Fund Performance
Lumpsum
SIP
6.16
as on 12 Aug 20223 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,971 today.
NAV Performance
Fund Information
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₹ 2,284.213
as on 12 Aug 2022 -
Regular - Growth
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-
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₹ 5,000
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₹ 336 Cr.
as on 31 Dec 2021 -
0.59%
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03 Sep 2010
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CRISIL 10 Year Gilt Index
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IDBI Mutual Fund
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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 ₹ 2,284.213 as on 12 Aug 2022.
This fund has 11 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
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About Bhupesh Kalyani
Mr. 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 | 0.14% | 0.48% | 4.53% | 6.41% | 6.17% | 6.43% | 6.23% | 6.96% | 7.73% | 4.41% | 5.73% | 5.62% | 5.94% | 6.96% |
| Category Average | 0.10% | 0.36% | 1.25% | 1.91% | 3.58% | 3.70% | 4.64% | 5.54% | 6.94% | 3.68% | 3.69% | 4.02% | 4.85% | 6.09% |
| IDBI Ultra Short Term Fund | 0.12%₹ 10,011 | 0.41%₹ 10,041 | 1.19%₹ 10,119 | 1.85%₹ 10,185 | 4.14%₹ 10,413 | 3.90%₹ 12,251 | 3.99%₹ 10,813 | 3.92%₹ 24,986 | 6.16%₹ 11,971 | 4.27%₹ 38,418 | 5.41%₹ 13,020 | 5.00%₹ 68,093 | 6.77%₹ 19,262 | 5.96%₹ 1,62,945 |
| HDFC Ultra Short Term Fund | 0.11%₹ 10,010 | 0.39%₹ 10,038 | 1.20%₹ 10,119 | 1.88%₹ 10,187 | 3.55%₹ 10,354 | 3.75%₹ 12,241 | 3.79%₹ 10,773 | 3.70%₹ 24,929 | 4.89%₹ 11,545 | 4.19%₹ 38,375 | - | - | - | - |
| ICICI Prudential Ultra Short Term Fund | 0.10%₹ 10,010 | 0.40%₹ 10,039 | 1.23%₹ 10,123 | 1.91%₹ 10,190 | 3.78%₹ 10,378 | 3.91%₹ 12,251 | 4.22%₹ 10,862 | 3.97%₹ 24,999 | 5.30%₹ 11,682 | 4.51%₹ 38,558 | 6.14%₹ 13,478 | 5.51%₹ 68,976 | 7.61%₹ 20,840 | 6.96%₹ 1,71,656 |
| Aditya Birla Sun Life Savings Fund | 0.11%₹ 10,011 | 0.38%₹ 10,038 | 1.31%₹ 10,131 | 1.99%₹ 10,198 | 3.91%₹ 10,390 | 4.07%₹ 12,262 | 4.24%₹ 10,865 | 4.08%₹ 25,025 | 5.40%₹ 11,715 | 4.64%₹ 38,632 | 6.32%₹ 13,588 | 5.67%₹ 69,244 | 7.73%₹ 21,066 | 6.94%₹ 1,71,524 |
| SBI Magnum Ultra Short Duration Fund | 0.11%₹ 10,011 | 0.41%₹ 10,040 | 1.24%₹ 10,124 | 1.83%₹ 10,182 | 3.55%₹ 10,354 | 3.70%₹ 12,238 | 3.60%₹ 10,732 | 3.59%₹ 24,902 | 4.71%₹ 11,487 | 4.00%₹ 38,264 | 5.96%₹ 13,356 | 5.09%₹ 68,247 | 7.14%₹ 19,943 | 6.34%₹ 1,66,183 |
| Kotak Savings Fund | 0.10%₹ 10,009 | 0.38%₹ 10,038 | 1.23%₹ 10,122 | 1.87%₹ 10,186 | 3.51%₹ 10,350 | 3.77%₹ 12,242 | 3.54%₹ 10,720 | 3.57%₹ 24,897 | 4.63%₹ 11,461 | 3.96%₹ 38,241 | 5.74%₹ 13,222 | 4.98%₹ 68,059 | 7.18%₹ 20,020 | 6.31%₹ 1,65,977 |
Portfolio Holdings
Top Debt Instrument Type holdings of IDBI Ultra Short Term Fund
| Instrument Type | Holding Percentage | Holding 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 Instrument | Holding Percentage | Holding 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 Type | Holding Percentage |
|---|---|
| TREPS | 29.68% |
| Net Receivables | 0.83% |