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IDBI Ultra Short Term Fund Growth

Debt
Ultra Short Duration
Low to Moderate Risk
3.98%
1Y return
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Jul 2021₹2,190.98
Min. SIP Amount₹500
Rating3star
Fund Size₹389.22 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.0%5.7%5.9%7.5%
Category average3.7%5.5%5.9%NA
Rank with in category5117NA
Understand termsinfo

Holdings (15)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills25.3%
Reserve Bank of India
FinancialT-Bills12.7%
Reliance Industries Ltd.EnergyCP6.4%
Aarti Industries Ltd.ChemicalsCP6.4%
National Bank For Agriculture & Rural Development
FinancialCP6.4%
Housing Development Finance Corpn. Ltd.FinancialCP6.3%
Reserve Bank of India
FinancialT-Bills6.3%
Reserve Bank of India
FinancialT-Bills6.3%
Reserve Bank of India
FinancialT-Bills5.0%
Punjab National BankFinancialAdditional Tier 1 Bo1.2%
See All

Pros and cons

Category: Debt Ultra Short Duration

Pros

  • 3Y Returns are higher than the category average returns
  • Exit load is zero
  • 1Y Returns are higher than the category average returns

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: 0.6%

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

Minimum investment amounts

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

Fund house & investment objective

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Fund house contact details

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