UTI Ultra Short Term Fund Direct Growth
DebtUltra Short DurationModerate Risk
Direct
NAV (17-May-24)
₹4178.240.02%1D
Returns (Since Inception)
7.44%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹2,349 Cr
Expense Ratio
0.43%
ISIN
INF789F01TI1
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
UTI Ultra Short Term Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by UTI Mutual Fund. This fund has been in existence for 11 years, 4 months and 17 days, having been launched on 01-Jan-13.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹4178.24, Assets Under Management (AUM) of 2349.32 Crores, and an expense ratio of 0.43%.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹4178.24, Assets Under Management (AUM) of 2349.32 Crores, and an expense ratio of 0.43%.
- UTI Ultra Short Term Fund Direct Growth has given a CAGR return of 7.44% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 38.52% in debts, and 61.26% in cash & cash equivalents.
- You can start investing in UTI Ultra Short Term Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
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
+7.51%
+6.12% (Cat Avg.)
3 Years
+6.78%
+5.13% (Cat Avg.)
5 Years
+5.70%
+4.99% (Cat Avg.)
10 Years
+7.07%
+5.56% (Cat Avg.)
Since Inception
+7.44%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Debt | ₹905.07 Cr | 38.52% |
| Others | ₹1,444.26 Cr | 61.48% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Current Assets | Cash | ₹307.4 Cr | 13.08% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹99.15 Cr | 4.22% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹70.44 Cr | 3.00% |
| Ongc Petro Additions Limited | Bond - Corporate Bond | ₹50.09 Cr | 2.13% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹49.88 Cr | 2.12% |
| Piramal Capital & Housing Finance Ltd. | Cash - Commercial Paper | ₹49.66 Cr | 2.11% |
| Mindspace Business Park Reit | Cash - Commercial Paper | ₹49.64 Cr | 2.11% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹49.5 Cr | 2.11% |
| Nuvama Wealth And Investments Limited | Cash - Commercial Paper | ₹49.34 Cr | 2.10% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹48.72 Cr | 2.07% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹47.84 Cr | 2.04% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹47.72 Cr | 2.03% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹47.41 Cr | 2.02% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹47.32 Cr | 2.01% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹47.22 Cr | 2.01% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹46.98 Cr | 2.00% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹46.9 Cr | 2.00% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹46.86 Cr | 1.99% |
| Jamnagar Utilities & Power Private Limited | Bond - Corporate Bond | ₹40.17 Cr | 1.71% |
| Aditya Birla Fashion And Retail Limited | Bond - Corporate Bond | ₹39.63 Cr | 1.69% |
| Torrent Power Limited | Bond - Corporate Bond | ₹34.57 Cr | 1.47% |
| Axis Finance Limited | Bond - Corporate Bond | ₹28.76 Cr | 1.22% |
| India Grid TRust | Bond - Corporate Bond | ₹25.1 Cr | 1.07% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹25.1 Cr | 1.07% |
| Motilal Oswal Finvest Limited | Bond - Corporate Bond | ₹25.02 Cr | 1.06% |
| Godrej Industries | Bond - Corporate Bond | ₹25 Cr | 1.06% |
| Nirma Limited | Bond - Corporate Bond | ₹25 Cr | 1.06% |
| Mindspace Business Parks Reit | Bond - Corporate Bond | ₹24.99 Cr | 1.06% |
| Gic Housing Finance Limited | Bond - Corporate Bond | ₹24.99 Cr | 1.06% |
| Motilal Oswal Finvest Limited | Cash - Commercial Paper | ₹24.99 Cr | 1.06% |
| Edelweiss Broking Limited | Cash - Commercial Paper | ₹24.96 Cr | 1.06% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹24.94 Cr | 1.06% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹24.93 Cr | 1.06% |
| Tata Realty And Infrastructure Limited | Bond - Corporate Bond | ₹24.92 Cr | 1.06% |
| National Housing Bank | Bond - Corporate Bond | ₹24.89 Cr | 1.06% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹24.89 Cr | 1.06% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.87 Cr | 1.06% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.87 Cr | 1.06% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹24.86 Cr | 1.06% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹24.83 Cr | 1.06% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹24.8 Cr | 1.06% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹24.79 Cr | 1.06% |
| TATA Projects Limited | Bond - Corporate Bond | ₹24.76 Cr | 1.05% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹24.73 Cr | 1.05% |
