ITI Ultra Short Duration Fund Direct Growth

Fund Overview

Fund Size

₹214 Cr

Expense Ratio

0.13%

ISIN

INF00XX01AE2

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

06 May 2021

About this fund

ITI Ultra Short Duration Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by ITI Mutual Fund. This fund has been in existence for 4 years, 10 months and 4 days, having been launched on 06-May-21.
As of 09-Mar-26, it has a Net Asset Value (NAV) of ₹1333.11, Assets Under Management (AUM) of 213.63 Crores, and an expense ratio of 0.13%.

ITI Ultra Short Duration Fund Direct Growth has given a CAGR return of 6.11% since inception.
The fund's asset allocation comprises around 0.00% in equities, 34.26% in debts, and 65.74% 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

+6.77%

+6.39% (Cat Avg.)

3 Years

+7.17%

+6.77% (Cat Avg.)

Since Inception

+6.11%

— (Cat Avg.)

Portfolio Summaryas of 15th February 2026

Debt	₹73.19 Cr	34.26%
Others	₹140.44 Cr	65.74%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Treps 16-Feb-2026	Cash - Repurchase Agreement	₹167.86 Cr	83.18%
Net Receivables / (Payables)	Cash	₹-136.83 Cr	67.80%
Indian Bank	Cash - CD/Time Deposit	₹19.94 Cr	9.88%
Bank Of Baroda	Cash - CD/Time Deposit	₹19.93 Cr	9.87%
Power Finance Corporation Limited	Bond - Corporate Bond	₹14.99 Cr	7.43%
State Bank Of India	Cash - CD/Time Deposit	₹10.93 Cr	5.42%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹10.02 Cr	4.97%
Mahindra And Mahindra Financial Services Limited	Bond - Corporate Bond	₹10.01 Cr	4.96%
National Housing Bank	Bond - Corporate Bond	₹10.01 Cr	4.96%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹10.01 Cr	4.96%
Fedbank Financial Services Limited	Cash - Commercial Paper	₹6.99 Cr	3.46%
27/03/2026 Maturing 91 DTB	Bond - Gov't/Treasury	₹6.97 Cr	3.45%
Ultratech Cement Limited	Bond - Corporate Bond	₹5.01 Cr	2.48%
Bajaj Finance Limited	Bond - Corporate Bond	₹5 Cr	2.48%
National Housing Bank	Bond - Corporate Bond	₹5 Cr	2.48%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹5 Cr	2.48%
Canara Bank**	Cash - CD/Time Deposit	₹4.98 Cr	2.47%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹4.97 Cr	2.46%
Axis Bank Ltd.	Cash - CD/Time Deposit	₹4.92 Cr	2.44%
Ntpc Limited	Bond - Corporate Bond	₹4.51 Cr	2.23%
Ntpc Limited	Cash - Commercial Paper	₹2.99 Cr	1.48%
Hdb Financial Services Limited	Bond - Corporate Bond	₹2.5 Cr	1.24%
HDFC Securities Limited	Cash - Commercial Paper	₹2.49 Cr	1.23%
6.48% Gs 2035	Bond - Gov't/Treasury	₹1.48 Cr	0.73%
Export-Import Bank Of India	Cash - CD/Time Deposit	₹1 Cr	0.49%
SBI Funds Management Private Ltd	Bond - Corporate Bond	₹0.65 Cr	0.32%
Axis Bank Limited	Cash - CD/Time Deposit	₹0.5 Cr	0.25%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - Repurchase Agreement	₹167.86 Cr	83.18%
Cash	₹-136.83 Cr	67.80%
Bond - Corporate Bond	₹82.67 Cr	40.97%
Cash - CD/Time Deposit	₹67.19 Cr	33.29%
Cash - Commercial Paper	₹12.47 Cr	6.18%
Bond - Gov't/Treasury	₹8.44 Cr	4.18%

