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Unrated

YES Ultra Short Term Fund - Regular Plan


Debt: Ultra Short Duration

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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 1.77 0.01 0.03 0.14 0.48 1.65 4.59 -- -- -- --
CCIL T Bill Liquidity Weight 2.04 0.00 0.04 0.24 0.86 1.94 3.94 -- -- -- --
Debt: Ultra Short Duration 3.43 0.02 0.27 0.76 2.00 3.25 6.82 -- -- -- --
Rank within category 27 27 28 28 28 27 24 -- -- -- --
Number of funds in category 27 28 28 28 28 27 25 16 16 14 12

As on 09-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
YES Ultra Short Term Fund - Regular Plan
Unrated
Jun-19 4.59 -- -- 1.32 3
Aditya Birla Sun Life Savings Fund  | Invest Online
5 star
Nov-01 8.29 7.87 8.20 0.45 12,902
SBI Magnum Ultra Short Duration Fund  | Invest Online
4 star
May-99 7.57 7.64 7.57 0.49 9,848
Kotak Savings Fund Regular Plan  | Invest Online
4 star
Aug-04 7.45 7.36 7.59 0.78 9,189
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
Sep-18 7.64 -- -- 0.64 7,697

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.27 (02-Mar-2020 - 09-Mar-2020) 0.00 (27-Mar-2020 - 03-Apr-2020)
Month 0.72 (28-Jun-2019 - 30-Jul-2019) 0.13 (24-Mar-2020 - 23-Apr-2020)
Quarter 1.74 (13-Jun-2019 - 12-Sep-2019) 0.45 (26-Mar-2020 - 25-Jun-2020)
Year 5.02 (10-Jun-2019 - 09-Jun-2020) 4.69 (04-Jul-2019 - 03-Jul-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 4.07 0.28 -4.34 -7.86 -- --
Debt: Ultra Short Duration* 6.06 1.64 1.69 4.08 1.00 1.98
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 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 1 15 1 26
Modified Duration (yrs) -- 0.28 0.01 --
Average Maturity (yrs) 0.00 0.30 0.00 --
Yield to Maturity (%) 3.06 7.30 0.75 --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 84-D 20/08/2020 Treasury Bills SOV 0.00 - 16.64 16.64

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

— Piyush Baranwal since 24-May-2019

Education: Mr.Piyush Baranwal is a B. Tech. in Electronics and communication from Manipal Institute of Technology,Manipal.He completed PGDBM in Finance from S.P.Jain Institute of Management and Reserch and CFA.

Experience: Prior to joining YES Mutual Fund he has worked with BOI AXA, Morgan Stanley Investment Management (Jan, 2011-June, 2014) and Principal Pnb AMC as a Dealer- Fixed Income (May, 2008-Jan, 2011).

Funds Managed:


0.01%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 1,052.3716

Dividend Weekly: ₹ 1,001.5214

More

Dividend Monthly: ₹ 1,002.4599

Dividend Fortnightly: ₹ 1,001.3967

Dividend Daily: ₹ 1,001.4423


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 (₹) 1
Exit Load 0

Basic Details

Fund House: YES Mutual Fund
Launch Date: 06-Jun-2019
Return Since Launch: 4.78%
Benchmark: CRISIL Ultra ST Debt
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 3 Cr (As on 30-Jun-2020)
Expense: 1.32% (As on 31-May-2020)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily09-Jul-20200.0762

 08-Jul-20200.0425
 07-Jul-20200.0523
 06-Jul-20200.1416
 03-Jul-20200.0374
 02-Jul-20200.0310
 01-Jul-20200.0556
 30-Jun-20200.0597
 29-Jun-20200.0878
 26-Jun-20200.0245
 25-Jun-20200.0259
 24-Jun-20200.0711
 23-Jun-20200.0461
 22-Jun-20200.1307
 19-Jun-20200.0519
 18-Jun-20200.0452
 17-Jun-20200.0631
 16-Jun-20200.0468
 15-Jun-20200.1383
 12-Jun-20200.0522
 11-Jun-20200.0642
 10-Jun-20200.0624
 09-Jun-20200.0413
 08-Jun-20200.1562
 05-Jun-20200.0414
Dividend Fortnightly07-Jul-20200.5734

 23-Jun-20200.6866
 09-Jun-20200.6482
 26-May-20200.6963
 12-May-20200.9574
 28-Apr-20200.8413
 15-Apr-20200.5473
 31-Mar-20200.7426
 17-Mar-20202.6279
 03-Mar-20201.1453
 18-Feb-20201.3844
 04-Feb-20201.2706
 21-Jan-20201.1646
 07-Jan-20201.3740
 24-Dec-20191.1612
 10-Dec-20191.2402
 26-Nov-20191.1083
 13-Nov-20191.2796
 30-Oct-20191.6876
 15-Oct-20191.6824
 01-Oct-20191.5305
 17-Sep-20191.3359
 04-Sep-20191.7700
 20-Aug-20191.7932
 06-Aug-20192.0863
Dividend Weekly07-Jul-20200.3111

 30-Jun-20200.2568
 23-Jun-20200.3357
 16-Jun-20200.3561
 09-Jun-20200.3094
 02-Jun-20200.3160
 26-May-20200.3312
 19-May-20200.4021
 12-May-20200.4606
 05-May-20200.5302
 28-Apr-20200.3558
 21-Apr-20200.3795
 15-Apr-20200.3978
 07-Apr-20200.1088
 31-Mar-20200.1663
 24-Mar-20200.5925
 17-Mar-20200.5322
 11-Mar-20202.0754
 03-Mar-20200.5424
 25-Feb-20200.6727
 18-Feb-20200.6680
 11-Feb-20200.6977
 04-Feb-20200.6023
 28-Jan-20200.6965
 21-Jan-20200.6096
Dividend Monthly15-Jun-20201.3974

 15-May-20202.0334
 15-Apr-20201.6511
 16-Mar-20203.7546
 17-Feb-20203.1296
 15-Jan-20202.7121
 16-Dec-20192.5190
 15-Nov-20193.2592
 15-Oct-20193.3587
 16-Sep-20193.1314
 16-Aug-20194.5998
 15-Jul-20194.9947

News & Analysis

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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