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

2372.277 (0.017%)

NAV on May 20, 2022

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 257 cr

Turnover Ratio 7687.24%

Expense Ratio 0.26%

Exit Load -

Returns

1M: 0.09%
1Y: 4.10%
3M: 0.73%
3Y: 5.75%
6M: 1.66%
5Y: 6.07%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Bhupesh Kalyani (Since over 5 years)

ISIN INF397L01AV4

Fund Family IDBI

Launch Date January 01, 2013

Benchmark CRISIL Ultra Short Duration TR INR

Avg. Maturity 0.42 years

Yield To Maturity (%) 4.45%

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.

View Factsheet

Top Rated
Top Performing

Top Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	23.983	4.13%	12,892 cr	0.39%	Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	446.097	3.86%	16,109 cr	0.33%	Average
Axis Ultra Short Term Fund Direct Growth	12.496	3.81%	6,972 cr	0.30%	Average
PGIM India Ultra Short Duration Fund Direct Plan Growth	28.724	3.61%	674 cr	0.29%	Above Average
Kotak Savings Fund Direct Growth	36.118	3.61%	12,510 cr	0.36%	Average
HDFC Ultra S/T Fund Direct Growth	12.440	3.59%	14,081 cr	0.34%	Average
Invesco India Ultra Short Term Fund Direct Plan Growth	2312.535	3.50%	781 cr	0.24%	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	3540.840	8.20%	4,568 cr	0.31%	High
UTI - Ultra Short Term Fund - Direct Plan - Growth Option	3653.373	6.43%	2,412 cr	0.37%	Above Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	23.983	4.13%	12,892 cr	0.39%	Average
IDBI Ultra Short Term Fund Direct Growth	2372.277	4.10%	257 cr	0.26%	High
Aditya Birla Sun Life Savings Fund Direct Plan Growth	446.097	3.86%	16,109 cr	0.33%	Average
Axis Ultra Short Term Fund Direct Growth	12.496	3.81%	6,972 cr	0.3%	Average
Tata Ultra Short Term Fund Direct Growth	11.934	3.75%	1,414 cr	0.29%	Below Average