Risk & Performance Ratios

Fund Managers

Laukik Bagwe

Since February 2025

Additional Scheme Detailsas of 15th February 2026

ISIN

INF00XX01AE2

Expense Ratio

0.13%

Exit Load

No Charges

Fund Size

₹214 Cr

Age

4 years 10 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

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Franklin India Ultra Short Duration Fund Regular Growth Moderate Risk	0.7%	0.0%	₹284.28 Cr	6.8%
Franklin India Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹284.28 Cr	7.3%
Invesco India Ultra Short Term Fund Direct Growth Moderate Risk	0.2%	0.0%	₹1314.75 Cr	7.0%
Motilal Oswal Ultra Short Term Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹500.02 Cr	5.2%
Motilal Oswal Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹500.02 Cr	6.2%
ITI Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹213.63 Cr	6.0%
ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹213.63 Cr	6.8%
Sundaram Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1838.47 Cr	7.0%
Nippon India Ultra Short Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹10488.47 Cr	7.4%
Kotak Savings Fund Direct Growth Moderate Risk	0.4%	0.0%	₹16137.71 Cr	7.2%
Tata Ultra Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4549.39 Cr	7.2%
Tata Ultra Short Term Fund Regular Growth Moderate Risk	1.1%	0.0%	₹4549.39 Cr	6.3%
ICICI Prudential Ultra Short Term Fund Regular Growth Moderate Risk	0.8%	0.0%	₹17808.13 Cr	6.9%
Nippon India Ultra Short Duration Fund Segregated Portfolio 1 Direct Growth Moderate Risk	0.4%	0.0%	-	195.1%
Nippon India Ultra Short Duration Fund Segregated Portfolio 1 Regular Growth Moderate Risk	1.2%	0.0%	-	195.1%
WhiteOak Capital Ultra Short Term Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹550.34 Cr	6.0%
WhiteOak Capital Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹550.34 Cr	6.6%
DSP Ultra Short Fund Regular Growth Moderate Risk	1.0%	0.0%	₹3775.30 Cr	6.2%
Mirae Asset Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹1984.50 Cr	6.8%
Mirae Asset Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1984.50 Cr	7.1%
UTI Ultra Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3879.04 Cr	7.1%
Aditya Birla Sun Life Savings Fund Direct Growth Moderate Risk	0.3%	0.0%	₹23355.80 Cr	7.4%
Bank of India Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹174.45 Cr	6.7%
SBI Magnum Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹14031.67 Cr	6.9%
HSBC Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹3421.78 Cr	6.9%
HSBC Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.3%	0.0%	₹3421.78 Cr	6.7%
Bandhan Ultra Short Term Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹3566.24 Cr	6.6%
Bandhan Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3566.24 Cr	6.8%
ICICI Prudential Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹17808.13 Cr	7.3%
Canara Robeco Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹546.38 Cr	6.9%
DSP Ultra Short Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3775.30 Cr	7.0%
PGIM India Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹176.81 Cr	6.7%
Axis Ultra Short Term Fund Regular Growth Moderate Risk	1.2%	0.0%	₹5894.20 Cr	6.4%
Axis Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹5894.20 Cr	7.2%
Sundaram Ultra Short Duration Fund Regular Growth Low to Moderate Risk	1.4%	0.0%	₹1838.47 Cr	5.6%
Aditya Birla Sun Life Savings Fund Regular Growth Moderate Risk	0.6%	0.0%	₹23355.80 Cr	7.2%
Kotak Savings Fund Regular Growth Moderate Risk	0.8%	0.0%	₹16137.71 Cr	6.7%
Invesco India Ultra Short Term Fund Regular Growth Moderate Risk	0.8%	0.0%	₹1314.75 Cr	6.5%
SBI Magnum Ultra Short Duration Fund Regular Growth Moderate Risk	0.6%	0.0%	₹14031.67 Cr	6.7%
Bank of India Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹174.45 Cr	6.2%
HDFC Ultra Short Term Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹18183.24 Cr	6.7%
HDFC Ultra Short Term Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹18183.24 Cr	7.0%
Mahindra Manulife Ultra Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹216.35 Cr	6.9%
Mahindra Manulife Ultra Short Duration Fund Regular Growth Moderate Risk	0.7%	0.0%	₹216.35 Cr	6.5%
Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk	1.1%	0.0%	₹10488.47 Cr	6.6%
UTI Ultra Short Term Fund Regular Growth Moderate Risk	1.0%	0.0%	₹3879.04 Cr	6.4%
LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹230.34 Cr	6.1%
LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹230.34 Cr	6.8%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹796.71 Cr	6.9%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk	0.5%	0.0%	₹796.71 Cr	6.7%

