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Indiabulls Ultra Short Term Direct Fund IDCW Monthly+0.04%

4.74%
1 Year Return
Debt
Ultra Short Duration
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Indiabulls Ultra Short Term Direct Fund IDCW Monthly

RiskLow
Min SIP Amount₹500
Expense Ratio0.11%
NAV₹1027.31 (31 Mar 2021)
Fund Started31 May 2013
Fund Size18 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.7%
6.7%
7.3%
8.2%
Category Average
4.4%
5.4%
6.0%
-
Rank Within Category
19
6
5
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 4.7% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.11%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

Top Holdings

NameSectorInstrument% Assets
Reserve Bank of IndiaFinancialT-Bills81.3%

Fund Managers

Vikrant Mehta
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Malay Shah
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Karan Singh
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Indiabulls Ultra Short Term Direct Fund IDCW Monthly Details

Indiabulls Ultra Short Term Direct Fund IDCW Monthly is a Debt Mutual Fund Scheme launched by Indiabulls Mutual Fund. This scheme was made available to investors on 31 May 2013. Malay Shah is the Current Fund Manager of Indiabulls Ultra Short Term Direct Fund IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹18 Cr and the Latest NAV as of 31 Mar 2021 is ₹1027.31.

The Indiabulls Ultra Short Term Direct Fund IDCW Monthly is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

Investment Objective

The scheme seeks to provide liquidity with returns commensurate with low risk through a portfolio of money market and debt securities such that the Macaulay duration of the portfolio is between 3 months-6 months.

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)

₹500
Min for First Investment
₹500
Min for Second Investment
Nil
Exit Load

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About Indiabulls Mutual Fund

Address
11th Floor, Indiabulls Finance Centre Tower-1, Senapati Bapat Marg, Elphinstone (West) Mumbai - 400013.
Phone
022-61891300
Launch Date
24 Mar 2011
Indiabulls Mutual Fund
Asset Management Company
Custodian
NA
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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