Should I invest in Mirae Asset Ultra Short Term Bond Fund- Weekly Dividend?

We don't give personal investment advice. Mirae Asset Ultra Short Term Bond Fund-Regular Plan- Weekly Dividend is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.2%. 5-year CAGR: 6.79%.

Mirae Asset

Mirae Asset Ultra Short Term Bond Fund-Regular Plan- Weekly Dividend

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.03%	-14.54%	+14.52	206 / 373	Q3
1W	+0.16%	-15.89%	+16.05	52 / 369	Q1
2W	+0.11%	-15.78%	+15.89	97 / 371	Q2
1M	+0.17%	-16.05%	+16.22	109 / 373	Q2
3M	+1.27%	-17.27%	+18.54	91 / 366	Q1
6M	+2.43%	-30.18%	+32.61	112 / 393	Q2
YTD	+4.25%	-32.85%	+37.10	66 / 414	Q1
1Y	+5.33%	-15.79%	+21.12	99 / 309	Q2
2Y	+5.87%	-13.41%	+19.28	38 / 142	Q2
3Y	+6.17%	-6.89%	+13.06	26 / 95	Q2
4Y	+6.45%	+2.81%	+3.64	23 / 84	Q2
5Y	+6.79%	+2.94%	+3.85	19 / 76	Q1
7Y	+7.19%	+2.77%	+4.42	16 / 67	Q1
10Y	+5.67%	+2.81%	+2.86	10 / 38	Q2
Inception	+5.35%	-35.69%	+41.05	105 / 497	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2018 YTD	+4.25%	+2.69%	+1.56	10 / 23
2017	+5.76%	+2.12%	+3.64	4 / 30
2016	+6.89%	+3.89%	+3.00	15 / 45
2015	+6.93%	+2.84%	+4.08	15 / 66
2014	+7.97%	+4.08%	+3.89	26 / 76
2013	+7.98%	+2.34%	+5.65	16 / 76
2012	+8.39%	+3.72%	+4.67	21 / 78
2011	+6.67%	+3.23%	+3.44	19 / 66
2010	+3.92%	-11.73%	+15.65	20 / 132
2009	+2.23%	-33.69%	+35.92	80 / 316
2008	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+5.89%

117 windows

min -3.5% · max 8.4%

94% positive

3-Year rolling

+6.51%

93 windows

min 1.0% · max 8.2%

100% positive

5-Year rolling

+6.78%

69 windows

min 3.6% · max 7.7%

100% positive

7-Year rolling

+6.67%

44 windows

min 4.9% · max 7.3%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.57%

3-year · annualised

Sharpe ratio

-0.87

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.21%

Sep 2018 → Sep 2018

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Recent NAVs

Date	NAV
4 Oct 2018	₹1,738.0786
3 Oct 2018	₹1,738.5153
1 Oct 2018	₹1,738.2533
28 Sep 2018	₹1,736.5066
27 Sep 2018	₹1,735.3712
26 Sep 2018	₹1,732.7948
25 Sep 2018	₹1,732.4454
24 Sep 2018	₹1,734.5415
21 Sep 2018	₹1,735.8079
19 Sep 2018	₹1,736.1572

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

Mirae Asset Ultra Short Term Bond Fund-Regular Plan- Weekly Dividend is a Income from Mirae Asset (Regular plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

Mirae Asset Ultra Short Term Bond Fund-Regular Plan- Weekly Dividend has NAV history starting from 06 Mar 2008, a track record of about 18 years 3 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

Mirae Asset Ultra Short Term Bond Fund-Regular Plan- Weekly Dividend is managed by Mirae Asset. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mirae Asset Ultra Short Term Bond Fund-Regular Plan- Weekly Dividend has delivered a absolute return of 5.33% — +21.12 pp ahead of the Income category average of -15.79%. The fund ranks #99 of 309 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Mirae Asset Ultra Short Term Bond Fund-Regular Plan- Weekly Dividend has delivered a CAGR of 6.17% — +13.06 pp ahead of the Income category average of -6.89%. The fund ranks #26 of 95 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Mirae Asset Ultra Short Term Bond Fund-Regular Plan- Weekly Dividend has delivered a CAGR of 6.79% — +3.85 pp ahead of the Income category average of 2.94%. The fund ranks #19 of 76 in its category — the top (Q1) quartile.

₹1 lakh invested in Mirae Asset Ultra Short Term Bond Fund-Regular Plan- Weekly Dividend exactly 10 years ago would be worth approximately ₹173,575 today — a multiplier of 1.74×, based on the 10-year CAGR of 5.67%. The category average over the same window would have grown ₹1 lakh to ₹131,897.

A ₹10,000 monthly SIP in Mirae Asset Ultra Short Term Bond Fund-Regular Plan- Weekly Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹703,837 today. That's an XIRR (money-weighted annualised return) of 6.31%.

A ₹10,000 monthly SIP for 10 years in Mirae Asset Ultra Short Term Bond Fund-Regular Plan- Weekly Dividend = ₹1,200,000 invested. It would currently be worth ₹1,694,224 (multiplier 1.41×). XIRR: 6.71%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Mirae Asset Ultra Short Term Bond Fund-Regular Plan- Weekly Dividend ranks #19 out of 76 funds in the Income category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 2.94%; this fund delivered 6.79%.

The worst peak-to-trough decline Mirae Asset Ultra Short Term Bond Fund-Regular Plan- Weekly Dividend has experienced over the last 5-year window is 0.21% — its NAV fell from a high on 19 Sep 2018 to a low on 25 Sep 2018. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Mirae Asset Ultra Short Term Bond Fund-Regular Plan- Weekly Dividend averaged 6.78% (best 7.73%, worst 3.63%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.17 — weak risk-adjusted performance.

In calendar year 2017, Mirae Asset Ultra Short Term Bond Fund-Regular Plan- Weekly Dividend returned 5.76% — beating the Income category average of 2.12% by 3.64 pp. It ranked #4 of 30 in its category that year.

Mirae Asset Ultra Short Term Bond Fund-Regular Plan- Weekly Dividend is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Mirae Asset Ultra Short Term Bond Fund-Regular Plan- Weekly Dividend is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.2%. 5-year CAGR: 6.79%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Mirae Asset Ultra Short Term Bond Fund-Regular Plan- Weekly Dividend

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Recent NAVs

Frequently asked questions

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