IDBI Ultra Short Term Fund - Direct - Growth+0.03%

6.20%
1 Year Return
Debt
Ultra Short Duration
3.0 star
1Y
3Y
5Y

Fund Details

IDBI Ultra Short Term Fund - Direct - Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.26%
NAV2008.2 (24 May 2019)
Fund Started01 Jan 2013
Fund Size328 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDBI Ultra Short Term Fund - Direct - Growth
6.2%
7.0%
7.7%
8.0%
Category Average
6.1%
6.6%
7.4%
-
Rank within category
16
13
14
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 6.2% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the caregory
    2. Risk-adjusted returns are higher compared to the caregory
    3. Risk is lower compared to the benchmark
    4. Lower expense ratio
    5. 3Y Returns are higher than the benchmark
    6. 5Y Returns are higher than the benchmark
    7. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

    Top Holdings

    NameSectorInstrument% Assets
    Chennai Petroleum Corpn. Ltd.EnergyCP7.6%
    FinancialCP7.6%
    ChemicalsCP7.6%
    FinancialCD7.6%
    IDFC First Bank Ltd.FinancialCD7.6%
    MetalsCP7.6%
    Dewan Housing Finance Corpn. Ltd.FinancialCP7.5%
    Housing & Urban Development Corpn. Ltd.FinancialCP7.5%
    ConstructionDebenture4.6%
    ECL Finance Ltd.FinancialDebenture4.5%
    See All

    About IDBI Mutual Fund

    IDBI Mutual Fund started their mutual fund on 29/03/2010 and its managing total assets of Rs. 9,570 Cr. Its ranked at 25 as per total assets at end of 30th Sep 2016.

    IDBI bank is one the largest bank in the countries and has played a subsequently large role in the economic and financial progress of the country. It has been in the financial industry for over 40 years has developed itself into a commercial bank since then.

    IDBI boasts of having a host a of innovative products and presents a wide counter of mutual funds keeping in mind investor objectives. The asset management company pioneers to bring about world class service to its investors through strategic investing decisions that will optimize investor's capital.

    The mission of the company states that it looks to assist a common man to make informed investment decisions through mutual funds, which will further help the investor attain prosperity through the capital market.

    Address
    5th floor, Mafatlal Centre, Nariman Point Mumbai 400021
    Phone
    022-6644 2800
    Launch Date
    28 Mar 2010
    IDBI Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    NAV (24 May 2019)   2,008.20
    Enter investment amount
    + ₹1,000
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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