IDBI Ultra Short Term Fund Direct Growth - Latest NAV[2347.31], MF Performance & Returns 2022

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IDBI Ultra Short Term Fund Direct Growth
Debt
Ultra Short Duration
Moderate Risk
5.65%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 18 Jan 2022₹2,347.31
Min. SIP amount₹500
Rating2
Fund size₹309.96Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Ultra Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.2%5.7%6.3%7.4%
Category average3.7%5.5%5.9%NA
Rank with in category6107NA
Understand terms
Holdings (16)NameSectorInstrumentAssets
OCL India Ltd.
ConstructionBonds8.2%
Axis Bank Ltd.
FinancialCD8.0%
Reliance Jio Infocomm Ltd.
CommunicationCP8.0%
SBM Bank India Ltd.
FinancialCD8.0%
Housing Development Finance Corpn. Ltd.-Warrant
FinancialCP8.0%
LIC Housing Finance Ltd.
FinancialCP8.0%
Small Industries Devp. Bank of India Ltd.
FinancialCP8.0%
HDFC Bank Ltd.
FinancialCD8.0%
Punjab National Bank
FinancialAdditional Tier 1 Bo1.5%
Tata Power Company Ltd.
EnergyDebenture0.7%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Debt Ultra Short Duration
Pros
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Exit load is zero
Lower expense ratio: 0.27%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Cons
Lower AUM: 309Cr.
Funds with lower AUM tend to have higher expense ratio
Low rating: 2
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Nov 2021 - Present
0.27%
31 Oct 2021 - 30 Nov 2021
0.27%
30 Sep 2021 - 31 Oct 2021
0.27%
31 Aug 2021 - 30 Sep 2021
0.28%
31 Jul 2021 - 31 Aug 2021
0.28%
30 Jun 2021 - 31 Jul 2021
0.28%
31 May 2021 - 30 Jun 2021
0.28%
30 Apr 2021 - 31 May 2021
0.28%
31 Mar 2021 - 30 Apr 2021
0.29%
28 Feb 2021 - 31 Mar 2021
0.28%
31 Jan 2021 - 28 Feb 2021
0.29%
31 Dec 2020 - 31 Jan 2021
0.28%
30 Nov 2020 - 31 Dec 2020
0.34%
31 Oct 2020 - 30 Nov 2020
0.26%
30 Sep 2020 - 31 Oct 2020
0.25%
31 Aug 2020 - 30 Sep 2020
0.26%
31 Jul 2020 - 31 Aug 2020
0.26%
30 Jun 2020 - 31 Jul 2020
0.26%
31 May 2020 - 30 Jun 2020
0.26%
30 Apr 2020 - 31 May 2020
0.26%
31 Mar 2020 - 30 Apr 2020
0.26%
29 Feb 2020 - 31 Mar 2020
0.26%
31 Jan 2020 - 29 Feb 2020
0.26%
30 Nov 2019 - 31 Jan 2020
0.26%
31 Oct 2019 - 30 Nov 2019
0.26%
30 Sep 2019 - 31 Oct 2019
0.26%
31 Aug 2019 - 30 Sep 2019
0.26%
31 Jul 2019 - 31 Aug 2019
0.26%
30 Jun 2019 - 31 Jul 2019
0.26%
31 May 2019 - 30 Jun 2019
0.26%
30 Apr 2019 - 31 May 2019
0.26%
31 Mar 2019 - 30 Apr 2019
0.27%
28 Feb 2019 - 31 Mar 2019
0.26%
31 Jan 2019 - 28 Feb 2019
0.26%
31 Dec 2018 - 31 Jan 2019
0.26%
30 Nov 2018 - 31 Dec 2018
0.26%
31 Oct 2018 - 30 Nov 2018
0.26%
30 Sep 2018 - 31 Oct 2018
0.28%
31 Aug 2018 - 30 Sep 2018
0.28%
31 Jul 2018 - 31 Aug 2018
0.29%
30 Jun 2018 - 31 Jul 2018
0.29%
31 May 2018 - 30 Jun 2018
0.29%
30 Apr 2018 - 31 May 2018
0.29%
31 Mar 2018 - 30 Apr 2018
0.29%
28 Feb 2018 - 31 Mar 2018
0.30%
31 Jan 2018 - 28 Feb 2018
0.46%
31 Dec 2017 - 31 Jan 2018
0.47%
30 Nov 2017 - 31 Dec 2017
0.47%
31 Oct 2017 - 30 Nov 2017
0.41%
Expense ratio, exit load and taxExpense ratio: 0.27%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementBhupesh Kalyani
Feb 2017 - Present
View details
Education
Mr. Kalyani is a CA, ICWA and CISA.
Experience
Prior to joining IDBI AMC he was with LIC Mutual Fund, Edelweiss Mutual Fund, Tata Mutual Fund and Star Union Dai-ichi life Insurance C.o. Ltd.
Also manages these schemes
IDBI Ultra Short Term Fund Growth
IDBI Ultra Short Term Fund IDCW Daily
IDBI Ultra Short Term Fund IDCW Weekly
IDBI Ultra Short Term Fund IDCW Monthly
IDBI Short Term Bond Fund IDCW Monthly
IDBI Short Term Bond Fund IDCW Weekly
IDBI Short Term Bond Fund Growth
IDBI Short Term Bond Fund Direct Growth
IDBI Ultra Short Term Fund Direct Growth
IDBI Short Term Bond Fund Direct IDCW Monthly
IDBI Short Term Bond Fund Direct IDCW Weekly
IDBI Ultra Short Term Fund Direct IDCW Daily
IDBI Ultra Short Term Fund Direct IDCW Monthly
IDBI Ultra Short Term Fund Direct IDCW Weekly
IDBI Ultra Short Term Fund Bonus
IDBI Ultra Short Term Fund Direct Bonus
IDBI Credit Risk Fund Direct Growth
IDBI Credit Risk Fund Regular IDCW Quarterly
IDBI Credit Risk Fund Regular Growth
IDBI Credit Risk Fund Direct IDCW Quarterly
IDBI Credit Risk Fund Regular IDCW Yearly
IDBI Credit Risk Fund Direct IDCW Yearly
Fund house & investment objective
IDBI Mutual Fund
Rank (total assets)#29 in India
Total AUM₹4,031.93Cr
Date of Incorporation29 Mar 2010
 IDBI Ultra Short Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investor
 IDBI Ultra Short Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 29 Mar 2010. Bupesh Kalyani is the Current Fund Manager of IDBI Ultra Short Term Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,032 Cr and the Latest NAV as of 18 Jan 2022 is ₹2,347.31.
The IDBI Ultra Short Term Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
...Read more
Investment Objective
The scheme seeks to provide investors with regular income for there investments by investing in Debt/ Money market instruments with relatively lower i
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.
...Read more
Fund benchmarkCRISIL Ultra Short Term Debt Index
Scheme Information Document(SID)
Fund house contact details
Address
5th floor, Mafatlal Centre, Nariman Point Mumbai 400021
Phone
022-6644 2800
Launch Date
29 Mar 2010
E-mail
[email protected]
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,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
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FAQsHow to Invest in IDBI Ultra Short Term Fund Direct Growth
You can easily invest in IDBI Ultra Short Term Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account
 Search for IDBI Ultra Short Term Fund Direct Growth from the search box 
 In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
 Once you are done with that, you can start investing in IDBI Ultra Short Term Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does IDBI Ultra Short Term Fund Direct Growth provide?
The IDBI Ultra Short Term Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this
fund is 4.23% since its inception.
How much expense ratio is charged by IDBI Ultra Short Term Fund Direct Growth?
The term Expense Ratio used for IDBI Ultra Short Term Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. 

