Tata Ultra Short Term Fund Direct Growth

Tata Ultra Short Term Fund Direct Growth

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Debt
Direct
Ultra Short Duration
NAV: ₹ 13.7 as on 29-05-2024

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

  1. Tata Ultra Short Term Fund Direct Growth has ₹2711 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.
Fund Performance
zero opening, trading, fund transfer fee
30 people have invested ₹ 8.8L in Tata Ultra Short Term Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.37%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹2711 Cr
Inception Date
Inception Date
23 January, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
236.83%

Tata Ultra Short Term Fund Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
89.2%
AA
10.8%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
59.3%
Cash Equivalent
35.5%
Government
5.3%

Top Holdings of Tata Ultra Short Term Fund Direct Growth as on (30-Apr-24)

  • Debt & Cash

Debt Holdings49
Holdings
Weight%
1M Change
Kotak Mahindra Bank Ltd.
Kotak Mahindra Bank Ltd.
5.39%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
4.42%
0%
182 DTB 13062024
182 DTB 13062024
3.67%
0%
Canara Bank
Canara Bank
3.67%
0%
HDFC Bank Limited
HDFC Bank Limited
3.67%
-33.3%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 2.7K Cr
₹ 2K Cr
₹ 2.5K Cr
  • AUM of the fund stands at 2.7K Cr as of Apr'24
  • AUM increased by 734.3 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has experienced a 24.2% growth in AUM moving from 2.18K Cr to 2.71K Cr.
Insights icon
In the last 1 year, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.73% return, outperforming this fund by 0.13%.
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In the last 3 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.61% return, outperforming this fund by 1.64% per annum.
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Over the last 1 month, this fund has increased expense ratio by 19.4% moving from 0.31 to 0.37.
Insights icon
This fund has one of the lowest expense ratio in the category (ultra short duration). Its expense ratio is 0.37% which is lower than the category average expense ratio of 0.56%.
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In the last 5 years, ICICI Prudential Ultra Short Term Fund Direct Plan Growth has given 6.56% return, outperforming this fund by 0.65% per annum.

Fund Manager

Akhil Mittal
Akhil Mittal
Fund Manager of Tata Ultra Short Term Fund Direct Growth, since 23 January 2019

Tata Ultra Short Term Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.06% since inception which is less than its category average return of 7.17%
AUM size ₹2711 Cr

AUM size ₹2711 Cr

This fund has AUM of ₹2711 Cr which is less than its category average of ₹ 3026 Cr
Expense Ratio 0.37%

Expense Ratio 0.37%

This fund has an expense ratio of 0.37% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions

The current NAV of Tata Ultra Short Term Fund Direct Growth is ₹13.7 as on 29-May-2024.
Existing (Absolute + CAGR) as on 29-May-2024.
Tata Ultra Short Term Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.59%
0.59%
6 Month Returns
3.85%
3.85%
1 Year Returns
7.58%
7.58%
3 Years Returns
19.03%
5.98%
5 Years Returns
33.3%
5.92%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.37% as on April 2024
₹2711 Cr as on April 2024
Kotak Mahindra Bank Ltd.(5.39%), Small Industries Development Bank Of India(4.42%), Canara Bank(3.67%), 182 DTB 13062024(3.67%), HDFC Bank Limited(3.67%) as on April 2024
Corporate(52.98%), Cash Equivalent(41.76%), Government(5.27%) as on April 2024
Yield to Maturity is 7.62 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.45 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
89.21
AA
10.79
Akhil Mittal is the fund manager of Tata Ultra Short Term Fund Direct Growth
The Exit load of Tata Ultra Short Term Fund Direct Growth is 0%