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Mirae Asset Ultra Short Duration Fund Regular Growth - Investment Information
- Debt
- Ultra Short Duration
- Moderate
-
₹1248.22
(0.25%)
Current NAV 14-11-2024
-
7.65%
Returns
-
Min. SIP ₹1000
Min. Investment ₹5000
Fund Suitability Test
Investment Objective
The scheme seeks to generate regular income and provide liquidity by investing primarily in a portfolio comprising of debt & money market instruments.
Basic Details
Key Information About Investing Details.
- CategoryUltra Short Duration
- KRAKARVY
- Inv. PlanGrowth
- Launched In05-Oct-20
- BenchmarkNifty Ultra Short Duration Debt Index A-I
- Fund TypeOpen Ended
- Fund HouseMirae Asset Mutual Fund
Investment Details
Check the Fund’s General Information
- Fund size1412.26 Cr.
- Min. Investment₹ 5000
- Min. Sip Inv.₹ 1000
- Min. Addl Inv.₹ 1000
- Expense Ratio0.49%
- Turn over72%
- Exit LoadNil
Fund Managers
Details of Managers and their Experience
Fund Manage : 4
Total AUM. : ₹1,022 Cr.
AMC Office Information
Registered Office of Mutual Fund Company
- AMCMirae Asset Mutual Fund
- Emailcustomercare@miraeasset.com
- Office No 022-67800300
- Websitehttps://www.miraeassetmf.co.in
- AddressUnit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
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Chat with usFrequently Asked Questions
What is a mutual fund?
In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.
What are the benefits of investing in funds?
Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.
Do mutual funds generate income?
Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.
How many types of mutual funds are there?
There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds
Who gets your money in mutual funds?
The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.