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IDBI Ultra Short Term Fund – Direct Growth

Debt · Ultra Short Duration
 · ★★★★
NAV 2,552.1 as on 28 Jul 23
0.46 (0%) Last Change
21.7% 3Y CAGR returns
500
Min SIP
5,000
Min Lumpsum
0.25 %
Expense Ratio
★★★★
Rating
146
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --
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Scheme Performance

Returns and Ranks ( as on 28 July 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 14.7% 21.7% 13.9% -
Category Average - - - -

Scheme Allocation

By Holding
By Sector
By Asset
TREPS
16.67%
TBILL-91D
11.56%
TBILL-364D
11%
Kotak Mah. Bank
9.74%
St Bk of India
9.69%
Others
41.34%
View all Holdings
Holdings Sector Instrument Asset
TREPS - - 16.67%
TBILL-91D - - 11.56%
TBILL-364D - - 11%
Kotak Mah. Bank - - 9.74%
St Bk of India - - 9.69%
TBILL-182D - - 6.99%
HDFC Bank - - 6.96%
Adit.Birla Money - - 6.95%
Godrej Industrie - - 6.94%
N A B A R D - - 4.65%
S A I L - - 2.48%
Godrej Propert. - - 2.32%
Udaipur Cement - - 1.16%
C P C L - - 0.89%
JSW Steel - - 0.7%
Tata Motors - - 0.68%
Piramal Cap - - 0.39%
Net CA & Others - - 0.23%
Others
100%
View all Sectors
Sectors Asset
T-Bills
57.27%
Reverse Repos
25.68%
Certificate of Deposit
15.13%
Corporate Debentures
1.74%
Net Curr Ass/Net Receivables
0.18%

Advance Ratio

0.01
Alpha
0.02
SD
0
Beta
0.49
Sharpe

Exit Load

Exit Load Nil

Fund Objective

The objective of the Scheme will be to provide investors with regular income for their investment by investing in debt and 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. However, there can be no assurance that the investment objective of the Scheme will be realized.

Fund Managers

Raju Sharma - Fixed income - Fund Manager

Mr. Raju Sharma is the Head Fixed Income and Fund Manager at IDBI Mutual Fund. He has 29 plus years of experience in financial services, including fund management, debt capital market, and treasury. A Chartered Accountant and LLB, he joined IDBI Mutual Fund in May 2017. Before that, he was associated with Greenbridge Capital Advisory, Indiabulls Asset Management Company Ltd., Tata Mutual Fund, SPA Securities Limited, etc.

Risk-O-Meter

Peer Comparison

Fund Name
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AMC Contact Details

IDBI Mutual Fund
AUM:
3,740 Cr
Address:
4th Floor, IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai - 400005
Contact:
022 - 66442800
Email ID:
contactus@idbimutual.co.in

Frequently Asked Questions

How to invest in IDBI Ultra Short Term Fund – Direct Growth ?

You can invest in IDBI Ultra Short Term Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for IDBI Ultra Short Term Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the expense ratio of IDBI Ultra Short Term Fund – Direct Growth ?

The expense ratio of IDBI Ultra Short Term Fund – Direct Growth is 0.25 % as of 28 July 2023.

What is the AUM of IDBI Ultra Short Term Fund – Direct Growth?

The AUM of IDBI Ultra Short Term Fund – Direct Growth is ₹3,740 Cr as of 28 July 2023

What are the top stock holdings of IDBI Ultra Short Term Fund – Direct Growth?

The top stock holdings of IDBI Ultra Short Term Fund – Direct Growth are
  1. TREPS - 16.67%
  2. TBILL-91D - 11.56%
  3. TBILL-364D - 11%
  4. Kotak Mah. Bank - 9.74%
  5. St Bk of India - 9.69%

Can I make investments in both the SIP and Lump Sum schemes of IDBI Ultra Short Term Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of IDBI Ultra Short Term Fund – Direct Growth based on your investment objective and risk tolerance.

What is the NAV of IDBI Ultra Short Term Fund – Direct Growth ?

The NAV of IDBI Ultra Short Term Fund – Direct Growth is ₹2,552.1 as of 28 July 2023.

How to redeem IDBI Ultra Short Term Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of IDBI Ultra Short Term Fund – Direct Growth?

The minimum SIP amount of IDBI Ultra Short Term Fund – Direct Growth is ₹500

How can I redeem my investments in IDBI Ultra Short Term Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select IDBI Ultra Short Term Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
SIP One-Time
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