IDBI Ultra Short Term Fund Direct Daily Reinvestment of Income Distribution cum Cap Wdrl

IDBI Ultra Short Term Fund Direct Daily Reinvestment of Income Distribution cum Cap Wdrl

IDBI Ultra Short Term Fund Direct Daily Reinvestment of Income Distribution cum Cap Wdrl
IDBI Ultra Short Term Fund Direct Daily Reinvestment of Income Distribution cum Cap Wdrl

IDBI Ultra Short Term Fund Direct Daily Reinvestment of Income Distribution cum Cap Wdrl

Debt
Direct
Ultra Short Duration

NAV: ₹ 1031.2 as on 23-09-2022

Fund Performance
About the Fund

IDBI Ultra Short Term Fund Direct Daily Reinvestment of Income Distribution cum Cap Wdrl is a debt fund. This fund was started on  1 January, 2013. The fund is managed by Raju Sharma. This fund is suitable to keep your money safe.

Key parameters

1) IDBI Ultra Short Term Fund Direct Daily Reinvestment of Income Distribution cum Cap Wdrl has a NAV of 1031.1905 as on 23-09-2022.

2) IDBI Ultra Short Term Fund Direct Daily Reinvestment of Income Distribution cum Cap Wdrl has 235 Cr worth of assets under management (AUM) as on 31-07-2022 and is less than category average.

3) The fund has an expense ratio 0.25 %.

Fund Overview

Expense ratio
Expense ratio
0.25%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹235 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
6138.25%

Fund Distribution

  • Debt & Cash 100%
Credit rating breakup
AAA
94.2%
AA
5.8%

Sector Allocation

Aug'22

Jul'22

Jun'22

Cash Equivalent

51.3%

Government

27%

Corporate

21.7%

Top Holdings

  • All
  • Debt & Cash
Total Holdings17
Debt Holdings17
Holdings
Weight%
Holdings Trend
1M Change
icon
Treps
30.47%
-44.1%
icon
91 DTB 20102022
10.6%
0%
icon
Axis Bank Limited
9.34%
0%
icon
J.K.Cement Limited
8.5%
0%
icon
Canara Bank
8.49%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 5.4 Cr in last 1M
Aug'22 return underperformed benchmark

Change in AUM

Aug'22
₹ 235.1 Cr
Jul'22
₹ 240.5 Cr
Jun'22
₹ 231.6 Cr

Fund Returns vs Benchmark

Aug'22
0.38%
0.38%
Jul'22
0.38%
0.38%
Jun'22
0.40%
0.36%
Fund Return
Benchmark Return

Fund Manager

Raju Sharma

Raju Sharma

Managing this fund since 7 September 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
IDBI Hybrid Equity Fund Direct Growth
11.98%
14.31%
IDBI Liquid Fund Direct Growth
4.25%
3.1%
IDBI Ultra Short Term Fund Direct Growth
4.95%
4.9%

AMC details

Address
IDBI Asset Management Ltd.,5th floor, Mafatlal Centre,,Nariman Point,
Phone
+912266442800
Fund House
IDBI Asset Management Limited

Fund Highlights

About the fund

About the fund

This fund has delivered an average annual returns of 5.57% since inception which is less than its category average return of 7.03%
AUM size ₹235 Cr

AUM size ₹235 Cr

This fund has AUM of ₹235 Cr which is less than its category average of ₹ 3108 Cr
Expense Ratio 0.25%

Expense Ratio 0.25%

This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.6%
meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk

Frequently Asked Questions

The current NAV of IDBI Ultra Short Term Fund Direct Daily Reinvestment of Income Distribution cum Cap Wdrl is 1031.19.
Existing (Absolute + CAGR)
IDBI Ultra Short Term Fund Direct Daily Reinvestment of Income Distribution cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.39%
0.39%
6 Month Returns
2.14%
2.14%
1 Year Returns
4.29%
4.29%
3 Years Returns
14.1%
4.49%
5 Years Returns
26.37%
4.79%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.25 as on August 2022
235 Cr as on August 2022
5.95
0.32
AAA
94.25
AA
5.75
Raju Sharma is the fund manager of IDBI Ultra Short Term Fund Direct Daily Reinvestment of Income Distribution cum Cap Wdrl
The Exit load of IDBI Ultra Short Term Fund Direct Daily Reinvestment of Income Distribution cum Cap Wdrl is 0%