About YES Ultra Short Term Fund Direct - Dividend Daily
YES Ultra Short Term Fund Direct - Dividend Daily is a Debt
mutual fund scheme from YES Mutual Fund
. This scheme was launched on 06 Jun 2019 and is currently managed by its fund manager Piyush Baranwal
. It has an AUM of ₹91.57 Crores and the latest NAV decalared is ₹1001.439 as on 18 Oct 2019 at 9:45 pm.
YES Ultra Short Term Fund Direct - Dividend Daily scheme return performance is 2.54% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
About Fund Category
Ultra Short Duration Funds maintain a portfolio of debt and money market instruments wherein the portfolio has a Macaulay duration of around 3 to 6 months. Among the duration funds, these funds are relatively less affected by the movement of overall interest rates. These funds may be suitable to earn regular income with high liquidity.