UTI Short Duration Fund Direct Growth

UTI Short Duration Fund Direct Growth

Debt

Direct

Short Duration

NAV as on 30-10-2024

₹ 31.9

Inception Returns

7.4%

/yr

About UTI Short Duration Fund Direct Growth

UTI Short Duration Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Sudhir Agarwal. This fund is suitable to keep your money safe.

Key Parameters

  1. UTI Short Duration Fund Direct Growth has ₹2567 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

UTI Short Duration Fund Direct Growth has given a CAGR return of 7.45% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.83%, 6.57% and 8.05% respectively.

Holdings

UTI Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 07.04 Goi 03062029, National Housing Bank, Small Industries Development Bank Of India, National Bank For Agriculture And Rural Development, LIC Housing Finance Limited

Taxation

As it is a 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 UTI Short Duration Fund Direct Growth

The investment objective of the scheme is to generate reasonable income, with low risk and high level of liquidity from a portfolio of debt & money market instruments. 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 Short Duration Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
894 people have invested ₹ 4.2Cr in UTI Short Duration Fund Direct Growth in the last three months

UTI Short Duration Fund Direct Growth Overview

Expense ratio0.41%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹2567 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
279.37%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (30-Oct-24)

Period
UTI Short Duration Fund Direct Growth
Short Duration Index
1M
0.5%
0.3%
3M
2.2%
1.6%
6M
4.4%
3.8%
1Y
8.8%
7.6%
3Y
6.6%
5.9%
5Y
8.1%
6.2%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
89.6%

AA
10.4%

Sector Allocation

Sep'24

Aug'24

Jul'24

Corporate
74.5%
Government
21.7%
Cash Equivalent
3.7%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 2.9K Cr
₹ 2.9K Cr
₹ 2.7K Cr
  • AUM of the fund stands at 2.9K Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24
Cash allocation has gone down from 5.1% to 3.7%
Cash allocation has gone down from 5.1% to 3.7%
Debt allocation has gone up from 94.7% to 96%
Debt allocation has gone up from 94.7% to 96%

Top 2 Sectors in September were Corporate, Government

Sep'24
Corporate
75%
Government
22%
Aug'24
Corporate
70%
Government
25%
  • Debt & Cash

Holdings
Weight%
1M Change
07.04 Goi 03062029
07.04 Goi 03062029
8.42%
0%
National Housing Bank
National Housing Bank
7.48%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
7.12%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
7.12%
-11.1%
LIC Housing Finance Limited
LIC Housing Finance Limited
6.25%
0%
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Sudhir Agarwal
Sudhir Agarwal
Fund Manager of UTI Short Duration Fund Direct Growth, since 25 October 2012
Fund House
UTI Asset Management Co Ltd
Total Schemes
Total AUM
₹2.29L Cr
as on 30-Sep-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 expense ratio is slightly on the lower side within the category (short duration). Its expense ratio is 0.41% which is lower than the category average expense ratio of 0.71%.
Insights icon
Over the last 1 month, this fund has experienced a 11.0% drop in AUM moving from 2.88K Cr to 2.56K Cr.
Insights icon
In the last 5 years, this fund has outperformed all funds in its category.
Insights icon
In the last 1 year, Bandhan Bond Fund - Short Term Plan Direct Plan Growth has given 9.03% return, outperforming this fund by 0.2%.
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Over the last 1 month, this fund has increased expense ratio by 7.9% moving from 0.38 to 0.41.
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In the last 3 years, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 7.09% return, outperforming this fund by 0.52% per annum.

UTI Short Duration Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 7.45% since inception which is more than its category average return of 5.82%
AUM size ₹2567 Cr

AUM size ₹2567 Cr

This fund has AUM of ₹2567 Cr which is less than its category average of ₹ 3876 Cr
Expense Ratio 0.41%

Expense Ratio 0.41%

This fund has an expense ratio of 0.41% which is less than its category average expense ratio of 0.67%

Frequently Asked Questions for UTI Short Duration Fund Direct Growth

The current NAV of UTI Short Duration Fund Direct Growth is ₹31.9 as on 30-Oct-2024.
Existing (Absolute + CAGR) as on 30-Oct-2024.
UTI Short Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.53%
0.53%
6 Month Returns
4.37%
4.37%
1 Year Returns
8.83%
8.83%
3 Years Returns
21.03%
6.57%
5 Years Returns
47.28%
8.05%
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.
0.41% as on October 2024
₹2567 Cr as on October 2024
07.04 Goi 03062029(8.42%), National Housing Bank(7.48%), Small Industries Development Bank Of India(7.12%), National Bank For Agriculture And Rural Development(7.12%), LIC Housing Finance Limited(6.25%) as on October 2024
Corporate(67.17%), Government(23.32%), Cash Equivalent(9.51%) as on October 2024
Yield to Maturity is 7.56 as on October 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 2.75 as on October 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
89.64
AA
10.36
Sudhir Agarwal is the fund manager of UTI Short Duration Fund Direct Growth
The Exit load of UTI Short Duration Fund Direct Growth is 0%