Aditya Birla Sun Life Mutual Fund
Aditya Birla Sun Life Savings Fund - Growth - Direct Plan
Ultra Short Duration
+7.4% 3Y CAGR
Mirae Asset Mutual Fund
Ultra Short Duration · Direct · Growth
NAV as of 30 Oct 2026 · Source: AMFI
Mirae Asset Ultra Short Duration Fund is an Ultra Short Duration fund from Mirae Asset Mutual Fund, with NAVs going back to October 2020. This page covers its direct plan, growth option. It manages ₹1,922 crore, the 12th largest of 23 Ultra Short Duration funds. Its expense ratio is 0.22% a year, lower than the median of 0.31% for Ultra Short Duration funds.
Over the last three years it returned 7.34% a year, 4th of 23 Ultra Short Duration funds (median 7.14%). Over five years it returned 6.73% a year, 5th of 22. It is 0.22 percentage points a year ahead of its benchmark, the NIFTY Ultra Short Duration Debt Index A-I, over three years, on AMFI's figures. Its biggest fall from a peak in the last three years was 0.1%, and AMFI's riskometer rates it Low to Moderate.
Annualised (CAGR) for periods over a year, calculated from AMFI NAVs up to 30 Oct 2026. Past performance does not guarantee future returns. How we calculate returns
1 Year
+6.49%
3 Years
+7.34%
5 Years
+6.73%
Since launch (8 Oct 2020)
+6.19%
Fund and benchmark returns as published by AMFI for 29 Oct 2026, so both sides use the same date and method. They can differ slightly from the figures above.
| Period | This fund | Benchmark | Difference |
|---|---|---|---|
| 1 Year | +6.47% | +6.48% | -0.01 pts |
| 3 Years | +7.33% | +7.11% | +0.22 pts |
| 5 Years | +6.72% | +6.60% | +0.12 pts |
| Since launch | +6.19% | +6.07% | +0.12 pts |
Measured from this fund's own daily NAVs over the last three years.
Volatility (annualised)
0.4%
How much the NAV typically swings in a year. Higher means a bumpier ride.
Worst fall from a peak
-0.1%
The biggest drop from a high to a later low. A sense of what a bad stretch has looked like.
Daily NAV since 8 Oct 2020.
These come from the fund's monthly factsheet and Scheme Information Document (SID). We don't show them yet, because we can't keep them accurate. Check them on Mirae Asset Mutual Fund's website before you invest.
Funds next to Mirae Asset Ultra Short Duration Fund, in the same category, ranked by 3-year return.
Aditya Birla Sun Life Mutual Fund
Ultra Short Duration
+7.4% 3Y CAGR
ICICI Prudential Mutual Fund
Ultra Short Duration
+7.3% 3Y CAGR
Mirae Asset Ultra Short Duration Fund Direct Growth
Research-only · No transactions