Tata Ultra Short Term Fund Regular Growth
DebtUltra Short DurationModerate Risk
Regular
NAV (05-Sep-24)
₹13.390.02%1D
Returns (Since Inception)
5.33%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹2,631 Cr
Expense Ratio
1.16%
ISIN
INF277K016S1
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
23 Jan 2019
About this fund
Tata Ultra Short Term Fund Regular Growth is a Ultra Short Duration mutual fund schemes offered by Tata Mutual Fund. This fund has been in existence for 5 years, 7 months and 15 days, having been launched on 23-Jan-19.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹13.39, Assets Under Management (AUM) of 2630.57 Crores, and an expense ratio of 1.16%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹13.39, Assets Under Management (AUM) of 2630.57 Crores, and an expense ratio of 1.16%.
- Tata Ultra Short Term Fund Regular Growth has given a CAGR return of 5.33% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 27.85% in debts, and 71.94% in cash & cash equivalents.
- You can start investing in Tata Ultra Short Term Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+6.77%
+6.46% (Cat Avg.)
3 Years
+5.41%
+5.54% (Cat Avg.)
5 Years
+5.03%
+5.07% (Cat Avg.)
Since Inception
+5.33%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2024
| Debt | ₹732.69 Cr | 27.85% |
| Others | ₹1,897.88 Cr | 72.15% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹170.93 Cr | 6.50% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹138.88 Cr | 5.28% |
| 182 DTB 12122024 | Bond - Gov't/Treasury | ₹97.89 Cr | 3.72% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹97.78 Cr | 3.72% |
| 182 DTB 09012025 | Bond - Gov't/Treasury | ₹83 Cr | 3.16% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹72.4 Cr | 2.75% |
| L & T Finance Holdings Limited | Cash - Commercial Paper | ₹72.06 Cr | 2.74% |
| Indinfravit Trust | Bond - Corporate Bond | ₹68.09 Cr | 2.59% |
| Motilal Oswal Finvest Limited | Bond - Corporate Bond | ₹50.26 Cr | 1.91% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹50.1 Cr | 1.90% |
| Mahindra Rural Housing Finance Limited | Bond - Corporate Bond | ₹49.95 Cr | 1.90% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹49.86 Cr | 1.90% |
| India (Republic of) | Bond - Short-term Government Bills | ₹49.76 Cr | 1.89% |
| 05.77 GJ Sdl 2025 02 Feb | Bond - Gov't/Treasury | ₹49.75 Cr | 1.89% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹49.55 Cr | 1.88% |
| Canara Bank | Cash - CD/Time Deposit | ₹48.79 Cr | 1.85% |
| Shriram Housing Finance Limited | Cash - Commercial Paper | ₹48.57 Cr | 1.85% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹48.52 Cr | 1.84% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹48.27 Cr | 1.83% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹48.07 Cr | 1.83% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹48.06 Cr | 1.83% |
| Small Industries Development Bank Of India | Cash - Commercial Paper | ₹48.05 Cr | 1.83% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹48.01 Cr | 1.82% |
| Dbs Bank India Limited | Cash - CD/Time Deposit | ₹47.98 Cr | 1.82% |
| Canara Bank | Cash - CD/Time Deposit | ₹47.95 Cr | 1.82% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹47.72 Cr | 1.81% |
| Pilani Investment And Industries Corporation Ltd. | Cash - Commercial Paper | ₹47.65 Cr | 1.81% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹46.75 Cr | 1.78% |
| PNb Housing Finance Limited | Bond - Corporate Bond | ₹40.1 Cr | 1.52% |
| Piramal Capital & Housing Finance Ltd. | Cash - Commercial Paper | ₹39.74 Cr | 1.51% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹35.11 Cr | 1.33% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹30.05 Cr | 1.14% |
| 05.52 AP Sdl 2024 | Bond - Gov't/Treasury | ₹29.98 Cr | 1.14% |
| Net Current Liabilities | Cash - Collateral | ₹29.52 Cr | 1.12% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹25.04 Cr | 0.95% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹25 Cr | 0.95% |
| Sundaram Bnp Paribas Home Finance Limited | Bond - Corporate Bond | ₹25 Cr | 0.95% |
| Larsen And Toubro Limited | Bond - Corporate Bond | ₹25 Cr | 0.95% |
| PNB Housing Finance Ltd. | Bond - Corporate Bond | ₹24.99 Cr | 0.95% |
| Godrej Properties Limited | Bond - Corporate Bond | ₹24.92 Cr | 0.95% |
| JM Financial Services Limited | Bond - Corporate Bond | ₹24.87 Cr | 0.95% |
