UTI Ultra Short Duration Fund Direct Growth
Debt
Direct
Ultra Short Duration
NAV as on 19-11-2024
₹ 4340.62
Inception Returns
7.5%
/yr
About UTI Ultra Short Duration Fund Direct Growth
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.
Key Parameters
- UTI Ultra Short Duration Fund Direct Growth has ₹3046 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
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 7.85%, 6.50% and 6.47% respectively.
Holdings
UTI Ultra Short Duration Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Government, Consumer Cyclical. Its top holdings are National Bank For Agriculture And Rural Development, Bajaj Housing Finance Limited, HDFC Bank Limited, Shriram Transport Finance Company Limited, Bharti Telecom 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: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 Ultra Short Duration Fund Direct Growth
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 and lockin period
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.
Historical NAV & Returns
UTI Ultra Short Duration Fund Direct Growth Overview
| 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 within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 2.7K Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Corporate & Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 National Bank For Agriculture And Rural Development | 4.9% | 0% | |
Bajaj Housing Finance Limited | 3.29% | 0% | |
HDFC Bank Limited | 2.46% | 0% | |
Shriram Transport Finance Company Limited | 1.64% | 0% | |
Bharti Telecom Limited | 1.64% | 0% |
Mutual Fund Insights
UTI Ultra Short Duration Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹3046 Cr
Expense Ratio 0.33%
Frequently Asked Questions for UTI Ultra Short Duration Fund Direct Growth
UTI Ultra Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.64% | 0.64% |
6 Month Returns | 3.89% | 3.89% |
1 Year Returns | 7.85% | 7.85% |
3 Years Returns | 20.79% | 6.5% |
5 Years Returns | 36.8% | 6.47% |
- 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 | 78.01 |
AA | 21.99 |