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NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%NIFTY 5022,453.30+0.98%SENSEX74,235.62+1.24%BANK NIFTY48,892.15+1.45%NIFTY IT35,124.80-0.52%NIFTY MIDCAP52,487.25+0.87%
NANavi MFGrowth

Peerless Ultra Short Term Fund - Retail Plan - Growth

debtDebt - Ultra Short Duration FundBenchmark: CRISIL Liquid Debt Index
NAV · 21 Apr 2015₹1,447.83+0.01%
AUM₹156 Cr
Expense Ratio2.45%
CAGR—
Exit LoadNil
Min SIP₹500from this fund's primary plan
Launched2010

Investment Objective

The investment objective is 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 that the investment objective of the scheme will be achieved

Fund Mandate

Debt0%–30%
MMI70%–100%
Asset Allocation
Debt80.1%
Cash & Equivalents19.9%
Fund Managers
VP
Vikram Pamnani
Fund Manager
Key Information
2.45%
₹500from this fund's primary plan
₹1,000
Nil
Nil
Inception19 Feb 2010
AMCNavi MF
Top Holdings
1CBLO (including TBill held as collateral)/Reverse Repo/ Net Current Assets/Cash/Cash Equivalent19.87%
2Housing Development Finance Corporation Ltd (18/09/2015) ** #15.54%
3Dena Bank (08/06/2015) ** #15.28%
4IDBI Bank Ltd (05/06/2015) ** #12.74%
58.90% L & T Infrastructure Finance Co Ltd (25/07/2016) **9.63%
6Axis Bank Ltd (09/09/2015) ** #9.35%
7Bank of Baroda (08/06/2015) ** #4.78%
8Vijaya Bank (05/05/2015) ** #3.21%
9Canara Bank (05/05/2015) ** #3.21%
1011.15% Reliance Infrastructure Ltd (30/03/2016) **3.21%
Sector Allocation
Other100.0%
On This Page
NAV growthAsset allocationTop holdings
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Trailing Returns
PeriodReturns
1 Day+0.01%
Risk Metrics

Risk metrics are not available for this fund.

Fees
2.45%
Nil
Nil
₹500from this fund's primary plan
₹1,000
Capital Gains Tax, general rules

This is a debt/other (non-equity-oriented) fund. For units acquired on or after 1 April 2023, gains are taxed at your applicable income-tax slab rate regardless of holding period, the earlier long-term/indexation treatment for debt funds was removed by the Finance Act 2023.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme