Tata Ultra Short Term Fund Direct Growth
DebtUltra Short DurationModerate Risk
Direct
NAV (25-Jul-24)
₹13.870.02%1D
Returns (Since Inception)
6.11%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹2,698 Cr
Expense Ratio
0.37%
ISIN
INF277K011T0
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
23 Jan 2019
About this fund
Tata Ultra Short Term Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by Tata Mutual Fund. This fund has been in existence for 5 years, 6 months and 3 days, having been launched on 23-Jan-19.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹13.87, Assets Under Management (AUM) of 2698.33 Crores, and an expense ratio of 0.37%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹13.87, Assets Under Management (AUM) of 2698.33 Crores, and an expense ratio of 0.37%.
- Tata Ultra Short Term Fund Direct Growth has given a CAGR return of 6.11% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 29.47% in debts, and 70.34% in cash & cash equivalents.
- You can start investing in Tata Ultra Short Term 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
+7.64%
+6.09% (Cat Avg.)
3 Years
+6.18%
+5.26% (Cat Avg.)
5 Years
+5.91%
+4.96% (Cat Avg.)
Since Inception
+6.11%
— (Cat Avg.)
Portfolio Summaryas of 15th July 2024
| Debt | ₹795.08 Cr | 29.47% |
| Others | ₹1,903.25 Cr | 70.53% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹169.97 Cr | 6.30% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹138.08 Cr | 5.12% |
| 182 DTB 12122024 | Bond - Gov't/Treasury | ₹97.29 Cr | 3.61% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹97.22 Cr | 3.60% |
| India (Republic of) | Bond - Short-term Government Bills | ₹82.48 Cr | 3.06% |
| India (Republic of) | Bond - Short-term Government Bills | ₹74.22 Cr | 2.75% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹71.97 Cr | 2.67% |
| Canara Bank | Bond - Gov't Agency Debt | ₹71.41 Cr | 2.65% |
| Indinfravit Trust | Bond - Corporate Bond | ₹68.08 Cr | 2.52% |
| D) Repo | Cash - Repurchase Agreement | ₹58.46 Cr | 2.17% |
| Hsbc Investdirect Financial Services (India) Limited | Cash - Commercial Paper | ₹57.15 Cr | 2.12% |
| Motilal Oswal Finvest Limited | Bond - Corporate Bond | ₹50.28 Cr | 1.86% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹50.16 Cr | 1.86% |
| Mahindra Rural Housing Finance Limited | Bond - Corporate Bond | ₹49.92 Cr | 1.85% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹49.86 Cr | 1.85% |
| ICICI Home Finance Company Limited | Bond - Corporate Bond | ₹49.79 Cr | 1.85% |
| 05.77 GJ Sdl 2025 02 Feb | Bond - Gov't/Treasury | ₹49.68 Cr | 1.84% |
| Standard Chartered Investments And Loans (India) Limited | Cash - Commercial Paper | ₹49.63 Cr | 1.84% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹49.52 Cr | 1.84% |
| Julius Baer Capital (India) Private Limited | Cash - Commercial Paper | ₹49.38 Cr | 1.83% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹49.26 Cr | 1.83% |
| Shriram Housing Finance Limited | Cash - Commercial Paper | ₹48.25 Cr | 1.79% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹48.24 Cr | 1.79% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹48 Cr | 1.78% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹47.8 Cr | 1.77% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹47.79 Cr | 1.77% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹47.77 Cr | 1.77% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹47.73 Cr | 1.77% |
| Dbs Bank India Limited | Cash - CD/Time Deposit | ₹47.71 Cr | 1.77% |
| Canara Bank | Cash - CD/Time Deposit | ₹47.69 Cr | 1.77% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹47.45 Cr | 1.76% |
| Pilani Investment And Industries Corporation Ltd. | Cash - Commercial Paper | ₹47.33 Cr | 1.75% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹46.46 Cr | 1.72% |
| Piramal Capital & Housing Finance Ltd. | Cash - Commercial Paper | ₹39.45 Cr | 1.46% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹35.16 Cr | 1.30% |
| 05.52 AP Sdl 2024 | Bond - Gov't/Treasury | ₹29.94 Cr | 1.11% |
| PNb Housing Finance Limited | Bond - Corporate Bond | ₹25.09 Cr | 0.93% |
| Larsen And Toubro Limited | Bond - Corporate Bond | ₹24.99 Cr | 0.93% |
| Sundaram Bnp Paribas Home Finance Limited | Bond - Corporate Bond | ₹24.98 Cr | 0.93% |
| Godrej Properties Limited | Bond - Corporate Bond | ₹24.91 Cr | 0.92% |
| JM Financial Services Limited | Bond - Corporate Bond | ₹24.77 Cr | 0.92% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.76 Cr | 0.92% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.72 Cr | 0.92% |
