IDBI Ultra Short Term Fund Growth+0.01%

3
10.70%
1 Year Return
Debt
Ultra Short Duration
3.0star
6M
1Y
3Y
5Y
All

Fund Details

IDBI Ultra Short Term Fund Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.66%
NAV2113.35 (14 Aug 2020)
Fund Started03 Sep 2010
Fund Size196 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDBI Ultra Short Term Fund Growth
10.7%
6.4%
6.7%
7.8%
Category Average
6.2%
6.0%
6.7%
-
Rank within category
2
8
8
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 10.7% annual returns

    Comparison

    Data not available
    Pros
    1. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Risk-adjusted returns are lower compared to the category
    4. Risk is higher compared to the benchmark
    5. 3Y Returns are lower than the benchmark
    6. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills14.8%
    Punjab National BankFinancialBonds9.8%
    Vedanta Ltd.MetalsDebenture5.9%
    JK Cement LtdConstructionDebenture4.5%
    Axis Bank Ltd.FinancialBonds2.2%
    JK Cement LtdConstructionDebenture1.6%

    IDBI Ultra Short Term Fund Growth Details

    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 ₹196 Cr and the Latest NAV as of 14 Aug 2020 is ₹2113.35.

    The IDBI Ultra Short Term Fund Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

    Investment Objective

    The objective of the Scheme will be to provide investors with regular income for their investment. The Scheme will endeavour to achieve this objective through an allocation of the investment corpus in a diversified portfolio of money market and debt instruments with maturity predominantly between a liquid fund and a short term fund while maintaining a portfolio risk profile similar to a liquid fund.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About IDBI Mutual Fund

    Address
    5th floor, Mafatlal Centre, Nariman Point Mumbai 400021
    Phone
    022-6644 2800
    Launch Date
    29 Mar 2010
    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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