Mirae Asset Short Duration Fund

Q: What are the returns of this mutual fund scheme?

The Mirae Asset Short Duration Fund is a 7 yrs 8 m old fund and has delivered average annual returns of 6.42% since inception. Mirae Asset Short Duration Fund Returns 1-Year 3-Year 5-Year Since Inception 7.9% 7.27% 5.53% 6.42%

Previously called: Mirae Asset Short Term Reg-G

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹16.064+0.03% 1 day change	6.42% p.a.	App exclusive #NA View Ranked Funds	₹704 Cr

Historical NAV & returns

NAV: ₹16.064 as on Oct 20, 2025

This fund Category average

Mirae Asset Short Duration Fund overview

AUM (Fund size)	₹704 Cr
Exit load	0%
Lock-in Period	Nil
Age	7 yrs 8 m since Feb 23, 2018
Benchmark	CRISIL Short Duration Debt A-II Index
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	1.09% as on Sep 30, 2025
Plan type	Regular
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Mirae Asset Short Duration Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	0.69%	0.63%
3 Months	1.16%	1.2%
6 Months	2.96%	3.07%
1 Year	7.9%	7.95%
2 Years	7.84%	7.97%
3 Years	7.27%	7.57%
4 Years	6.02%	6.44%
5 Years	5.53%	6.07%
7 Years	6.63%	6.7%

Asset allocationas on Sep 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 86.4151029%

SOV 17.81308098%

AA+ 6.48771289%

Others 0.39837544%

Top Debt Holdings

GOI 15.48%

LIC Housing Finance Ltd. 7.23%

REC Ltd. 5.76%

Muthoot Finance Ltd. 5.04%

Allocation by Instruments

Debenture 45.04666076%

Bonds 25.752339080000002%

GOI Securities 15.46608869%

Non Convertible Debenture 14.119754370000003%

Other Holdings

Others 0.4%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Short Duration Fund	0.69%	2.96%	7.9%	7.27%	5.53%	N.A.
UTI Short Duration Fund	0.62%	3.1%	7.79%	7.58%	6.91%	6.26%
ICICI Prudential Short Term Fund	0.64%	3.32%	8.2%	7.82%	6.37%	7.43%
Sundaram Short Duration Fund	0.57%	2.97%	7.69%	7.53%	7.14%	6.22%
SBI Short Term Debt Fund	0.63%	3.28%	8.23%	7.63%	5.76%	6.94%
Aditya Birla Sun Life Short Term Fund	0.73%	3.14%	8.1%	7.64%	6.16%	7.33%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Short Duration Fund	0.99	2.48	0.61	1.03
UTI Short Duration Fund	0.89	2.25	1.04	1.95
ICICI Prudential Short Term Fund	0.78	1.79	1.5	2.53
Sundaram Short Duration Fund	1.02	2.5	0.88	1.59
SBI Short Term Debt Fund	0.96	2.45	0.99	1.81
Aditya Birla Sun Life Short Term Fund	0.96	2.35	0.97	1.58

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mirae Asset Short Duration Fund	N.A.	704 Cr	7 yrs 8 m	1.09%
UTI Short Duration Fund	N.A.	3,231 Cr	18 yrs 1 m	0.82%
ICICI Prudential Short Term Fund	N.A.	22,387 Cr	24 yrs	1.05%
Sundaram Short Duration Fund	N.A.	195 Cr	22 yrs 5 m	0.89%
SBI Short Term Debt Fund	N.A.	16,277 Cr	18 yrs 3 m	0.82%
Aditya Birla Sun Life Short Term Fund	N.A.	10,696 Cr	22 yrs 6 m	0.99%

View all Short Duration funds

Key risk & return ratios Compared to other funds in the category

Alpha	5.07 vs. 4.2 Higher outperformance against benchmark
Sharpe	0.61 vs. 3.83 Poor risk-adjusted returns
Beta	2.48 vs. 1.92 More sensitive to market's ups & downs
Standard deviation	0.99 vs. 1.01 More stable returns

Compare Mirae Asset Short Duration Fund in detail with

About this fund

About Mirae Asset Short Duration Fund

Mirae Asset Short Duration Fund is a Short Duration mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 7 yrs 8 m, having been launched on 23/02/2018. Mirae Asset Short Duration Fund has ₹704 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Short Duration Fund as of 20/10/2025 is ₹16.06. The fund has an expense ratio of 1.09%, which is higher than what most other Short Duration funds charge.

Mirae Asset Short Duration Fund returns of last 1-year are 7.92%. Since launch, it has delivered 6.43% average annual returns.
Mirae Asset Short Duration Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in GOI, LIC Housing Finance Ltd., REC Ltd., Muthoot Finance Ltd., National Housing Bank.

...

Fund AUM	704 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Basant Bafna

Mr. Bafna has done B.Com, MBA, CS, CA, FRM and CFA Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India

Investment objective

The scheme seeks to generate returns through an actively managed diversified portfolio of debt and money market instruments with Macaulay duration of the portfolio between 1 year to 3 years.

Mirae Asset Mutual Fund details

No. of schemes	47 view all schemes
Total AUM	2,15,434 Cr as on Sep 30, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

More funds from Mirae Asset Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund	N.A.	233 Cr	8.47%	8.67%
Mirae Asset Nifty SDL Jun 2027 Index Fund	N.A.	560 Cr	7.69%	7.96%
Mirae Asset Corporate Bond Fund	N.A.	44 Cr	7.92%	7.42%
Mirae Asset Ultra Short Duration Fund	N.A.	1,585 Cr	7.38%	7.36%
Mirae Asset Banking and PSU Fund	N.A.	46 Cr	7.63%	7.29%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund	N.A.	84 Cr	7.15%	7.27%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Mirae Asset Short Duration Fund?

The current Net Asset Value (NAV) of the Mirae Asset Short Duration Fund plan is approximately ₹16.064 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Mirae Asset Short Duration Fund is a 7 yrs 8 m old fund and has delivered average annual returns of 6.42% since inception.

Mirae Asset Short Duration Fund Returns

1-Year	3-Year	5-Year	Since Inception
7.9%	7.27%	5.53%	6.42%

How much does this mutual fund charge as expense ratio?

The Mirae Asset Short Duration Fund has an expense ratio of 1.09%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Mirae Asset Short Duration Fund currently has assets under management (AUM) or fund size valued at approximately 704 Cr as on Sep 30, 2025.

To whom does Mirae Asset Short Duration Fund lend to?

The top 3 debt holdings of Mirae Asset Short Duration Fund are as follows

Holding Name	Percentage of Portfolio
GOI	15.48%
LIC Housing Finance Ltd.	7.23%
REC Ltd.	5.76%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Mirae Asset Short Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	86.4151029%
SOV	17.81308098%
AA+	6.48771289%

What is risk level of Mirae Asset Short Duration Fund?

This is a Short Duration fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Mirae Asset Short Duration Fund?

Redeeming your investments in the Mirae Asset Short Duration Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Short Duration

#NA

Return Outperformance: This fund has generated highest return amongst Short Duration funds in the last 1 Month.
Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.