|Min SIP Amount||₹500|
|NAV||₹2155.55 (27 Jan 2021)|
|Fund Started||03 Sep 2010|
|Fund Size||₹381 Cr|
|Reserve Bank of India||Financial||T-Bills||13.0%|
|Reserve Bank of India||Financial||T-Bills||12.9%|
|National Fertilizers Ltd.||Chemicals||CP||6.5%|
|Steel Authority Of India Ltd.||Metals||CP||6.5%|
|KEC International Ltd.||Engineering||CP||6.5%|
|Bank Of Baroda||Financial||CD||6.5%|
|Axis Bank Ltd.||Financial||CD||6.5%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||6.3%|
|Punjab National Bank||Financial||Bonds||4.5%|
IDBI Ultra Short Term Fund Growth is a Debt Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 03 Sep 2010. Bupesh Kalyani is the Current Fund Manager of IDBI Ultra Short Term Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹381 Cr and the Latest NAV as of 27 Jan 2021 is ₹2155.55.
The IDBI Ultra Short Term Fund Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.