UTI Ultra Short Term Debt Fund

UTI Ultra Short Term Debt Fund in Brief

The Fund portfolio includes 34.85% investment in sovereign GOI bonds, 27.05% in AAA & AA rated debt securities and 26.77% in A+ rated securities.

UTI Ultra Short Term Debt Fund is available in four plan categories:

• Growth - Regular
• IDCW as and when - Regular
• Growth - Direct
• IDCW as and when - Direct

Investment Facts

Investment Objective

The UTI Ultra Short Term Debt Fund scheme aims to generate stable income with moderate volatility. It invests in a portfolio comprising debt and money market instruments. However, one cannot be assured that the investment objective of the scheme will certainly be achieved. There are no guaranteed returns in the Scheme.

Fund Summary

1. UTI Ultra Short Term Debt Fund Regular Plan Growth

   • Risk level-Moderate
   • NAV-Rs. 3,292.3040 as of 19.07.2021
   • Expense Ratio-0.95% as on 31.05.2021
   • Fund Started- 29.08.2003

2. UTI Ultra Short Term Debt Fund Regular Plan IDCW

   • Risk level-Moderate
   • NAV-Rs.1,046.1477 as of 19.07.2021 (Daily)
   • NAV-Rs.1,082.8305 as of 19.07.2021 (Weekly)
   • NAV-Rs.1,320.3894 as of 19.07.2021 (Fortnightly)
   • NAV-Rs.1,026.1223 as of 19.07.2021 (Monthly)
   • NAV-Rs.1,098.3154 as of 19.07.2021 (Quarterly)
   • NAV-Rs.1,110.8355 as of 19.07.2021 (Half Yearly)
   • NAV-Rs.1,115.4583 as of 19.07.2021 (Yearly)
   • NAV-Rs.1,309.0400 as of 19.07.2021 (As and When)
   • Expense Ratio-0.95% as on 31.05.2021
   • Fund Started- 29.08.2003

3. UTI Ultra Short Term Debt Fund Direct Plan Growth

   • Risk level-Moderate
   • NAV-Rs.1,124.6704 as of 19.07.2021
   • Expense Ratio-0.45% (as on 31.05.2021)
   • Fund Started-01.01.2013

4. UTI Ultra Short Term Debt Fund Direct Plan IDCW 

   • Risk level-Moderate
   • NAV-Rs.1,149.3972 as of 19.07.2021 (Daily)
   • NAV-Rs.1,082.8256 as of 19.07.2021 (Weekly)
   • NAV-Rs.1,324.6113 as of 19.07.2021 (Fortnightly)
   • NAV-Rs.1,086.7962 as of 19.07.2021 (Monthly)
   • NAV-Rs.1,434.5073 as of 19.07.2021 (Quarterly)
   • NAV-Rs.1,143.2133 as of 19.07.2021 (Half Yearly)
   • NAV-Rs.1,124.6704 as of 19.07.2021 (Yearly)
   • NAV-Rs.1,676.2231 as of 19.07.2021 (As and When)
   • Expense Ratio-0.45% (as on 31.05.2021)
   • Fund Started-01.01.2013

Fund Managers

• Mr Ritesh Nambiar (since July 2015)
• Mr Sudhir Agrawal (since January 2013)

Fund Returns Summary

1. UTI Ultra Short Term Fund Regular Plan Growth

   Period	Returns Per Year (Annualized)
   6 Months	1.73%
   1 year	3.83%
   2 years	5.11%
   3 years	4.56%
   5 years	5.55%
   10 years	7.24%
   Since Inception	6.88%

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2. UTI Ultra Short Term Fund Regular Plan IDCW (Annualized)

   Period	Daily	Weekly	Fortnightly	Monthly
   6 Month	1.67%	1.73%	1.73%	1.72%
   1 Year	3.56%	3.38%	3.64%	3.82%
   2 Year	4.31%	4.13%	4.45%	4.55%
   3 Year	3.37%	3.30%	3.58%	3.51%
   5 Year	4.00%	3.90%	4.96%	4.05%
   10 Year	5.61%	5.50%	-	-
   Since Inception	5.71%	5.58%	5.94%	4.88%

