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Motilal Oswal Ultra Short Term Fund - Direct Plan


Debt: Ultra Short Duration

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

Ultra Short Duration debt funds invest in bonds maturing in 3 to 6 months' time. 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 is negligible but they do not guarantee returns or safety of capital.

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 3 months maturity, from the one that invests in bonds maturing in 3-6 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 the next one year in a Liquid fund.

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 2.76 0.01 0.06 0.28 1.13 2.58 5.45 1.09 3.29 -- --
CCIL T Bill Liquidity Weight 2.06 0.00 0.04 0.22 0.84 1.94 3.85 4.13 4.32 -- --
Debt: Ultra Short Duration 3.77 0.01 0.12 0.80 2.14 3.51 7.23 6.63 7.25 -- --
Rank within category 26 16 26 27 27 26 23 16 16 -- --
Number of funds in category 27 28 28 28 28 27 25 16 16 14 0

As on 14-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Motilal Oswal Ultra Short Term Fund - Direct Plan  | Invest Online
1 star
Sep-13 5.45 1.09 3.29 0.08 40
Aditya Birla Sun Life Savings Fund - Direct Plan  | Invest Online
5 star
Jan-13 8.30 7.96 8.32 0.33 11,830
SBI Magnum Ultra Short Duration Fund - Direct Plan  | Invest Online
4 star
Jan-13 7.64 7.78 7.68 0.33 9,750
Kotak Savings Fund - Direct Plan  | Invest Online
4 star
Jan-13 7.81 7.75 7.98 0.34 9,189
IDFC Ultra Short Term Fund - Direct Plan
4 star
Jul-18 7.53 -- -- 0.26 5,768

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.38 (24-Mar-2020 - 31-Mar-2020) -7.81 (19-Dec-2018 - 26-Dec-2018)
Month 0.92 (24-Mar-2020 - 23-Apr-2020) -7.39 (19-Dec-2018 - 18-Jan-2019)
Quarter 2.36 (12-Sep-2013 - 12-Dec-2013) -10.42 (24-Sep-2018 - 24-Dec-2018)
Year 8.82 (13-Sep-2013 - 15-Sep-2014) -7.96 (03-Sep-2018 - 03-Sep-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 1.31 5.80 -0.69 -1.17 3.00 -0.30
CCIL T Bill Liquidity Weight 4.07 0.28 -4.34 -7.86 -- --
Debt: Ultra Short Duration 6.53 1.64 2.25 5.23 0.98 2.44
Rank within category 18 18 18 18 18 16
Number of funds in category 18 18 18 18 18 18

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

As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 1 5 1 31
Modified Duration (yrs) 0.20 0.42 0.15 --
Average Maturity (yrs) 0.20 0.42 0.15 --
Yield to Maturity (%) 3.50 5.75 3.50 --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Reserve Bank of India 364-D 10/09/2020 Treasury Bills SOV 0.00 - 84.70 74.76

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 30-Jun-2020

*As on 31-May-2020

Fund Manager

— Abhiroop Mukherjee since 04-Sep-2013

Education: Mr. Abhiroop Mukherjee holds B.Com from Calcutta University & PGPBF (Finance) from National Institute of Bank Management.

Experience: Prior to joining Motilal Oswal AMC, he has worked with PNB Gilts Ltd. Mumbai.

Funds Managed:


0.01%

Change from previous, NAV as on 14-Jul-2020

Growth: ₹ 13.6349

Dividend Weekly: ₹ 9.6336

More

Dividend Quarterly: ₹ 9.7682

Dividend Monthly: ₹ 9.6298

Dividend Fortnightly: ₹ 9.6410

Dividend Daily: ₹ 9.6229


Investment Strategy

The Scheme seeks to generate optimal returns consistent with moderate levels of risk and liquidity by investing in debt securities and money market securities.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Motilal Oswal Mutual Fund
Launch Date: 06-Sep-2013
Return Since Launch: 4.63%
Benchmark: CRISIL Ultra ST Debt
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 40 Cr (As on 30-Jun-2020)
Expense: 0.08% (As on 31-May-2020)
Risk Grade: High
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily07-Sep-20180.0014

