Mirae Asset Ultra Short-Term Fund Direct-Growth
Debt: Ultra Short Term - Growth (Open ended)
SEBI Riskometer: Low to ModerateCategory: Debt: Ultra Short TermBenchmark: NIFTY Ultra Short Duration Debt Index A-ICheck Portfolio Overlap →
NAV: ₹1,436.85-0.04%
22 Oct 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 | 30 Sep 2026 | 31 Aug 2026 | 31 Jul 2026 | 30 Jun 2026 | 31 May 2026 | 30 Apr 2026 |
|---|---|---|---|---|---|---|
| Equity | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Debt | 102.34% | 89.29% | 93.12% | 94.03% | 91.90% | 94.37% |
| Others (incl. cash) | -2.34% | 10.71% | 6.88% | 5.97% | 8.10% | 5.63% |
| 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
56
Top Holding %
4.15%
Top 5 Holdings %
19.26%
Top 10 Holdings %
33.10%
Modified Duration
0.50 yrs
Avg. Maturity
0.81 yrs
Yield to Maturity
7.54%
AUM
₹1,808 Cr
Expense Ratio
0.22%
Since Inception
6.18%
Max Drawdown
-0.00%
Sharpe Ratio
3.36
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 |
|---|---|---|---|---|---|
| Motilal Oswal Home Finance Ltd. | Financial | 75,00,000 | 75.01 | 4.15% | 0.51%↑ |
| National Bank For Agriculture & Rural Development | Financial | 75,00,000 | 72.95 | 4.03% | 0.52%↑ |
| HDFC Bank Ltd. | Financial | 75,00,000 | 72.77 | 4.02% | - |
| Small Industries Devp. Bank of India Ltd. | Financial | 75,00,000 | 72.55 | 4.01% | 2.85%↑ |
| REC Ltd. | Financial | 55,00,000 | 54.97 | 3.04% | 0.38%↑ |
| REC Ltd. | Financial | 50,00,000 | 50.11 | 2.77% | - |
| Power Finance Corporation Ltd. | Financial | 50,00,000 | 50.09 | 2.77% | 0.34%↑ |
| REC Ltd. | Financial | 50,00,000 | 50.06 | 2.77% | - |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 50,00,000 | 50.02 | 2.77% | 0.35%↑ |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 50,00,000 | 49.99 | 2.76% | 0.35%↑ |
| Tata Projects Ltd. | Construction | 50,00,000 | 49.99 | 2.76% | 0.34%↑ |
| Export-Import Bank Of India | Financial | 50,00,000 | 48.95 | 2.71% | 0.35%↑ |
| Tata Capital Housing Finance Ltd. | Financial | 50,00,000 | 48.85 | 2.70% | 0.35%↑ |
| Indian Bank | Financial | 50,00,000 | 48.82 | 2.70% | 0.35%↑ |
| Reserve Bank of India | Financial | 50,00,000 | 48.7 | 2.69% | - |
| Canara Bank | Financial | 50,00,000 | 48.52 | 2.68% | - |
| National Bank For Agriculture & Rural Development | Financial | 50,00,000 | 48.44 | 2.68% | 0.35%↑ |
| Indian Bank | Financial | 50,00,000 | 47.53 | 2.63% | 0.34%↑ |
| Small Industries Devp. Bank of India Ltd. | Financial | 45,00,000 | 45.08 | 2.49% | 0.31%↑ |
| Muthoot Finance Ltd. | Financial | 45,00,000 | 44.95 | 2.49% | 0.32%↑ |
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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+ | 50.80% | 45.84% |
| AAA | 25.17% | 13.54% |
| AA+ | 12.99% | 4.69% |
| AA | 7.07% | 3.10% |
| SOV | 3.79% | 10.65% |
| AA- | 2.19% | 0.65% |
| Others | 0.33% | 1.02% |
| A | - | 0.01% |
| A+ | - | 0.01% |
| BBB | - | 1.63% |
| Cash | - | 0.04% |
| D | - | 1.09% |
| Term Deposits | - | 0.01% |
| Cash & Call Money | -2.34% | 11.51% |
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 |
|---|---|---|---|---|---|
| Motilal Oswal Home Finance Ltd. | Debenture | 8.55% | 07/01/2027 | [ICRA]AA+ | 4.15% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 26/02/2027 | CRISIL A1+ | 4.03% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 12/03/2027 | CRISIL A1+ | 4.02% |
| Small Industries Devp. Bank of India Ltd. | Commercial Paper | 0.00% | 25/03/2027 | CRISIL A1+ | 4.01% |
| REC Ltd. | Non Convertible Debenture | 7.64% | 30/04/2027 | [ICRA]AAA | 3.04% |
| REC Ltd. | Bonds | 7.71% | 26/02/2027 | CRISIL AAA | 2.77% |
| Power Finance Corporation Ltd. | Bonds/Debentures | 7.60% | 20/02/2027 | CRISIL AAA | 2.77% |
| REC Ltd. | Bonds | 7.95% | 12/03/2027 | CRISIL AAA | 2.77% |
| Cholamandalam Investment and Finance Company Ltd. | Debenture | 0.00% | 27/02/2029 | [ICRA]AA+ | 2.77% |
| Mahindra & Mahindra Financial Services Ltd. | Debenture | 0.00% | 18/05/2029 | CRISIL AAA | 2.76% |
| Tata Projects Ltd. | Debenture | 8.33% | 24/06/2027 | IND AA | 2.76% |
| Export-Import Bank Of India | Commercial Paper | 0.00% | 363-D 25/01/2027 | CRISIL A1+ | 2.71% |
| Tata Capital Housing Finance Ltd. | Commercial Paper | 0.00% | 365-D 03/02/2027 | CRISIL A1+ | 2.70% |
| Indian Bank | Certificate of Deposit | 0.00% | 09/02/2027 | CRISIL A1+ | 2.70% |
