Item: IDBI Ultra Short Term Fund Direct Monthly Payout of Income Distribution cum Cap Wdrl
Rating: 3
Author: Morningstar

Home › Mutual Funds › IDBI Mutual Fund › IDBI Ultra Short Term Fund Direct Monthly Payout of Income Distribution cum Cap Wdrl

1455.703 (0.013%)

NAV on June 09, 2023

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 152 cr

Turnover Ratio 6138.25%

Expense Ratio 0.25%

Exit Load -

Returns

1M: 0.58%
1Y: 5.84%
3M: 1.89%
3Y: 4.95%
6M: 3.42%
5Y: 5.25%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Raju Sharma (Since 9 months)

ISIN INF397L01AS0

Fund Family IDBI

Launch Date January 01, 2013

Benchmark CRISIL Ultra Short Duration TR INR

Avg. Maturity 0.33 years

Yield To Maturity (%) 7.13%

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.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

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	25.678	6.76%	12,979 cr	0.39%	Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	477.240	6.66%	15,041 cr	0.34%	Average
Kotak Savings Fund Direct Growth	38.624	6.61%	13,055 cr	0.37%	Average
UTI - Ultra Short Term Fund - Direct Plan - Growth Option	3903.826	6.55%	2,459 cr	0.45%	High
PGIM India Ultra Short Duration Fund Direct Plan Growth	30.694	6.52%	368 cr	0.27%	Below 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	3798.644	6.95%	5,453 cr	0.37%	High
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth	1343.056	6.91%	595 cr	0.22%	Below Average
Axis Ultra Short Term Fund Direct Growth	13.389	6.81%	4,976 cr	0.31%	Below Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	25.678	6.76%	12,979 cr	0.39%	Average
Sundaram Ultra Short Duration Fund- Direct Plan - Growth Option	2515.699	6.68%	755 cr	0.17%	Low
Aditya Birla Sun Life Savings Fund Direct Plan Growth	477.240	6.66%	15,041 cr	0.34%	Average
Kotak Savings Fund Direct Growth	38.624	6.61%	13,055 cr	0.37%	Average