- Invested amount is the amount entered for either Monthly SIP and Lumpsum for the duration selected
- For lumpsum and monthly SIP investments returns are compounded annualized. 1 Year is assumed as 365 days.
- Dividends declared from benchmark's constituents isn't taken into account when comparing with investment in scheme's dividend plans.
- Worth of investment: Performance is compared against the latest benchmark of the scheme irrespective of the date of change of scheme's benchmark, if any.
- The start day for SIP investments is considered as 1st of every month
- For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied.
- Gold prices are available post 29 JAN, 2005 are based on daily closing values on MCX.
- PPF interest rate is assumed at 8.7% p.a. interest received is compounded monthly for the returns illustration in the charts.
- Dividend payouts reinvestment in scheme is not considered for the purpose of calculation of returns and graphical representation.
|This Scheme||BSE 100||Fixed Deposit||Gold||PPF|
|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
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 Centers (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