| Reserve Bank of India | Treasury Bills | 0.00% | 18/03/2027 | SOV | 2.69% |
| Canara Bank | Certificate of Deposit | 0.00% | 12/03/2027 | CRISIL A1+ | 2.68% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 18/03/2027 | CRISIL A1+ | 2.68% |
| Indian Bank | Certificate of Deposit | 0.00% | 21/06/2027 | CRISIL A1+ | 2.63% |
| Muthoot Finance Ltd. | Debenture | 0.00% | 26/07/2029 | CRISIL AA+ | 2.49% |
| Small Industries Devp. Bank of India Ltd. | Bonds | 7.79% | 19/04/2027 | CRISIL AAA | 2.49% |
| Indian Bank | Certificate of Deposit | 0.00% | 12/01/2027 | CRISIL A1+ | 2.36% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 08/01/2027 | IND A1+ | 2.17% |
| Manappuram Finance Ltd. | Non Convertible Debenture | 8.60% | 27/03/2028 | CRISIL AA | 1.82% |
| Tata Capital Ltd. | Non Convertible Debenture | 0.00% | 21/02/2029 | CRISIL AAA | 1.65% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 14/01/2027 | CRISIL A1+ | 1.63% |
| REC Ltd. | Commercial Paper | 0.00% | 19/03/2027 | CRISIL A1+ | 1.61% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 11/06/2027 | CRISIL A1+ | 1.58% |
| 360 ONE Wealth Ltd. | Debenture | 0.00% | 25/07/2028 | [ICRA]AA | 1.39% |
| Aadhar Housing Finance Ltd | Debenture | 8.65% | 21/08/2027 | [ICRA]AA+ | 1.39% |
| SPR Auto Technologies Ltd. | Debenture | 7.30% | 23/08/2027 | IND AA+ | 1.38% |
| Power Finance Corporation Ltd. | Bonds | 7.18% | 20/01/2027 | CRISIL AAA | 1.38% |
| Export-Import Bank Of India | Debenture | 7.22% | 03/08/2027 | CRISIL AAA | 1.38% |
| Embassy Office Parks REIT | Non Convertible Debenture | 7.05% | 18/10/2026 | CRISIL AAA | 1.38% |
| Tata Capital Housing Finance Ltd. | Bonds | 0.00% | 03/11/2027 | CRISIL AAA | 1.38% |
| SK Finance Ltd. | Debenture | 9.25% | 16/07/2029 | IND AA- | 1.37% |
| Sundaram Finance Ltd. | Commercial Paper | 0.00% | 306-D 15/02/2027 | CRISIL A1+ | 1.35% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 10/02/2027 | CRISIL A1+ | 1.35% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 26/02/2027 | CRISIL A1+ | 1.35% |
| Indian Bank | Certificate of Deposit | 0.00% | 29/01/2027 | CRISIL A1+ | 1.35% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 22/01/2027 | CRISIL A1+ | 1.35% |
| Jio Credit Ltd. | Commercial Paper | 0.00% | 0 | CRISIL A1+ | 1.34% |
| Kotak Mahindra Bank Ltd. | Certificate of Deposit | 0.00% | 05/03/2027 | CRISIL A1+ | 1.34% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 05/02/2027 | CRISIL A1+ | 1.24% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 20/08/2027 | CRISIL A1+ | 1.24% |
| INDOSTAR-12.25%-23-5-16-A-PVT | Money Market | 0.00% | 185-D 15/10/2026 | CRISIL A1+ | 0.83% |
| Bajaj Finance Ltd. | Debenture | 7.80% | 10/12/2027 | CRISIL AAA | 0.83% |
| Muthoot Finance Ltd. | Non Convertible Debenture | 8.60% | 02/03/2028 | CRISIL AA+ | 0.83% |
| INDOSTAR-12.25%-23-5-16-A-PVT | Non Convertible Debenture | 9.25% | 24/01/2028 | CARE AA- | 0.83% |
| Reserve Bank of India | Treasury Bills | 0.00% | 182-D 26/02/2027 | SOV | 0.81% |
| Tata Capital Housing Finance Ltd. | Debenture | 7.86% | 21/09/2029 | CRISIL AAA | 0.55% |
| Aditya Birla Renewables Ltd. | Bonds/NCDs | 8.60% | 24/09/2027 | CRISIL AA | 0.55% |
| Manappuram Finance Ltd. | Debenture | 8.60% | 24/03/2028 | CRISIL AA | 0.55% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 09/03/2027 | CRISIL A1+ | 0.54% |
| Kerala State | State Development Loan | 8.19% | 19/12/2028 | SOV | 0.28% |
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 30 Sep 2026 are Motilal Oswal Home Finance Ltd. (4.15%), National Bank For Agriculture & Rural Development (4.03%), HDFC Bank Ltd. (4.02%), Small Industries Devp. Bank of India Ltd. (4.01%), REC Ltd. (3.04%). These top 5 stocks together account for 19.26% 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 56 stocks in its portfolio as of 30 Sep 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 30 Sep 2026, Mirae Asset Ultra Short-Term Fund Direct-Growth has 0.00% allocated to equity, and 102.34% 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 30 Sep 2026, Mirae Asset Ultra Short-Term Fund Direct-Growth's debt portfolio has 25.17% in AAA-rated instruments, 7.07% in AA-rated, and 3.79% 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 30 Sep 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.