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UTI Short Term Income Fund - Regular Plan


1 Lakh

Investment declined to
₹ 0.96 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.19 Lakh

Analyst's Choice?

Suitability:

Short Duration debt funds are suitable to invest your money for a duration of 1 year to 3 years. You can expect to earn higher returns than what a bank fixed deposit of a similar duration can fetch.

The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.

Remember, these are suitable only to invest for a short time frame of up to 3 years. Do not invest in this, or any other Short Duration fund, 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 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 0.68 0.05 0.30 0.74 1.87 4.49 -3.64 2.59 5.13 6.46 7.38
CCIL T Bill Liquidity Weight 0.24 0.00 0.07 0.28 0.84 1.91 4.21 4.15 4.45 4.78 4.69
Debt: Short Duration 0.45 0.06 0.27 0.55 1.30 3.00 4.72 5.35 6.52 7.27 7.51
Rank within category 10 20 10 12 9 7 25 23 22 18 13
Number of funds in category 29 29 29 29 29 29 28 26 26 25 19

As on 24-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.97 (10-Jun-2019 - 17-Jun-2019) -13.17 (03-Jun-2019 - 10-Jun-2019)
Month 2.88 (10-Jun-2019 - 10-Jul-2019) -12.37 (10-May-2019 - 10-Jun-2019)
Quarter 4.94 (10-Jun-2019 - 09-Sep-2019) -11.42 (11-Mar-2019 - 10-Jun-2019)
Year 13.18 (18-May-2012 - 20-May-2013) -6.65 (08-Jun-2018 - 10-Jun-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 2.83 6.94 -0.42 -0.23 3.38 2.66
CCIL T Bill Liquidity Weight 4.08 0.26 -6.21 -10.52 -- --
Debt: Short Duration 5.45 2.99 0.30 0.77 3.48 5.45
Rank within category 24 25 22 20 10 22
Number of funds in category 27 27 27 27 27 27

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

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 41 64 29 57
Modified Duration (yrs) 2.00 3.09 1.18 2.04
Average Maturity (yrs) 2.32 3.90 1.45 2.49
Yield to Maturity (%) 7.30 9.72 7.13 7.45

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.35% REC 13/03/2022 Debenture AAA 0.00 - 6.63 6.63
equal 8.95% Punjab National Bank Bonds A 0.00 - 9.48 6.62
equal 8.02% Larsen & Toubro 22/05/2022 Non Convertible Debenture AAA 0.00 - 6.15 6.15
equal State Bank of India 2056 Debenture AA+ 1.76 - 9.89 5.07
equal 8.05% HDFC 20/06/2022 Debenture AAA 0.00 - 4.97 4.97
equal 9.14% Bank of Baroda Bonds AA 1.42 - 5.72 4.94
equal 6.99% HUDCO 2022 Debenture AAA 0.00 - 4.90 4.90
new Tata Power Renewable Energy 98-D 16/03/2020 Commercial Paper A1+ 0.00 - 4.82 4.82
equal 6.80% SIDBI 29/09/2022 Debenture AAA 0.00 - 4.27 4.27
equal 8.18% Power Finance Corp. 19/03/2022 Debenture AAA 0.00 - 4.48 3.97
equal 8.30% Reliance Industries 2022 Debenture AAA 0.00 - 3.51 3.51
equal 7.85% National Bank Agr. Rur. Devp 23/05/2022 Non Convertible Debenture AAA 0.00 - 5.43 3.49
equal 7.45% LIC Housing Fin. 13/01/2023 Debenture AAA 0.00 - 2.93 2.93
equal 8.27% Rajasthan State 23/06/2022 State Development Loan SOV 1.02 - 2.53 2.53
equal 7.69% National Bank Agr. Rur. Devp 29/05/2024 Non Convertible Debenture AAA 0.00 - 2.50 2.50
equal 7.89% SIDBI 15/11/2022 Non Convertible Debenture AAA 0.00 - 8.67 2.49
equal 7.17% Reliance Industries 2022 Non Convertible Debenture AAA 0.00 - 2.45 2.45
new 7.05% National Housing Bank 18/12/2024 Non Convertible Debenture AAA 0.00 - 2.45 2.45
new Export-Import Bank 2020 Certificate of Deposit A1+ 0.00 - 2.31 2.31
down 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 0.00 - 3.06 2.19
equal 7.90% National Bank Agr. Rur. Devp 18/04/2022 Non Convertible Debenture AAA 0.00 - 2.00 2.00
new First Business Receivable Trust Structured Obligation AAA 0.00 - 1.90 1.90
equal 7.68% Madhya Pradesh State 22/03/2023 State Development Loan SOV 0.00 - 1.75 1.75
equal 8.18% Haryana State 15/06/2022 State Development Loan SOV 0.60 - 2.33 1.26
equal 7.50% Power Finance Corp. 16/08/2021 Debenture AAA 0.00 - 1.23 1.23

