scorecardresearch
Business Today
Subscribe
PMS Today US News India UPSTART Weather BT Shorts NRI Education Election
BT Golf BT Mindrush BT Best Banks
Clear all
Search

COMPANIES

No Data Found

NEWS

No Data Found
Sign in Subscribe
events
Special
  • BT tech today
  • BT 500 wealth creators summit
  • Economic Indicators
News
Mutual Funds
IDBI Ultra Short Term Growth

Feedback
IDBI Ultra Short Term Growth

IDBI Ultra Short Term Growth

  • Low to Moderate Risk
  • Fixed Income
  • Ultra Short Duration
  • Share
  • Whatsapp
  • Twitter
  • Facebook
NAV as on Jul 28, 2023
i
Price per unit of the scheme.
₹ 2424.6756 0.02% 1 Day Change
0.52%
Minimum Investment ₹5000
Expense Ratio 0.44%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
4
Scheme Rating
*Morningstar Rating Methodologyi

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

FUND PERFORMANCE

(As On --)
Compare fund’s performance against category average across different time periods
1M 3M 6M 1Y 3Y 5Y
-- Out of -- funds in the category
Category Avg Return
--
Fund Return
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

This Fund
IDBI Ultra Short Term Growth
VS
Fixed Income: Ultra Short Duration Average NAV
Topper in Fixed Income: Ultra Short Duration
All Fund
*For the other fund, rescaled NAVs are used
Share
  • Whatsapp
  • Twitter
  • Facebook

RETURN CALCULATOR

Check the return on your investment in the fund
IDBI Ultra Short Term Growth
Investment Type
MONTHLY SIP ONE -TIME
Monthly Investment
Time Period (yrs)
Annual Return in %
  • Invested Amount
    ₹0
  • Return
    ₹0
  • Current Value
    ₹0

FUND SUMMARY

Benchmark
CRISIL Ultra Short Duration TR INR
Expense Ratio
0.44 %
Category Avg Expense Ratio
0.33%
Minimum Investment (Lumpsum/SIP)
₹5000/₹1000
Lock In (Years)
No Lock-in
Fund Size
₹ 143.90 Cr(As on Jul, 2023)
Inception Date
Sep 3, 2010
Turnover
0.00 %
Exit Load

ABOUT THE FUND

Objective: 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.

IDBI Ultra Short Term Growth is an Fixed Income - Ultra Short Duration fund. The fund was launched in Sep 3, 2010. Its risk level is Low to Moderate. The NAV of the fund as on Jul 28, 2023 is ₹2,424.68. Its expense ratio is 0.44 %. The fund has an AUM of ₹143.90 Cr.The fund is managed by Raju Sharma. The minimum initial investment is ₹5000 in Lumpsum mode.

SUBSCRIBE TO
BUSINESS TODAY MAGAZINE
Subscribe Now
Already a subscriber? Login

FUND MANAGER

Raju Sharma
i
Lead Fund Manager.
Sep 7, 2022- Present
  • Fund Manager Rank 3 Out of 26
    i
    Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
  • Schemes managed 1
  • Total AUM ₹ 19.90 Cr
  • Highest Return In 1 Yr 5.39 %
Other Funds
  • table
  • card
1M 3M 6M 1Y 3Y 5Y
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
IDBI Equity Savings Growth Option Direct IDBI Equity Savings Growth Option Direct
₹28.44
0.14%
0.71%
Moderately High risk
₹19.90Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
IDBI Equity Savings Growth Option Direct IDBI Equity Savings Growth Option Direct
₹28.44
-4.46%
-3.45%
Moderately High risk
₹19.90Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
IDBI Equity Savings Growth Option Direct IDBI Equity Savings Growth Option Direct
₹28.44
-3.56%
-3.20%
Moderately High risk
₹19.90Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
IDBI Equity Savings Growth Option Direct IDBI Equity Savings Growth Option Direct
₹28.44
5.39%
5.86%
Moderately High risk
₹19.90Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
IDBI Equity Savings Growth Option Direct IDBI Equity Savings Growth Option Direct
₹28.44
7.94%
8.03%
Moderately High risk
₹19.90Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
IDBI Equity Savings Growth Option Direct IDBI Equity Savings Growth Option Direct
₹28.44
10.83%
11.54%
Moderately High risk
₹19.90Cr
1M 3M 6M 1Y 3Y 5Y
IDBI Equity Savings Growth Option Direct IDBI Equity Savings Growth Option Direct
Moderately High risk
  • NAV ₹28.44
  • Fund Size ₹19.90Cr
Fund Return 0.14%
Category Return 0.71%
IDBI Equity Savings Growth Option Direct IDBI Equity Savings Growth Option Direct
Moderately High risk
  • NAV ₹28.44
  • Fund Size ₹19.90Cr
Fund Return -4.46%
Category Return -3.45%
IDBI Equity Savings Growth Option Direct IDBI Equity Savings Growth Option Direct
Moderately High risk
  • NAV ₹28.44
  • Fund Size ₹19.90Cr
Fund Return -3.56%
Category Return -3.20%
IDBI Equity Savings Growth Option Direct IDBI Equity Savings Growth Option Direct
Moderately High risk
  • NAV ₹28.44
  • Fund Size ₹19.90Cr
Fund Return 5.39%
Category Return 5.86%
IDBI Equity Savings Growth Option Direct IDBI Equity Savings Growth Option Direct
Moderately High risk
  • NAV ₹28.44
  • Fund Size ₹19.90Cr
Fund Return 7.94%
Category Return 8.03%
IDBI Equity Savings Growth Option Direct IDBI Equity Savings Growth Option Direct
Moderately High risk
  • NAV ₹28.44
  • Fund Size ₹19.90Cr
Fund Return 10.83%
Category Return 11.54%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on
EQUITY (0.00%)
DEBT (0.00%)
CASH (0.00%)
Allocation by Market Cap

