GMP IPO Watch
Debt Scheme - Ultra Short Duration Fund
ITI Ultra Short Term Fund
Direct Plan · Fortnightly IDCW Option · ITI Mutual Fund
Risk: Low to Moderate Risk
52W Low ₹999.90 19 Jan 2026
52W High ₹1006.29 10 Apr 2026
₹1002.6710
NAV as of 24 Aug 2026
+0.06% day change
Other Plans of This Fund
Direct Plan · Annually IDCW Option
Direct Plan · Daily IDCW Option
Direct Plan · Growth Option
Direct Plan · Monthly IDCW Option
Direct Plan · Weekly IDCW Option
Regular Plan · Annually IDCW Option
Regular Plan · Daily IDCW Option
Regular Plan · Fortnightly IDCW Option
Regular Plan · Growth Option
Regular Plan · Monthly IDCW Option
Regular Plan · Weekly IDCW Option
ISININF00XX01AK9
Scheme Code148908
StructureOpen Ended Schemes
Fund HouseITI Asset Management Limited
AUM (avg. July - September 2026)₹0 Cr
Expense Ratio (as of 4 Nov 2026)0.21%
Min. InvestmentRs. 5,000/- and in multiples of Re. 1/- thereafter
Inception Date19 Apr 2021
BenchmarkCRISIL Ultra Short Duration Debt A-I Index
Portfolio Turnover318.04%
NFO Period19-Apr-21 – 03-May-21
Returns
1Y
-0.03%
3Y
-0.03%
5Y
+0.00%
Since Inception
+0.04%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.07% | +0.13% | 16 of 27 |
| 1M | -0.02% | +0.27% | 15 of 27 |
| 3M | +0.15% | +0.94% | 16 of 26 |
| 6M | -0.07% | +2.24% | 16 of 26 |
| YTD | -0.08% | +3.56% | 16 of 27 |
| 1Y | -0.03% | +4.24% | 15 of 26 |
| 2Y | -0.03% | +4.73% | 15 of 25 |
| 3Y | -0.03% | +4.79% | 15 of 24 |
| 5Y | +0.00% | +4.44% | 15 of 23 |
| INCEPTION | +0.04% | — | — |
Ranked among: Debt Scheme - Ultra Short Duration Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | -0.00% | +0.34% | -0.36% | 54% | 22% |
| 6M | -0.01% | +0.37% | -0.36% | 51% | 21% |
| 1Y | -0.01% | +0.35% | -0.36% | 56% | 22% |
| 2Y | -0.04% | +0.15% | -0.18% | 30% | 12% |
| 3Y | -0.01% | +0.06% | -0.10% | 39% | 15% |
| 5Y | +0.01% | +0.06% | -0.02% | 79% | 32% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt98.34%
- Cash1.66%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings24
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Export Import Bank of India (14/12/2026) | Money Market | 9.48% | — |
| Indian Bank (24/06/2027) | Money Market | 8.55% | -0.13% |
| Bank of Baroda (05/03/2027) | Money Market | 8.17% | -0.11% |
| TREPS 01-Oct-2026 | Reverse Repo / TREPS | 7.89% | — |
| ICICI Securities Limited (26/10/2026) | Debt | 6.57% | — |
| 7.95% REC Limited (12/03/2027) | Debt | 6.02% | -0.16% |
| 91TB241226 | Money Market | 5.93% | — |
| Axis Bank Limited (12/02/2027) | Money Market | 5.86% | -0.07% |
| LIC Housing Finance Limited (11/02/2027) | Money Market | 5.86% | — |
| Small Industries Dev Bank of India (18/02/2027) | Money Market | 5.85% | -0.07% |
| Canara Bank (04/03/2027) | Money Market | 5.83% | — |
| HDFC Bank Limited (14/12/2026) | Money Market | 3.26% | — |
| HDFC Securities Limited (24/12/2026) | Debt | 3.25% | — |
| 6.4% LIC Housing Finance Limited (30/11/2026) | Debt | 3.00% | -0.07% |
| 6.60% REC Limited (30/06/2027) | Debt | 2.98% | — |
View all 26 holdings
| 91TB171226 | Money Market | 2.97% | — |
| National Bank For Agriculture and Rural Development (28/01/2027) | Money Market | 2.94% | -0.03% |
| Punjab National Bank (05/02/2027) | Money Market | 2.93% | -0.04% |
