Analyst’s Choice
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
---|---|---|---|---|---|---|
Tata Ultra Short Term Fund - Direct Plan
|
Moderate
|
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0.37 |
|||
Moderate
|
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0.39 |
||||
Moderate
|
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0.38 |
||||
Low to Moderate
|
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0.32 |
||||
Moderate
|
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0.43 |
₹2,531 Cr
--
5,000
500
500
12
Investment Strategy
The scheme seeks to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.
Suitability
"Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.
They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.
The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run."
Capital Gains Taxation
Dividend Taxation
Tata Ultra Short Term Fund - Direct Plan is mandated to invest in bonds such that the duration of the portfolio is between three to six months.
Mutual funds can be bought directly from the website of the fund house. For instance, Tata Ultra Short Term Fund - Direct Plan fund can be purchased from the website of Tata Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Tata Ultra Short Term Fund - Direct Plan is ₹13.9149 as of 14-Aug-2024.
The AUM of Tata Ultra Short Term Fund - Direct Plan Fund is ₹2,531 Cr as of 31-Jul-2024
The riskometer level of Tata Ultra Short Term Fund - Direct Plan is Moderate. See More
Company | Percentage of Portfolio |
---|---|
Small Industries Devp. Bank of India Ltd CD 11/12/2024 |
6.73
|
Kotak Mahindra Bank Ltd CD 27/09/2024 |
5.47
|
Reserve Bank of India T-Bills 182-D 12/12/2024 |
3.86
|
HDFC Bank Ltd CD 06/12/2024 |
3.85
|
Reserve Bank of India T-Bills 182-D 09/01/2025 |
3.27
|
As of 31-Jul-2024, Tata Ultra Short Term Fund - Direct Plan had invested 98.27% in Debt and 1.73% in Cash & Cash Eq. See More
Tata Ultra Short Term Fund - Direct Plan is 5 years 6 months old. It has delivered 6.12% returns since inception. See More
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
---|---|---|---|---|---|
7.64%
|
6.22%
|
5.87%
|
--
|
--
|
6.12%
|
No, There is no lock in period in Tata Ultra Short Term Fund - Direct Plan.
The expense ratio of Tata Ultra Short Term Fund - Direct Plan is 0.37.