ITI Ultra Short Term Fund Direct Growth

ITI Ultra Short Term Fund Direct Growth

+7.03%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 16 Oct '26
₹1,386.65
Min. for SIP
₹500
Fund size (AUM)
₹166.59 Cr
Expense ratio
0.21%
Rating
4

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
6 months₹30,000₹30,381
+1.27%
1 year₹60,000₹61,754
+2.92%
3 years₹1,80,000₹1,98,362
+10.20%
5 years₹3,00,000₹3,54,512
+18.17%

Holdings (26)

NameSectorInstrumentsAssets
Export Import Bank of India (14/12/2026)FinancialCommercial Paper9.48%
INDIAN BANK CD 24JUN27FinancialCertificate of Deposit8.55%
BANK OF BARODA CD 05MAR27FinancialCertificate of Deposit8.17%
Repo/CBLOUnspecifiedRepo/CBLO7.89%
ICICI SECURITIES LIMITED 111D CP 26OCT26FinancialCommercial Paper6.57%
REC Ltd SR-147 Bonds 7.95 12/03/2027FinancialBonds6.02%
91 DTB (24-DEC-2026)FinancialTreasury Bills5.93%
LIC HOUSING FINANCE LTD 328D CP 11FEB27FinancialCommercial Paper5.86%
AXIS BANK LIMITED CD 12FEB27FinancialCertificate of Deposit5.86%
Small Industries Dev Bank of India (18/02/2027) **FinancialCertificate of Deposit5.85%
CANARA BANK CD 04MAR27FinancialCertificate of Deposit5.83%
HDFC BANK LIMITED CD 14DEC26FinancialCertificate of Deposit3.26%
HDFC Securities Limited (24/12/2026)FinancialCommercial Paper3.25%
LIC HOUSING FINANCE LIMITED TR 417 OPT I 6.40 LOA 30NV26 FVRS10LACFinancialDebenture3.00%
REC LIMITED SR 250A 6.60 BD 30JU27 FVRS1LACFinancialDebenture2.98%
91 DTB (17-DEC-2026)FinancialTreasury Bills2.97%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 28JAN27FinancialCertificate of Deposit2.94%
PUNJAB NATIONAL BANK CD 05FEB27FinancialCertificate of Deposit2.93%
ICICI BANK LIMITED CD 08MAR27FinancialCertificate of Deposit2.92%
Union Bank of India CDFinancialCertificate of Deposit2.91%
HDFC BANK LIMITED CD 22JAN27FinancialCertificate of Deposit1.18%
BANK OF BARODA CD 11DEC26FinancialCertificate of Deposit0.59%
GOVERNMENT OF INDIA 36848 364 DAYS TBILL 25DC26 FV RS 100FinancialTreasury Bills0.59%
Others Class A2 AIFUnspecifiedAlternative Investment Fund0.40%
PUNJAB NATIONAL BANK CD 15DEC26FinancialCertificate of Deposit0.30%
Net PayablesUnspecifiedNet Payables-6.23%
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
Name1Y3Y5YAll
Fund returns+6.4%+7.0%+6.4%+6.2%
Category average (Debt Ultra Short Duration)+6.5%+7.2%+6.5%+7.2%
Rank (Debt Ultra Short Duration)271920--

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

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.

About ITI Ultra Short Term Fund Direct Growth

ITI Ultra Short Term 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 Term Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹12,560 Cr and the Latest NAV as of 16 Oct 2026 is ₹1,386.65. The ITI Ultra Short Term Fund Direct Growth is rated 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

Fund house

Rank (total assets)--
Total AUM₹12,560.29 Cr
Date of Incorporation14 May 2018
Phone022-66214999
Launch Date14 May 2018
AddressITI Asset Mangement Limited,ITI House, Building no. 36,Dr. R. K. Shirodkar Marg, Parel, Mumbai 400012
CustodianDeutsche Bank
Registrar & Transfer AgentKFin Tech
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,