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Fincash » Mutual Funds » IDBI Ultra Short Term Fund

IDBI Ultra Short Term Fund - G

NAV  ₹2,323.67 ↑ 0.33  (0.01 %) as on 1 Dec 22

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 2021 was 3.9% , 2020 was 5.1% and 2019 was 6.9% .

Below is the key information for IDBI Ultra Short Term Fund

NAV as on 1 Dec 22₹2,323.67 ↑ 0.33  (0.01 %)
Net Assets (AUM) as on 15 Nov 2022 ₹212 Cr.
Launch Date3 Sep 2010
CategoryDebt - Ultrashort Bond
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity6.86%
Effective Maturity4 Months 8 Days
Modified Duration3 Months 18 Days
Alpha Ratio0.0
Expense Ratio0.6 %
Sharpe Ratio-1.773
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 1 Dec 22

DurationReturns
1 Month 0.5%
3 Month 1.4%
6 Month 2.7%
1 Year 4.3%
3 Year 4.5%
5 Year 5.4%
10 Year
15 Year
Since launch 7.1%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2021 3.9%
2020 5.1%
2019 6.9%
2018 6.9%
2017 5.8%
2016 7.9%
2015 7.8%
2014 8.7%
2013 9.2%

Growth of 10k Over Years

DateValue
30 Nov 17₹10,000
30 Nov 18₹10,636
30 Nov 19₹11,405
30 Nov 20₹11,999
30 Nov 21₹12,483
30 Nov 22₹13,016
IDBI Ultra Short Term Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash83.14%
Debt16.86%
IDBI Ultra Short Term Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent67.3%
Government22.04%
Corporate10.66%
RatingValue
AA6.53%
AAA93.47%
IDBI Ultra Short Term Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
91 DTB 12012023
Sovereign Bonds | -
11%₹25 Cr2,500,000
↑ 2,500,000
364 DTB 12102023
Sovereign Bonds | -
10%₹23 Cr2,500,000
↑ 2,500,000
182 Dtb 01122022
Sovereign Bonds | -
7%₹15 Cr1,500,000
Steel Authority Of India Limited
Debentures | -
2%₹5 Cr520,000
The Tata Power Company Limited
Debentures | -
1%₹2 Cr200,000
Chennai Petroleum Corporation Ltd.
Debentures | -
1%₹2 Cr200,000
Rec Limited
Debentures | -
1%₹2 Cr200,000
Godrej Properties Limited
Debentures | -
1%₹1 Cr150,000
JSW Steel Limited
Debentures | -
1%₹1 Cr150,000
TATA Motors Limited
Debentures | -
1%₹1 Cr150,000
1 - 10 of 23
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Fund Managers

NameSinceTenure
Raju Sharma7 Sep 220.15 Yr.

Custodians

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

Registrar & Transfer Agent

KFin Technologies Limited
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
₹1,094.73
↑ 0.16
2.55 %4.12 %4.25 %4.62 %
IDBI Ultra Short Term Fund
Weekly Dividend, Reinvestment
₹1,094.73
↑ 0.16
2.55 %4.12 %4.25 %4.62 %
IDBI Ultra Short Term Fund
Monthly Dividend, Payout
₹1,117.26
↑ 0.16
2.22 %3.79 %4.2 %4.72 %
IDBI Ultra Short Term Fund
Monthly Dividend, Reinvestment
₹1,117.26
↑ 0.16
2.22 %3.79 %4.2 %4.72 %
IDBI Ultra Short Term Fund
Growth
₹2,323.67
↑ 0.33
2.7 %4.28 %4.51 %5.42 %
IDBI Ultra Short Term Fund
Daily Dividend, Reinvestment
₹1,017.01
2.69 %3.99 %4.22 %4.47 %
Data as on 1 Dec 22

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