Ultra Short Duration Fund
Fund Type
Open Ended
Investment Plan
Dividend Payout
Expense Ratio
1%
Asset Size
604.84 Cr.
(As of 15 Jan, 2023)
Benchmark
CRISIL Ultra Short Duration Fund TR INR
Riskometer
Investors understand that their principal will be at Low to Moderate Risk.
To generate returns by investing in a wide range of debt securities and money market instruments of various maturities and risk profile. However, there is no assurance that the objective of the Fund will be realised.
Fund manager
Suman Prasad
Exit load
N / A
Minimum sip
₹500
Minimum investment
₹500
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.
364 Dtb 19012023
8.18%
Kotak Mahindra Prime Limited
5.74%
Ntpc Limited
4.91%
Rec Limited
4.10%
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 2 stars by Morning Star Ratings.