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IDBI Ultra Short Term Fund Bonus+0.02%

4.66%
1 Year Return
Debt
Ultra Short Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

IDBI Ultra Short Term Fund Bonus

RiskLow to Moderate
Min SIP AmountNot Supported
Expense Ratio0.60%
NAV₹2182.08 (15 Jun 2021)
Fund Started02 May 2014
Fund Size449 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.7%
5.8%
6.1%
7.7%
Category Average
4.4%
5.4%
6.0%
-
Rank Within Category
5
10
7
-
*All returns are annualized.
SIP
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 4.7% returns per annum

Comparison

Data not available
Pros
1. 3Y Returns are higher than the category average returns
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

Top Holdings

NameSectorInstrument% Assets
Reserve Bank of IndiaFinancialT-Bills22.1%
Ultratech Cement Ltd.ConstructionCP5.6%
Cholamandalam Investment & Finance Co. Ltd.FinancialCP5.6%
Reliance Industries Ltd.EnergyCP5.6%
Bandhan Bank Ltd.FinancialCD5.5%
National Bank For Agriculture & Rural DevelopmentFinancialCP5.5%
Axis Bank Ltd.FinancialCD5.5%
Reserve Bank of IndiaFinancialT-Bills3.3%
Chennai Petroleum Corpn. Ltd.EnergyCP3.3%
Punjab National BankFinancial3.2%
See All

IDBI Ultra Short Term Fund Bonus Details

IDBI Ultra Short Term Fund Bonus is a Debt Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 02 May 2014. Bupesh Kalyani is the Current Fund Manager of IDBI Ultra Short Term Fund Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹449 Cr and the Latest NAV as of 15 Jun 2021 is ₹2182.08.

The IDBI Ultra Short Term Fund Bonus is rated Low to Moderate risk. Minimum SIP Investment is set to 500.

Investment Objective

The scheme seeks to provide investors with regular income for there investments by investing in Debt/ 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.

Tax Implications

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Nil
Exit Load

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About IDBI Mutual Fund

Address
5th floor, Mafatlal Centre, Nariman Point Mumbai 400021
Phone
022-6644 2800
Launch Date
29 Mar 2010
Website
NA
IDBI Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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