|Min SIP Amount||Not Supported|
|NAV||₹1005.00 (20 Nov 2020)|
|Fund Started||19 Feb 2010|
|Fund Size||₹29 Cr|
Navi Ultra Short Term Fund IDCW Weekly is a Debt Mutual Fund Scheme launched by Navi Mutual Fund. This scheme was made available to investors on 19 Feb 2010. Saravana Kumar is the Current Fund Manager of Navi Ultra Short Term Fund IDCW Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹29 Cr and the Latest NAV as of 20 Nov 2020 is ₹1005.00.
The Navi Ultra Short Term Fund IDCW Weekly is rated Moderate risk. Minimum SIP Investment is set to 500.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.