Ultra Short Duration Fund - An open ended ultra-short term debt scheme investing in debt & money market instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months. A relatively low interest rate risk and moderate credit risk.
(as on January 31, 2023)
SCHEME OBJECTIVE | 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. |
DATE OF ALLOTMENT | September 16, 2003 |
BENCHMARK | CRISIL Ultra Short Duration Fund BI Index |
FUND MANAGER | 1) Ms. Suman Prasad 2) Mr. Avnish Jain |
TOTAL EXPERIENCE | 1) 24 Years 2) 27 Years |
MANAGING THIS FUND | 1) Since 12-April-11 2) Since 01-April-22 |
ASSET ALLOCATION | Debt and Money Market instruments- 0% to 100% (Risk- Low to Medium) Reits / Invits- 0% to 10% (Risk- Medium to High) |
MINIMUM INVESTMENT | ₹500 and in multiples of ₹ 1 thereafter. Subsequent purchases: Minimum amount of ₹ 500 and multiples of ₹ 1 thereafter. SIP: For Any date/monthly frequency – ₹ 500 and in multiples of ₹ 1 thereafter For quarterly frequency – ₹ 500 and in multiples of ₹ 1 thereafter STP: The minimum amount for STP will be subject to the minimum investment amount as detailed in switch-in scheme SWP: ₹ 100 and in multiples of ₹ 1 thereafter |
PLANS / OPTIONS | Regular Plan - Daily Reinvestment of Income Distribution cum Capital Withdrawal Option Regular Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal Option Regular Plan - Weekly Payout of Income Distribution cum Capital Withdrawal Option Regular Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal Option Regular Plan - Monthly Payout of Income Distribution cum Capital Withdrawal Option Regular Plan - Payout of Income Distribution cum Capital Withdrawal Option Regular Plan - Growth Option Direct Plan - Daily Reinvestment of Income Distribution cum Capital Withdrawal Option Direct Plan - Weekly Reinvestment of Income Distribution cum Capital Withdrawal Option Direct Plan - Weekly Payout of Income Distribution cum Capital Withdrawal Option Direct Plan - Monthly Reinvestment of Income Distribution cum Capital Withdrawal Option Direct Plan - Monthly Payout of Income Distribution cum Capital Withdrawal Option Direct Plan - Payout of Income Distribution cum Capital Withdrawal Option Direct Plan - Growth Option |
ENTRY LOAD | Nil |
EXIT LOAD | Nil |
EXPENSE RATIO^: |
Regular Plan : 0.95% Direct Plan : 0.40% |
Monthend AUM# | ₹ 579.43 Crores |
Monthly AVG AUM | ₹ 596.97 Crores |
(as on January 31, 2023) | (₹) |
Direct Plan - Daily IDCW (reinvestment) | 1,240.7100 |
Direct Plan - Growth Option | 3,405.4658 |
Direct Plan - IDCW (payout/reinvestment) | 1,949.2814 |
Direct Plan - Monthly IDCW (payout/reinvestment) | 1,000.9959 |
Regular Plan - IDCW (payout) | 1,332.8056 |
Regular Plan - Daily IDCW (reinvestment) | 1,240.7100 |
Regular Plan - Growth Option | 3,244.2863 |
Regular Plan - Monthly IDCW (payout/reinvestment) | 1,000.9050 |
Regular Plan - Weekly IDCW (payout/reinvestment) | 1,241.8328 |
Direct Plan - Weekly IDCW (payout/reinvestment) | 1,241.9441 |
Annualised Portfolio YTM | 7.32% |
Modified Duration | 0.38 Years |
Residual Maturity | 0.41 Years |
Macaulay Duration | 0.41 Years |
Name of the Instruments |
Rating |
% to NAV |
Money Market Instruments |
34.63 |
|
HDFC Bank Ltd |
A1+(CARE) |
4.20 |
Kotak Mahindra Bank Ltd |
A1+(CRISIL) |
4.19 |
Export-Import Bank Of India |
A1+(CRISIL) |
4.14 |
Housing Development Finance Corporation Ltd |
A1+(ICRA) |
4.13 |
State Bank Of India |
A1+(IND) |
4.12 |
Bank of Baroda |
A1+(IND) |
4.07 |
ICICI Bank Ltd |
A1+(ICRA) |
4.07 |
Axis Bank Ltd |
A1+(CRISIL) |
4.06 |
ICICI Bank Ltd |
A1+(ICRA) |
1.65 |
Debt Instruments |
46.45 |
|
Larsen & Toubro Ltd |
AAA(CRISIL) |
6.03 |
NTPC Ltd |
AAA(CRISIL) |
5.17 |
Bajaj Finance Ltd |
AAA(CRISIL) |
4.31 |
Power Finance Corporation Ltd |
AAA(CRISIL) |
4.31 |
REC Ltd |
AAA(CRISIL) |
4.31 |
Reliance Industries Ltd |
AAA(CRISIL) |
4.31 |
LIC Housing Finance Ltd |
AAA(CARE) |
4.30 |
National Bank For Agriculture & Rural Development |
AAA(IND) |
4.28 |
National Housing Bank |
AAA(CRISIL) |
4.26 |
Housing Development Finance Corporation Ltd |
AAA(CRISIL) |
1.73 |
National Housing Bank |
AAA(CRISIL) |
1.72 |
Sundaram Finance Ltd |
AAA(CRISIL) |
1.72 |
Government Securities |
3.46 |
|
8.21% RAJASTHAN SDL UDAY 31-MAR-23 |
Sovereign |
3.46 |
Treasury Bills |
8.23 |
|
Tri - party repo |
4.76 |
|
Other Current Assets |
2.47 |
|
Grand Total ( Net Asset) |
100.00 |
% Allocation |
|
Net Current Assets |
2.46% |
0 to 3 Months |
44.41% |
3 to 6 Months | 14.40% |
6 to 12 Months | 38.74% |
This product is suitable for investors who are seeking*: | |
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*Investors should consult their financial advisers if in doubt about whether the product is suitable for them. |
$ Source ICRA MFI Explorer | # Monthend AUM / Quantitative Information as on 31.01.2023 | ^The expense ratios mentioned for the schemes includes GST on investment management fees. Please click here for disclaimers.