ITI Ultra Short Term Fund: Your Go-To Short-Term Debt Investment
Infographic: ITI Ultra Short Term Fund: A Short-Term Debt Option for You
Key Highlights
Explore the ITI Ultra Short Term Fund Direct-Growth for income & capital appreciation. Ideal for first-time investors seeking short-term debt solutions.
If you are exploring investment options for your first earnings, the ITI Ultra Short Term Fund Direct-Growth aims to generate regular income and capital appreciation. This fund specifically focuses on investments in short-term debt and money market instruments, targeting a Macaulay duration between 3 to 6 months.
What This Fund Offers You
This fund is categorized as Debt: Ultra Short Duration and is benchmarked against the CRISIL Ultra Short Duration Debt A-I Index. It manages assets worth ₹152.84 Crore.
- Its (NAV) was 1370.6492 as of August 3, 2026.
- The fund operates with an expense ratio of 0.21%.
- You can expect a Yield to Maturity (YTM) of 6.5%.
Meet Your
The fund’s performance is guided by Laukik Bagwe, who has served as the fund manager since February 2025. His expertise is crucial in navigating the short-term debt landscape.
Understanding Where Your Money Is Invested
Your investment in this fund is predominantly allocated to debt instruments, specifically 98.06%. The fund maintains a high average credit rating across its portfolio.
- A significant portion, 63.00%, is allocated to A1+ rated instruments.
- Another 24.90% is in AAA-rated instruments.
- Sovereign (SOV) instruments make up 9.72% of the portfolio.
The fund’s key portfolio attributes include an average maturity of 0.36 years and a duration of 0.35 years. Top holdings include short-term debt from established entities.
- Bank Of Baroda
- Reserve Bank of India
- ICICI Securities Ltd.
Starting Your Investment Journey
Getting started with this fund is designed to be accessible for new investors. You can begin with a relatively modest initial investment.
- The minimum initial investment required is ₹5000.
- If you prefer to invest regularly, the minimum (Systematic Investment Plan) investment is ₹500.
The ITI Ultra Short Term Fund offers a structured way to engage with the debt market, providing a clear path for those looking to diversify their portfolio with short-term instruments.