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Unrated

UTI Short Term Income Fund Discontinued - Regular Plan


1 Lakh

Investment declined to
₹ 0.96 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.21 Lakh

Analyst's Choice?

Suitability:

Short Duration debt funds are suitable to invest your money for a duration of 1 year to 3 years. You can expect to earn higher returns than what a bank fixed deposit of a similar duration can fetch.

The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.

Remember, these are suitable only to invest for a short time frame of up to 3 years. Do not invest in this, or any other Short Duration fund, if your aim is to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.72 1.89 1.56 -0.22 1.76 3.93 -4.29 2.30 4.76 6.09 6.98
CCIL T Bill Liquidity Weight 1.04 0.23 0.17 0.47 1.03 1.92 4.21 4.16 4.44 4.78 4.74
Debt: Short Duration 1.66 2.02 1.72 -0.05 1.70 3.43 4.47 5.55 6.54 7.25 7.47

As on 27-Mar-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 2.81 (09-Apr-2009 - 17-Apr-2009) -13.18 (03-Jun-2019 - 10-Jun-2019)
Month 4.03 (09-Apr-2009 - 11-May-2009) -12.40 (10-May-2019 - 10-Jun-2019)
Quarter 5.46 (02-Apr-2009 - 03-Jul-2009) -11.50 (11-Mar-2019 - 10-Jun-2019)
Year 12.55 (18-May-2012 - 20-May-2013) -7.02 (08-Jun-2018 - 10-Jun-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 2.75 6.95 -0.41 -0.23 2.91 1.67
CCIL T Bill Liquidity Weight 4.06 0.27 -5.85 -10.16 -- --
Debt: Short Duration 5.68 3.02 0.46 1.02 3.11 4.91

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 29-Feb-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 36 49 29 57
Modified Duration (yrs) 2.42 3.09 1.68 2.23
Average Maturity (yrs) 2.82 3.90 1.96 2.72
Yield to Maturity (%) 6.96 9.72 6.96 7.11

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 6.52% GOI 23/10/2023 GOI Securities SOV 0.00 - 15.37 15.37
equal 8.95% Punjab National Bank Bonds A 0.00 - 9.48 6.95
new 6.99% HDFC 13/02/2023 Debenture AAA 0.00 - 6.33 6.33
equal State Bank of India 2056 Debenture AA+ 4.90 - 9.89 5.35
equal 6.99% HUDCO 2022 Debenture AAA 0.00 - 5.12 5.12
down 8.02% Larsen & Toubro 22/05/2022 Non Convertible Debenture AAA 0.00 - 6.28 4.58
equal 6.80% SIDBI 29/09/2022 Debenture AAA 0.00 - 4.44 4.44
equal 8.18% Power Finance Corp. 19/03/2022 Debenture AAA 0.00 - 4.48 4.14
equal 8.35% REC 13/03/2022 Debenture AAA 3.79 - 6.63 4.06
down 9.14% Bank of Baroda Bonds AA 2.81 - 5.72 3.88
equal 8.30% Reliance Industries 2022 Debenture AAA 0.00 - 3.65 3.65
equal 7.85% National Bank Agr. Rur. Devp 23/05/2022 Non Convertible Debenture AAA 0.00 - 5.43 3.64
equal 7.45% LIC Housing Fin. 13/01/2023 Debenture AAA 0.00 - 3.05 3.05
equal 8.27% Rajasthan State 23/06/2022 State Development Loan SOV 1.20 - 2.64 2.64
equal 7.69% National Bank Agr. Rur. Devp 29/05/2024 Non Convertible Debenture AAA 0.00 - 2.63 2.63
equal 7.05% National Housing Bank 18/12/2024 Non Convertible Debenture AAA 0.00 - 2.59 2.59
equal 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.00 - 2.56 2.56
new 8.50% L&T Infrastructre Finance 17/02/2023 Debenture AAA 0.00 - 2.53 2.53
new 7.10% Bajaj Finance 2023 Debenture AAA 0.00 - 2.53 2.53
equal First Business Receivable Trust Securitised Debt AAA 0.00 - 0.51 1.98
equal 7.68% Madhya Pradesh State 22/03/2023 State Development Loan SOV 0.00 - 1.84 1.84
equal 8.18% Haryana State 15/06/2022 State Development Loan SOV 0.60 - 2.33 1.32
new 6.35% Export-Import Bank 18/02/2025 Debenture AAA 0.00 - 1.26 1.26
equal 7.32% NTPC 17/07/2029 Non Convertible Debenture AAA 0.00 - 1.03 1.03
equal 6.99% Air India Assets Holdings 16/12/2022 Debenture AAA 0.00 - 2.96 0.77

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 29-Feb-2020

Fund Manager

— Sudhir Agrawal since 09-Jul-2012

Education: Mr.Sudhir Agrawal is a M.Com, PGDBA (Finance) and a CFA.

Experience: Prior to joining UTI he has worked with TATA Asset Management Ltd., Tramp Value Pvt. Ltd. and CARE Ratings.

Interviews:

Funds Managed:


1.89%

Change from previous, NAV as on 27-Mar-2020

Growth: ₹ 30.8624

Dividend Quarterly: ₹ 16.3147


Investment Strategy

The scheme seeks to generate reasonable income, with low risk and high level of liquidity from a portfolio of debt & money market instruments.

Investment Details

Minimum Investment (₹) 10,000
Minimum Addl Investment (₹) --
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 3% for redemption within 79 days
2% for redemption between 80 - 179 days
1% for redemption between 180 - 364 days

Basic Details

Fund House: UTI Mutual Fund
Launch Date: 24-Jun-2003
Return Since Launch: 6.95%
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 1,977 Cr (As on 29-Feb-2020)
Expense: 0.65% (As on 30-Sep-2019)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Quarterly22-Mar-20170.1806

 26-Dec-20160.1083
 26-Sep-20160.1083
 27-Jun-20160.1083
 28-Mar-20160.2708
 28-Dec-20150.0542
 28-Sep-20150.0542
 25-Jun-20150.0542
 26-Mar-20150.1815
 29-Dec-20140.1815
 25-Sep-20140.2338
 26-Jun-20140.1753
 26-Mar-20140.1948
 30-Dec-20130.2338
 30-May-20130.1314
 25-Mar-20130.1762
 27-Dec-20120.1542
 26-Sep-20120.1762
 28-Jun-20120.1542
 28-Mar-20120.1321
 29-Dec-20110.2202
 28-Sep-20110.2643
 10-Jan-20110.1581
 30-Sep-20100.0878
 30-Jun-20100.0878

Contact Information

AMC: UTI Asset Management Company Ltd

Address: UTI Tower, 'GN' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051

Phone: 022- 66786666 / 66786354 / 1800-22-1230

Fax: 022-26523031

Email: [email protected]

Website: www.utimf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Last Session

Investors' Hangout

5 ways to deal with market panic

dateFriday, 20-Mar-2020
time12:30 PM - 01:00 PM

Registration Over