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Home>Mutual Funds>UTI Mutual Fund>UTI Ultra Short Term Fund Direct IDCW Fortnightly

UTI Ultra Short Term Fund Direct IDCW Fortnightly

Debt
Ultra Short Duration
Moderate Risk
Payout
6.06%
3Y annualised
+0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Jul 2022₹1,324.34
Min. SIP amount₹500
Rating4
Fund size₹2,004.78Cr

Returns and rankings

Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns6.6%6.1%5.8%7.5%
Category average3.7%5.5%5.9%NA
Rank with in category249NA
Understand terms

Holdings (56)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills5.9%
GOI
SovereignCGL4.6%
Reserve Bank of India
FinancialT-Bills4.0%
Reserve Bank of India
FinancialT-Bills3.9%
HDFC Bank Ltd.
FinancialCD3.8%
Indusind Bank Ltd.
FinancialCD2.9%
Tata Power Company Ltd.EnergyDebenture2.8%
Cholamandalam Investment & Finance Company Ltd.
FinancialDDB2.4%
Power Finance Corporation Ltd.FinancialNCD2.2%
REC Ltd.FinancialBonds2.2%
See All

Pros and cons

Category: Debt Ultra Short Duration

Pros

Cons

1Y category rank: 2, 3Y category rank: 4
5Y annualised returns lower than category average by 0.05%
Consistently higher annualised returns than category average for the past 1Y and 3Y
Higher expense ratio: 0.37%
Exit load is zero
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: 0.37%

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

Ritesh Nambiar
Jul 2015 - Present
View details

Education
Mr. Nambiar is an MMS (Finance), CFA and FRM holder.
Experience
Prior to joining UTI AMC in March 2008, he was a Fixed Income Analyst with CRISIL Research (January 2007 - March 2008) and a Fixed Income Trader with Eurex, LIFFE and CBOE Desk )(May 2005 - October 2006).
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
UTI Tower, 'GN' Block,Bandra-Kurla Complex,Bandra (East), Mumbai 400051
Phone
022- 66786666 / 66786354 / 1800-22-1230
Launch Date
14 Nov 2002
Website
NA
Amc Image
UTI Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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FAQs

How to Invest in UTI Ultra Short Term Fund Direct IDCW Fortnightly?

You can easily invest in UTI Ultra Short Term Fund Direct IDCW Fortnightly 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 UTI Ultra Short Term Fund Direct IDCW Fortnightly 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 UTI Ultra Short Term Fund Direct IDCW Fortnightly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does UTI Ultra Short Term Fund Direct IDCW Fortnightly provide?

The UTI Ultra Short Term Fund Direct IDCW Fortnightly has been there from 23 Mar 2017 and the average annual returns provided by this fund is 6.61% since its inception.

How much expense ratio is charged by UTI Ultra Short Term Fund Direct IDCW Fortnightly?

The term Expense Ratio used for UTI Ultra Short Term Fund Direct IDCW Fortnightly 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 UTI Ultra Short Term Fund Direct IDCW Fortnightly is 0.37% as of 02 Jul 2022...

What is the AUM of UTI Ultra Short Term Fund Direct IDCW Fortnightly?

The AUM, short for Assets Under Management of UTI Ultra Short Term Fund Direct IDCW Fortnightly is ₹2,004.78Cr as of 02 Jul 2022.

How to Redeem UTI Ultra Short Term Fund Direct IDCW Fortnightly?

If you want to sell your UTI Ultra Short Term Fund Direct IDCW Fortnightly 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 UTI Ultra Short Term Fund Direct IDCW Fortnightly?

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

What is the NAV of UTI Ultra Short Term Fund Direct IDCW Fortnightly?

The NAV of UTI Ultra Short Term Fund Direct IDCW Fortnightly is ₹1,324.34 as of 01 Jul 2022.

What is the PE and PB ratio of UTI Ultra Short Term Fund Direct IDCW Fortnightly?

The PE ratio ratio of UTI Ultra Short Term Fund Direct IDCW Fortnightly 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).

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