    

   Period	Quarterly	Half Yearly	Yearly	As and When
   6 Month	0.34%	2.00%	-1.84%	-1.32%
   1 Year	0.81%	4.63%	0.21%	0.73%
   2 Year	3.01%	4.15%	3.19%	3.47%
   3 Year	2.34%	4.78%	1.71%	2.12%
   5 Year	3.48%	-	3.02%	3.37%
   10 Year	-	-	-	-
   Since Inception	4.23%	5.28%	3.46%	5.38%

3. UTI Ultra Short Term Fund Direct Plan Growth

   Period	Returns Per Year (Annualized)
   6 Months	2.00%
   1 year	4.37%
   2 years	5.69%
   3 years	5.13%
   5 years	6.16%
   Since Inception	7.59%

4. UTI Ultra Short Term Fund Direct Plan IDCW (Annualized)

   Period	Daily	Weekly	Fortnightly	Monthly
   6 Month	2.00%	2.00%	2.00%	1.99%
   1 Year	4.37%	3.88%	4.15%	4.37%
   2 Year	5.46%	4.61%	4.96%	5.15%
   3 Year	4.27%	3.76%	-	4.12%
   5 Year	4.73%	4.36%	-	4.69%
   10 Year	5.85%	5.55%	3.80%	5.25%
   Since Inception	2.00%	2.00%	2.00%	1.99%

    

   Period	Quarterly	Half Yearly	Yearly	As and When
   6 Month	2.00%	0.22%	-1.55%	-0.41%
   1 Year	4.37%	1.88%	0.76%	1.92%
   2 Year	5.69%	4.42%	2.58%	4.39%
   3 Year	5.13%	3.00%	1.52%	3.17%
   5 Year	6.16%	3.82%	3.17%	4.97%
   Since Inception	6.51%	4.46%	3.26%	6.72%

Summative Pros and Cons

Benefits of UTI Ultra Short Term Debt Fund

Investment in UTI Ultra Short Term Debt Fund provides the following benefits to the investors:

• Meeting Short-Term Goals: An ultra-short term debt fund is a useful tool in investing to achieve short-term goals. Due to its low average maturity period, such funds are adequately protected from interest rate movements to an extent.
• Stable Returns: The fund portfolio comprises debt and money market instruments that provide a contracted rate of return along with a scheduled maturity date. These short-maturity securities are not adversely affected by any fluctuations in the interest rates if held till maturity.

Fund House Details

UTI Ultra Short Term Fund is part of UTI Mutual Fund. It is one of the largest and oldest mutual funds in India. It became a SEBI registered mutual fund in 2003. Thereafter, the Unit Trust of India Act 1963 was bifurcated into the UTI Mutual Fund (UTI MF) and Specified Undertaking of Unit Trust of India (SUUTI).

UTI Mutual Fund is administered by UTI Asset Management Co. Ltd. (UTI AMC), a professionally managed company without an identifiable promoter in terms of SEBI Regulations. 

Save for SBI, LIC, BOB, PNB and T Rowe Price Group Inc holding 18.24%, 18.24%, 18.24%, 18.24% and 26% of the paid-up equity share capital of UTI AMC, respectively. No shareholder controls 15% or more of the voting rights in UTI AMC.

Who Should Invest in UTI Ultra Short Term Debt Fund?

UTI Ultra Short Term Debt Fund invests in debt and money market instruments. The fund is apt for investors with an investment horizon of 3 months to 1 year. This fund assures higher returns than a bank fixed deposit. A change in interest rate in the short term may not have too much of an adverse impact on the fund’s returns.

In Conclusion

Considering the benefits of stable returns and shorter duration of the portfolio, UTI Ultra Short Term Debt Fund is a better alternative for investors than bank fixed deposits. It provides stable returns over 3 months to 1 year period.

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