IDBI Ultra Short Term Fund Direct Daily Transfer of Income Distribution cum Cap Wdrl plan
Debt
Direct
Ultra Short Duration
NAV: ₹ 1031.2 as on 01-06-2023
Fund Performance
About the Fund
IDBI Ultra Short Term Fund Direct Daily Transfer of Income Distribution cum Cap Wdrl plan 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 Transfer of Income Distribution cum Cap Wdrl plan has a NAV of ₹1031.1905 as on 01-06-2023.
2) IDBI Ultra Short Term Fund Direct Daily Transfer of Income Distribution cum Cap Wdrl plan has ₹148 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.
3) The fund has an expense ratio 0.25 %.
IDBI Ultra Short Term Fund Direct Daily Transfer of Income Distribution cum Cap Wdrl plan Overview
 | 0.25% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹148 Cr |
 | 1 January, 2013 |
 | ₹0/₹0 |
 | 0% |
 | No Lock-in |
 TurnOver | 6138.25% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
89.2%
AA
10.8%
Sector Allocation
Government
48.1%
Corporate
34.1%
Cash Equivalent
17.9%
Top Holdings of IDBI Ultra Short Term Fund Direct Daily Transfer of Income Distribution cum Cap Wdrl plan as on (31-May-23)
Debt Holdings17
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Treps | 15.65% | -44.1% | |
364 DTB 12102023 | 12.26% | 0% | |
State Bank Of India | 10.82% | 0% | |
Sbm Bank (India) Limited | 7.49% | 0% | |
Punjab National Bank | 5.12% | 0% |
See all
IDBI Ultra Short Term Fund Direct Daily Transfer of Income Distribution cum Cap Wdrl plan: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.45% whereas the fund’s underlying benchmark Ultra Short Duration Index returns stands at 0.42% as on Apr'23
- This fund outperformed Ultra Short Duration Index by 0.03% in Apr'23
AUM Change
- AUM of the fund stands at 146.3 Cr as of Apr'23
- AUM decreased by 26.9 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
IDBI Ultra Short Term Fund Direct Daily Transfer of Income Distribution cum Cap Wdrl plan Fund Manager
Raju Sharma
Fund Manager of IDBI Ultra Short Term Fund Direct Daily Transfer of Income Distribution cum Cap Wdrl plan, since 7 September 2022
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 5.66% since inception which is less than its category average return of 7.13%
AUM size ₹148 Cr
This fund has AUM of ₹148 Cr which is less than its category average of ₹ 2988 Cr
Expense Ratio 0.25%
This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.63%
Frequently Asked Questions
The current NAV of IDBI Ultra Short Term Fund Direct Daily Transfer of Income Distribution cum Cap Wdrl plan is ₹1031.19 as on 01-Jun-2023.
Existing (Absolute + CAGR) as on 01-Jun-2023.
IDBI Ultra Short Term Fund Direct Daily Transfer of Income Distribution cum Cap Wdrl plan | Absolute Returns | CAGR Returns |
1 Month Returns | 0.65% | 0.65% |
6 Month Returns | 3.43% | 3.43% |
1 Year Returns | 6.32% | 6.32% |
3 Years Returns | 15.76% | 5% |
5 Years Returns | 28.08% | 5.07% |
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 May 2023
₹148 Cr as on May 2023
Treps(15.65%), 364 DTB 12102023(12.26%), State Bank Of India(10.82%), Sbm Bank (India) Limited(7.49%), Punjab National Bank(5.12%) as on May 2023
Government(47.99%), Corporate(29.62%), Cash Equivalent(22.39%) as on January 1
Yield to Maturity is 7.13 as on May 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.28 as on May 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 89.2 |
AA | 10.8 |
Raju Sharma is the fund manager of IDBI Ultra Short Term Fund Direct Daily Transfer of Income Distribution cum Cap Wdrl plan
The Exit load of IDBI Ultra Short Term Fund Direct Daily Transfer of Income Distribution cum Cap Wdrl plan is 0%