Dezerv

Fund Overview

Fund Size

Fund Size

₹2,669 Cr

Expense Ratio

Expense Ratio

0.31%

ISIN

ISIN

INF277K011T0

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

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 and 3 months, having been launched on 23-Jan-19.
As of 22-Apr-24, it has a Net Asset Value (NAV) of ₹13.61, Assets Under Management (AUM) of 2668.86 Crores, and an expense ratio of 0.31%.
  • Tata Ultra Short Term Fund Direct Growth has given a CAGR return of 6.04% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 37.69% in debts, and 62.08% 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%

+6.27%(Cat. Avg.)

3 Years

+5.87%

+5.12%(Cat. Avg.)

5 Years

+5.93%

+4.99%(Cat. Avg.)

Since Inception

+6.04%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Debt1,005.84 Cr37.69%
Others1,663.02 Cr62.31%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LimitedCash - CD/Time Deposit148.35 Cr5.56%
(C) TrepsCash - Repurchase Agreement125 Cr4.68%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit119.2 Cr4.47%
Canara BankCash - CD/Time Deposit98.96 Cr3.71%
182 DTB 13062024Bond - Gov't/Treasury98.95 Cr3.71%
Canara BankBond - Gov't Agency Debt98.66 Cr3.70%
HDFC Bank LimitedCash - CD/Time Deposit95.45 Cr3.58%
Reliance Industries LimitedBond - Corporate Bond90.89 Cr3.41%
Hdb Financial Services LimitedBond - Corporate Bond89.57 Cr3.36%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit70.71 Cr2.65%
Canara BankBond - Gov't Agency Debt70.16 Cr2.63%
Yarrow Infrastructure Private LimitedBond - Corporate Bond69.03 Cr2.59%
Indinfravit TrustBond - Corporate Bond68.35 Cr2.56%
Rural Electrification Corporation LimitedBond - Corporate Bond50.24 Cr1.88%
Motilal Oswal Finvest LimitedBond - Corporate Bond50.06 Cr1.88%
7.35% Govt Stock 2024Bond - Gov't/Treasury50.03 Cr1.87%
Larsen And Toubro LimitedBond - Corporate Bond49.89 Cr1.87%
Power Finance Corporation Ltd.Bond - Corporate Bond49.89 Cr1.87%
Mahindra Rural Housing Finance LimitedBond - Corporate Bond49.79 Cr1.87%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit49.6 Cr1.86%
Hero Housing Finance Ltd.Cash - Commercial Paper49.59 Cr1.86%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit49.58 Cr1.86%
SBI Global Factors Ltd.Cash - Commercial Paper49.58 Cr1.86%
ICICI Home Finance Company LimitedBond - Corporate Bond49.57 Cr1.86%
05.77 GJ Sdl 2025 02 FebBond - Gov't/Treasury49.48 Cr1.85%
Julius Baer Capital (India) Private LimitedCash - Commercial Paper49.47 Cr1.85%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit49.38 Cr1.85%
Network18 Media & Investments LimitedCash - Commercial Paper49.31 Cr1.85%
Standard Chartered Investments And Loans (India) LimitedCash - Commercial Paper48.62 Cr1.82%
India (Republic of)Bond - Short-term Government Bills48.62 Cr1.82%
Au Small Finance Bank LimitedCash - CD/Time Deposit48.59 Cr1.82%
Axis Bank LimitedCash - CD/Time Deposit48.5 Cr1.82%
Shriram Housing Finance LimitedCash - Commercial Paper47.26 Cr1.77%
Dbs Bank India LimitedCash - CD/Time Deposit46.84 Cr1.75%
PNb Housing Finance LimitedBond - Corporate Bond25.08 Cr0.94%
Shriram Transport Finance Company LimitedBond - Corporate Bond25.04 Cr0.94%
Sundaram Home Finance LimitedBond - Corporate Bond25.04 Cr0.94%
Sundaram Bnp Paribas Home Finance LimitedBond - Corporate Bond25 Cr0.94%
Tata Realty And Infrastructure LimitedBond - Corporate Bond24.98 Cr0.94%
Tata Realty And Infrastructure LimitedBond - Corporate Bond24.9 Cr0.93%
JM Financial Services LimitedBond - Corporate Bond24.7 Cr0.93%
182 DTB 11072024Bond - Gov't/Treasury24.6 Cr0.92%
Axis Bank LimitedCash - CD/Time Deposit24.24 Cr0.91%
Standard Chartered Capital LimitedCash - Commercial Paper23.83 Cr0.89%
Pilani Investment And Industries Corporation Ltd.Cash - Commercial Paper23.54 Cr0.88%
Barclays Investments & Loans (India) Private LimitedCash - Commercial Paper23.49 Cr0.88%
Standard Chartered Securities IndiaCash - Commercial Paper23.29 Cr0.87%
Bharti Telecom LimitedBond - Corporate Bond19.99 Cr0.75%
Cholamandalam Investment And Finance Company LimitedBond - Corporate Bond19.79 Cr0.74%
India (Republic of)Bond - Short-term Government Bills14.6 Cr0.55%
D) RepoCash - Repurchase Agreement7.73 Cr0.29%
06.69 MP Sdl 2025Bond - Gov't/Treasury4.98 Cr0.19%
SBIMF AIF - CAT II (CDMDF)27/10/2038Mutual Fund - Open End4.66 Cr0.17%
Cash / Net Current AssetCash - Collateral2.24 Cr0.08%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit849.4 Cr31.83%
Bond - Corporate Bond831.78 Cr31.17%
Cash - Commercial Paper387.97 Cr14.54%
Bond - Gov't/Treasury228.04 Cr8.54%
Bond - Gov't Agency Debt168.82 Cr6.33%
Cash - Repurchase Agreement132.73 Cr4.97%
Bond - Short-term Government Bills63.22 Cr2.37%
Mutual Fund - Open End4.66 Cr0.17%
Cash - Collateral2.24 Cr0.08%

