ITI Ultra Short Duration Fund Direct Growth
DebtUltra Short DurationLow to Moderate Risk
Direct
NAV (01-Sep-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹176 Cr
Expense Ratio
0.30%
ISIN
INF00XX01AE2
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
06 May 2021
About this fund
As of 01-Sep-25, it has a Net Asset Value (NAV) of ₹1293.69, Assets Under Management (AUM) of 176.30 Crores, and an expense ratio of 0.3%.
- ITI Ultra Short Duration Fund Direct Growth has given a CAGR return of 6.13% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 47.47% in debts, and 52.17% in cash & cash equivalents.
- You can start investing in ITI Ultra Short Duration Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.42%
+7.05% (Cat Avg.)
3 Years
+7.19%
+6.76% (Cat Avg.)
Since Inception
+6.13%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2025
| Debt | ₹83.7 Cr | 47.47% |
| Others | ₹92.6 Cr | 52.53% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹15.04 Cr | 8.53% |
| Rec Limited | Bond - Corporate Bond | ₹14.97 Cr | 8.49% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹14.92 Cr | 8.47% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.89 Cr | 8.45% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹12.58 Cr | 7.14% |
| Treps 18-Aug-2025 | Cash - Repurchase Agreement | ₹12.26 Cr | 6.95% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹12.15 Cr | 6.89% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹10.11 Cr | 5.74% |
| Mahindra And Mahindra Financial Services Limited | Bond - Corporate Bond | ₹10.08 Cr | 5.72% |
| Sundaram Finance Limited | Bond - Corporate Bond | ₹8.01 Cr | 4.54% |
| India (Republic of) | Bond - Short-term Government Bills | ₹7.9 Cr | 4.48% |
| 182 Days Tbill | Bond - Gov't/Treasury | ₹7.46 Cr | 4.23% |
| Net Receivables / (Payables) | Cash | ₹-6.31 Cr | 3.58% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹5.03 Cr | 2.85% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹5 Cr | 2.84% |
| Axis Finance Ltd. | Cash - Commercial Paper | ₹4.99 Cr | 2.83% |
| Canara Bank | Cash - CD/Time Deposit | ₹4.99 Cr | 2.83% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹4.97 Cr | 2.82% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹4.93 Cr | 2.79% |
| Indian Bank | Cash - CD/Time Deposit | ₹4.87 Cr | 2.76% |
| Canara Bank** | Cash - CD/Time Deposit | ₹4.83 Cr | 2.74% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹1 Cr | 0.57% |
| 6.33% Goi 2035 | Bond - Gov't/Treasury | ₹0.99 Cr | 0.56% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹0.63 Cr | 0.36% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹96.71 Cr | 54.86% |
| Cash - CD/Time Deposit | ₹41.76 Cr | 23.69% |
| Cash - Commercial Paper | ₹14.89 Cr | 8.45% |
| Cash - Repurchase Agreement | ₹12.26 Cr | 6.95% |
| Bond - Gov't/Treasury | ₹8.46 Cr | 4.80% |
| Bond - Short-term Government Bills | ₹7.9 Cr | 4.48% |
| Cash | ₹-6.31 Cr | 3.58% |
| Mutual Fund - Open End | ₹0.63 Cr | 0.36% |
Risk & Performance Ratios
Standard Deviation
This fund
0.26%
Cat. avg.
0.48%
Lower the better
Sharpe Ratio
This fund
1.92
Cat. avg.
0.47
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.66
Higher the better
Fund Managers
Laukik Bagwe
Since February 2025
Additional Scheme Detailsas of 15th August 2025
ISIN INF00XX01AE2 | Expense Ratio 0.30% | Exit Load No Charges | Fund Size ₹176 Cr | Age 4 years 3 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Ultra Short Duration Fund TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Ultra Short Duration Funds
About the AMC
Other Funds by ITI Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| ITI Focused Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹533.70 Cr | 1.0% |
| ITI Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹69.01 Cr | 6.9% |
| ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹176.30 Cr | 7.4% |
| ITI Multi Cap Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹1275.41 Cr | -5.3% |
| ITI Value Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹330.62 Cr | -9.1% |
| ITI Conservative Hybrid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹14.80 Cr | 8.9% |
| ITI Dynamic Bond Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹39.39 Cr | 6.2% |
| ITI Balanced Advantage Fund Direct Growth Moderately High risk | 0.6% | 0.0% | ₹401.55 Cr | 2.4% |
| ITI Small Cap Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹2679.81 Cr | -1.4% |
| ITI Large Cap Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹522.55 Cr | -5.4% |
| ITI Banking & PSU Debt Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹36.09 Cr | 8.2% |
| ITI Banking and Financial Services Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹310.07 Cr | 7.2% |
| ITI Arbitrage Fund Direct Growth Low Risk | 0.2% | 0.0% | ₹48.92 Cr | 7.5% |
| ITI Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹29.08 Cr | 6.0% |
| ITI Mid Cap Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹1223.89 Cr | -7.7% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹420.01 Cr | -5.1% |
| ITI Pharma and Healthcare Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹235.68 Cr | -1.1% |
| ITI Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹1193.76 Cr | -2.8% |
Risk Level
Your principal amount will be at Low to Moderate Risk
Take control of your wealth
Related Articles
Still got questions?
We're here to help.
What is the current NAV of ITI Ultra Short Duration Fund Direct Growth?
What are the returns of ITI Ultra Short Duration Fund Direct Growth?
What is the portfolio composition of ITI Ultra Short Duration Fund Direct Growth?
Who manages the ITI Ultra Short Duration Fund Direct Growth?
