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4 star

HDFC Ultra Short Term Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 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 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 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 a 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 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.

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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 5.13 0.01 0.07 0.35 1.30 5.01 6.89 -- -- -- --
CCIL T Bill Liquidity Weight 2.49 0.02 0.04 0.19 0.54 1.61 3.46 -- -- -- --
Debt: Ultra Short Duration 4.18 0.01 0.07 0.29 1.12 3.83 7.74 -- -- -- --
Rank within category 3 11 9 5 5 3 4 -- -- -- --
Number of funds in category 27 28 28 28 28 28 25 16 16 15 13

As on 25-Sep-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
Sep-18 6.89 -- -- 0.64 11,891
Aditya Birla Sun Life Savings Fund  | Invest Online
5 star
Nov-01 7.58 7.70 8.07 0.48 16,218
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
May-99 6.69 7.44 7.39 0.49 12,635
Kotak Savings Fund Regular Plan  | Invest Online
4 star
Aug-04 6.61 7.14 7.39 0.77 11,176
ICICI Prudential Ultra Short Term Fund  | Invest Now
4 star
May-11 7.38 7.43 8.00 0.97 6,940

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.40 (24-Mar-2020 - 31-Mar-2020) -0.81 (17-Mar-2020 - 24-Mar-2020)
Month 2.01 (24-Mar-2020 - 23-Apr-2020) -0.61 (25-Feb-2020 - 26-Mar-2020)
Quarter 3.64 (24-Mar-2020 - 24-Jun-2020) 0.22 (24-Dec-2019 - 24-Mar-2020)
Year 8.58 (04-Oct-2018 - 04-Oct-2019) 5.94 (25-Mar-2019 - 24-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.97 0.31 -3.79 -6.90 -- --
Debt: Ultra Short Duration* 5.95 1.70 1.60 3.38 0.92 1.89
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Aug-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 114 118 65 37
Modified Duration (yrs) 0.35 0.53 0.24 0.34
Average Maturity (yrs) 0.51 0.65 0.29 0.42
Yield to Maturity (%) 4.38 6.69 4.38 4.50
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 6.77% HDFC 28/06/2021 Non Convertible Debenture AAA 0.00 - 7.58 4.29
up 8.12% GOI 2020 Central Government Loan SOV 0.00 - 4.26 4.26
equal BHEL 365-D 11/12/2020 Commercial Paper A1+ 0.00 - 6.26 3.54
equal Hindustan Zinc 315-D 26/03/2021 Commercial Paper A1+ 0.00 - 4.09 2.68
new Ultratech Cement 90-D 05/11/2020 Commercial Paper A1+ 0.00 - 2.51 2.51
new BHEL 365-D 04/11/2020 Commercial Paper A1+ 0.00 - 2.51 2.51
equal National Bank Agr. Rur. Devp 235-D 02/03/2021 Commercial Paper A1+ 0.00 - 2.73 2.48
equal Tata Teleservices 364-D 01/03/2021 Commercial Paper A1+ 0.00 - 4.26 2.44
equal Aditya Birla Finance 18/05/2021 Zero Coupon Bonds AAA 0.00 - 2.50 2.27
equal 7.00% GOI 21/01/2021 GOI Securities SOV 0.00 - 2.36 2.13
equal 6.95% Reliance Industries 14/12/2020 Debenture AAA 0.00 - 2.35 2.12
equal Axis Bank 29/12/2020 Certificate of Deposit A1+ 0.00 - 3.31 1.87
equal Shriram City Union Finance 2020 Securitised Debt AAA 0.00 - 3.62 1.68
equal Axis Bank 18/12/2020 Certificate of Deposit A1+ 0.00 - 2.95 1.67
new Tata Realty and Infrastructure 62-D 29/10/2020 Commercial Paper A1+ 0.00 - 1.67 1.67
new National Bank Agr. Rur. Devp 164-D 01/02/2021 Commercial Paper A1+ 0.00 - 1.66 1.66
equal Bharti Hexacom 364-D 26/02/2021 Commercial Paper A1+ 0.00 - 2.89 1.64
equal Bahadur Chand Investments 353-D 25/06/2021 Commercial Paper A1+ 0.00 - 1.74 1.58
equal IIFL Finance 2020 Securitised Debt A1+ 0.00 - 2.98 1.58
up 6.22% HDFC 2021 Debenture AAA 0.00 - 1.54 1.54
equal 8.40% L&T Infrastructre Finance 29/11/2021 Non Convertible Debenture AAA 0.00 - 2.66 1.49
equal National Bank Agr. Rur. Devp 21/01/2021 Commercial Paper A1+ 0.00 - 2.35 1.33
equal REC 15/12/2020 Bonds AAA 0.00 - 2.21 1.32
equal Aditya Birla Finance 25/06/2021 Deep Discount Bonds AAA 0.00 - 1.43 1.30
equal 6.99% REC 31/12/2020 Debenture AAA 0.00 - 1.98 1.27