| DMI Finance Private Limited | Cash - Commercial Paper | ₹24.66 Cr | 1.05% |
| L&T Metro Rail (Hyderabad) Limited | Bond - Corporate Bond | ₹24.62 Cr | 1.05% |
| 182 DTB 26102024 | Bond - Gov't/Treasury | ₹24.57 Cr | 1.05% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.38 Cr | 1.04% |
| Motilal Oswal Financial Services Limited | Cash - Commercial Paper | ₹24.36 Cr | 1.04% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹23.93 Cr | 1.02% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.75 Cr | 1.01% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹23.74 Cr | 1.01% |
| Canara Bank | Cash - CD/Time Deposit | ₹23.7 Cr | 1.01% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹23.67 Cr | 1.01% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹23.61 Cr | 1.00% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹23.59 Cr | 1.00% |
| Avanse Financial Services Limited | Bond - Corporate Bond | ₹20 Cr | 0.85% |
| JM Financial Services Limited | Cash - Commercial Paper | ₹16.45 Cr | 0.70% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹14.88 Cr | 0.63% |
| Torrent Power Limited | Bond - Corporate Bond | ₹14.8 Cr | 0.63% |
| 360 One Prime Limited | Bond - Corporate Bond | ₹13.54 Cr | 0.58% |
| Can Fin Homes Limited | Bond - Corporate Bond | ₹12.85 Cr | 0.55% |
| Reliance Industries Limited | Bond - Corporate Bond | ₹11.02 Cr | 0.47% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹10.05 Cr | 0.43% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹9.99 Cr | 0.43% |
| Tata Projects Limited | Cash - Commercial Paper | ₹9.97 Cr | 0.42% |
| G R Infraprojects Limited | Bond - Corporate Bond | ₹8.9 Cr | 0.38% |
| Godrej Industries Limited | Bond - Corporate Bond | ₹6.92 Cr | 0.29% |
| CORPORATE DEBT MARKET DEVT FUND - A2 UNITS | Mutual Fund - Open End | ₹5.12 Cr | 0.22% |
| Reliance Industries Limited | Bond - Corporate Bond | ₹5.04 Cr | 0.21% |
| 360 One Prime Limited | Bond - Corporate Bond | ₹4 Cr | 0.17% |
| TATA Motors Limited | Bond - Corporate Bond | ₹2.93 Cr | 0.12% |
| Clearing Corporation Of India Ltd. Std - Margin | Cash - Repurchase Agreement | ₹0.88 Cr | 0.04% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹1,036.34 Cr | 44.11% |
| Cash - CD/Time Deposit | ₹651.17 Cr | 27.72% |
| Cash - Commercial Paper | ₹323.85 Cr | 13.78% |
| Cash | ₹307.4 Cr | 13.08% |
| Bond - Gov't/Treasury | ₹24.57 Cr | 1.05% |
| Mutual Fund - Open End | ₹5.12 Cr | 0.22% |
| Cash - Repurchase Agreement | ₹0.88 Cr | 0.04% |
Risk & Performance Ratios
Standard Deviation
This fund
1.49%
Cat. avg.
0.73%
Lower the better
Sharpe Ratio
This fund
0.74
Cat. avg.
-0.83
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.13
Higher the better
Fund Managers
RN
Ritesh Nambiar
Since July 2015
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF789F01TI1 | Expense Ratio | 0.43% | Exit Load | No Charges | Fund Size | ₹2,349 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY Ultra Short Duration Debt 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% | ₹240.88 Cr | 6.6% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹525.85 Cr | 6.5% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1259.19 Cr | 7.3% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1259.19 Cr | 7.5% |
| LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹284.82 Cr | 6.9% |
| LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹284.82 Cr | 6.3% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹2349.32 Cr | 6.9% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹5653.60 Cr | 6.9% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹220.10 Cr | 7.1% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹220.10 Cr | 7.5% |
About the AMC
Total AUM
₹2,73,084 Cr
Address
UTI Towers, Gn Block, Mumbai, 400 051
Other Funds by UTI Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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What is the current NAV of UTI Ultra Short Term Fund Direct Growth?
The NAV of UTI Ultra Short Term Fund Direct Growth, as of 17-May-2024, is ₹4178.24.
What are the returns of UTI Ultra Short Term Fund Direct Growth?
The fund has generated 7.51% over the last 1 year and 6.78% 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 UTI Ultra Short Term Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 38.52% in bonds, and 61.26% in cash and cash equivalents.
Who manages the UTI Ultra Short Term Fund Direct Growth?
The fund managers responsible for UTI Ultra Short Term Fund Direct Growth are:-
- Ritesh Nambiar
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.