UTI Low Duration Fund Discontinued-IDCW Monthly
NAV as of Aug 30, 2024
1,025.940.01%
- IDCW Monthly - Regular
(Earn upto 0.00% Extra Returns with Direct Plan)
Fund Category:
Debt: Low Duration
Expense Ratio:
0.44%(0.76% Category
average)Fund Size:
Rs. 2,849.09 Cr(2.38% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
UTI Low Duration Fund Discontinued-IDCW Monthly
NAV as of Aug 30, 2024
1,025.940.01%
Expense Ratio:
0.44%
Fund Size:
Rs. 2,849.09 Cr
Fund Category:
Debt: Low Duration
1. Current NAV: The Current Net Asset Value of the UTI Low Duration Fund Discontinued as of Aug 30, 2024 is Rs 1,025.94 for IDCW Monthly option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 6.87% (1yr), 7.08% (3yr), 6.55% (5yr) and 7.3% (since launch). Whereas, Category returns for the same time duration are: 7.12% (1yr), 5.8% (3yr) and 5.98% (5yr).
3. Fund Size: The UTI Low Duration Fund Discontinued currently holds Assets under Management worth of Rs 2849.09 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.44% for Regular plan as on Aug 08, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 100000 and minimum additional investment is Rs 0. Minimum SIP investment is Rs 500.
UTI Low Duration Fund Discontinued-IDCW Monthly Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.54 1.73 3.51 6.83 7.08 6.55 Category Avg 0.55 1.80 3.68 7.08 5.80 5.98 Rank within Category 115 114 121 121 112 60 No. of funds within Category 20 20 20 20 20 20 - Loading...
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Return Comparison
- This Fund
- BenchmarkUTI Low Duration Reg-IDCWM
Choose from Benchmarks
- S&P BSE Sensex
- Nifty 50
- 1M
- 3M
- 6M
- 1Y
- 5Y
UTI Low Duration Fund Discontinued-IDCW Monthly Fund Details
Investment Objective - The scheme seeks to generate reasonable income for its investors consistent with high liquidity by investing in a portfolio of debt & money market instruments.
Fund House | UTI Mutual Fund |
Launch Date | Apr 03, 2007 |
Benchmark | NIFTY Low Duration Debt Index A-I |
Return Since Launch | 7.3% |
Riskometer | Low to Moderate |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
UTI Low Duration Fund Discontinued-IDCW Monthly Investment Details
Minimum Investment (Rs.) | 1,00,000.00 |
Minimum Additional Investment (Rs.) | - |
Minimum SIP Investment (Rs.) | 500.00 |
Minimum Withdrawal (Rs.) | 1,000.00 |
Exit Load | 0% |
Portfolio Allocation
Portfolio Aggregates
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Modified Duration(Yrs) | 0.92 | 1.08 | 0.5 | 0.8884 |
Average Maturity(Yrs) | 1.03 | 2.69 | 0.59 | 1.234 |
Yield to Maturity(%) | 7.55 | 8.2019 | 7.38 | 7.6603 |
Avg Credit Rating | Average | - | - | - |
Style Box
Investment / Portfolio Grades
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
Government Backed | 13.86 | 12.31 |
Low Risk | 82.15 | 82.87 |
Moderate Risk | - | - |
High Risk | - | - |
Very High Risk | - | - |
Others | 3.99 | 4.83 |
Type of Holdings
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
GOI | 5.42 | 5.92 |
CD | 18.59 | 25.07 |
T-Bills | 10.30 | 5.54 |
CP | 14.59 | 4.72 |
NCD & Bonds | 43.97 | 51.24 |
PTC | - | 0.97 |
Cash & Others | 7.16 | 6.34 |
Debt Holding In Portfolio
Instrument | Type | Sector | Rating | Value(Mn) | Total Holding(%) | Quantity |
---|---|---|---|---|---|---|
7.33% Larsen & Toubro Ltd 09/12/2024 | Long-term Debt | Construction | AAA | 1,248.18 | 4.38 | 12,500 |
7.57% National Bank For Agriculture & Rural Development 19/03/2026 | Long-term Debt | Financial | AAA | 998.09 | 3.50 | 10,000 |
Kotak Mahindra Bank Ltd | Short-term Debt | Financial | A1+ | 964.55 | 3.39 | 1,00,00,00,000 |
Canara Bank | Short-term Debt | Financial | A1+ | 965.81 | 3.39 | 1,00,00,00,000 |
Panatone Finvest Ltd | Short-term Debt | Financial | A1+ | 772.10 | 2.71 | 80,00,00,000 |
8.05% Gujarat State 28/01/2025 | Long-term Debt | Construction | SOV | 754.14 | 2.65 | 75,00,00,000 |
GOI | Long-term Debt | Sovereign | SOV | 756.38 | 2.65 | - |
7.8% REC Ltd 30/05/2026 | Long-term Debt | Financial | AAA | 751.81 | 2.64 | 7,500 |
7.4% Indian Railway Finance Corporation Ltd 18/04/2026 | Long-term Debt | Financial | AAA | 748.60 | 2.63 | 7,500 |
Reserve Bank of India | Short-term Debt | Financial | SOV | 748.24 | 2.63 | - |
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y UTI Low Duration Fund Discontinued-IDCW Monthly 1,025.94 Unrated 2,849.09 0.54 6.83 7.08 6.55 UTI Low Duration Fund Regular Plan-IDCW Monthly 1,306.48 2,849.09 0.58 7.30 7.57 7.04 Sundaram Low Duration Fund-IDCW Monthly 1,087.89 379.61 0.53 6.81 7.99 6.82 SBI Magnum Low Duration Fund-IDCW Monthly 1,441.35 11,204.01 0.54 7.09 5.53 5.57 Axis Treasury Advantage Fund Regular-IDCW Monthly 1,010.18 4,961.63 0.57 7.31 5.85 5.99
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
2.53VS0.95Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
-0.20VS1.13Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
0.54VS-0.16Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
-6.65VS-0.80Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
0.94VS2.38Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
6.89VS5.61Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Fund Manager
- A.M.Anurag MittalSince Dec 20214 schemes
Mr. Mittal is B.Com. (Hons), CA and M.Sc. in Accounting and Finance (specialization in Finance) from London School of Economics & Political Science. Prior to joining UTI Mutual Fund, he worked with IDFC AMC, HDFC AMC ( Sept. 2012 - Oct. 2015), Axis AMC (July 2009 - Sept. 2012), ICICI Prudential Life Insurance Company Ltd. as Credit Research Analyst (2008-2009) and with Bank of America in Corporate Banking (2006-2008).
