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IDBI Ultra Short Term Fund

IDBI Ultra Short Term Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

4.52

as on 09 Dec 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,419 today.

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NAV Performance

IDBI Ultra Short Term Fund performance graph for last 3 years
Performance of IDBI Ultra Short Term Fund for last 3 Years

Fund Information

  • ₹ 2,326.666

    as on 09 Dec 2022
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 336 Cr.

    as on 31 Dec 2021
  • 0.59%

  • 03 Sep 2010

  • Debt - Ultra Short Duration Fund

  • CRISIL 10 Year Gilt Index

  • IDBI Mutual Fund

    Show All Funds

Highlights of this fund

IDBI Ultra Short Term Fund is an Open-ended Debt Fund. The fund belongs to Ultra Short Duration Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 03 Sep 2010. This fund is offered by one of the top AMC (Assets Management Company) IDBI Mutual Fund. You can also view here all other Debt funds offered by IDBI Mutual Fund.

Latest NAV of the fund is ₹ 2,326.666 as on 09 Dec 2022.

This fund has 12 years of track record. Since 31 Oct 2021 expense ratio of this fund is 0.59%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.

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.

List of Fund Managers of IDBI Ultra Short Term Fund

  • About Bhupesh Kalyani

    Picture of Bhupesh KalyaniMr. Kalyani is a CA, ICWA and CISA. Prior to joining IDBI AMC he was with LIC Mutual Fund, Edelweiss Mutual Fund, Tata Mutual Fund and Star Union Dai-ichi life Insurance C.o. Ltd.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderate Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.12% 0.62% 4.53% 6.41% 5.34% 6.09% 6.23% 6.89% 7.62% 5.26% 5.41% 5.68% 5.71% 6.82%
Category Average 0.10% 0.48% 1.33% 2.55% 4.02% 3.84% 4.43% 5.49% 6.83% 4.63% 4.16% 4.16% 4.81% 5.96%
IDBI Ultra Short Term Fund 0.12%₹ 10,011 0.54%₹ 10,053 1.42%₹ 10,141 2.75%₹ 10,274 4.33%₹ 10,432 4.94%₹ 12,318 4.17%₹ 10,851 4.46%₹ 25,124 4.52%₹ 11,419 4.42%₹ 38,509 5.41%₹ 13,020 5.03%₹ 68,144 6.67%₹ 19,085 5.89%₹ 1,62,324
HDFC Ultra Short Term Fund 0.12%₹ 10,011 0.55%₹ 10,054 1.33%₹ 10,133 2.65%₹ 10,264 4.27%₹ 10,427 4.80%₹ 12,310 3.92%₹ 10,800 4.22%₹ 25,062 4.77%₹ 11,503 4.33%₹ 38,453 - - - -
ICICI Prudential Ultra Short Term Fund 0.11%₹ 10,011 0.54%₹ 10,054 1.32%₹ 10,132 2.64%₹ 10,264 4.36%₹ 10,436 4.83%₹ 12,311 4.17%₹ 10,851 4.37%₹ 25,100 5.02%₹ 11,585 4.55%₹ 38,583 6.12%₹ 13,464 5.42%₹ 68,814 7.42%₹ 20,481 6.82%₹ 1,70,397
Aditya Birla Sun Life Savings Fund 0.10%₹ 10,009 0.53%₹ 10,053 1.32%₹ 10,132 2.73%₹ 10,273 4.54%₹ 10,454 5.00%₹ 12,322 4.23%₹ 10,864 4.51%₹ 25,137 5.20%₹ 11,642 4.69%₹ 38,666 6.28%₹ 13,566 5.57%₹ 69,076 7.62%₹ 20,858 6.80%₹ 1,70,276
SBI Magnum Ultra Short Duration Fund 0.11%₹ 10,011 0.56%₹ 10,056 1.31%₹ 10,131 2.66%₹ 10,265 4.26%₹ 10,425 4.75%₹ 12,306 3.80%₹ 10,774 4.15%₹ 25,044 4.53%₹ 11,423 4.16%₹ 38,360 5.90%₹ 13,320 5.02%₹ 68,121 7.04%₹ 19,753 6.22%₹ 1,65,193
Kotak Savings Fund 0.10%₹ 10,009 0.51%₹ 10,051 1.25%₹ 10,125 2.56%₹ 10,255 4.24%₹ 10,423 4.70%₹ 12,303 3.72%₹ 10,757 4.09%₹ 25,030 4.46%₹ 11,399 4.10%₹ 38,324 5.69%₹ 13,191 4.91%₹ 67,943 7.05%₹ 19,782 6.18%₹ 1,64,866

Portfolio Holdings

Portfolio holdings pattern of IDBI Ultra Short Term Fund as on 10 Dec 2022 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    69.49%
  • Others Holdings:

    30.51%

Top Debt Instrument Type holdings of IDBI Ultra Short Term Fund

Instrument TypeHolding PercentageHolding Values in Crore
CD 32.08% ₹ 99.44 Cr.
CP 24.06% ₹ 74.58 Cr.
NCD & Bonds 13.35% ₹ 41.34 Cr.
Others 30.51% -

Top Debt Holdings of IDBI Ultra Short Term Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Ocl India Ltd. 8.16% ₹ 25.31 Cr.
Bond - Axis Bank Ltd. 8.04% ₹ 24.94 Cr.
Bond - SBM Bank (India) Ltd. 8.03% ₹ 24.89 Cr.
Bond - Reliance Jio Infocomm Ltd. 8.03% ₹ 24.90 Cr.
Bond - Housing Development Finance Corporation Ltd. 8.02% ₹ 24.85 Cr.
Others 59.72%

Other Holdings

Holding TypeHolding Percentage
TREPS 29.68%
Net Receivables 0.83%