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4 star

HDFC Ultra Short Term Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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 0.11 0.00 0.03 0.21 0.84 2.09 6.18 -- -- -- --
CCIL T Bill Liquidity Weight 0.09 0.03 0.04 0.15 0.50 1.08 3.01 -- -- -- --
Debt: Ultra Short Duration 0.10 0.00 0.03 0.19 0.74 1.79 4.89 -- -- -- --
Rank within category 10 22 18 8 6 5 2 -- -- -- --
Number of funds in category 28 28 28 28 28 27 26 15 15 14 12

As on 22-Jan-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 6.18 -- -- 0.64 14,228
Aditya Birla Sun Life Savings Fund  | Invest Online
5 star
Nov-01 6.64 7.59 7.82 0.48 16,540
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
May-99 5.58 7.14 7.12 0.49 14,272
Kotak Savings Fund Regular Plan  | Invest Online
4 star
Aug-04 5.52 6.93 7.12 0.76 12,428
ICICI Prudential Ultra Short Term Fund  | Invest Now
4 star
May-11 6.17 7.37 7.77 0.97 8,558

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* 3.78 0.34 -2.89 -5.80 -- --
Debt: Ultra Short Duration* 5.88 1.60 1.75 3.34 1.14 2.23
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-Dec-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 118 126 65 39
Modified Duration (yrs) 0.39 0.53 0.33 0.36
Average Maturity (yrs) 0.45 0.65 0.39 0.39
Yield to Maturity (%) 3.81 6.69 3.66 4.03
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 7.00% GOI 21/01/2021 GOI Securities SOV 0.00 - 5.28 4.44
equal 6.77% HDFC 28/06/2021 Non Convertible Debenture AAA 3.25 - 7.58 3.74
equal Reserve Bank of India 182-D 08/04/2021 Treasury Bills SOV 0.00 - 3.49 3.49
equal Bharat Oman Refineries 91-D 28/01/2021 Commercial Paper A1+ 0.00 - 3.16 3.16
equal Reserve Bank of India 182-D 25/02/2021 Treasury Bills SOV 0.00 - 2.45 2.45
equal Hindustan Zinc 315-D 26/03/2021 Commercial Paper A1+ 0.00 - 4.09 2.27
equal Aditya Birla Finance 25/06/2021 Deep Discount Bonds AAA 0.00 - 2.59 2.22
equal National Bank Agr. Rur. Devp 235-D 02/03/2021 Commercial Paper A1+ 0.00 - 2.73 2.10
equal Tata Teleservices 364-D 01/03/2021 Commercial Paper A1+ 0.00 - 4.26 2.09
equal 6.60% REC 21/03/2022 Debenture AAA 0.00 - 2.02 2.02
equal Aditya Birla Finance 18/05/2021 Zero Coupon Bonds AAA 0.00 - 2.50 1.95
new Axis Bank 21/12/2021 Floating Rate Debenture A1+ 0.00 - 1.76 1.76
new Bharat Oman Refineries 90-D 02/03/2021 Commercial Paper A1+ 0.00 - 1.75 1.75
new Reserve Bank of India 2021 Treasury Bills SOV 0.00 - 1.75 1.75
new Chambal Fertilisers & Chem. 39-D 22/01/2021 Commercial Paper A1+ 0.00 - 1.75 1.75
equal Adani Ports and Special Economic Zone 89-D 18/01/2021 Commercial Paper A1+ 0.00 - 1.75 1.75
new Hindustan Zinc 2021 Commercial Paper A1+ 0.00 - 1.70 1.70
equal Manappuram Finance 343-D 24/09/2021 Commercial Paper A1+ 0.00 - 1.69 1.69
up 6.22% HDFC 2021 Debenture AAA 0.00 - 1.54 1.47
equal National Bank Agr. Rur. Devp 164-D 01/02/2021 Commercial Paper A1+ 0.00 - 1.66 1.40
equal Bharti Hexacom 364-D 26/02/2021 Commercial Paper A1+ 0.00 - 2.89 1.40
equal Tata Realty and Infrastructure 287-D 21/06/2021 Commercial Paper A1+ 0.00 - 1.60 1.38
equal Bahadur Chand Investments 353-D 25/06/2021 Commercial Paper A1+ 0.00 - 1.74 1.37
equal Can Fin Homes 346-D 27/09/2021 Commercial Paper A1+ 0.00 - 1.37 1.37
new Can Fin Homes 364-D 23/11/2021 Commercial Paper A1+ 0.00 - 1.35 1.35

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-Dec-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:


0.00%

Change from previous, NAV as on 22-Jan-2021

Growth: ₹ 11.7574

Dividend Weekly: ₹ 10.0526

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Dividend Monthly: ₹ 10.1657

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: 7.20%
Benchmark: CRISIL Ultra ST Debt TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 14,228 Cr (As on 31-Dec-2020)
Expense: 0.64% (As on 31-Dec-2020)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily21-Jan-20210.0002

 07-Jan-20210.0011
 06-Jan-20210.0012
 05-Jan-20210.0006
 04-Jan-20210.0018
 01-Jan-20210.0041
 31-Dec-20200.0024
 30-Dec-20200.0011
 29-Dec-20200.0016
 28-Dec-20200.0015
 24-Dec-20200.0037
 23-Dec-20200.0010
 22-Dec-20200.0009
 21-Dec-20200.0004
 18-Dec-20200.0029
 17-Dec-20200.0012
 16-Dec-20200.0003
 15-Dec-20200.0004
 14-Dec-20200.0004
 11-Dec-20200.0029
 10-Dec-20200.0007
 09-Dec-20200.0011
 08-Dec-20200.0002
 07-Dec-20200.0003
 04-Dec-20200.0032
Dividend Weekly18-Jan-20210.0389

 11-Jan-20210.0049
 04-Jan-20210.0107
 28-Dec-20200.0060
 21-Dec-20200.0053
 14-Dec-20200.0051
 07-Dec-20200.0046
 01-Dec-20200.0070
 23-Nov-20200.0102
 17-Nov-20200.0096
 09-Nov-20200.0085
 02-Nov-20200.0086
 26-Oct-20200.0093
 19-Oct-20200.0137
 12-Oct-20200.0144
 05-Oct-20200.0111
 28-Sep-20200.0069
 21-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
Dividend Monthly28-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
 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

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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