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	543.398	7.85%	14,988 cr	0.34%	Average
Nippon India Ultra Short Duration Fund Direct Growth Option	4329.251	7.83%	7,545 cr	0.38%	Below Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1289.317	7.76%	1,602 cr	0.18%	Below Average
Axis Ultra Short Duration Fund Direct Growth	15.229	7.69%	5,595 cr	0.36%	Below Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4436.140	7.66%	3,385 cr	0.33%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	29.185	7.64%	13,589 cr	0.39%	Below Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	2807.276	7.63%	1,337 cr	0.24%	Average

Best Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Aditya Birla Sun Life Savings Fund Direct Plan Growth	543.398	7.85%	14,988 cr	0.34%	Average
Nippon India Ultra Short Duration Fund Direct Growth Option	4329.251	7.83%	7,545 cr	0.38%	Below Average
DSP Ultra Short Fund Direct Plan Growth	3613.138	7.77%	2,902 cr	0.3%	Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1289.317	7.76%	1,602 cr	0.18%	Below Average
Tata Ultra Short Term Fund Direct Growth	14.524	7.71%	5,209 cr	0.3%	Below Average
Axis Ultra Short Duration Fund Direct Growth	15.229	7.69%	5,595 cr	0.36%	Below Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4436.140	7.66%	3,385 cr	0.33%	Average