Tata Ultra Short Term Fund Direct Growth+0.01%

5.99%
1 Year Return
Debt
Ultra Short Duration
3.0star
6M
1Y
All

Fund Details

Tata Ultra Short Term Fund Direct Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.48%
NAV11.26 (28 Oct 2020)
Fund Started21 Jan 2019
Fund Size211 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Tata Ultra Short Term Fund Direct Growth
6.0%
NA
NA
6.9%
Category Average
5.6%
6.0%
6.5%
-
Rank within category
15
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 6.0% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.48%
    2. Exit load is zero
    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
    Reserve Bank of IndiaFinancialT-Bills11.7%
    Chhattisgarh StateOthersSDL7.1%
    Tata Teleservices (Maharashtra) Ltd.CommunicationCP7.0%
    Tata Motors Finance Ltd.FinancialCP6.7%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture4.9%
    REC Ltd.FinancialDebenture4.9%
    Bharti Telecom Ltd.CommunicationDebenture4.8%
    Maharashtra StateOthersSDL4.8%
    Reliance Jio Infocomm Ltd.CommunicationCP4.7%
    Housing Development Finance Corpn. Ltd.FinancialCP4.7%
    See All

    Fund Managers

    addAkhil Mittal
    Education
    Mr. Mittal is B.Com (H) and MBA from University Business School.
    Experience
    Prior to joining Tata AMC, he has worked with Canara Robeco AMC, Principal Asset Management Company, Edelweiss Securities Ltd. and Rallis India Ltd.
    Funds Managed

    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 ₹211 Cr and the Latest NAV as of 28 Oct 2020 is ₹11.26.

    The Tata Ultra Short Term Fund Direct Growth is rated Moderately Low 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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