| ICICI Bank Limited (08/03/2027) | Money Market | 2.92% | -0.03% |
| Union Bank of India (12/03/2027) | Money Market | 2.91% | — |
| HDFC Bank Limited (22/01/2027) | Money Market | 1.18% | -0.01% |
| Bank of Baroda (11/12/2026) | Money Market | 0.59% | — |
| 364T251226 | Money Market | 0.59% | — |
| Corporate Debt Market Development Fund Class A2 | Debt | 0.40% | -0.01% |
| Punjab National Bank (15/12/2026) | Money Market | 0.30% | — |
| Net Receivables / (Payables) | Net Current Assets | -6.23% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.54 | 0.63 | High Volatility |
| 3Y | 1.54 | 0.55 | High Volatility |
| 5Y | 1.21 | 0.53 | High Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.09 | 27.57 | Below Average |
| 3Y | -0.09 | 53.32 | Below Average |
| 5Y | 0.01 | 39.63 | Below Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Mirae Asset Ultra Short-Term Fund
Direct Plan · Growth
|
+6.55% | +7.35% | +6.75% | +6.20% |
|
Franklin India Ultra Short Term Fund
Direct Plan · Growth
|
+6.31% | — | — | +7.07% |
|
Baroda BNP Paribas Ultra Short Term Fund
Regular Plan · Growth Option
|
+6.24% | +6.95% | +6.51% | +6.30% |
|
HSBC Ultra Short Term Fund
Regular plan · Growth
|
+6.22% | +6.91% | +6.35% | +5.84% |
|
HDFC Ultra Short Term Fund
Direct Plan · Growth Option
|
+6.17% | +7.14% | +6.60% | +6.61% |
|
BANDHAN ULTRA SHORT TERM FUND
Regular Plan · Growth
|
+6.13% | +6.88% | +6.31% | +6.22% |
|
Aditya Birla Sun Life Ultra Short Term Fund
Regular Plan · GROWTH
|
+6.12% | +7.16% | +6.59% | +7.65% |
|
SBI ULTRA SHORT TERM FUND
Regular Plan · Growth
|
+6.10% | +6.88% | +6.31% | +7.12% |
|
Nippon India Ultra Short Term Fund
Regular Plan · Growth Option
|
+6.04% | +6.72% | +6.21% | +5.77% |
|
Invesco India Ultra Short Term Fund
Regular Plan · Growth
|
+6.01% | +6.81% | +6.13% | +6.99% |
More From ITI Asset Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
ITI Small Cap Fund
Direct Plan · Growth Option
|
+14.31% | +22.22% | +17.12% | +21.54% |
|
ITI Pharma and Healthcare Fund
Direct Plan · Growth Option
|
+11.53% | +20.68% | — | +14.77% |
|
ITI Flexi Cap Fund
Direct Plan · Growth Option
|
+11.05% | +19.17% | — | +22.65% |
|
ITI Multi Cap Fund
Direct Plan · Growth Option
|
+9.77% | +16.97% | +13.88% | +15.71% |
|
ITI Arbitrage Fund
Direct Plan · Growth Option
|
+6.39% | +7.26% | +6.28% | +5.53% |
|
ITI Liquid Fund
Regular Plan · Annually IDCW Option
|
+6.17% | +6.60% | +6.14% | +5.34% |
|
ITI Overnight Fund
Direct Plan · Growth Option
|
+5.01% | +5.78% | +5.58% | +4.94% |
|
ITI Banking & PSU Debt Fund
Direct Plan · Growth Option
|
+4.28% | +6.84% | +6.31% | +6.05% |
|
ITI Mid Cap Fund
Direct Plan · Growth Option
|
+2.20% | +18.24% | +14.56% | +17.03% |
|
ITI Bharat Consumption Fund
Direct Plan · Growth Option
|
+1.90% | — | — | +12.01% |
About This Scheme
Investment 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.
Stated Asset Allocation
Debt and Money Market Instruments* 0%-100%.
Exit Load
Nil
Fund Managers
Mr. Laukik Bagwe
Mr. Laukik Bagwe - Fund Manager and Head - Fixed Income
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
ITI Asset Management Limited website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.