VR Logo

2 star

UTI Ultra Short Term Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

Ultra Short Duration debt funds invest in bonds maturing in three to six months. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. 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.

Such funds are usually more suited to institutional investors. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.

If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable 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 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.51 -0.01 0.03 0.29 0.91 1.68 4.11 4.69 5.67 6.51 7.28
CCIL T Bill Liquidity Weight 0.87 0.01 0.06 0.18 0.53 0.98 2.15 3.56 3.79 4.22 4.62
Debt: Ultra Short Duration 1.50 -0.01 0.08 0.31 0.94 1.64 3.81 5.53 5.91 6.61 7.65
Rank within category 9 20 22 9 15 8 6 14 8 8 10
Number of funds in category 27 28 28 28 27 27 26 17 14 14 12

As on 16-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
UTI Ultra Short Term Fund - Regular Plan  | Invest Online
2 star
Aug-03 4.11 4.69 5.67 0.97 2,278
Aditya Birla Sun Life Savings Fund  | Invest Online
5 star
Nov-01 5.26 7.25 7.39 0.51 18,100
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
Sep-18 4.49 -- -- 0.64 16,735
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
May-99 4.01 6.61 6.73 0.49 12,864
Kotak Savings Fund Regular Plan  | Invest Online
4 star
Aug-04 3.95 6.44 6.71 0.77 11,759

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.89 24-Mar-2020 - 31-Mar-2020 -3.57 03-Jun-2019 - 10-Jun-2019
Month 1.54 24-Mar-2020 - 23-Apr-2020 -3.22 03-Jun-2019 - 03-Jul-2019
Quarter 2.95 30-Jul-2013 - 29-Oct-2013 -2.43 31-May-2019 - 30-Aug-2019
Year 9.88 05-Apr-2013 - 07-Apr-2014 1.80 25-Mar-2019 - 24-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.68 2.27 0.17 0.11 0.59 0.84
CCIL T Bill Liquidity Weight 3.52 0.39 -2.00 -4.76 -- --
Debt: Ultra Short Duration 5.41 1.70 1.57 2.93 1.16 2.01
Rank within category 13 12 13 13 2 13
Number of funds in category 16 16 16 16 16 16

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

As on 31-May-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 52 52 28 41
Modified Duration (yrs) 0.38 0.41 0.29 0.34
Average Maturity (yrs) 0.43 0.45 0.30 0.39
Yield to Maturity (%) 3.94 5.83 3.94 3.83
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Reserve Bank of India 91-D 15/07/2021 Treasury Bills SOV 0.00 - 8.74 8.74
equal 8.30% Reliance Industries 2022 Debenture AAA 0.00 - 4.53 4.53
equal Grasim Industries 91-D 09/06/2021 Commercial Paper A1+ 0.00 - 5.20 4.39
equal Reserve Bank of India 364-D 29/07/2021 Treasury Bills SOV 0.00 - 5.18 4.37
equal Larsen & Toubro 180-D 09/08/2021 Commercial Paper A1+ 0.00 - 5.17 4.36
equal 6.17% GOI 15/07/2021 GOI Securities SOV 0.00 - 12.15 4.18
equal 9.55% Hindalco Inds. 25/04/2022 Bonds/NCDs AA 0.00 - 3.43 3.43
equal Reliance Jio Infocomm 91-D 19/07/2021 Commercial Paper A1+ 0.00 - 3.28 3.28
equal National Bank Agr. Rur. Devp 164-D 27/09/2021 Commercial Paper A1+ 0.00 - 3.26 3.26
equal 8.20% GOI 15/02/2022 Central Government Loan SOV 0.00 - 2.94 2.94
equal Avanse Financial Services 2021 Non Convertible Debenture A+ 2.72 - 5.79 2.86
equal 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 0.00 - 3.46 2.23
equal 7.50% Power Finance Corporation 16/08/2021 Debenture AAA 0.00 - 3.46 2.21
equal Bajaj Housing Finance 169-D 29/06/2021 Commercial Paper A1+ 0.00 - 2.60 2.19
equal Reliance Industries 283-D 11/06/2021 Commercial Paper A1+ 0.00 - 3.29 2.19
equal Dalmia Bharat 91-D 25/06/2021 Commercial Paper A1+ 0.00 - 2.60 2.19
equal National Bank Agr. Rur. Devp 1790-D 31/08/2021 Commercial Paper A1+ 0.00 - 2.58 2.18
equal Network 18 Media & Inv 182-D 23/08/2021 Commercial Paper A1+ 0.00 - 2.58 2.18
equal Bajaj Finance 365-D 22/02/2022 Commercial Paper A1+ 0.00 - 2.52 2.13
equal 8.39% National Bank Agr. Rur. Devp 19-D 19/07/2021 Debenture AAA 1.68 - 2.77 1.77
equal 7.24% REC 21/10/2021 Debenture AAA 0.00 - 1.86 1.56
equal HDB Financial Services 2021 Zero Coupon Bonds AAA 1.33 - 2.37 1.41
equal 2.00% Tata Steel 23/04/2022 Debenture AA 0.00 - 1.40 1.18
equal 9.95% Food Corporation of India 2022 Bonds AAA 0.00 - 1.38 1.15
equal 9.75% Manappuram Finance 31/12/2021 Debenture AA 0.00 - 1.34 1.13

