Item: Tata Ultra Short Term Fund Direct Monthly Rnvstmnt of Inc Dist cum Cap Wdrl
Rating: 4
Author: Morningstar

Home › Mutual Funds › Tata Mutual Fund › Tata Ultra Short Term Fund Direct Monthly Rnvstmnt of Inc Dist cum Cap Wdrl

13.668 (0.026%)

NAV on April 18, 2024

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 1,978 cr

Turnover Ratio 236.83%

Expense Ratio 0.31%

Exit Load -

Returns

1M: 0.63%
1Y: 7.50%
3M: 1.90%
3Y: 6.06%
6M: 3.77%
5Y: 6.04%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Akhil Mittal (Since about 5 years)

ISIN INF277K013T6

Fund Family Tata

Launch Date January 23, 2019

Benchmark CRISIL Ultra Short Dura Debt B-I TR INR

Avg. Maturity 0.41 years

Yield To Maturity (%) 7.76%

INVESTMENT OBJECTIVE

The investment objective of the Scheme is to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Rated
Top Performing

Top Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Aditya Birla Sun Life Savings Fund Direct Plan Growth	508.612	7.70%	11,837 cr	0.34%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	27.356	7.66%	12,907 cr	0.39%	Below Average
Axis Ultra Short Term Fund Direct Growth	14.266	7.65%	4,064 cr	0.29%	Below Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4156.171	7.55%	2,093 cr	0.43%	High
HDFC Ultra S/T Fund Direct Growth	14.153	7.52%	12,537 cr	0.36%	Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	2630.082	7.51%	614 cr	0.24%	Average
Kotak Savings Fund Direct Growth	41.089	7.46%	12,372 cr	0.37%	Average

Best Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Axis Ultra Short Term Fund Direct Growth	14.266	7.65%	4,064 cr	0.29%	Below Average
DSP Ultra Short Fund Direct Plan Growth	3380.881	7.64%	2,228 cr	0.3%	Average
Tata Ultra Short Term Fund Direct Growth	13.598	7.63%	1,978 cr	0.31%	Below Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1206.688	7.62%	1,003 cr	0.22%	Below Average