Item: IDBI Ultra Short Term Fund Direct Growth
Rating: 4
Author: Morningstar

Home › Mutual Funds › IDBI Mutual Fund › IDBI Ultra Short Term Fund Direct Growth

2552.104 (0.019%)

NAV on July 28, 2023

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 144 cr

Turnover Ratio 3858.51%

Expense Ratio 0.25%

Exit Load -

Returns

1M: 0.54%
1Y: 6.59%
3M: 1.67%
3Y: 5.08%
6M: 3.47%
5Y: 5.88%

Min Investment 5,000

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INVESTMENT OBJECTIVE

The objective of the Scheme will be to provide investors with regular income for their investment by investing in debt and money market instruments with relatively lower interest rate risk, such that the Macaulay duration of the portfolio is maintained between 3 months to 6 months. However, there can be no assurance that the investment objective of the Scheme will be realized.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

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Top Rated
Top Performing

Top Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Aditya Birla Sun Life Savings Fund Direct Plan Growth	509.351	7.69%	11,837 cr	0.39%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	27.393	7.63%	12,907 cr	0.39%	Below Average
Axis Ultra Short Term Fund Direct Growth	14.284	7.62%	4,484 cr	0.29%	Below Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4161.470	7.53%	2,093 cr	0.43%	High
HDFC Ultra S/T Fund Direct Growth	14.171	7.50%	12,537 cr	0.36%	Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	2633.413	7.45%	614 cr	0.24%	Average
Kotak Savings Fund Direct Growth	41.142	7.43%	14,443 cr	0.37%	Average

Best Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Nippon India Ultra Short Duration Fund Direct Growth Option	4055.819	7.73%	5,526 cr	0.38%	High
Aditya Birla Sun Life Savings Fund Direct Plan Growth	509.351	7.69%	11,837 cr	0.39%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	27.393	7.63%	12,907 cr	0.39%	Below Average
Axis Ultra Short Term Fund Direct Growth	14.284	7.62%	4,484 cr	0.29%	Below Average
DSP Ultra Short Fund Direct Plan Growth	3385.052	7.62%	2,377 cr	0.31%	Average
Tata Ultra Short Term Fund Direct Growth	13.615	7.60%	2,669 cr	0.31%	Below Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1208.219	7.60%	1,489 cr	0.22%	Below Average