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y UTI Money Market Fund Regular Plan-IDCW Monthly Money Market 1,042.56 15,169.71 7.56 UTI Low Duration Fund Regular Plan-IDCW Monthly Low Duration 1,306.48 2,849.09 7.30 Bandhan Money Manager Fund Regular-IDCW Monthly Money Market 10.25 6,059.09 6.80 UTI Banking & PSU Fund Regular-IDCW Monthly Banking and PSU 12.86 841.00 7.32
More UTI Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
UTI Liquid Regular Plan-Growth | 26,476.75 | 0.59 | 1.82 | 3.55 | 7.21 | 5.32 | |
UTI Liquid Discontinued Regular Plan-Growth | 26,476.75 | 0.55 | 1.69 | 3.29 | 6.66 | 4.76 | |
UTI Flexi Cap Fund Regular Plan-Growth | 24,684.31 | -0.16 | -1.12 | 1.85 | 20.16 | 7.22 | |
UTI Nifty 50 Index Fund Regular Plan-Growth | 15,648.55 | 2.54 | 6.44 | 11.84 | 29.07 | 14.66 | |
UTI Money Market Fund Regular Plan-Growth | 13,070.27 | 0.69 | 1.88 | 3.63 | 7.66 | 5.65 | |
UTI Money Market Fund Regular Plan-Growth | 13,070.27 | 0.69 | 1.88 | 3.63 | 7.66 | 5.65 | |
UTI Money Market Fund Discontinued-Growth | 13,070.27 | 0.65 | 1.76 | 3.38 | 7.14 | 5.13 | |
UTI Large Cap Fund Regular Plan-Growth | 12,146.68 | 1.67 | 4.66 | 9.48 | 27.43 | 13.13 | |
UTI Large Cap Fund Regular Plan-Growth | 12,146.68 | 1.67 | 4.66 | 9.48 | 27.43 | 13.13 | |
UTI Large Cap Fund Regular Plan-Growth | 12,146.68 | 1.67 | 4.66 | 9.48 | 27.43 | 13.13 |
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1. UTI Low Duration Fund Discontinued is Open-ended Low Duration Debt scheme which belongs to UTI Mutual Fund House.
2. The fund was launched on Apr 03, 2007.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to generate reasonable income for its investors consistent with high liquidity by investing in a portfolio of debt & money market instruments. "
2. It is benchmarked against NIFTY Low Duration Debt Index A-I.
Asset Allocation & Portfolio Composition
1. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
2. The portfolio of the fund has securities with varying levels of maturities. Duration takes into consideration the sensitivity of the average maturity of these securities with respect to the interest rate changes. The Average Maturity of UTI Low Duration Fund Discontinued is 1.03 years and Duration is 0.92 years. Generally, securities with high maturity are more sensitive to interest rate changes. So, an investor with a low risk appetite may look to invest in a fund with low maturity and duration vis-a-vis category levels.
3. All these parameters - average maturity, duration, interest rate changes, credit quality, credit rating, liquidity etc. need to be looked at in conjunction with each other to determine the quality of portfolio of a fund.
Tax Implications on UTI Low Duration Fund Discontinued-IDCW Monthly
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
- UTI Low Duration Fund Discontinued-IDCW Annually
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- UTI Low Duration Fund Discontinued-IDCW Periodic
- UTI Low Duration Fund Discontinued-Flexi IDCW
- UTI Low Duration Fund Discontinued-IDCW Monthly
FAQs about UTI Low Duration Fund Discontinued-IDCW Monthly
- Is it safe to invest in UTI Low Duration Fund Discontinued?As per SEBI’s latest guidelines to calculate risk grades, investment in the UTI Low Duration Fund Discontinued comes under Low to Moderate risk category.
- What is the category of UTI Low Duration Fund Discontinued?UTI Low Duration Fund Discontinued belongs to the Debt : Low Duration category of funds.
- How Long should I Invest in UTI Low Duration Fund Discontinued?The suggested investment horizon of investing into UTI Low Duration Fund Discontinued is 6 months – 1 year. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the UTI Low Duration Fund Discontinued?The UTI Low Duration Fund Discontinued is managed by Anurag Mittal (Since Dec 01, 2021).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.