| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.48% |
| NAV | ₹11.26 (28 Oct 2020) |
|---|---|
| Fund Started | 21 Jan 2019 |
| Fund Size | ₹211 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 11.7% |
| Chhattisgarh State | Others | SDL | 7.1% |
| Tata Teleservices (Maharashtra) Ltd. | Communication | CP | 7.0% |
| Tata Motors Finance Ltd. | Financial | CP | 6.7% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 4.9% |
| REC Ltd. | Financial | Debenture | 4.9% |
| Bharti Telecom Ltd. | Communication | Debenture | 4.8% |
| Maharashtra State | Others | SDL | 4.8% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 4.7% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 4.7% |
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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.