| CATEGORY OF SCHEME | Ultra Short Duration |
| INVESTMENT OBJECTIVE | The investment objective of the Scheme is to generate regular income and capital appreciation through investment in a portfolio of short term debt & money market instruments such that the Macaulay duration of the portfolio is between 3 - 6 months. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved. |
| Inception Date (Date of Allotment): | 05-May-2021 |
| Benchmark: | CRISIL Ultra Short Duration Debt A-I Index |
| Minimum Application Amount: | Rs.5,000/- and in multiples of Rs. 1/- thereafter |
| Load Structure: | Entry Load: Nil Exit Load: Nil |
| Total Expense Ratio (TER): | Including Additional Expenses and Goods and Service
Tax on Management Fees |
| Fund Manager | Mr. Vikrant Mehta (Since 05-May-2021) Total Experience: 28 years |
| AUM (in Rs. Cr): | 119.77 |
| AAUM (in Rs. Cr): | 117.50 |
| Average Maturity: | 150 Days |
| Macaulay Duration: | 150 Days |
| Modified Duration: | 147 Days |
| Yield to Maturity: | 7.16% |
Regular Plan
(in Rs.) |
Direct Plan
(in Rs.) |
|
| Growth | 1,077.0343 |
1,095.3441 |
| Daily IDCW | 1,001.0000 |
1,001.0000 |
| Weekly IDCW | 1,001.4035 |
1,001.4732 |
| Fortnightly IDCW | 1,001.2246 |
1,001.2721 |
| Monthly IDCW | 1,001.2238 |
1,001.2708 |
| Annual IDCW | 1,077.0522 |
1,096.1876 |
| Name of Instrument | Ratings |
Market Value (Rs. Lakhs) |
% to NAV |
Debt Instrument |
|||
Certificate of Deposit |
|||
Axis Bank Limited |
CRISIL A1+ |
1371.52 |
11.45 |
ICICI Bank Limited |
ICRA A1+ |
1068.38 |
8.92 |
HDFC Bank Limited |
CARE A1+ |
997.27 |
8.33 |
Canara Bank |
CRISIL A1+ |
978.98 |
8.17 |
Bank of Baroda |
FITCH A1+ |
599.54 |
5.01 |
Commercial Paper |
|||
Housing Development Finance Corporation Limited |
ICRA A1+ |
1322.62 |
11.04 |
Corporate Bond |
|||
Bharat Petroleum Corporation Limited |
CRISIL AAA |
1105.64 |
9.23 |
National Bank For Agriculture and Rural Development |
ICRA AAA |
1032.36 |
8.62 |
Indian Railway Finance Corporation Limited |
CRISIL AAA |
199.95 |
1.67 |
Treasury Bill |
|||
91 Days Tbill (MD 20/07/2023) |
SOVEREIGN |
1280.91 |
10.69 |
Reverse Repo/TREPS |
|||
Clearing Corporation of India Ltd |
NA |
1967.63 |
16.43 |
Net Current Assets |
NA |
52.13 |
0.44 |
Total Net Assets |
100.00 |
Value of Investment of 10,000 |
||||||
| Period | Fund Returns (%) |
Benchmark Returns (%) |
Additional Benchmark Returns (%) |
Fund () |
Benchmark () |
Additional Benchmark () |
Regular - Growth |
||||||
Last 1 Year |
4.94% |
6.06% |
5.01% |
10,493 |
10,604 |
10,499 |
Since Inception |
3.82% |
5.01% |
4.33% |
10,770 |
11,016 |
10,876 |
Direct - Growth |
||||||
Last 1 Year |
5.83% |
6.06% |
5.01% |
10,582 |
10,604 |
10,499 |
Since Inception |
4.70% |
5.01% |
4.33% |
10,953 |
11,016 |
10,876 |
Past performance may or may not be sustained in future. Different Plans i.e. Regular Plan and Direct Plan under the scheme have different expense structure. Benchmark: CRISIL Ultra Short Duration Debt A-I Index Additional Benchmark: CRISIL 1 Year T-Bill Index. Fund Manager: Mr. Vikrant Mehta is managing the scheme since its inception 5th May 2021. Returns less than 1 year period are simple annualized and greater than 1 year are compounded annualized. Inception date of the scheme (05-May-2021). Face Value per unit: Rs. 1000
Record Date |
Plan(s) Option(s) |
Individuals/ HUF (IDCW) (Rs per unit) |
Others (IDCW) (Rs per unit) |
Cum-IDCW NAV (Rs per unit) |
27-Feb-23 |
Regular Plan - Monthly IDCW Option | 4.2811 |
4.2811 |
1005.2811 |
27-Feb-23 |
Direct Plan - Monthly IDCW Option | 5.0240 |
5.0240 |
1006.0240 |
27-Mar-23 |
Regular Plan - Monthly IDCW Option | 4.9592 |
4.9592 |
1005.9592 |
27-Mar-23 |
Direct Plan - Monthly IDCW Option | 5.5920 |
5.5920 |
1006.5920 |
25-Apr-23 |
Regular Plan - Monthly IDCW Option | 6.4635 |
6.4635 |
1007.4635 |
25-Apr-23 |
Direct Plan - Monthly IDCW Option | 7.1365 |
7.1365 |
1008.1365 |
Pursuant to payment of IDCW, the NAV of the IDCW Option(s) of the Scheme/Plan(s) falls to the extent of payout and statutory levy, if any. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. For complete list of IDCW, visit www.itiamc.com.
THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING^
- Regular income over short term
- Investments in debt and money market instruments, such that the Macaulay duration of the portfolio is between 3 months - 6 months.
^Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Face Value per Unit: Rs. 1000 unless otherwise specified Data is as of April 28, 2023 unless otherwise specified.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully