- Mutual Funds
- IDBI Mutual Funds
- IDBI Ultra Short Term Bonus fund (PIDCW-A)
IDBI Ultra Short Term Bonus fund (PIDCW-A)
₹ 2418.1616
NAV (Jul 12)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 2418.1616
NAV (Jul 12)
Fund Returns
Last 1Y | 6.3% |
Last 3Y | 4.8% |
Last 5Y | 5.5% |
Last 10Y | NA |
Since Inception | 6.3% |
6 Month CAGR | 3.3% |
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.
Expense Ratio | 0.44 |
Launched (9y ago) | May 02, 2014 |
AUM in Crores | 143.904 |
ISIN | INF397L01FM2 |
Lock-in | No Lock-in |
Benchmark | CRISIL Ultra Short Duration TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.5 |
Standard Deviation (5yr) | 2.6 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.544 |
Sharpe Ratio (5yr) | 0.143 |
YTM | 6.83 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| IDBI Ultra Short Term Bonus fund (PIDCW-A) | 8,36,128 | 1,03,516 | 5.5% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 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.
Asset allocation and Holdings
Top Debt Holdings
Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
IDBI Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
21.9% | 14.2% | ||
4.5% | 7.1% | ||
4.4% | 4.9% | ||
4.5% | 5.5% | ||
21.6% | 14% |
IDBI Ultra Short Term Bonus fund (PIDCW-A) Review
IDBI Ultra Short Term Bonus fund (PIDCW-A) is a Ultra Short Debt fund and has delivered an annualised return of 6.3% over a period of 9 years. The fund is managed by IDBI Asset Management Limited. The fund manager’s name is null.
Nav of IDBI Ultra Short Term Bonus fund (PIDCW-A) as of 7/12/2023 is ₹2418.16 with the total AUM as of 9/23/2023 is ₹143.904. With Scripbox you can compare and check the latest nav for all mutual funds in India. IDBI Ultra Short Term Bonus fund (PIDCW-A) was launched on May 02, 2014. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for IDBI Ultra Short Term Bonus fund (PIDCW-A) is ₹0 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 Bonus fund (PIDCW-A) 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 Bonus fund (PIDCW-A) is rated as a 2 fund in Debt and delivered 6.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with IDBI Ultra Short Term Bonus fund (PIDCW-A).
Frequently Asked Questions
What is IDBI Ultra Short Term Bonus fund (PIDCW-A)?
How to invest in IDBI Ultra Short Term Bonus fund (PIDCW-A)?
You can invest in IDBI Ultra Short Term Bonus fund (PIDCW-A) 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 Bonus fund (PIDCW-A)?
The minimum sip amount for IDBI Ultra Short Term Bonus fund (PIDCW-A) is ₹0. You can invest in multiples of ₹5000.
Is IDBI Ultra Short Term Bonus fund (PIDCW-A) good to invest in?
As per Scripbox experts, IDBI Ultra Short Term Bonus fund (PIDCW-A) is a Neutral fund. You can investIDBI Ultra Short Term Bonus fund (PIDCW-A) 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 Bonus fund (PIDCW-A)?
The expense ratio of the IDBI Ultra Short Term Bonus fund (PIDCW-A) is 0.44% for regular plan.