| Julius Baer Capital (India) Private Limited | Cash - Commercial Paper | ₹24.85 Cr | 0.94% |
| NTPC Ltd. | Cash - Commercial Paper | ₹24.83 Cr | 0.94% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹24.83 Cr | 0.94% |
| Reliance Retail Ventures Limited | Cash - Commercial Paper | ₹24.81 Cr | 0.94% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.78 Cr | 0.94% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹24.5 Cr | 0.93% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹24.49 Cr | 0.93% |
| Hinduja Leyland Finance Limited | Cash - Commercial Paper | ₹24.49 Cr | 0.93% |
| Indostar Capital Finance Limited | Cash - Commercial Paper | ₹24.24 Cr | 0.92% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.23 Cr | 0.92% |
| Pilani Investment And Industries Corporation Ltd. | Cash - Commercial Paper | ₹24.17 Cr | 0.92% |
| Equitas Small Finance Bank Limited | Cash - CD/Time Deposit | ₹24.16 Cr | 0.92% |
| Barclays Investments & Loans (India) Private Limited | Cash - Commercial Paper | ₹24.14 Cr | 0.92% |
| National Bank for Agriculture and Rural Development | Cash - CD/Time Deposit | ₹24.1 Cr | 0.92% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹23.98 Cr | 0.91% |
| Canara Bank | Bond - Gov't Agency Debt | ₹23.94 Cr | 0.91% |
| Standard Chartered Securities India | Cash - Commercial Paper | ₹23.93 Cr | 0.91% |
| Standard Chartered Securities India Limited | Cash - Commercial Paper | ₹23.84 Cr | 0.91% |
| D) Repo | Cash - Repurchase Agreement | ₹21.96 Cr | 0.83% |
| (C) Treps | Cash - Repurchase Agreement | ₹6 Cr | 0.23% |
| SBIMF AIF - CAT II (CDMDF)27/10/2038 | Mutual Fund - Open End | ₹5.34 Cr | 0.20% |
| 06.69 MP Sdl 2025 | Bond - Gov't/Treasury | ₹5 Cr | 0.19% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹967.26 Cr | 36.77% |
| Bond - Corporate Bond | ₹711.99 Cr | 27.07% |
| Cash - Commercial Paper | ₹549.19 Cr | 20.88% |
| Bond - Gov't/Treasury | ₹265.62 Cr | 10.10% |
| Bond - Short-term Government Bills | ₹49.76 Cr | 1.89% |
| Cash - Collateral | ₹29.52 Cr | 1.12% |
| Cash - Repurchase Agreement | ₹27.96 Cr | 1.06% |
| Bond - Gov't Agency Debt | ₹23.94 Cr | 0.91% |
| Mutual Fund - Open End | ₹5.34 Cr | 0.20% |
Risk & Performance Ratios
Standard Deviation
This fund
0.50%
Cat. avg.
0.75%
Lower the better
Sharpe Ratio
This fund
-2.11
Cat. avg.
-0.82
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.38
Higher the better
Fund Managers
AM
Akhil Mittal
Since January 2019
AS
Abhishek Sonthalia
Since September 2024
Additional Scheme Detailsas of 15th August 2024
ISIN | INF277K016S1 | Expense Ratio | 1.16% | Exit Load | No Charges | Fund Size | ₹2,631 Cr | Age | 23 Jan 2019 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Ultra Short Dura Debt B-I TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Ultra Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹236.10 Cr | 6.7% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹551.95 Cr | 6.6% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1247.36 Cr | 7.3% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1247.36 Cr | 7.5% |
| LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹195.99 Cr | 7.4% |
| LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹195.99 Cr | 6.6% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹2139.50 Cr | 7.0% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹7599.90 Cr | 7.0% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹250.38 Cr | 7.1% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹250.38 Cr | 7.6% |
About the AMC
Total AUM
₹1,76,658 Cr
Address
Mafatlal Centre, 9th Floor, Mumbai, 400 021
Other Funds by Tata Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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We're here to help.
What is the current NAV of Tata Ultra Short Term Fund Regular Growth?
The NAV of Tata Ultra Short Term Fund Regular Growth, as of 05-Sep-2024, is ₹13.39.
What are the returns of Tata Ultra Short Term Fund Regular Growth?
The fund has generated 6.77% over the last 1 year and 5.41% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Tata Ultra Short Term Fund Regular Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 27.85% in bonds, and 71.94% in cash and cash equivalents.
Who manages the Tata Ultra Short Term Fund Regular Growth?
The fund managers responsible for Tata Ultra Short Term Fund Regular Growth are:-
- Akhil Mittal
- Abhishek Sonthalia
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.