UTI - Ultra Short Term Fund - Direct Plan - Fortnightly Reinvestment Inc Dist cum Cap Wdrl
Debt
Direct
Ultra Short Duration
NAV: ₹ 1324.7 as on 31-05-2023
Fund Performance
About the Fund
UTI - Ultra Short Term Fund - Direct Plan - Fortnightly Reinvestment Inc Dist cum Cap Wdrl is a debt fund. This fund was started on 23 March, 2017. The fund is managed by Ritesh Nambiar. This fund is suitable to keep your money safe.
Key parameters
1) UTI - Ultra Short Term Fund - Direct Plan - Fortnightly Reinvestment Inc Dist cum Cap Wdrl has a NAV of ₹1324.6625 as on 31-05-2023.
2) UTI - Ultra Short Term Fund - Direct Plan - Fortnightly Reinvestment Inc Dist cum Cap Wdrl has ₹2354 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.
3) The fund has an expense ratio 0.45 %.
UTI - Ultra Short Term Fund - Direct Plan - Fortnightly Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.45% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹2354 Cr |
 | 23 March, 2017 |
 | ₹20000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 163.81% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
87%
AA
13%
Sector Allocation
Corporate
46.4%
Cash Equivalent
35.8%
Government
17.8%
Top Holdings of UTI - Ultra Short Term Fund - Direct Plan - Fortnightly Reinvestment Inc Dist cum Cap Wdrl as on (31-May-23)
Debt Holdings54
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Net Current Assets | 10.94% | 0% | |
ICICI Bank Limited | 3.42% | 0% | |
Bharti Telecom Limited | 2.76% | 0% | |
National Bank For Agriculture And Rural Development | 2.34% | 0% | |
National Bank For Agriculture And Rural Development | 2.34% | 0% |
See all
UTI - Ultra Short Term Fund - Direct Plan - Fortnightly Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.49% whereas the fund’s underlying benchmark Ultra Short Duration Index returns stands at 0.42% as on Apr'23
- This fund outperformed Ultra Short Duration Index by 0.07% in Apr'23
AUM Change
- AUM of the fund stands at 2.2K Cr as of Apr'23
- AUM increased by 236.1 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
UTI - Ultra Short Term Fund - Direct Plan - Fortnightly Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Ritesh Nambiar
Fund Manager of UTI - Ultra Short Term Fund - Direct Plan - Fortnightly Reinvestment Inc Dist cum Cap Wdrl, since 1 July 2015
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 4.8% since inception which is less than its category average return of 7.13%
AUM size ₹2354 Cr
This fund has AUM of ₹2354 Cr which is less than its category average of ₹ 2988 Cr
Expense Ratio 0.45%
This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 0.63%
Frequently Asked Questions
The current NAV of UTI - Ultra Short Term Fund - Direct Plan - Fortnightly Reinvestment Inc Dist cum Cap Wdrl is ₹1324.66 as on 31-May-2023.
Existing (Absolute + CAGR) as on 31-May-2023.
UTI - Ultra Short Term Fund - Direct Plan - Fortnightly Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 0.66% | 0.66% |
6 Month Returns | 3.64% | 3.64% |
1 Year Returns | 6.48% | 6.48% |
3 Years Returns | 18.78% | 5.9% |
5 Years Returns | 26.38% | 4.79% |
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.
0.45% as on May 2023
₹2354 Cr as on May 2023
Net Current Assets(10.94%), ICICI Bank Limited(3.42%), Bharti Telecom Limited(2.76%), Bharti Airtel Limited (Formerly Bharti Tele-Ventures Limited)(2.34%), National Bank For Agriculture And Rural Development(2.34%) as on May 2023
Corporate(45.28%), Cash Equivalent(38.14%), Government(16.58%) as on May 2023
Yield to Maturity is 7.42 as on May 2023. 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 0.41 as on May 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 86.96 |
AA | 13.04 |
Ritesh Nambiar is the fund manager of UTI - Ultra Short Term Fund - Direct Plan - Fortnightly Reinvestment Inc Dist cum Cap Wdrl
The Exit load of UTI - Ultra Short Term Fund - Direct Plan - Fortnightly Reinvestment Inc Dist cum Cap Wdrl is 0%