| 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): | 113.53 |
| AAUM (in Rs. Cr): | 111.59 |
| Average Maturity: | 162 Days |
| Macaulay Duration: | 154 Days |
| Modified Duration: | 146 Days |
| Yield to Maturity: | 7.13% |
Regular Plan
(in Rs.) |
Direct Plan
(in Rs.) |
|
| Growth | 1,104.4957 |
1,127.2972 |
| Daily IDCW | 1,001.0000 |
NA |
| Weekly IDCW | 1,001.5605 |
NA |
| Fortnightly IDCW | 1,001.5611 |
NA |
| Monthly IDCW | 1,001.5608 |
NA |
| Annual IDCW | 1,104.5156 |
1,128.3090 |
| Name of Instrument | Ratings |
Market Value (Rs. Lakhs) |
% to NAV |
Debt Instrument |
|||
Certificate of Deposit |
|||
Bank of Baroda |
FITCH A1+ |
991.46 |
8.73 |
Corporate Bond |
|||
Bharat Petroleum Corporation Limited |
CRISIL AAA |
1101.83 |
9.71 |
Hindustan Petroleum Corporation Limited |
CRISIL AAA |
998.49 |
8.80 |
Axis Bank Limited |
CRISIL AAA |
809.88 |
7.13 |
REC Limited |
CRISIL AAA |
710.25 |
6.26 |
HDFC Bank Limited |
CRISIL AAA |
587.09 |
5.17 |
Small Industries Dev Bank of India |
CRISIL AAA |
248.18 |
2.19 |
Power Grid Corporation of India Limited |
CRISIL AAA |
100.05 |
0.88 |
Government Bond |
|||
7.35% GOI (MD 22/06/2024) |
SOVEREIGN |
1000.89 |
8.82 |
6.99% GOI (MD 17/04/2026) |
SOVEREIGN |
496.89 |
4.38 |
Treasury Bill |
|||
91 Days Tbill (MD 05/10/2023) |
SOVEREIGN |
499.64 |
4.40 |
Zero Coupon Bond |
|||
Axis Finance Limited |
CRISIL AAA |
574.20 |
5.06 |
Reverse Repo/TREPS |
|||
Clearing Corporation of India Ltd |
NA |
1527.43 |
13.45 |
Net Current Assets |
NA |
1706.55 |
15.03 |
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 | 6.2% |
6.7% |
8.5% |
10,012 |
10,013 |
10,016 |
| Last 15 days | 6.0% |
6.9% |
7.1% |
10,025 |
10,028 |
10,029 |
| Last 30 days | 6.0% |
6.9% |
6.6% |
10,049 |
10,057 |
10,054 |
| Last 3 Months | 6.0% |
7.0% |
6.1% |
10,149 |
10,175 |
10,151 |
| Last 6 Months | 6.2% |
7.4% |
7.0% |
10,311 |
10,369 |
10,350 |
| Last 1 Year | 6.1% |
7.3% |
6.7% |
10,606 |
10,728 |
10,672 |
| Since Inception | 4.2% |
5.4% |
4.7% |
11,045 |
11,351 |
11,178 |
Direct - Growth |
||||||
| Last 7 days | 7.0% |
6.7% |
8.5% |
10,013 |
10,013 |
10,016 |
| Last 15 days | 6.9% |
6.9% |
7.1% |
10,028 |
10,028 |
10,029 |
| Last 30 days | 6.8% |
6.9% |
6.6% |
10,056 |
10,057 |
10,054 |
| Last 3 Months | 6.8% |
7.0% |
6.1% |
10,170 |
10,175 |
10,151 |
| Last 6 Months | 7.1% |
7.4% |
7.0% |
10,355 |
10,369 |
10,350 |
| Last 1 Year | 7.0% |
7.3% |
6.7% |
10,696 |
10,728 |
10,672 |
| Since Inception | 5.1% |
5.4% |
4.7% |
11,273 |
11,351 |
11,178 |
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) |
25-Jul-23 |
Regular Plan - Monthly IDCW Option |
5.0319 |
5.0319 |
1006.0319 |
27-Aug-23 |
Regular Plan - Monthly IDCW Option |
5.0756 |
5.0756 |
1006.0756 |
25-Sep-23 |
Regular Plan - Monthly IDCW Option |
4.7168 |
4.7168 |
1005.7168 |
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 September 30, 2023 unless otherwise specified.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully