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IDBI Ultra Short Term Fund

IDBI Ultra Short Term Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

5.56

as on 17 Sep 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,764 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

  • ₹ 2,201.427

    as on 17 Sep 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 389 Cr.

    as on 17 Sep 2021
  • 0.6%

    since 31 May 2021
  • 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 ₹ 2,201.427 as on 17 Sep 2021.

This fund has 11 years of track record. Since 31 May 2021 expense ratio of this fund is 0.6%. 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 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 0.08% 0.35% 4.53% 6.41% 8.69% 25.91% 8.14% 7.71% 8.29% 10.03% 7.83% 7.13% 7.60% 7.67%
Category Average 0.05% 0.27% 1.13% 2.12% 3.77% 5.67% 5.67% 6.13% 7.46% 3.68% 4.33% 4.97% 5.57% 6.68%
IDBI Ultra Short Term Fund 0.05%₹ 10,005 0.32%₹ 10,031 0.91%₹ 10,091 1.73%₹ 10,172 3.84%₹ 10,384 3.55%₹ 12,229 4.76%₹ 10,976 4.17%₹ 25,052 5.56%₹ 11,764 5.14%₹ 38,932 5.82%₹ 13,272 5.52%₹ 68,991 7.28%₹ 20,213 6.49%₹ 1,67,489
ICICI Prudential Ultra Short Term Fund 0.06%₹ 10,006 0.35%₹ 10,035 1.06%₹ 10,105 2.24%₹ 10,224 4.51%₹ 10,450 4.32%₹ 12,279 5.91%₹ 11,218 5.17%₹ 25,307 6.82%₹ 12,190 5.92%₹ 39,390 6.98%₹ 14,020 6.51%₹ 70,731 7.95%₹ 21,499 7.66%₹ 1,78,084
SBI Magnum Ultra Short Duration Fund 0.08%₹ 10,008 0.27%₹ 10,027 0.94%₹ 10,093 1.89%₹ 10,188 3.65%₹ 10,364 3.59%₹ 12,232 5.13%₹ 11,054 4.36%₹ 25,099 6.27%₹ 12,005 5.20%₹ 38,966 6.55%₹ 13,735 6.06%₹ 69,943 7.69%₹ 20,995 7.03%₹ 1,72,323
Aditya Birla Sun Life Savings Fund 0.06%₹ 10,005 0.34%₹ 10,033 1.12%₹ 10,112 2.37%₹ 10,237 4.49%₹ 10,449 4.38%₹ 12,282 5.97%₹ 11,230 5.29%₹ 25,337 7.00%₹ 12,253 6.06%₹ 39,470 7.10%₹ 14,093 6.67%₹ 71,023 8.29%₹ 22,188 7.67%₹ 1,78,227
Kotak Savings Fund 0.05%₹ 10,004 0.26%₹ 10,026 0.91%₹ 10,090 1.82%₹ 10,181 3.56%₹ 10,356 3.45%₹ 12,223 5.02%₹ 11,031 4.26%₹ 25,074 6.15%₹ 11,961 5.09%₹ 38,902 6.44%₹ 13,666 5.89%₹ 69,641 7.74%₹ 21,086 7.01%₹ 1,72,197
L&T Ultra Short Term Fund 0.06%₹ 10,006 0.28%₹ 10,028 0.92%₹ 10,091 1.83%₹ 10,182 3.49%₹ 10,349 3.50%₹ 12,226 4.85%₹ 10,994 4.14%₹ 25,043 6.00%₹ 11,911 4.94%₹ 38,817 6.36%₹ 13,616 5.77%₹ 69,419 7.75%₹ 21,115 6.96%₹ 1,71,725

Portfolio Holdings

Portfolio holdings pattern of IDBI Ultra Short Term Fund as on 20 Sep 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    84.64%
  • Others Holdings:

    15.36%

Top Debt Instrument Type holdings of IDBI Ultra Short Term Fund

Instrument TypeHolding PercentageHolding Values in Crore
T-Bills 55.65% ₹ 216.64 Cr.
CP 25.48% ₹ 99.18 Cr.
NCD & Bonds 3.51% ₹ 13.66 Cr.
Others 15.36% -

Top Debt Holdings of IDBI Ultra Short Term Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - T-Bill 55.65% ₹ 216.64 Cr.
Bond - Reliance Industries Ltd. 6.39% ₹ 24.87 Cr.
Bond - Aarti Industries Ltd. 6.38% ₹ 24.82 Cr.
Bond - National Bank for Agriculture & Rural Development 6.37% ₹ 24.79 Cr.
Bond - Housing Development Finance Corporation Ltd. 6.34% ₹ 24.69 Cr.
Others 18.87%

Other Holdings

Holding TypeHolding Percentage
TREPS 16.76%
Net Receivables -1.40%