DebtLow Duration FundDirectLow to Moderate

UTI Low Duration Fund

Q: What is the NAV of UTI Low Duration Fund?

The last published NAV of UTI Low Duration Fund was ₹2,199.72 per unit, on 01 Mar 2021. The scheme has not published a NAV since then — it has likely been merged, wound up or discontinued, so this figure is historical, not a current price.

Q: What is the expense ratio of UTI Low Duration Fund?

UTI Low Duration Fund charges an expense ratio of 0.33% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: How risky is UTI Low Duration Fund?

UTI Low Duration Fund is rated low to moderate on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was -12.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of UTI Low Duration Fund?

UTI Low Duration Fund is benchmarked against the Nifty Low Duration Debt Index A-I. Its alpha and beta on this page are measured against that index.

Q: Who manages UTI Low Duration Fund?

UTI Low Duration Fund is managed by Anurag Mittal at UTI.

Q: How is UTI Low Duration Fund taxed?

UTI Low Duration Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

UTI Mutual Fund · Best Low Duration Mutual Funds

NAV

₹2,199.72

as of 01 Mar 2021

This is the Direct plan of UTI Low Duration Fund — bought from the fund house, with no distributor commission in its expense ratio.

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This scheme hasn’t published a NAV since 01 Mar 2021 — it appears to have been discontinued or merged. Trailing return and risk metrics need recent pricing, so they can’t be computed; only the NAV history and lifetime drawdown are shown below.

NAV history

+6.41%absolute

52-week rangePrev NAV ₹2,199.17

Latest ₹2,199.72

Low ₹2,048.25100th percentile of its 52-week rangeHigh ₹2,199.72

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough Low Duration Fund peers to rank yet

Risk—

Volatility not available yet

CostAverage

0.3% expense vs 0.3% category avg

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Consistent — positive in 100% of rolling 3-year windows

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.33%

Category 0.34%▼0.01%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category 1.60

Scheme Info

Definitions

Plan

Direct

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Entry Load Exit Load (As % of NAV) (As % of NAV) NIL NIL

—

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

—

Smallest recurring SIP instalment the scheme accepts

₹1,000

Smallest one-time (lumpsum) investment the scheme accepts

₹500

Nifty Low Duration Debt Index A-I

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

27 Nov 2013

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

—

Absolute return over the last 3 months (not annualized)

—

Absolute return over the last 6 months (not annualized)

—

Absolute return since 1 Jan of this year (not annualized)

—

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

—

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

—

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-12.00%

Benchmark ratios

Not shown for Low Duration Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.61L

Absolute

+10.11%

XIRR

+3.93%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into UTI Low Duration Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2021part	+0.35%
2020	+7.37%
2019	-3.97%
2018	+7.45%
2017	+7.21%
2016	+9.08%
2015	+8.91%
2014	+10.18%
2013part	+0.22%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

1,672

Expense ratio

0.33%

AUM

₹2,900Cr

Exit load

Entry Load Exit Load (As % of NAV) (As % of NAV) NIL NIL

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Low Duration Fund

Compare all


UTI Low Duration FundThis fund UTI · Direct	—	—	—	—	—	0.33%	₹2,900Cr
HSBC Ultra Short to Short Term Fund HSBC · Direct · Growth	★★★★★	+6.26%	+7.82%	—	—	0.40%	—
Kotak Ultra Short to Short Term Fund Kotak Mahindra · Direct · Growth	★★★★☆	+6.26%	+7.45%	+6.73%	—	0.41%	—
Nippon India Ultra Short to Short Term Fund Nippon India · Direct · Growth	★★★★☆	+6.34%	+7.44%	+6.75%	—	0.39%	—
Nippon India Ultra Short to Short Term Fund Nippon India · Direct	—	+6.34%	+7.44%	+6.75%	—	0.39%	—
Nippon India Ultra Short to Short Term Fund Nippon India · Direct · IDCW	—	+6.34%	+7.44%	+6.11%	—	0.39%	—

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-12.0%03 Jun 2019 → 07 Jun 2019
Fell over 4 days, back to the old high on 28 Dec 2020 — 1.6 years under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹2,900Cr

April - June 2026

+5%

since January - March 2026

+₹136.97Cr

est. net flow, last quarter

At or near its largest, ₹2,900Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

UTI Mutual Fund descends from the Unit Trust of India, which was effectively the whole Indian mutual fund industry from 1963 until private managers were allowed in. It was carved out as a SEBI-registered fund house in 2003, is listed on the exchanges, and is held by SBI, LIC, Bank of Baroda, PNB and T. Rowe Price rather than a single parent.

Launched

13 Nov 2002

Total AUM

₹3,92,691Cr+1.1% QoQ

Avg AUM · April - June 2026

Website

utimf.com

Fund Managers

AMAnurag MittalStart date not disclosed

Role

Executive Vice President & Head- Fixed Income

Education

B Com, MSc, B.Com from University of Delhi, Chartered Accountant

Experience

He is B.Com from holder from Institute of working with Bandhan had been associated with has total work

Funds managed (15)

All schemes Anurag Mittal runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

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Fund managers

Anurag Mittal

UTI in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Low Duration funds

Low duration funds run a Macaulay duration of 6 to 12 months. They sit between ultra short and short duration funds, aimed at money with a horizon of about a year.

Frequently asked questions

What is the NAV of UTI Low Duration Fund?

The last published NAV of UTI Low Duration Fund was ₹2,199.72 per unit, on 01 Mar 2021. The scheme has not published a NAV since then — it has likely been merged, wound up or discontinued, so this figure is historical, not a current price.

What is the expense ratio of UTI Low Duration Fund?

UTI Low Duration Fund charges an expense ratio of 0.33% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

How risky is UTI Low Duration Fund?

UTI Low Duration Fund is rated low to moderate on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was -12.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of UTI Low Duration Fund?

UTI Low Duration Fund is benchmarked against the Nifty Low Duration Debt Index A-I. Its alpha and beta on this page are measured against that index.

Who manages UTI Low Duration Fund?

UTI Low Duration Fund is managed by Anurag Mittal at UTI.

How is UTI Low Duration Fund taxed?

UTI Low Duration Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.