Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
ITI Ultra Short Duration Fund - Direct Plan - Annually IDCW Option
★★★★★ monitor_heart Health Score: 55/100 · AveragePGIM India Mutual Fund · Debt · Ultra Short Duration
₹1,369.6
AUM: ₹165 Cr
NAV updated 1 day ago
Plan
Direct
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.35%
Exit Load
Nil
Fund Manager
Kumaresh Ramakrishnan, Kunal Jain
Inception
Jan 2013
Benchmark
CRISIL Ultra Short Duration Debt A-I Index
Sharpe Ratio
0.58
Std Dev (1Y)
0.36%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.6%
3m
+1.61%
6m
+3.31%
1y
+6.13%
3y
+7.06%
5y
+6.36%
10y
+7.24%
since inception
+6.21%
rate_review TopFund's Take on ITI Ultra Short Duration Fund - Direct Plan - Annually IDCW Option
ITI Ultra Short Duration Fund - Direct Plan - Annually IDCW Option sits in the middle of the pack for Ultra Short Duration funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 55/100.
Cost: At 0.35%, the expense ratio runs 13% above the Ultra Short Duration category average of 0.31%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a moderate Sharpe ratio of 0.58 — decent risk-adjusted performance, without being exceptional. Separately, annualised volatility of 0.36% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about ITI Ultra Short Duration Fund - Direct Plan - Annually IDCW Option
The current NAV (Net Asset Value) of ITI Ultra Short Duration Fund - Direct Plan - Annually IDCW Option is ₹1369.6. NAV is updated every business day after market close by AMFI.
1Y: 6.13% · 3Y CAGR: 7.06% · 5Y CAGR: 6.36%
The expense ratio is 0.35% per annum — the annual fee deducted from your investment to cover fund management costs.
ITI Ultra Short Duration Fund - Direct Plan - Annually IDCW Option is managed by Kumaresh Ramakrishnan, Kunal Jain at PGIM India Mutual Fund.
ITI Ultra Short Duration Fund - Direct Plan - Annually IDCW Option is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
ITI Ultra Short Duration Fund - Direct Plan - Annually IDCW Option is a Ultra Short Duration fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of ITI Ultra Short Duration Fund - Direct Plan - Annually IDCW Option is ₹166 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.