3 Year return

6.9%
Launched on January 2013 (11 years)

Investment Details

₹500

Minimum SIP Amount

₹500

Minimum one time investment

Fund has no lock-in period

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Risk Involved

Moderate Risk

Your principal will be at

Moderate Risk

Scheme Information

Asset Under Management

₹2514.62 Cr.

Expense Ratio

0.43% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
2.5

Ratings by other agencies

5
2
4

Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings

Holdings

UTI Mutual Fund Managers

RN

Ritesh Nambiar

Fund Manager since Jul 2012

View Details

Fund House Details

UTI Mutual Fund

UTI Mutual Fund Asset management company

AUM ₹290,993.03 Cr.
No. of Schemes 250
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by UTI Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
19.53%
scheme logo

Hybrid . Aggressive Hybrid Fund

UTI Aggressive Hybrid Fund Direct Plan Growth

19.53%
6.28%

About UTI Ultra Short Term Fund Direct Plan Growth

UTI Ultra Short Term Fund Direct Growth, offered by UTI Mutual Fund, presents a strategic investment opportunity. As an accrual-oriented income fund, it embraces a diversified portfolio encompassing debt and money market instruments. It positions itself advantageously to seize yield fluctuations at the shorter end of the yield curve. This is achieved by meticulously managing its portfolio duration, which typically ranges from 3 to 6 months. Furthermore, the fund places significant emphasis on upholding a high degree of liquidity, thereby allowing for quick and efficient adjustments in response to market dynamics.

Investment Objective of the Scheme

UTI Ultra Short Term Fund Direct Plan Growth seeks to strike a harmonious balance between generating reasonable income and minimising volatility. This is accomplished through strategic investments in a well-structured portfolio composed of debt and money market instruments. The fund aims to cater to investors who are inclined towards stable returns while maintaining a cautious approach to risk management.

Key Features of The Fund

5-year return 6.46%
Expense Ratio 0.43%
Fund Manager Ritesh Nambiar
Fund Size ₹2514.62 Cr
Risk Profile Moderate

Is This Scheme Right for Me?

This scheme holds appeal for a diverse set of investors. Those in search of reasonable returns coupled with liquidity in the short term would find UTI Ultra Short Term Fund Direct Plan Growth intriguing. It particularly suits conservative investors with a horizon of 3 months and beyond. Moreover, individuals exploring alternatives to traditional fixed-income avenues like bank deposits and bonds would find this fund aligning with their objectives. As with any investment decision, potential investors are encouraged to carefully evaluate their financial goals and consult with financial advisors to ensure that the scheme aligns with their unique circumstances.

AMC Contact Details

Name UTI Mutual Fund
Launch Date January 2003
Addresss First Floor, Unit No. 2, Block ‘B’, JVPD Scheme, Gulmohar Cross Road No. 9, Andheri (West), Mumbai – 400049.
Contact 1800 266 1230 (+91) 022 6227 8000 022 – 68990800
Email service@uti.co.in
Website https://www.utimf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Diversify Your Portfolio and Manage Risk with SIPs in Mutual Funds

Mutual funds offer diversification by pooling your money with other investors and spreading it across various companies. SIPs in mutual funds allow you to benefit from this diversification while making regular investments. Use the SIP investment calculator to estimate the potential growth of your investment over your chosen time frame.

FAQs

What is today's NAV of UTI Ultra Short Duration Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of UTI Ultra Short Duration Fund Jun 21 2024 is 4207.3754

What is the AUM of UTI Ultra Short Duration Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of UTI Ultra Short Duration Fund is 2514.62 crore.

What is the expense ratio of UTI Ultra Short Duration Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of UTI Ultra Short Duration Fund is 0.43%

What are the returns of UTI Ultra Short Duration Fund since inception?

The UTI Ultra Short Duration Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 7.43 since inception.

What is the minimum SIP amount to invest in UTI Ultra Short Duration Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for UTI Ultra Short Duration Fund is 500.

How do I invest in UTI Ultra Short Duration Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in UTI Ultra Short Duration Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in UTI Ultra Short Duration Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in UTI Ultra Short Duration Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.