Item: IDBI Ultra Short Term Fund Direct Monthly Payout of Income Distribution cum Cap Wdrl
Rating: 4
Author: Morningstar

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

1457.552 (0.009%)

NAV on October 20, 2021

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 328 cr

Turnover Ratio 7687.24%

Expense Ratio 0.27%

Exit Load -

Returns

1M: 0.85%
1Y: 4.57%
3M: 1.47%
3Y: 5.26%
6M: 2.40%
5Y: 5.78%

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Bhupesh Kalyani (Since over 4 years)

ISIN INF397L01AS0

Fund Family IDBI

Launch Date January 01, 2013

Benchmark CRISIL Ultra Short Term Debt TR INR

Avg. Maturity 0.46 years

Yield To Maturity (%) 3.78%

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	23.471	4.74%	9,692 cr	0.39%	Average
Axis Ultra Short Term Fund Direct Growth	12.240	4.25%	6,406 cr	0.30%	Below Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	437.079	4.24%	17,747 cr	0.34%	Average
HDFC Ultra S/T Fund Direct Growth	12.201	3.99%	17,621 cr	0.34%	Average
PGIM India Ultra Short Term Fund Direct Plan Growth	28.160	3.84%	714 cr	0.29%	Above Average
Kotak Savings Fund Direct Growth	35.402	3.73%	13,509 cr	0.33%	Below Average
Invesco India Ultra Short Term Fund Direct Plan Growth	2268.600	3.73%	1,079 cr	0.24%	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	3455.454	9.05%	2,872 cr	0.25%	High
UTI - Ultra Short Term Fund - Direct Plan - Growth Option	3584.339	6.95%	1,933 cr	0.38%	Above Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	23.471	4.74%	9,692 cr	0.39%	Average
IDBI Ultra Short Term Fund Direct Growth	2326.788	4.57%	328 cr	0.27%	Above Average
Axis Ultra Short Term Fund Direct Growth	12.240	4.25%	6,406 cr	0.3%	Below Average
Aditya Birla Sun Life Savings Fund Direct Plan Growth	437.079	4.24%	17,747 cr	0.34%	Average
HDFC Ultra S/T Fund Direct Growth	12.201	3.99%	17,621 cr	0.34%	Average