Groww Logo
Home>Mutual Funds>Tata Mutual Fund>Tata Ultra Short Term Fund Direct Growth

Tata Ultra Short Term Fund Direct Growth

Debt
Ultra Short Duration
Low to Moderate Risk
5.10%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
All
NAV: 24 Jun 2022₹11.99
Min. SIP amount₹500
Rating4
Fund size₹1,394.71Cr

Returns and rankings

Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA3.9%5.1%5.5%
Category averageNA3.7%5.5%NA
Rank with in categoryNA810NA
Understand terms

Holdings (38)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills7.1%
Reserve Bank of India
FinancialT-Bills5.6%
Reserve Bank of India
FinancialT-Bills4.9%
ICICI Securities Ltd.
FinancialCP3.6%
Indian Bank
FinancialCD3.5%
HDFC Bank Ltd.
FinancialCD3.5%
Reserve Bank of India
FinancialT-Bills3.5%
Canara Bank
FinancialCD3.5%
Reserve Bank of India
FinancialT-Bills3.5%
Housing Development Finance Corpn. Ltd.FinancialCP3.5%
See All

Pros and cons

Category: Debt Ultra Short Duration

Pros

Cons

1Y annualised returns higher than category average by 0.26%
3Y annualised returns lower than category average by 0.38%
Higher alpha: 2.51 The fund has generated returns higher than benchmark - CRISIL Ultra Short Duration Fund BI Index - in the last 3Y
Exit load is zero
Lower expense ratio: 0.24%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.24%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Akhil Mittal
Jan 2019 - Present
View details

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.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
9th Floor, Mafatlal Centre,Nariman Point, Mumbai 400021
Phone
1800-209-0101
Launch Date
30 Jun 1995
Website
NA
Amc Image
Tata Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Compare funds

Tata Ultra Short Term Fund Direct Growth
VS
Add mutual fund to compare

FAQs

How to Invest in Tata Ultra Short Term Fund Direct Growth?

You can easily invest in Tata Ultra Short Term Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Tata Ultra Short Term Fund Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Tata Ultra Short Term Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Tata Ultra Short Term Fund Direct Growth provide?

The Tata Ultra Short Term Fund Direct Growth has been there from 22 Jan 2019 and the average annual returns provided by this fund is 3.91% since its inception.

How much expense ratio is charged by Tata Ultra Short Term Fund Direct Growth?

The term Expense Ratio used for Tata Ultra Short Term Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Tata Ultra Short Term Fund Direct Growth is 0.24% as of 25 Jun 2022...

What is the AUM of Tata Ultra Short Term Fund Direct Growth?

The AUM, short for Assets Under Management of Tata Ultra Short Term Fund Direct Growth is ₹1,394.71Cr as of 25 Jun 2022.

How to Redeem Tata Ultra Short Term Fund Direct Growth?

If you want to sell your Tata Ultra Short Term Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Tata Ultra Short Term Fund Direct Growth?

You can select either SIP or Lumpsum investment of Tata Ultra Short Term Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Tata Ultra Short Term Fund Direct Growth?

The NAV of Tata Ultra Short Term Fund Direct Growth is ₹11.99 as of 24 Jun 2022.

What is the PE and PB ratio of Tata Ultra Short Term Fund Direct Growth?

The PE ratio ratio of Tata Ultra Short Term Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Loading...
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 3.1.0
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI