IDBI UST Growth

Fund House: IDBI Mutual Fund
Category: Debt: Ultra Short Duration
Launch Date: 03-09-2010
Asset Class: Fixed Income
Benchmark: CRISIL Ultra ST Debt TRI
Expense Ratio: 0.42% As on (31-07-2022)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 235.12 Cr As on (31-08-2022)
Turn over: - | Exit Load: Nil

2297.5307

7.13%

PERFORMANCE

Returns Type:
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Start :  
End : 
Period:  
This Scheme
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vs
S&P BSE Liquid Rate Index
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Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The Scheme seeks to provide regular income for their investment through an allocation of the investment corpus in a diversified portfolio of money market and debt instruments with maturity predominantly between a liquid fund and a short term fund while maintaining a portfolio risk profile similar to a liquid fund.

Current Asset Allocation (%)

Indicators

Volatility 0.54
Sharp Ratio 0.91
Alpha 3.32
Beta 0.81
Yield to Maturity 5.84
Average Maturity 0.32

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
IDBI UST Growth 03-09-2010 4.33 4.06 4.58 5.4 6.72
UTI - Ultra Short Term Fund - Discontinued - INSTN GROWTH OPTION 13-07-2009 5.2 5.18 5.53 5.33 7.05
UTI - Ultra Short Term Fund - Regular Plan - Growth Option 29-08-2003 5.02 4.99 5.35 5.13 6.89
Baroda BNP Paribas Ultra Short Duration Fund - Regular Plan - Growth 29-05-2018 4.12 3.93 4.53 - -
Nippon India Ultra Short Duration Fund- Growth Option 07-12-2001 3.97 6.23 6.18 5.04 6.3
Aditya Birla Sun Life Savings Fund - Growth - Regular Plan 27-11-2001 3.95 4.18 5.29 6.28 7.67
Aditya Birla Sun Life Savings Fund-Retail Growth 27-11-2001 3.95 4.18 5.29 6.28 7.63
Mirae Asset Ultra Short Duration Fund Regular Growth 07-10-2020 3.92 - - - -
ICICI Prudential Ultra Short Term Fund - Growth 01-05-2011 3.84 4.14 5.2 6.1 7.51
HSBC Ultra Short Duration Fund - Growth 29-01-2020 3.75 3.69 - - -

Scheme Characteristics

Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

100.0%

Scheme Documents

July 2022

August 31, 2022

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months

Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **

In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.

** The DDT is to be paid by the mutual fund

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