ITI Ultra Short Duration Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Ultra Short Duration Fund category.

The NAV for ITI Ultra Short Duration Fund Fund is 1,144.544 as of 16 Apr 2024. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given % annualized return for the last 3 years.

At present ITI Ultra Short Duration Fund has not been rated by us.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of      for

Below table shows comparison of ITI Ultra Short Duration Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of 36,000 over the period of 3 years.

Total Value Gain Return %
Bank FD

39,824

3,824

6.5%
Gold

40,770

4,770

8.00%

Fund Information

  • As of 31 Jan 2024, fund size of ITI Ultra Short Duration Fund is 129.85 Cr.

  • ITI Ultra Short Duration Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 0.95%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • ITI Ultra Short Duration Fund is an Debt oriented mutual fund in the - Ultra Short Duration Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for ITI Ultra Short Duration Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 05 May 2021 as at present it is 3 years old fund.

  • Name of the AMC is ITI Mutual Fund. Click here to know more about ITI Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. ITI Ultra Short Duration Fund managed by following fund manager(s);

How does the Return Comparison of the ITI Ultra Short Duration Fund fare against peer funds in the Ultra Short Duration fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by ITI Ultra Short Duration Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Ultra Short Duration fund category these peer funds belongs to.

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.37% 0.91% 5.14% 5.14% 7.21% 5.80% 6.36% 6.87% 7.47%
Category Average 0.30% 0.79% 4.13% 4.54% 6.54% 5.04% 4.64% 5.39% 6.45%
ITI Ultra Short Duration Fund 0.14% 0.66% 1.70% 3.36% - - - - - -
ICICI Prudential Ultra Short Term Fund 0.18% 0.80% 2.03% 3.74% 7.30% 6.39% 5.55% 6.05% 7.85%
ICICI Prudential Ultra Short Term Fund 0.18% 0.80% 2.03% 3.74% 7.30% 6.39% 5.55% 6.05% 7.85%
Aditya Birla Sun Life Savings Fund 0.21% 0.86% 2.07% 3.84% 7.55% 6.59% 5.75% 6.21% 7.33%
Aditya Birla Sun Life Savings Fund 0.21% 0.86% 2.07% 3.84% 7.55% 6.59% 5.75% 6.21% 7.33%
HDFC Ultra Short Term Fund 0.19% 0.78% 1.97% 3.69% 7.25% 6.34% 5.42% 5.78% -

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of ITI Ultra Short Duration Fund are shown below;

Equity -

Debt 67.42%

Others 32.58%

Top Holdings

Name of the InstrumentHolding Percentage
ICICI SECURITIES LIMITED 280D CP 22MAR24 10.28%
GOVERNMENT OF INDIA 09008 GOI 22JU24 7.35 FV RS 100 7.71%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 21F 5.44 LOA 05FB24 FVRS10LAC 7.01%
BHARAT PETROLEUM CORPORATION LTD. SERIES I 8.02 LOA 11MR24 FVRS 1000000 6.55%
OIL AND NATURAL GAS CORPORATION LIMITED SR IV 4.50 NCD 09FB24 FVRS10LAC LOAUPTO08FB21 5.39%
Others 63.06%

Allocation by Instruments

Type of the InstrumentHolding Percentage
COMMERCIAL PAPER 10.28%
GOVERNMENT SECURITIES 8.09%
BOND 13.56%
DEBENTURE 12.20%

Portfolio Holdings shown is as of 31 Jan 2024

Riskometer

Investors understand that their principal
will be at Low to Moderate risk