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IDBI Ultra Short Term Fund

IDBI Ultra Short Term Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

4.82

as on 07 Jun 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,520 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

  • ₹ 2,403.700

    as on 07 Jun 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 146 Cr.

    as on 30 Apr 2023
  • 0.44%

  • 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 ₹ 2,403.700 as on 07 Jun 2023.

This fund has 12 years of track record. Since 28 Feb 2023 expense ratio of this fund is 0.44%. 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 Raju Sharma

    Picture of Raju SharmaMr. Sharma is a Commerce Graduate and holds a degree of CA and LLB. Prior to joining IDBI Mutual Fund, he has worked with Tata Mutual Fund, Indiabulls Mutual Fund, JM Morgan Stanley and DHFL.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately Low 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 0.17% 0.73% 4.53% 6.41% 6.85% 6.71% 6.23% 6.90% 7.52% 7.21% 5.97% 6.06% 5.75% 6.78%
Category Average 0.13% 0.59% 1.85% 3.23% 5.61% 4.55% 4.53% 5.53% 6.72% 6.56% 5.42% 4.92% 5.11% 5.94%
IDBI Ultra Short Term Fund 0.11%₹ 10,011 0.62%₹ 10,061 1.87%₹ 10,186 3.34%₹ 10,333 6.20%₹ 10,619 6.59%₹ 12,422 4.99%₹ 11,023 5.57%₹ 25,403 4.82%₹ 11,520 5.11%₹ 38,907 5.52%₹ 13,085 5.27%₹ 68,553 6.54%₹ 18,854 5.88%₹ 1,62,260
HDFC Ultra Short Term Fund 0.15%₹ 10,015 0.69%₹ 10,068 2.02%₹ 10,201 3.52%₹ 10,352 6.31%₹ 10,630 6.81%₹ 12,436 4.79%₹ 10,981 5.58%₹ 25,407 4.77%₹ 11,502 5.05%₹ 38,871 - - - -
ICICI Prudential Ultra Short Term Fund 0.15%₹ 10,015 0.69%₹ 10,069 2.01%₹ 10,201 3.55%₹ 10,355 6.32%₹ 10,632 6.82%₹ 12,437 4.93%₹ 11,009 5.65%₹ 25,424 5.14%₹ 11,624 5.22%₹ 38,971 6.24%₹ 13,536 5.60%₹ 69,114 7.19%₹ 20,034 6.78%₹ 1,70,057
Aditya Birla Sun Life Savings Fund 0.17%₹ 10,016 0.73%₹ 10,073 2.04%₹ 10,204 3.64%₹ 10,363 6.55%₹ 10,654 7.01%₹ 12,448 5.10%₹ 11,045 5.84%₹ 25,470 5.23%₹ 11,655 5.36%₹ 39,052 6.42%₹ 13,650 5.75%₹ 69,386 7.52%₹ 20,657 6.76%₹ 1,69,882
SBI Magnum Ultra Short Duration Fund 0.16%₹ 10,015 0.68%₹ 10,067 2.02%₹ 10,201 3.57%₹ 10,356 6.36%₹ 10,635 6.82%₹ 12,436 4.77%₹ 10,976 5.57%₹ 25,402 4.57%₹ 11,436 4.98%₹ 38,830 5.90%₹ 13,321 5.24%₹ 68,492 6.97%₹ 19,618 6.21%₹ 1,65,104
Kotak Savings Fund 0.16%₹ 10,015 0.67%₹ 10,066 2.00%₹ 10,200 3.53%₹ 10,353 6.23%₹ 10,623 6.73%₹ 12,431 4.71%₹ 10,963 5.53%₹ 25,392 4.52%₹ 11,421 4.92%₹ 38,799 5.77%₹ 13,242 5.16%₹ 68,363 6.93%₹ 19,555 6.17%₹ 1,64,739

Portfolio Holdings

Portfolio holdings pattern of IDBI Ultra Short Term Fund as on 08 Jun 2023 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    99.65%
  • Others Holdings:

    0.35%

Top Debt Instrument Type holdings of IDBI Ultra Short Term Fund

Instrument TypeHolding PercentageHolding Values in Crore
CD 55.27% ₹ 80.88 Cr.
T-Bills 33.62% ₹ 49.20 Cr.
NCD & Bonds 10.76% ₹ 15.75 Cr.
Others .35% -

Top Debt Holdings of IDBI Ultra Short Term Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - T-Bill 33.62% ₹ 49.20 Cr.
Bond - State Bank Of India 14.65% ₹ 21.44 Cr.
Bond - HDFC Bank Ltd. 10.16% ₹ 14.87 Cr.
Bond - SBM Bank (India) Ltd. 10.14% ₹ 14.84 Cr.
Bond - Axis Bank Ltd. 6.79% ₹ 9.93 Cr.
Others 24.64%

Other Holdings

Holding TypeHolding Percentage
TREPS 0.90%
Net Receivables -0.55%