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iti ultra short duration fund direct growth
ITI Ultra Short Duration Fund Direct Growth

ITI Ultra Short Duration Fund Direct Growth

  • Low to Moderate Risk
  • Fixed Income
  • Ultra Short Duration
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NAV as on Dec 22, 2025
i
Price per unit of the scheme.
₹ 1,317.04470.04%1 Day Change
0.43%
Minimum Investment₹5000
Expense Ratio0.10%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
ITI Ultra Short Duration Fund Direct Growth
VS
Fixed Income: Ultra Short Duration Average NAV
    Topper in Fixed Income: Ultra Short Duration
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    ITI Ultra Short Duration Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    CRISIL Ultra Short Duration Fund TR INR
    Expense Ratio
    0.10%
    Category Avg Expense Ratio
    0.33%
    Minimum Investment (Lumpsum/SIP)
    ₹ 5000 /₹ 1000
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 165.46 Cr(As on Nov, 2025)
    Inception Date
    May 06, 2021
    Turnover
    - %
    Exit Load
    Nil

    bt_logoABOUT THE FUND

    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.

    ITI Ultra Short Duration Fund Direct Growth is an Fixed Income - Ultra Short Duration fund. The fund was launched inMay 06, 2021. Its risk level is . The NAV of the fund as onDec 22, 2025 is ₹1,317.04. Its expense ratio is 0.10 %. The fund has an AUM of ₹165.46 Cr.The fund is managed byVikrant Mehta,Rajesh Bhatia,Laukik Bagwe.
    The minimum initial investment is  ₹5000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Vikrant Mehta
    Vikrant Mehta
    i
    Lead Fund Manager.
    May 6, 2021 - Present
    • Fund Manager Rank11Out of 24
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed9
    • Total AUM₹ 881.68 Cr
    • Highest Return In 1 Yr8.87 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    ITI Balanced Advantage Fund Direct Growth
    ₹ 16.71
    0.86%
    -0.45%
    Very High Risk
    ₹399.17Cr
    Groww Multi Cap Fund Direct Growth
    --
    --
    -%
    2.68%
    Moderately High risk
    ₹0.00Cr
    ITI Dynamic Bond Fund Direct Growth
    --
    ₹ 13.17
    -0.01%
    -0.17%
    Low to Moderate Risk
    ₹116.02Cr
    ITI Balanced Advantage Fund Direct Growth
    Very High Risk
    • NAV₹ 16.71
    • Fund Size₹399.17Cr
    Fund Return0.86%
    Category Return-0.45%
    Groww Multi Cap Fund Direct Growth
    Moderately High risk--
    • NAV--
    • Fund Size₹0.00Cr
    Fund Return--
    Category Return2.68%
    ITI Dynamic Bond Fund Direct Growth
    Low to Moderate Risk--
    • NAV₹ 13.17
    • Fund Size₹116.02Cr
    Fund Return-0.01%
    Category Return-0.17%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Laukik Bagwe
    Laukik Bagwe
    i
    Lead Fund Manager.
    Feb 1, 2025 - Present
    • Fund Manager Rank11Out of 24
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed19
    • Total AUM₹ 42,465.21 Cr
    • Highest Return In 1 Yr36.45 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    DSP Short Term Fund Direct Plan Growth
    ₹ 51.99
    0.03%
    0.03%
    Low to Moderate Risk
    ₹3,969.73Cr
    DSP Credit Risk Fund Direct Plan Growth
    ₹ 55.51
    0.24%
    0.07%
    Moderately High risk
    ₹208.68Cr
    DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund Direct Growth
    --
    ₹ 12.48
    0.44%
    -%
    Moderate Risk
    ₹87.52Cr
    DSP Short Term Fund Direct Plan Growth
    Low to Moderate Risk
    • NAV₹ 51.99
    • Fund Size₹3,969.73Cr
    Fund Return0.03%
    Category Return0.03%
    DSP Credit Risk Fund Direct Plan Growth
    Moderately High risk
    • NAV₹ 55.51
    • Fund Size₹208.68Cr
    Fund Return0.24%
    Category Return0.07%
    DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund Direct Growth
    Moderate Risk--
    • NAV₹ 12.48
    • Fund Size₹87.52Cr
    Fund Return0.44%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Rajesh Bhatia
    Rajesh Bhatia
    i
    Lead Fund Manager.
    Nov 14, 2024 - Present
    • Schemes managed8
    • Total AUM₹ 1,404.08 Cr
    • Highest Return In 1 Yr7.45 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    ITI Balanced Advantage Fund Direct Growth
    ₹ 16.71
    0.86%
    -0.45%
    Very High Risk
    ₹399.17Cr
    ITI Large Cap Fund Direct Growth
    --
    ₹ 19.95
    0.46%
    0.37%
    Very High Risk
    ₹537.20Cr
    ITI Dynamic Bond Fund Direct Growth
    --
    ₹ 13.17
    -0.01%
    -0.17%
    Low to Moderate Risk
    ₹116.02Cr
    ITI Balanced Advantage Fund Direct Growth
    Very High Risk
    • NAV₹ 16.71
    • Fund Size₹399.17Cr
    Fund Return0.86%
    Category Return-0.45%
    ITI Large Cap Fund Direct Growth
    Very High Risk--
    • NAV₹ 19.95
    • Fund Size₹537.20Cr
    Fund Return0.46%
    Category Return0.37%
    ITI Dynamic Bond Fund Direct Growth
    Low to Moderate Risk--
    • NAV₹ 13.17
    • Fund Size₹116.02Cr
    Fund Return-0.01%
    Category Return-0.17%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Dec, 2025
    EQUITY (-%)
    DEBT (54.58%)
    CASH (44.99%)
    Allocation by Market Cap
    Other Cap(0.43%)
    Industry Holdings
    No Data For Allocation
    Stock Holdings
    No Data For Allocation

