Item: IDBI Ultra Short Term Fund Direct Growth
Rating: 4
Author: Morningstar

Home › Mutual Funds › IDBI Mutual Fund › IDBI Ultra Short Term Fund Direct Growth

2552.104 (0.019%)

NAV on July 28, 2023

Category Fixed income:
Ultra Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 144 cr

Turnover Ratio 3858.51%

Expense Ratio 0.25%

Exit Load -

Returns

1M: 0.54%
1Y: 6.59%
3M: 1.67%
3Y: 5.08%
6M: 3.47%
5Y: 5.88%

Min Investment 5,000

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INVESTMENT 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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

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Top Rated
Top Performing

Top Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Aditya Birla Sun Life Savings Fund Direct Plan Growth	511.325	7.66%	12,633 cr	0.39%	Average
Axis Ultra Short Term Fund Direct Growth	14.341	7.61%	4,651 cr	0.28%	Below Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	27.499	7.59%	12,586 cr	0.39%	Below Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4178.243	7.51%	2,349 cr	0.43%	High
HDFC Ultra S/T Fund Direct Growth	14.227	7.48%	13,816 cr	0.36%	Below Average
Invesco India Ultra Short Duration Fund Direct Plan Growth	2643.987	7.45%	663 cr	0.24%	Average
Kotak Savings Fund Direct Growth	41.302	7.41%	13,375 cr	0.37%	Below Average

Best Ultra Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Nippon India Ultra Short Duration Fund Direct Growth Option	4072.270	7.70%	5,654 cr	0.38%	High
Aditya Birla Sun Life Savings Fund Direct Plan Growth	511.325	7.66%	12,633 cr	0.39%	Average
DSP Ultra Short Fund Direct Plan Growth	3398.298	7.60%	2,467 cr	0.31%	Below Average
ICICI Prudential Ultra Short Term Fund Direct Plan Growth	27.499	7.59%	12,586 cr	0.39%	Below Average
UTI - Ultra Short Duration Fund - Direct Plan - Growth Option	4178.243	7.51%	2,349 cr	0.43%	High
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth	1436.985	7.50%	1,259 cr	0.3%	Average