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UTI Ultra Short Term Fund

Debt - Ultra Short Duration Fund

UTI Ultra Short Term Fund is an accrual-oriented income fund with a diversified portfolio of debt and money market instruments which aims to generate reasonable income. The fund is well positioned to capture yield movement at the shorter end of the curve by maintaining a portfolio duration of 3 to 6 months along with a high degree of liquidity. Investors who want to park their money for short period of time with an investment horizon upto 3 months may look at this fund.

Snapshot

Fund Type
Inception
Risk Metric
Returns
1 Year
3 Year
5 Year
NAV
as of -

Fund Facts

Month End AuM
Monthly Avg. AuM
No. of Folio Accounts
Minimum Investment Amount
Total Expense Ratio
Benchmark Index
Special Facitilities
Exit Load

Fund Overview

Scheme Riskometer

In terms of SEBI Circular No. SEBI/HO/IMD/IMD-II DOF 3/P/CIR/2021/573 dated June 07, 2021, all debt schemes of UTI Mutual Fund have been classified in terms of a Potential Risk Class (PRC) Matrix, consisting of maximum interest rate risk (measured by Macaulay Duration (MD) of the scheme) and maximum credit risk (measured by Credit Risk Value (CRV) of the scheme) that a scheme can take, effective December 1, 2021.
Potential Risk Class - B-II

Fund Performance

Period Fund Performance Vs Benchmark (CAGR) Growth for Rs 10,000 /-
NAV (%) NAV (Rs)

"Different plans have a different expense structure. The performance details provided herein are of Regular plan." * CAGR - Compounded annualized Growth Rate

"Different plans have a different expense structure. The performance details provided herein are of Regular plan." * CAGR - Compounded annualized Growth Rate

Portfolio

Fund Benchmark Net
Current Asset Allocation
Top 10 Holdings
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Name Weight(%)

Fund Managers

Frequently asked questions

    What are Ultra Short Term Fund?

    Ultra Short Term Funds are open ended scheme investing in debt and money market instruments such that the Macaulay duration of portfolio is between 3 months and 6 months (Please refer to page no.16 of SID on which the concept of Macaulay duration has been explained)

    Who should Invest in Ultra Short Term Fund?

    • Investors looking towards reasonable returns and liquidity over short term
    • Conservative Investors having an investment horizon of 3 months and above
    • Investors looking for alternative avenues to traditional fixed income avenues like bank deposit, bonds, etc.
    • Investors seeking to do asset allocation across various asset classes

    How to Invest in UTI Ultra Short Term Fund?

    Investors can simply log on to utimf.com or use UTI Mutual Fund Application and start investing subject to KYC compliance. Investors may also approach nearest UTI Financial Centres (UFCs). Alternatively, you may also approach your mutual fund distributor, financial advisor or various online platform for investments.

    How are Ultra Short Term Fund taxed?

    An Ultra Short Term Fund will attract capital gains tax if the redemption value is more than the purchase price. The gains can either be short term or long term in nature.
    If you hold units for 3 years or less, the gains made are subject to Short-Term Capital Gains Tax and are taxed as per your income slab. If you hold the units for more than three years, the gains are subject to Long-Term Capital Gains Tax which is taxed at 20% and you would get the benefit of indexation (available to debt funds). Indexation accounts for the effect of inflation in the acquisition purchase cost i.e. the purchase price is increased to adjust for inflation (using an index provided by the Government) before calculating the capital gain. Thus, it reduces the overall tax liability.

    What are the benefits of investing in UTI Ultra Short Term Fund?

    • UTI Ultra Short Term Fund is well-diversified ultra-short-term scheme aiming to generate regular income and liquidity through investements in shorter maturity corporate bonds, commercial papers & certificate of deposits along with tactical exposure to g-sec
    • The portfolio duration of the fund is generally around 3 to 6 months which provides a high degree of liquidity

    Why Invest in UTI Ultra Short Term Fund?

    • The scheme predominantly invests in AAA/A1+ rated instruments with the aim to generate reasonable income
    • The scheme maintains a portfolio duration of 3 to 6 months which provides a high degree of liquidity