|Risk||Low to Moderate|
|Min SIP Amount||Not Supported|
|NAV||₹2182.08 (15 Jun 2021)|
|Fund Started||02 May 2014|
|Fund Size||₹449 Cr|
|Reserve Bank of India||Financial||T-Bills||22.1%|
|Ultratech Cement Ltd.||Construction||CP||5.6%|
|Cholamandalam Investment & Finance Co. Ltd.||Financial||CP||5.6%|
|Reliance Industries Ltd.||Energy||CP||5.6%|
|Bandhan Bank Ltd.||Financial||CD||5.5%|
|National Bank For Agriculture & Rural Development||Financial||CP||5.5%|
|Axis Bank Ltd.||Financial||CD||5.5%|
|Reserve Bank of India||Financial||T-Bills||3.3%|
|Chennai Petroleum Corpn. Ltd.||Energy||CP||3.3%|
|Punjab National Bank||Financial||3.2%|
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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.