Risk & Performance Ratios

Standard Deviation

This fund

0.52%

Cat. avg.

0.72%

Lower the better

Sharpe Ratio

This fund

1.31

Cat. avg.

-0.72

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.04

Higher the better

Fund Managers

AM

Akhil Mittal

Since January 2019

Additional Scheme Detailsas of 31st March 2024

ISININF277K011T0Expense Ratio0.31%Exit LoadNo ChargesFund Size₹2,669 CrAge23 Jan 2019Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Ultra Short Dura Debt B-I TR INR

Investment ObjectiveInvestment 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 nameExpense RatioExit LoadFund size
1Y
PGIM India Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹246.34 Cr6.7%
Canara Robeco Ultra Short Term Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹570.74 Cr6.5%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹1425.11 Cr7.3%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1425.11 Cr7.6%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹239.16 Cr6.9%
LIC MF Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹239.16 Cr6.3%
UTI Ultra Short Term Fund Regular Growth

Moderate Risk

1.0%0.0%₹2092.74 Cr7.0%
Nippon India Ultra Short Duration Fund Regular Growth

Moderate Risk

1.1%0.0%₹5526.08 Cr6.9%
Mahindra Manulife Ultra Short Duration Fund Regular Growth

Moderate Risk

0.7%0.0%₹200.31 Cr7.1%
Mahindra Manulife Ultra Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹200.31 Cr7.5%

About the AMC

Total AUM

₹1,48,598 Cr

Address

Mafatlal Centre, 9th Floor, Mumbai, 400 021

Other Funds by Tata Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Tata Silver ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹26.02 Cr-
Tata Gold ETF Fund of Fund Direct Growth

High Risk

0.1%0.0%₹49.49 Cr-
Tata Fixed Maturity Plan Series 56 Scheme G Direct Growth

Low to Moderate Risk

-0.0%--
Tata Fixed Maturity Plan Series 56 Scheme H Direct Growth

Low to Moderate Risk

-0.0%--
Tata Fixed Maturity Series E Direct Growth

Low to Moderate Risk

-0.0%--
Tata Balanced Advantage Fund Direct Growth

High Risk

0.3%1.0%₹8943.06 Cr23.8%
Tata Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹2668.86 Cr7.6%
Tata Business Cycle Fund Direct Growth

Very High Risk

0.3%1.0%₹2049.07 Cr55.0%
Tata Nifty India Digital ETF Fund of Fund Direct Growth

Very High Risk

0.1%1.0%₹48.30 Cr51.0%
Tata Nifty SDL Plus AAA PSU Bond Dec 2027 60: 40 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹845.27 Cr6.7%
Tata Floating Rate Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹221.58 Cr7.4%
Tata Small Cap Fund Direct Growth

