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.35 of SID)
A relatively low interest rate risk and moderate credit risk

Details as on June 30, 2023
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.35 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. Basant Bafna -
(since January 16, 2023)
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 June 30, 2023
339.04
Net AUM (₹ Cr.)
368.65
Monthly Avg. Expense Ratio
(Including Statutory Levies)
as on June 30, 2023
Regular Plan: 0.47%
Direct Plan: 0.28%
**For experience of Fund Managers Click Here
NAV: Direct Regular
Growth ₹ 1,137.4456 ₹ 1,130.9393
IDCW ₹ 1,137.6138 ₹ 1,130.5270
Portfolio Holdings % Allocation
Certificate of Deposit
HDFC Bank Ltd (14/12/2023) ** # 7.35%
ICICI Bank Ltd (29/09/2023) ** # 5.33%
Axis Bank Ltd (06/12/2023) ** # 5.26%
State Bank of India (12/09/2023) # 4.01%
Small Industries Dev Bank of India (31/01/2024) ** # 3.90%
Bank of Baroda (20/12/2023) ** # 3.41%
Kotak Mahindra Bank Ltd (01/09/2023) ** # 2.68%
Union Bank of India (10/01/2024) ** # 2.61%
Axis Bank Ltd (20/06/2024) ** # 2.53%
Kotak Mahindra Bank Ltd (26/06/2024) ** # 2.53%
Axis Bank Ltd (01/12/2023) ** # 1.32%
Union Bank of India (09/02/2024) ** # 1.30%
Certificate of Deposit Total 42.25%
Commercial Paper
Power Finance Corporation Ltd (15/09/2023) 6.68%
Export Import Bank of India (25/09/2023) ** 4.00%
Small Industries Dev Bank of India (20/11/2023) ** 3.17%
Reliance Retail Ventures Ltd (17/07/2023) ** 2.70%
Motilal Oswal Financial Services Ltd (05/12/2023) ** 2.62%
Godrej Properties Ltd (27/12/2023) ** 2.61%
Birla Group Holdings Private Ltd (13/03/2024) ** 2.56%
IGH Holdings Private Ltd (19/03/2024) ** 2.56%
HDFC Ltd (16/04/2024) ** 2.56%
HDFC Ltd (21/05/2024) ** 2.54%
Muthoot Finance Ltd (15/05/2024) ** 2.28%
Motilal Oswal Finvest Ltd (08/08/2023) ** 1.61%
Motilal Oswal Finvest Ltd (07/09/2023) ** 1.34%
Commercial Paper Total 37.23%
Treasury Bill
182 Days Tbill (29/09/2023) 6.67%
364 Days Tbill (07/09/2023) 2.68%
91 Days Tbill (14/09/2023) 2.68%
182 Days Tbill (14/09/2023) 1.34%
Treasury Bill Total 13.36%
Corporate Bond
9% Shriram Finance Ltd (24/06/2024) 2.72%
7.38% Cholamandalam Investment and Finance Company Ltd (31/07/2024) ** 2.69%
Corporate Bond Total 5.41%
Cash & Other Receivables Total 1.74%
Total 100.00%

** Thinly Traded / Non Traded Security # Unlisted Security


Growth of Rs. 10,000 invested at inception: 11,309

Returns (in%)
1 Yr SI
MAUSDF
6.45%
4.61%
Scheme Benchmark*
7.10%
5.19%
Additional Benchmark**
6.45%
4.39%
NAV as on 30th June, 2023 ₹ 1,130.9393
Index Value (30th June, 2023) Index Value of benchmark is 4,868.58 and CRISIL 1 Year T-Bill is 6,745.97
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. Basant Bafna managing the scheme since 16th January, 2023.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns

Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 10.00 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

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.


Average Maturity 165.42 Days
Modified Duration 0.45 Years
Macaulay Duration 0.45 Years
Annualized Portfolio YTM* 7.32%

*In case of semi annual YTM, it will be annualized.