Fund Details
Tata Ultra Short Term Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.30% |
| NAV | ₹11.53 (15 Jun 2021) |
|---|---|
| Fund Started | 21 Jan 2019 |
| Fund Size | ₹1,029 Cr |
Returns
Comparison
1. Lower expense ratio - 0.3%
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
1. Age is less than 3 years
2. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 9.8% |
| National Thermal Power Corp. Ltd. | Energy | CP | 6.6% |
| National Bank For Agriculture & Rural Development | Financial | CP | 6.6% |
| IDFC First Bank Ltd. | Financial | CD | 6.4% |
| National Highways Authority of India Ltd. | Services | NCD | 5.4% |
| REC Ltd. | Financial | NCD | 3.4% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 3.4% |
| REC Ltd. | Financial | Debenture | 3.4% |
| Can Fin Homes Ltd. | Financial | CP | 3.3% |
| Indusind Bank Ltd. | Financial | CD | 3.3% |
Fund Managers
Tata Ultra Short Term Fund Direct Growth Details
Tata Ultra Short Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 21 Jan 2019. Akhil Mittal is the Current Fund Manager of Tata Ultra Short Term Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,029 Cr and the Latest NAV as of 15 Jun 2021 is ₹11.53.
The Tata Ultra Short Term Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
Investment Objective
The scheme seeks to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.
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.
