ITI Ultra Short Duration Fund Direct Growth

Debt
Ultra Short Duration
Low to Moderate Risk
0.36%
1M return
+0.04% 1D
1M
6M
1Y
All
NAV: 26 Sep 2022₹1,053.20
Min. SIP amount₹500
RatingNA
Fund size₹131.79Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Ultra Short Duration
Absolute returns
3M6M1YAll
Fund returns1.3%2.1%3.8%5.3%
Category averageNANA3.6%NA
Rank with in category111720NA
Understand terms

Holdings (13)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills15.0%
Housing & Urban Development Corporation Ltd.FinancialDebenture7.6%
Bharat Petroleum Corporation Ltd.EnergyDebenture6.2%
Power Grid Corporation of India Ltd.
EnergyBonds5.9%
GOISovereignGOI Sec4.6%
REC Ltd.FinancialNCD3.8%
Reserve Bank of India
FinancialT-Bills3.8%
Reserve Bank of India
FinancialT-Bills3.8%
Export-Import Bank Of India
FinancialBonds2.7%
NHPC Ltd.
EnergyBonds1.8%
See All

Pros and cons

Category: Debt Ultra Short Duration

Pros

Cons

Exit load is zero
Lower AUM: 131Cr. Funds with lower AUM tend to have higher expense ratio
Lower expense ratio: 0.1%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
1Y annualised returns higher than category average by 0.18%

Expense ratio, exit load and tax

Expense ratio: 0.10%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Vikrant Mehta
Apr 2021 - Present
View details

Education
Mr. Mehta is CFA and M.S.
Experience
Prior to joining ITI Mutual Fund, he has worked with Indiabulls AMC, Kotak Mahindra Mutual Fund, AIG India Liaison Office, NVS Brokerage Pvt. Ltd., JM Morgan Stanley Fixed Income Securities Pvt. Ltd. and Mata Securities India Pvt. Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
ITI Asset Mangement Limited,ITI House, Building no. 36,Dr. R. K. Shirodkar Marg, Parel, Mumbai 400012
Phone
1800-266-9603 / 022-66214999
Launch Date
14 May 2018
Website
NA
ITI Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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