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
      ----
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      -0.16
      This Fund
      VS
      -0.48
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      80.71
      This Fund
      VS
      47.74
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      0.81
      This Fund
      VS
      0.82
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      2.43
      This Fund
      VS
      0.79
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      10.95
      This Fund
      VS
      9.09
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      0.23
      This Fund
      VS
      0.44
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    ITI Asset Management Limited
    ITI Asset Management Limited manages assets worth ₹ 11,350.89 crores. It’s current offering of mutual fund schemes includes 13 equity, 3 debt and 2 hybrid schemes.
    phone icon
    Phone
    022-66214999
    mail icon
    Email
    mfassist@itiorg.com
    aum
    AUM
    ₹ 11,350.89 Cr (
    As on Nov 30, 2025
    )
    location
    Address
    Naman Midtown “A” Wing, 21st Floor, Senapati Bapat Marg, Elphinstone Road Mumbai,400013

    bt_logoFAQ's

    What is the category of ITI Ultra Short Duration Fund Direct Growth ?
    The category of ITI Ultra Short Duration Fund Direct Growth is Fixed Income - Ultra Short Duration
    What is the current NAV of ITI Ultra Short Duration Fund Direct Growth ?
    The current NAV of ITI Ultra Short Duration Fund Direct Growth as on Dec 22, 2025 is ₹1,317.04
    How safe is ITI Ultra Short Duration Fund Direct Growth ?
    The risk level of ITI Ultra Short Duration Fund Direct Growth is Low to Moderate.
    What are short term returns given by ITI Ultra Short Duration Fund Direct Growth ?
    The return given by ITI Ultra Short Duration Fund Direct Growth in 1 month is 0.43%, 3 months is 1.46%, 6 months is 3.00%, and 1 year is 7.01%
    What are the long term returns given by ITI Ultra Short Duration Fund Direct Growth ?
    The return given by ITI Ultra Short Duration Fund Direct Growth in 3 years is 7.20% and 5 years is --.
    What is the expense ratio of ITI Ultra Short Duration Fund Direct Growth ?
    The expense ratio of ITI Ultra Short Duration Fund Direct Growth is 0.10%
    What is the AUM of ITI Ultra Short Duration Fund Direct Growth ?
    The assets under Management (AUM) of ITI Ultra Short Duration Fund Direct Growth is Rs 165.46 crores.
    What is the minimum investment in ITI Ultra Short Duration Fund Direct Growth ?
    The minimum Lumpsum investment in ITI Ultra Short Duration Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in ITI Ultra Short Duration Fund Direct Growth is ₹1,000.00
    What is the asset allocation of ITI Ultra Short Duration Fund Direct Growth?
    ITI Ultra Short Duration Fund Direct Growth has an exposure of 54.58% in Debt and 44.99% in Cash & Money Market Securities

    bt_logoCALCULATORS

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