- Laukik Bagwe
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ITI Ultra Short Duration Fund Direct Growth
DebtUltra Short DurationLow to Moderate Risk
Direct
NAV (01-Sep-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹176 Cr
Expense Ratio
0.30%
ISIN
INF00XX01AE2
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
06 May 2021
Risk Level
Your principal amount will be at Low to Moderate Risk
About this fund
As of 01-Sep-25, it has a Net Asset Value (NAV) of ₹1293.69, Assets Under Management (AUM) of 176.30 Crores, and an expense ratio of 0.3%.
- ITI Ultra Short Duration Fund Direct Growth has given a CAGR return of 6.13% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 47.47% in debts, and 52.17% in cash & cash equivalents.
- You can start investing in ITI Ultra Short Duration Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.42%
+7.05% (Cat Avg.)
3 Years
+7.19%
+6.76% (Cat Avg.)
Since Inception
+6.13%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2025
| Debt | ₹83.7 Cr | 47.47% |
| Others | ₹92.6 Cr | 52.53% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹15.04 Cr | 8.53% |
| Rec Limited | Bond - Corporate Bond | ₹14.97 Cr | 8.49% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹14.92 Cr | 8.47% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.89 Cr | 8.45% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹12.58 Cr | 7.14% |
| Treps 18-Aug-2025 | Cash - Repurchase Agreement | ₹12.26 Cr | 6.95% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹12.15 Cr | 6.89% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹10.11 Cr | 5.74% |
| Mahindra And Mahindra Financial Services Limited | Bond - Corporate Bond | ₹10.08 Cr | 5.72% |
| Sundaram Finance Limited | Bond - Corporate Bond | ₹8.01 Cr | 4.54% |
| India (Republic of) | Bond - Short-term Government Bills | ₹7.9 Cr | 4.48% |
| 182 Days Tbill | Bond - Gov't/Treasury | ₹7.46 Cr | 4.23% |
| Net Receivables / (Payables) | Cash | ₹-6.31 Cr | 3.58% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹5.03 Cr | 2.85% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹5 Cr | 2.84% |
| Axis Finance Ltd. | Cash - Commercial Paper | ₹4.99 Cr | 2.83% |
| Canara Bank | Cash - CD/Time Deposit | ₹4.99 Cr | 2.83% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹4.97 Cr | 2.82% |
| HDFC Securities Limited | Cash - Commercial Paper | ₹4.93 Cr | 2.79% |
| Indian Bank | Cash - CD/Time Deposit | ₹4.87 Cr | 2.76% |
| Canara Bank** | Cash - CD/Time Deposit | ₹4.83 Cr | 2.74% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹1 Cr | 0.57% |
| 6.33% Goi 2035 | Bond - Gov't/Treasury | ₹0.99 Cr | 0.56% |
| Corporate Debt Market Development Fund Class A2 | Mutual Fund - Open End | ₹0.63 Cr | 0.36% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹96.71 Cr | 54.86% |
| Cash - CD/Time Deposit | ₹41.76 Cr | 23.69% |
| Cash - Commercial Paper | ₹14.89 Cr | 8.45% |
| Cash - Repurchase Agreement | ₹12.26 Cr | 6.95% |
| Bond - Gov't/Treasury | ₹8.46 Cr | 4.80% |
| Bond - Short-term Government Bills | ₹7.9 Cr | 4.48% |
| Cash | ₹-6.31 Cr | 3.58% |
| Mutual Fund - Open End | ₹0.63 Cr | 0.36% |
Risk & Performance Ratios
Standard Deviation
This fund
0.26%
Cat. avg.
0.48%
Lower the better
Sharpe Ratio
This fund
1.92
Cat. avg.
0.47
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.66
Higher the better
Fund Managers
Laukik Bagwe
Since February 2025
Additional Scheme Detailsas of 15th August 2025
ISIN INF00XX01AE2 | Expense Ratio 0.30% | Exit Load No Charges | Fund Size ₹176 Cr | Age 4 years 3 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Ultra Short Duration Fund TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Ultra Short Duration Funds
About the AMC
Other Funds by ITI Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| ITI Focused Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹533.70 Cr | 1.0% |
| ITI Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹69.01 Cr | 6.9% |
| ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹176.30 Cr | 7.4% |
| ITI Multi Cap Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹1275.41 Cr | -5.3% |
| ITI Value Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹330.62 Cr | -9.1% |
| ITI Conservative Hybrid Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹14.80 Cr | 8.9% |
| ITI Dynamic Bond Fund Direct Growth Moderate Risk | 0.1% | 0.0% | ₹39.39 Cr | 6.2% |
| ITI Balanced Advantage Fund Direct Growth Moderately High risk | 0.6% | 0.0% | ₹401.55 Cr | 2.4% |
| ITI Small Cap Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹2679.81 Cr | -1.4% |
| ITI Large Cap Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹522.55 Cr | -5.4% |
| ITI Banking & PSU Debt Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹36.09 Cr | 8.2% |
| ITI Banking and Financial Services Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹310.07 Cr | 7.2% |
| ITI Arbitrage Fund Direct Growth Low Risk | 0.2% | 0.0% | ₹48.92 Cr | 7.5% |
| ITI Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹29.08 Cr | 6.0% |
| ITI Mid Cap Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹1223.89 Cr | -7.7% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹420.01 Cr | -5.1% |
| ITI Pharma and Healthcare Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹235.68 Cr | -1.1% |
| ITI Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹1193.76 Cr | -2.8% |
Related Articles
Still got questions?
We're here to help.
What is the current NAV of ITI Ultra Short Duration Fund Direct Growth?
What are the returns of ITI Ultra Short Duration Fund Direct Growth?
What is the portfolio composition of ITI Ultra Short Duration Fund Direct Growth?
Who manages the ITI Ultra Short Duration Fund Direct Growth?
- Laukik Bagwe
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
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