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

2214.411 (0.012%)

NAV on September 18, 2020

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 263 cr

Turnover Ratio 536.00%

Expense Ratio 0.26%

Exit Load -

Returns

1M: 0.32%
1Y: 6.09%
3M: 1.66%
3Y: 6.93%
6M: 3.06%
5Y: 7.39%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Bhupesh Kalyani (Since over 3 years)

ISIN INF397L01AV4

Fund Family IDBI

Launch Date January 01, 2013

Benchmark CRISIL Ultra Short Term Debt TR INR

Avg. Maturity 0.48 years

Yield To Maturity (%) 4.42%

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
PGIM India Ultra Short Term Fund Direct Plan Growth	26.982	53.81%	142 cr	0.30%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	22.258	8.00%	6,940 cr	0.39%	Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	416.647	7.63%	16,218 cr	0.34%	Average
Kotak Savings Fund Direct Growth	33.947	7.00%	11,176 cr	0.33%	Below Average
SBI Magnum Ultra Short Duration Fund Direct Plan Growth	4622.857	6.82%	12,635 cr	0.33%	Below Average
L&T Ultra Short Term Fund Direct Plan Growth	34.428	6.55%	2,045 cr	0.23%	Below Average
Indiabulls Ultra Short Term Fund - Direct Plan - Growth Option	2063.091	6.50%	22 cr	0.11%	Below Average

Best Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
PGIM India Ultra Short Term Fund Direct Plan Growth	26.982	53.81%	142 cr	0.3%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	22.258	8.00%	6,940 cr	0.39%	Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	416.647	7.63%	16,218 cr	0.34%	Average
HDFC Ultra S/T Fund Direct Growth	11.668	7.18%	11,891 cr	0.34%	-
Kotak Savings Fund Direct Growth	33.947	7.00%	11,176 cr	0.33%	Below Average
Axis Ultra Short Term Fund Direct Growth	11.677	6.89%	4,062 cr	0.28%	-
SBI Magnum Ultra Short Duration Fund Direct Plan Growth	4622.857	6.82%	12,635 cr	0.33%	Below Average