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Fincash » Mutual Funds » IDBI Ultra Short Term Fund

IDBI Ultra Short Term Fund - G

NAV  ₹2,053.29 ↓ 0.28   (0.01 %) as on 24 Jan 20

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 8% since its launch.  Ranked 78 in Ultrashort Bond category.  Return for 2019 was 6.9% , 2018 was 6.9% and 2017 was 5.8% .

Below is the key information for IDBI Ultra Short Term Fund

NAV as on 24 Jan 20₹2,053.29 ↓ 0.28   (0.01 %)
Net Assets (AUM) as on 31 Dec 2019 ₹179 Cr.
Launch Date3 Sep 2010
CategoryDebt - Ultrashort Bond
Rating
TypeOpen Ended Fund
RiskModerately Low
Yield To Maturity6.18%
Effective Maturity6 Months 27 Days
Modified Duration5 Months 6 Days
Alpha Ratio0.0
Expense Ratio0.89 %
Sharpe Ratio0.595
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 24 Jan 20

DurationReturns
1 Month 0.5%
3 Month 1.6%
6 Month 7.9%
1 Year 6.8%
3 Year 6.5%
5 Year 7%
10 Year
15 Year
Since launch 8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 6.9%
2017 6.9%
2016 5.8%
2015 7.9%
2014 7.8%
2013 8.7%
2012 9.2%
2011 9.7%
2010 9.3%

Growth of 10k Over Years

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,784
31 Dec 16₹11,632
31 Dec 17₹12,306
31 Dec 18₹13,156
31 Dec 19₹14,063
IDBI Ultra Short Term Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash77.43%
Debt22.57%
IDBI Ultra Short Term Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent69.8%
Corporate20.48%
Government9.72%
IDBI Ultra Short Term Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Treps
CBLO/Reverse Repo | -
60%₹117 Cr11,688,871
↑ 735,102
Punjab National Bank
Debentures | -
9%₹17 Cr1,700,000
J.K.Cement Limited
Debentures | -
8%₹15 Cr2,500,000
THE TATA POWER COMPANY LIMITED
Commercial Paper | -
8%₹15 Cr1,500,000
↑ 1,500,000
ECL Finance Limited
Debentures | -
8%₹15 Cr1,500,000
Vedanta Limited
Debentures | -
3%₹6 Cr650,000
↑ 250,000
Net Receivable / Payable
Net Current Assets | -
3%₹5 Cr
Axis Bank Limited
Debentures | -
2%₹3 Cr300,000
Housing And Urban Development Corporation Ltd.
Debentures | -
1%₹2 Cr200,000
J.K.Cement Limited
Debentures | -
0%₹1 Cr200,000
1 - 10 of 10
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Fund Managers

NameSinceTenure
Bhupesh Kalyani1 Feb 172.75 Yr.

Custodians

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

Registrar & Transfer Agent

KFin Technologies Private Limited
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
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
₹1,073.25
↑ 0.15
6.71 %5.09 %4.96 %5.38 %
IDBI Ultra Short Term Fund
Weekly Dividend, Reinvestment
₹1,073.25
↑ 0.15
6.71 %5.09 %4.96 %5.38 %
IDBI Ultra Short Term Fund
Monthly Dividend, Payout
₹1,113.72
↑ 0.15
6.69 %5.07 %5.33 %5.59 %
IDBI Ultra Short Term Fund
Monthly Dividend, Reinvestment
₹1,113.72
↑ 0.15
6.69 %5.07 %5.33 %5.59 %
IDBI Ultra Short Term Fund
Growth
₹2,053.29
↑ 0.28
7.93 %6.79 %6.51 %7.03 %
IDBI Ultra Short Term Fund
Daily Dividend, Reinvestment
₹1,017.01
6.59 %4.84 %4.65 %5.1 %
Data as on 24 Jan 20

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