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

1453.225 (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: 0.53%
1Y: 6.06%
3M: 1.66%
3Y: 4.90%
6M: 3.45%
5Y: 5.24%

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.

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.

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Nippon India Ultra Short Duration Fund Direct Growth Option	4235.042	7.98%	8,313 cr	0.38%	Below Average
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ICICI Prudential Ultra Short Term Fund Direct Plan Growth	28.573	7.85%	14,206 cr	0.39%	Below Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4342.167	7.81%	3,046 cr	0.33%	Average
HDFC Ultra S/T Fund Direct Growth	14.778	7.74%	14,802 cr	0.37%	Average