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Fincash » Mutual Funds » IDBI Ultra Short Term Fund

IDBI Ultra Short Term Fund - G

NAV  ₹2,424.68 ↑ 0.44  (0.02 %) as on 28 Jul 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. .

Below is the key information for IDBI Ultra Short Term Fund

NAV as on 28 Jul 23₹2,424.68 ↑ 0.44  (0.02 %)
Net Assets (AUM) as on 30 Jun 2023 ₹146 Cr.
Launch Date3 Sep 2010
CategoryDebt - Ultrashort Bond
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity6.83%
Effective Maturity2 Months 23 Days
Modified Duration2 Months 10 Days
Alpha Ratio0.0
Expense Ratio0.6 %
Sharpe Ratio-0.571
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 28 Jul 23

DurationReturns
1 Month 0.5%
3 Month 1.6%
6 Month 3.4%
1 Year 6.4%
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
2023
2022
2021
2020
2019
2018
2017
2016
2015

Growth of 10k Over Years

DateValue
30 Jun 19₹10,000
30 Jun 20₹11,076
30 Jun 21₹11,551
30 Jun 22₹12,008
30 Jun 23₹12,759
IDBI Ultra Short Term Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
IDBI Ultra Short Term Fund Asset Allocation

Sector Allocation

SectorValue
RatingValue
IDBI Ultra Short Term Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
0 of 0
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Fund Managers

NameSinceTenure

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
IDBI Ultra Short Term Fund
Weekly Dividend, Payout
₹1,101.14
↑ 0.20
3.37 %6.24 %4.7 %4.86 %
IDBI Ultra Short Term Fund
Weekly Dividend, Reinvestment
₹1,101.14
↑ 0.20
3.37 %6.24 %4.7 %4.86 %
IDBI Ultra Short Term Fund
Monthly Dividend, Payout
₹1,118.64
↑ 0.20
3.35 %5.88 %4.62 %4.89 %
IDBI Ultra Short Term Fund
Monthly Dividend, Reinvestment
₹1,118.64
↑ 0.20
3.35 %5.88 %4.62 %4.89 %
IDBI Ultra Short Term Fund
Growth
₹2,424.68
↑ 0.44
3.37 %6.39 %4.79 %5.49 %
IDBI Ultra Short Term Fund
Daily Dividend, Reinvestment
₹1,017.01
3.34 %6.36 %4.68 %4.76 %
Data as on 28 Jul 23

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