ITI Ultra Short Term Fund Direct Growth
Get the latest NAV of ITI Ultra Short Term Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹1379.27
NAV as on 04 Sep 2026
6.21%/per year
Since Inception
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14 people have invested ₹ 35.5L in ITI Ultra Short Term Fund in the last three months
ITI Ultra Short Term Fund Performance vs. Ultra Short Duration Index
Fund returns vs Benchmark returns vs Category Average returns as on (04-Sep-26)
The fund has consistently outperformed the benchmark (Ultra Short Duration Index) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
ITI Ultra Short Term Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
ITI Ultra Short Term Fund Asset Allocation
See fund asset allocation details as on (15-Aug-26)
Fund Distribution
as on (15-Aug-26)
ITI Ultra Short Term Fund Sector Allocation
See fund sector allocation details as on (15-Aug-26)
Sector Allocation
Top 2 Sectors in July were Corporate, Government
Corporate
52%
Government
12%
Corporate
46%
Government
13%
ITI Ultra Short Term Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.21% |
Benchmark | CRISIL Ultra Short Dur Debt A-I TR INR |
| AUM | ₹163 Cr |
| Inception Date | 6 May, 2021 |
| Min Lumpsum/SIP | ₹5,000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 318.04% |
| Risk |   Low to Moderate Risk |
About ITI Ultra Short Term Fund
ITI Ultra Short Term Fund Direct Growth is a debt fund. This fund was started on 6 May, 2021. The fund is managed by Laukik Bagwe. This fund is suitable to keep your money safe.
Key Parameters
- ITI Ultra Short Term Fund has ₹163 Cr worth of assets under management (AUM) as on Aug 2026 and is more than category average.
- The fund has an expense ratio 0.2.
Returns
ITI Ultra Short Term Fund has given a CAGR return of 6.21% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.57%, 7.12% and 6.37% respectively.
Holdings
ITI Ultra Short Term Fund has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Indian Bank, Bank Of Baroda, Icici Securities Limited (Earlier Icici Brokerage Services Limited), Rural Electrification Corporation Limited, Axis Bank Limited
Taxation
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:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of ITI Ultra Short Term Fund
The investment objective of the Scheme is to generate regular income and capital appreciation through investment in a portfolio of short term debt & money market instruments such that the Macaulay duration of the portfolio is between 3 - 6 months. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. ITI Ultra Short Term Fund has no lock in period.
Fund Manager
Laukik Bagwe
Fund Manager of ITI Ultra Short Term Fund, since 1 February 2025
- AUM of the fund stands at 162.5 Cr as of Jul'26
- AUM increased by 10.3 Cr between Jul'26 and Jun'26
Frequently Asked Questions for ITI Ultra Short Term Fund Direct Growth
How do I invest in ITI Ultra Short Term Fund?
- Download the INDmoney app.
- Search for ‘ITI Ultra Short Term Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.