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

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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	26.190	7.25%	14,140 cr	0.39%	Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	486.997	7.25%	14,358 cr	0.34%	Average
Kotak Savings Fund Direct Growth	39.394	7.16%	13,321 cr	0.36%	Below Average
Invesco India Ultra Short Term Fund Direct Plan Growth	2521.389	7.14%	748 cr	0.24%	Average
UTI - Ultra Short Term Fund - Direct Plan - Growth Option	3981.561	7.09%	2,224 cr	0.42%	High
PGIM India Ultra Short Duration Fund Direct Plan Growth	31.295	7.05%	348 cr	0.27%	Below Average