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-2019

Fund Manager

— Sudhir Agrawal since 09-Jul-2012

Education: Mr.Sudhir Agrawal is a M.Com, PGDBA (Finance) and a CFA.

Experience: Prior to joining UTI he has worked with TATA Asset Management Ltd., Tramp Value Pvt. Ltd. and CARE Ratings.

Interviews:

Funds Managed:


0.05%

Change from previous, NAV as on 24-Jan-2020

Growth: ₹ 21.3389

Flexi Dividend: ₹ 13.0659

More

Dividend Yearly: ₹ 10.3180

Dividend Quarterly: ₹ 11.9409

Dividend Monthly: ₹ 9.6138

Dividend Half Yearly: ₹ 10.1999


Investment Strategy

The scheme seeks to generate reasonable income, with low risk and high level of liquidity from a portfolio of debt & money market instruments.

Investment Details

Minimum Investment (₹) 10,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) 1,000
Exit Load 3% for redemption within 79 days
2% for redemption between 80 - 179 days
1% for redemption between 180 - 364 days

Basic Details

Fund House: UTI Mutual Fund
Launch Date: 28-Aug-2007
Return Since Launch: 7.35%
Benchmark: CRISIL Short-Term Bond
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 2,049 Cr (As on 31-Dec-2019)
Expense: 0.79% (As on 31-Dec-2019)
Risk Grade: High
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly03-Jun-20190.0432

 02-May-20190.0432
 02-Apr-20190.0432
 01-Mar-20190.0432
 01-Feb-20190.0432
 01-Jan-20190.0432
 03-Dec-20180.0432
 01-Nov-20180.0432
 01-Oct-20180.0432
 03-Sep-20180.0432
 01-Aug-20180.0432
 02-Jul-20180.0432
 01-Jun-20180.0432
 02-May-20180.0432
 03-Apr-20180.0504
 01-Mar-20180.0506
 01-Feb-20180.0506
 01-Jan-20180.0506
 04-Dec-20170.0506
 01-Nov-20170.0506
 03-Oct-20170.0506
 01-Sep-20170.0506
 01-Aug-20170.0506
 03-Jul-20170.0506
 01-Jun-20170.0506
Dividend Half Yearly25-Mar-20190.2161

 25-Sep-20180.0936
 26-Mar-20180.1806
 25-Sep-20170.2167
 22-Mar-20170.2889
 26-Sep-20160.2167
Dividend Quarterly25-Mar-20190.1441

 26-Dec-20180.0864
 25-Sep-20180.0720
 26-Jun-20180.0216
 26-Mar-20180.1083
 26-Dec-20170.1083
 25-Sep-20170.1083
 28-Jun-20170.1083
 22-Mar-20170.1806
 26-Dec-20160.1083
 26-Sep-20160.1083
 27-Jun-20160.1083
 28-Mar-20160.2528
 28-Dec-20150.0722
 28-Sep-20150.0722
 25-Jun-20150.0722
 26-Mar-20150.1452
 29-Dec-20140.1815
 25-Sep-20140.1948
 26-Jun-20140.1753
 26-Mar-20140.1948
 30-Dec-20130.2338
 30-May-20130.1314
 25-Mar-20130.1762
 27-Dec-20120.1542
Dividend Yearly25-Mar-20190.3241

 26-Mar-20180.3972
 22-Mar-20170.5056
 28-Mar-20160.3972
Flexi Dividend25-Mar-20190.3241

 25-Sep-20140.0264
 03-Sep-20140.5954

Contact Information

AMC: UTI Asset Management Company Ltd

Address: UTI Tower, 'GN' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051

Phone: 022- 66786666 / 66786354 / 1800-22-1230

Fax: 022-26523031

Email: [email protected]

Website: www.utimf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

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dateFriday, 31-Jan-2020
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