- Mutual Funds
- IDBI Mutual Funds
- IDBI Ultra Short Term fund (Growth)
IDBI Ultra Short Term fund (Growth)
₹ 2366.8405
NAV (Mar 21)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 2366.8405
NAV (Mar 21)
Fund Returns
Last 1Y | 5.2% |
Last 3Y | 4.7% |
Last 5Y | 5.5% |
Last 10Y | 6.6% |
Since Inception | 7.1% |
6 Month CAGR | 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 (13y ago) | Sep 03, 2010 |
AUM in Crores | 187.092 |
ISIN | INF397L01745 |
Lock-in | No Lock-in |
Benchmark | CRISIL Ultra Short Duration TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.7 |
Standard Deviation (5yr) | 2.6 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.193 |
Sharpe Ratio (5yr) | 0.154 |
YTM | 7.15 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| IDBI Ultra Short Term fund (Growth) | 836,128 | 103,516 | 5.5% | |
| 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.
Asset allocation and Holdings
Top Debt Holdings
treps
17.3%91 Days Treasury Bill 11-05-2023
13.2%364 Days Treasury Bill 12-10-2023
12.8%state bank of india
11.3%sbm bank (india) limited
7.8%Compare IDBI Ultra Short Term fund (Growth)
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 47,245 cr | ||
₹ 13,831 cr | ||
₹ 20,146 cr | ||
₹ 12,884 cr | ||
₹ 47,245 cr |
About the AMC
IDBI Asset Management Limited
IDBI Asset Management Limited manages assets worth 3,649 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.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.4% | 7.1% | ||
24.2% | 13.1% | ||
4.4% | 5.6% | ||
23.9% | 12.9% | ||
4.2% | 4.8% |
IDBI Ultra Short Term fund (G) Review
IDBI Ultra Short Term fund (G) is a Ultra Short Debt fund and has delivered an annualised return of 7.1% over a period of 12 years. The fund is managed by IDBI Asset Management Limited. The fund manager’s name is Raju Sharma.
Nav of IDBI Ultra Short Term fund (G) as of 3/21/2023 is ₹2366.84 with the total AUM as of 3/22/2023 is ₹187.092. With Scripbox you can compare and check the latest nav for all mutual funds in India. IDBI Ultra Short Term fund (G) 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 (G) 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 (G) 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 (G) is rated as a 3 fund in Debt and delivered 5.2% 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 (G).
Frequently Asked Questions
What is IDBI Ultra Short Term fund (G)?
How to invest in IDBI Ultra Short Term fund (G)?
You can invest in IDBI Ultra Short Term fund (G) 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 (G)?
The minimum sip amount for IDBI Ultra Short Term fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is IDBI Ultra Short Term fund (G) good to invest in?
As per Scripbox experts, IDBI Ultra Short Term fund (G) is a Neutral fund. You can investIDBI Ultra Short Term fund (G) 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 (G)?
The expense ratio of the IDBI Ultra Short Term fund (G) is 0.44% for regular plan.