Top 10 Idbi Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
IDBI Short Term Bond FundDebtModerately Low4.4%4star47
IDBI Liquid FundDebtLow7.4%4star1,810
IDBI Dynamic Bond FundDebtModerate8.3%2star35
IDBI Ultra Short Term FundDebtModerately Low7.8%2star258
IDBI Gilt FundDebtModerate14.2%1star33
View All Top 10 Idbi Mutual Funds

Best IDBI Debt Mutual Funds

IDBI bank is one the largest bank in the countries and has played a subsequently large role in the economic and financial progress of the country. It has been in the financial industry for over 40 years has developed itself into a commercial bank since then.

IDBI boasts of having a host a of innovative products and presents a wide counter of mutual funds keeping in mind investor objectives. The asset management company pioneers to bring about world class service to its investors through strategic investing decisions that will optimize investor's capital.

The mission of the company states that it looks to assist a common man to make informed investment decisions through mutual funds, which will further help the investor attain prosperity through the capital market.

If you are saving for very short-term goals like a vacation or buying an automobile, then this category is ideal for gains within one year. It is also an excellent resort to park your money until you decide where to invest or spend next. Returns are taxed as per your income tax slab if sold before three years and have negligible tax post that period.

Purpose: Invest here for your short term goals like a vacation, buying a bike, jewelry or expensive gadget.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

IDBI Short Term Bond Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 6.09% annualized returns in the last 3 years. In the last 1 year, it gave 4.37% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 4.37% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM47Cr
1Y Returns4.4%

IDBI Liquid Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided 7.12% annualized returns in the last 3 years. In the last 1 year, it gave 7.42% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.42% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM1,810Cr
1Y Returns7.4%

IDBI Dynamic Bond Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Dynamic segment and provided 4.82% annualized returns in the last 3 years. In the last 1 year, it gave 8.34% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.34% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Debt mutual fund in India.

Launch Date02 Jan 2013
Min Investment Amt5,000
AUM35Cr
1Y Returns8.3%

IDBI Ultra Short Term Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Ultra Short Duration segment and provided 7.32% annualized returns in the last 3 years. In the last 1 year, it gave 7.81% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.81% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM258Cr
1Y Returns7.8%

IDBI Gilt Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Gilt segment and provided 5.54% annualized returns in the last 3 years. In the last 1 year, it gave 14.21% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 14.21% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM33Cr
1Y Returns14.2%

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What does investing in IDBI Debt Mutual Funds actually mean?

Suppose a mutual fund invests in ten stocks and total current market value of these stocks is 1.1 Crore. Out of this, the AMC deducts say, 0.1 Crore for operating the fund (this is known as the expense ratio). So the net value is 1 crore. Now the AMC will divide this 1 Crore into say, 10,000 parts. These parts are known as units. The cost of one unit is 1Cr/10,000 = Rs. 1000. This is known as the Net Asset Value (NAV) of the mutual fund. Suppose the AMC has set a minimum investment requirement of Rs. 500. Then if you pay Rs. 500, you will get 0.5 units of the fund. Remember that the cost of one unit is the cost when you made the purchase. Suppose after one year, the NAV has fallen to Rs. 700 per unit and you wish to exit the fund (also known as redemption), then you sell your 0.5 units back to the AMC and get 0.5 x Rs. 700 = Rs. 350 back. Yes, you invested Rs. 500 and got back Rs. 350 – a loss of 150 over a year. The point is, that you buy units at current NAV and sell units (fully or partially) at current NAV. This is what investing in mutual fund actually means.

How to invest in IDBI Mutual Funds on Groww?

One of the best ways to hedge against the small-cap volatility is to adopt a phased approach, also known as Systematic Investment Plan (SIP) approach. We are sure that you must be aware of SIP and its benefits. Buying in small quantity but buying regularly provides you with faster growth. On Groww.in, all transactions to and from AMC is done via BSE. When you decide to invest in a large cap mutual fund of your choice, you choose that mutual fund on the website and click ‘invest’. Following that, you are redirected to the BSE page where you make the payment. BSE then directs your money to the AMC managing your mutual fund. To be assured at your end, you can visit the individual AMC website after the payment. You would be able to see all your purchased units against your folio number.

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