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Navi Ultra Short Term Fund IDCW Monthly+0.01%

2.13%
1 Year Return
Debt
Ultra Short Duration
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Navi Ultra Short Term Fund IDCW Monthly

RiskModerate
Min SIP Amount₹500
Expense Ratio1.60%
NAV₹1007.15 (18 Jun 2021)
Fund Started14 Jun 2010
Fund Size29 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
2.1%
4.9%
5.5%
7.6%
Category Average
4.4%
5.4%
6.0%
-
Rank Within Category
26
13
11
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 2.1% returns per annum

Comparison

Data not available
Pros
1. Exit load is zero
2. Age is more than 10 years
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 1.6%
3. 1Y Returns are lower than the category average returns
4. 3Y Returns are lower than the category average returns
5. 5Y Returns are lower than the category average returns
6. 10Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Reserve Bank of IndiaFinancialT-Bills19.6%
Bandhan Bank Ltd.FinancialCD11.1%
CSB Bank Ltd.FinancialCD8.9%
LIC Housing Finance Ltd.FinancialBonds8.3%
REC Ltd.FinancialBonds7.4%
L&T Finance Ltd.FinancialDebenture3.0%
REC Ltd.FinancialBonds0.8%

Fund Managers

Saravana Kumar
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Killol P Pandya
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Archit Shah
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Navi Ultra Short Term Fund IDCW Monthly Details

Navi Ultra Short Term Fund IDCW Monthly is a Debt Mutual Fund Scheme launched by Navi Mutual Fund. This scheme was made available to investors on 14 Jun 2010. Killol Pandya is the Current Fund Manager of Navi Ultra Short Term Fund IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹29 Cr and the Latest NAV as of 18 Jun 2021 is ₹1007.15.

The Navi Ultra Short Term Fund IDCW Monthly is rated 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.

Scheme Information Document(SID)

₹1000
Min for First Investment
₹100
Min for Second Investment
Nil
Exit Load

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About Navi Mutual Fund

Address
Salarpuria Business Center, 5th Block, Koramangala, Bengaluru, Karnataka 560034
Phone
18001038999
Launch Date
04 Dec 2009
Website
NA
Navi 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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