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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

Returns and rankings

Category: 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%
CommunicationCP8.0%
SBM Bank India Ltd.
FinancialCD8.0%
FinancialCP8.0%
LIC Housing Finance Ltd.
FinancialCP8.0%
Small Industries Devp. Bank of India Ltd.
FinancialCP8.0%
HDFC Bank Ltd.
FinancialCD8.0%
FinancialAdditional Tier 1 Bo1.5%
EnergyDebenture0.7%
See All

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

Expense ratio, exit load and tax

Expense ratio: 0.27%

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 terms
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

Fund house contact details

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FAQs

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