Item: Navi Ultra Short Term Fund Direct Weekly Reinvestment of Income Dis cum Cptl Wdrl Opt
Rating: 2
Author: Morningstar

Home › Mutual Funds › Essel Mutual Fund › Navi Ultra Short Term Fund Direct Weekly Reinvestment of Income Dis cum Cptl Wdrl Opt

1004.709 (0.023%)

NAV on July 01, 2022

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

N/A

Total Assets 12 cr

Turnover Ratio 317.28%

Expense Ratio 0.73%

Exit Load -

Returns

1M: 0.38%
1Y: 3.05%
3M: 0.56%
3Y: 3.49%
6M: 1.49%
5Y: 4.12%

Min Investment 1,000

ADDITIONAL INFO

Fund Manager Surbhi Sharma (Since about 2 years)

ISIN INF959L01BJ4

Fund Family Essel

Launch Date January 29, 2013

Benchmark CRISIL Ultra Short Term Debt TR INR

Avg. Maturity 0.29 years

Yield To Maturity (%) 5.00%

INVESTMENT OBJECTIVE

To provide optimal returns and liquidity to the investors by investing primarily in a mix of money market and short term debt instruments which results in a portfolio having marginally higher maturity as compared to a liquid fund at the same time maintaining a balance between safety and liquidity. However, there can be no assurance or guarantee that the investment objective of the Scheme(s) will be achieved. The Scheme(s) does not assure or guarantee any returns.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Rated
Top Performing

Top Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Aditya Birla Sun Life Savings Fund Direct Plan Growth	509.351	7.69%	11,837 cr	0.39%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	27.393	7.63%	12,907 cr	0.39%	Below Average
Axis Ultra Short Term Fund Direct Growth	14.284	7.62%	4,484 cr	0.29%	Below Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4161.470	7.53%	2,093 cr	0.43%	High
HDFC Ultra S/T Fund Direct Growth	14.171	7.50%	12,537 cr	0.36%	Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	2633.413	7.45%	614 cr	0.24%	Average
Kotak Savings Fund Direct Growth	41.142	7.43%	14,443 cr	0.37%	Average

Best Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Nippon India Ultra Short Duration Fund Direct Growth Option	4055.819	7.73%	5,526 cr	0.38%	High
Aditya Birla Sun Life Savings Fund Direct Plan Growth	509.351	7.69%	11,837 cr	0.39%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	27.393	7.63%	12,907 cr	0.39%	Below Average
Axis Ultra Short Term Fund Direct Growth	14.284	7.62%	4,484 cr	0.29%	Below Average
DSP Ultra Short Fund Direct Plan Growth	3385.052	7.62%	2,377 cr	0.31%	Average
Tata Ultra Short Term Fund Direct Growth	13.615	7.60%	2,669 cr	0.31%	Below Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1208.219	7.60%	1,489 cr	0.22%	Below Average