₹ 1017.0054
NAV (Apr 20)
Top Ranked
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
11 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
491 Cr. Medium within the category
Impact of Interest Rate Changes
Low Interest Rate Risk. The impact on fund value is quite low when interest rates change
Credit Quality Of Fund's Portfolio
Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds
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Scheme Information
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.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Moderate Risk
0.61 %
Expense Ratio
Sep 03, 2010
Launched (11y ago)
₹ 491
AUM in Crores
INF397L01695
ISIN
No Lock-in
Lock-in
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
Ultra Short
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Ultra Short
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About the AMC
IDBI Asset Management Limited
IDBI Asset Management Limited manages assets worth 3,990 crores and was set up on 25 January 2010. It's current offering of mutual fund schemes includes 40 equity,35 debt and 8 hybrid funds.
Liquid
Top Ranked
₹ 784 Cr
Fund Size
5.8%
3Y returns
Ultra Short
Top Ranked
₹ 490 Cr
Fund Size
6%
3Y returns
Large Cap
Top Ranked
₹ 411 Cr
Fund Size
9.3%
3Y returns
Liquid
Top Ranked
₹ 784 Cr
Fund Size
4.5%
3Y returns
Liquid
Top Ranked
₹ 784 Cr
Fund Size
4.5%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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IDBI Ultra Short Term fund (DR-D) is a ultra short debt fund and has delivered an annualised return of 5.2% over a period of 11 years ..The fund is managed by IDBI Asset Management Limited.The fund manager’s name is Bhupesh Kalyani.
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. However, there is no assurance that the objective of the scheme will be realized.
The IDBI Ultra Short Term fund (DR-D) fund was launched on Sep 03, 2010. The NAV (Net Asset Value) of this ultra short debt as of 2021-04-20 is ₹ 1017.0054. The total AUM (Asset Under Management) of the fund as of 2021-04-21 is ₹ 490.300. The category risk of the IDBI Ultra Short Term fund (DR-D) fund is Moderate Risk. The fund charges 0.61 % as expense ratio.
The fund’s highest allocation is towards others and has invested 87.5% in this asset class. The top three holdings of the fund are 364 dtb 30032022,punjab national bank and vedanta limited
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to .
IDBI Ultra Short Term fund (DR-D) has a score of 4 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, IDBI Ultra Short Term fund (DR-D) has a score of 3 out of 5. The credit risk of the fund is 5 out of 5 as compared to other debt funds.