UTI Credit Risk Fund Direct Growth

UTI Credit Risk Fund Direct Growth

Debt

Direct

Credit Risk

NAV as on 11-12-2024

₹ 18.42

Inception Returns

5.1%

/yr

About UTI Credit Risk Fund Direct Growth

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.

Key Parameters

  1. UTI Credit Risk Fund Direct Growth has ₹316 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.9.

Returns

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.

Holdings

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

Taxation

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.

Investment objective of UTI Credit Risk Fund Direct Growth

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 and lockin period

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
17 people have invested ₹ 89.2K in UTI Credit Risk Fund Direct Growth in the last three months

UTI Credit Risk Fund Direct Growth Overview

Expense ratio0.94%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹316 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
36.21%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderately High risk

Trailing Returns

as on (11-Dec-24)

Period
UTI Credit Risk Fund Direct Growth
Credit Risk Index
1M
0.6%
0.6%
3M
2%
1.7%
6M
4.7%
4.1%
1Y
8.9%
8.1%
3Y
6.9%
9.1%
5Y
1.7%
6.7%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.6%

AA
78.5%

AAA
21.5%

Sector Allocation

Oct'24

Sep'24

Aug'24

Corporate
60%
Cash Equivalent
24.5%
Government
15.5%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 324.6 Cr
₹ 330.3 Cr
₹ 343.2 Cr
  • AUM of the fund stands at 324.6 Cr as of Oct'24
  • AUM decreased by 5.6 Cr between Oct'24 and Sep'24
Cash allocation has gone down from 30.3% to 24.4%
Cash allocation has gone down from 30.3% to 24.4%
Debt allocation has gone up from 69.3% to 75.2%
Debt allocation has gone up from 69.3% to 75.2%

Top 2 Sectors in October were Corporate, Government

Oct'24
Corporate
60%
Government
15%
Sep'24
Corporate
54%
Government
15%
  • Debt & Cash

Holdings
Weight%
1M Change
7.1% Govt Stock 2034
7.1% Govt Stock 2034
9.86%
0%
Piramal Capital & Housing Finance Limited
Piramal Capital & Housing Finance Limited
8.06%
0%
Century Textiles And Industried Limited
Century Textiles And Industried Limited
7.58%
0%
Aadhar Housing Finance Ltd.
Aadhar Housing Finance Ltd.
6.38%
0%
TATA Projects Limited
TATA Projects Limited
6.32%
0%
Loading...
We are taking more time than usual
Ritesh Nambiar
Ritesh Nambiar
Fund Manager of UTI Credit Risk Fund Direct Growth, since 9 November 2012
Fund House
UTI Asset Management Co Ltd
Total Schemes
Total AUM
₹2.37L Cr
as on 31-Oct-2024
Address
PMS Division, UTI - Tower, “Gn” Block, Bandra Kurla Complex, Mumbai- 400051
Phone
+912266786666
Website
service@uti.co.in

Mutual Fund Insights

Insights icon
This fund has one of the lowest expense ratio in the category (credit risk). Its expense ratio is 0.94% which is lower than the category average expense ratio of 1.19%.
Insights icon
Over the last 3 months, this fund has experienced a 7.9% drop in AUM moving from 343.15 Cr to 316.12 Cr.
Insights icon
In the last 3 years, DSP Credit Risk Fund Direct Plan Growth has given 11.64% return, outperforming this fund by 4.77% per annum.
Insights icon
In the last 1 year, Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth has given 13.24% return, outperforming this fund by 4.27%.
Insights icon
In the last 5 years, Aditya Birla Sun Life Credit Risk Fund Direct Plan Growth has given 9.27% return, outperforming this fund by 7.52% per annum.

UTI Credit Risk Fund Direct Growth Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 5.14% since inception which is less than its category average return of 5.46%
AUM size ₹316 Cr

AUM size ₹316 Cr

This fund has AUM of ₹316 Cr which is less than its category average of ₹ 1208 Cr
Expense Ratio 0.94%

Expense Ratio 0.94%

This fund has an expense ratio of 0.94% which is less than its category average expense ratio of 1.14%

Frequently Asked Questions for UTI Credit Risk Fund Direct Growth

The current NAV of UTI Credit Risk Fund Direct Growth is ₹18.42 as on 11-Dec-2024.
Existing (Absolute + CAGR) as on 11-Dec-2024.
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%
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.
0.94% as on November 2024
₹316 Cr as on November 2024
7.1% Govt Stock 2034(9.86%), Piramal Capital & Housing Finance Limited(8.06%), Century Textiles And Industried Limited(7.58%), Aadhar Housing Finance Ltd.(6.38%), TATA Projects Limited(6.32%) as on November 2024
Corporate(55.35%), Cash Equivalent(28.69%), Government(15.96%) as on November 2024
Yield to Maturity is 8.02 as on November 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 2.05 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA
78.5
AAA
21.5
Ritesh Nambiar is the fund manager of UTI Credit Risk Fund Direct Growth
The Exit load of UTI Credit Risk Fund Direct Growth is 1%