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

Buy Now Start SIP

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
Aditya Birla Sun Life Savings Fund Direct Plan Growth	561.687	8.32%	20,228 cr	0.33%	Average
Nippon India Ultra Short Duration Fund Direct Growth Option	4467.867	8.11%	9,919 cr	0.38%	Below Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1330.039	8.03%	1,663 cr	0.16%	Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	30.134	8.03%	17,442 cr	0.39%	Average
Axis Ultra Short Duration Fund Direct Growth	15.718	8.03%	6,681 cr	0.38%	Below Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	2894.748	7.94%	1,108 cr	0.24%	Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4573.254	7.93%	4,551 cr	0.35%	Below Average