Formerly IDBI Ultra Short Term Mn DP
Ultra short funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
The performance of the fund on a Fund Size metric has been Poor
The performance of the fund on a Rolling Returns metric has been Good
NAV (Jul 28)
6 Month CAGR
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.
Launched (13y ago)
Sep 03, 2010
AUM in Crores
CRISIL Ultra Short Duration TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|IDBI Ultra Short Term fund (PIDCW-M)||8,23,934||91,322||4.9%|
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.
|Fund Name||Fund Size||Rolling Returns|
₹ 44,468 cr
₹ 18,357 cr
₹ 10,408 cr
₹ 14,357 cr
₹ 15,536 cr
IDBI Asset Management Limited
|Fund Name||Scripbox Opinion||Till Date CAGR|
IDBI Ultra Short Term fund (PIDCW-M) is a Ultra Short Debt fund and has delivered an annualised return of 5.3% over a period of 13 years. The fund was previously known as IDBI Ultra Short Term Mn DP. The fund is managed by IDBI Asset Management Limited. The fund manager’s name is null.
Nav of IDBI Ultra Short Term fund (PIDCW-M) as of 7/28/2023 is ₹1118.64 with the total AUM as of 10/4/2023 is ₹143.904. With Scripbox you can compare and check the latest nav for all mutual funds in India. IDBI Ultra Short Term fund (PIDCW-M) was launched on Sep 03, 2010. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for IDBI Ultra Short Term fund (PIDCW-M) 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. Check your estimated returns on mutual funds by using sip calculator.
IDBI Ultra Short Term fund (PIDCW-M) 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 CRISIL Ultra Short Duration TR INR.
IDBI Ultra Short Term fund (PIDCW-M) is rated as a 2 fund in Debt and delivered 5.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with IDBI Ultra Short Term fund (PIDCW-M).
What is IDBI Ultra Short Term fund (PIDCW-M)?
How to invest in IDBI Ultra Short Term fund (PIDCW-M)?
You can invest in IDBI Ultra Short Term fund (PIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of IDBI Ultra Short Term fund (PIDCW-M)?
The minimum sip amount for IDBI Ultra Short Term fund (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is IDBI Ultra Short Term fund (PIDCW-M) good to invest in?
As per Scripbox experts, IDBI Ultra Short Term fund (PIDCW-M) is a Neutral fund. You can investIDBI Ultra Short Term fund (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the IDBI Ultra Short Term fund (PIDCW-M)?
The expense ratio of the IDBI Ultra Short Term fund (PIDCW-M) is 0.44% for regular plan.