About the AMC

ITI Mutual Fund

022-66214999

https://www.itimf.com/

Total AUM

₹11,170 Cr

Address

Mumbai, 400013

Other Funds by ITI Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
ITI Business Cycle Fund Direct Growth Very High Risk	-	0.0%	-	-
Diviniti Equity Long Short Fund Direct Growth Very High Risk	0.9%	0.0%	₹345.40 Cr	-
ITI Bharat Consumption Fund Direct Growth Very High Risk	0.8%	0.0%	₹347.80 Cr	6.7%
ITI Large & Mid Cap Fund Direct Growth Very High Risk	0.4%	0.0%	₹753.49 Cr	4.4%
ITI Focused Equity Fund Direct Growth Very High Risk	0.6%	0.0%	₹559.76 Cr	16.9%
ITI Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹56.85 Cr	6.3%
ITI Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹213.63 Cr	6.8%
ITI Multi Cap Fund Direct Growth Very High Risk	0.3%	0.0%	₹1296.52 Cr	14.0%
ITI Value Fund Direct Growth Very High Risk	0.6%	0.0%	₹343.04 Cr	11.2%
ITI Conservative Hybrid Fund Direct Growth Moderate Risk	0.2%	0.0%	₹14.80 Cr	8.9%
ITI Dynamic Bond Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹31.96 Cr	4.5%
ITI Balanced Advantage Fund Direct Growth Moderately High risk	0.7%	0.0%	₹381.39 Cr	5.8%
ITI Small Cap Fund Direct Growth Very High Risk	0.4%	0.0%	₹2672.67 Cr	8.3%
ITI Large Cap Fund Direct Growth Very High Risk	0.5%	0.0%	₹510.08 Cr	5.7%
ITI Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹37.36 Cr	6.9%
ITI Banking and Financial Services Fund Direct Growth Very High Risk	0.4%	0.0%	₹363.50 Cr	18.9%
ITI Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹53.60 Cr	7.1%
ITI Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹16.04 Cr	5.3%
ITI Mid Cap Fund Direct Growth Very High Risk	0.3%	0.0%	₹1301.24 Cr	14.9%
ITI Long Term Equity Fund Direct Growth Very High Risk	0.6%	0.0%	₹413.11 Cr	5.1%
ITI Pharma and Healthcare Fund Direct Growth Very High Risk	0.5%	0.0%	₹210.46 Cr	5.5%
ITI Flexi Cap Fund Direct Growth Very High Risk	0.4%	0.0%	₹1247.29 Cr	13.7%

Risk Level

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What is the current NAV of ITI Ultra Short Duration Fund Direct Growth?

The NAV of ITI Ultra Short Duration Fund Direct Growth, as of 09-Mar-2026, is ₹1333.11.

What are the returns of ITI Ultra Short Duration Fund Direct Growth?

The fund has generated 6.77% over the last 1 year and 7.17% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of ITI Ultra Short Duration Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 34.26% in bonds, and 65.74% in cash and cash equivalents.

Who manages the ITI Ultra Short Duration Fund Direct Growth?

The fund managers responsible for ITI Ultra Short Duration Fund Direct Growth are:-

Laukik Bagwe

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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ITI Ultra Short Duration Fund Direct Growth

Fund Overview