UTI Ultra Short Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Sudhir Agrawal, Ritesh Nambiar is the Current Fund Manager of UTI Ultra Short Term Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,043 Cr and the Latest NAV as of 08 Apr 2020 is ₹3240.82.
The UTI Ultra Short Term Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 2500. Minimum Lumpsum Investment is 5000. Exit load of 3% if redeemed before 3 months, 2% if redeemed within 3 months but before 6 months, 1% if redeemed within 6 months but before 1 year.
Investment Objective
To generate regular income through investment in a portfolio comprising substantially of floating rate debt / money market instruments, fixed rate debt / money market instruments swapped for floating rate returns and fixed rate debt securities and money market instruments.
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
Exit load of 3% if redeemed before 3 months, 2% if redeemed within 3 months but before 6 months, 1% if redeemed within 6 months but before 1 year.
Exit Load