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Home>Mutual Funds>IDBI Mutual Fund>IDBI Ultra Short Term Fund Direct IDCW Monthly

IDBI Ultra Short Term Fund Direct IDCW Monthly

Debt
Ultra Short Duration
Moderate Risk
Payout
6.53%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 12 Aug 2022₹1,452.83
Min. SIP amount₹500
Rating5
Fund size₹240.48Cr

Returns and rankings

Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.5%6.5%5.9%7.2%
Category average3.7%5.5%5.9%NA
Rank with in category317NA
Understand terms

Holdings (18)

NameSectorInstrumentAssets
Housing Development Finance Corpn. Ltd.-WarrantFinancialCP10.4%
Reserve Bank of India
FinancialT-Bills10.3%
Reliance Retail Ventures Ltd.ServicesCP10.3%
Reserve Bank of India
FinancialT-Bills10.3%
Axis Bank Ltd.
FinancialCD9.1%
HDFC Bank Ltd.
FinancialCD8.3%
JK Cement LtdConstructionCP8.2%
Canara Bank
FinancialCD8.2%
KEC International Ltd.Capital GoodsCP8.2%
Reserve Bank of India
FinancialT-Bills7.4%
See All

Pros and cons

Category: Debt Ultra Short Duration

Pros

Cons

1Y category rank: 3, 3Y category rank: 1
Lower AUM: 240Cr. Funds with lower AUM tend to have higher expense ratio
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Exit load is zero
Lower expense ratio: 0.25%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Higher alpha: 3.54 The fund has generated returns higher than benchmark - CRISIL Ultra Short Duration Fund BI Index - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 0.25%

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

Address
4th Floor, IDBI Tower,WTC Complex, Cuffe Parade,Colaba, Mumbai 400005
Phone
022-66442800 / 1800-419-4324
Launch Date
29 Mar 2010
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,

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FAQs

How to Invest in IDBI Ultra Short Term Fund Direct IDCW Monthly?

You can easily invest in IDBI Ultra Short Term Fund Direct IDCW Monthly 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 IDCW Monthly 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 IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does IDBI Ultra Short Term Fund Direct IDCW Monthly provide?

The IDBI Ultra Short Term Fund Direct IDCW Monthly has been there from 01 Jan 2013 and the average annual returns provided by this fund is 4.45% since its inception.

How much expense ratio is charged by IDBI Ultra Short Term Fund Direct IDCW Monthly?

The term Expense Ratio used for IDBI Ultra Short Term Fund Direct IDCW Monthly 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 IDCW Monthly is 0.25% as of 17 Aug 2022...

What is the AUM of IDBI Ultra Short Term Fund Direct IDCW Monthly?

The AUM, short for Assets Under Management of IDBI Ultra Short Term Fund Direct IDCW Monthly is ₹240.48Cr as of 17 Aug 2022.

How to Redeem IDBI Ultra Short Term Fund Direct IDCW Monthly?

If you want to sell your IDBI Ultra Short Term Fund Direct IDCW Monthly 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 IDCW Monthly?

You can select either SIP or Lumpsum investment of IDBI Ultra Short Term Fund Direct IDCW Monthly based on your investment objective and risk tolerance.

What is the NAV of IDBI Ultra Short Term Fund Direct IDCW Monthly?

The NAV of IDBI Ultra Short Term Fund Direct IDCW Monthly is ₹1,452.83 as of 12 Aug 2022.

What is the PE and PB ratio of IDBI Ultra Short Term Fund Direct IDCW Monthly?

The PE ratio ratio of IDBI Ultra Short Term Fund Direct IDCW Monthly 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).

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