UTI Credit Risk Fund Direct Plan Growth Option
Debt
Direct
Credit Risk
NAV: ₹ 17.4 as on 23-04-2024
Fund Performance
10 people have invested ₹ 1.3L in UTI Credit Risk Fund Direct Plan Growth Option in the last three months
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (credit risk). Its expense ratio is 0.91% which is lower than the category average expense ratio of 1.22%.
In the last 3 years, this fund has outperformed all funds in its category.
In the last 1 year, DSP Credit Risk Fund Direct Plan Growth has given 16.02% return, outperforming this fund by 8.7%.
Over the last 1 month, this fund has experienced a 2.6% drop in AUM moving from 406.0 Cr to 395.44 Cr.
In the last 5 years, ICICI Prudential Credit Risk Fund Direct Plan Growth has given 8.25% return, outperforming this fund by 8.98% per annum.
About the UTI Credit Risk Fund Direct Plan Growth Option
UTI Credit Risk Fund Direct Plan Growth Option is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Ritesh Nambiar. This fund is suitable to keep your money safe.
Key Parameters
- UTI Credit Risk Fund Direct Plan Growth Option has ₹395 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.9.
UTI Credit Risk Fund Direct Plan Growth Option Overview
 | 0.91% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹395 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 118.14% |
UTI Credit Risk Fund Direct Plan Growth Option Distribution as on (31-Dec-69)
Credit rating breakup
AA
78.3%
AAA
21.7%
Sector Allocation
Corporate
66.8%
Government
21%
Cash Equivalent
12.2%
Top Holdings of UTI Credit Risk Fund Direct Plan Growth Option as on (31-Mar-24)
Debt Holdings31
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 13.79% | 0% | |
Piramal Capital & Housing Finance Limited | 6.46% | 0% | |
TATA Motors Limited | 6.36% | 0% | |
Century Textiles And Industried Limited | 6.06% | 0% | |
TATA Projects Limited | 5.01% | 0% |
See all
UTI Credit Risk Fund Direct Plan Growth Option: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 395.9 Cr as of Mar'24
- AUM decreased by 10.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
UTI Credit Risk Fund Direct Plan Growth Option Fund Manager
Ritesh Nambiar
Fund Manager of UTI Credit Risk Fund Direct Plan Growth Option, since 9 November 2012
Top funds managed
UTI Credit Risk Fund Direct Plan Growth Option Highlights
Moderately High risk
Investors understand that their principal will be at Moderately High risk
About the fund
This fund has delivered an average annual returns of 4.91% since inception which is less than its category average return of 5.25%
AUM size ₹395 Cr
This fund has AUM of ₹395 Cr which is less than its category average of ₹ 1252 Cr
Expense Ratio 0.91%
This fund has an expense ratio of 0.91% which is less than its category average expense ratio of 1.15%
Frequently Asked Questions
The current NAV of UTI Credit Risk Fund Direct Plan Growth Option is ₹17.4 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
UTI Credit Risk Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.49% | 0.49% |
6 Month Returns | 3.83% | 3.83% |
1 Year Returns | 7.32% | 7.32% |
3 Years Returns | 38.81% | 11.55% |
5 Years Returns | -3.59% | -0.73% |
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.
0.91% as on March 2024
₹395 Cr as on March 2024
7.18% Govt Stock 2033(13.79%), Piramal Capital & Housing Finance Limited(6.46%), TATA Motors Limited(6.36%), Century Textiles And Industried Limited(6.06%), TATA Projects Limited(5.01%) as on March 2024
Corporate(66.85%), Government(20.98%), Cash Equivalent(12.17%) as on March 2024
Yield to Maturity is 8.25 as on March 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 2.03 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA | 78.34 |
AAA | 21.66 |
Ritesh Nambiar is the fund manager of UTI Credit Risk Fund Direct Plan Growth Option
The Exit load of UTI Credit Risk Fund Direct Plan Growth Option is 1%