Debt
Direct
Ultra Short Duration
NAV as on 05-12-2024
₹ 4354.54
Inception Returns
7.5%
/yr
UTI Ultra Short Duration 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 Ultra 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 7.84%, 6.56% and 6.48% respectively.
UTI Ultra Short Duration Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Consumer Cyclical, Government. Its top holdings are National Bank For Agriculture And Rural Development, Bajaj Housing Finance Limited, HDFC Bank Limited, Shriram Transport Finance Company Limited, ICICI Home Finance Company Limited
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.
The investment objective of the scheme is to generate reasonable income with low volatility through investment in a portfolio comprising 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 for lump sum payment is INR 500.00 and for SIP is INR 500.00. UTI Ultra Short Duration Fund Direct Growth has no lock in period.
Expense ratio | 0.33% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹3046 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 97.65% |
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 | Moderate Risk |
as on (05-Dec-24)
as on (31-Dec-69)
Top 3 Sectors in October were Financial Services, Corporate & Government
UTI Ultra Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.6% | 0.6% |
6 Month Returns | 3.85% | 3.85% |
1 Year Returns | 7.84% | 7.84% |
3 Years Returns | 21% | 6.56% |
5 Years Returns | 36.86% | 6.48% |
AAA | 78.6 |
AA | 21.4 |