Tata Ultra Short Term Fund Direct Weekly Payout of Inc Dist cum Cap Wdrl

Debt
Direct
Ultra Short Duration
Tata Ultra Short Term Fund Direct Weekly Payout of Inc Dist cum Cap Wdrl

About the Fund

Tata Ultra Short Term Fund Direct Weekly Payout of Inc Dist cum Cap Wdrl 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 Weekly Payout of Inc Dist cum Cap Wdrl has ₹2671 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.

Returns

Tata Ultra Short Term Fund Direct Weekly Payout of Inc Dist cum Cap Wdrl has given a CAGR return of 5.67% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.99%, 5.79% and 5.48% respectively.

Holdings

Tata Ultra Short Term Fund Direct Weekly Payout of Inc Dist cum Cap Wdrl has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Kotak Mahindra Bank Ltd., Small Industries Development Bank Of India, 182 DTB 13062024, Canara Bank, HDFC Bank Limited

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 Weekly Payout of Inc Dist cum Cap Wdrl

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 0.00. Tata Ultra Short Term Fund Direct Weekly Payout of Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
2 people have invested ₹ 1000 in Tata Ultra Short Term Fund Direct Weekly Payout of Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.37%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹2671 Cr
Inception Date23 January, 2019
Min Lumpsum/SIP₹5000/--
Exit Load0%
Lock InNo Lock-in
TurnOver
236.83%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
89.7%

AA
10.3%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
50.3%
Cash Equivalent
43.9%
Government
5.8%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
Kotak Mahindra Bank Ltd.
Kotak Mahindra Bank Ltd.
5.97%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
4.89%
0%
182 DTB 13062024
182 DTB 13062024
4.06%
0%
Canara Bank
Canara Bank
4.05%
0%
HDFC Bank Limited
HDFC Bank Limited
3.92%
0%

Akhil Mittal
Akhil Mittal
Fund Manager of Tata Ultra Short Term Fund Direct Weekly Payout of Inc Dist cum Cap Wdrl, since 23 January 2019

Tata Ultra Short Term Fund Direct Weekly Payout of Inc Dist cum Cap Wdrl 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 5.67% since inception which is less than its category average return of 7.17%
AUM size ₹2671 Cr

AUM size ₹2671 Cr

This fund has AUM of ₹2671 Cr which is less than its category average of ₹ 3139 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 0.63%

Frequently Asked Questions

The current NAV of Tata Ultra Short Term Fund Direct Weekly Payout of Inc Dist cum Cap Wdrl is ₹10.41 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
Tata Ultra Short Term Fund Direct Weekly Payout of Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.47%
0.47%
6 Month Returns
3.47%
3.47%
1 Year Returns
6.99%
6.99%
3 Years Returns
18.39%
5.79%
5 Years Returns
30.58%
5.48%
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 May 2024
₹2671 Cr as on May 2024
Kotak Mahindra Bank Ltd.(5.97%), Small Industries Development Bank Of India(4.89%), 182 DTB 13062024(4.06%), Canara Bank(4.05%), HDFC Bank Limited(3.92%) as on May 2024
Corporate(50.3%), Cash Equivalent(43.88%), Government(5.83%) as on May 2024
Yield to Maturity is 7.68 as on May 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 0.46 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
89.68
AA
10.32
Akhil Mittal is the fund manager of Tata Ultra Short Term Fund Direct Weekly Payout of Inc Dist cum Cap Wdrl
The Exit load of Tata Ultra Short Term Fund Direct Weekly Payout of Inc Dist cum Cap Wdrl is 0%