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

2442.698 (0.015%)

NAV on December 01, 2022

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 212 cr

Turnover Ratio 6138.25%

Expense Ratio 0.25%

Exit Load -

Returns

1M: 0.56%
1Y: 4.54%
3M: 1.47%
3Y: 4.85%
6M: 2.80%
5Y: 5.88%

Min Investment 5,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Raju Sharma (Since 3 months)

ISIN INF397L01AV4

Fund Family IDBI

Launch Date January 01, 2013

Benchmark CRISIL Ultra Short Duration TR INR

Avg. Maturity 0.47 years

Yield To Maturity (%) 6.82%

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	24.713	4.83%	11,752 cr	0.39%	Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	459.520	4.69%	14,221 cr	0.34%	Above Average
PGIM India Ultra Short Duration Fund Direct Plan Growth	29.583	4.65%	504 cr	0.20%	Below Average
Kotak Savings Fund Direct Growth	37.188	4.64%	12,853 cr	0.36%	Average
SBI Magnum Ultra Short Duration Fund Direct Plan Growth	5042.756	4.36%	9,829 cr	0.29%	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	3654.012	5.26%	4,915 cr	0.38%	High
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	24.713	4.83%	11,752 cr	0.39%	Average
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth	1292.814	4.81%	555 cr	0.22%	Below Average
Axis Ultra Short Term Fund Direct Growth	12.880	4.80%	4,581 cr	0.3%	Below Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	459.520	4.69%	14,221 cr	0.34%	Above Average
Tata Ultra Short Term Fund Direct Growth	12.291	4.69%	1,330 cr	0.25%	Low
Sundaram Ultra Short Duration Fund- Direct Plan - Growth Option	2421.942	4.67%	675 cr	0.17%	Low