MIRAE ASSET
ULTRA SHORT DURATION FUND - (MAUSDF)

(An Open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration* of the portfolio is between 3 months to 6 months (*please refer to page no.37 of SID)
A relatively low interest rate risk and moderate credit risk

Details as on October 31, 2022
Type of Scheme
An Open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration* of the portfolio is between 3 months to 6 months (*please refer to page no.37 of SID
A relatively low interest rate risk and moderate credit risk
Investment Objective
The investment objective of the scheme is to generate regular income and provide liquidity by investing primarily in a portfolio comprising of debt & money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be realized.
Fund Manager**
Mr. Mahendra Jajoo -
(since inception)
Allotment Date
07th October, 2020
Benchmark Index
NIFTY Ultra Short Duration Debt Index B-I
Minimum Investment
Amount
₹ 5,000/- and in multiples of ₹ 1/-thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹ 1/- thereafter.
Systematic Investment
Plan (SIP)
(Any Date SIP is available from 1st July, 2019)
Monthly and Quarterly: ₹ 1000/- (multiples of ₹ 1/- thereafter), minimum 5 in case of Monthly or 3 in case of Quarterly option.
Load Structure
Entry load: NA
Exit load: Nil
Plans Available
Regular Plan and Direct Plan
Options Available
Growth Option and IDCW^ Option (Payout & Re-investment)
Monthly Average AUM (₹ Cr.) as on October 31, 2022
241.37
Net AUM (₹ Cr.)
247.91
Monthly Avg. Expense Ratio
(Including Statutory Levies)
as on October 31, 2022
Regular Plan: 0.48%
Direct Plan: 0.29%
**For experience of Fund Managers Click Here
^Pursuant to Notice cum addendum dated March 27, 2021 the nomenclature of dividend option has been changed w.e.f. April 01, 2021.
NAV: Direct Regular
Growth ₹ 1,084.9178 ₹ 1,079.9978
IDCW^ ₹ 1,084.9904 ₹ 1,079.6179
Weighted Average Maturity 116.00 Days
Modified Duration 0.30 Years
Macaulay Duration 0.31 Years
Yield to Maturity 6.91%
Portfolio Holdings % Allocation
Certificate of Deposit
Indian Bank (03/01/2023) #
5.98%
Axis Bank Ltd (28/02/2023) ** #
5.92%
ICICI Bank Ltd (30/06/2023) ** #
5.77%
HDFC Bank Ltd (27/12/2022) #
3.99%
Small Industries Dev Bank of India (22/02/2023) ** #
3.95%
Canara Bank (14/03/2023) ** #
1.97%
Certificate of Deposit Total
27.57%
Treasury Bill
182 Days Tbill (01/12/2022)
4.01%
182 Days Tbill (29/12/2022)
3.99%
364 Days Tbill (12/01/2023)
3.98%
364 Days Tbill (02/02/2023)
3.97%
182 Days Tbill (12/01/2023)
1.99%
182 Days Tbill (26/01/2023)
1.99%
364 Days Tbill (16/02/2023)
1.98%
Treasury Bill Total
21.92%
Commercial Paper
Angel One Ltd (06/12/2022) **
4.00%
Larsen & Toubro Ltd (30/12/2022) **
3.99%
Export Import Bank of India (06/01/2023) **
3.98%
Housing Development Finance Corporation Ltd (20/01/2023) **
3.97%
IIFL Wealth Prime Ltd (30/01/2023) **
3.95%
Commercial Paper Total
19.90%
Corporate Bond
8.25% Indian Railway Finance Corporation Ltd (28/02/2024) **
4.08%
8.5% National Bank For Agriculture and Rural Development (31/01/2023)
4.04%
8.1% Power Finance Corporation Ltd (04/06/2024) **
2.03%
6.75% Shriram Transport Finance Company Ltd (28/04/2023) **
2.03%
8.5% L&T Finance Ltd (17/03/2023) **
2.02%
6.8% Hindustan Petroleum Corporation Ltd (15/12/2022)
2.02%
5.44% National Bank For Agriculture and Rural Development (05/02/2024) **
1.97%
Corporate Bond Total
18.18%
Government Bond
6.84% GOI (19/12/2022)
2.02%
Government Bond Total
2.02%
Cash & Other Receivables Total
10.40%
Total
100.00%

** Thinly Traded / Non Traded Security # Unlisted Security


Growth of Rs. 10,000 invested at inception: 10,800

Returns (in%)
1 Yr SI
MAUSDF
4.16%
3.80%
Scheme Benchmark*
4.63%
4.36%
Additional Benchmark**
3.40%
3.48%
NAV as on 31st October, 2022 ₹ 1,079.9978
Index Value (31st October, 2022) Index Value of benchmark is 4,631.60 and CRISIL 1 Year T-Bill is 6,438.55
Allotment Date 07th October, 2020
Scheme Benchmark *NIFTY Ultra Short Duration Debt Index B-I
Additional Benchmark **CRISIL 1 Year T-Bill

Fund manager : Mr. Mahendra Jajoo managing the scheme since 07th October, 2020.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns

This product is suitable for investors who are seeking*
. Income over a short term investment horizon
. Investment in debt & money market securities with portfolio Macaulay duration between 3 months and 6 months


*Investors should consult their financial advisers if they are not clear about the suitability of the product.

Note : With reference to SEBI Circular no. SEBI/HO/IMD/IMD-11 DOF-3/CIR/2021/573 dated June 07, 2021 disclosure of Potential Risk Class (PRC) Matrix is provided for debt Schemes of Mirae Asset Mutual Fund.


Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 1000. The performance of other funds managed by the same fund manager is given in the respective page of the schemes and on
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option