UTI Ultra Short Duration Fund Discontinued - Institutional Plan

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Value Research Rating

Unrated

Analyst’s Choice

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Riskometer

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Moderate

₹2,809.3094 0.09%

As on 21-May-2024

Returns

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Calculate SIP Returns of UTI Ultra Short Duration Fund Discontinued - Institutional Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Moderate risk.

low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of UTI Ultra Short Duration Fund Discontinued - Institutional Plan

Asset Allocation

Split between different types of investments

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Credit Rating Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of UTI Ultra Short Duration Fund Discontinued - Institutional Plan

Assets info

₹2,349 Cr

Exit Load (Days) info

--

Min. Investment (₹)

50,00,000

Min. Withdrawal (₹)

--

Min. SIP Investment (₹)

500

Min. No of Cheques

6

Investment Strategy

The scheme seeks to generate reasonable income with low volatility through investment in a portfolio comprising of debt & money market instruments

Suitability

"Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.

They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.

The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run."

Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 3 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 3 years from the date of investment: Gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • No tax is to be paid as long as you continue to hold the units.

Dividend Taxation

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

FAQ for UTI Ultra Short Duration Fund Discontinued - Institutional Plan

UTI Ultra Short Duration Fund Discontinued - Institutional Plan is mandated to invest in bonds such that the duration of the portfolio is between three to six months.

Mutual funds can be bought directly from the website of the fund house. For instance, UTI Ultra Short Duration Fund Discontinued - Institutional Plan fund can be purchased from the website of UTI Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of UTI Ultra Short Duration Fund Discontinued - Institutional Plan is ₹2,809.3094 as of 22-May-2024.

The AUM of UTI Ultra Short Duration Fund Discontinued - Institutional Plan Fund is ₹2,349 Cr as of 30-Apr-2024

The riskometer level of UTI Ultra Short Duration Fund Discontinued - Institutional Plan is Moderate. See More

Company Percentage of Portfolio

HDFC Bank Ltd CD 14/06/2024

4.22

Shriram Finance Ltd SR XXVIII FRN 21/09/2024

3.00

ONGC Petro Additions Ltd SR IX NCD 8.57 11/09/2024

2.13

LIC Housing Finance Ltd SRTR349OP-1 Debenture 7.40 06/09/2024

2.12

Piramal Capital & Housing Finance Ltd CP 84-D 30/05/2024

2.11
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As of 30-Apr-2024, UTI Ultra Short Duration Fund Discontinued - Institutional Plan had invested 86.92% in Debt and 13.08% in Cash & Cash Eq. See More

UTI Ultra Short Duration Fund Discontinued - Institutional Plan is 14 years 10 months old. It has delivered 7.20% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
7.11%
6.40%
5.30%
5.82%
6.64%
7.20%

No, There is no lock in period in UTI Ultra Short Duration Fund Discontinued - Institutional Plan.

The expense ratio of UTI Ultra Short Duration Fund Discontinued - Institutional Plan is 1.00.

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