How to Invest in ITI Ultra Short Duration Fund Direct Growth?

You can easily invest in ITI Ultra Short Duration Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for ITI Ultra Short Duration Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in ITI Ultra Short Duration Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does ITI Ultra Short Duration Fund Direct Growth provide?

The ITI Ultra Short Duration Fund Direct Growth has been there from 05 May 2021 and the average annual returns provided by this fund is 6.82% since its inception.

How much expense ratio is charged by ITI Ultra Short Duration Fund Direct Growth?

The term Expense Ratio used for ITI Ultra Short Duration Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of ITI Ultra Short Duration Fund Direct Growth is 0.13% as of 19 Jan 2026...

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

The AUM, short for Assets Under Management of ITI Ultra Short Duration Fund Direct Growth is ₹142.79Cr as of 19 Jan 2026.

How to Redeem ITI Ultra Short Duration Fund Direct Growth?

If you want to sell your ITI Ultra Short Duration Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of ITI Ultra Short Duration Fund Direct Growth?

You can select either SIP or Lumpsum investment of ITI Ultra Short Duration Fund Direct Growth based on your investment objective and risk tolerance.

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

The NAV of ITI Ultra Short Duration Fund Direct Growth is ₹1,321.64 as of 16 Jan 2026.

What is the PE and PB ratio of ITI Ultra Short Duration Fund Direct Growth?

The PE ratio ratio of ITI Ultra Short Duration Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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ITI Ultra Short Duration Fund Direct Growth

Name: ITI Ultra Short Duration Fund Direct Growth
Brand: ITI Mutual Fund

Debt

Ultra Short Duration

Low to Moderate Risk

+7.16%

3Y annualised

+0.02% 1D

All

NAV: 16 Jan '26

₹1,321.64

Min. SIP amount

₹500

Fund size

₹142.79 Cr

Expense ratio

0.13%

Return calculator

Monthly SIP

One time

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Historic returns	Returns
1 year	₹60,000	₹61,878		+3.13%
3 years	₹1,80,000	₹1,99,710		+10.95%

Holdings (21)

Name	Sector	Instruments	Assets
Power Finance Corporation Ltd.	Financial	Debenture	10.52%
LIC Housing Finance Ltd.	Financial	Debenture	7.04%
National Housing Bank	Financial	Debenture	7.03%
Mahindra & Mahindra Financial Services Ltd.	Financial	Debenture	7.03%
Canara Bank	Financial	CD	6.92%
HDFC Bank Ltd.	Financial	CD	5.57%
Reserve Bank of India	Financial	T-Bills	4.87%
Fedbank Financial Services Ltd.	Financial	CP	4.85%
Reserve Bank of India	Financial	T-Bills	4.84%
Ultratech Cement Ltd.	Construction	Bonds	3.52%
National Housing Bank	Financial	NCD	3.51%
Bajaj Finance Ltd.	Financial	Debenture	3.51%
LIC Housing Finance Ltd.	Financial	Debenture	3.49%
Axis Bank Ltd.	Financial	CD	3.42%
NTPC Ltd.	Energy	Debenture	3.17%
Bank of India	Financial	CD	2.77%
HDB Financial Services Ltd.	Financial	NCD	1.76%
HDFC Securities Ltd.	Financial	CP	1.73%
Export-Import Bank Of India	Financial	CD	1.38%
Export-Import Bank Of India	Financial	CD	0.69%
Axis Bank Ltd.	Financial	CD	0.35%

See All

Minimum investments

Min. for 1st investment

₹5,000

Min. for 2nd investment

₹1,000

Min. for SIP

₹500

Returns and rankings

Annualised returns

Absolute returns

Name	6M	1Y	3Y	All
Fund returns	+2.9%	+6.8%	+7.2%	+6.1%
Category average (Debt Ultra Short Duration)	+2.9%	+6.7%	+6.8%	--
Rank (Debt Ultra Short Duration)	--	23	19	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	Tata Ultra Short Term Fund Direct Growth	+7.31%	+7.52%	4,560.56
	Mirae Asset Ultra Short Duration Fund Direct Growth	+7.19%	+7.49%	2,067.19
	Invesco India Ultra Short Duration Fund Direct Growth	+7.14%	+7.40%	1,233.91
	Mahindra Manulife Ultra Short Duration Fund Direct Growth	+7.03%	+7.38%	218.94
	PGIM India Ultra Short Duration Direct Growth	+6.84%	+7.21%	174.71
Compare

Fund management

LB
Laukik Bagwe
Feb 2025 - Present
View details

Education

Mr. Bagwe is a B.Com (H) and PGDBA (Finance)

Experience

Prior to joining ITI Mutual fund he has worked with DSP Mutual Fund, Derivium Capital and Securities Pvt. Ltd. and with Birla Sun Life Securities Ltd.

Also manages these schemes

ITI Liquid Fund Direct Growth

ITI Balanced Advantage Fund Direct Growth

ITI Ultra Short Duration Fund Direct Growth

ITI Overnight Fund Direct Growth

ITI Banking & PSU Debt Fund Direct Growth

ITI Dynamic Bond Fund Direct Growth

ITI Arbitrage Fund Direct Growth

About ITI Ultra Short Duration Fund Direct Growth

ITI Ultra Short Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by ITI Mutual Fund. This scheme was made available to investors on 14 May 2018. Laukik Bagwe is the Current Fund Manager of ITI Ultra Short Duration Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹11,273 Cr and the Latest NAV as of 16 Jan 2026 is ₹1,321.64. The ITI Ultra Short Duration Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. ;

Investment Objective

The scheme seeks to generate regular income and capital appreciation through investment in a portfolio of short term debt & money market instruments such that the Macaulay duration of the portfolio is between 3 - 6 months.

Fund benchmarkCRISIL Ultra Short Duration Debt A-I Index

Scheme Information Document(SID)