Very High Risk

0.3%1.0%₹6236.38 Cr47.8%
Tata Large & Mid Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹6821.91 Cr35.5%
Tata Mid Cap Growth Fund Direct Growth

Very High Risk

0.8%1.0%₹3348.40 Cr56.3%
Tata Hybrid Equity Fund Direct Growth

Very High Risk

1.0%1.0%₹3688.01 Cr25.6%
Tata Ethical Fund Direct Growth

Very High Risk

0.8%0.0%₹2370.48 Cr33.2%
Tata Gilt Securities Fund Direct Growth

Moderate Risk

0.5%0.0%₹563.32 Cr7.6%
Tata Equity P/E Fund Direct Growth

Very High Risk

0.8%1.0%₹7300.73 Cr51.5%
Tata Infrastructure Fund Direct Growth

Very High Risk

1.3%0.0%₹1885.45 Cr71.4%
Tata Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2453.59 Cr7.4%
Tata Money Market Fund Direct Growth

Moderate Risk

0.1%0.0%₹17990.31 Cr7.9%
Tata Equity Savings Fund Direct Growth

Moderately High risk

0.4%0.0%₹137.57 Cr16.4%
Tata Young Citizens Fund Direct Growth

Very High Risk

2.2%1.0%₹326.46 Cr33.6%
Tata Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹19691.90 Cr7.3%
Tata Large Cap Fund Direct Growth

Very High Risk

0.1%1.0%₹2019.22 Cr35.9%
Tata Retirement Savings Moderate Fund Direct Growth

Very High Risk

0.6%1.0%₹1918.01 Cr33.9%
Tata Retirement Savings Conservative Fund Direct Growth

Moderately High risk

1.0%1.0%₹165.71 Cr15.3%
Tata Short Term Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹2324.17 Cr7.0%
Tata Retirement Savings Progressive Fund Direct Growth

Very High Risk

0.6%1.0%₹1749.88 Cr40.1%
Tata Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1095.26 Cr7.3%
Tata India Consumer Fund Direct Growth

Very High Risk

0.8%0.0%₹1895.39 Cr43.9%
Tata Digital India Fund Direct Growth

Very High Risk

0.3%0.0%₹9710.96 Cr40.9%
Tata Banking & Financial Services Fund Direct Growth

Very High Risk

0.5%0.0%₹1943.23 Cr28.9%
Tata Resources & Energy Fund Direct Growth

Very High Risk

0.8%0.0%₹520.15 Cr45.4%
Tata India Pharma & Healthcare Fund Direct Growth

Very High Risk

0.8%0.0%₹878.70 Cr52.7%
TATA Nifty G-SEC Dec 2029 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹171.57 Cr6.7%
Tata Multi Asset Opportunities Fund Direct Growth

Very High Risk

0.4%1.0%₹2605.17 Cr29.3%
Tata Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹2641.58 Cr38.5%
Tata Dividend Yield Fund Direct Growth

Very High Risk

0.5%1.0%₹828.09 Cr46.2%
Tata Housing Opportunities Fund Direct Growth

Very High Risk

0.7%1.0%₹526.11 Cr41.6%
Tata Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹10755.47 Cr8.4%
Tata Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹214.71 Cr6.8%
Tata Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹3073.60 Cr6.8%
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹215.84 Cr68.6%
Tata CRISIL IBX Gilt Index-April 2026 Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹1097.92 Cr6.7%
Tata Multicap Fund Direct Growth

Very High Risk

0.3%1.0%₹2835.84 Cr34.1%
Tata Treasury Advantage Fund Segregated Portfolio 1 Direct Growth

Low to Moderate Risk

-0.0%-154.6%
Tata Medium Term Fund Segregated Portfolio 1 Direct Growth

Moderate Risk

-1.0%-187.2%
Tata Corporate Bond Fund Segregated Portfolio 1 Direct Growth

Moderate Risk

-0.0%-116.5%
TATA Nifty G-Sec Dec 2026 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹104.90 Cr6.7%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of Tata Ultra Short Term Fund Direct Growth, as of 22-Apr-2024, is ₹13.61.
The fund has generated 7.64% over the last 1 year and 5.87% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 37.69% in bonds, and 62.08% in cash and cash equivalents.
The fund managers responsible for Tata Ultra Short Term Fund Direct Growth are:-
  1. Akhil Mittal