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.
  • Consistency
    i
    It represents the consistency of a fund in beating its benchmark.
    --
  • Downside Risk
    i
    Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    --
  • Risk Adjusted Return
    i
    Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    --
  • Volatility
    i
    Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    --
  • Upside Capture Ratio
    i
    Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    --
  • Downside Capture Ratio
    i
    Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
    --

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
  • Alpha: Excess return of the fund over benchmark
    i
    Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
    0.18
    This Fund
    VS
    0.26
    Category Avg
  • Beta: Risk of the fund in relation to benchmark
    i
    Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
    0.97
    This Fund
    VS
    2.38
    Category Avg
  • Sortino Ratio: Return per unit of bad risk
    i
    A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
    1.62
    This Fund
    VS
    0.42
    Category Avg
  • R-Squared: How well the fund tracks benchmark
    i
    R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
    3.13
    This Fund
    VS
    29.10
    Category Avg
  • Sharpe Ratio: Risk adjusted return of the fund
    i
    Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
    0.68
    This Fund
    VS
    0.30
    Category Avg
  • Standard Devation: Volatility of the fund
    i
    Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
    0.50
    This Fund
    VS
    0.76
    Category Avg
Benchmark used in calculation : CRISIL Liquid Debt TR INR

PEER ANALYSIS

1M 3M 6M 1Y 3Y 5Y
  • table
  • card
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Nippon India Ultra Short Duration Fund Segregated Portfolio 1 Growth Option Nippon India Ultra Short Duration Fund Segregated Portfolio 1 Growth Option
--
₹96.51
265.31%
0.41%
Moderate Risk
--
IDBI Ultra Short Term Growth IDBI Ultra Short Term Growth
₹2,424.68
4.80%
4.75%
Low to Moderate Risk
₹143.90 Cr
DSP Ultra Short Fund Regular Plan Growth DSP Ultra Short Fund Regular Plan Growth
₹3,332.68
0.66%
0.41%
Moderate Risk
₹3,049.97 Cr
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Baroda BNP Paribas Ultra Short Duration Fund Regular Growth
₹1,506.81
0.50%
0.41%
Moderate Risk
₹1,552.86 Cr
Mirae Asset Ultra Short Duration Fund Regular Growth Mirae Asset Ultra Short Duration Fund Regular Growth
--
₹1,277.44
0.50%
0.41%
Moderate Risk
₹1,781.56 Cr
Mahindra Manulife Ultra Short Duration Fund Regular Growth Mahindra Manulife Ultra Short Duration Fund Regular Growth
₹1,345.10
0.50%
0.41%
Moderate Risk
₹229.86 Cr
Nippon India Ultra Short Duration Fund Segregated Portfolio 1 Growth Option Nippon India Ultra Short Duration Fund Segregated Portfolio 1 Growth Option
MODERATE RISK --
  • NAV ₹96.51
  • Fund Size --
Fund Return 265.31%
Category Return 0.41%
IDBI Ultra Short Term Growth IDBI Ultra Short Term Growth
LOW TO MODERATE RISK
  • NAV ₹2,424.68
  • Fund Size ₹143.90 Cr
Fund Return 4.80%
Category Return 4.75%
DSP Ultra Short Fund Regular Plan Growth DSP Ultra Short Fund Regular Plan Growth
MODERATE RISK
  • NAV ₹3,332.68
  • Fund Size ₹3,049.97 Cr
Fund Return 0.66%
Category Return 0.41%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Baroda BNP Paribas Ultra Short Duration Fund Regular Growth
MODERATE RISK
  • NAV ₹1,506.81
  • Fund Size ₹1,552.86 Cr
Fund Return 0.50%
Category Return 0.41%
Mirae Asset Ultra Short Duration Fund Regular Growth Mirae Asset Ultra Short Duration Fund Regular Growth
MODERATE RISK --
  • NAV ₹1,277.44
  • Fund Size ₹1,781.56 Cr
Fund Return 0.50%
Category Return 0.41%
Mahindra Manulife Ultra Short Duration Fund Regular Growth Mahindra Manulife Ultra Short Duration Fund Regular Growth
MODERATE RISK
  • NAV ₹1,345.10
  • Fund Size ₹229.86 Cr
Fund Return 0.50%
Category Return 0.41%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Top funds from this amc