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 31-May-2021

Fund Manager

— Ritesh Nambiar since 01-Jul-2015

Education: Mr. Nambiar is an MMS (Finance), CFA and FRM holder.

Experience: Prior to joining UTI AMC in March 2008, he was a Fixed Income Analyst with CRISIL Research (January 2007 - March 2008) and a Fixed Income Trader with Eurex, LIFFE and CBOE Desk )(May 2005 - October 2006).

Funds Managed:

— 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:


-0.01%

Change from previous, NAV as on 16-Jun-2021

Growth: ₹ 3,281.5199

IDCW Yearly: ₹ 1,111.8046

More

IDCW Weekly: ₹ 1,081.9900

IDCW Quarterly: ₹ 1,097.2161

IDCW Monthly: ₹ 1,027.7541

IDCW Half Yearly: ₹ 1,107.1967

IDCW Fortnightly: ₹ 1,319.5339

IDCW Daily: ₹ 1,046.0162

Flexi IDCW: ₹ 1,304.7521


Investment Strategy

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

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: UTI Mutual Fund
Launch Date: 29-Aug-2003
Return Since Launch: 6.90%
Benchmark: CRISIL Ultra ST Debt TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 2,278 Cr (As on 31-May-2021)
Expense: 0.97% (As on 30-Apr-2021)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily15-Jun-20210.0649

 14-Jun-20210.2047
 11-Jun-20210.0943
 10-Jun-20210.1236
 09-Jun-20210.1943
 08-Jun-20210.1595
 07-Jun-20210.2708
 04-Jun-20210.1843
 03-Jun-20210.1247
 02-Jun-20210.1093
 01-Jun-20210.1102
 31-May-20210.2908
 28-May-20210.0164
 27-May-20210.1366
 25-May-20210.1272
 24-May-20210.2673
 21-May-20210.1564
 20-May-20210.0621
 19-May-20210.0642
 18-May-20210.1476
 17-May-20210.2787
 14-May-20210.1400
 11-May-20210.0957
 10-May-20210.1986
 07-May-20210.0506
IDCW Weekly15-Jun-20210.7057

