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Tata Ultra Short Term Fund Direct Growth+0.01%

5.52%
1 Year Return
Debt
Ultra Short Duration
3.0star
6M
1Y
All

Fund Details

Tata Ultra Short Term Fund Direct Growth

RiskModerate
Min SIP Amount₹500
Expense Ratio0.23%
NAV₹11.35 (15 Jan 2021)
Fund Started21 Jan 2019
Fund Size519 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
5.5%
-
-
6.6%
Category Average
5.0%
5.8%
6.4%
-
Rank Within Category
13
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Would have become
0
with 5.5% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.48%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years

Top Holdings

NameSectorInstrument% Assets
IDFC First Bank Ltd.FinancialCD6.7%
Reserve Bank of IndiaFinancialT-Bills6.7%
Export-Import Bank Of IndiaFinancialCD6.6%
Indusind Bank Ltd.FinancialCD6.6%
Axis Bank Ltd.FinancialCD6.5%
Housing Development Finance Corpn. Ltd.FinancialDebenture5.5%
Aditya Birla Money Ltd.FinancialCP5.3%
L&T Infrastructure Finance Co. Ltd.FinancialCP5.3%
Tata Teleservices (Maharashtra) Ltd.CommunicationCP4.0%
Tata Motors Finance Ltd.FinancialCP3.9%
See All

Fund Managers

Akhil Mittal
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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 ₹519 Cr and the Latest NAV as of 15 Jan 2021 is ₹11.35.

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Nil
Exit Load

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About Tata Mutual Fund

Address
Mafatlal Centre, 9th Floor, Nariman Point Mumbai 400021
Phone
022 6657 8282
Launch Date
30 Jun 1995
Website
NA
Tata Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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