1M 3M 6M 1Y 3Y 5Y
  • table
  • card
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
IDBI Gold Fund Direct Growth IDBI Gold Fund Direct Growth
--
₹24.46
2.89%
3.31%
High Risk
₹80.36 Cr
IDBI Equity Savings Growth Option Direct IDBI Equity Savings Growth Option Direct
₹28.44
0.14%
0.71%
Moderately High risk
₹19.90 Cr
IDBI Midcap Fund Direct Growth IDBI Midcap Fund Direct Growth
₹28.35
0.01%
-1.97%
Very High Risk
₹307.11 Cr
IDBI Nifty Next 50 Index Fund Direct Growth IDBI Nifty Next 50 Index Fund Direct Growth
₹48.18
0.05%
--
Very High Risk
₹89.03 Cr
IDBI Dividend Yield Fund Direct Growth IDBI Dividend Yield Fund Direct Growth
--
₹28.61
0.81%
-2.95%
Very High Risk
₹482.65 Cr
IDBI Healthcare Fund Direct Growth IDBI Healthcare Fund Direct Growth
--
₹29.22
-1.39%
-1.51%
Very High Risk
₹83.89 Cr
IDBI Gold Fund Direct Growth IDBI Gold Fund Direct Growth
HIGH RISK --
  • NAV ₹24.46
  • Fund Size ₹80.36 Cr
Fund Return 2.89%
Category Return 3.31%
IDBI Equity Savings Growth Option Direct IDBI Equity Savings Growth Option Direct
MODERATELY HIGH RISK
  • NAV ₹28.44
  • Fund Size ₹19.90 Cr
Fund Return 0.14%
Category Return 0.71%
IDBI Midcap Fund Direct Growth IDBI Midcap Fund Direct Growth
VERY HIGH RISK
  • NAV ₹28.35
  • Fund Size ₹307.11 Cr
Fund Return -0.01%
Category Return -1.97%
IDBI Nifty Next 50 Index Fund Direct Growth IDBI Nifty Next 50 Index Fund Direct Growth
VERY HIGH RISK
  • NAV ₹48.18
  • Fund Size ₹89.03 Cr
Fund Return -0.05%
Category Return --
IDBI Dividend Yield Fund Direct Growth IDBI Dividend Yield Fund Direct Growth
VERY HIGH RISK --
  • NAV ₹28.61
  • Fund Size ₹482.65 Cr
Fund Return -0.81%
Category Return -2.95%
IDBI Healthcare Fund Direct Growth IDBI Healthcare Fund Direct Growth
VERY HIGH RISK --
  • NAV ₹29.22
  • Fund Size ₹83.89 Cr
Fund Return -1.39%
Category Return -1.51%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

IDBI Asset Management Limited
IDBI Asset Management Limited manages assets worth ₹ 4,067.08 crores. It’s current offering of mutual fund schemes includes 11 equity, 3 debt and 2 hybrid schemes.
Phone
+91 22 66442800
Email
contactus@idbimutual.co.in
AUM
₹ 4,067.08 Cr (
As on Jan 2025
)
Address
5th floor, Mafatlal Centre, ,Mumbai ,400 021

FAQ’S

What is the category of IDBI Ultra Short Term Growth ?
The category of IDBI Ultra Short Term Growth is Fixed Income - Ultra Short Duration
What is the current NAV of IDBI Ultra Short Term Growth ?
The current NAV of IDBI Ultra Short Term Growth (as on Jul 28, 2023) is ₹ 2,424.68
How safe is IDBI Ultra Short Term Growth?
The risk level of IDBI Ultra Short Term Growth is Low to Moderate .
What are short term returns given by IDBI Ultra Short Term Growth?
The return given by IDBI Ultra Short Term Growth in 1 month is 0.52%, 3 months is 1.62%, 6 months is 3.37%, and 1 year is 6.39%.
What are the long term returns given by IDBI Ultra Short Term Growth?
The return given by IDBI Ultra Short Term Growth in 3 years is 4.79% and 5 years is 5.49%.
What is the expense ratio of IDBI Ultra Short Term Growth?
The expense ratio of IDBI Ultra Short Term Growth is 0.44 %
What is the AUM of IDBI Ultra Short Term Growth
The assets under Management (AUM) of IDBI Ultra Short Term Growth is Rs 143.90 crores.
What is the minimum investment in IDBI Ultra Short Term Growth?
The minimum Lumpsum investment in IDBI Ultra Short Term Growth is ₹5000 and the minimum SIP investment in IDBI Ultra Short Term Growth is ₹1000
What is the asset allocation of IDBI Ultra Short Term Growth?
The IDBI Ultra Short Term Growth has an exposure of and & Money Market Securities

CALCULATORS

Income Tax Calculator SIP Calculator FD Calculator Dividend Yield Calculator Lump-Sum Calculator CAGR Calculator Top-Up Calculator Latte Factor Calculator

Top Stories

Advertisement