Debt
Direct
Credit Risk
NAV as on 11-12-2024
₹ 18.42
Inception Returns
5.1%
/yr
UTI Credit Risk Fund Direct Growth 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.
UTI Credit Risk Fund Direct Growth has given a CAGR return of 5.14% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.92%, 6.88% and 1.74% respectively.
UTI Credit Risk Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are 7.1% Govt Stock 2034, Piramal Capital & Housing Finance Limited, Century Textiles And Industried Limited, Aadhar Housing Finance Ltd., TATA Projects Limited
As it is a credit risk 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.
The investment objective of the scheme is to generate reasonable income and capital appreciation by investing minimum of 65% of total assets in AA and below rated corporate bonds (excluding AA+ rated corporate bonds). However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. UTI Credit Risk Fund Direct Growth has no lock in period.
Expense ratio | 0.94% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹316 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 36.21% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderately High risk |
as on (11-Dec-24)
as on (31-Dec-69)
Top 2 Sectors in October were Corporate, Government
UTI Credit Risk Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.58% | 0.58% |
6 Month Returns | 4.7% | 4.7% |
1 Year Returns | 8.92% | 8.92% |
3 Years Returns | 22.08% | 6.88% |
5 Years Returns | 9.01% | 1.74% |
AA | 78.5 |
AAA | 21.5 |