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 9 m old fund and has delivered average annual returns of 6.39% since inception. Mirae Asset Short Duration Fund Returns 1-Year 3-Year 5-Year Since Inception 7.64% 7.15% 5.52% 6.39%

Previously called: Mirae Asset Short Term Reg-G

NAV as of Dec 04, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹16.1568+0.01% 1 day change	6.39% p.a.	App exclusive #NA View Ranked Funds	₹697 Cr

Historical NAV & returns

NAV: ₹16.1568 as on Dec 04, 2025

This fund Category average

Mirae Asset Short Duration Fund overview

AUM (Fund size)	₹697 Cr
Exit load	0%
Lock-in Period	Nil
Age	7 yrs 9 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 Nov 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 Dec 05, 2025

Period	This fund	Category average
1 Month	0.43%	0.34%
3 Months	1.77%	1.5%
6 Months	2.38%	2.4%
1 Year	7.64%	7.51%
2 Years	7.79%	7.83%
3 Years	7.15%	7.28%
4 Years	6.08%	6.2%
5 Years	5.52%	5.64%
7 Years	6.56%	6.74%

Asset allocationas on Oct 31, 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 62.96992193%

SOV 16.17585523%

Cash & Call Money 11.7360523%

AA+ 6.55870604%

Top Debt Holdings

GOI 15.66%

Muthoot Finance Ltd. 5.09%

Small Industries Devp. Bank of India Ltd. 4.51%

Kotak Mahindra Prime Ltd. 4.21%

Allocation by Instruments

Debenture 43.79200515%

GOI Securities 15.659608940000002%

Bonds 11.688173670000001%

Bonds/NCDs 7.30987604%

Other Holdings

Others 0.4%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Short Duration Fund	0.43%	2.38%	7.64%	7.15%	5.52%	N.A.
UTI Short Duration Fund	0.44%	2.53%	7.57%	7.46%	6.91%	6.25%
ICICI Prudential Short Term Fund	0.59%	2.98%	8.05%	7.74%	6.37%	7.47%
Sundaram Short Duration Fund	0.45%	2.4%	7.46%	7.39%	7.15%	6.23%
UTI Short Duration Fund	0.44%	2.53%	7.57%	7.22%	6.63%	5.91%
SBI Short Term Debt Fund	0.46%	2.66%	8.03%	7.45%	5.75%	6.95%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Short Duration Fund	0.99	2.6	0.76	1.26
UTI Short Duration Fund	0.89	2.42	1.17	2.19
ICICI Prudential Short Term Fund	0.78	1.95	1.66	2.73
Sundaram Short Duration Fund	1.01	2.71	0.95	1.7
UTI Short Duration Fund	0.89	2.41	0.91	1.71
SBI Short Term Debt Fund	0.94	2.55	1.13	1.97

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mirae Asset Short Duration Fund	N.A.	697 Cr	7 yrs 9 m	1.09%
UTI Short Duration Fund	N.A.	3,381 Cr	18 yrs 3 m	0.82%
ICICI Prudential Short Term Fund	N.A.	22,880 Cr	24 yrs 1 m	1.06%
Sundaram Short Duration Fund	N.A.	194 Cr	22 yrs 6 m	0.89%
UTI Short Duration Fund	N.A.	3,381 Cr	22 yrs 5 m	0.82%
SBI Short Term Debt Fund	N.A.	17,442 Cr	18 yrs 4 m	0.85%

View all Short Duration funds

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

Alpha	5.13 vs. 4.14 Higher outperformance against benchmark
Sharpe	0.76 vs. 3.89 Poor risk-adjusted returns
Beta	2.6 vs. 1.94 More sensitive to market's ups & downs
Standard deviation	0.99 vs. 0.88 More volatile performance

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 9 m, having been launched on 23/02/2018. Mirae Asset Short Duration Fund has ₹697 Crores worth of assets under management (AUM) as on 31/10/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Short Duration Fund as of 04/12/2025 is ₹16.16. 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 7.58%. Since launch, it has delivered 6.41% 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 high indicating it has lent to borrowers whose quality is great. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, Muthoot Finance Ltd., Small Industries Devp. Bank of India Ltd., Kotak Mahindra Prime Ltd., Hindustan Petroleum Corporation Ltd..

...

Fund AUM	697 Cr as on Oct 31, 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.	227 Cr	7.75%	8.07%
Mirae Asset Nifty SDL Jun 2027 Index Fund	N.A.	561 Cr	7.71%	7.57%
Mirae Asset Ultra Short Duration Fund	N.A.	1,788 Cr	7.28%	7.32%
Mirae Asset Corporate Bond Fund	N.A.	44 Cr	7.68%	7.26%
Mirae Asset Money Market Fund	N.A.	3,514 Cr	7.32%	7.16%

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 ₹16.1568 as of Dec 04, 2025.

What are the returns of this mutual fund scheme?

The Mirae Asset Short Duration Fund is a 7 yrs 9 m old fund and has delivered average annual returns of 6.39% since inception.

Mirae Asset Short Duration Fund Returns

1-Year	3-Year	5-Year	Since Inception
7.64%	7.15%	5.52%	6.39%

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 697 Cr as on Oct 31, 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	15.66%
Muthoot Finance Ltd.	5.09%
Small Industries Devp. Bank of India Ltd.	4.51%

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	62.96992193%
SOV	16.17585523%
Cash & Call Money	11.7360523%

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 Year.
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.