TATA Ultra Short Term Fund-Regular Plan - Weekly Payout of Income Distribution cum Capital Withdrawal option

TATA Ultra Short Term Fund-Regular Plan - Weekly Payout of Income Distribution cum Capital Withdrawal option is a scheme launched by Tata Mutual Fund on January 22, 2019, and falls under the Ultra Short Duration fund category. It currently manages an AUM of Rs 4,945.33 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 1.15% for managing the portfolio.

• Investing Strategy:

  The investment objective of the scheme is to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.

• Performance:

  TATA Ultra Short Term Fund-Regular Plan - Weekly Payout of Income Distribution cum Capital Withdrawal option trailing returns over different times are 0% (1 year), -0.01% (3 year) and 0% (5 year). The average annual return of this fund stands at 0%.