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4 star

HDFC 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.

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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 3.30 0.01 0.07 0.32 0.73 1.75 3.56 6.06 -- -- --
CCIL T Bill Liquidity Weight 1.88 0.03 0.04 0.17 0.43 1.08 2.05 3.24 -- -- --
Debt: Ultra Short Duration 3.24 0.01 0.06 0.29 0.83 1.84 3.48 5.32 -- -- --
Rank within category 8 9 3 7 13 10 8 4 -- -- --
Number of funds in category 27 28 28 28 28 28 27 20 14 14 12

As on 03-Dec-2021

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 3.56 6.06 -- 0.64% 16,432
Aditya Birla Sun Life Savings Fund  | Invest Online
5 star
Nov-01 3.93 6.61 6.77 0.48% 17,500
Kotak Savings Fund Regular Plan  | Invest Online
4 star
Aug-04 3.19 5.76 6.19 0.77% 13,153
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
May-99 3.39 5.87 6.38 0.49% 11,569
ICICI Prudential Ultra Short Term Fund  | Invest Now
5 star
May-11 4.00 6.46 6.61 0.91% 11,143

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 3.52 26-Nov-2020 - 26-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.91 0.74 2.85 6.36 1.28 2.91
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Ultra Short Duration 5.22 1.35 1.71 4.14 1.06 2.08
Rank within category 4 9 3 4 12 4
Number of funds in category 20 20 20 20 20 20

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

As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 95 126 94 41
Modified Duration (yrs) 0.37 0.55 0.34 --
Average Maturity (yrs) 0.40 0.61 0.39 --
Yield to Maturity (%) 4.13 4.13 3.66 --
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
down Reserve Bank of India 182-D 30/12/2021 Treasury Bills SOV 0.00 - 4.75 4.39
equal Reserve Bank of India 91-D 19/11/2021 Treasury Bills SOV 0.00 - 4.25 4.25
down Reserve Bank of India 182-D 09/12/2021 Treasury Bills SOV 0.00 - 5.06 3.94
down Reserve Bank of India 182-D 16/12/2021 Treasury Bills SOV 0.00 - 3.68 3.58
equal 8.35% GOI 2022 GOI Securities SOV 0.37 - 3.86 3.52
equal 8.20% GOI 15/02/2022 Central Government Loan SOV 0.00 - 3.79 3.45
equal Reserve Bank of India 182-D 18/11/2021 Treasury Bills SOV 0.00 - 3.43 3.43
equal 6.60% REC 21/03/2022 Debenture AAA 1.76 - 3.18 2.92
equal 8.18% Power Finance Corporation 19/03/2022 Debenture AAA 0.48 - 2.50 2.50
equal National Bank Agr. Rur. Devp 2024 Non Convertible Debenture AAA 0.00 - 2.63 2.44
new Reliance Jio Infocomm 238-D 15/06/2022 Commercial Paper A1+ 0.00 - 2.37 2.37
equal 7.06% HDFC 13/12/2021 Non Convertible Debenture AAA 0.63 - 2.50 2.29
equal Tata Teleservices 364-D 28/02/2022 Commercial Paper A1+ 0.00 - 1.88 1.80
equal 6.22% HDFC 2021 Debenture AAA 1.12 - 1.69 1.56
equal Axis Bank 21/12/2021 Floating Rate Debenture A1+ 0.00 - 1.76 1.52
equal Hindustan Zinc 2021 Commercial Paper A1+ 0.00 - 1.70 1.52
equal Axis Bank 28/01/2022 Certificate of Deposit A1+ 0.00 - 1.53 1.51
new Reliance Jio Infocomm 85-D 07/01/2022 Commercial Paper A1+ 0.00 - 1.51 1.51
equal National Bank Agr. Rur. Devp 18/02/2022 Commercial Paper A1+ 0.00 - 1.59 1.50
equal Reserve Bank of India 91-D 11/11/2021 Treasury Bills SOV 0.00 - 1.46 1.46
equal 7.45% LIC Housing Fin. 2023 Non Convertible Debenture AAA 0.56 - 1.41 1.41
equal 8.15% GOI 2022 Central Government Loan SOV 0.00 - 1.54 1.40
equal Sun Pharmaceutical Industries 364-D 28/01/2022 Commercial Paper A1+ 0.00 - 1.46 1.39
equal 7.35% Power Finance Corporation 15/10/2022 Debenture AAA 0.00 - 1.25 1.25
equal 8.79% GOI 2021 Central Government Loan SOV 0.00 - 1.34 1.22

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-Oct-2021

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 03-Dec-2021

Growth: ₹ 12.1322

IDCW Weekly: ₹ 10.0548

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IDCW Monthly: ₹ 10.1549

IDCW 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 (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 25-Sep-2018
Return Since Launch: 6.24%
Benchmark: CRISIL Ultra Short Term Debt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 16,432 Cr (As on 31-Oct-2021)
Expense: 0.64% (As on 31-Oct-2021)
Risk Grade: Below Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily02-Dec-20210.0009

 01-Dec-20210.0018
 30-Nov-20210.0014
 29-Nov-20210.0008
 26-Nov-20210.0027
 25-Nov-20210.0009
 24-Nov-20210.0009
 23-Nov-20210.0002
 22-Nov-20210.0009
 18-Nov-20210.0038
 17-Nov-20210.0015
 16-Nov-20210.0005
 15-Nov-20210.0010
 12-Nov-20210.0035
 11-Nov-20210.0005
 10-Nov-20210.0009
 09-Nov-20210.0011
 08-Nov-20210.0020
 03-Nov-20210.0071
 02-Nov-20210.0018
 01-Nov-20210.0010
 29-Oct-20210.0016
 22-Oct-20210.0018
 21-Oct-20210.0007
 20-Oct-20210.0006
IDCW Monthly29-Nov-20210.0321

 25-Oct-20210.0212
 27-Sep-20210.0209
 30-Aug-20210.0393
 26-Jul-20210.0355
 28-Jun-20210.0250
 31-May-20210.0340
 26-Apr-20210.0328
 30-Mar-20210.0429
 22-Feb-20210.0282
 25-Jan-20210.0180
 28-Dec-20200.0211
 01-Dec-20200.0442
 26-Oct-20200.0488
 28-Sep-20200.0316
 31-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
IDCW Weekly29-Nov-20210.0056

 22-Nov-20210.0067
 15-Nov-20210.0080
 08-Nov-20210.0099
 01-Nov-20210.0015
 25-Oct-20210.0040
 18-Oct-20210.0064
 11-Oct-20210.0061
 04-Oct-20210.0045
 27-Sep-20210.0024
 20-Sep-20210.0053
 13-Sep-20210.0058
 06-Sep-20210.0072
 30-Aug-20210.0075
 23-Aug-20210.0066
 17-Aug-20210.0119
 09-Aug-20210.0062
 02-Aug-20210.0067
 26-Jul-20210.0080
 19-Jul-20210.0100
 12-Jul-20210.0085
 05-Jul-20210.0086
 28-Jun-20210.0052
 21-Jun-20210.0030
 14-Jun-20210.0090

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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