Home>Mutual Funds>IDBI Mutual Fund>IDBI Ultra Short Term Fund Direct Growth

IDBI Ultra Short Term Fund Direct Growth

Debt
Ultra Short Duration
Low to Moderate Risk
4.18%
1Y return
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 17 Sep 2021₹2,306.70
Min. SIP amount₹500
Rating2star
Fund size₹364.74 Cr

Returns and rankings

Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.2%6.0%6.4%7.5%
Category average3.7%5.5%5.9%NA
Rank with in category8117NA
Understand termsinfo

Holdings (15)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills25.3%
Reserve Bank of India
FinancialT-Bills12.7%
EnergyCP6.4%
ChemicalsCP6.4%
National Bank For Agriculture & Rural Development
FinancialCP6.4%
FinancialCP6.3%
Reserve Bank of India
FinancialT-Bills6.3%
Reserve Bank of India
FinancialT-Bills6.3%
Reserve Bank of India
FinancialT-Bills5.0%
FinancialAdditional Tier 1 Bo1.2%
See All

Pros and cons

info
Category: Debt Ultra Short Duration
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Pros

Lower expense ratio - 0.28%
1Y Returns are higher than the category average returns
3Y Returns are higher than the category average returns
5Y Returns are higher than the category average returns
Exit load is zero
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Cons

Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

Expense ratio, exit load and tax

Expense ratio: 0.28%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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

Understand termsinfo
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund house & investment objective

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Fund house contact details

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