Latest NAV & returns of IDBI ASSET MANAGEMENT SERVICES LTD

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

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previously known as IDBI Ultra Short Term Dir Mn DR until

NAV on June 07, 2023
Category Fixed income:
Ultra Short Duration
Interest rate sensitivity
Credit quality
Limited Sensitivity High Quality
Total Assets 148 cr
Turnover Ratio 6138.25%
Expense Ratio 0.25%
Exit Load -
Returns
  • 1M: 0.65%
  • 1Y: 5.87%
  • 3M: 1.91%
  • 3Y: 4.96%
  • 6M: 3.43%
  • 5Y: 5.25%
Min Investment 5,000
ADDITIONAL INFO
Fund Manager Raju Sharma (Since 9 months)
ISIN INF397L01AR2
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%
ASSET ALLOCATION
CREDIT QUALITY (%)
AAA 89.20%
AA 10.80%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
RISK MEASURES (3 yrs)
vs CRISIL Ultra Short Duration TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 1.256
Sharpe 0.759
Std Dev 0.542
Risk Above Average
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 Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
25.673 6.82% 12,960 cr 0.39% Average
477.145 6.75% 14,516 cr 0.34% Average
38.618 6.70% 12,181 cr 0.37% Average
3903.038 6.62% 2,354 cr 0.45% High
30.690 6.60% 372 cr 0.27% Below Average
Best Ultra Short Duration Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
3797.834 7.03% 5,453 cr 0.37% High
1342.721 6.98% 555 cr 0.22% Below Average
13.387 6.89% 5,371 cr 0.31% Below Average
25.673 6.82% 12,960 cr 0.39% Average
477.145 6.75% 14,516 cr 0.34% Average
2515.223 6.73% 704 cr 0.17% Low
38.618 6.70% 12,181 cr 0.37% Average


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