Fund Details
Navi Ultra Short Term Fund Super Institutional Plan Direct Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.69% |
| NAV | ₹2333.83 (26 Jul 2021) |
|---|---|
| Fund Started | 02 Jan 2013 |
| Fund Size | ₹23 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
3. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 21.4% |
| Reserve Bank of India | Financial | T-Bills | 21.3% |
| LIC Housing Finance Ltd. | Financial | Bonds | 9.1% |
| REC Ltd. | Financial | Bonds | 8.0% |
| L&T Finance Ltd. | Financial | Debenture | 3.2% |
| REC Ltd. | Financial | Bonds | 0.9% |
Fund Managers
Navi Ultra Short Term Fund Super Institutional Plan Direct Growth Details
Navi Ultra Short Term Fund Super Institutional Plan Direct Growth is a Debt Mutual Fund Scheme launched by Navi Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Killol Pandya is the Current Fund Manager of Navi Ultra Short Term Fund Super Institutional Plan Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹23 Cr and the Latest NAV as of 26 Jul 2021 is ₹2333.83.
The Navi Ultra Short Term Fund Super Institutional Plan Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 1000.
Investment Objective
The Scheme seeks to generate a optimal return and liquidity, from a portfolio constituted of money market securities and short term debt securities which results in a portfolio having marginally higher maturity compared to a liquid fund at the same time maintaining a balance between safety and liquidity.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
