ITI Ultra Short Duration Fund Direct Growth
Debt
Direct
Ultra Short Duration
NAV as on 24-01-2025
₹ 1238.98
Inception Returns
5.9%
/yr
About ITI Ultra Short Duration Fund Direct Growth
ITI Ultra Short Duration Fund Direct Growth is a debt fund. This fund was started on 6 May, 2021. The fund is managed by . This fund is suitable to keep your money safe.
Key Parameters
- ITI Ultra Short Duration Fund Direct Growth has ₹252 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
ITI Ultra Short Duration Fund Direct Growth has given a CAGR return of 5.92% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 7.44% and 6.51% respectively.
Holdings
ITI Ultra Short Duration Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are HDFC Bank Limited, Export-Import Bank of India, Bank Of Baroda, Punjab National Bank, Canara Bank
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: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 ITI Ultra Short Duration Fund Direct Growth
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 Duration Fund Direct Growth has no lock in period.
Historical NAV & Returns
ITI Ultra Short Duration Fund Direct Growth Overview
| Expense ratio | 0.14% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹252 Cr |
| Inception Date | 6 May, 2021 |
| Min Lumpsum/SIP | ₹5000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 572.64% |
| 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 |   Low to Moderate Risk |
Trailing Returns
as on (24-Jan-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 229.3 Cr as of Dec'24
- AUM increased by 29.6 Cr between Dec'24 and Nov'24
Top 2 Sectors in December were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Limited | 9.56% | 0% | |
Export-Import Bank of India | 8.82% | 0% | |
Bank Of Baroda | 8.64% | 0% | |
Punjab National Bank | 8.63% | 100% | |
Canara Bank | 8.6% | 0% |
ITI Ultra Short Duration Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹252 Cr
Expense Ratio 0.14%
Frequently Asked Questions for ITI Ultra Short Duration Fund Direct Growth
ITI Ultra Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.6% | 0.6% |
6 Month Returns | 3.61% | 3.61% |
1 Year Returns | 7.44% | 7.44% |
3 Years Returns | 20.84% | 6.51% |
5 Years Returns | 0% | 0% |
- 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.
AAA | 100 |