The Expense Ratio of IDBI Ultra Short Term Fund Direct Growth is 0.27% as of 19 Jan 2022...
What is the AUM of IDBI Ultra Short Term Fund Direct Growth?
The AUM, short for Assets Under Management of IDBI Ultra Short Term Fund Direct Growth is ₹309.96Cr as of 19 Jan 2022.
How to Redeem IDBI Ultra Short Term Fund Direct Growth?
If you want to sell your IDBI Ultra Short Term Fund Direct Growth holdings, go to your holding on the app or
web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your
desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of IDBI Ultra Short Term Fund Direct Growth?
You can select either SIP  or Lumpsum  investment of IDBI Ultra Short Term Fund Direct Growth based on your investment objective and risk tolerance.
What is the NAV of IDBI Ultra Short Term Fund Direct Growth?
The NAV of IDBI Ultra Short Term Fund Direct Growth is ₹2,347.31 as of 18 Jan 2022.
What is the PE and PB ratio of IDBI Ultra Short Term Fund Direct Growth?
The PE ratio ratio of IDBI Ultra Short Term Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

	1Y	3Y	5Y	All
Fund returns	4.2%	5.7%	6.3%	7.4%
Category average	3.7%	5.5%	5.9%	NA
Rank with in category	6	10	7	NA

Name	Sector	Instrument	Assets
OCL India Ltd.	Construction	Bonds	8.2%
Axis Bank Ltd.	Financial	CD	8.0%
Reliance Jio Infocomm Ltd.	Communication	CP	8.0%
SBM Bank India Ltd.	Financial	CD	8.0%
Housing Development Finance Corpn. Ltd.-Warrant	Financial	CP	8.0%
LIC Housing Finance Ltd.	Financial	CP	8.0%
Small Industries Devp. Bank of India Ltd.	Financial	CP	8.0%
HDFC Bank Ltd.	Financial	CD	8.0%
Punjab National Bank	Financial	Additional Tier 1 Bo	1.5%
Tata Power Company Ltd.	Energy	Debenture	0.7%

Rank (total assets)	#29 in India
Total AUM	₹4,031.93Cr

Date of Incorporation	29 Mar 2010

Fund benchmark	CRISIL Ultra Short Term Debt Index

No.11, 2nd floor, 80 FT Road
4th Block, S.T Bed, Koramangala
Bengaluru – 560034
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	2
Fund size	₹309.96Cr