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IDBI ULTRA SHORT TERM FUND

IDBI ULTRA SHORT TERM FUND

An open ended ultra short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months to 6 months#.# Please refer to the Scheme Information Document (SID) on which the concept of Macaulay’s duration has been explained

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Fund Manager

Mr. Bhupesh Kalyani

Total Experience: Over 19 Years (Managing the Scheme since 1st February, 2017)

Other Funds Managed by Mr. Bhupesh Kalyani - Click Here

Debt Schemes
IDBI CREDIT RISK FUND
IDBI SHORT TERM BOND FUND

Fund Information

NAV

2,220.5625

As on 27 Oct 21

IDCW stands for Income Distribution cum Capital Withdrawal

Fund Category

Ultra Short Duration Fund

Inception

03 Sep 2010

Benchmark

CRISIL Ultra Short Term Debt Index

Entry Load

Not Applicable

Exit Load

Nil

Face Value

Rs. 1,000/- per unit

Returns

As of last business day of the month- September 2021

4.35%

Investment Essentials

Minimum Application Amount

Minimum Lumpsum Amount:
Rs. 5000/- and in multiples of Re. 1

Minimum Additional Lumpsum Amount:

Rs. 1000/- and in multiples of Re. 1

Systematic Investment Plan (SIP) Options

Monthly Option:
Rs. 500/- per month for a minimum period of 12 months
Or
Rs. 1000/- per month for a minimum period of 6 months

Quarterly Option:
Rs. 1500/- per quarter for a minimum period of 4 quarters

SCHEME LABEL

Riskometer

This product is suitable for investors who are seeking*

Regular income for short term
Investments in Debt / Money Market instruments with relatively lower interest rate risk, such that that Macaulay duration of the portfolio is maintained between 3 months to 6 months

*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.

Investment 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.

Who should Invest?

Investors looking for relatively better yield over liquid fund while keeping interest rate volatility relatively lower
Investors requiring temporary deployment of funds for 3-6 months period before allocating into other asset classes
Investors looking towards steady returns and liquidity over the near to short term
Investors looking to augment their returns from other than the conventional fixed income avenues like banks, FDs, post office deposits and bonds etc.
Investors who are looking for systematic transfer plan to equity oriented schemes

Portfolio as on 30/9/2021

Security Name	% to Net Assets*	Rating
DEBENTURES	4.88	N.A
Punjab National Bank ( AT1 Bond under Basel III )	1.38	IND AA
TATA Power Co. Ltd.	0.63	IND AA
REC Ltd.	0.61	CRISIL AAA
Chennai Petroleum Corpn. Ltd.	0.61	CRISIL AAA
JSW Steel Ltd.	0.47	IND AA
Godrej Properties Ltd.	0.47	[ICRA]AA
TATA Motors Ltd.	0.46	CRISIL AA-
Piramal Capital & Housing Finance Ltd.	0.25	[ICRA]AA
COMMERCIAL PAPERS	24.20	N.A
NTPC Ltd.	7.57	CRISIL A1+
ICICI Securities Ltd.	7.56	CRISIL A1+
Axis Finance Ltd.	7.56	CRISIL A1+
TATA Capital Financial Services Ltd.	1.51	CRISIL A1+
CERTIFICATE OF DEPOSITS	30.01	N.A
Axis Bank Ltd.	7.53	CRISIL A1+
SBM Bank (India) Ltd.	7.50	[ICRA]A1+
Small Industries Development Bank of India	7.49	CRISIL A1+
HDFC Bank Ltd.	7.49	IND A1+
T-BILLS	7.56	N.A
91 DTB	7.56	SOV
TREPS on G-sec or T-bills	33.24	N.A
CASH & CASH RECEIVABLES	0.11	N.A
TOTAL	100.00	N.A

*Rounded off to the nearest two digits after the decimal point.

Scheme Performance as of last business day of the month - September 2021

Regular Plan

Schemes managed by Fund Manager (FM) - Mr. Bhupesh Kalyani Experience - Over19 years

Returns (in %)				Value of Rs. 10,000/- invested
Period	Scheme	Benchmark#	Additional Benchmark##	Scheme (Rs.)	Benchmark# (Rs.)	Additional Benchmark## (Rs.)
1 year	4.35	4.36	3.89	10,435	10,436	10,389
3 years	5.73	6.47	6.30	11,826	12,076	12,013
5 years	5.88	6.73	6.11	13,311	13,852	13,455
Since Inception (SI) Date: 03 September, 2010	7.44	7.93	6.72	22,155	23,299	20,563
FM managing this Scheme since 1st February 2017 # CRISIL Ultra Short Term Debt Index, ## CRISIL 1 Year T-Bill Index

Direct Plan

Schemes managed by Fund Manager (FM) - Mr. Bhupesh Kalyani Experience - Over19 years

Returns (in %)				Value of Rs. 10,000/- invested
Period	Scheme	Benchmark#	Additional Benchmark##	Scheme (Rs.)	Benchmark# (Rs.)	Additional Benchmark## (Rs.)
1 year	4.69	4.36	3.89	10,469	10,436	10,389
3 years	6.19	6.47	6.30	11,979	12,076	12,013
5 years	6.50	6.73	6.11	13,705	13,852	13,455
Since Inception (SI) Date: 03 September, 2010	7.57	7.64	6.72	18,931	19,052	17,664
FM managing this Scheme since 1st February 2017 # CRISIL Ultra Short Term Debt Index, ## CRISIL 1 Year T-Bill Index

Past Performance may or may not be sustained in the future. Returns pertain to growth option under Regular & Direct Plan. The returns are Compounded Annual Growth Returns (CAGR) for past 1 year, 3 years, 5 years & since inception period and annualised for the period below 1 year. The Regular and Direct Plan of IDBI Mutual Fund have different expense structure.

Scheme Name	Option	NAV Per Unit(Rs)	NAV Date

Caption	PDF
Leaflet With Portfolio
Leaflet
Factsheet
Key Information Memorandum cum Application form (KIM)
Scheme Information Document