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-Aug-2020

Fund Manager

— Anil Bamboli since 18-Sep-2018

Education: Mr. Bamboli is a CFA from Association for Investment Management and Research, U.S.A, Masters in Management Studies (Finance) and a Graduate in Cost and Works Accountant from ICWAI.

Experience: Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.

Funds Managed:


0.01%

Change from previous, NAV as on 25-Sep-2020

Growth: ₹ 11.6046

Dividend Weekly: ₹ 10.0953

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Dividend Monthly: ₹ 10.1784

Dividend Daily: ₹ 10.1030


Investment Strategy

The scheme seeks to generate income / capital appreciation through investment in debt securities and money market instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 25-Sep-2018
Return Since Launch: 7.71%
Benchmark: CRISIL Ultra ST Debt
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 11,891 Cr (As on 31-Aug-2020)
Expense: 0.64% (As on 31-Aug-2020)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily24-Sep-20200.0009

 23-Sep-20200.0010
 22-Sep-20200.0008
 21-Sep-20200.0011
 18-Sep-20200.0034
 17-Sep-20200.0015
 16-Sep-20200.0015
 15-Sep-20200.0014
 14-Sep-20200.0007
 11-Sep-20200.0030
 10-Sep-20200.0013
 09-Sep-20200.0003
 08-Sep-20200.0004
 04-Sep-20200.0035
 03-Sep-20200.0019
 02-Sep-20200.0010
 01-Sep-20200.0015
 31-Aug-20200.0030
 28-Aug-20200.0047
 27-Aug-20200.0008
 26-Aug-20200.0012
 25-Aug-20200.0005
 24-Aug-20200.0011
 21-Aug-20200.0012
 19-Aug-20200.0020
Dividend Weekly21-Sep-20200.0085

 14-Sep-20200.0050
 07-Sep-20200.0109
 31-Aug-20200.0083
 24-Aug-20200.0068
 17-Aug-20200.0101
 10-Aug-20200.0097
 03-Aug-20200.0068
 27-Jul-20200.0064
 20-Jul-20200.0112
 13-Jul-20200.0160
 06-Jul-20200.0213
 29-Jun-20200.0157
 22-Jun-20200.0249
 15-Jun-20200.0208
 08-Jun-20200.0047
 01-Jun-20200.0039
 26-May-20200.0425
 18-May-20200.0340
 11-May-20200.0251
 04-May-20200.0087
 27-Apr-20200.0109
 20-Apr-20200.0254
 07-Apr-20200.0496
 09-Mar-20200.0133
Dividend Monthly31-Aug-20200.0420

 27-Jul-20200.0553
 29-Jun-20200.0706
 26-May-20200.0513
 27-Apr-20200.1101
 24-Feb-20200.0354
 27-Jan-20200.0306
 30-Dec-20190.0346
 25-Nov-20190.0322
 29-Oct-20190.0361
 30-Sep-20190.0444
 26-Aug-20190.0371
 29-Jul-20190.0578
 24-Jun-20190.0387
 27-May-20190.0438
 30-Apr-20190.0573
 25-Mar-20190.0468
 25-Feb-20190.0409
 28-Jan-20190.0465
 31-Dec-20180.0641
 26-Nov-20180.0486
 29-Oct-20180.0234

Contact Information

AMC: HDFC Asset Management Company Ltd

Address: "HDFC House"-2nd Floor, H.T. Parekh Marg - 165-166, Backbay Reclamation, Churchgate Mumbai - 400020

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 022-22821144

Website: http://www.hdfcfund.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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