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

Home › Mutual Funds › IDBI Mutual Fund › IDBI Ultra Short Term Fund Direct Monthly Reinvestment 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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ADDITIONAL INFO

Fund Manager Raju Sharma (Since over 2 years)

ISIN INF397L01AR2

Fund Family IDBI

Launch Date January 01, 2013

Benchmark CRISIL Ultra Short Duration TR INR

Avg. Maturity 0.35 years

Yield To Maturity (%) 6.83%

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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

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	535.161	8.05%	15,890 cr	0.34%	Average
Nippon India Ultra Short Duration Fund Direct Growth Option	4261.510	8.01%	7,783 cr	0.38%	Below Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1268.958	7.92%	1,667 cr	0.22%	Below Average
Axis Ultra Short Duration Fund Direct Growth	14.996	7.90%	6,050 cr	0.36%	Below Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	28.746	7.89%	13,935 cr	0.39%	Below Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4368.011	7.83%	3,039 cr	0.33%	Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	2763.839	7.77%	1,387 cr	0.24%	Average

Best Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Aditya Birla Sun Life Savings Fund Direct Plan Growth	535.161	8.05%	15,890 cr	0.34%	Average
Nippon India Ultra Short Duration Fund Direct Growth Option	4261.510	8.01%	7,783 cr	0.38%	Below Average
Mirae Asset Ultra Short Duration Fund Direct Growth	1268.958	7.92%	1,667 cr	0.22%	Below Average
Axis Ultra Short Duration Fund Direct Growth	14.996	7.90%	6,050 cr	0.36%	Below Average
Tata Ultra Short Term Fund Direct Growth	14.293	7.85%	3,471 cr	0.29%	Below Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4368.011	7.83%	3,039 cr	0.33%	Average

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IDBI Ultra Short Term Fund Direct Monthly Payout of Income Distribution cum Cap Wdrl

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IDBI Ultra Short Term Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl

previously known as IDBI Ultra Short Term Dir Mn DR until April 01, 2021

ADDITIONAL INFO

ASSET ALLOCATION

CREDIT QUALITY (%)

RISK MEASURES (3 yrs)

INVESTMENT OBJECTIVE

Top Ultra Short Duration Funds

Best Ultra Short Duration Funds

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