| 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. Rajesh Bhatia (Since 15-Nov-2024) Total Experience: 31 years |
| AUM (in Rs. Cr): | 199.69 |
| AAUM (in Rs. Cr): | 187.15 |
| Average Maturity: | 108 Days |
| Macaulay Duration: | 104 Days |
| Modified Duration: | 98 Days |
| Yield to Maturity: | 7.07% |
Regular Plan
(in Rs.) |
Direct Plan
(in Rs.) |
|
| Growth | 1,189.5728 |
1,226.1908 |
| Daily IDCW | 1,001.6697 |
NA |
| Weekly IDCW | 1,002.1678 |
NA |
| Fortnightly IDCW | 1,002.1693 |
NA |
| Monthly IDCW | 1,002.1748 |
NA |
| Annual IDCW | 1,189.6193 |
1,227.7237 |
| Name of Instrument | Ratings |
Market Value (Rs. Lakhs) |
% to NAV |
Debt Instrument |
|||
Certificate of Deposit |
|||
Punjab National Bank |
CRISIL A1+ |
1966.64 |
9.85 |
ICICI Bank Limited |
ICRA A1+ |
1679.95 |
8.41 |
State Bank of India |
CRISIL A1+ |
1492.66 |
7.48 |
Canara Bank |
CRISIL A1+ |
1198.86 |
6.00 |
Small Industries Dev Bank of India |
CARE A1+ |
998.11 |
5.00 |
Kotak Mahindra Bank Limited |
CRISIL A1+ |
993.62 |
4.98 |
Corporate Bond |
|||
HDFC Bank Limited |
CRISIL AAA |
2189.97 |
10.97 |
National Bank For Agriculture and Rural Development |
CRISIL AAA |
1473.79 |
7.38 |
Power Grid Corporation of India Limited |
CRISIL AAA |
1259.81 |
6.31 |
Bharat Petroleum Corporation Limited |
CRISIL AAA |
247.74 |
1.24 |
Larsen & Toubro Limited |
CRISIL AAA |
99.99 |
0.50 |
Corporate Debt Market Development Fund |
|||
Corporate Debt Market Development Fund Class A2 |
47.06 |
0.24 |
|
Government Bond |
|||
6.89% GOI (MD 16/01/2025) |
SOVEREIGN |
1000.08 |
5.01 |
Treasury Bill |
|||
364 Days Tbill (MD 30/01/2025) |
SOVEREIGN |
494.74 |
2.48 |
Reverse Repo/TREPS |
|||
Clearing Corporation of India Ltd |
NA |
4547.17 |
22.77 |
Net Current Assets |
NA |
278.55 |
1.39 |
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 7 days | 6.12% |
6.76% |
8.49% |
10,012 |
10,013 |
10,016 |
| Last 15 days | 5.83% |
6.71% |
7.70% |
10,024 |
10,028 |
10,032 |
| Last 30 days | 6.22% |
6.91% |
7.54% |
10,049 |
10,055 |
10,060 |
| Last 3 Months | 6.44% |
7.26% |
7.17% |
10,161 |
10,181 |
10,179 |
| Last 6 Months | 6.41% |
7.33% |
7.60% |
10,319 |
10,366 |
10,379 |
| Last 1 Year | 6.58% |
7.64% |
7.56% |
10,658 |
10,764 |
10,756 |
| Last 3 Years | 5.42% |
6.58% |
6.08% |
11,715 |
12,106 |
11,936 |
| Since Inception | 4.98% |
6.12% |
5.65% |
11,896 |
12,364 |
12,170 |
Direct - Growth |
||||||
| Last 7 days | 6.94% |
6.76% |
8.49% |
10,013 |
10,013 |
10,016 |
| Last 15 days | 6.66% |
6.71% |
7.70% |
10,027 |
10,028 |
10,032 |
| Last 30 days | 7.03% |
6.91% |
7.54% |
10,056 |
10,055 |
10,060 |
| Last 3 Months | 7.29% |
7.26% |
7.17% |
10,182 |
10,181 |
10,179 |
| Last 6 Months | 7.27% |
7.33% |
7.60% |
10,363 |
10,366 |
10,379 |
| Last 1 Year | 7.49% |
7.64% |
7.56% |
10,749 |
10,764 |
10,756 |
| Last 3 Years | 6.32% |
6.58% |
6.08% |
12,017 |
12,106 |
11,936 |
| Since Inception | 5.87% |
6.12% |
5.65% |
12,262 |
12,364 |
12,170 |
Past performance may or may not be sustained in future and is not a guarantee of any future returns, and should not be used as a basis of comparison with other investments. The performance data for 3 years period has not been provided, since scheme is in existence for less than 3 years. In case, the start / end date of the concerned period is a non-business date (NBD), the NAV of the previous date is considered for computation of returns. 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. Rajesh Bhatia (Since 15-Nov-2024). Inception date of the scheme (05-May-2021). Face Value per unit: Rs. 1000. Since the scheme is in existence for more than 3 years but less than 5 years hence performance data for 5 years and more is not provided.
ITI Ultra Short Duration Fund NAV as on November 29, 2024: Rs. 1189.5728 (Regular Growth Option), Rs. 1226.1908 (Direct Growth Option)
Record Date |
Plan(s) Option(s) |
Individuals/ HUF (IDCW) (Rs per unit) |
Others (IDCW) (Rs per unit) |
Cum-IDCW NAV (Rs per unit) |
26-Sep-24 |
Regular Plan - Monthly IDCW Option |
4.6625 |
4.6625 |
1006.1216 |
26-Oct-24 |
Regular Plan - Monthly IDCW Option |
5.3046 |
5.3046 |
1007.2816 |
26-Nov-24 |
Regular Plan - Monthly IDCW Option |
5.3205 |
5.3205 |
1006.9811 |
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.
*Please refer to Scheme Information Document where concept of Macaulay's Duration is explained
Face Value per Unit: Rs. 1000 unless otherwise specified Data is as of November 30, 2024 unless otherwise specified.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully