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Fincash » Mutual Funds » IDBI Ultra Short Term Fund

IDBI Ultra Short Term Fund - G

NAV  ₹2,398.66 ↑ 0.45  (0.02 %) as on 26 May 23

Scheme 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.

IDBI Ultra Short Term Fund is a Debt - Ultrashort Bond fund launched on 3 Sep 10. It is a fund with Moderately Low risk and has given a CAGR return of 7.1% since its launch.  Ranked 78 in Ultrashort Bond category.  Return for 2022 was 4.5% , 2021 was 3.9% and 2020 was 5.1% .

Below is the key information for IDBI Ultra Short Term Fund

NAV as on 26 May 23₹2,398.66 ↑ 0.45  (0.02 %)
Net Assets (AUM) as on 15 May 2023 ₹148 Cr.
Launch Date3 Sep 2010
CategoryDebt - Ultrashort Bond
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity7.13%
Effective Maturity4 Months 4 Days
Modified Duration3 Months 15 Days
Alpha Ratio0.0
Expense Ratio0.6 %
Sharpe Ratio-1.11
Information Ratio0.0
BenchmarkNot Available
ISININF397L01745
AMCIDBI Asset Management Limited
Min Investment ₹5,000
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 26 May 23

DurationReturns
1 Month 0.6%
3 Month 1.8%
6 Month 3.3%
1 Year 6.1%
3 Year 4.8%
5 Year 5.5%
10 Year
15 Year
Since launch 7.1%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 4.5%
2021 3.9%
2020 5.1%
2019 6.9%
2018 6.9%
2017 5.8%
2016 7.9%
2015 7.8%
2014 8.7%

Growth of 10k Over Years

DateValue
30 Apr 18₹10,000
30 Apr 19₹10,733
30 Apr 20₹11,318
30 Apr 21₹11,897
30 Apr 22₹12,375
30 Apr 23₹13,067
IDBI Ultra Short Term Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash77.27%
Debt22.73%
IDBI Ultra Short Term Fund Asset Allocation

Sector Allocation

SectorValue
Government47.99%
Corporate29.62%
Cash Equivalent22.39%
RatingValue
AA10.8%
AAA89.2%
IDBI Ultra Short Term Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
364 DTB 12102023
Sovereign Bonds | -
16%₹24 Cr2,500,000
91 DTB 10082023
Sovereign Bonds | -
7%₹10 Cr1,000,000
↑ 1,000,000
Steel Authority Of India Limited
Debentures | -
4%₹5 Cr520,000
Udaipur Cement Wor
Debentures | -
2%₹3 Cr250,000
JSW Steel Limited
Debentures | -
1%₹2 Cr150,000
Treps
CBLO/Reverse Repo | -
16%₹23 Cr
State Bank Of India
Certificate of Deposit | -
15%₹21 Cr2,200,000
HDFC Bank Limited
Certificate of Deposit | -
10%₹15 Cr1,500,000
Sbm Bank (India) Limited
Certificate of Deposit | -
10%₹15 Cr1,500,000
Axis Bank Limited
Certificate of Deposit | -
7%₹10 Cr1,000,000
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Fund Managers

NameSinceTenure
Raju Sharma7 Sep 220.64 Yr.

Custodians

CompanyAddress
Stock Holding Corporation of IndiaMittal Court, ‘B’ Wing,,Nariman Point

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
IDBI Mutual Fund4th Floor, IDBI Tower, WTC Complex, Cuffe Parade, Colaba Mumbai 400005

Auditors

CompanyAddress
M/s. Ray and RayM/s. Ray and Ray

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
IDBI Ultra Short Term Fund
Weekly Dividend, Payout
₹1,099.53
↑ 0.20
3.33 %5.93 %4.67 %4.82 %
IDBI Ultra Short Term Fund
Weekly Dividend, Reinvestment
₹1,099.53
↑ 0.20
3.33 %5.93 %4.67 %4.82 %
IDBI Ultra Short Term Fund
Monthly Dividend, Payout
₹1,117.85
↓ -5.79
2.22 %5.01 %4.41 %4.78 %
IDBI Ultra Short Term Fund
Monthly Dividend, Reinvestment
₹1,117.85
↓ -5.79
2.22 %5.01 %4.41 %4.78 %
IDBI Ultra Short Term Fund
Growth
₹2,398.66
↑ 0.45
3.33 %6.08 %4.77 %5.53 %
IDBI Ultra Short Term Fund
Daily Dividend, Reinvestment
₹1,017.01
3.3 %6.05 %4.66 %4.73 %
Data as on 26 May 23

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.