Manappuram Finance Ltd. | Debenture | 8.60% | 24/03/2028 | CRISIL AA | 1.30% |
| SPR Auto Technologies Ltd. | Debenture | 7.30% | 23/08/2027 | IND AA+ | 1.30% |
| SK Finance Ltd. | Debenture | 9.25% | 16/07/2029 | IND AA- | 1.30% |
| Union Bank of India | Certificate of Deposit | 0.00% | 23/09/2026 | [ICRA]A1+ | 1.29% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 06/11/2026 | CRISIL A1+ | 1.28% |
| Export-Import Bank Of India | Certificate of Deposit | 0.00% | 11/11/2026 | CRISIL A1+ | 1.28% |
| Canara Bank | Certificate of Deposit | 0.00% | 18/12/2026 | CRISIL A1+ | 1.27% |
| Kotak Mahindra Bank Ltd. | Certificate of Deposit | 0.00% | 29/01/2027 | CRISIL A1+ | 1.26% |
| Sundaram Finance Ltd. | Commercial Paper | 0.00% | 306-D 15/02/2027 | CRISIL A1+ | 1.26% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 26/02/2027 | CRISIL A1+ | 1.26% |
| Kotak Mahindra Bank Ltd. | Certificate of Deposit | 0.00% | 05/03/2027 | CRISIL A1+ | 1.25% |
| Small Industries Devp. Bank of India Ltd. | Commercial Paper | 0.00% | 25/03/2027 | CRISIL A1+ | 1.25% |
| National Bank For Agriculture & Rural Development | Debenture | 7.80% | 15/03/2027 | [ICRA]AAA | 1.05% |
| Export-Import Bank Of India | Commercial Paper | 0.00% | 143-D 11/12/2026 | CRISIL A1+ | 1.02% |
| INDOSTAR-12.25%-23-5-16-A-PVT | Money Market | 0.00% | 185-D 15/10/2026 | CRISIL A1+ | 0.77% |
| Kotak Mahindra Prime Ltd. | Debenture | 7.05% | 10/04/2028 | CRISIL AAA | 0.57% |
| Aditya Birla Renewables Ltd. | Bonds/NCDs | 8.60% | 24/09/2027 | CRISIL AA | 0.52% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 06/11/2026 | CRISIL A1+ | 0.51% |
| Kerala State | State Development Loan | 8.19% | 19/12/2028 | SOV | 0.27% |
Frequently Asked Questions
What are the top holdings of Mirae Asset Ultra Short-Term Fund Direct-Growth?
The top holdings of Mirae Asset Ultra Short-Term Fund Direct-Growth as of 31 Jul 2026 are Others (6.88%), HDFC Bank Ltd. (5.09%), Punjab National Bank (3.88%), National Bank For Agriculture & Rural Development (3.84%), Power Finance Corporation Ltd. (2.62%). These top 5 stocks together account for 22.31% of the total portfolio. You can view the complete holdings breakdown above.
How many stocks does Mirae Asset Ultra Short-Term Fund Direct-Growth hold in its portfolio?
Mirae Asset Ultra Short-Term Fund Direct-Growth holds 53 stocks in its portfolio as of 31 Jul 2026. The fund's portfolio size reflects the fund manager's investment approach, a more concentrated portfolio indicates higher conviction bets, while a larger number of holdings suggests a more diversified strategy.
What is the sector allocation of Mirae Asset Ultra Short-Term Fund Direct-Growth?
The sector allocation of Mirae Asset Ultra Short-Term Fund Direct-Growth is shown in the Sector Allocation section above.
What is the equity and debt allocation of Mirae Asset Ultra Short-Term Fund Direct-Growth?
As of 31 Jul 2026, Mirae Asset Ultra Short-Term Fund Direct-Growth has 0.00% allocated to equity, and 93.12% to debt. You can also check the historical trends above.
What is the market cap allocation of Mirae Asset Ultra Short-Term Fund Direct-Growth?
The market cap allocation of Mirae Asset Ultra Short-Term Fund Direct-Growth is shown in the Holdings Analysis section above.
What is the PE ratio of Mirae Asset Ultra Short-Term Fund Direct-Growth's portfolio?
The portfolio PE ratio of Mirae Asset Ultra Short-Term Fund Direct-Growth is shown in the Holdings Analysis section above.
What is the credit quality of Mirae Asset Ultra Short-Term Fund Direct-Growth?
As of 31 Jul 2026, Mirae Asset Ultra Short-Term Fund Direct-Growth's debt portfolio has 17.56% in AAA-rated instruments, 9.30% in AA-rated, and 4.42% in sovereign securities. Higher allocation to AAA and sovereign instruments indicates lower credit risk in the non-equity portion of the portfolio.
When is the latest portfolio disclosure for Mirae Asset Ultra Short-Term Fund Direct-Growth?
The latest portfolio disclosure for Mirae Asset Ultra Short-Term Fund Direct-Growth is as of 31 Jul 2026. SEBI requires all mutual funds to disclose their complete portfolio holdings on a monthly basis, typically within 10 days of the end of each month.