(As of 15 May, 2022)
CRISIL Ultra Short Duration Fund TR INR
Investors understand that their principal will be at Risk.
The primary objective of the Scheme is to generate regular income by investing in a portfolio of debt and money market instruments such that the Macaulay duration of the portfolio is between 3 months – 6 months. However, there can be no assurance that the investment objective of the Scheme will be realized.
N / A
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Power Finance Corporation Ltd.
Small Industries Development Bank Of India
Indian Oil Corporation Limited
182 Dtb 25082022
Ultra Short Duration Mutual Funds invest in very short term debt securities with a small portion in longer term debt securities. Ultra Short Duration Mutual Fund maybe used by investors for both short term needs as well as Systematic Transfer Plans (STPs) as they hep investors avoid interest rate risks and offer better returns than most money market instruments. They invest in securities with a maturity period of both greater and less than 91 days and the typical investment horizon ranges from 1 week to 18 months. The returns from these attract capital gains which are taxable.
This fund is rated 0 stars by Morning Star Ratings.