| Bajaj Finance Limited | Cash - Commercial Paper | ₹24.71 Cr | 0.92% |
| Tata Realty And Infrastructure Limited | Cash - Commercial Paper | ₹24.46 Cr | 0.91% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹24.33 Cr | 0.90% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹24.33 Cr | 0.90% |
| Hinduja Leyland Finance Limited | Cash - Commercial Paper | ₹24.31 Cr | 0.90% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.09 Cr | 0.89% |
| Equitas Small Finance Bank Limited | Cash - CD/Time Deposit | ₹24.02 Cr | 0.89% |
| Pilani Investment And Industries Corporation Ltd. | Cash - Commercial Paper | ₹24.01 Cr | 0.89% |
| Barclays Investments & Loans (India) Private Limited | Cash - Commercial Paper | ₹23.98 Cr | 0.89% |
| National Bank for Agriculture and Rural Development | Cash - CD/Time Deposit | ₹23.96 Cr | 0.89% |
| Shriram Transport Finance Company Limited | Cash - Commercial Paper | ₹23.86 Cr | 0.88% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹23.85 Cr | 0.88% |
| Standard Chartered Securities India | Cash - Commercial Paper | ₹23.76 Cr | 0.88% |
| Standard Chartered Securities India | Cash - Commercial Paper | ₹23.68 Cr | 0.88% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹14.94 Cr | 0.55% |
| SBIMF AIF - CAT II (CDMDF)27/10/2038 | Mutual Fund - Open End | ₹5.31 Cr | 0.20% |
| 06.69 MP Sdl 2025 | Bond - Gov't/Treasury | ₹4.99 Cr | 0.18% |
| (C) Treps | Cash - Repurchase Agreement | ₹4 Cr | 0.15% |
| Net Current Liabilities | Cash - Collateral | ₹-3.03 Cr | 0.11% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹940.97 Cr | 34.87% |
| Bond - Corporate Bond | ₹702.23 Cr | 26.02% |
| Cash - Commercial Paper | ₹580.39 Cr | 21.51% |
| Bond - Gov't/Treasury | ₹181.89 Cr | 6.74% |
| Bond - Short-term Government Bills | ₹156.7 Cr | 5.81% |
| Bond - Gov't Agency Debt | ₹71.41 Cr | 2.65% |
| Cash - Repurchase Agreement | ₹62.46 Cr | 2.31% |
| Mutual Fund - Open End | ₹5.31 Cr | 0.20% |
| Cash - Collateral | ₹-3.03 Cr | 0.11% |
Risk & Performance Ratios
Standard Deviation
This fund
0.51%
Cat. avg.
0.74%
Lower the better
Sharpe Ratio
This fund
1.41
Cat. avg.
-0.89
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.22
Higher the better
Fund Managers
AM
Akhil Mittal
Since January 2019
Additional Scheme Detailsas of 15th July 2024
ISIN | INF277K011T0 | Expense Ratio | 0.37% | Exit Load | No Charges | Fund Size | ₹2,698 Cr | Age | 23 Jan 2019 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Ultra Short Dura Debt B-I 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
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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  |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹243.56 Cr | 6.7% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹568.43 Cr | 6.5% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1535.17 Cr | 7.3% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1535.17 Cr | 7.5% |
| LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹161.02 Cr | 7.2% |
| LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹161.02 Cr | 6.5% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹2239.53 Cr | 7.0% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹7168.59 Cr | 7.0% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹239.90 Cr | 7.1% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹239.90 Cr | 7.6% |
About the AMC
Total AUM
₹1,55,659 Cr
Address
Mafatlal Centre, 9th Floor, Mumbai, 400 021
Other Funds by Tata Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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What is the current NAV of Tata Ultra Short Term Fund Direct Growth?
The NAV of Tata Ultra Short Term Fund Direct Growth, as of 25-Jul-2024, is ₹13.87.
What are the returns of Tata Ultra Short Term Fund Direct Growth?
The fund has generated 7.64% over the last 1 year and 6.18% 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 Tata Ultra Short Term Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 29.47% in bonds, and 70.34% in cash and cash equivalents.
Who manages the Tata Ultra Short Term Fund Direct Growth?
The fund managers responsible for Tata Ultra Short Term Fund Direct Growth are:-
- Akhil Mittal
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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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.