- Mutual Funds
- UTI Mutual Fund
- UTI Short Term Income Fund (RIDCW-6M)
Formerly UTI S/T Income Reg HY DR
UTI Short Term Income Fund (RIDCW-6M)
₹ 11.8576
NAV (Oct 03)
Short term funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Short Term Funds invest in debt and money market instruments such that the duration of the portfolio is between 1 to 3 years.This exposes them to higher variations when interest rates change.
The category is one of the largest categories within the Debt Segment (9% of the total assets).
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 11.8576
NAV (Oct 3)
Fund Returns
Last 1Y | 6.8% |
Last 3Y | 6.5% |
Last 5Y | 4.9% |
Last 10Y | NA |
Since Inception | 5.2% |
6 Month CAGR | 3.6% |
Scheme Information
The investment objective of the scheme is to generate reasonable income,with low risk and high level of liquidity from a portfolio of debt & money market instruments. However there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.
Expense Ratio | 0.95 |
Launched (7y ago) | Jan 18, 2016 |
AUM in Crores | 2381.010 |
ISIN | INF789FA1Q83 |
Lock-in | No Lock-in |
Benchmark | CRISIL Short Duration Debt A-II TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 20000 |
Standard Deviation (3yr) | 2.6 |
Standard Deviation (5yr) | 5.8 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.582 |
Sharpe Ratio (5yr) | -0.013 |
YTM | 7.39 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| UTI Short Term Income Fund (RIDCW-6M) | 8,23,934 | 91,322 | 4.9% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
182 Days Treasury Bill 29-02-2024
14.2%net current assets
13.4%7.38% govt stock 2027
8.5%power finance corporation ltd.
8.4%7.26% govt stock 2033
7.4%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
UTI Asset Management Company Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.7% | 6.8% | ||
21.6% | 11.6% | ||
5.1% | 7.2% | ||
23.2% | 14.9% | ||
13.6% | 8.7% |
UTI Short Term Income Fund (RIDCW-6M) Review
UTI Short Term Income Fund (RIDCW-6M) is a Short Term Debt fund and has delivered an annualised return of 5.2% over a period of 7 years. The fund was previously known as UTI S/T Income Reg HY DR. The fund is managed by UTI Asset Management Co Ltd. The fund manager’s name is Sudhir Agarwal.
Nav of UTI Short Term Income Fund (RIDCW-6M) as of 10/3/2023 is ₹11.86 with the total AUM as of 10/4/2023 is ₹2381.01. With Scripbox you can compare and check the latest nav for all mutual funds in India. UTI Short Term Income Fund (RIDCW-6M) was launched on Jan 18, 2016. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for UTI Short Term Income Fund (RIDCW-6M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹20000. Check your estimated returns on mutual funds by using sip calculator.
UTI Short Term Income Fund (RIDCW-6M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Short Duration Debt A-II TR INR.
UTI Short Term Income Fund (RIDCW-6M) is rated as a 2 fund in Debt and delivered 6.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with UTI Short Term Income Fund (RIDCW-6M).
Frequently Asked Questions
What is UTI Short Term Income Fund (RIDCW-6M)?
How to invest in UTI Short Term Income Fund (RIDCW-6M)?
You can invest in UTI Short Term Income Fund (RIDCW-6M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of UTI Short Term Income Fund (RIDCW-6M)?
The minimum sip amount for UTI Short Term Income Fund (RIDCW-6M) is ₹1000. You can invest in multiples of ₹20000.
Is UTI Short Term Income Fund (RIDCW-6M) good to invest in?
As per Scripbox experts, UTI Short Term Income Fund (RIDCW-6M) is a Neutral fund. You can investUTI Short Term Income Fund (RIDCW-6M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the UTI Short Term Income Fund (RIDCW-6M)?
The expense ratio of the UTI Short Term Income Fund (RIDCW-6M) is 0.95% for regular plan.