 06-Sep-20180.0015
 05-Sep-20180.0009
 04-Sep-20180.0015
 03-Sep-20180.0041
 31-Aug-20180.0015
 30-Aug-20180.0014
 29-Aug-20180.0015
 28-Aug-20180.0002
 27-Aug-20180.0036
 24-Aug-20180.0009
 23-Aug-20180.0023
 21-Aug-20180.0012
 20-Aug-20180.0055
 16-Aug-20180.0025
 14-Aug-20180.0011
 13-Aug-20180.0037
 10-Aug-20180.0012
 09-Aug-20180.0019
 08-Aug-20180.0013
 07-Aug-20180.0012
 06-Aug-20180.0039
 03-Aug-20180.0020
 02-Aug-20180.0025
 01-Aug-20180.0017
Dividend Monthly31-Aug-20180.0470

 27-Jul-20180.0379
 29-Jun-20180.0616
 25-May-20180.0212
 27-Apr-20180.0299
 03-Apr-20180.0573
 23-Feb-20180.0337
 29-Jan-20180.0277
 29-Dec-20170.0339
 24-Nov-20170.0327
 27-Oct-20170.0313
 29-Sep-20170.0412
 28-Aug-20170.0348
 28-Jul-20170.0344
 30-Jun-20170.0442
 26-May-20170.0314
 28-Apr-20170.0334
 31-Mar-20170.0422
 27-Feb-20170.0357
 27-Jan-20170.0350
 30-Dec-20160.0437
 25-Nov-20160.0333
 28-Oct-20160.0382
 30-Sep-20160.0471
 26-Aug-20160.0337
Dividend Weekly31-Aug-20180.0086

 24-Aug-20180.0068
 20-Aug-20180.0104
 10-Aug-20180.0094
 03-Aug-20180.0118
 27-Jul-20180.0079
 20-Jul-20180.0081
 13-Jul-20180.0099
 06-Jul-20180.0120
 29-Jun-20180.0111
 22-Jun-20180.0104
 15-Jun-20180.0146
 08-Jun-20180.0160
 01-Jun-20180.0094
 25-May-20180.0100
 18-May-20180.0032
 11-May-20180.0035
 04-May-20180.0045
 27-Apr-20180.0086
 20-Apr-20180.0060
 13-Apr-20180.0092
 06-Apr-20180.0065
 03-Apr-20180.0182
 23-Mar-20180.0048
 16-Mar-20180.0128
Dividend Fortnightly24-Aug-20180.0171

 10-Aug-20180.0212
 27-Jul-20180.0160
 13-Jul-20180.0328
 22-Jun-20180.0250
 08-Jun-20180.0256
 25-May-20180.0133
 11-May-20180.0079
 27-Apr-20180.0146
 13-Apr-20180.0351
 23-Mar-20180.0176
 09-Mar-20180.0222
 23-Feb-20180.0163
 09-Feb-20180.0173
 29-Jan-20180.0154
 12-Jan-20180.0200
 22-Dec-20170.0114
 08-Dec-20170.0148
 24-Nov-20170.0160
 10-Nov-20170.0166
 27-Oct-20170.0160
 13-Oct-20170.0256
 22-Sep-20170.0155
 08-Sep-20170.0156
 28-Aug-20170.0175
Dividend Quarterly29-Jun-20180.1173

 03-Apr-20180.1132
 29-Dec-20170.1010
 29-Sep-20170.1087
 30-Jun-20170.1133
 31-Mar-20170.1110
 30-Dec-20160.1171
 30-Sep-20160.1233
 24-Jun-20160.1213
 28-Mar-20160.1156
 28-Dec-20150.1300
 24-Sep-20150.0578

Contact Information

AMC: Motilal Oswal Asset Management Company Ltd.

Address: Motilal Oswal Towers - 10th Floor, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai - 400025

Phone: 022-39804238 / 1800-200-6626

Email: [email protected]

Website: http://www.motilaloswalmf.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

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