Tata Ultra Short Term Fund Direct Growth
About the Fund
Tata Ultra Short Term Fund Direct Growth is a debt fund. This fund was started on 23 January, 2019. The fund is managed by Akhil Mittal. This fund is suitable to keep your money safe.
Key Parameters
- Tata Ultra Short Term Fund Direct Growth has ₹2698 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
Tata Ultra Short Term Fund Direct Growth has given a CAGR return of 6.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.64%, 6.18% and 5.91% respectively.
Holdings
Tata Ultra Short Term Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Small Industries Development Bank Of India, Kotak Mahindra Bank Ltd., 182 DTB 12122024, HDFC Bank Limited, National Bank For Agriculture And Rural Development
Taxation
As it is a ultra short duration mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of Tata Ultra Short Term Fund Direct Growth
The investment objective of the Scheme is to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Tata Ultra Short Term Fund Direct Growth has no lock in period.
Fund Overview
| Expense ratio | 0.37% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹2698 Cr |
| Inception Date | 23 January, 2019 |
| Min Lumpsum/SIP | ₹5000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 236.83% |
| Risk |   Moderate Risk |
Fund Distributionas on (31-Dec-69)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Small Industries Development Bank Of India | 6.3% | 0% | |
Kotak Mahindra Bank Ltd. | 5.12% | -15.2% | |
182 DTB 12122024 | 3.61% | 0% | |
HDFC Bank Limited | 3.6% | 0% | |
National Bank For Agriculture And Rural Development | 2.67% | 0% |
Mutual Fund Insights
Tata Ultra Short Term Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹2698 Cr
Expense Ratio 0.37%
Frequently Asked Questions
Tata Ultra Short Term Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.64% | 0.64% |
6 Month Returns | 3.9% | 3.9% |
1 Year Returns | 7.64% | 7.64% |
3 Years Returns | 19.7% | 6.18% |
5 Years Returns | 33.24% | 5.91% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 91.21 |
AA | 8.79 |