Mirae Asset Ultra Short Duration Fund
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Business Overview
Mirae Asset Ultra Short Duration Fund is designed for investors seeking stable returns with a low-risk profile. Ideal for conservative investors and those looking to park their funds for a short duration, this fund focuses on debt instruments with shorter maturities. It provides liquidity while aiming to preserve capital. This fund is particularly relevant in a fluctuating interest rate environment, offering a safe haven for your investments.
- Low-risk investment option
- Ideal for conservative investors
- Focus on short-duration debt instruments
- Provides liquidity and capital preservation
- Suitable for short-term financial goals
Investment Thesis
Mirae Asset Ultra Short Duration Fund stands out due to its strong promoter credibility, which instills investor confidence. The fund is well-positioned to capitalize on the growing digital services sector, offering a significant growth runway. Additionally, its attractive valuation compared to peers makes it a compelling investment opportunity for retail investors seeking stable returns.
- Strong backing from the reputable Mirae Asset promoter group enhances trust.
- Significant growth potential in the digital services sector aligns with market trends.
- Attractive valuation provides a competitive edge over peer funds.
- Focus on ultra-short duration instruments ensures liquidity and lower risk.
- Consistent performance track record reinforces investor confidence.
Opportunity vs Risk
- Stable returns in low interest rate environment
- Diversification for conservative investors
- Potential for capital preservation
- Access to high-quality debt instruments
- Interest rate fluctuations impact returns
- Credit risk from underlying securities
- Liquidity concerns during market volatility
- Limited growth compared to equity funds
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10BusinessHighThe fund operates in a stable sector with a clear investment model.
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10GrowthHighConsistent revenue growth observed in the fund's performance.
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10ProfitabilityHighStrong ROE and OCF relative to net profit.
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10ValuationHighValuation metrics are in line with peers.
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8BalanceHighHealthy balance sheet with low debt levels.
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7GovernanceHighGood promoter holding with minimal pledging.
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5DriversGoodModerate growth drivers with some execution risks.
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3TechnicalsLowWeak momentum and liquidity concerns.