 08-Jun-20210.8781
 01-Jun-20210.5732
 25-May-20210.7008
 18-May-20210.5859
 11-May-20210.6339
 04-May-20210.6488
 27-Apr-20210.8780
 20-Apr-20210.5286
 15-Apr-20210.8398
 06-Apr-20210.8696
 30-Mar-20211.1369
 23-Mar-20210.9292
 16-Mar-20210.3942
 09-Mar-20210.5079
 02-Mar-20210.5881
 23-Feb-20210.7639
 16-Feb-20210.9123
 09-Feb-20210.6760
 02-Feb-20210.5826
 27-Jan-20210.7748
 19-Jan-20210.1786
 12-Jan-20210.3690
 05-Jan-20210.9472
 29-Dec-20200.9069
IDCW Fortnightly10-Jun-20212.1715

 25-May-20211.6900
 10-May-20211.5321
 26-Apr-20212.1369
 12-Apr-20212.4144
 25-Mar-20211.9918
 10-Mar-20211.1149
 25-Feb-20212.2413
 10-Feb-20211.9705
 25-Jan-20210.9354
 11-Jan-20211.7857
 28-Dec-20202.4537
 10-Dec-20201.8787
 25-Nov-20202.7345
 10-Nov-20202.3440
 26-Oct-20202.9379
 12-Oct-20203.5685
 25-Sep-20202.2258
 10-Sep-20202.2475
 25-Aug-20201.4894
 10-Aug-20201.9275
 27-Jul-20202.9152
 10-Jul-20203.6751
 25-Jun-20204.8764
 10-Jun-20200.4047
IDCW Monthly01-Jun-20215.0000

 03-May-20215.0000
 05-Apr-20215.0000
 01-Mar-20215.0000
 01-Feb-20215.0000
 01-Jan-20215.0000
 01-Dec-20205.0000
 02-Nov-20205.0000
 01-Oct-20205.0000
 01-Sep-20205.0000
 03-Aug-20205.0000
 01-Jul-20205.0000
 01-Jun-20205.0000
 04-May-20205.0000
 03-Apr-20205.0000
 02-Mar-20203.6016
 03-Feb-20203.6016
 01-Jan-20203.6016
 02-Dec-20193.6016
 01-Nov-20193.6016
 01-Oct-20193.6016
 03-Sep-20193.6016
 01-Aug-20193.6016
 01-Jul-20193.6016
 03-Jun-20193.6016
Flexi IDCW22-Mar-202140.0000

 26-Mar-20203.6016
 25-Mar-201936.0161
 26-Mar-201843.3359
 22-Mar-201750.5585
 28-Mar-201643.3359
 26-Mar-201525.4053
 25-Sep-201429.2227
IDCW Half Yearly22-Mar-202132.5000

 23-Sep-20207.5000
 26-Mar-20203.6016
 25-Mar-201921.6097
 25-Sep-201814.4064
 26-Mar-201821.6679
 25-Sep-201721.6679
 22-Mar-201728.8906
 26-Sep-201621.6679
 28-Mar-201625.2793
 28-Sep-201510.8340
IDCW Quarterly22-Mar-202115.0000

 21-Dec-20207.5000
 23-Sep-202010.0000
 24-Jun-20207.5000
 26-Mar-20203.6016
 26-Dec-20197.2032
 25-Mar-201914.4064
 26-Dec-20187.2032
 25-Sep-20187.2032
 26-Jun-20187.2032
 26-Mar-201810.8340
 26-Dec-201710.8340
 25-Sep-201710.8340
 28-Jun-201710.8340
 22-Mar-201718.0566
 26-Dec-201610.8340
 26-Sep-201610.8340
 27-Jun-201610.8340
 28-Mar-201614.4453
 28-Dec-201510.8340
 28-Sep-201510.8340
 25-Jun-201510.8340
 26-Mar-20158.1465
IDCW Yearly22-Mar-202140.0000

 26-Mar-20203.6016
 25-Mar-201936.0161
 26-Mar-201843.3359
 22-Mar-201750.5585
 28-Mar-201621.6679

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: http://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

Upcoming Video

Investors' Hangout

Your investment strategy after the debt fund fiasco

DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM